Legally Available Funds Sample Clauses

Legally Available Funds. All payments under this Agreement are subject to the Office’s receipt of sufficient funds. Any termination, reduction or delay of state funds to the Office shall, at the Office’s sole discretion, result in the termination, reduction, or delay of State funds to Grantee.
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Legally Available Funds. For purposes of this Section 12.1, funds shall not be "legally available" for the payment of dividends or the redemption price with respect to any share of RP if the Trust is insolvent at the time such payment would be made or to the extent that such payment cannot be made without rendering the Trust insolvent.
Legally Available Funds. Without limiting the rights of any Holder (including pursuant to Section 6), if the Company does not have sufficient funds legally available to fully pay any cash amount otherwise due on the Convertible Preferred Stock, then the Company will pay the deficiency promptly after funds thereafter become legally available therefor.
Legally Available Funds. If, at the time the Company is obligated or elects to purchase Shares from any Shareholder hereunder, the Company does not have funds legally available for the purchase of those Shares, then (a) the Company shall purchase that number of Shares which it legally may purchase, and (b) the Company shall remain obligated to purchase any remaining Shares at such time or times as it has funds legally available for such purpose.
Legally Available Funds. No Preferred Units may be redeemed except with funds legally available for the payment of the Redemption Price.
Legally Available Funds. Without limiting the rights of the Corporation as holder of the Convertible Preferred Units (including pursuant to Section 6), if the Company does not have sufficient funds legally available to fully pay any cash amount otherwise due on the Convertible Preferred Units, then the Company will pay the deficiency promptly after funds thereafter become legally available therefor.
Legally Available Funds funds that the governing body of Agency obtains by Legislative appropriation or are otherwise legally available for the purpose of making Payments under this Agreement
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Legally Available Funds. SECTION 16. WITHHOLDING.
Legally Available Funds. No shares of Series B Preferred Stock may be redeemed except with funds legally available for the payment of the Redemption Amount.
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