Other Reductions. The adjustments to the Purchase Price described in this Section 3.4 are in addition to the other rights of the Holder described in the Subscription Agreement.
Other Reductions. The Borrowing Base shall be reduced from time to time by the amount of any prepayment required by Section 12(r) hereof upon the sale of Oil and Gas Properties. If, as a result of any such reduction in the Borrowing Base, the Total Outstandings ever exceed the Borrowing Base then in effect, the Borrowers shall make the mandatory prepayment of principal required pursuant to Section 9(b) hereof.
Other Reductions. The Borrowing Base shall be reduced from time to time by the amount of any prepayment required by Section 12(r) hereof upon the sale of assets, provided, however, that such reduction shall only remain in effect until the next redetermination of the Borrowing Base is made pursuant to Section 7(b) hereof. Such temporary reduction of the Borrowing Base shall not result in a reduction of the Commitment unless the Borrowers elect to permanently reduce the Commitment pursuant to the provisions of Section 2(e) hereof. If, as a result of any such reduction in the Borrowing Base, the Total Outstandings ever exceed the Borrowing Base then in effect, the Borrowers shall make the mandatory prepayment of principal required pursuant to Section 9(b) hereof.
Other Reductions. The District shall notify CSEA and the chapter President within thirty (30) workdays of a decision to eliminate or suspend hiring in bargaining unit positions (“freeze”) in order to discuss the impact of such actions.
Other Reductions. The amount of the Contingent Earnout payable shall be reduced by the following amounts: (a) $525,000 which is the negotiated amount agreed by the Parties to be used for the Contingent Earnout calculation relative to the senior secured debt held by Summit Bridge that will be assigned to Parent--notwithstanding that the amount of such outstanding debt remains at approximately $2.7 million (and after the payment to Parent of the $525,000, the Contingent Earnout owing, if any, shall be paid by Buyer, and may be distributed to shareholders of Seller notwithstanding the continued existence or status of Seller's or Buyer's indebtedness to Parent w/respect to the debt previously held by Summit Bridge), (b) the amounts paid by Buyer in fees, duties and costs to transfer title to it of the Assets (including the shares of SAS and BV), (c) an amount equal to any working capital deficiency as described in Section 2.6, if any, and (d) any Drawdowns on the Line of Credit as described in Section 2.7, if any.
Other Reductions. The Company may make such reductions in the Conversion Price, in addition to those required by subparagraphs (1), (2), (3), (4), (5) and (6), as it considers to be advisable to avoid or diminish any income tax to holders of Common Stock or rights to purchase Common Stock resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least twenty (20) days, the reduction is irrevocable during the period, and the Board of Directors of the Company shall have made a determination that such reduction would be in the best interest of the Company, which determination shall be conclusive. Whenever the Conversion Price is reduced pursuant to the preceding sentence, the Company shall mail to holders of record of the Senior Convertible Preferred Stock a notice of the reduction at least fifteen (15) days prior to the date the reduced Conversion Price takes effect, and such notice shall state the reduced Conversion Price and the period it will be in effect.
