Debt Rescheduling Sample Clauses

Debt Rescheduling. (i) Promptly upon the Buyer commencing negotiations with one or more of its significant creditors with a view to general readjustment or rescheduling of all or any material part of its indebtedness under circumstances in which a reasonable business person, in the exercise of prudent business judgment, would conclude that the Buyer would otherwise not be able to pay such indebtedness as it falls due, notice of commencement of such negotiations, and (ii) thereafter timely advice of the progress of such negotiations until such negotiations are terminated or completed.
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Debt Rescheduling. 1. In the event of a request for debt rescheduling from the buyer´s/borrower´s country, the Insurer and Reinsurer shall consult as to how to resolve any problems that may arise by such a request. However, the final decision will be taken by the Insurer.
Sample 1Sample 2
Debt Rescheduling. 1. In the event of a request by the Buyer/Xxxxxxxx’s country to include a debt to which a Policy relates in a rescheduling agreement, the Insurer and Reinsurer shall consult each other and mutually agree as to how to resolve any problems that may arise from such a request. However, the final decision will be taken by the Insurer. Should the Insurer and the Reinsurer fail to agree on how to resolve any problems, the Insurer shall, at the Reinsurer's request, and expense, to the extent that no prejudice is caused to any security granted in relation to such debt, assign to the Reinsurer a portion of the debt to which the Policy relates and all rights pertaining thereto.
Sample 1
Debt Rescheduling. In the event of a request for debt rescheduling from the buyer/borrower’s country, the Insurer and Reinsurer shall consult as to how to resolve any problems that may arise by such a request. However, the final decision will be taken by the Insurer.
Sample 1
Debt Rescheduling. (i) Promptly upon the Buyer commencing negotiations with one or more of its significant creditors with a view to general readjustment or rescheduling of all or any material part of its indebtedness under circumstances in *** Confidential Treatment Requested LA4-41 Hawaiian Airlines, Inc. [...***...] Letter Agreement which a reasonable business person, in the exercise of prudent business judgment, would conclude that the Buyer would otherwise not be able to pay such indebtedness as it falls due, notice of commencement of such negotiations, and (ii) thereafter timely advice of the progress of such negotiations until such negotiations are terminated or completed.
Sample 1

Related to Debt Rescheduling

  • Rescheduling (a) A Maintenance Outage and the associated Capacity Credit Period may be rescheduled if Seller’s request to reschedule is received by Buyer no later than 5:00 p.m. PPT on the day before the Maintenance Outage was previously scheduled to begin.

  • Rescheduling of Tests If the Independent Engineer certifies to the Authority and the Concessionaire that it is unable to issue the Completion Certificate or Provisional Certificate, as the case may be, because of events or circumstances on account of which the Tests could not be held or had to be suspended, the Concessionaire shall be entitled to re-schedule the Tests and hold the same as soon as reasonably practicable.

  • Self Scheduling The Home and the Union may agree to implement a self-scheduling process. Self-scheduling is the mechanism by which employees in a Home create their own work schedules. The purpose of self scheduling is to improve job satisfaction and quality of work life for the participating employees. Self scheduling requires a collaboration of employees and management to ensure proper coverage of the Home and to meet the provisions of the Collective Agreement. It is agreed that self scheduling will be negotiated locally by the Home and the Union and will include a trial period. Each Home must have the majority agreement of the full-time and part-time employees who vote on the issue to agree on a trial period of up to six months. Once the trial period is complete, each Home must have a minimum of 66⅔% agreement of the full-time and part-time employees who vote on the issue to continue with the new schedule on a permanent basis.

  • FINANCIAL SUPPORT 3.1 The financial support is calculated following the funding rules indicated in the Erasmus+ Programme Guide.

  • Scheduling i) The designated employer will provide the employee with their schedule of shifts in accordance with the collective agreement for both homes. [Insert the split/sharing of shift numbers here] Similarly, the employee will submit all requests for time off including vacation to the designated employer in accordance with the collective agreement.

  • Vacation Scheduling (a) With the exception of authorized vacation carryover under Clause 18.6, the scheduling and completion of vacations shall be on a calendar-year basis.

  • Scheduling of Vacations Vacations shall be scheduled at a time mutually acceptable to the Agency and the employee and consistent with the work requirements of the Agency. All vacation leaves require advanced written authorization by the employee's immediate supervisor.

  • Contract Monitoring The criminal background checks required by this rule shall be national in scope, and must be conducted at least once every three (3) years. Contractor shall make the criminal background checks required by Paragraph IV.G.1 available for inspection and copying by DRS personnel upon request of DRS.

  • Scheduling Vacations Vacations are to be scheduled in advance and taken at such reasonable times as approved by the employee's department with particular regard to the needs of the Employer, seniority of employee, and, insofar as practicable, with regard to the wishes of the employee. No vacation shall be assigned by the Employer or deducted from the employee's account as disciplinary action.

  • Scheduling of Vacation A) The Employer shall permit annual vacations to be taken during the entire year.

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