EPM Clause Samples
EPM. The Executive Program Manager hired by the City to lead and manage, in consultation with the Director, the ITRP to successful completion. Roles include Executive Program Manager, Manager of Projects, Program Controls Manager, Manager of Design, and Manager of Construction.
EPM. Electronic time and date security services that verify the authenticity of Electronic Files, as described in the Technical Description attached hereto as Exhibit E, that complies with industry standards and USPS policies and procedures.
EPM. 5.1 EPM Re-run
(a) The Company shall engage the EPM Administrators to re-run the EPM:
(i) on the date falling 10 Business Days prior to each of the first, the second and the third anniversary of the Restructuring Effective Date; and
(ii) at any other time reasonably requested by the Company.
(b) The Parties acknowledge that:
(i) following each EPM Re-Run, the EPM Entitlements of the Financiers may change;
(ii) accordingly the Holding Period Trustee may be required, following such EPM Re-Run, to transfer certain of its Commitments and corresponding Accruals to Holdback Creditors, Non-Submitting Creditors and/or to existing Financiers in their capacity as Reallocated Group Creditors in accordance with the provisions of the Holding Period Trust Deed and the terms of the Transaction Documents; and
(iii) in the case of the transfer of Commitments and corresponding Accruals to Holdback Creditors, Non-Submitting Creditors and/or to existing Financiers in their capacity as Reallocated Group Creditors in accordance with paragraph (ii) above, the Holding Period Trustee shall transfer:
(A) Conventional Commitments and corresponding Accruals to existing Financiers that are Conventional Lenders; and
(B) Islamic Financing Commitments and corresponding Accruals to existing Financiers that are Participants.
(c) For the avoidance of doubt, none of the Financier's Commitments will be reduced as a result of an EPM Re-Run.
(d) The Parties further acknowledge that if:
(i) the Holding Period Trustee is required to transfer a portion of its Commitments and corresponding Accruals pursuant to paragraph (b) above; and
(ii) the Conventional Commitments (together with corresponding Accruals) held by the Holding Period Trustee at that time are insufficient to enable the Holding Period Trustee to transfer the requisite amount of Conventional Commitments (together with corresponding Accruals) to:
(A) each Holdback Creditor and Non-Submitting Creditor which has elected to participate in the Conventional Facilities pursuant to the Admitted Group Creditor Letter signed by it; and/or
(B) each Conventional Lender which is a Reallocated Group Creditor; and (the "Re-Allocation Conditions"), then the Commitments and corresponding Accruals of the Holding Period Trustee may be re- allocated in the manner envisaged in Clause 5.2 (Re-allocation of Commitments) below.
5.2 Re-allocation of Commitme nts
(a) If, following an EPM Re-run, the Holding Period Trustee determines that the Re-Allocation Condi...
EPM