Equipment Designation Sample Clauses

Equipment Designation. (a) A preliminary list of the Molds, Equipment and Parts located in the Sao Paulo Facility proposed to transfer to Buyer on the Closing Date, together with their net book value, is set forth on Schedule 4.4. Prior to the Closing Date, Goodyear and Buyer shall conduct a physical count and inspection of the Molds, Equipment and Parts and verify that each item set forth on Schedule 4.4 is used in the manufacture of Farm Tires. Following completion of the physical count, inspection and verification, Goodyear and Buyer shall update Schedule 4.4 as of the Closing Date to remove from Schedule 4.4 the Molds, Equipment and Parts that are not used in the manufacture of Farm Tires. The Preliminary Purchased Price shall be decreased dollar for dollar by the aggregate net book value of the Molds, Equipment and Parts that are removed from Schedule 4.4 by mutual agreement of the Parties. Goodyear’s and Buyer’s approval of a revised Schedule 4.4 as of the Closing Date and the adjustment to the Preliminary Purchase Price under this Section 4.4 shall be a condition precedent to such Party’s obligation to consummate the transactions contemplated by this Agreement under Article 11. In the event that Goodyear and Buyer fail to agree on a revised Schedule 4.4 as of the Closing Date or the related adjustment to the Preliminary Purchase Price, Goodyear and Buyer may elect to waive the condition precedent and proceed with the Closing, in which case Buyer and Goodyear shall follow the procedures set forth in Section 4.4(b) through Section 4.4(e).
Sample 1
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Equipment Designation. ‌ Operators of the equipment as shown hereunder will be paid at the level so indicated: Xxxxx 0 Xxxxxxxxx, Xxxxxx, Xxxxxxx, Xxxx snow blower and loaders. Level II Sweep/Catch basin cleaner, flail mower and MT’s, 5 ton truck or above when used in plowing operations. Truck Driver Trucks weighing 5 tons or more and includes trucks with sander attachment.
Sample 1

Related to Equipment Designation

  • Series Designation The Series Designation establishing a Series may: (i) specify a name or names under which the business and affairs of such Series may be conducted; (ii) designate, fix and determine the relative rights, powers, authority, privileges, preferences, duties, responsibilities, liabilities and obligations in respect of Interests of such Series and the Members associated therewith (to the extent such terms differ from those set forth in this Agreement) and (iii) designate or authorize the designation of specific Officers to be associated with such Series. A Series Designation (or any resolution of the Managing Member amending any Series Designation) shall be effective when a duly executed original of the same is included by the Managing Member among the permanent records of the Company, and shall be annexed to, and constitute part of, this Agreement (it being understood and agreed that, upon such effective date, the Series described in such Series Designation shall be deemed to have been established and the Interests of such Series shall be deemed to have been authorized in accordance with the provisions thereof). The Series Designation establishing a Series may set forth specific provisions governing the rights of such Series against a Member associated with such Series who fails to comply with the applicable provisions of this Agreement (including, for the avoidance of doubt, the applicable provisions of such Series Designation). In the event of a conflict between the terms and conditions of this Agreement and a Series Designation, the terms and conditions of the Series Designation shall prevail.

  • Initial Advance to Each Designated Subsidiary The obligation of each Lender to make an initial Advance to each Designated Subsidiary is subject to the receipt by the Agent on or before the date of such initial Advance of each of the following, in form and substance reasonably satisfactory to the Agent and dated such date:

  • Annual Officer’s Certificate; Notice of Servicer Replacement Event (a) The Servicer will deliver to the Issuer, with a copy to the Indenture Trustee, on or before March 30th of each year, beginning on March 30, 2019, an Officer’s Certificate, dated as of December 31 of the immediately preceding year, providing such information as is required under Item 1123 of Regulation AB.

  • Notice of Special Payment Except as provided in Section 2.4(c) below, upon receipt by the Subordination Agent, as registered holder of the Equipment Notes, of any notice of a Special Payment (or, in the absence of any such notice, upon receipt by the Subordination Agent of a Special Payment), the Subordination Agent shall promptly give notice thereof to each Trustee and the Liquidity Providers. The Subordination Agent shall promptly calculate the amount of the redemption or purchase of Equipment Notes, the amount of any Overdue Scheduled Payment or the proceeds of Equipment Notes or Collateral, as the case may be, comprising such Special Payment under the applicable Indenture or Indentures and shall promptly send to each Trustee and each Liquidity Provider a Written Notice of such amount and the amount allocable to each Trust. Such Written Notice shall also set the distribution date for such Special Payment (a “Special Distribution Date”), which shall be the Business Day which immediately follows the later to occur of (x) the 15th day after the date of such Written Notice and (y) the date the Subordination Agent has received or expects to receive such Special Payment. Amounts on deposit in the Special Payments Account shall be distributed in accordance with Sections 2.4(b) and 2.4(c) and Article III hereof, as applicable. For the purposes of the application of any Equipment Note Special Payment distributed on a Special Distribution Date in accordance with Section 3.2 hereof, so long as no Indenture Default shall have occurred and be continuing under any Indenture:

  • Auction Schedule; Method of Submission of Orders (a) The Fund and the Auction Agent shall conduct Auctions for Preferred Shares in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with the consent of the Fund, which consent shall not be withheld unreasonably. The Auction Agent shall give notice of any such change to BD. Such notice shall be received prior to the first Auction Date on which any such change shall be effective. Time Event ---- -----

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