Escrow Requirements. The holder of this Warrant hereby agrees that such holder shall comply with all escrow requirements with respect to all securities of the Company that may be imposed by any Trading Market.
Escrow Requirements. Supplier shall place one (1) complete copy of the source code, including all compilation and execution procedures, identity of required third party software, necessary compilers, passwords or encryption keys and User Documentation necessary for the use thereof (the “Source Code”) and at no additional cost from Supplier to Aetna and under the terms and conditions of Aetna’s source code escrow agreement, (i) for the current version of each Program within [*] of the Effective Date of each Schedule licensing Aetna’s first order of such Program and (ii) for all Improvements to the Programs within [*] of release of the Improvements, with Aetna’s escrow agent who will, in writing, notify Aetna upon receipt of such Source Code. Aetna shall assume all costs associated with such escrow. Aetna shall have the right at any time to verify that the copy of the Source Code placed in escrow is the correct version and functions in accordance with the User Documentation applicable Schedule and Supplier shall cooperate fully with such verification. Within 15 days of the occurrence of any of the following, Aetna shall, without charge, receive its copy of the Source Code from Aetna’s escrow agent: (a) dissolution or other cessation of business of Supplier; (b) Supplier is in material breach of this Attachment and such breach is not cured as provided herein; (c) Maintenance is no longer made available by Supplier prior to the agreed term in the applicable Statement of Work for a reason other than Aetna’s refusal of Maintenance or non-payment; or (d) Aetna prevails on its quiet enjoyment rights under Section 14, Quiet Enjoyment, of this Attachment. After receiving its copy of the Source Code, as provided in this Section, [*] Confidential treatment requested; certain information omitted and filed separately with the SEC. Aetna, its agents, third party maintenance providers, and/or employees shall have the right to alter and use the Source Code as Aetna deems appropriate in accordance with the terms and conditions of the Agreement. If Aetna obtains the Source Code, then any license of the Program from Supplier hereunder shall automatically be converted to a perpetual license at the costs that are identified in the fees section of the applicable Schedule.
Escrow Requirements. Mortgagor shall pay to Mortgagee, at the time ------------------- of each payment of a monthly installment of interest and principal under the Note, a sum equal to one- twelfth of the estimated annual amount of all Impositions, and at Mortgagee's option, a sum equal to one-twelfth of the annual amount of any insurance premiums with respect to the Mortgaged Property so that at least one month before the due date of each such Imposition, Mortgagee shall hold sufficient funds to pay each such charge in full. The determination of the amount so payable and of the fractional part thereof to be deposited with Mortgagee, so that the aggregate of such deposit shall be sufficient for this purpose, shall be made by Mortgagee in its sole discretion. Such amounts collected shall be held by Mortgagee in an account (the "Accumulation Account"), but not in trust and without interest, and applied to the payment of such charges in such order and priority as Mortgagee, at Mortgagee's sole discretion, shall determine, on or before the respective dates on which the same or any of them would become delinquent. All monies paid to Mortgagee under this Section may be intermingled with other monies of Mortgagee, shall constitute additional security hereunder, and shall earn only such interest as prescribed by law, if any. If at any time before the date payment of any such Imposition is due Mortgagee determines that the amounts then on deposit therefor shall be insufficient for the payment of such Imposition in full, then Mortgagor, within ten days after Mortgagee's demand, shall deposit the amount of the deficiency with Mortgagee. Mortgagor shall be responsible for the payment of all penalties and interest assessed by any municipality for any Imposition, unless same are assessed as a result of negligence of Mortgagee in making timely payment from the Accumulation Account. Mortgagor shall promptly deliver to Mortgagee all bills and notices of such Imposition. Mortgagee may pay such Imposition before or after they become due and payable but, in any event, before delinquency. This Section does not affect any right or remedy of Mortgagee under any provisions of this Mortgage or of any statute or rule of law to pay any such amount and to add the amount so paid, together with interest at the Involuntary Rate, to the indebtedness secured by this Mortgage, as more fully described in this Mortgage. Upon the occurrence of an Event of Default, Mortgagee may, at its option and without notice t...
Escrow Requirements. With respect to the Mortgage Loans the Prior Servicer shall pay all hazard and flood insurance premiums which become due prior to and within thirty (30) days following the Transfer Date, and all real estate taxes for which the economic loss date is prior to or within thirty (30) days following the Transfer Date, assuming the bills are available for payment, and shall indemnify the Servicer against any tax penalties incurred prior to the Transfer Date or uninsured losses due to the non-payment of premiums or policy cancellation. The Participating Servicer shall cooperate with the Servicer to assign and or transfer real estate tax service contracts and flood insurance tracking contracts to the Servicer at the Servicer's direction. The Prior Servicer shall mail short-year escrow analysis histories to all Mortgagors within sixty (60) days after the Transfer Date. HAZARD INSURANCE As of the Transfer Date the Prior Servicer shall cancel any Force Placed coverage in effect. The Participating Servicer shall provide a properly documented file for each Mortgage Loan with an insurance loss draft, including the date, cause, and amount of the loss, amount of insurance proceeds received to date, conversations with or information received from contractors, correspondence to or from insurance companies and or Mortgagor, status of the repairs, inspection reports, a report of expected future proceeds, and a detailed listing of all funds received and disbursed. With respect to the Mortgage Loans, the Prior Servicer shall transmit to the applicable insurance companies or agents, notification of the transfer of the servicing to the Servicer and instructions to deliver all notices and insurance statements, as the case may be, to the Servicer from and after the Transfer Date. Such notices shall specify the new mortgagee clause. The Prior Servicer shall provide the Servicer with copies of the all such notices or shall provide an Officer's Certification that such notices were produced and transmitted as specified herein. The new mortgagee clause applicable to hazard, flood, and miscellaneous (i.e., earthquake, mine, etc.) will read as follows: America's Servicing Company Its successors and or assigns as their interest may appear X.X. Xxx 0000 Xxxxxxxxxxx, XX 00000-0000
Escrow Requirements. 4.5 Upon Listing the Principals and Related Persons of the Resulting Issuer will enter into an escrow agreement with TAI and its transfer agent pursuant to the Escrow Requirements to escrow all TAI Common Shares held by them as of the date of Listing on the CSE.
Escrow Requirements. The Parties acknowledge that the TSX-V will require some or all of the Blackstone securities issued pursuant to the Transaction (including the Merger), to be held in escrow pursuant to the requirements of the TSX-V or Applicable Laws. The Parties further acknowledge that these escrowed Blackstone securities will be held in escrow pursuant to a TSX-V Policies and released, over time, as determined by the TSX-V. The Parties agree that the terms of the escrow will be negotiated by counsel for Lattice, counsel for Blackstone, and the TSX-V, and the Parties agree to take all commercially reasonable action necessary to obtain the agreement of each securityholder whose Blackstone securities are required to be placed in escrow, to comply with the requirements of this Section.
Escrow Requirements. (1) To ensure adequate performance, and for the benefit of the Government, the Government insists upon adequate performance of the (software application(s) name(s) to be inserted on a Task Order by Task Order basis) and requires procedures to ensure that its current and future operations are successful and as free from operating errors as possible. The Contractor shall assign a copy of the source code material to an independent Contractor for all software that is either proposed for delivery or delivered under this contract, or both, unless such has already been provided directly to the Government as customer source code software. The Contractor shall ensure that its subcontractors, by way of flow-down provisions or otherwise, are informed of this requirement and shall comply with these terms.
Escrow Requirements. In order to facilitate any distribution of Shares by the Corporation, the Shareholders will comply with any regulatory requirements to place Shares owned by them in escrow [provided that Shareholders will be afforded a reasonable opportunity to make submissions orally and in writing to the regulatory authorities who propose to impose the escrow requirements before their imposition].
Escrow Requirements. Within thirty (30) days after the Agreement Date, the parties shall execute an escrow agreement, similar in form and substance to the escrow agreement executed in conjunction with the 1993 Agreement and 1994 Agreement and with the same escrow agent, so that all materials related to the Mayo Clinic Family Healthbook CD ROM, and all future versions thereof published by IVI, will be deposited in escrow by IVI on a regular basis. Mayo shall pay all expenses of the escrow agent related to the establishment and maintenance of such escrow.
Escrow Requirements. Notwithstanding anything to the contrary set forth in any Loan Document, Mortgagor shall pay to Mortgagee, at the time of each payment of a monthly installment of interest or principal under the Note, a sum equal to one-twelfth of the estimated annual amount of all Impositions, and, at Mortgagee's option following a default in the payment thereof, a sum equal to one-twelfth of the annual amount of any other recurring charges with respect to the Mortgaged Property (such as insurance premiums), so that at least one month before the due date of each such charge
