Favored Nations Sample Clauses

Favored Nations. The Union agrees that if, during the life of this Agreement, it grants to any other Employer on work covered by this Agreement any better terms or conditions than those set forth in this Agreement, or any other Agreement for this scope of work, such better terms and/or conditions shall be made available to the Employer under this Agreement and the Union shall immediately notify the Employer of any such concession.

Favored Nations. So long as any Preferred Shares are outstanding, upon any issuance by Company or any of its subsidiaries of any security with any term more favorable to the holder of such security or with a term in favor of the holder of such security that was not similarly provided to Investor, then Company will notify Investor of such additional or more favorable term and such term, at Investor’s option, shall become a part of the transaction documents with Investor. The types of terms contained in another security that may be more favorable to the holder of such security include, but are not limited to, terms addressing conversion discounts, prepayment rate, conversion look back periods, interest rates, original issue discounts, stock sale price, private placement price per share, and warrant coverage.

Favored Nations. If, during its performance hereunder, Seller sells to any other customer goods of the same or similar type and quantity purchased hereunder on more favorable terms or conditions, including price, Seller shall advise Buyer, and Buyer shall have the right, at its option, to have such more favorable terms or conditions applied to this Order and Orders thereafter.

Favored Nations. If FOUNDATION grants a non-exclusive license to others under a Licensed Patent Application or Licensed Patent, such licenses will not be granted at a royalty rate which is more favorable than the rate herein granted to LICENSEE unless such more favorable rates are extended to LICENSEE. This Favored Nations clause does not apply to license agreements which are in settlement of patent litigation.

Favored Nations. The Union reemphasizes its longstanding commitment that the ILWU will make no agreements with nonmembers of PMA which will disadvantage companies working under the agree- ments between the PMA and the ILWU ▇▇▇▇▇▇▇▇▇ Division. 70 The Employers agree to contribute to a fund each year of this Agreement an amount sufficient to provide to the 401(k) account of each registered Walking Boss/▇▇▇▇▇▇▇ a contribu- tion of $4.00 per hour for hours paid by PMA Member Com- panies for work at Walking Boss/▇▇▇▇▇▇▇ occupation codes in the previous contract year up to a maximum of 2,800 hours to those who have established a pension qualifying year. The contribution will be made to each account as soon as practicable following the end of each contract year. This fund will terminate on July 1, 2002. This is subject to the limitations imposed by Sections 401(a), (k) and (m) of the Internal Revenue Code and any oth- er applicable IRS and ERISA regulations. Foremen shall be paid at the appropriate shift and skill rates of pay in accordance with the PCWB&FA and the provisions herein. Individual side agreements between individual em- ployees or local Union officials and individual member com- panies shall be considered a Contract violation. Any disputes shall be subject to resolution through the Contract grievance machinery. The contractual recognition that walking bosses/foremen are direct supervisory representatives of the employers and that walking bosses/foremen must be available to their em- ployer as determined by their employer in accordance with Section 3.2 of the PCWB&FA shall remain unchanged. LETTERS OF UNDERSTANDING July 23, 1981 ▇▇. ▇▇▇▇▇▇▇ ▇. Nelson Chairman Walking Bosses/Foremen Negotiating Committee RE: AREA ARBITRATORS Dear ▇▇. ▇▇▇▇▇▇: During the course of the 1981 ILWU/PMA negotiations the Union raised the matter of the Area Arbitrators being required to confine themselves to the ILWU/PMA Pacific Coast Walk- ing Bosses and Foremen’s Agreement when deciding issues that arise under that Agreement. We agree, that with respect to issues involving Walking Bosses/Foremen, the authority of the Arbitrators shall be lim- ited to the application and interpretation of the Pacific Coast Walking Bosses and Foremen’s Agreement and supplements thereto. Very truly yours, ▇. ▇. ▇▇▇▇▇▇▇▇▇ cc: Area Arbitrators Coast Arbitrator 72 LETTERS OF UNDERSTANDING July 23, 1981 ▇▇. ▇▇▇▇▇▇▇ ▇. Nelson Chairman Walking Bosses/Foremen Negotiating Committee EMPLOYMENT OF WALKING ▇▇▇▇▇▇/FOREMEN A...

Favored Nations. During the period where any monies are owed to the Lender pursuant to the Note, if the Company engages in any e financing transactions with a third party investor, the Company will provide the Buyer with written notice (the “MFN Notice”) thereof promptly but in no event less than five (5) days prior to closing any financing transactions. Included with the MFN Notice shall be a copy of all documentation relating to such financing transaction and shall include, upon written request of the Buyer, any additional information related to such subsequent investment as may be reasonably requested by the Buyer. In the event the Buyer determines that the terms of the subsequent investment are preferable to the terms of the securities of the Company issued to the Buyer pursuant to the terms of this Agreement, the Buyer will notify the Company in writing. Promptly after receipt of such written notice from the Buyer, the Company agrees to amend and restate the Securities (which may include the conversion terms of the Note), to be identical to the instruments evidencing the subsequent investment. Notwithstanding the 14 foregoing, this Section 5(e) shall not apply in respect of (i) an Exempt Issuance, or (ii) an underwritten public offering of Common Stock. “Exempt Issuance” means the issuance of: (a) shares of Common Stock or options to employees, officers, consultants, advisors or directors of the Company pursuant to any stock or option plan duly adopted for such purpose by a majority of the members of the Board of Directors or a majority of the members of a committee of directors established for such purpose, and (b) securities issued pursuant to acquisitions or strategic transactions approved by a majority of the disinterested directors of the Company, provided that any such issuance shall only be to a Person which is, itself or through its subsidiaries, an operating company in a business synergistic with the business of the Company and in which the Company receives benefits in addition to the investment of funds, but shall not include a transaction in which the Company is issuing securities primarily for the purpose of raising capital or to an entity whose primary business is investing in securities.

Favored Nations. If the Union enters into any agreement with any individual Employer or group of employers performing work on any project or any agreement encompassing a geographic area covered by the terms of this Agreement and that agreement provides for more favorable wages, hours, or conditions to any other Employer, the Employers signatory hereto, after sending written notice of such intention, shall be afforded the privilege to adopt such advantageous terms and conditions for that project or geographic area. The Union will provide the AGC with a true copy of any agreement signed by any Employer that covers work recognized as field construction work that differs in any material way from the working terms and conditions or wages contained in this Agreement within five (5) calendar days of such signing.

Favored Nations. If the Union grants to any other employer, doing the same type of work covered by this Agreement in any geographical area covered by this Agreement, a contract with any wages and/or fringe benefits less favorable to the employees covered under such an agreement than any wage and fringe benefits applicable to employees covered under the instant Agreement, the Company or its successors or assigns, may at the Employer’s option, incorporate into the instant Agreement any of the wages and/or fringe benefits provided for in such other contract without regard to any geographic limitations contained in such other contract. Said incorporation of more favorable terms into the instant Agreement may be done at any time by the Employer informing the Union in writing of said incorporation, and may, at the sole discretion of the Employer, be applied to any or all of the employees covered under this Agreement regardless of geographic location.

Favored Nations. The Hotel represents that the prices, terms, warranties, and benefits specified in its proposal are comparable to or better than the Hotel's equivalent terms to any present customer.