FINANCIAL AND BANKING RELATED MEASURES Sample Clauses

FINANCIAL AND BANKING RELATED MEASURES. 4.1 The reorganization of K-Tron (Switzerland) Ltd. is considered to be complete when a debt-to-equity ration of 60:40 has been attained. Acceptable proof that the reorganization has been completed is the submission to the leading bank of an audited semi-annual financial report of K-Tron (Switzerland) Ltd. that shows the aforementioned ratio. Xxx xxxxxx xx X-Xxxx (Xxxxxxxxxxx) Xxx. against the American K-Tron companies that have arisen before the signing of this forbearance agreement shall be settled by the latter by March 1, 1996. In addition, deliveries of K-Tron (Switzerland) Ltd. to the American K-Tron companies will be made only against prepayment (or against letter or credit).
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Related to FINANCIAL AND BANKING RELATED MEASURES

  • Banking Relations Set forth in EXHIBIT 2.26 is a complete and accurate list of all arrangements that Company has with any bank or other financial institution, indicating with respect to each relationship the type of arrangement maintained (such as checking account, borrowing arrangements, safe deposit box, etc.) and the person or persons authorized in respect thereof.

  • Banking Relationships Schedule 3.22 shows the names and locations of all banks, trust companies and other financial institutions in which the Company has accounts, lines of credit or safety deposit boxes and, with respect to each account, line of credit or safety deposit box, the names of all Persons authorized to draw thereon or to have access thereto.

  • Mortgage Banking Business Except as has not had and would not reasonably be expected to have a Material Adverse Effect:

  • Banking Relationship Borrower shall at all times maintain its primary banking relationship with Silicon.

  • Institutional and Retail Sales You authorize the Manager to sell to institutions and retail purchasers such Securities purchased by you pursuant to the Underwriting Agreement as the Manager will determine. The Selling Concession on any such sales will be credited to the accounts of the Underwriters as the Manager will determine.

  • Financial, Accounting, and Administrative Services The Manager shall maintain the existence and records of the Corporation; maintain the registrations and qualifications of Fund Shares under federal and state law; monitor the financial, accounting, and administrative functions of the Fund; maintain liaison with the various agents employed by the Corporation (including the Corporation’s transfer agent, custodian, independent accountants and legal counsel) and assist in the coordination of their activities on behalf of the Fund.

  • Continuation of Banking Business For the period commencing the first banking Business Day after Bank Closing and ending no earlier than the first anniversary of Bank Closing, the Assuming Institution will provide full service banking in the trade area of the Failed Bank. Thereafter, the Assuming Institution may cease providing such banking services in the trade area of the Failed Bank, provided the Assuming Institution has received all necessary regulatory approvals. At the option of the Assuming Institution, such banking services may be provided at any or all of the Bank Premises, or at other premises within such trade area. The trade area shall be determined by the Receiver. For the avoidance of doubt, the foregoing shall not restrict the Assuming Institution from opening, closing or selling branches upon receipt of the necessary regulatory approvals, if the Assuming Institution or its successors continue to provide banking services in the trade area. Assuming Institution will pay to the Receiver, upon the sale of a branch or branches within the year following the date of this agreement, fifty percent (50%) of any franchise premium in excess of the franchise premium paid by the Assuming Institution with respect to such branch or branches.

  • Financial and Business Information The Company shall deliver to each holder of Notes that is an Institutional Investor:

  • Financial and Tax Reporting A. Prepare management reports and Board of Trustees materials, such as unaudited financial statements and summaries of dividends and distributions.

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