Five Dollars Sample Clauses

Five Dollars. Not later than the second Business Day before the Second Closing Date, the SCP Partnerships shall deliver to the Company a written notice that (i) identifies each Second Purchaser and (ii) states the number of Second Closing Shares and Second Closing Warrants to be purchased by each Second
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Five Dollars. At no time can the credit balance on a Touch Key button exceed the sum of Five Hundred ($500.00) Dollars.
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Five Dollars. (USD5.00) per square kilometre per annum during the Initial Exploration Period,
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Five Dollars. Payor agrees to pay interest on the unpaid principal sum from the date hereof until paid in full at a rate of 5.7% per year. All interest shall be computed on the basis of the actual number of days in the year and counting the actual number of days elapsed. Principal and all accrued and unpaid interest shall be payable in full on March 31, 1999. Payor has delivered to Payee's predecessor Micro Decisionware, Inc. a promissory note dated September 1993 in the original principal amount of $250,000 (the "Real Property Note") and another promissory note also dated September 1993 in the original principal amount of $675,000 (the "Stock Purchase Note," and collectively with the Real Property Note, the "Prior Notes"), each of which has been partially repaid. This Note represents a restructuring of the terms of the Prior Notes. This Note is issued not in payment of the debt evidenced by the Prior Notes but as evidence of the prior debt as restructured. This Note is secured by the Pledge Agreement of even date herewith (as amended from time to time, the "Pledge Agreement"). This Note is non-recourse to Payor personally to the extent set forth in the Pledge Agreement. Payor may prepay this Note in whole or in part at any time, without premium or penalty. Each prepayment shall be accompanied by payment of all interest accrued on the amount of such prepayment. Payor shall make each payment under this Note in immediately available funds, unconditionally in full without set-off, counterclaim or other defense, on the day when due. Each payment received hereunder shall be applied first to accrued interest and the balance, if any, to the principal. This Note shall bind Payor's successors and assigns. Failure of Payor to pay the Note when due or any default by Payor under the Pledge Agreement constitutes a default under this Note. The holder hereof shall be entitled upon any default under this Note to demand payment of the unpaid principal balance and all accrued interest thereon by written notice to Payor. Payor agrees to pay any and all collection costs and reasonable attorney's fees incurred by Payee in connection herewith. Except as expressly provided in this Note, Payor waives presentment, protest, notice of every kind including demand, intent to accelerate maturity, and acceleration of maturity, set-offs and counterclaims and expressly agrees that this Note, or any payment thereunder, may be extended from time to time without in any way affecting the liability of the P...
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Related to Five Dollars

  • Sixty (60) days shall have expired after the appointment, without the consent or acquiescence of Borrower, of any trustee, receiver or liquidator of Borrower or of all or any substantial part of the properties of Borrower without such appointment being vacated; or

  • Dollars The term “

  • million The foregoing provisions will not prohibit (a) the payment of any dividend within 60 days after the date of declaration thereof, if at said date of declaration such payment would have complied with the provisions of this Indenture, the Series A/B Indenture, the Series D Indenture and the Series F Indenture; (b) the redemption, repurchase, retirement, defeasance or other acquisition of any subordinated Indebtedness or Equity Interests of the Company in exchange for, or out of the net cash proceeds of the substantially concurrent sale (other than to a Subsidiary of the Company) of, other Equity Interests of the Company (other than any Disqualified Stock), provided that the amount of any such net cash proceeds that are utilized for any such redemption, repurchase, retirement, defeasance or other acquisition shall be excluded from clause (iii)(B) of the preceding paragraph; (c) the defeasance, redemption, repurchase, retirement or other acquisition of subordinated Indebtedness with the net cash proceeds from an incurrence of, or in exchange for, Permitted Refinancing Indebtedness; (d) the payment of any dividend or distribution by a Restricted Subsidiary of the Company to the to the Company or any Wholly Owned Restricted Subsidiary; (e) so long as no Default or Event of Default shall have occurred and be continuing, the repurchase, redemption or other acquisition or retirement for value of any Equity Interests of the Company held by any employee of the Company's or any of its Restricted Subsidiaries, provided that the aggregate price paid for all such repurchased, redeemed, acquired or retired Equity Interests shall not exceed $500,000 in any calendar year; and (f) the acquisition of Equity Interests of the Company in connection with the exercise of stock options or stock appreciation rights by way of cashless exercise or in connection with the satisfaction of withholding tax obligations. The Board of Directors may designate any Restricted Subsidiary to be an Unrestricted Subsidiary if such designation would not cause a Default. For purposes of making such determination, all outstanding Investments by the Company and its Restricted Subsidiaries (except to the extent repaid in cash) in the Subsidiary so designated shall be deemed to be Restricted Payments at the time of such designation. All such outstanding Investments will be deemed to constitute Investments in an amount equal to the greater of (a) the net book value of such Investments at the time of such designation and (b) the fair market value of such Investments at the time of such designation. Such designation shall only be permitted if such Restricted Payment would be permitted at such time and if such Restricted Subsidiary otherwise meets the definition of an Unrestricted Subsidiary. The Board of Directors of the Company may at any time designate any Unrestricted Subsidiary to be a Restricted Subsidiary, provided that such designation shall be deemed to be an incurrence of Indebtedness by a Restricted Subsidiary of the Company of any outstanding Indebtedness of such Unrestricted Subsidiary and such designation shall only be permitted if (a) such Indebtedness is permitted under Section 4.09 hereof, calculated on a pro forma basis as if such designation had occurred at the beginning of the four-quarter reference period, and (b) no Default or Event of Default would be in existence following such designation. Any designation of a Subsidiary as an Unrestricted Subsidiary shall be evidenced to the Trustee by filing with the Trustee a certified copy of a resolution of the Board of Directors giving effect to such designation and an Officers' Certificate certifying that such designation complied with the terms of the definition of Unrestricted Subsidiary set forth in this Indenture and with this Section 4.07. The amount of all Restricted Payments (other than cash) shall be the fair market value on the date of the Restricted Payment of the asset(s) or securities proposed to be transferred or issued by the Company or such Restricted Subsidiary, as the case may be, pursuant to the Restricted Payment. The fair market value of any non-cash Restricted Payment shall be determined in the manner contemplated by the definition of the term "fair market value," and the results of such determination shall be evidenced by an Officers' Certificate delivered to the Trustee. Not later than the date of making any Restricted Payment, the Company shall deliver to the Trustee an Officers' Certificate stating that such Restricted Payment is permitted and setting forth the basis upon which the calculations required by this Section 4.07 were computed.

  • Five (5%) percent of the total fee upon 100% completion of Phase IV.

  • Thirty (30) days after the employee begins his/her employment in a bargaining unit position, unless the employee previously served in a bargaining unit position and continued in the employ of the Board in a non-bargaining unit position or was on layoff, in which event the deductions will begin with the first paycheck paid ten (10) days after the resumption of the employee's employment in a bargaining unit position, whichever is later.

  • Payment in Singapore dollars You must pay us all sums due under this agreement in Singapore dollars. If we receive a payment in a currency other than Singapore dollars, we will convert it to Singapore dollars at such time and rate of exchange as we may in our reasonable discretion adopt in accordance with our usual practice. You must bear all exchange risks, and reasonably incurred losses, commission, fees and charges which may thereby arise.

  • SEVEN (a) This Agreement shall not in any way be construed as an admission by the Company that it has acted wrongfully with respect to you or any other person, or that you have any rights whatsoever against the Company, and the Company specifically disclaims any liability to or wrongful acts against you or any other person, on the part of itself, its employees or its agents. This Agreement shall not in any way be construed as an admission by you that you have acted wrongfully with respect to the Company, or that you failed to perform your duties or negligently performed or breached your duties, or that the Company had good cause to terminate your employment.

  • billion The Adviser may terminate this voluntary waiver at any time upon notice to the Trust.

  • Four weeks accrual - Employees shall accrue four weeks of vacation annually after the completion of 286 full-time biweekly pay periods (11 years) of continuous employment and until completion of 520 full-time biweekly pay periods (20 years) of continuous employment, up to a maximum balance of eight weeks.

  • U.S. Dollars All amounts expressed in this Agreement and all payments required by this Agreement are in United States dollars.

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