Initially. (2) On and after the Step-Up Date.
Initially. (2) On and after the related Step-Up Date.
Initially. Seller shall contract to its contract manufacturer, based on consigned kitted materials purchased and provided by Seller, for manufacture and delivery of Product to Seller. It is mutually agreed by Buyer and Seller that the goal as part of this contract is the Seller will make every effort to convert the said consigned inventory contract manufacturing of Product to a full turnkey contract with its contract manufacturer, within one (1) year from Buyer's approval and introduction of production and delivery of Product under this contract. "Full turnkey" shall be defined as Seller contractually requiring its contract manufacturer to be fully responsible for cost and availability of required materials in support of manufacture and delivery of Product to Seller within the Seller's purchase order delivery requirements.
Initially. The conversion, amendment and restatement of the Existing Credit Agreement described in this Agreement's recitals and SECTION 1.1 are not effective until -- and no Lender is obligated to make any Advance or issue any LC until -- Agent has received each document and other item described on SCHEDULE 6.
Initially. (2) On and after the first distribution date after the first possible Optional Termination Date. Pass-Through Rate: o With respect to the Class A Certificates on any Distribution Date will be a per annum rate equal to the lesser of (i) LIBOR plus the applicable Pass-Through Margin and (ii) the related Net WAC Cap for that distribution date. o With respect to the Class X-1-IO Component on any Distribution Date will be a per annum rate equal to the excess, if any, of the Group I Net WAC Rate, over the weighted average of (1) the weighted average of the Pass-Through Rates on the Class 1-A-1 Certificates and the Class 1-A-2 Certificates (multiplied by a fraction the numerator of which is the actual number of days in the related Interest Accrual Period for such Certificates and the denominator of which is 30), weighted on the basis of their respective Certificate Principal Balances and (2) the Weighted Average Subordinate Rate, weighted by, in the case of the clause (1), the aggregate Certificate Principal Balance of the Class 1-A-1 Certificates and the Class 1-A-2 Certificates and, in the case of clause (2), the Group I Subordinate Component. The pass-through rate for the Class X-1-P Component of the Class X-1 Certificates on any Distribution Date will be a per annum rate equal to the Group I Net WAC Rate for that Distribution Date. The initial Certificate Principal Balance of the Class X-1-P Component will equal zero. The Class X-1-P Component will not be entitled to receive any distributions of interest on any Distribution Date with respect to which its component principal balance is zero. o With respect to the Class X-2-IO Component on any Distribution Date will be a per annum rate equal to the excess, if any, of the Group II Net WAC Rate, over the weighted average of (1) the weighted average of the Pass-Through Rates on the Class 2-A-1, Class 2-A-2 and Class 2-A-3 Certificates (multiplied by a fraction the numerator of which is the actual number of days in the related Interest Accrual Period for such Certificates and the denominator of which is 30), weighted on the basis of their respective Certificate Principal Balances and (2) the Weighted Average Subordinate Rate, weighted by, in the case of the clause (1), the aggregate Certificate Principal Balance of the Class 2-A-1, Class 2-A-2 and Class 2-A-3 Certificates and, in the case of clause (2), the Group II Subordinate Component. The pass-through rate for the Class X-2-P Component of the Class X-2 Certific...
Initially individuals whose homes and commercial properties had been damaged as a result of the presence of the mineral Pyrite had to take proceedings. Subsequently, Premier Guarantee, the insurance brokers in respect of the buildings, took over the actions and acted on behalf of the individual plaintiffs.
Initially. BNSF trains will run, in both directions, over the former SP's Rabbit line-- that is, from Houston, through Shreveport and Pine Bluff to Memphis and return south via the same route. This service is, hereafter, referred to as "unidirectional service." It is different than what is hereafter called "bi-directional service." That service, which will be instituted later, when UP institutes the same sort of operation. will have northbound movements over the former UP's route from Houston, through Xxxxxxxx and Little Rock to Memphis. The return, southbound movement will be over the former SP's Rabbit line-- that is, from Memphis, through Pine Bluff and Shreveport to Houston. IT IS AGREED:
Initially. Following the execution and delivery of this Agreement, for a period of time not to exceed six (6) months, Employee shall (i) serve as President of Employer and shall perform such duties and responsibilities as are consistent with that of President, and consistent with the duties and responsibilities performed by Employee while President of Silicon Valley Test & Repair, Inc., a California corporation; (ii) assist Employer with finding, hiring and educating a new President of Employer; and (iii) work a minimum of forty (40) hours per week, at least twenty-four (24) hours of which must be at Employer's principal place of business.
Initially. Tenant shall finish the Demised Premises in accordance with Tenant's Work Letter attached hereto as Exhibit B ("Tenant's Work"). After completion of Tenant's Work, Tenant shall make no alterations or changes in or to the Demised Premises (hereinafter, collectively "Tenant's Changes"), without Landlord's prior written consent provided however, such consent shall not be required in the case of (i) non-structural Tenant Changes not visible from the exterior of the Demised Premises and not affecting the integrity of the Building structure or Building systems and which can be accomplished at a total cost not to exceed $10,000; and (ii) any Tenant Change which is solely in the nature of a decorative change not visible from the exterior of the Demised Premises (i.e. painting, decorating and wall covering). Tenant shall be obligated only to notify Landlord of any such non-structural Tenant Changes costing less than $10,000 or any such decorative change prior to proceeding with such work. With respect to non-structural Tenant Changes exceeding a cost of $10,000 and not visible from the exterior of the Demised Premises, Tenant shall not make or proceed with any such Tenant Change without the prior written consent of the Landlord, which shall not be unreasonably withheld or delayed, and if Landlord shall fail to respond to Tenant's request to consent within ten (10) business days of such request, Landlord shall be deemed to have consented to such non-structural Tenant Change. Consent to requests for Tenant Changes involving the integrity of the Building structure or Building systems or which are visible from the exterior of the Demised Premises shall be given or withheld by Landlord in Landlord's sole and absolute discretion. All Tenant's Changes which shall be permitted by Landlord shall be accomplished at Tenant's expense by contractors approved in writing by Landlord. All installations, including Tenant's Initial Installations, installed in the Demised Premises at any time, either by Tenant or by Landlord on behalf of Tenant, shall, upon installation, become the property of Landlord and shall remain upon and be surrendered with the Demised Premises unless Landlord, by written notice to Tenant no later than thirty (30) days prior to the Expiration Date, elects to have them removed by Tenant, in which event the same shall be removed by Tenant at Tenant's expense prior to the Expiration Date.