Liberty IFE Put Sample Clauses

Liberty IFE Put. Upon the occurrence of both of the events described in clauses (x) and (y) of this Section 2 (a) prior to January 5, 2010: (x) the death of both M.G. Xxxxxxxxx xxx Timoxxx X. Xxxxxxxxx xx, alternatively, the disassociation of both of them from the management and governance of both CBN and the Corporation and (y) the holding of Voting Power over at least a majority of the outstanding shares of Class A Stock on the date of determination by either CBN or the heirs of Timoxxx X. Xxxxxxxxx (xxe "Heirs"), then Liberty IFE may, at its option, require, subject to clause (vi) below, the purchase of all of the Covered Securities held by it on June 30, 1995 (including any Class B Stock or Class C Stock into which any of such Covered Securities may be converted, and any securities that may hereafter be issued with respect to such Covered Securities) by CBN or the Heirs, as the case may be, at the Fair Market value of such Covered Securities on the following terms (the "Put Option"):
AutoNDA by SimpleDocs

Related to Liberty IFE Put

  • Real Property Holding Company The Company is not a real property holding company within the meaning of Section 897 of the Code.

  • Flood Service Contract Each Mortgage Loan is covered by a paid in full, life of loan, flood service contract issued by either First American Flood Data Services or Fidelity, and such contract is transferable. If no such flood service contract is in place, or if such flood service contract is issued by an insurer other than First American Flood Data Services or Fidelity, then on the related Closing Date, the Seller shall remit to the Purchaser a placement fee of ten dollars ($10.00) for each such Mortgage Loan;

  • Real Property Holding Corporation The Company is not and has never been a U.S. real property holding corporation within the meaning of Section 897 of the Internal Revenue Code of 1986, as amended, and the Company shall so certify upon Purchaser’s request.

  • Notice to Purchaser Borrower authorizes any of Agent, Lockbox Agent or Servicing Agent (but none of Agent, Lockbox Agent nor Servicing Agent shall be obligated) to communicate at any time and from time to time with any Purchaser or any other Person primarily or secondarily liable under a Pledged Note Receivable with regard to the Lien of Agent thereon and any other matter relating thereto, and by no later than the Closing Date, Borrower shall deliver to Agent a notification to the Purchasers executed in blank by Borrower and in form acceptable to Agent, pursuant to which the Purchasers (or other obligors) may be directed to remit all payments in respect of the Collateral as Agent may require.

  • Mission Block Fuel The block fuel for a stage length of 2,050 nautical miles in still air (representative of a route with a 4.4 hour flight time from a sea level airport) with a zero fuel weight of 154,221 kilograms, using the conditions and operating rules defined below, shall not be more than the following guarantee value: NOMINAL: [*] Kilograms TOLERANCE: [*] Kilograms GUARANTEE: [*] Kilograms Conditions and operating rules:

  • Merger Sale Conveyance and Lease Section 10.01. Issuer May Consolidate on Certain Terms 44 Section 10.02. Issuer Successor to Be Substituted 44 Section 10.03. Guarantor May Consolidate on Certain Terms 44 Section 10.04. Guarantor Successor to Be Substituted 45 Section 10.05. Assumption by Guarantor 45

  • U.S. Real Property Holding Corporation The Company is not and has never been a U.S. real property holding corporation within the meaning of Section 897 of the Internal Revenue Code of 1986, as amended, and the Company shall so certify upon Purchaser’s request.

  • Tax Service Contract; Flood Certification Contract Each Mortgage Loan is covered by a paid in full, life of loan, tax service contract and a paid in full, life of loan, flood certification contract and each of these contracts is assignable to the Purchaser;

  • Consolidation Merger Sale Conveyance and Lease SECTION 10.01. Company May Consolidate, etc.,

  • Complete Portfolio Holdings From Shareholder Reports Containing a Summary Schedule of Investments; and

Time is Money Join Law Insider Premium to draft better contracts faster.