Maturation Sample Clauses

The Maturation clause defines the point at which certain rights, obligations, or financial instruments become fully effective or payable. In practice, this clause specifies the conditions or timeframes under which, for example, a loan must be repaid in full, an investment reaches its full value, or contractual duties are considered complete. By clearly establishing when maturation occurs, the clause provides certainty for all parties regarding when final payments or actions are due, thereby reducing ambiguity and potential disputes.
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Maturation closed canopy with tall trees.
Maturation. Purchaser agrees they are purchasing a live animal and future events related to a live animal are unpredictable. Seller does not warrant or guarantee any development of Puppy including weight, height, coat, muscle mass, internal organ development, bone development, or shape once the Puppy leaves Seller’s care.
Maturation each wine is aged individually in Allier tonneaux (5 hl) of different toasted French oak, for twenty four months. After blending, they rest again in tonneaux for another six months.
Maturation. Based on the outcome of this exercise, a narrower number of assets will be fully matured, brought to a final stage, in order to be commercially ready. This group will not exceed 1,000 assets.
Maturation. Subject to the other provisions to this Agreement, at the end of the first two months of ▇▇▇▇▇▇▇’▇ employment by Gadot, 148,558 shares shall mature. After that date, 227,778 Options shall reach maturity at the end of each calendar quarter (above and below – Maturation dates) and ▇▇▇▇▇▇▇ shall be entitled to receive them into his possession and to sell those Options in accordance with the Sale Options and after a Entitling transaction event has occurred (unless the event that occurred is in accordance with that stated in Clauses (2), (3) and (4) to the “Entitling transaction” definition), ▇▇▇▇▇▇▇ shall also be entitled to realize those options as shares. After each maturation date and after an event stipulated in Clauses (2), (3) and (4) to the “Entitling transaction” definition has occurred, ▇▇▇▇▇▇▇ shall be entitled to sell them only in accordance with the Sale Option, but shall not be able to realize those Options as shares. The Options shall be released from blockage by the Trustee and shall be transferred (as Options, as shares or as a sum of money received for the execution of their sale as stipulated below), into ▇▇▇▇▇▇▇’▇ ownership, in accordance with all that required by the blockage provisions determined in the Tax Ordinance in reference to the aforementioned periods. Notwithstanding that stated, it is hereby agreed that if and to the extent that by the end date (as such is defined below) there are changes to the identity of the holder of at least 50% of Gadot shares, then if an event such as mentioned above does occur, all the options allocated to ▇▇▇▇▇▇▇ shall reach maturity (full acceleration).

Related to Maturation

  • Contract Duration This contract shall commence with the date this contract was entered into and shall expire on August 31, 2022. No new projects may be assigned on or after the expiration date, but all projects assigned prior to the expiration date will be allowed to continue to completion with all the terms and conditions of this contract herein set forth remaining in full force and effect. The term of this contract may be extended in writing by the Commissioner.

  • Progressive Payment For Property in which there is / are outstanding progressive payment(s) due to the Developer:- a. In the event that the Purchaser shall require a loan/financing to enable the completion of the purchase herein, the Purchaser shall notify the Assignee within thirty (30) days from the date of successful sale the details of the loan/financing and the Purchaser’s Financier by providing the Assignee a copy of the letter of offer for financing and on or before the Completion Date, the Purchaser shall cause the Purchaser’s Financier to issue a letter of undertaking to pay the balance progressive payment according to the schedule of the Sale and Purchase Agreement in favour of the Developer and to release the Assignee from its original undertaking. b. In the event that the Purchaser shall not require a loan/financing to enable the completion of the purchase herein, on or before the Completion Date, the Purchaser shall procure a letter of undertaking (acceptable to the Assignee) to pay the balance progressive payment according to the schedule of the Sale and Purchase Agreement in favour of the Developer and to release the Assignee from its original undertaking. c. Any outstanding progressive payment, charges, interests and/or penalty imposed as a result of the delay in settlement of the balance progressive payment or caused by the delay in the issuance of a letter of undertaking as stated above shall be solely borne and paid by the Purchaser.

  • Unbundled Channelization (Multiplexing) 5.7.1 To the extent NewPhone is purchasing DS1 or DS3 or STS-1 Dedicated Transport pursuant to this Agreement, Unbundled Channelization (UC) provides the optional multiplexing capability that will allow a DS1 (1.544 Mbps) or DS3 (44.736 Mbps) or STS-1 (51.84 Mbps) Network Elements to be multiplexed or channelized at a BellSouth central office. Channelization can be accomplished through the use of a multiplexer or a digital cross-connect system at the discretion of BellSouth. Once UC has been installed, NewPhone may request channel activation on a channelized facility and BellSouth shall connect the requested facilities via COCIs. The COCI must be compatible with the lower capacity facility and ordered with the lower capacity facility. This service is available as defined in NECA 4. 5.7.2 BellSouth shall make available the following channelization systems and interfaces: 5.7.2.1 DS1 Channelization System: channelizes a DS1 signal into a maximum of twenty- four (24)

  • Preceptor A per diem Registered Nurse 2 may serve as a preceptor after successfully completing a preceptor workshop or equivalent documented training and agreeing to and being appointed to be specifically responsible for planning, organizing, and evaluating the new skill development of one or more RNs as appropriate enrolled in a defined orientation program, the parameters of which have been set forth in writing by the Employer. This includes teaching, clinical supervision, role modeling, feedback, evaluation (verbal and written) and follow up of the new or transferring employee. The per diem RN 2 preceptor is eligible to receive preceptor premium pay when actually engaged in preceptor role responsibilities with/on behalf of the orienting RN. A per diem RN 2 substituting for the original preceptor during a period of absence and who has been designated to carry out the preceptor's complete responsibility (including following and/or adjusting the plan to meet learning needs and providing oral and written evaluation input) will receive preceptor pay. A preceptor may be assigned to a student when it is determined by the Employer that the employee has completed the required preceptor training or has agreed to and been appointed a preceptor. The employee is specifically responsible for planning, organizing, and evaluating the new skill development of the student as appropriately enrolled in a defined program, the parameters of which have been set forth in writing by the Employer. This includes teaching, clinical supervision, role modeling, feedback, evaluation (verbal and written) and follow up of the student.

  • Methods of Interconnection The Parties will negotiate the facilities arrangement used to interconnect their respective networks. CLEC shall establish at least one (1) physical Point of Interconnection in CenturyLink territory in each LATA CLEC has local End User Customers. CLEC represents and warrants that it is serving End User Customers physically located within each local calling area for which it wishes to exchange traffic within CenturyLink territory. The Parties shall establish, through negotiations, at least one (1) of the following Interconnection arrangements, at any Technically Feasible point: (1) a DS1 or DS3 CenturyLink-provided facility; (2) Collocation; (3) negotiated Mid-Span Meet POI facilities; or (4) other Technically Feasible methods of Interconnection via the Bona Fide Request (BFR) process unless a particular arrangement has been previously provided to a third party, or is offered by CenturyLink as a product. 7.1.2.1 CenturyLink-provided Facility. Interconnection may be accomplished through the provision of a DS1 or DS3 Entrance Facility of CLEC's determination. An Entrance Facility extends from the CenturyLink Serving Wire Center to CLEC's Switch location or any Technically Feasible POI chosen by CLEC. CenturyLink-provided Entrance Facilities may not extend beyond the area served by the CenturyLink Serving Wire Center. The rates for CenturyLink-provided Entrance Facilities are provided in Exhibit A. CenturyLink's private line transport service is available as an alternative to CenturyLink-provided Entrance Facilities, when CLEC uses such private line transport service for multiple services. Entrance Facilities may not be used for Interconnection with Unbundled Network Elements. 7.1.2.2 Collocation. Interconnection may be accomplished through the Collocation arrangements offered by CenturyLink. The terms and conditions under which Collocation will be available are described in Section 8 of this Agreement. 7.1.2.2.1 Expanded Interconnection Channel Termination (EICT) provides the communication path that actually connects the physical space or in the case of virtual collocation, the designated equipment to CenturyLink's direct trunked transport and must be ordered to provision LIS to a collocation. 7.1.2.3 Mid-Span Meet POI. A Mid-Span Meet POI is a negotiated Point of Interface, limited to the Interconnection of facilities between the CenturyLink Serving Wire Center location and the location of the CLEC switch or other equipment located within the area served by the CenturyLink Serving Wire Center. The actual physical Point of Interface and facilities used will be subject to negotiations between the Parties. Each Party will be responsible for its portion of the build to the Mid-Span Meet POI. The Mid-Span Meet POI will be used exclusively as an Interconnection facility and cannot be used for other purposes such as Unbundled Network Elements or Access Services.