New Section 8 Sample Clauses

New Section 8. 9 A new Section 8.9 shall be added to the Agreement which new section shall read as follows:
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New Section 8. 12. The Credit Agreement is hereby amended to add the following new section 8.12 immediately after section 8.11 as follows:
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New Section 8. 5. Immediately after Section 8.4, insert the following:
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New Section 8. The Company and the Holder desire to amend the Original Note to provide limited conversion rights to the Holder in connection with the Offering: “Conversion. The Holder, at its election, may convert $2,000,000 of the outstanding principal balance of this Note into the units of preferred stock and warrants being offered by the Company in the Offering at the price per unit being paid by the investors in such Offering.”
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New Section 8. 22. The following is hereby inserted as Section 8.22 of the Agreement:
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New Section 8. 16. A new Section 8.16 is hereby added to read as follows: "Promptly after the Closing, but in any event within sixty days following the Closing Date, Buyer shall cause SBCL to pay all amounts earned through the Closing to all of the Continued Employees in accordance with all variable compensation plans maintained by Seller or any of its Affiliates for the benefit of the Continued Employees immediately prior to the Closing including, but not limited to, those items listed in Section 3.13 of the Seller's Disclosure Schedule. In order to effect such payment, Seller shall be responsible for the administration of such bonus payments, including the preparation and distribution of any communications, the calculation of such bonus payments and shall provide Buyer a copy of all such communications and the basis for calculations. The aggregate gross amount of such payments, and other amounts accruing as a result of such payments (including payroll taxes and employer matches under the 401(k) or other plans) shall be accrued and reflected as a liability on the statement of Consolidated Tangible Net Worth of the Business as of the Closing Date."
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New Section 8. 4. A new Section 8.4 is hereby added to the LLC Agreement with the language below. “Applicability to Warrantholders. Solely for purposes of this Article VIII, the term “Unitholder” shall include all Warrantholders, each of whom shall be deemed to hold the number of Common Units receivable by such Warrantholder upon the exercise in full of all of such Warrantholder’s Warrants.”
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New Section 8. The Company and the Holder desire to amend the Original Note to secure the Company’s obligations to the Holder under the Note:
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New Section 8. The Employer shall provide to the Union a complete list of all employees covered by this Agreement upon request, but the Union may not make such a request more than twice a year unless the information is needed for processing of a specific grievance. Such information shall be transmitted electronically in a common, commercially-available spreadsheet such as Excel. The Union shall make a secure FTP site for transmittal of files to the Union available to all Employers upon request. Express Waiver of Chicago Fair Workweek Ordinance Article II-B new Section 7 The parties expressly agree that all rights, requirements, and benefits under the Chicago Fair Workweek Ordinance are hereby expressly waived. Examples of Intoxication Article 1, §6(b) Incorporating Examples of Intoxication Revise Article 1, §6(b) to incorporate the following parenthetical after the word "intoxication" in the first sentence (added language in bold):
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Related to New Section 8

  • Pursuant to Section 4 01, any amounts collected by a Servicer or the Master Servicer under any insurance policies (other than amounts to be applied to the restoration or repair of the property subject to the related Mortgage or released to the Mortgagor in accordance with the related Servicing Agreement) shall be deposited into the Distribution Account, subject to withdrawal pursuant to Section 4.03. Any cost incurred by the Master Servicer or the related Servicer in maintaining any such insurance (if the Mortgagor defaults in its obligation to do so) shall be added to the amount owing under the Mortgage Loan where the terms of the Mortgage Loan so permit; provided, however, that the addition of any such cost shall not be taken into account for purposes of calculating the distributions to be made to Certificateholders and shall be recoverable by the Master Servicer or such Servicer pursuant to Sections 4.01 and 4.03.

  • Pursuant to Section 3 03 of the Indenture Supplement, on each Distribution Date, the Indenture Trustee shall deposit into the Class A(2017-3) Interest Funding sub-Account the portion of Card Series Finance Charge Amounts allocable to the Class A(2017-3) Notes.

  • Pursuant to Section 5 10 of the Credit Agreement, each Subsidiary Loan Party of the Borrower that was not in existence or not such a Subsidiary Loan Party on the date of the Credit Agreement is required to enter into the Guarantee Agreement as Guarantor upon becoming such a Subsidiary Loan Party. Upon the execution and delivery, after the date hereof, by the Administrative Agent and such Subsidiary of an instrument in the form of Annex I hereto, such Subsidiary shall become a Guarantor hereunder with the same force and effect as if originally named as a Guarantor hereunder. The execution and delivery of any instrument adding an additional Guarantor as a party to this Agreement shall not require the consent of any Guarantor hereunder. The rights and obligations of each Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor as a party to this Agreement.

  • Pursuant to Section 6 2(a) of the Collateral Agency Agreement and subject to the conditions set forth in Section 13.1(b), the Initial Beneficiary hereby designates a portion of the Closed-End Units included in the Revolving Pool for allocation to a new Reference Pool, referred to as the "20[ ]-[ ] Reference Pool," within the Closed-End Collateral Specified Interest. Upon the effectiveness of this Exchange Note Supplement, the Initial Beneficiary shall direct the Titling Trustee and the Closed-End Collateral Agent to allocate or cause to be identified and allocated on their respective books and records the "20[ ]-[ ] Reference Pool," to be separately accounted for and held in trust independently from any other Asset Pool. Such Reference Pool shall initially include the Closed-End Units identified on Schedule 1 to this Exchange Note Supplement, which Closed-End Units shall belong exclusively to the 20[ ]-[ ] Reference Pool, and all other Titling Trust Assets to the extent related to such Closed-End Units (other than cash which does not constitute Closed-End Collections received after the Cut-Off Date, as specified in Section 13.2(a)(iii)); provided, that, any Closed-End Collections received on or prior to the Cut-Off Date for any such Closed-End Units identified on Schedule 1 shall not be allocated to the 20[ ]-[ ] Reference Pool.

  • Pursuant to Section 9 02 of the ------------ ------------------------- Existing Indenture, Section 4.09 of the Existing Indenture is hereby amended and restated in its entirety to read as follows:

  • Pursuant to Section 2 1.(b) of the Credit Agreement, the Borrower hereby requests that the Lenders make Revolving Loans to the Borrower in an aggregate principal amount equal to $ .

  • Amendment to Section 8 Section 8 of the Existing Credit Agreement is hereby amended by:

  • No Section 83(b) Election If the Recipient does not properly make the election described in paragraph 7(a) above, the Recipient shall, no later than the date or dates as of which the restrictions referred to in this Agreement hereof shall lapse, pay to the Company, or make arrangements satisfactory to the Committee for payment of, any federal, state or local taxes of any kind required by law to be withheld with respect to the Restricted Stock (including without limitation the vesting thereof), and the Company shall, to the extent permitted by law, have the right to deduct from any payment of any kind (including without limitation, the withholding of any Shares that otherwise would be distributed to the Recipient under this Agreement) otherwise due to Recipient any federal, state, or local taxes of any kind required by law to be withheld with respect to the Restricted Stock.

  • Amendment to Section 3(a) Section 3(a) of the Agreement is hereby amended and restated in its entirety to read as follows:

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