Note two Sample Clauses

Note two. If an asterisk rotation that is on a pilot’s line is changed such that it is 31 scheduled to release one day after its originally scheduled release, and provided that 32 such rotation remains on such pilot’s line, such pilot will receive single pay and credit 33 for the rotation as flown, plus single pay, no credit for the last duty period of the 34 rotation.
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Note two. D. Borrower has requested and Lender has agreed to renew and modify the terms of Note Two.
Note two. If on January 1, 2014, or any succeeding January 1 thereafter, the 35 number of 50-seat aircraft in category A or C operations exceeds the maximum 36 permitted number, the Company will require carriers that engage in category A or C 37 operations to suspend or cease operations on a sufficient number of 50-seat aircraft 38 or 76-seat aircraft to comply with these requirements within 60 days and to remain 39 in compliance thereafter. The Company will be excused from compliance with the 40 provisions of this Note in the event a circumstance over which the Company does 41 not have control is the cause of such non-compliance. 42 Exception two: Up to the 36 EMB-175s that were operated and/or ordered by 43 Northwest prior to October 30, 2008 may continue to be operated with up to a 44 maximum gross takeoff weight of 89,000 pounds. 45 gf. If the number of permitted 70/76-seat aircraft has reached 223 in accordance with the 46 terms of Section 1 B. 46. e., and if the Company fleet then includes a new 100-seat 1 aircraft, the number of permitted 70/76-seat aircraft in category A or C operations 2 may increase up to a total of 248 70/76-seat aircraft, but only in accordance with the 3 following:
Note two. The addition of a new theater that affects 12 or more scheduled round trips per 24 bid period in a category will be subject to the implementation schedule under Section 11 25 K. 5. The Company and the Association will meet and confer to agree upon an 26 implementation schedule related to a significant modification of an existing theater.
Note two. No later than December 1 of each year, the Company will furnish the Association 2 with the data used to calculate Domestic and International per diem rates for the upcoming 3 calendar year.

Related to Note two

  • Convertible Notes The Convertible Notes are subject to different conversion calculations depending on the event triggering conversion as described in the Notes (e.g., an IPO or other liquidity event). For illustration purposes, assuming the optional conversion right is exercised today, based on the current capitalization and the $50,000,000 assumed valuation specified for an optional conversion in the Notes, there would be 4,705,224 additional shares issued; provided however, that each holder of Notes is subject to a maximum 9.99% ownership of the shares of capital stock of the Company at any one time. This illustration calculation does not account for the 6% interest component.

  • Convertible Note 9 Section 3.8

  • Existing Notes The term “

  • Amended and Restated Note The Note shall be amended and restated in the form attached hereto as Exhibit A (the “Amended Note”).

  • Term Notes The Term Loan made by each Lender and interest accruing thereon shall be evidenced by the records of Agent and such Lender. At the request of any Lender, Borrowers shall deliver a Term Note to such Lender.

  • Replaced Notes If a Note is replaced pursuant to Section 2.13, then such Note will cease to be outstanding at the time of its replacement, unless the Trustee and the Company receive proof reasonably satisfactory to them that such Note is held by a “bona fide purchaser” under applicable law.

  • Term Note The Term Loan shall be evidenced by the Term Note. At the time of the disbursement of the Term Loan or a repayment made in whole or in part thereon, a notation thereof shall be made on the books and records of the Bank. All amounts recorded shall be, absent demonstrable error, conclusive and binding evidence of (i) the principal amount of the Term Loan advanced hereunder, (ii) any accrued and unpaid interest owing on the Term Loan and (iii) all amounts repaid on the Term Loan. The failure to record any such amount or any error in recording such amounts shall not, however, limit or otherwise affect the joint and several obligations of the Borrowers under the Term Note to repay the principal amount of the Term Loan, together with all interest accruing thereon.

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