PER ANNUM. (b) In the event of Executive's death or permanent and total disability (within the meaning of Section 22(e)(3) of the Internal Revenue Code of 1986, as amended and in effect and interpreted as of the date of this Agreement) at any time within the 24-month period immediately following a Change in Control and prior to any termination of Executive's employment, Executive or Executive's Successors shall be entitled to all of the benefits of Executive provided under this Agreement as if Executive had voluntarily terminated his employment with Sensormatic (but without giving effect to Section 4 hereof or to the loss of benefits upon voluntary termination under Section 6(a)(v)(A) hereof), including, without limitation, those set forth in Section 6(a)(iii) hereof.
PER ANNUM. Any deposits or other sums at any time credited by or due from the holder to any of the Borrowers, any endorser or guarantor hereof, may at all times be held and treated as collateral for the payment of this Note and any and all other liabilities (direct or indirect, absolute or contingent, sole, joint or several, secured or unsecured, due or to become due, now existing or hereafter arising) of any such maker to the holder. The holder may apply or set-off such deposits or other sums against such liabilities at any time in the case of any of the Borrowers but only with respect to matured liabilities in the case of endorsers and guarantors.
PER ANNUM. Letter Ratio of Credit Fee ----- ---------------- Less than 1.00:1 0.35% 1.00:1 or greater and less than 1.50:1 0.40% 1.50:1 or greater and less than 2.00:1 0.50% 2.00:1 or greater and less than 2.50:1 0.625% 2.50:1 or greater 0.875%
PER ANNUM. [If applicable, insert -The sinking fund for this series provides for the redemption on ............................ in each year beginning with the year and ending with the year .............. of [not less than] $......................... [("mandatory sinking fund") and not more than $........................] aggregate principal amount of Securities of this series. [Securities of this series acquired or redeemed by the Company otherwise than through [mandatory] sinking fund payments may be credited against subsequent [mandatory] sinking fund payments otherwise required to be made [in the [describe order] in which they become due].] [If the Security is subject to redemption, insert - In the event of redemption of this Security in part only, a new Security or Securities of this series and of like tenor for the unredeemed portion hereof will be issued in the name of the Holder hereof upon the cancellation hereof.] [If the Security is not an Original Issue Discount Security, insert - If an Event of Default with respect to Securities of this series shall occur and be continuing, the principal of the Securities of this series may be declared due and payable in the manner and with the effect provided in the Indenture.] [If the Security is an Original issue Discount Security, insert - If an Event of Default with respect to Securities of this series shall occur and be continuing, an amount of principal of the The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Company and the rights of the Holders of the Securities of each series to be affected under the Indenture at any time by the Company and the Trustee with the consent of the Holders of more than 50% in principal amount of the Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions permitting the Holders of specified percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in exchange here for or in lieu hereof, wh...
PER ANNUM. FIFTH: If the BORROWER becomes delinquent, the applicable variable interest rate will be that resulting from adding THREE (3) PERCENTAGE POINTS to the interest rate in force during the default period, calculated as indicated above. SIXTH: The BORROWER expressly and irrevocably authorizes the BANK to charge or debit any account or deposit it maintains with that Banking Institution or the BORROWER's account with COMMERCEBANK, N.A., identified as No. [ ], all matured amounts owed in relation to the granting of this INTEREST BEARING LOAN, extinguishing BORROWER's payment obligation for the amounts due up to the amount charged or debited by the BANK either from the BANK or from the COMMERCEBANK, N.A., without it being understood that these charges give rise to novation of its obligations. SEVENTH: The BORROWER may make special repayments of the principal due, and the total prepayment of the entire INTEREST BEARING LOAN referred to herein, only at the times when quarterly principal installments must be paid and provided it gives notice thereof to the BANK at least THIRTY (30) consecutive days in advance of the date on which such repayment or total prepayment referred to above is to be made. EIGHTH: The BANK may consider any and all of the obligations which have been assumed by the BORROWER by virtue of this document due and, therefore, payment in full shall be forthwith due and payable in any of the following events: 1) Failure to pay when due any
PER ANNUM. 2. The Addendum to the Agreement is amended to read as follows: All other terms and conditions of the Agreement remain in full force and effect. MASCOT TRUCK PARTS INC. /s/ Xxxxx Xxxxxxxx -------------------------------------- Name Xxxxx Xxxxxxxx Title President /s/ Xxxx X. Xxxx --------------------------------------- Name Xxxx X. Xxxx Title Vice President EXHIBIT 10.47 BANK OF MONTREAL AMENDMENT AGREEMENT To: BANK OF MONTREAL Commercial Banking Unit MISSISSAUGA MAIN OFFICE Amendment Number ONE Branch of Account XXX XXXXXX XXXXX PARKWAY, MISSISSAUGA, ONTARIO Date AUGUST 25TH, 1997
PER ANNUM. 2. The Addendum to the Agreement is amended to read as follows: All other terms and conditions of the Agreement remain in full force and effect. KING-O-MATIC INDUSTRIES LIMITED /s/ Xxxxxx Xxxx -------------------------------------- Name Xxxxxx Xxxx Title President /s/ Xxxx X. Xxxx --------------------------------------- Name Xxxx X. Xxxx Title Vice President
PER ANNUM from and after July 1, 1998 to and including the date of maturity thereof, payable semi-annually on the first (1st) day of April and the first (1st) day of October in each year commencing on the payment date next succeeding the date of such First Amended and Restated Note;
PER ANNUM. Escalation The per year fee escalation will be determined in accord with the provisions of section C of Attachment B, and as specified in each site specific agreement.
PER ANNUM. Per Annum" with respect to the Interest Rate will --------- mean a calendar year consisting of three hundred sixty-five (365) days.
