RECITALS I Sample Clauses

RECITALS I. The Commission is a body politic and corporate and an instrumentality of the State of Nebraska existing pursuant to Sections 13-1301 to 13-1312, inclusive, Reissue Revised Statutes of Nebraska, as amended (the “Act”), duly activated by the City and the County pursuant to the Act for the purpose of facilitating the ownership and use of projects (as defined in the Act) for the benefit and use of the City and the County.
RECITALS I. The Company and Rei.usurer are patties to the Amended and Restated Quota Share Reinsurance Agreement. as amended (the "AR Quota Share"), which was in effect for the period from July I, 2007 through January I, 2019, by which the Company ceded and the Rei.usurer assumed fo1ty percent (40%) of Affiliate Subject Premium, as defined in the AR Quota Share, and forty percent (40%) of Ultimate Net Loss, as defined in the AR Quota Share, with respect to business classified by the Company as workers' compensation business, among other Covered Business, as defined in the AR Quota Share. 2. The Parties wish to enter into th is Commutation Agreement to provide: (a) for the re­ assumption by the Company from the Reinsurer of all reserves, including IBNR, ceded by the Company to the Reinsurerwith respect to the Reinsurer' s forty percent (40%) of Ultimate Net Loss related to: (a) all losses incurred in Accident Year 2017 and Accident Year 2018 under California workers' compensation policies issued by the Company's Affiliates, as defined in the AR Quota Share (the "Commuted California Business"); and (b) all losses incurred in Accident Year 2018 under New York workers' compensation policies issued by the Company's Affiliates (the "Commuted New York Business" and, together with the Commuted California Business, the "Commuted Business"), in exchange for the release and full discharge ofReinsurer of all of its obligations to the Company with respect to the Commuted Business. For the avoidance of doubt, the Commuted Business does not include any business (i) classified by the Company as Specialty Program or Specialty Middle-Market business or (ii) issued by a Republic Group company. A "Republic Group company" means any Company Affiliate which also is a direct or indirect subsidiary of Republic Companies, Inc.
RECITALS I. On October 2, 2000 and with the intervention of the Notary Public of Madrid Mr. Jose Enrique Cachon Blanco, the BORROWER and the GUARANTOR entered into a syndicated loan agreement with Caixa de Aforros de Vigo, Ourense e Pontevedra, Caixa D'Estalvis i Pensions de Barcelona (La Caixa), Caja de Ahorros y Monte de Piedad de Madrid (Caja Madrid) and Instituto de Credito Oficial (ICO) for an amount of 154,000,000 Euro. Subsequently, the remaining LENDING ENTITIES and Caja de Ahorros y Monte de Piedad de Navarra were incorporated into the loan agreement pursuant to: (i) an Amendment Teekay Gas III Loan [Stamp: LUIS RAMALLO GARCIA; NOTARY PUBLIC MADRID; NIHIL PRIUS FIDE] [ILLEGIBLE SIGNATURE] 3 <PAGE> SWORN TRANSLATION amendment and share assignment agreement executed before the Notary Public of Madrid Mr. Luis Ramallo Garcia on October 31, 2000 and (ii) an assignment agreement executed on December 15, 2000 before the aforementioned Notary Public Mr. Luis Ramallo Garcia. On July 2, 2004 and July 20, 2004, before the Notaries Public of Madrid Mr. Pedro de Elizalde y Aymerich and Mr. Luis Ramallo Garcia, respectively, non-extinctive amendment agreements relating to the aforementioned loan agreement were executed, pursuant to which certain aspects of such loan were amended. Finally, on February 28, 2005 a share assignment agreement was executed before the aforementioned Notary Public Mr. Luis Ramallo Garcia, pursuant to which Caja de Ahorros y Monte de Piedad de Navarra assigned the whole of its share in the loan agreement to Caixa de Aforros de Vigo, Ourense e Pontevedra (Caixanova). Hereinafter, the loan agreement and the amendments and assignments mentioned herein shall jointly be referred to as the "LOAN AGREEMENT". II. The Parties have agreed that the BORROWER may increase the franchise of the loss-of-hire insurance from 15 to 60 days and set a maximum insured period of 300 days, and the Parties have also agreed to include a series of amendments to the Loan Agreement, consisting of: (i) eliminating all references to financial ratios, as compliance with such ratios is no longer a requirement in accordance with the current wording of the Loan Agreement, (ii) eliminating the Stranding Account of the Loan Agreement, (iii) amending the operation of the Income Account and (iv) eliminating the references to the origin of the funds when funding the Reserve Account, although such conditions shall be subject to the condition subsequent provided under the Third Clause of ...
RECITALS I. The City and Redeveloper have previously entered into the City of Lincoln Redevelopment Agreement (Xxxx Xxxxxx Kitchen & Outreach Project) wherein Redeveloper agreed to purchase from the City Lot 1, X.X. Xxxxxxxxxx Addition, Lincoln, Lancaster County, Nebraska (Redevelopment Project Site) for $276,000.00 and to redevelop the Project Site by renovating the existing Carnege Library Building and constructing an additional 9,000 square foot building and parking area on the Project Site (collectively “Redevelopment Project”).
RECITALS I. Owner owns Lots 4 and 20 of Irregular Tracts, all located in the NE 1/4 of Section 3, Township 10 North, Range 6 East of the 6th P.M., Lancaster County, Nebraska, and the remaining portion of Xxx 0, Xxxxx 0, Xxxxxxxx Xxxxx, and Lot 57 of Irregular Tracts, all located in the NW 1/4 of Section 2, Township 10 North, Range 6 East of the 6th P.M., Lancaster County, Nebraska, hereinafter collectively referred to as the “Property.”
RECITALS I. The Company and the Rights Agent have heretofore executed and entered into the Rights Agreement. The Company, Alcatel Alsthom, a corporation organized under the laws of France ("Alcatel") and Net Acquisition, Inc., a Delaware corporation and wholly owned subsidiary of Alcatel ("Sub"), contemplate entering into an Agreement and Plan of Merger (the "Merger Agreement") pursuant to which, among other things, Sub will merge with and into the Company (the "Merger"). Pursuant to Section 27 of the Rights Agreement, the Company and the Rights Agent may from time to time supplement and amend the Rights Agreement in order to make any change which the Company may deem necessary or desirable and which shall be consistent with, and for the purposes of fulfilling, the objectives of the Board of Directors of the Company in adopting the Rights Agreement. The Board of Directors of the Company has determined that an amendment to the Rights Agreement as set forth herein is necessary and desirable and is consistent with the objectives of the Board of Directors of the Company in adopting the Rights Agreement, and the Company and the Rights Agent desire to evidence such amendment in writing. All acts and things necessary to make this Amendment a valid agreement, enforceable according to its terms, have been done and performed, and the execution and delivery of this Amendment by the Company and the Rights Agent have been in all respects duly authorized by the Company and the Rights Agent. Accordingly, the parties agree as follows: A. Amendment of Section 1. Section 1 of the Rights Agreement is supplemented to add the following definitions in the appropriate locations: "Merger Agreement' shall mean the Agreement and Plan of Merger, dated as of June 3, 1998, by and among DSC Communications Corporation, Alcatel Alsthom and Net Acquisition, Inc., as it may be amended from time to time." "Merger' shall have the meaning set forth in the Merger Agreement." B. Amendment of the definition of "Acquiring Person". The definition of "Acquiring Person" in Section 1(a) of the Rights Agreement is amended by adding the following sentence at the end thereof: "Notwithstanding anything in this Agreement to the contrary, Alcatel Alsthom, Net Acquisition, Inc. and their Affiliates and Associates shall not, individually or collectively, be deemed to be an Acquiring Person by virtue of (i) the execution of the Merger Agreement, (ii) the consummation of the Merger, or (iii) the consummation of the other ...
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RECITALS I. Pursuant to the terms of a certain Credit Agreement dated as of May 11, 2023 (said Credit Agreement, together with all amendments, restatements, supplements, and modifications thereof, being hereinafter referred to as the "Credit Agreement") by and among Mortgagor, certain of Xxxxxxxxx's affiliates and subsidiaries party thereto from time to time as Loan Parties (as defined in the Credit Agreement), the financial institutions party thereto from time to time as Lenders (as defined in the Credit Agreement) and JPM, as a Lender and as Agent for all Lenders, Xxxxxxx have agreed to make revolving and term loans to Mortgagor and extend other financial accommodations to Mortgagor in an aggregate principal amount not to exceed $75,000,000 (collectively, the "Loans"). The latest maturity date of the Loans is May 11, 2026. The terms and provisions of the Credit Agreement are hereby incorporated by reference in this Mortgage. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to such terms in the Credit Agreement. The rate or rates of interest payable under the Credit Agreement may vary from time to time. II. Among other things, this Mortgage is given to secure a revolving credit facility and secures not only present indebtedness but also future advances, modifications, extensions and renewals, whether such future advances, modifications, extensions and renewals are obligatory or are to be made at the option of Agent or Lenders, or otherwise. The amount of indebtedness secured hereby may increase or decrease from time to time, however the maximum principal amount of such indebtedness shall not exceed the amount of $150,000,000, plus interest thereon and other costs, amounts and disbursements as provided in this Mortgage and the other Loan Documents. III. Execution and delivery of this Mortgage is a condition precedent to the disbursement of the Delayed Draw Term Loan and of Agent and Lenders continuing to make advances available under the Credit Agreement. GRANTING CLAUSES To secure the payment of the Secured Obligations (as defined in the Credit Agreement) under the Credit Agreement, including, without limitation, the Obligations, and the payment of all amounts due under and the performance and observance of all covenants and conditions contained in this Mortgage, the Credit Agreement and the other Loan Document, Xxxxxxxxx does hereby convey, mortgage, warrant, assign, transfer, pledge and deliver to Agent. WITH THE POWER OF SAL...
RECITALS I. Úvodní ustanovení The Parties have entered into the Co-operation Agreement concerning Supply of Products on 30.1.2017 (the Agreement). Smluvní strany uzavřely dne 30.1.2017 Smlouvu o spolupráci xxx xxxxxxxxx xxxxxxx (xxxx jen „Smlouva“). This Amendment repeals, amends or supplements the provisions and/or annexes of the Agreement as follows. Tento dodatek ruší, mění nebo doplňuje ustanovení a/nebo přílohy této Smlouvy následovně.
RECITALS I. The City, pursuant to an election held on May 12, 1992, the County of Lancaster, Nebraska (hereinafter referred to as “County”), pursuant to an election held on November 3, 1992, and the Village of Xxxxxxx (hereinafter referred to as “Village”), pursuant to an election held on May 11, 2004 have been authorized, within their respective jurisdictions, to conduct keno lotteries. As authorized by Neb. Rev. Stat. § 9-625 (Reissue 1991), the City, the County and the Village have entered into agreements pursuant to the Interlocal Cooperation Act to conduct a joint lottery. As set forth in said Interlocal Agreements, authority to enter into a contract with a keno lottery operator has been delegated to the City.
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