Reversion of Restrictive Provisions Sample Clauses

Reversion of Restrictive Provisions. Upon the expiration or termination of the Suspension Period, each of the Restrictive Provisions shall be calculated and tested and the Parent Borrower and each Subsidiary shall be required to comply with each Restrictive Provision. DocID \\DC - 036150/000014 - 15261895 v6 [Remainder of page intentionally left blank.]
Sample 1
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Reversion of Restrictive Provisions. Upon the expiration or termination of the Suspension Period, each of the Restrictive Provisions shall be calculated and tested and the Parent Borrower and each Subsidiary shall be required to comply with each Restrictive Provision. Exhibit B EXHIBIT J TO THE CREDIT AGREEMENT [See attached] EXHIBIT J FORM OF SUBSIDIARY BORROWER JOINDER AGREEMENT SUBSIDIARY BORROWER JOINDER AGREEMENT, dated as of , , (this “Subsidiary Borrower Joinder Agreement”) made by each Subsidiary signatory hereto (each, a “Subsidiary Borrower”), in favor of JPMORGAN CHASE BANK, N.A., as administrative agent (in such capacity, the “Administrative Agent”) for the several banks and other financial institutions (the “Lenders”) from time to time parties to the Second Amended and Restated Credit Agreement dated as of January 10, 2017 (as amended by the First Amendment, dated as of [ ], 2017, and as further amended, modified and supplemented, or otherwise modified, renewed or replaced from time to time, the “Credit Agreement”), among Colony Capital Operating Company, LLC (the “Parent Borrower”), any other Subsidiary Borrowers from time to time parties thereto (together with the Parent Borrower, the “Borrowers”), the Lenders party thereto, the Documentation Agent and Syndication Agent named therein and the Administrative Agent. Unless otherwise defined herein, capitalized terms are used herein as defined in the Credit Agreement.
Sample 1
Reversion of Restrictive Provisions. Upon the expiration or termination of the Suspension Period, each of the Restrictive Provisions shall be calculated and tested and the Borrower and each Subsidiary shall be required to comply with each Restrictive Provision. 110 COLONY CAPITAL OPERATING COMPANY, LLC, as the Borrower, By: /s/ Xxxx X. Xxxxxxxx Name: Xxxx X. Xxxxxxxx Title: Vice President JPMORGAN CHASE BANK, N.A., as the Administrative Agent and a Lender, By: /s/ Xxxxxxx Xxxxxx Name: Xxxxxxx Xxxxxx Title: Vice President BANK OF AMERICA, N.A., as a Lender, By: /s/ Xxxxxx Xxxx Name: Xxxxxx Xxxx Title: Vice President Barclays Bank PLC, as a Lender, By: /s/ Xxxxxxxxxxx Xxxxxx Name: Xxxxxxxxxxx Xxxxxx Title: Assistant Vice President Xxxxxx Xxxxxxx Senior Funding, Inc., as a Lender, By: /s/ Xxxxxxx Xxxx Name: Xxxxxxx Xxxx Title: Vice President CITIBANK, N.A., as a Lender, By: /s/ Xxxx X. Xxxxxxx Name: Xxxx X. Xxxxxxx Title: Vice President CREDIT SUISSE AG, Cayman Islands Branch, as a Lender, By: /s/ Xxxxxxx X’Xxxx Name: Xxxxxxx X’Xxxx Title: Authorized Signatory By: /s/ Xxxxx Xxxxxxxxxx Name: Xxxxx Xxxxxxxxxx Title: Authorized Signatory DEUTSCHE BANK AG NEW YORK BRANCH, as a Lender, By: /s/ Xxxxxx Xxxxxxx Name: Xxxxxx Xxxxxxx Title: Vice President By: /s/ Xxxxxx Xxxxxxxxx Name: Xxxxxx Xxxxxxxxx Title: Vice President CIT Bank, N.A., as a Lender, By: /s/ Xxxxx Xxxxxxxx Name: Xxxxx Xxxxxxxx Title: Managing Director XXXXX XXX COMMERCIAL BANK, LTD., NEW YORK BRANCH, as a Lender, By: /s/ Xxxx, S.C. Xxxx Name: Xxxx, S.C. Yang Title: V.P. & General Manager First Commercial Bank, Ltd., A Republic of China Bank Acting Through Its Los Angeles Branch, as a Lender, By: /s/ Yuan-Gan Ju Name: Yuan-Gan Ju Title: Senior Vice President & General Manager [Second Amended and Restated Credit Agreement Signature Page] Taiwan Business Bank, Los Angeles branch, as a Lender, By: /s/ Xxx Xxxx Name: Xxx Xxxx Title: General Manager UBS AG, Stamford Branch, as a Lender, By: /s/ Xxxxx Xxxxxxx Name: Xxxxx Xxxxxxx Title: Associate Director By: /s/ Xxxxxxx Xxxxx Name: Xxxxxxx Xxxxx Title: Director SCHEDULE 1.1A Commitments LENDER REVOLVING COMMITMENT L/C COMMITMENT JPMorgan Chase Bank, N.A. $ 150,000,000 $ 37,500,000 Bank of America, N.A. $ 150,000,000 $ 37,500,000 Barclays Bank PLC $ 135,000,000 — Xxxxxx Xxxxxxx Senior Funding, Inc. $ 115,000,000 — Citibank, N.A. $ 100,000,000 — Credit Suisse AG, Cayman Islands Branch $ 100,000,000 — Deutsche Bank AG New York Branch $ 100,000,000 — UBS AG $ 60,000,000 — CIT Bank, N.A. $ 40,000,0...
Sample 1

Related to Reversion of Restrictive Provisions

  • Termination of Restrictions Except as set forth in Section 9.3 hereof, the restrictions imposed by this Section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 hereof.

  • Restrictive Provisions As consideration for the foregoing payments, Executive agrees not to challenge the enforceability of any of the restrictions contained in Sections 5, 6 or 7 of this Agreement upon or after the occurrence of a Change of Control.

  • Survival of Restrictive Covenants Employee acknowledges that the above restrictive covenants shall survive the termination of this Agreement and the termination of Employee’s employment for any reason. Employee further acknowledges that any alleged breach by the Company of any contractual, statutory or other obligation shall not excuse or terminate the obligations hereunder or otherwise preclude the Company from seeking injunctive or other relief. Rather, Employee acknowledges that such obligations are independent and separate covenants undertaken by Employee for the benefit of the Company.

  • Enforcement of Restrictive Covenants Notwithstanding any other provision of this Agreement, in the event of Employee’s actual or threatened breach of any provision of this Section 4, Employer shall be entitled to an injunction restraining Employee from such breach or threatened breach, without the requirement of posting any bond or the necessity of proof of actual damage, it being agreed that any breach or threatened breach of these restrictive covenants would cause immediate and irreparable injury to Employer and that money damages would not provide an adequate remedy to Employer. Nothing herein shall be construed as prohibiting Employer from pursuing any other equitable or legal remedies for such breach or threatened breach, including the recovery of monetary damages from Employee. The period of any restriction set forth in this Section 4 shall be extended by any period of time that Employee is or has been found to be in breach of any provision in this Section 4.

  • Release of Restrictions Upon vesting of any portion of the shares of Restricted Stock and satisfaction of any other conditions required by the Plan or pursuant to this Restricted Stock Agreement, the Company shall promptly either issue a stock certificate, without such restricted legend, for any shares of the Restricted Stock that have vested, or, if the shares are held in book entry form, the Company shall remove the notations on the book form for any shares of the Restricted Stock that have vested.

  • Breach of Restrictive Covenants Without limiting the remedies available to the Company, Employee acknowledges that a breach of any of the covenants contained in Section 10 hereof may result in material irreparable injury to the Company Group for which there is no adequate remedy at law, that it will not be possible to measure damages for such injuries precisely and that, in the event of such a breach or threat thereof, the Company shall be entitled to obtain a temporary restraining order and/or a preliminary or permanent injunction, without the necessity of proving irreparable harm or injury as a result of such breach or threatened breach of Section 10 hereof, restraining Employee from engaging in activities prohibited by Section 10 hereof or such other relief as may be required specifically to enforce any of the covenants in Section 10 hereof. Notwithstanding any other provision to the contrary, the Restricted Period shall be tolled during any period of violation of any of the covenants in Section 10 (b) or (c) hereof and during any other period required for litigation during which the Company seeks to enforce such covenants against Employee if it is ultimately determined that Employee was in breach of such covenants.

  • Certain Restrictive Covenants The Executive covenants and agrees with the Company and each Affiliate of the Company as follows:

  • License Restrictions Client agrees that it will not itself, or through any parent, subsidiary, affiliate, agent or other third party:

  • Removal of Restrictions Shares of Restricted Stock covered by each Restricted Stock grant made under the Plan shall be released from escrow as soon as practicable after the last day of the Period of Restriction. The Committee, in its discretion, may accelerate the time at which any restrictions shall lapse, and remove any restrictions. After the restrictions have lapsed, the Participant shall be entitled to have any legend or legends under Section 7.4 removed from his or her Share certificate, and the Shares shall be freely transferable by the Participant.

  • Expiration and Termination of Restrictions The restrictions imposed under Section 2 will expire on the earliest to occur of the following (the period prior to such expiration being referred to herein as the “Restricted Period”):

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