Reversion Provision Sample Clauses

Reversion Provision. The parties hereto agree that if the Seattle Acquisition is not consummated on or prior to the Applicable Acquisition Consummation Deadline, then (w) any provision in this Agreement that provides the Parent or any of its Subsidiaries (including, for the avoidance of doubt, the Borrower) additional capacity for incurrence under fixed dollar baskets under Article VI or increased dollar thresholds under Article VII, in each case, relative to the corresponding provision in the Existing Credit Agreement, shall instead be deemed to be replaced by such corresponding provision in the Existing Credit Agreement, (x) the dollar amounts set forth in (i) clause (x) of the definition of “Unrestricted Incremental First Lien Indebtedness”, (ii) the provisos to clauses (D) and (E) of Section 2.20(b), (iii) the proviso to clause (i) of the definition of “Additional Debt”, (iv) the second proviso to the definition of “Additional Term Notes”, (vi) the proviso to clause (b) of the definition of “Unrestricted Additional Term Notes”, and (v) clause (a)(1) of Section 6.01(a)(xxxii), in each case, shall be deemed to be replaced by such corresponding provision in the Existing Credit Agreement, (y) the initial aggregate principal of the Lender’s Revolving Commitments shall be $375,000,000 (with the Initial Revolving Loans and Initial Revolving Commitments reallocated by the Administrative Agent among the Revolving Lenders on a pro rata basis) and (z) (i) the LC Sublimit shall be $40,000,000 and (ii) the Swingline Sublimit shall be $20,000,000.
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Reversion Provision. Upon such repayment pursuant to subsection 8.2.12 of this Article, all releases and indemnities given by Split Lake Cree in this Article, in favour of Hydro, and the general releases and indemnities provided by Split Lake Cree in Article 15 of this Agreement, in favour of Hydro, as such releases and indemnities relate to Adverse Effects on Resources, shall be void and without further force and effect, and the provisions of the NFA related to compensation for damages arising from Adverse Effects on Resources, shall be revived in full force and effect and shall be the obligation of Hydro to perform. All other provisions and Articles of this Agreement, including, without limitation, the procedure for administering compensation claims set forth in this Article, as those apply to other Articles in this Agreement, shall remain in full force and effect without modification or amendment. The Parties contemplate and intend that Hydro shall claim and be entitled to receive, as a credit, to the extent applicable, against the claim of any Member, Split Lake Cree Based Business, or Controlled Institution, any benefits received by such claimant from the Resource Compensation Fund, and any damages paid to such claimant for Adverse Effects on Resources, pursuant to the order of the court, or the arbitrator appointed pursuant to the NFA.
Sample 1

Related to Reversion Provision

  • Termination Provisions In this Agreement:

  • No Waiver of Subordination Provisions No right of any present or future holder of any Senior Debt of the Company to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Company or by any act or failure to act, in good faith, by any such holder, or by any noncompliance by the Company with the terms, provisions and covenants of this Indenture, regardless of any knowledge thereof any such holder may have or be otherwise charged with. Without in any way limiting the generality of the foregoing paragraph, the holders of Senior Debt of the Company may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the Securities, without incurring responsibility to the Holders of the Securities and without impairing or releasing the subordination provided in this Article or the obligations hereunder of the Holders of the Securities to the holders of Senior Debt of the Company, do any one or more of the following: (i) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt of the Company, or otherwise amend or supplement in any manner Senior Debt of the Company or any instrument evidencing the same or any agreement under which Senior Debt of the Company is outstanding; (ii) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt of the Company; (iii) release any Person liable in any manner for the collection of Senior Debt of the Company; and (iv) exercise or refrain from exercising any rights against the Company and any other Person.

  • Subordination Provisions The Company covenants and agrees, and Originator and any other holder of this Company Note (collectively, Originator and any such other holder are called the “Holder”), by its acceptance of this Company Note, likewise covenants and agrees on behalf of itself and any holder of this Company Note, that the payment of the principal amount of and interest on this Company Note is hereby expressly subordinated in right of payment to the payment and performance of the Senior Interests to the extent and in the manner set forth in the following clauses of this paragraph 9:

  • Anti-Dilution Provisions The Exercise Price in effect at any time and the number and kind of securities purchasable upon the exercise of the Warrants shall be subject to adjustment from time to time upon the happening of certain events as follows:

  • Antidilution Provisions During the Exercise Period, the Exercise Price and the number of Warrant Shares shall be subject to adjustment from time to time as provided in this Paragraph 4. In the event that any adjustment of the Exercise Price as required herein results in a fraction of a cent, such Exercise Price shall be rounded up to the nearest cent.

  • Lock-Up Provision The Employee hereby agrees that in the event of any underwritten public offering of Common Stock, including an initial public offering of Common Stock, pursuant to an effective registration statement filed under the Securities Act (whether before or after the lapse of the Forfeiture Restrictions with respect to any of the Restricted Shares), the Employee shall not effect any public sale or distribution of Common Stock or of any securities convertible into or exchangeable or exercisable for Common Stock or hedging transactions relating to Common Stock, including a sale pursuant to Rule 144 under the Securities Act, during the period beginning 14 days prior to the expected date of “pricing” of such public offering and continuing for a period not to exceed 180 days after the date of the final prospectus (or prospectus supplement if the offering is made pursuant to a “shelf” registration statement) as may be established by the underwriter(s) for such public offering (the “Lock-Up Period”); provided, however, that if (i) during the last 17 days of the initial Lock-Up Period, the Company releases earnings results or material news or a material event relating to the Company occurs or (ii) prior to the expiration of the initial Lock-Up Period, the Company announces that it will release earnings results during the 16-day period beginning on the last day of the initial Lock-Up Period, then in each case the Lock-Up Period will be extended until the expiration of the 18-day period beginning on the date of release of the earnings results or the occurrence of the material news or material event, as applicable, unless the managing underwriter(s) of such underwritten public offering waive, in writing, such extension. If and to the extent requested by the managing underwriter(s), the Employee agrees to execute an agreement to the foregoing effect with the underwriter(s) for such public offering on such terms as the managing underwriter(s) shall reasonably request (with such modification as reasonably requested by such managing underwriter(s) to take into consideration then existing rules of an applicable securities exchange regarding research analyst publications). The limitations contained in this Section 3(g) shall not apply to any shares registered in such public offering under the Securities Act.

  • Special Termination Provisions Notwithstanding the provisions of Paragraph 6 of this Agreement, this Agreement shall terminate upon the occurrence of any of the following events:

  • Other Allocation Provisions Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.03, 5.04 and 5.05 may be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Law, so long as any such amendment does not materially change the relative economic interests of the Partners.

  • Other Termination Provisions 1. We may deliver any notice instead of mailing it. Proof of mailing of any notice shall be sufficient proof of notice.

  • Invalidity of Subordination Provisions The subordination provisions of any agreement or instrument governing any Subordinated Debt is for any reason revoked or invalidated, or otherwise cease to be in full force and effect, any Person contests in any manner the validity or enforceability thereof or denies that it has any further liability or obligation thereunder, or the Indebtedness hereunder is for any reason subordinated or does not have the priority contemplated by this Agreement or such subordination provisions; or

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