Section 17. Right Certificate Holder Not Deemed a Stockholder................13 Section 18. Concerning the Rights Agent......................................14 Section 19. Merger or Consolidation or Change of Name of Rights Agent........14 Section 20.
Section 17. Right Certificate Holder Not Deemed a Shareholder . . . . . . . . . . . . . . . . . . 22 Section 18. Concerning the Rights Agent . . . . . . . . . . 22 Section 19. Merger or Consolidation or Change of Name of Rights Agent . . . . . . . . . . . . . . . . . 23 Section 20.
Section 17. 15. The Seller’s liquidity (unrestricted cash, Cash Equivalents and unused portion of the Purchase Value of the Purchased Loans), as of , 20 is $ (the minimum under Section 17.15 is $6,500,000). Liquidity Unencumbered cash and cash equivalents: $ Plus Unused availability against Purchased Loans (Purchase Value—Purchase Price): $ LIQUIDITY: $
Section 17. Right Certificate Holder Not Deemed a Stockholder ...................................................... 23 Section 18. Concerning the Rights Agent ............................................................................ 23 Section 19. Merger or Consolidation of, or Change in Name of, the Rights Agent ........................................................................................... 24 Section 20.
Section 17. 15. The Seller’s liquidity (unrestricted cash, Cash Equivalents and unused portion of the Maximum Aggregate Commitments) for the month ended , 20 was $ (the minimum under Section 17.15 is $40,000,000).
Section 17. 27 A permanent employee moved into a substitute or temporary status, due to a transfer, shall be paid at 28 their regular rate of pay or the first step of the position held, whichever is greater.
Section 17. 3.1. 20 Nothing contained in this Agreement either by application or interpretation is to be construed 21 so as to in any way cause directly or indirectly the District, its Board, officers, employees, or 22 agents to grant compensation or increases thereto in excess of those permitted by law or 23 regulation unless otherwise bargained in this contract. 25 Should the Legislature appropriate additional classified compensation increases, the parties will 26 meet to discuss how such increases might be accomplished, if and when during the term of this 27 Agreement the State dollars for such are received by the District.
Section 17. Right Certificate Holder Not Deemed a Stockholder. . . . . . . . 19 Section 18.
Section 17. 12. The Seller’s Adjusted Tangible Net Worth as of is $ (the minimum under Section 17.12 is the greater of (a) $13,500,000 or (b) $20,000,000 less the amount of the receivable owing from the Parent to the Seller.) Adjusted Tangible Net Worth GAAP Net Worth $ Minus Receivables due from Affiliates $ Excluding: Loans to SIRVA Relocation Funding, LLC -$ CMSR securitization receivable -$ Minus Intangible Assets $ Minus Assets not acceptable to Buyer $ ADJUSTED TANGIBLE NET WORTH: $
Section 17. 13. The ratio of the Seller’s to Total Liabilities to Adjusted Tangible Net Worth of the Seller on a consolidated basis with their Subsidiaries, measured monthly is to 1.0 (the maximum ratio under Section 17.13 is 12.0:1.0.) Leverage Ratio Total Liabilities (excluding Qualified Subordinated Debt, but including off-balance sheet liabilities): $ Adjusted Tangible Net Worth: $ LEVERAGE RATIO: to 1.0
