{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "issuance-of-shares", "type": "definition", "offset": [5, 23]}, {"key": "applicable-settlement-date", "type": "definition", "offset": [47, 73]}, {"key": "section-5", "type": "definition", "offset": [136, 145]}, {"key": "the-company-will", "type": "clause", "offset": [182, 198]}, {"key": "transfer-agent", "type": "definition", "offset": [218, 232]}, {"key": "shares-being-sold", "type": "clause", "offset": [265, 282]}, {"key": "the-depository-trust-company", "type": "clause", "offset": [335, 363]}, {"key": "means-of-delivery", "type": "clause", "offset": [440, 457]}, {"key": "mutually-agreed", "type": "clause", "offset": [468, 483]}, {"key": "the-parties-hereto", "type": "clause", "offset": [492, 510]}, {"key": "upon-receipt-of", "type": "definition", "offset": [516, 531]}, {"key": "in-all-cases", "type": "clause", "offset": [551, 563]}, {"key": "freely-tradable", "type": "clause", "offset": [573, 588]}, {"key": "registered-shares", "type": "definition", "offset": [604, 621]}, {"key": "good-deliverable-form", "type": "definition", "offset": [625, 646]}, {"key": "the-agent-will", "type": "clause", "offset": [648, 662]}, {"key": "transfer-of", "type": "clause", "offset": [680, 691]}, {"key": "immediately-available-funds", "type": "definition", "offset": [692, 719]}, {"key": "issuance-price", "type": "definition", "offset": [733, 747]}, {"key": "same-day-funds", "type": "clause", "offset": [751, 765]}, {"key": "by-the-company", "type": "clause", "offset": [801, 815]}, {"key": "the-settlement-date", "type": "clause", "offset": [825, 844]}, {"key": "as-principal", "type": "clause", "offset": [887, 899]}, {"key": "time-shares", "type": "clause", "offset": [940, 951]}, {"key": "sold-pursuant-to-this-agreement", "type": "clause", "offset": [956, 987]}, {"key": "time-of-sale", "type": "clause", "offset": [998, 1010]}], "size": 420, "snippet": "Each issuance of Shares will be settled on the applicable Settlement Date for such issuance of Shares and, subject to the provisions of Section 5, on or before each Settlement Date, the Company will, or will cause its transfer agent to, electronically transfer the Shares being sold by crediting the Agent or its designee\u2019s account at The Depository Trust Company through its Deposit/Withdrawal At Custodian (DWAC) System, or by such other means of delivery as may be mutually agreed upon by the parties hereto and, upon receipt of such Shares, which in all cases shall be freely tradable, transferable, registered shares in good deliverable form, the Agent will deliver, by wire transfer of immediately available funds, the related Issuance Price in same day funds delivered to an account designated by the Company prior to the Settlement Date. The Company may sell Shares to the Agent as principal at a price agreed upon at each relevant time Shares are sold pursuant to this Agreement (each, a \u201cTime of Sale\u201d).", "samples": [{"hash": "jfFUbZTBdOm", "uri": "/contracts/jfFUbZTBdOm#settlement", "label": "Open Market Sale Agreement (AtaiBeckley Inc.)", "score": 37.1834373474, "published": true}, {"hash": "5Kdc80HTtnm", "uri": "/contracts/5Kdc80HTtnm#settlement", "label": "Open Market Sale Agreement (AtaiBeckley Inc.)", "score": 37.1834373474, "published": true}, {"hash": "eapnL6ymAiq", "uri": "/contracts/eapnL6ymAiq#settlement", "label": "Open Market Sale Agreement (CVRx, Inc.)", "score": 37.0301170349, "published": true}], "hash": "07a63174744fe2e7953c4e32fbbc7628", "id": 2}, {"snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [0, 15]}, {"key": "third-party-claims", "type": "clause", "offset": [20, 38]}, {"key": "money-damages", "type": "definition", "offset": [76, 89]}, {"key": "in-connection-with", "type": "clause", "offset": [90, 108]}, {"key": "a-third-party", "type": "clause", "offset": [109, 122]}, {"key": "injunctive-or-other-relief", "type": "clause", "offset": [201, 227]}, {"key": "adversely-affecting", "type": "definition", "offset": [241, 260]}, {"key": "the-business", "type": "clause", "offset": [261, 273]}, {"key": "indemnifying-party", "type": "clause", "offset": [334, 352]}, {"key": "in-writing", "type": "definition", "offset": [376, 386]}, {"key": "obligation-to-indemnify", "type": "clause", "offset": [391, 414]}, {"key": "litigation-conditions", "type": "definition", "offset": [467, 488]}, {"key": "right-to", "type": "definition", "offset": [548, 556]}, {"key": "agree-to", "type": "clause", "offset": [557, 565]}, {"key": "any-settlement", "type": "clause", "offset": [604, 618]}, {"key": "otherwise-dispose-of", "type": "definition", "offset": [622, 642]}, {"key": "sole-discretion", "type": "clause", "offset": [702, 717]}, {"key": "other-losses", "type": "definition", "offset": [762, 774]}, {"key": "the-third-party", "type": "definition", "offset": [870, 885]}, {"key": "in-accordance-with", "type": "definition", "offset": [892, 910]}, {"key": "authority-to-agree", "type": "clause", "offset": [963, 981]}, {"key": "consent-of-the", "type": "clause", "offset": [1110, 1124]}, {"key": "consent-not-to-be-unreasonably-withheld", "type": "clause", "offset": [1149, 1188]}, {"key": "disposition-of", "type": "clause", "offset": [1285, 1299]}, {"key": "an-indemnified-party", "type": "clause", "offset": [1310, 1330]}], "size": 440, "snippet": "With respect to any Third Party Claims that relate solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party\u2019s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will have the sole right to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i), the indemnifying Party will have authority to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such consent not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.", "samples": [{"hash": "hv9EgobeV11", "uri": "/contracts/hv9EgobeV11#settlement", "label": "License Agreement (2seventy Bio, Inc.)", "score": 32.6878852844, "published": true}, {"hash": "8AZUJNO5AgM", "uri": "/contracts/8AZUJNO5AgM#settlement", "label": "License Agreement (2seventy Bio, Inc.)", "score": 32.6878852844, "published": true}, {"hash": "fDNXtStJlkv", "uri": "/contracts/fDNXtStJlkv#settlement", "label": "License Agreement (Bluebird Bio, Inc.)", "score": 32.603012085, "published": true}], "hash": "9cdcaa39b5d4639b26c117ce4c418c52", "id": 1}, {"snippet_links": [{"key": "it-is-agreed-that", "type": "clause", "offset": [0, 17]}, {"key": "each-lender", "type": "clause", "offset": [18, 29]}, {"key": "funded-portion", "type": "definition", "offset": [32, 46]}, {"key": "the-advances", "type": "clause", "offset": [50, 62]}, {"key": "by-the-lenders", "type": "clause", "offset": [75, 89]}, {"key": "at-all-times", "type": "definition", "offset": [100, 112]}, {"key": "pro-rata-share", "type": "definition", "offset": [128, 142]}, {"key": "outstanding-advances", "type": "clause", "offset": [150, 170]}, {"key": "swing-lender", "type": "definition", "offset": [211, 223]}, {"key": "other-lenders", "type": "definition", "offset": [233, 246]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [283, 301]}, {"key": "in-order-to", "type": "clause", "offset": [317, 328]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [367, 405]}, {"key": "the-swing-loans", "type": "clause", "offset": [456, 471]}, {"key": "protective-advances", "type": "clause", "offset": [481, 500]}, {"key": "periodic-basis", "type": "definition", "offset": [523, 537]}, {"key": "in-accordance-with", "type": "definition", "offset": [538, 556]}, {"key": "agent-shall", "type": "definition", "offset": [587, 598]}, {"key": "weekly-basis", "type": "definition", "offset": [655, 667]}, {"key": "by-agent", "type": "clause", "offset": [714, 722]}, {"key": "on-behalf-of", "type": "clause", "offset": [727, 739]}, {"key": "with-respect-to-borrower", "type": "clause", "offset": [876, 900]}, {"key": "payments-received", "type": "clause", "offset": [939, 956]}, {"key": "form-of", "type": "clause", "offset": [1035, 1042]}, {"key": "california-time", "type": "clause", "offset": [1112, 1127]}, {"key": "business-day", "type": "definition", "offset": [1136, 1148]}, {"key": "prior-to-the", "type": "clause", "offset": [1161, 1173]}, {"key": "date-of", "type": "clause", "offset": [1174, 1181]}, {"key": "a-settlement", "type": "clause", "offset": [1292, 1304]}, {"key": "statement-of", "type": "clause", "offset": [1334, 1346]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [1479, 1503]}, {"key": "a-lender", "type": "definition", "offset": [1561, 1569]}, {"key": "balance-of-the", "type": "clause", "offset": [1572, 1586]}, {"key": "the-settlement-date", "type": "clause", "offset": [1837, 1856]}, {"key": "transfer-in", "type": "definition", "offset": [1858, 1869]}, {"key": "immediately-available-funds", "type": "definition", "offset": [1870, 1897]}, {"key": "deposit-account", "type": "definition", "offset": [1903, 1918]}, {"key": "lender-may", "type": "definition", "offset": [1943, 1953]}, {"key": "upon-receipt-of", "type": "definition", "offset": [2010, 2025]}, {"key": "the-agent", "type": "clause", "offset": [2507, 2516]}, {"key": "transfer-of", "type": "clause", "offset": [2577, 2588]}, {"key": "available-to", "type": "definition", "offset": [2736, 2748]}, {"key": "under-clause", "type": "clause", "offset": [2755, 2767]}, {"key": "the-applicable", "type": "clause", "offset": [2850, 2864]}, {"key": "to-the-extent", "type": "clause", "offset": [3175, 3188]}, {"key": "required-by", "type": "definition", "offset": [3189, 3200]}, {"key": "on-demand", "type": "clause", "offset": [3282, 3291]}, {"key": "with-interest", "type": "definition", "offset": [3318, 3331]}, {"key": "defaulting-lender-rate", "type": "definition", "offset": [3347, 3369]}, {"key": "equal-to", "type": "definition", "offset": [3486, 3494]}, {"key": "the-relevant", "type": "clause", "offset": [3644, 3656]}, {"key": "payments-actually-received", "type": "definition", "offset": [3706, 3732]}, {"key": "funds-by", "type": "definition", "offset": [3741, 3749]}, {"key": "fees-payable-by-borrower", "type": "clause", "offset": [3793, 3817]}, {"key": "proceeds-of-collateral", "type": "clause", "offset": [3862, 3884]}, {"key": "between-settlement-dates", "type": "clause", "offset": [3892, 3916]}, {"key": "received-by", "type": "definition", "offset": [4073, 4084]}, {"key": "terms-of-this-agreement", "type": "clause", "offset": [4120, 4143]}, {"key": "reduction-of", "type": "clause", "offset": [4168, 4180]}, {"key": "any-settlement", "type": "clause", "offset": [4611, 4625]}, {"key": "payments-of", "type": "definition", "offset": [4647, 4658]}, {"key": "pay-to", "type": "definition", "offset": [4905, 4911]}, {"key": "the-accounts", "type": "clause", "offset": [4922, 4934]}, {"key": "during-the-period", "type": "clause", "offset": [5184, 5201]}, {"key": "effect-of-agreements", "type": "clause", "offset": [5345, 5365]}, {"key": "applicable-rate", "type": "definition", "offset": [5518, 5533]}, {"key": "employed-by", "type": "definition", "offset": [5601, 5612]}], "size": 302, "snippet": "It is agreed that each Lender\u2019s funded portion of the Advances is intended by the Lenders to equal, at all times, such Lender\u2019s Pro Rata Share of the outstanding Advances. Such agreement notwithstanding, Agent, Swing Lender, and the other Lenders agree (which agreement shall not be for the benefit of Borrower) that in order to facilitate the administration of this Agreement and the other Loan Documents, settlement among the Lenders as to the Advances, the Swing Loans, and the Protective Advances shall take place on a periodic basis in accordance with the following provisions:\n(i) Agent shall request settlement (\u201cSettlement\u201d) with the Lenders on a weekly basis, or on a more frequent basis if so determined by Agent (1) on behalf of Swing Lender, with respect to the outstanding Swing Loans, (2) for itself, with respect to the outstanding Protective Advances, and (3) with respect to Borrower\u2019s or its Subsidiaries\u2019 Collections or payments received, as to each by notifying the Lenders by telecopy, telephone, or other similar form of transmission, of such requested Settlement, no later than 2:00 p.m. (California time) on the Business Day immediately prior to the date of such requested Settlement (the date of such requested Settlement being the \u201cSettlement Date\u201d). Such notice of a Settlement Date shall include a summary statement of the amount of outstanding Advances, Swing Loans, and Protective Advances for the period since the prior Settlement Date. Subject to the terms and conditions contained herein (including Section 2.3(c)(iii)): (y) if a Lender\u2019s balance of the Advances (including Swing Loans and Protective Advances) exceeds such Lender\u2019s Pro Rata Share of the Advances (including Swing Loans and Protective Advances) as of a Settlement Date, then Agent shall, by no later than 12:00 p.m. (California time) on the Settlement Date, transfer in immediately available funds to a Deposit Account of such Lender (as such Lender may designate), an amount such that each such Lender shall, upon receipt of such amount, have as of the Settlement Date, its Pro Rata Share of the Advances (including Swing Loans and Protective Advances), and (z) if a Lender\u2019s balance of the Advances (including Swing Loans and Protective Advances) is less than such Lender\u2019s Pro Rata Share of the Advances (including Swing Loans and Protective Advances) as of a Settlement Date, such Lender shall no later than 12:00 p.m. (California time) on the Settlement Date transfer in immediately available funds to the Agent\u2019s Account, an amount such that each such Lender shall, upon transfer of such amount, have as of the Settlement Date, its Pro Rata Share of the Advances (including Swing Loans and Protective Advances). Such amounts made available to Agent under clause (z) of the immediately preceding sentence shall be applied against the amounts of the applicable Swing Loans or Protective Advances and, together with the portion of such Swing Loans or Protective Advances representing Swing Lender\u2019s Pro Rata Share thereof, shall constitute Advances of such Lenders. If any such amount is not made available to Agent by any Lender on the Settlement Date applicable thereto to the extent required by the terms hereof, Agent shall be entitled to recover for its account such amount on demand from such Lender together with interest thereon at the Defaulting Lender Rate.\n(ii) In determining whether a Lender\u2019s balance of the Advances, Swing Loans, and Protective Advances is less than, equal to, or greater than such Lender\u2019s Pro Rata Share of the Advances, Swing Loans, and Protective Advances as of a Settlement Date, Agent shall, as part of the relevant Settlement, apply to such balance the portion of payments actually received in good funds by Agent with respect to principal, interest, fees payable by Borrower and allocable to the Lenders hereunder, and proceeds of Collateral.\n(iii) Between Settlement Dates, Agent, to the extent Protective Advances or Swing Loans are outstanding, may pay over to Agent or Swing Lender, as applicable, any Collections or payments received by Agent, that in accordance with the terms of this Agreement would be applied to the reduction of the Advances, for application to the Protective Advances or Swing Loans. Between Settlement Dates, Agent, to the extent no Protective Advances or Swing Loans are outstanding, may pay over to Swing Lender any Collections or payments received by Agent, that in accordance with the terms of this Agreement would be applied to the reduction of the Advances, for application to Swing Lender\u2019s Pro Rata Share of the Advances. If, as of any Settlement Date, Collections or payments of Borrower or its Subsidiaries received since the then immediately preceding Settlement Date have been applied to Swing Lender\u2019s Pro Rata Share of the Advances other than to Swing Loans, as provided for in the previous sentence, Swing Lender shall pay to Agent for the accounts of the Lenders, and Agent shall pay to the Lenders, to be applied to the outstanding Advances of such Lenders, an amount such that each Lender shall, upon receipt of such amount, have, as of such Settlement Date, its Pro Rata Share of the Advances. During the period between Settlement Dates, Swing Lender with respect to Swing Loans, Agent with respect to Protective Advances, and each Lender (subject to the effect of agreements between Agent and individual Lenders) with respect to the Advances other than Swing Loans and Protective Advances, shall be entitled to interest at the applicable rate or rates payable under this Agreement on the daily amount of funds employed by Swing Lender, Agent, or the Lenders, as applicable.", "samples": [{"hash": "cHV3eYSMNbl", "uri": "/contracts/cHV3eYSMNbl#settlement", "label": "Credit Agreement (Powerwave Technologies Inc)", "score": 21.1341552734, "published": true}, {"hash": "irp6ZfNBCgR", "uri": "/contracts/irp6ZfNBCgR#settlement", "label": "Credit Agreement (Powerwave Technologies Inc)", "score": 21.0, "published": true}, {"hash": "aQv5YoWYRda", "uri": "/contracts/aQv5YoWYRda#settlement", "label": "Credit Agreement (Omniture, Inc.)", "score": 21.0, "published": true}], "hash": "10b7e46eb2313af75a1eefc78bd53334", "id": 4}, {"snippet_links": [{"key": "no-admission-of-liability", "type": "clause", "offset": [0, 25]}, {"key": "settlement-of", "type": "clause", "offset": [33, 46]}, {"key": "any-action", "type": "definition", "offset": [47, 57]}, {"key": "the-parties-hereto", "type": "clause", "offset": [103, 121]}, {"key": "consent-of-the", "type": "clause", "offset": [130, 144]}, {"key": "party-affected", "type": "definition", "offset": [157, 171]}], "size": 164, "snippet": "No admission of liability and no settlement of any action shall be made without the consent of each of the Parties hereto and the consent of the Indemnified Party affected, such consent not to be unreasonable withheld.", "samples": [{"hash": "fGIJ8Z0fpId", "uri": "/contracts/fGIJ8Z0fpId#settlement", "label": "Executive Services Agreement (Uranium Energy Corp)", "score": 24.9288158417, "published": true}, {"hash": "dypx2FI7urN", "uri": "/contracts/dypx2FI7urN#settlement", "label": "Executive Consulting Services Agreement (Uranium Energy Corp)", "score": 24.9288158417, "published": true}, {"hash": "1LnNpTvapFd", "uri": "/contracts/1LnNpTvapFd#settlement", "label": "Executive Services Agreement (Uranium Energy Corp)", "score": 24.9288158417, "published": true}], "hash": "f8ffc693fd97829230726a66397e7d1d", "id": 7}, {"snippet_links": [{"key": "it-is-agreed-that", "type": "clause", "offset": [0, 17]}, {"key": "each-lender", "type": "clause", "offset": [18, 29]}, {"key": "funded-portion", "type": "definition", "offset": [32, 46]}, {"key": "the-revolving-loans", "type": "clause", "offset": [50, 69]}, {"key": "by-the-lenders", "type": "clause", "offset": [82, 96]}, {"key": "at-all-times", "type": "definition", "offset": [107, 119]}, {"key": "pro-rata-share", "type": "definition", "offset": [135, 149]}, {"key": "outstanding-revolving-loans", "type": "clause", "offset": [157, 184]}, {"key": "swing-lender", "type": "definition", "offset": [225, 237]}, {"key": "other-lenders", "type": "definition", "offset": [247, 260]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [297, 315]}, {"key": "in-order-to", "type": "clause", "offset": [332, 343]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [382, 420]}, {"key": "swing-loans", "type": "clause", "offset": [488, 499]}, {"key": "extraordinary-advances", "type": "definition", "offset": [504, 526]}, {"key": "periodic-basis", "type": "definition", "offset": [550, 564]}, {"key": "in-accordance-with", "type": "definition", "offset": [565, 583]}, {"key": "agent-shall", "type": "definition", "offset": [614, 625]}, {"key": "weekly-basis", "type": "definition", "offset": [682, 694]}, {"key": "by-agent", "type": "clause", "offset": [741, 749]}, {"key": "sole-discretion", "type": "clause", "offset": [757, 772]}, {"key": "on-behalf-of", "type": "clause", "offset": [777, 789]}, {"key": "with-respect-to", "type": "clause", "offset": [804, 819]}, {"key": "loan-party", "type": "clause", "offset": [949, 959]}, {"key": "other-amounts-received", "type": "clause", "offset": [1004, 1026]}, {"key": "form-of", "type": "clause", "offset": [1105, 1112]}, {"key": "business-day", "type": "definition", "offset": [1188, 1200]}, {"key": "prior-to-the", "type": "clause", "offset": [1213, 1225]}, {"key": "date-of", "type": "clause", "offset": [1226, 1233]}, {"key": "a-settlement", "type": "clause", "offset": [1344, 1356]}, {"key": "statement-of", "type": "clause", "offset": [1386, 1398]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [1551, 1575]}, {"key": "a-lender", "type": "definition", "offset": [1721, 1729]}, {"key": "the-settlement-date", "type": "clause", "offset": [1947, 1966]}, {"key": "transfer-in", "type": "definition", "offset": [1968, 1979]}, {"key": "immediately-available-funds", "type": "definition", "offset": [1980, 2007]}, {"key": "deposit-account", "type": "definition", "offset": [2013, 2028]}, {"key": "lender-may", "type": "definition", "offset": [2053, 2063]}, {"key": "upon-receipt-of", "type": "definition", "offset": [2120, 2135]}, {"key": "transfer-of", "type": "clause", "offset": [2704, 2715]}, {"key": "available-to", "type": "definition", "offset": [2873, 2885]}, {"key": "under-clause", "type": "clause", "offset": [2892, 2904]}, {"key": "the-applicable", "type": "clause", "offset": [2987, 3001]}, {"key": "to-the-extent", "type": "clause", "offset": [3325, 3338]}, {"key": "required-by", "type": "definition", "offset": [3339, 3350]}, {"key": "on-demand", "type": "clause", "offset": [3432, 3441]}, {"key": "with-interest", "type": "definition", "offset": [3468, 3481]}, {"key": "defaulting-lender-rate", "type": "definition", "offset": [3497, 3519]}, {"key": "balance-of-the", "type": "clause", "offset": [3560, 3574]}, {"key": "equal-to", "type": "definition", "offset": [3656, 3664]}, {"key": "the-relevant", "type": "clause", "offset": [3834, 3846]}, {"key": "payments-actually-received", "type": "definition", "offset": [3896, 3922]}, {"key": "funds-by", "type": "definition", "offset": [3931, 3939]}, {"key": "fees-payable-by-borrowers", "type": "clause", "offset": [3983, 4008]}, {"key": "proceeds-of-collateral", "type": "clause", "offset": [4053, 4075]}, {"key": "between-settlement-dates", "type": "clause", "offset": [4083, 4107]}, {"key": "received-by", "type": "definition", "offset": [4269, 4280]}, {"key": "terms-of-this-agreement", "type": "clause", "offset": [4316, 4339]}, {"key": "reduction-of", "type": "clause", "offset": [4364, 4376]}, {"key": "any-settlement", "type": "clause", "offset": [4836, 4850]}, {"key": "the-loan-parties", "type": "definition", "offset": [4886, 4902]}, {"key": "pay-to", "type": "definition", "offset": [5149, 5155]}, {"key": "the-accounts", "type": "clause", "offset": [5166, 5178]}, {"key": "the-provisions-of-section", "type": "clause", "offset": [5287, 5312]}, {"key": "during-the-period", "type": "clause", "offset": [5538, 5555]}, {"key": "applicable-rate", "type": "definition", "offset": [5810, 5825]}, {"key": "employed-by", "type": "definition", "offset": [5893, 5904]}, {"key": "in-the-event", "type": "clause", "offset": [6027, 6039]}, {"key": "settlement-amounts", "type": "definition", "offset": [6128, 6146]}], "size": 193, "snippet": "It is agreed that each Lender\u2019s funded portion of the Revolving Loans is intended by the Lenders to equal, at all times, such Lender\u2019s Pro Rata Share of the outstanding Revolving Loans. Such agreement notwithstanding, Agent, Swing Lender, and the other Lenders agree (which agreement shall not be for the benefit of Borrowers) that in order to facilitate the administration of this Agreement and the other Loan Documents, settlement among the Lenders as to the Revolving Loans (including Swing Loans and Extraordinary Advances) shall take place on a periodic basis in accordance with the following provisions:\n(i) Agent shall request settlement (\u201cSettlement\u201d) with the Lenders on a weekly basis, or on a more frequent basis if so determined by Agent in its sole discretion (1) on behalf of Swing Lender, with respect to the outstanding Swing Loans, (2) for itself, with respect to the outstanding Extraordinary Advances, and (3) with respect to any Loan Party\u2019s or any of their Subsidiaries\u2019 payments or other amounts received, as to each by notifying the Lenders by telecopy, telephone, or other similar form of transmission, of such requested Settlement, no later than 2:00 p.m. on the Business Day immediately prior to the date of such requested Settlement (the date of such requested Settlement being the \u201cSettlement Date\u201d). Such notice of a Settlement Date shall include a summary statement of the amount of outstanding Revolving Loans (including Swing Loans and Extraordinary Advances) for the period since the prior Settlement Date. Subject to the terms and conditions contained herein (including Section 2.3(g)): (y) if the amount of the Revolving Loans (including Swing Loans and Extraordinary Advances) made by a Lender that is not a Defaulting Lender exceeds such Lender\u2019s Pro Rata Share of the Revolving Loans (including Swing Loans and Extraordinary Advances) as of a Settlement Date, then Agent shall, by no later than 12:00 p.m. on the Settlement Date, transfer in immediately available funds to a Deposit Account of such Lender (as such Lender may designate), an amount such that each such Lender shall, upon receipt of such amount, have as of the Settlement Date, its Pro Rata Share of the Revolving Loans (including Swing Loans and Extraordinary Advances), and (z) if the amount of the Revolving Loans (including Swing Loans and Extraordinary Advances) made by a Lender is less than such Lender\u2019s Pro Rata Share of the Revolving Loans (including Swing Loans and Extraordinary Advances) as of a Settlement Date, such Lender shall no later than 12:00 p.m. on the Settlement Date transfer in immediately available funds to Agent\u2019s Account, an amount such that each such Lender shall, upon transfer of such amount, have as of the Settlement Date, its Pro Rata Share of the Revolving Loans (including Swing Loans and Extraordinary Advances). Such amounts made available to Agent under clause (z) of the immediately preceding sentence shall be applied against the amounts of the applicable Swing Loans or Extraordinary Advances and, together with the portion of such Swing Loans or Extraordinary Advances representing Swing Lender\u2019s Pro Rata Share thereof, shall constitute Revolving Loans of such Lenders. If any such amount is not made available to Agent by any Lender on the Settlement Date applicable thereto to the extent required by the terms hereof, Agent shall be entitled to recover for its account such amount on demand from such Lender together with interest thereon at the Defaulting Lender Rate.\n(ii) In determining whether a Lender\u2019s balance of the Revolving Loans (including Swing Loans and Extraordinary Advances) is less than, equal to, or greater than such Lender\u2019s Pro Rata Share of the Revolving Loans (including Swing Loans and Extraordinary Advances) as of a Settlement Date, Agent shall, as part of the relevant Settlement, apply to such balance the portion of payments actually received in good funds by Agent with respect to principal, interest, fees payable by Borrowers and allocable to the Lenders hereunder, and proceeds of Collateral.\n(iii) Between Settlement Dates, Agent, to the extent Extraordinary Advances or Swing Loans are outstanding, may pay over to Agent or Swing Lender, as applicable, any payments or other amounts received by Agent, that in accordance with the terms of this Agreement would be applied to the reduction of the Revolving Loans, for application to the Extraordinary Advances or Swing Loans. Between Settlement Dates, Agent, to the extent no Extraordinary Advances or Swing Loans are outstanding, may pay over to Swing Lender any payments or other amounts received by Agent, that in accordance with the terms of this Agreement would be applied to the reduction of the Revolving Loans, for application to Swing Lender\u2019s Pro Rata Share of the Revolving Loans. If, as of any Settlement Date, payments or other amounts of the Loan Parties or their Subsidiaries received since the then immediately preceding Settlement Date have been applied to Swing Lender\u2019s Pro Rata Share of the Revolving Loans other than to Swing Loans, as provided for in the previous sentence, Swing Lender shall pay to Agent for the accounts of the Lenders, and Agent shall pay to the Lenders (other than a Defaulting Lender if Agent has implemented the provisions of Section 2.3(g)), to be applied to the outstanding Revolving Loans of such Lenders, an amount such that each such Lender shall, upon receipt of such amount, have, as of such Settlement Date, its Pro Rata Share of the Revolving Loans. During the period between Settlement Dates, Swing Lender with respect to Swing Loans, Agent with respect to Extraordinary Advances, and each Lender with respect to the Revolving Loans other than Swing Loans and Extraordinary Advances, shall be entitled to interest at the applicable rate or rates payable under this Agreement on the daily amount of funds employed by Swing Lender, Agent, or the Lenders, as applicable.\n(iv) Anything in this Section 2.3(e) to the contrary notwithstanding, in the event that a Lender is a Defaulting Lender, Agent shall be entitled to refrain from remitting settlement amounts to the Defaulting Lender and, instead, shall be entitled to elect to implement the provisions set forth in Section 2.3(g).", "samples": [{"hash": "6t1hUFYKMrK", "uri": "/contracts/6t1hUFYKMrK#settlement", "label": "Credit Agreement (AerSale Corp)", "score": 32.2032852173, "published": true}, {"hash": "8aM86FlMPt2", "uri": "/contracts/8aM86FlMPt2#settlement", "label": "Credit Agreement (INFINERA Corp)", "score": 31.1711158752, "published": true}, {"hash": "c1PFK7tlEyB", "uri": "/contracts/c1PFK7tlEyB#settlement", "label": "Credit Agreement (INFINERA Corp)", "score": 30.5824775696, "published": true}], "hash": "e164813ab41097c81006a27da9b5173c", "id": 5}, {"snippet_links": [{"key": "each-lender", "type": "clause", "offset": [0, 11]}, {"key": "funded-portion", "type": "definition", "offset": [14, 28]}, {"key": "the-loans", "type": "clause", "offset": [32, 41]}, {"key": "by-the-lenders", "type": "clause", "offset": [54, 68]}, {"key": "at-all-times", "type": "definition", "offset": [81, 93]}, {"key": "pro-rata-share", "type": "definition", "offset": [111, 125]}, {"key": "outstanding-loans", "type": "clause", "offset": [133, 150]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [254, 272]}, {"key": "the-loan-parties", "type": "definition", "offset": [291, 307]}, {"key": "in-order-to", "type": "clause", "offset": [314, 325]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [364, 402]}, {"key": "the-non", "type": "clause", "offset": [453, 460]}, {"key": "ratable-loans", "type": "clause", "offset": [461, 474]}, {"key": "swingline-loans-and-overadvances", "type": "clause", "offset": [476, 508]}, {"key": "periodic-basis", "type": "definition", "offset": [531, 545]}, {"key": "the-agent-shall", "type": "clause", "offset": [558, 573]}, {"key": "weekly-basis", "type": "definition", "offset": [641, 653]}, {"key": "settlement-by", "type": "clause", "offset": [751, 764]}, {"key": "date-of", "type": "clause", "offset": [843, 850]}, {"key": "in-the-case", "type": "clause", "offset": [937, 948]}, {"key": "outstanding-principal-amount", "type": "clause", "offset": [1074, 1102]}, {"key": "the-applicable", "type": "clause", "offset": [1106, 1120]}, {"key": "with-respect-to", "type": "clause", "offset": [1126, 1141]}, {"key": "the-agent-as", "type": "definition", "offset": [1205, 1217]}, {"key": "the-agent-may", "type": "clause", "offset": [1218, 1231]}, {"key": "the-settlement-date", "type": "clause", "offset": [1287, 1306]}, {"key": "a-default", "type": "definition", "offset": [1373, 1382]}, {"key": "unmatured-default", "type": "definition", "offset": [1389, 1406]}, {"key": "applicable-conditions-precedent", "type": "clause", "offset": [1430, 1461]}, {"key": "section-42", "type": "clause", "offset": [1475, 1486]}, {"key": "revolving-loans", "type": "definition", "offset": [1727, 1742]}, {"key": "on-demand", "type": "clause", "offset": [1933, 1942]}, {"key": "with-interest", "type": "definition", "offset": [1969, 1982]}, {"key": "as-specified", "type": "clause", "offset": [1991, 2003]}], "size": 308, "snippet": "Each Lender\u2019s funded portion of the Loans is intended by the Lenders to be equal at all times to such Lender\u2019s Pro Rata Share of the outstanding Loans. Notwithstanding such agreement, the Agent, Chase, and the Lenders agree (which agreement shall not be for the benefit of or enforceable by the Loan Parties) that in order to facilitate the administration of this Agreement and the other Loan Documents, settlement among them as to the Loans, including the Non-Ratable Loans, Swingline Loans and Overadvances shall take place on a periodic basis as follows. The Agent shall request settlement (a \u201cSettlement\u201d) with the Lenders on at least a weekly basis, or on a more frequent basis at the Agent\u2019s election, by notifying the Lenders of such requested Settlement by telecopy, telephone, or e-mail no later than 12:00 noon (Chicago time) on the date of such requested Settlement (the \u201cSettlement Date\u201d). Each Lender (other than the Agent, in the case of the Non-Ratable Loans, Swingline Loans and Overadvances) shall transfer the amount of such Lender\u2019s Pro Rata Share of the outstanding principal amount of the applicable Loan with respect to which Settlement is requested to the Agent, to such account of the Agent as the Agent may designate, not later than 2:00 p.m. (Chicago time), on the Settlement Date applicable thereto. Settlements may occur during the existence of a Default or an Unmatured Default and whether or not the applicable conditions precedent set forth in Section 4.2 have then been satisfied. Such amounts transferred to the Agent shall be applied against the amounts of the applicable Loan and, together with Chase\u2019s Pro Rata Share of such Non-Ratable Loan, Swingline Loan or Overadvance, shall constitute Revolving Loans of such Lenders, respectively. If any such amount is not transferred to the Agent by any Lender on the Settlement Date applicable thereto, the Agent shall be entitled to recover such amount on demand from such Lender together with interest thereon as specified in Section 2.24.", "samples": [{"hash": "dD1FzNI2LK6", "uri": "/contracts/dD1FzNI2LK6#settlement", "label": "Credit Agreement (Star Group, L.P.)", "score": 33.5119781494, "published": true}, {"hash": "3SfxkRiQZCl", "uri": "/contracts/3SfxkRiQZCl#settlement", "label": "Credit Agreement (Star Group, L.P.)", "score": 30.9247093201, "published": true}, {"hash": "9qEOwUsMFhL", "uri": "/contracts/9qEOwUsMFhL#settlement", "label": "Credit Agreement (Star Group, L.P.)", "score": 29.4982891083, "published": true}], "hash": "a201b29df2180007df6fdee9bd0b4f24", "id": 3}, {"snippet_links": [{"key": "obligations-of-purchaser", "type": "clause", "offset": [3, 27]}, {"key": "termination-date", "type": "definition", "offset": [62, 78]}, {"key": "unfulfilled-obligations", "type": "clause", "offset": [159, 182]}, {"key": "without-prejudice-to-any-other-rights-or-remedies", "type": "clause", "offset": [196, 245]}, {"key": "forest-service", "type": "definition", "offset": [249, 263]}, {"key": "cooperative-deposits", "type": "clause", "offset": [294, 314]}, {"key": "uncompleted-work", "type": "clause", "offset": [332, 348]}, {"key": "receipt-of-written-notice", "type": "definition", "offset": [363, 388]}, {"key": "contracting-officer", "type": "definition", "offset": [394, 413]}, {"key": "to-purchaser", "type": "clause", "offset": [414, 426]}, {"key": "work-to-be-done", "type": "clause", "offset": [430, 445]}, {"key": "failure-to", "type": "clause", "offset": [462, 472]}, {"key": "the-obligation", "type": "clause", "offset": [478, 492]}, {"key": "the-work", "type": "definition", "offset": [502, 510]}], "size": 179, "snippet": "If obligations of Purchaser have not been fully discharged by Termination Date, any money advanced or deposited hereunder shall be retained and applied toward unfulfilled obligations of Purchaser without prejudice to any other rights or remedies of Forest Service. Such funds may be treated as cooperative deposits under B4.218 for uncompleted work 30 days after receipt of written notice from Contracting Officer to Purchaser of work to be done and Purchaser\u2019s failure to deny the obligation or to do the work.", "samples": [{"hash": "ibhFGgT8rLw", "uri": "/contracts/ibhFGgT8rLw#settlement", "label": "Timber Sale Contract", "score": 36.3814277649, "published": true}, {"hash": "jMYtbdk7yQ4", "uri": "/contracts/jMYtbdk7yQ4#settlement", "label": "Timber Sale Contract", "score": 36.344329834, "published": true}, {"hash": "hIDqBmv06i8", "uri": "/contracts/hIDqBmv06i8#settlement", "label": "Timber Sale Contract", "score": 36.3144989014, "published": true}], "hash": "d181008ccce1821bc2486402049d1031", "id": 6}, {"snippet_links": [{"key": "the-company-shall", "type": "clause", "offset": [0, 17]}, {"key": "to-indemnify", "type": "clause", "offset": [32, 44]}, {"key": "agreement-or", "type": "definition", "offset": [67, 79]}, {"key": "settlement-of", "type": "clause", "offset": [114, 127]}, {"key": "written-consent", "type": "definition", "offset": [174, 189]}, {"key": "change-in-control-has-occurred", "type": "clause", "offset": [220, 250]}, {"key": "subsequent-to-the", "type": "clause", "offset": [251, 268]}, {"key": "date-of-this-agreement", "type": "clause", "offset": [269, 291]}, {"key": "indemnification-of-indemnitee", "type": "clause", "offset": [325, 354]}, {"key": "independent-counsel", "type": "definition", "offset": [393, 412]}, {"key": "the-settlement", "type": "clause", "offset": [426, 440]}, {"key": "neither-the-company", "type": "definition", "offset": [442, 461]}, {"key": "affiliate-shall", "type": "definition", "offset": [484, 499]}, {"key": "a-settlement", "type": "clause", "offset": [511, 523]}, {"key": "other-liability", "type": "definition", "offset": [594, 609]}, {"key": "any-settlement", "type": "clause", "offset": [830, 844]}, {"key": "promptly-notify", "type": "definition", "offset": [882, 897]}, {"key": "upon-the-company", "type": "definition", "offset": [909, 925]}, {"key": "receipt-of", "type": "clause", "offset": [928, 938]}, {"key": "reasonable-amount", "type": "definition", "offset": [1049, 1066]}, {"key": "time-to-consider", "type": "clause", "offset": [1070, 1086]}, {"key": "in-the-case", "type": "clause", "offset": [1104, 1115]}, {"key": "settlement-for", "type": "clause", "offset": [1128, 1142]}, {"key": "consent-of-indemnitee", "type": "clause", "offset": [1153, 1174]}, {"key": "a-party", "type": "clause", "offset": [1303, 1310]}, {"key": "with-respect-to", "type": "clause", "offset": [1311, 1326]}, {"key": "other-parties", "type": "clause", "offset": [1327, 1340]}, {"key": "insurance-proceeds", "type": "clause", "offset": [1461, 1479]}, {"key": "approved-by", "type": "definition", "offset": [1487, 1498]}, {"key": "a-majority", "type": "definition", "offset": [1499, 1509]}, {"key": "independent-directors", "type": "definition", "offset": [1517, 1538]}, {"key": "provided-that", "type": "definition", "offset": [1540, 1553]}, {"key": "force-and-effect", "type": "clause", "offset": [1593, 1609]}, {"key": "in-accordance-with", "type": "definition", "offset": [1636, 1654]}, {"key": "not-entitled", "type": "definition", "offset": [1689, 1701]}, {"key": "to-indemnitee", "type": "definition", "offset": [1805, 1818]}], "size": 151, "snippet": "The Company shall not be liable to indemnify Indemnitee under this Agreement or otherwise for any amounts paid in settlement of any Proceeding effected without the Company\u2019s written consent; provided, however, that if a Change in Control has occurred subsequent to the date of this Agreement, the Company shall be liable for indemnification of Indemnitee for amounts paid in settlement if the Independent Counsel has approved the settlement. Neither the Company nor any Subsidiary or Affiliate shall enter into a settlement of any Proceeding that might result in the imposition of any Expense, Other Liability, penalty, limitation or detriment on Indemnitee, whether indemnifiable under this Agreement or otherwise, without Indemnitee\u2019s written consent. Neither the Company nor Indemnitee shall unreasonably withhold consent from any settlement of any Proceeding. The Company shall promptly notify Indemnitee upon the Company\u2019s receipt of an offer to settle, or if the Company makes an offer to settle, any Proceeding, and provide Indemnitee with a reasonable amount of time to consider such settlement, in the case of any such settlement for which the consent of Indemnitee would be required hereunder. The Company shall not, on its own behalf, settle any part of any Proceeding to which Indemnitee is a party with respect to other parties (including the Company) without the written consent of Indemnitee if any portion of the settlement is to be funded from insurance proceeds unless approved by a majority of the Independent Directors, provided that this sentence shall cease to be of any force and effect if it has been determined in accordance with this Agreement that Indemnitee is not entitled to indemnification hereunder with respect to such Proceeding or if the Company\u2019s obligations hereunder to Indemnitee with respect to such Proceeding have been fully discharged.", "samples": [{"hash": "72RtBJx5do5", "uri": "/contracts/72RtBJx5do5#settlement", "label": "Indemnity Agreement (Coinbase Global, Inc.)", "score": 37.1149902344, "published": true}, {"hash": "itJEJaEBulM", "uri": "/contracts/itJEJaEBulM#settlement", "label": "Indemnity Agreement (CN Healthy Food Tech Group Corp.)", "score": 36.761806488, "published": true}, {"hash": "3DkqtOdop2Q", "uri": "/contracts/3DkqtOdop2Q#settlement", "label": "Indemnity Agreement (KalVista Pharmaceuticals, Inc.)", "score": 36.761806488, "published": true}], "hash": "52cb6a27c6ba93b467ee42aa7441e9db", "id": 8}, {"snippet_links": [{"key": "existing-holder", "type": "clause", "offset": [11, 26]}, {"key": "fails-to-deliver", "type": "clause", "offset": [54, 70]}, {"key": "any-person", "type": "definition", "offset": [119, 129]}, {"key": "deliver-to", "type": "definition", "offset": [182, 192]}, {"key": "shares-of-amps", "type": "definition", "offset": [217, 231]}, {"key": "delivery-of", "type": "clause", "offset": [421, 432]}, {"key": "good-delivery", "type": "clause", "offset": [487, 500]}, {"key": "failure-to-deliver-shares", "type": "clause", "offset": [534, 559]}, {"key": "the-auction-agent", "type": "definition", "offset": [589, 606]}, {"key": "notice-required-by", "type": "clause", "offset": [611, 629]}, {"key": "provisions-of-this-section", "type": "clause", "offset": [687, 713]}, {"key": "no-effect", "type": "definition", "offset": [870, 879]}, {"key": "agent-shall", "type": "definition", "offset": [909, 920]}, {"key": "in-accordance-with", "type": "definition", "offset": [973, 991]}, {"key": "terms-of", "type": "clause", "offset": [996, 1004]}, {"key": "no-duty-or-liability", "type": "clause", "offset": [1057, 1077]}, {"key": "with-respect-to", "type": "clause", "offset": [1078, 1093]}, {"key": "enforcement-of-this-section", "type": "clause", "offset": [1094, 1121]}, {"key": "the-trust", "type": "clause", "offset": [1164, 1173]}, {"key": "potential-holder", "type": "definition", "offset": [1270, 1286]}, {"key": "agent-member", "type": "definition", "offset": [1293, 1305]}, {"key": "pay-for", "type": "definition", "offset": [1343, 1350]}, {"key": "pursuant-to-the", "type": "clause", "offset": [1374, 1389]}, {"key": "auction-procedures", "type": "definition", "offset": [1390, 1408]}, {"key": "provision-of-the", "type": "clause", "offset": [1447, 1463]}, {"key": "settlement-procedures", "type": "definition", "offset": [1490, 1511]}, {"key": "in-the-event", "type": "clause", "offset": [1529, 1541]}, {"key": "sell-order", "type": "definition", "offset": [1677, 1687]}, {"key": "to-submit", "type": "definition", "offset": [1742, 1751]}, {"key": "an-order", "type": "definition", "offset": [1752, 1760]}, {"key": "no-liability", "type": "definition", "offset": [1820, 1832]}, {"key": "to-sell", "type": "clause", "offset": [1859, 1866]}, {"key": "pursuant-to-such", "type": "clause", "offset": [1879, 1895]}, {"key": "notification-of", "type": "clause", "offset": [1992, 2007]}, {"key": "compliance-with-the", "type": "clause", "offset": [2025, 2044]}, {"key": "pursuant-to-section", "type": "definition", "offset": [2110, 2129]}, {"key": "this-agreement", "type": "clause", "offset": [2140, 2154]}, {"key": "according-to", "type": "definition", "offset": [2161, 2173]}, {"key": "beneficial-owner-of-shares", "type": "definition", "offset": [2375, 2401]}, {"key": "against-payment", "type": "definition", "offset": [2709, 2724]}, {"key": "deliveries-of", "type": "clause", "offset": [2744, 2757]}, {"key": "in-respect-of", "type": "definition", "offset": [2783, 2796]}, {"key": "beneficial-owners", "type": "definition", "offset": [2829, 2846]}, {"key": "submitted-bids", "type": "definition", "offset": [2848, 2862]}], "size": 100, "snippet": "(a) If any Existing Holder selling AMPS in an Auction fails to deliver such AMPS (by authorized book-entry), the BD of any Person that was to have purchased AMPS in such Auction may deliver to such Person a number of Shares of AMPS that is less than the number of Shares of AMPS that otherwise were to be purchased by such Person. In such event, the number of Shares of AMPS to be so delivered shall be determined by BD. Delivery of such lesser number of Shares of AMPS shall constitute good delivery. Upon the occurrence of any such failure to deliver Shares of AMPS, BD shall deliver to the Auction Agent the notice required by Section 2.3(f)(ii) hereof. Notwithstanding the foregoing provisions of this Section 2.7(a), any delivery or non-delivery of AMPS which represents any departure from the results of an Auction, as determined by the Auction Agent, shall be of no effect unless and until the Auction Agent shall have been notified of such delivery or non-delivery in accordance with the terms of Section 2.3(f) hereof. The Auction Agent shall have no duty or liability with respect to enforcement of this Section 2.7(a).\n(b) Neither the Auction Agent nor the Trust shall have any responsibility or liability with respect to the failure of an Existing Holder, a Potential Holder or an Agent Member or any of them to deliver AMPS or to pay for AMPS sold or purchased pursuant to the Auction Procedures or otherwise.\n(c) Notwithstanding any provision of the Auction Procedures or the Settlement Procedures to the contrary, in the event BD is an Existing Holder with respect to shares of AMPS and the Auction procedures provide that BD shall be deemed to have submitted a Sell Order in an Auction with respect to such shares if BD fails to submit an Order in that Auction with respect to such shares, BD shall have no liability to any Person for failing to sell such shares pursuant to such a deemed Sell Order if (i) such shares were transferred by the beneficial owner thereof without notification of such transfer in compliance with the Auction Procedures or (ii) BD has indicated to the Auction Agent pursuant to Section 2.2(e) of this Agreement that, according to BD\u2019s records, BD is not the Existing Holder of such shares.\n(d) Notwithstanding any provision of the Auction Procedures or the Settlement Procedures to the contrary, in the event an Existing Holder or Beneficial Owner of shares of AMPS with respect to whom a Broker-Dealer submitted a Bid to the Auction Agent for such shares that was accepted in whole or in part, or submitted or is deemed to have submitted a Sell Order for such shares that was accepted in whole or in part, fails to instruct its Agent Member to deliver such shares against payment therefore, partial deliveries of AMPS that have been made in respect of Potential Holders\u2019 or Potential Beneficial Owners\u2019 Submitted Bids for shares of such series that have been accepted in whole or in part shall constitute good delivery to such Potential Holders and Potential Beneficial Owners.", "samples": [{"hash": "hHzeCKred46", "uri": "/contracts/hHzeCKred46#settlement", "label": "Auction Agency Agreement", "score": 31.3408622742, "published": true}, {"hash": "fCvQj451MT2", "uri": "/contracts/fCvQj451MT2#settlement", "label": "Broker Dealer Agreement (Federated Premier Municipal Income Fund)", "score": 28.761806488, "published": true}, {"hash": "6NFqNfgAe7A", "uri": "/contracts/6NFqNfgAe7A#settlement", "label": "Broker Dealer Agreement (Federated Premier Municipal Income Fund)", "score": 28.761806488, "published": true}], "hash": "11a6e1a73447041df08f31e024c78815", "id": 10}, {"snippet_links": [{"key": "the-company-will", "type": "clause", "offset": [0, 16]}, {"key": "consent-of-indemnitee", "type": "clause", "offset": [48, 69]}, {"key": "sole-discretion", "type": "clause", "offset": [121, 136]}, {"key": "settlement-of", "type": "clause", "offset": [149, 162]}, {"key": "payment-of-money", "type": "clause", "offset": [292, 308]}, {"key": "release-of", "type": "clause", "offset": [372, 382]}, {"key": "subject-of", "type": "clause", "offset": [441, 451]}, {"key": "in-connection-with", "type": "clause", "offset": [528, 546]}, {"key": "the-company-shall", "type": "clause", "offset": [561, 578]}, {"key": "to-indemnify", "type": "clause", "offset": [596, 608]}], "size": 112, "snippet": "The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee\u2019s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company\u2019s prior written consent, which shall not be unreasonably withheld.", "samples": [{"hash": "7YSFCmeIiI7", "uri": "/contracts/7YSFCmeIiI7#settlement", "label": "Indemnification Agreement (LSB Industries, Inc.)", "score": 37.1533203125, "published": true}, {"hash": "3yIiqGfSww4", "uri": "/contracts/3yIiqGfSww4#settlement", "label": "Director and Officer Indemnification Agreement (James River Group Holdings, Inc.)", "score": 36.8576316833, "published": true}, {"hash": "e2A4M6XoHuk", "uri": "/contracts/e2A4M6XoHuk#settlement", "label": "Indemnification Agreement (LSB Industries, Inc.)", "score": 36.1567420959, "published": true}], "hash": "e309aef09d7055ba82e25791afcaf8d2", "id": 9}], "next_curs": "ClMSTWoVc35sYXdpbnNpZGVyY29udHJhY3Rzci8LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhNzZXR0bGVtZW50IzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"parents": [["indemnification", "Indemnification"], ["borrowing-procedures-and-settlements", "Borrowing Procedures and Settlements"], ["mechanics-of-issuances", "Mechanics of Issuances"], ["issuance-and-sale-of-common-shares", "Issuance and Sale of Common Shares"], ["miscellaneous", "Miscellaneous"]], "size": 19880, "children": [["settlement-of-placement-shares", "Settlement of Placement Shares"], ["delivery-of-placement-shares", "Delivery of Placement Shares"], ["delivery-of-shares", "Delivery of Shares"], ["", ""], ["limitations-on-offering-size", "Limitations on Offering Size"]], "title": "Settlement", "id": "settlement", "related": [["settlements", "Settlements", "<strong>Settlements</strong>"], ["settlement-or-compromise", "Settlement or Compromise", "<strong>Settlement</strong> or Compromise"], ["settlement-payment", "Settlement Payment", "<strong>Settlement</strong> Payment"], ["settlement-of-claims", "Settlement of Claims", "<strong>Settlement</strong> of Claims"], ["settlement-payments", "Settlement Payments", "<strong>Settlement</strong> Payments"]], "related_snippets": [], "updated": "2026-04-22T04:28:35+00:00", "also_ask": ["What are the essential elements that must be included in a robust settlement clause?", "How can the settlement clause be leveraged to maximize client advantage during negotiations?", "What are the most common pitfalls or fatal flaws that undermine settlement enforceability?", "How does this settlement clause compare to standard clauses in similar agreements or jurisdictions?", "What factors do courts consider when determining the enforceability of a settlement clause?"], "drafting_tip": "Specify settlement terms and timelines to prevent disputes, define payment methods to ensure clarity, and include consequences for non-compliance to promote enforceability.", "explanation": "The Settlement clause outlines the procedures and terms under which parties resolve disputes or outstanding obligations, typically involving the payment of money or the performance of certain actions. In practice, this clause may specify timelines for payment, methods for calculating settlement amounts, or steps for confirming that all obligations have been met. Its core function is to provide a clear and agreed-upon process for concluding disputes or financial matters, thereby reducing uncertainty and minimizing the risk of ongoing conflict between the parties."}, "json": true, "cursor": ""}}