Sharing Arrangements. Any Sharing Arrangement between a Mission Entity and a Shared Services Party, shall (i) be revoked, cancelled, terminated or expired by its terms and not renewed or any default has occurred under any such Sharing Arrangement, in each case which would have a Material Adverse Effect or (ii) be amended at the request of any Governmental Authority, which amendment would have a Material Adverse Effect, or (iii) cause any Nexstar Entity or Mission Entity not to comply with the multiple ownership rules of the Communications Laws, which non-compliance would have a Material Adverse Effect; or
Sharing Arrangements. (a) The Secured Creditors hereby agree that the provisions of the Security Documents with respect to allocations and distributions of proceeds of the Collateral shall prevail notwithstanding any event or circumstance, including, without limitation, in the event that, through the operation of any bankruptcy, reorganization, insolvency or other laws or otherwise, any prior creditors’ security interest in the Collateral is avoided in whole or in part or is enforced with respect to some, but not all, of the respective Obligations then outstanding.
Sharing Arrangements. If a VECP is approved by the COUNTY, the Contractor may be entitled to share in both construction savings and collateral savings to the full extent provided for in this subsection. Except for innovative ideas, the Contractor and the County shall each receive 50 percent of net reduction in the cost of performance of this Contract. For innovative ideas, the reduction in the cost of performance shall be shared as follows: ACCRUED NET CONTRACTOR’S COUNTY’S SAVINGS SHARE % SHARE % Less than $25,000 85 15 $25,000 to $50,000 75 25 Over $50,000 50 50 If an approved change is identical or similar to a previously submitted VECP or an idea previously utilized by the County it will not be considered an innovative idea, thus, will only qualify for a 50 percent sharing of savings. When collateral savings occur, the Contractor shall receive 20 percent of the average one year’s net collateral savings. The Contractor shall not receive construction savings or collateral savings on optional Work listed in this Contract until the County exercises its option to obtain that Work.
Sharing Arrangements. (a) The Secured Creditors hereby agree that the provisions of the Pledge Agreement with respect to allocations, priorities and distributions of proceeds of the Intermediate Holdco Collateral shall prevail notwithstanding any event or circumstance, including, without limitation, in the event that, through the operation of any bankruptcy, reorganization, insolvency or other laws or otherwise, any Secured Creditor’s security interest in the Intermediate Holdco Collateral is avoided in whole or in part or is enforced with respect to some, but not all, of the respective Obligations then outstanding.
Sharing Arrangements. All Sharing Arrangements entered into between any Loan Party or any of its Subsidiaries and any other Person that are effective on the Closing Date are listed on Schedule 4.28, and full and complete copies thereof have been delivered or made available to the Administrative Agent.
Sharing Arrangements. (a) Where the Shipper shares a Receipt Point or a Delivery Point with Other Shippers, the Shipper must enter into formal arrangements, on terms acceptable to the Service Providers, with the Service Providers, the Other Shippers and the operators of interconnecting facilities in relation to:
Sharing Arrangements. (a) The First Lien Creditors hereby agree that the provisions of this Agreement with respect to allocations and distributions of proceeds of the Collateral shall prevail notwithstanding any event or circumstance, including, without limitation, in the event that, through the operation of any bankruptcy, reorganization, insolvency or other laws or otherwise, any of the Senior First Lien Creditors’ security interest in the Collateral is avoided in whole or in part for any reason or is enforced with respect to some, but not all, of the Senior First Lien Obligations then outstanding.
Sharing Arrangements. Neither American Plastics Company, Inc. nor New England Extrusion Inc. is a party to or bound by any Tax allocation agreement, Tax sharing agreement or contract pursuant to which American Plastics Company, Inc. or New England Extrusion Inc. has any liability for the Taxes of any other person or entity.
Sharing Arrangements. (a) Where the Shipper shares a Receipt Point (a Shared Receipt Point) with Other Shippers then:
Sharing Arrangements. (a) Each of the Second Priority Collateral Parties for themselves and on behalf of the related Second Priority Secured Holders hereby agree that the provisions of the First Priority Collateral Documents with respect to allocations and distributions of proceeds of the Collateral shall prevail notwithstanding any event or circumstance, including, without limitation, in the event that, through the operation of any bankruptcy, reorganization, insolvency or other laws or otherwise, any of the Liens of the First Priority Secured Holders in the Collateral is avoided in whole or in part for any reason or is enforced with respect to some, but not all, of the First Priority Secured Obligations then outstanding.
