Specific Events. The following specific events will affect the rights and obligations of the parties in the event of Florsheim’s leaving the employ of the Company as set forth at Sections 3(c) and 5.
Specific Events. Since the Statement Date, except as set forth in the Financial Statements or in Section 3.20 of the Disclosure Schedule, no member of the Company Group has (a) declared, paid or committed to pay any dividends or authorized, made or committed to make any distribution upon or with respect to any of its securities, (b) incurred or committed to incur any indebtedness for money borrowed in excess of US$20,000 individually or US$50,000 in the Series A Preferred Share Purchase Agreement aggregate that is currently outstanding, (c) made or committed to make any loans or advances to any individual, other than ordinary advances for travel or other bona fide business-related expenses, or (d) waived or committed to waive any material right of value.
Specific Events. During the Duration of the Agreement, in cases of the occurrence or existence of any of the following events, the Facility Agent or the Lenders may, at any time, deem such Event of Default in accordance with Paragraph 2 of this Article:
Specific Events. Upon the occurrence of one of the following specific events—
Specific Events. Notwithstanding anything to the contrary contained herein, Client hereby agrees to assume the entire responsibility and liability for, and agrees to release, defend, indemnify and hold Provider harmless from and against all claims, liabilities, damages and losses for and arising out of the following specified types of claims, losses or events:
Specific Events. The following specific events will affect the rights and obligations of the parties in the event of Florsheim's leaving the
Specific Events. During the Contract Period, if any of the following events or circumstances occurs or is continuing, the Facility Agent or the Lenders may determine that such event or circumstance constitutes an Event of Default in accordance with Section 12.2:
Specific Events. The Seller undertakes to the Purchaser to indemnify the Purchaser and/or Target Group Companies against all reasonable losses, damages, costs and expenses (including reasonable legal costs and expenses), which the Purchaser and/or the Target Group Company may suffer through or arising from the Restructuring. The Purchaser undertakes to the Seller to indemnify the Seller against all reasonable losses, damages, costs and expenses (including reasonable legal costs and expenses), which the Seller and/or the Seller Group may suffer through or arising from the failure of the Purchaser to pay the second installment of the Purchase Consideration by December 31, 2012.
Specific Events. The following specific events will affect the rights and obligations of the parties in the event of Florsheim's leaving the employ of the Company as set forth at paragraphs 3(c) and 5. (a) The replacement of two or more of the existing members of the Company's Board of Directors by persons not nominated by the Board of Directors; or (b) Any amendment to Section 2 of Article III of the Company's By-Laws to enlarge the number of directors of the Company if the change was not supported by the existing Board of Directors; or (c) Any change in Florsheim's duties or powers such that his duties or powers, as changed, would be of a nature substantially inconsistent with those he has rendered in the past and is currently rendering to the Company as its chief executive officer; or (d) A successful tender offer for 15% or more of the shares or merger or consolidation or transfer of assets of the Company; or (e) A change in control of more than 15% of the shares in the Company, such that Florsheim decides in good faith that he can no longer effectively discharge his duties. 7. Non-
Specific Events. Except as disclosed in Section 3.24 of the Disclosure Schedule, since the Statement Date, none of the members of the Company Group has (i) declared, paid or committed to pay any dividends, or authorized, made or committed to make any distribution upon or with respect to any of its securities, (ii) incurred or committed to incur any indebtedness for money borrowed in excess of US$50,000 individually or US$100,000 in the aggregate that is currently outstanding other than those incurred in the ordinary course of business, (iii) made or committed to make any loans or advances to any individual, other than ordinary advances for travel or other bona fide business-related expenses or (iv) waived or committed to waive any material right of value.
