Specified Number Clause Samples
The 'Specified Number' clause defines a particular quantity or numerical value that is referenced elsewhere in the agreement. This clause typically sets a fixed number for items such as days for notice periods, payment amounts, or thresholds for triggering certain obligations. For example, it might state that a party must provide 30 days' notice before terminating the contract or that a penalty applies if more than 10 units are delivered late. Its core practical function is to provide clear, unambiguous numerical standards within the contract, thereby reducing uncertainty and potential disputes over interpretation.
Specified Number. 2.07(a)(i)(A) Subject Share Shortfall 2.07(a)(iii) Transfer 2.04(a) Transferee Agreement 2.04(b) Withdrawn Shares 3.05(a)
Specified Number. Two. Credit Events: Failure to Pay. Payment Requirement: USD 1,000,000 or its equivalent in the relevant Obligation Currency as of the occurrence of the relevant Failure to Pay. Repudiation/Moratorium. Restructuring. Multiple Holder Obligation: Not Applicable Default Requirement: USD 10,000,000 or its equivalent in the relevant Obligation Currency as of the occurrence of the relevant Failure to Pay.
Specified Number. SPECIFIED NUMBER (Clause 8.1(a))
Specified Number. Specified Number" means, as of any date of ---------------- determination, a number of Common Units equal to seven percent (7%) of the Fully Diluted Common Units (rounded to the nearest whole Common Unit) on such date, subject to adjustment as provided herein.