Structure Flexibility Sample Clauses

Structure Flexibility. While it is currently contemplated that the Existing Partnerships will merge with and into HCRX Investments, the parties acknowledge the need for structuring flexibility in relation to the Debt Financing. As such, in the event that as a result of the Debt Financing it is necessitated, as determined by Pubco in its reasonable discretion, that the structure be revised such that it is preferable that the assets of the Existing Partnerships be held at Holdings LP, HCRX Intermediate or a newly formed entity satisfying the conditions below (“NewCo”), then Section 1.04 of this Agreement shall be deemed amended and revised to reflect the merger of the Existing Partnerships with an into Holdings LP, HCRX Intermediate or such NewCo. In the event, Pubco decides to implement the provisions of this Section 1.17, Pubco shall notify all parties of such structural changes at least 10 Business Days prior to the Closing. In order for this provision to be implemented with a NewCo, Newco must satisfy the following conditions:
AutoNDA by SimpleDocs

Related to Structure Flexibility

  • AGREEMENT FLEXIBILITY 8.1 An employer and employee covered by this enterprise agreement may agree to make an individual flexibility arrangement to vary the effect of terms of the agreement if:

  • Flexibility (a) The Employer and an Employee covered by this Agreement may agree to make an individual flexibility arrangement to vary the effect of terms of the Agreement if:

  • Workplace Flexibility Where, for bona fide operational reasons the Employer schedules employees to work Saturday or Sunday, the following criteria shall apply:

  • Individual Flexibility Arrangement The Employer and an Employee may agree to make an individual flexibility arrangement to vary the effect of the terms of this Agreement if:

  • Individual Flexibility Arrangements 7.1 An Employer and Employee covered by the Agreement may agree to make an individual flexibility arrangement to vary the effect of terms of the Agreement if:

  • Geometric visibility The visibility of the illuminating surface, including its visibility in areas which do not appear to be illuminated in the direction of observation considered, shall be ensured within a divergent space defined by generating lines based on the perimeter of the illuminating surface and forming an angle of not less than 5° with the axis of reference of the headlamp. The origin of the angles of geometric visibility is the perimeter of the projection of the illuminating surface on a transverse plane tangent to the foremost part of the lens of the headlamp.

  • Energy Efficiency The contractor shall comply with all mandatory standards and policies relating to energy efficiency which are contained in the energy conservation plan issued in compliance with the Energy Policy and Conservation Act (Pub.L. 94-163) for the State in which the work under this contract is performed.

  • Human and Financial Resources to Implement Safeguards Requirements 10. The Borrower shall make available or cause the State and the DISCOMs to make available necessary budgetary and human resources to fully implement the EMP, the RP and any IPP.

  • Structure Appendices 1 and 2 are incorporated into and form part of this DPA. They set out the agreed subject-matter, the nature and purpose of the processing, the type of Personal Data, categories of data subjects and the applicable technical and organizational measures.

  • Master Feeder Structure If permitted by the 1940 Act, the Board of Trustees, by vote of a majority of the Trustees, and without a Shareholder vote, may cause the Trust or any one or more Series to convert to a master feeder structure (a structure in which a feeder fund invests all of its assets in a master fund, rather than making investments in securities directly) and thereby cause existing Series of the Trust to either become feeders in a master fund, or to become master funds in which other funds are feeders.

Time is Money Join Law Insider Premium to draft better contracts faster.