Subsequently Clause Samples
The 'Subsequently' clause establishes that certain actions, rights, or obligations will occur or become effective after a specified event or condition has taken place. In practice, this clause is used to sequence contractual duties, such as requiring a party to deliver documents or make payments only after a milestone is achieved or a prior obligation is fulfilled. Its core function is to provide clear timing and order for contractual performance, reducing ambiguity and ensuring that parties understand when their responsibilities are triggered.
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Subsequently. ▇▇▇▇▇▇▇▇ and ▇▇ each separately informed Employee 1 about the information they had learned at the London meeting regarding the need to bribe foreign officials.
Subsequently. Original Borrower, Additional Borrower, Agent and Lenders entered into that certain Assumption and Joinder Agreement dated as of May 9, 2012 (the “Assumption and Joinder Agreement”), which, among other things, added Additional Borrower as a “Borrower” under the Note and the other Loan Documents and added the 155 North Property (as defined in the Long Form Agreement defined below), as an Additional Property under the Loan.
Subsequently the Borrower entered into a Second Amended and Restated Credit Agreement dated as of December 15, 1995, as amended by the First Amendment dated as of January 9, 1996, the Second Amendment dated as of January 24, 1996 and the Third Amendment dated as of April 9, 1996 (said agreement, as so amended, being the "Third Credit Agreement"), with the financial institutions and other institutional lenders party thereto (the "Third Lenders") and Citibank, as agent for the Third Lenders.
Subsequently. Supply and the Executive ---------- agreed to amend and assign the Employment Agreement to Global Markets, subject to Supply's guarantee of Global Markets' obligations under the Employment Agreement. The Employment Agreement provides for the grant of certain options to the Executive to acquire membership interests in Supply. As of the date of this Amendment and Assignment, Allegheny Energy is granting an option to the Executive to acquire shares of Allegheny Energy, Inc. common stock pursuant to the terms of a Stock Option Notice and subject to the provisions of the Allegheny Energy, Inc. Long Term Incentive Plan (the "Allegheny Energy Option"). In consideration of the Allegheny Energy Option, the Executive agrees to waive any and all rights to, and disclaim any and all interests in, any options to purchase an interest in Supply as described in or otherwise contemplated under the Employment Agreement and any such options shall be deemed canceled and void, ab initio. Further, the parties deem it desirable for the Executive to be employed by the Employer instead of Global Markets, effective as of January 1, 2002, under equivalent terms and conditions to those set forth in the Employment Agreement, as amended herein and as it may be amended from time to time. Accordingly, intending to be legally bound, the parties acknowledge and agree that:
Subsequently the Borrower, Guarantors, Control Agent and Lenders entered into a Limited Forbearance Agreement, dated as of May 18, 2015, as amended by that certain Amendment No. 1 to Limited Forbearance Agreement, dated as of September 28, 2015, that certain Amendment No. 2 to Limited Forbearance Agreement, dated as of November 13, 2015 that certain Amendment No. 3 to Limited Forbearance Agreement, dated as of December 21, 2015, and that certain Amendment No. 4 to Limited Forbearance Agreement, dated as of January 29, 2016 (as so amended, the “Forbearance Agreement”) pursuant to which, subject to the terms and conditions of the Forbearance Agreement, the Lenders and the Control Agent agreed to temporarily forbear from further exercising their rights and remedies under the Credit Agreement and/or the Loan Documents with respect to the Designated Defaults. All capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the Forbearance Agreement.
Subsequently. Landlord purchased the Premises and the lessor's interest in. the Lease was assigned to Landlord.
Subsequently a similar calculation to that described in paragraph 1 will be made, and a cost of living allowance paid on a comparable basis to that outlined in paragraph 2 as follows: Following the release of the Index for: Based on the Comparison of: May 2012 May 2012 with Feb. 2012 August 2012 Aug. 2012 with May 2012 November 2012 Nov. 2012 with Aug. 2012 February 2013 Feb. 2013 with Nov. 2012 May 2013 May 2013 with Feb. 2013 August 2013 Aug. 2013 with May 2013 November 2013 Nov. 2013 with Aug. 2013 February 2014 Feb. 2014 with Nov. 2013 May 2014 May 2014 with Feb. 2014 August 2014 Aug. 2014 with May 2014 November 2014 Nov. 2014 with Aug. 2014 February 2015 Feb. 2015 with Nov. 2014 May 2015 May 2015 with Feb. 2015 August 2015 Aug. 2015 with May 2015 November 2015 Nov. 2015 with Aug. 2015 February 2016 Feb. 2016 with Nov. 2015 May 2016 May 2016 with Feb. 2016 August 2016 Aug. 2016 with May 2016 November 2016 Nov. 2016 with Aug. 2016 February 2017 Feb. 2017 with Nov. 2016
Subsequently. The entire building was purchased by 826 Newtown Associates, LP (hereinafter referred to as "Prime Landlord").
Subsequently the Borrower has advised the Bank that it expects the charge to Tangible Net Worth to approximate $2,300,000 on a pre-tax basis and $1,200,000 after-tax, with a corresponding negative adjustment to the amount of the Borrower's Tangible Net Worth shown in the Borrower's financial statements previously delivered to the Bank for the Borrower's 1993 fiscal year end.
Subsequently. Golden and coolsavings entered into an Employment Agreement dated as of April 1, 2001 attached hereto as Exhibit B (the "Employment Agreement").