The provisions of Section Sample Clauses

The provisions of Section. 9.1.2 shall not apply to a transfer of all (but not part only) of its holding of shares by a Shareholder to its Holding Company or its Holding Company’s wholly owned Subsidiary, provided that the transferring Shareholder proves to the reasonable satisfaction of the other Shareholder hereunder, that the proposed transferee has comparable financial resources to fulfill its obligations hereunder as the transferring Shareholder. Any shares transferred in accordance with this Section 9.2 shall be transferred back to the original transferring Shareholder if the relationship between the holder of such shares and the original transferring Shareholder ceases to be within the scope of this Section 9.2. In addition, nothing contained herein shall be construed to prohibit, otherwise restrict, or require the consent of a Shareholder, to a change in ownership control of the other Shareholder, or the transfer by a Shareholder of all or substantially all of its assets, and the corresponding transfer of the Shares resulting therefrom.
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The provisions of Section. 1(a) hereof, to the contrary notwithstanding, in the event an employee within a given calendar year is absent on sick leave (see Article X, Section 3 and 4 hereof) two or more times on the work day immediately prior to and/or immediately subsequent to, the holiday (as defined in Section 1 hereof), then for subsequent absences within the subsequent twelve (12) month period, the Department Head may require a medical certificate certifying the employee’s illness on the days in question in order for the employee to be entitled to payment from his sick bank entitlement (Article X, Section 4 hereof) for the absences in question.
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The provisions of Section. 6A(a) of this Exhibit B shall not apply to any Transfer (i) pursuant to or after a Company Public Offering or (ii) pursuant to any other Permitted Transfer, provided that any direct or remote Transferee of Class A Units from a 6A Sponsor Holder in a Transfer prior to a Company Public Offering shall automatically succeed to the rights and obligations of the Transferor thereof under this Section 6A.
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The provisions of Section. 10.2 hereof shall not apply to the transfer of Controlling Shares among shareholders of the Controlling Shareholder, or among any and all of the Persons comprising the Consortium Group, as the case may be, who shall be deemed Permitted Transferees. It is clarified however, that any such transfer shall be subject to the provisions of Section 10.1 hereof and it is further clarified that any portion of the Controlling Shares forming part of the Offered Shares that has not been transferred among shareholders of the Controlling Shareholder, or among any and all of the Persons comprising the Consortium Group, as the case may be, shall be subject to the provisions of Section 10.2 hereof.
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Related to The provisions of Section

  • Amendment of Section 3. The first sentence in Section 3 shall be amended in the entirety to read as follows: This option may be exercised by written notice delivered to the Bank stating the number of shares with respect to which this option is being exercised, together with the purchase price in cash or subject to applicable law, with Bank common stock previously acquired by the optionee and held by the optionee for a period of at least six months.

  • Amendment of Section 6 5.2. Section 6.5.2 of the Credit Agreement is amended to read in its entirety as follows:

  • For purposes of Sections 1.1 and 1.4, the Company shall be the designee of the Fund for receipt of purchase and redemption orders from the Account, and receipt by such designee shall constitute receipt by the Fund; provided that the Company receives the order by 4:00 p.m. Baltimore time and the Fund receives notice of such order by 9:30 a.m. Baltimore time on the next following Business Day. "Business Day" shall mean any day on which the New York Stock Exchange is open for trading and on which the Fund calculates its net asset value pursuant to the rules of the SEC.

  • Amendment of Section 10 1. Section 10.1 of the Note Agreement is amended to read in its entirety as follows:

  • Amendment of Section 7 Paragraph (a) of Section 7 of the Rights Agreement is amended by deleting the word "or" immediately preceding clause (iii) thereof and by adding the following new phrase immediately following clause (iii) thereof: "or (iv) immediately prior to the Effective Time (as defined in the Merger Agreement)."

  • Amendment of Section 5 02. The third paragraph following Section 5.02(a)(vi) is hereby replaced in its entirety with the following: On each Distribution Date, the Trustee, subject to Section 5.01, shall distribute to the Holders of the Class SES Certificates, any Ancillary Income, which shall be treated as paid outside the Lower-Tier REMIC and the Upper-Tier REMIC.

  • Amendment of Section 4 11. The provisions of Section 4.11 of the Indenture are amended by deleting the text of such Section in its entirety and inserting in lieu thereof the phrase “[intentionally omitted]”.

  • Amendment of Section 3 Section 3 of the Employment Agreement is hereby deleted in its entirety and replaced with the following: Term. Unless otherwise terminated in accordance with Sections 8, 9, 10 or 11, the Employment Term shall be for a term ending April 30, 2015. This Agreement shall be automatically renewed for successive additional Employment Terms of one (1) year each unless notice of termination is given in writing by either party to the other party at least thirty (30) days prior to the expiration of the initial Employment Term or any renewal Employment Term.

  • Amendment of Section 8 7. Section 8.7 of the Loan Agreement is hereby amended and restated to read in its entirety as follows:

  • Amendment of Section 9 17. In respect of the 2018 Notes only, the provisions of Section 4.16 of the Indenture are amended by deleting the text of such Section in its entirety and inserting in lieu thereof the phrase “[intentionally omitted]”. Such provisions shall be deemed not to have been deleted in respect of the 2021 Notes.