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.
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.
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.
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.

Related to The provisions of Section

  • Amendment of Section 1(a). Section 1(a) of the Rights Agreement is amended to add the following sentence at the end thereof: "Notwithstanding anything in this Rights Agreement to the contrary, neither Parent nor Merger Sub, nor any Affiliate or Associate of Parent or Merger Sub, shall be deemed to be an Acquiring Person solely by virtue of (i) the execution and delivery of the Merger Agreement or the Option Agreement, (ii) becoming the Beneficial Owner of Company Common Stock (as defined in the Merger Agreement) pursuant to the Merger Agreement or the Option Agreement, or (iii) the consummation of the Merger, the exercise of the Option, or the consummation of the other transactions contemplated in the Merger Agreement or the Option Agreement."

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

  • The following sections of Section 4 OGS Centralized Contract Terms and Conditions have been renumbered as depicted in the following chart: Current Amended Section Title 4.25 4.26 Severability 4.26 4.27 Entire Agreement

  • 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 06. Pursuant to Section 9.02 of the Existing Indenture, Section 4.06 of the Existing Indenture is hereby amended and restated in its entirety to read as follows:

  • 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 1. Section 8.1 of the Agreement is hereby amended and restated to read in its entirety as follows: