Required Reserve Amount So long as this Warrant remains outstanding, the Company shall at all times keep reserved for issuance under this Warrant a number of shares of Common Stock at least equal to 100% of the maximum number of shares of Common Stock as shall be necessary to satisfy the Company’s obligation to issue shares of Common Stock under the Warrants then outstanding (without regard to any limitations on exercise) (the “Required Reserve Amount”); provided that at no time shall the number of shares of Common Stock reserved pursuant to this Section 1(g) be reduced other than in connection with any exercise of Warrants or such other event covered by Section 2(c) below. The Required Reserve Amount (including, without limitation, each increase in the number of shares so reserved) shall be allocated pro rata among the holders of the Warrants based on the number of shares of Common Stock issuable upon exercise of Warrants held by each holder thereof on the Issuance Date (without regard to any limitations on exercise) (the “Authorized Share Allocation”). In the event that a holder shall sell or otherwise transfer any of such holder’s Warrants, each transferee shall be allocated a pro rata portion of such holder’s Authorized Share Allocation. Any shares of Common Stock reserved and allocated to any Person which ceases to hold any Warrants shall be allocated to the remaining holders of Warrants, pro rata based on the number of shares of Common Stock issuable upon exercise of the Warrants then held by such holders thereof (without regard to any limitations on exercise).
Additional Reserve Costs (a) If and so long as any Lender is required after the date hereof to make special deposits with the Bank of England, to maintain reserve asset ratios or to pay fees, in each case in respect of such Lender’s Eurocurrency Loans in any Designated Foreign Currency, such Lender may require the relevant Borrower to pay, contemporaneously with each payment of interest on each of such Loans, additional interest on such Loan at a rate per annum equal to the Mandatory Costs Rate calculated in accordance with the formula and in the manner set forth in Exhibit C hereto.
Additional Reserve Requirements The Company shall pay (or cause the applicable Designated Borrower to pay) to each Lender, (i) as long as such Lender shall be required to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency funds or deposits (currently known as “Eurocurrency liabilities”), additional interest on the unpaid principal amount of each Eurocurrency Rate Loan equal to the actual costs of such reserves allocated to such Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), and (ii) as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement of any other central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate Loans, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided the Company shall have received at least 10 days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 days from receipt of such notice.
Funding Availability This Contract is at all times subject to state appropriations. The Department makes no express or implied representation or guarantee of continued or future funding under this Contract. The Department has, as of the date of the execution of this Contract, obtained all requisite approvals and authority to enter into and perform its obligations under this Contract, including, without limitation, the obligation to make the initial payment or payments required to be made under this Contract on the date or dates upon which such initial payment or payments may otherwise be disbursed during the current contract period, (i.e., Sept ember 1, 2015, through August 31, 2017). The Grantee acknowledges the Department’s authority to make such payments is contingent upon the Texas Legislature's appropriation to the Department of sufficient funds and the availability of funds to the Department for such purpose. If the State of Texas or the federal government terminates its appropriation through the Department or fails to pay the full amount of the allocation for the operation of any grant or reimbursement program hereunder , or the funds are otherwise unavailable, the Department may immediately and without penalty reduce payments or terminate this Contract, in whole or in part. Upon termination of the Contract or reduction of payments, the Grantee shall return to the Department any unexpended funds already disbursed to the Grantee. Neither the Department nor the State of Texas shall incur liability for damages or any loss that may be caused or associated with such termination or reduction of payments. The Department shall not be required to give prior notice for termination or reduction of payments.
Minimum Current Ratio Permit the Current Ratio at the end of any fiscal quarter to be less than 1.00 to 1.00.
Liquidity Ratio A Liquidity Ratio of at least 1.50 to 1.00.
Market Capitalization At the time the Registration Statement was or will be originally declared effective, and at the time the Company’s most recent Annual Report on Form 10-K was filed with the Commission, the Company met or will meet the then applicable requirements for the use of Form S-3 under the Securities Act, including, but not limited to, General Instruction I.B.1
Availability Reserves All Revolving Loans otherwise available to Borrower pursuant to the lending formulas and subject to the Maximum Credit and other applicable limits hereunder shall be subject to Lender's continuing right to establish and revise Availability Reserves.
RESERVE PRICE The subject property will be sold “as is where is basis” and subject to a reserve price of RM 121,500.00 (RINGGIT MALAYSIA: ONE HUNDRED TWENTY ONE THOUSAND AND FIVE HUNDRED ONLY) subject to the Conditions of Sale and by way of an Assignment from the above Assignee subject to consent being obtained by the successful bidder (“the Purchaser”) from the relevant authorities, if any, including all terms, conditions, stipulation and covenants which were and may be imposed by the relevant authority. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne solely by the successful bidder (“the Purchaser”).Online bidders are further subject to the Terms & Conditions on xxx.xxxxxxxxxxxxxxxx.xxx All intending bidders are required to deposit 10% of the fixed reserve price by bank draft / cashier’s order only in favour of RHB Islamic Bank Berhad prior to the auction sale with the undermentioned Auctioneer and the balance of the purchase price together with sales and service tax (SST) and/or any other tax that replace SST is to be settled within ninety (90) days from the date of auction to RHB Islamic Bank Berhad via XXXXXX. Detail of payment via XXXXXX, please liaise with Messrs Xxxx & Co. For further particulars, please contact MESSRS XXXX & CO, Solicitors for Assignee herein whose address is at Xxxx 0-0, Xxxxx 0, Tower B, Vertical Business Suite, Avenue 0, Xxxxxxx Xxxxx, Xx. 0, Xxxxx Xxxxxxxx, 00000 Xxxxx Xxxxxx. Tel: 00-0000000 / 00-0000 0000 / Fax: 00-0000 0000 [Ref: GCKL/RHBISL/P5304/20/siti ] or under mentioned Auctioneer. RAJAN AUCTIONEERS SDN. BHD. X. XXXXX Xx.00X, Xxxxxxx Xxxx, Xxxxx Xxxx Xxxxxx, ( Licensed Auctioneer ) 00000 Xxxxx , Xxxxxxxx Xxxxx Xxxxx H/P : 000-0000000 Tel : 00-00000000 / Fax: 00-00000000 H/P : 012-2738109 Our Ref: RA/RHBI/GC/KL/4029-23(sri) PERISYTIHARAN JUALAN DALAM PERKARA PERJANJIAN “DIMINISHING MUSHARAKAH CO-OWNERSHIP”, PERJANJIAN IJARAH, PENYERAHAN HAK PIHAK PERTAMA, PERJANJIAN AGENSI PERKHIDMATAN XXX AKUJANJI BELIAN KESEMUANYA BERTARIKH 12HB NOVEMBER 2014 ANTARA RHB ISLAMIC BANK BERHAD ( CO.NO.200501003283/680329-V ) PIHAK PEMEGANG XXXXX XXX/BANK XXX XXXX XXXXXXXXXX BIN XXXXXX (XX.XX: 870122-03-5201) PIHAK PENYERAH HAK/ PELANGGAN Dalam menjalankan xxx xxx kuasa xxxx diberi kepada Pihak Pemegang Serah xxx xxx di bawah Perjanjian “Diminishing Musharakah Co- Ownership”, Perjanjian Ijarah, Penyerahan Hak Pihak Pertama, Perjanjian Agensi Perkhidmatan Xxx Xxxxxxxx Xxxxxx kesemuanya bertarikh 12hb November 2014, didaftarkan diantara Pihak Pemegang Serah Xxx xxx Pihak Penyerah Xxx xxx dalam Perjanjian Jual Beli di antara Pihak Penyerah Xxx xxx First Paper Mill Sdn Berhad (“Tuanpunya”) bertarikh 19hb June 2014, adalah dengan ini diisytiharkan bahawa Pihak Pemegang Xxxxx xxx dengan dibantu oleh Xxxxxxxx yang tersebut di bawah. AKAN MENJUAL HARTANAH YANG DIPERIHALKAN DI BAWAH MELALUI LELONGAN AWAM PADA HARI RABU, 19HB APRIL 2023 PADA JAM 10.30 PAGI, DI RAJAN AUCTIONEERS SDN BHD, XX.00X, XXXXXXX XXXX, XXXXX XXXX XXXXXX, 00000 XXXXX, XXXXXXXX XXXXX XXXXX.
Funded Debt Ratio Maintain its Funded Debt Ratio at not greater than (a) 3.75 to 1.00 at each fiscal quarter ending through and including December 31, 2003, (b) 3.50 to 1.00 as of March 31, 2004 and June 30, 2004, (c) 3.00 to 1.00 as of September 30, 2004, (b) 2.50 to 1.00 as of December 31, 2004 and at each fiscal quarter ending thereafter through and including September 30, 2005, and (c) 2.00 to 1.00 as of December 31, 2005 and as of each fiscal quarter ending thereafter.