EIGHT definition
EIGHT and, together with PI, the “Agents”)
EIGHT. No director of the corporation shall be personally liable to the corporation or its stockholders for monetary damages for breach of fiduciary duty as a director notwithstanding any provision of law imposing such liability; provided, however, that, to the extent required by applicable law, this provision shall not eliminate or limit the liability of a director, (i) for any breach of the director's duty of loyalty to the corporation or its stockholders, (ii) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (iii) under Section 61 or 62 or successor provisions of the Massachusetts Business Corporation Law, or (iv) for any transaction from which the director derived an improper personal benefit. This provision shall not eliminate or limit the liability of a director for any act or omission occurring prior to March 18, 1987. No amendment or repeal of this provision shall apply to or have any effect on the liability or alleged liability of any director for or with respect to any acts or omissions of such director occurring prior to such amendment or repeal.
EIGHT. At the Effective Time, in accordance with Section 3-114 of the Maryland General Corporation Law, the separate corporate existence of CPA15 Holdco will cease by virtue of the Merger and without any further action on the part of ▇▇▇▇▇, ▇▇▇▇▇ Holdco, Merger Sub, NewCo REIT or any stockholder of CPA15,CPA15 Holdco, Merger Sub or of NewCo REIT. The manner and basis of converting or exchanging issued stock of the merging corporations into different stock of a corporation or other consideration, and the treatment of any issued stock of the merging corporations not to be converted or exchanged are as follows:
More Definitions of EIGHT
EIGHT. The merger and this Certificate of Merger shall become effective on July 28, 1999.
EIGHT. District contained in section 135.029 of this chapter.
EIGHT means Eight Capital;
EIGHT. BASIC TOLL ANNUAL PAYMENTS COMMENCING FROM APRIL 1, 2002 Starting from April 1, 2002, and until the date when a modification of the present basic toll contract may start to govern, arising as indicated in Article TWELVE, the amount of the basic toll that PEHUENCHE will pay to TRANSELEC will be calculated by considering the following for each one of the power plants thereof:
EIGHT. This Certificate of Merger shall not become effective until , 1997.
EIGHT. The Company may contract with any of the partners. NINTH: The partners agree to distribute the profits and losses pro rata to their contributions. As of December 31 of each year, the Company shall prepare a general balance sheet. The financial statements shall be subject to the partners’ approval. The profits shall be distributed in the opportunity that the partners mutually agree upon.
EIGHT. The PROMISSORY SELLER states that it is obligated to provide the following documents to the PROMISSORY BUYER: Proof of payment of the Capital Gains Tax on the PROPERTY, proof of payment of the property transfer tax, IDAAN Debt Clearance Certificate, Property Tax Clearanc e Certificate, Debt Clearance Certificate from the Ministry of the Economy and Finance for JR BOCAS INVESTMENTS, INC., Minutes of the Special Meeting of Shareholders in which the sale of the PROPERTY was authorized, and Mortgage Cancellation Document, within a term of no more than forty-five (45) days following the signature of this agreement.