Increasing Party definition

Increasing Party has the meaning specified in Section 10.20.
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Increasing Party shall have the meaning set forth in section 9.6.
Sample 1

Examples of Increasing Party in a sentence

  • Furthermore, the extent to which the full complexity of compliance and accompanying risk management has been passed to FAs and SGRs remains a concern, and it has been established that the EE should more intentionally ensure that compliance requirements are met in ways that are appropriate to the styles and capacities of SGRs19.

  • It is not aware of any material adverse facts or information that could materially and adversely affect the decision of the Capital Increasing Party with respect to this Capital Increase.

  • Pursuant to the terms and conditions of this Agreement, upon the delivery, the Target Company shall increase its registered capital by RMB62,448,980 (the "Capital Increase Amount"), which shall be subscribed in full by the Capital Increasing Party in accordance with the Subscription Price set out in paragraph 2.3 (the "Capital Increase").

  • Prior to or on the date of this Agreement, Zhejiang Jichuang and Ningbo Viridi have the right to provide a disclosure letter (Appendix 3) to the Capital Increasing Party.

  • As consideration for this Capital Increase, the Capital Increasing Party shall pay an aggregate amount of RMB860,696,832 (the "Subscription Price") to the Target Company in accordance with the provisions of paragraph 4.2. According to the Appraisal Report issued by Vigers Asset Appraisal Consultants Limited, the appraisal price of 100% equity interest in the Target Company as of April 30, 2021 was RMB[***].

  • Upon completion of the Capital Increase, the registered capital of the Target Company shall be changed to RMB122,448,980, of which Zhejiang Jichuang shall hold a forty-nine percent (49%) interest in the registered capital of the Target Company and the Capital Increasing Party shall hold a fifty-one percent (51%) interest in the registered capital of the Target Company.

  • On the date of signing this Agreement, either by itself or by its advisors, the Capital Increasing Party has prudently completed due diligence, that is, it has conducted all necessary analyses and investigations on the Target Company and its assets, business and share owners, and has voluntarily signed this Agreement as it is satisfied with the with the results of the due diligence.

  • Special indemnity The Target Company undertakes to indemnify and hold harmless the Capital Increasing Party from any loss, damage, cost, expense, liability or claim arising from any defect, non-compliance, or any obligation and liability to third parties due to: (for the avoidance of doubt, any loss, damage, expense, etc.

  • EAP must issue to the Increasing Party that number of Shares which is equivalent to the additional contribution made by the Increasing Party in excess of its Equity Proportion, with the intent that the Equity Proportion of a Shareholder is at all times as near as possible equivalent to that proportion (expressed as a percentage) which the total amount of share capital provided by that Shareholder to EAP bears to the total amount of share capital provided by all Shareholders.

  • If after ten days from the receipt of the Notice the Reducing Shareholder has still failed to contribute the amount specified in the Notice, the Non-Reducing Shareholder may, but is not required to, elect to contribute an amount not exceeding the amount specified in the Notice, by written notice to EAP within 30 days of the Notice, in which case the Equity Proportion of that Shareholder ("Increasing Party") will be increased in accordance with this Article 9.

Related to Increasing Party

  • Increasing Bank has the meaning specified in Section 2.6(a).

  • Increasing Lender has the meaning specified in Section 2.18(b).

  • Consenting Party means a Party who agrees to participate in and pay its share of the cost of an Exclusive Operation.

  • Purchasing Party means CIG Media LLC, NBC Universal, Inc. and their respective Affiliates.

  • Releasing Party has the meaning set forth in Section 7.9.

  • Incremental Commitment means an Incremental Term Loan Commitment or an Incremental Revolving Facility Commitment.

  • Existing Commitment shall have the meaning provided in Section 2.17.

  • Additional Commitment means any commitment hereunder added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in substantially the form of Exhibit P (appropriately completed, and with such modifications as may be reasonably satisfactory to the Administrative Agent) executed and delivered in accordance with Section 2.15.

  • Initial Commitment means, as to the Lender, its obligation to make an Initial Loan to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite the Lender’s name in Schedule 1.01A under the caption “Initial Commitment”, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.14). The initial aggregate amount of the Initial Commitments is $75,000,000.

  • Affected Parties means independent firms described in Article 2 that create a multiple employer workplace;

  • Settling Party means any one of, and “Settling Parties” means all of, the parties to the Stipulation, namely Defendants and Plaintiffs (on behalf of themselves and the Settlement Class).

  • Commitment Increase Agreement has the meaning assigned to such term in Section 2.20.

  • Incremental Lender means an Incremental Revolving Lender or an Incremental Term Lender.

  • Secured Party Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit H.

  • Other Parent means an individual who, in common with a deploying parent, is:

  • Commitment Increase has the meaning specified in Section 2.18(a).

  • Additional Party means any employee, worker, agent or sub-contractor of the Company, or anyone entitled to an indemnity, reimbursement or contribution from the Company in respect of a claim by an Interested Party.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Financing Party means any and all Persons, or the agents or trustees representing them, providing senior or subordinated debt or tax equity financing or refinancing (including letters of credit, bank guaranties or other credit support).

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Commitment Parties means the “Commitment Parties” as defined in the Commitment Letter.

  • Settling Parties means Settling Defendants and Plaintiffs.

  • Incremental Term Lender means a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term Loan.