Examples of LFCM in a sentence
Each of LFCM Holdings and Lazard Group may at any time and for any reason or no reason replace or remove any member appointed by LFCM Holdings or Lazard Group, respectively.
LFCM Holdings shall pay to Lazard Group the Lazard Referral Fee and Unreimbursed Lazard Referral Expenses by wire transfer of immediately available funds in United States dollars to an account specified by Lazard Group promptly (and in no event later than five (5) business days) after any LFCM Company is paid the Revenue by the applicable client in respect of a Lazard Referred Opportunity.
Lazard Group and LFCM Holdings are sometimes referred to herein individually as a “Party” and collectively as the “Parties”.
Upon the request of Lazard Group, LFCM Holdings shall cause LCM to provide all information relating to any proprietary and employee account of LF&Co and its Subsidiaries at LCM described in clause (i) of this Section 2.4 if, in the opinion of Lazard Group, such information is necessary to comply with applicable law or regulation.
Notwithstanding anything to the contrary set forth in Section 2.2(a), (b), (c) or (d), no LFCM Company shall have the right to undertake or engage or participate in any underwriting or distribution of equity, debt or convertible securities without the prior approval of at least two-thirds of the members on the Underwriting Committee.
Xxxxxx, X.X., Gorrée, M., Heijungs, R., Huppes, G., Kleijn, R., xx Xxxxxx, A., van Oers, L.F.C.M., Sleeswijk, A.W., Suh, S., Xxx xx Xxxx, H.A., de Brujin, H., xxx Xxxx, R., Huijbregts, M.A.J., 2002.
In consideration of the referrals described in Section 2.3(a), Lazard Group shall pay to LFCM Holdings a customary finders’ fee as Lazard Group and LFCM Holdings shall mutually agree for each Financial Advisory or Asset Management Opportunity referred by an LFCM Company for which any Lazard Group Company is engaged.
Half of the members of the Underwriting Committee shall be appointed by LFCM Holdings and the other half of the members of the Underwriting Committee shall be appointed by Lazard Group.
For purposes of clarity, nothing in this Agreement shall require any LFCM Company to accept, effect or participate in any underwriting or public distribution of equity, debt or convertible securities in respect of any Underwriting and Distribution Opportunity.
To exercise the European Option, Lazard Group shall deliver a written notice (the “European Option Notice”) to LFCM Holdings setting forth (a) that Lazard Group is exercising the European Option and (b) the date, time and location of the purchase and sale of all of the issued shares in the share capital of LAI Europe pursuant to the exercise of the European Option; provided, however, that such date shall be at least 45 business days after the European Option Notice is delivered to LFCM Holdings.