Promptly upon identification of each Primary Candidate Site and any alternate candidate Sites in a Search Ring that complies with the requirements of Section 4.1 below, Contractor shall provide a Site Package in the form attached hereto as Attachment 9 for each Primary Candidate Site in such Search Ring containing all required information available at such time. Such Site Packages shall be updated by Contractor as the Work progresses. Upon Acceptance of a City, the Site Package for each Site in such City shall contain complete information on all items required by Attachment 5 hereto. In the event that an alternate candidate Site becomes a Primary Candidate Site, Contractor shall promptly provide a Site Package for such candidate Site and update and finalize the Site Package in accordance with this Section 2.8.
Promptly upon receipt by the Company or any of its Subsidiaries of any Net Proceeds from an Asset Sale, the Borrowers shall pay to the Agent 100% of such Net Proceeds which Net Proceeds shall be applied to the outstandings under the Loans in the following order: first to interest (other than the Interest Differential) and fees then due and owing under the Agreement, second to amounts outstanding under the Overadvance Loans, third to the Interest Differential, if any is then payable, fourth to amounts outstanding under the Tranche B Loans and fifth to amounts outstanding under the Tranche A Loans."
Promptly upon such notice, the Members shall act to form an additional limited liability company pursuant to an operating agreement in form and substance substantially similar to this Agreement, with appropriate modifications to the Members' membership interests in such limited liability company and such other changes as are necessary or appropriate to reflect the terms and conditions applicable to the acquired interest as contemplated in this Agreement, in which Crown or Crown Parent shall have the option, though not the obligation, of acquiring (and making a like share of all capital contributions) up to (i) a 50% sharing ratio if the applicable AMI Opportunity relates primarily to or is designed for the production of and sale of asphalt or performance grade asphalt, or (ii) a 66b% sharing ratio if the AMI Opportunity relates to the production of synthetic crude oil, diesel fuel or any other opportunity, and MCNIC shall acquire the balance of the sharing ratio. Following the formation of the foregoing limited liability company, the Acquiring Member shall convey or cause its Affiliate to convey to the newly formed entity all of the Acquiring Member's (or its Affiliate's) interest in the AMI Opportunity, free and clear of all Encumbrances arising by, through or under the Acquiring Member (or its Affiliate) other than those to which the Nonacquiring Member has agreed. The newly formed entity shall promptly pay to the Acquiring Member the latter's actual out-of-pocket acquisition costs.
Examples of Promptly upon in a sentence
Promptly upon written request by the Company, the Depositary shall furnish to it a list, as of a recent date, of the names, addresses and holdings of ADSs of all Holders.
Promptly upon each sale of Securities by the Fund, Written Instructions shall be delivered to the Custodian, specifying (i) the name of the issuer or writer of such Securities, and the title or other description thereof, (ii) the number of shares, principal amount (and accrued interest, if any), or other units sold, (iii) the date of sale and settlement, (iv) the sale price per unit, (v) the total amount payable upon such sale, and (vi) the person to whom such Securities are to be delivered.
Promptly upon request by the Company, the Depositary shall, at the expense of the Company, furnish to it a list, as of a recent date, of the names, addresses and holdings of American Depositary Shares by all persons in whose names American Depositary Shares are registered on the books of the Depositary.
Promptly upon receiving such written notice, the Company shall present copies thereof to the Company’s counsel.
Promptly upon written request by the Company, the Depositary shall, at the expense of the Company, furnish to it a list, as of a recent date, of the names, addresses and holdings of American Depositary Shares by all persons in whose names Receipts are registered on the books of the Depositary.
More Definitions of Promptly upon
Promptly upon obtaining knowledge thereof, the Assignors will notify the Bank in writing of the institution of, or any final adverse determination in, any proceeding in the PTO or any similar office or agency of the United States or any foreign country, or any court, regarding the validity of any of the Patents or the Assignors' rights, title or interests in and to any of the Patent Collateral, and of any event which does or reasonably could materially adversely affect the value of any of the Patent Collateral, the ability of the Assignors or the Bank to dispose of any of the Patent Collateral or the rights and remedies of the Bank in relation thereto (including, but not limited to, the levy of any legal process against any of the Patent Collateral).
Promptly upon obtaining knowledge thereof give notice to the Lender of:
Promptly upon the Borrower's obtain- ing knowledge of the institution of, or written threat of, any action, suit, proceeding, governmental investigation or arbitra- tion against or affecting the Borrower or any Subsidiary of the Borrower or any of the Property not previously disclosed pursuant to Section 7.01(j), which action, suit, proceeding, governmental investigation or arbitration exposes, or in the case of multiple actions, suits, proceedings, governmental investiga-tions or arbitrations arising out of the same general allegations or circumstances which expose, in the Borrower's reasonable judgment, the Borrower and/or any Subsidiary of the Borrower to liability in an amount aggregating $5,000,000 or more (exclusive of claims covered by insurance policies of the Borrower and the Borrower's Subsidiaries unless the insurers of such claims have disclaimed coverage or reserved the right to disclaim cover-age on such claims), the Borrower shall give written notice thereof to the Collateral Agent and the Lenders and provide such other information as may be reasonably available to enable each Lender and the Collateral Agent and its counsel to evaluate such matters. The Borrower, upon request of the Collateral Agent or the Requisite Lenders, shall promptly give written notice of the status of any action, suit, proceeding, governmental investigation or arbitration covered by a report delivered in accordance herewith and provide such other information as may be reasonably available to it to enable each Lender and the Collateral Agent and its counsel to evaluate such matters.
Promptly upon final determination of the Closing Inventory Value, the Sellers shall pay to Buyer in cash the amount (if any) by which the Closing Inventory value is less than $750,000 or, at Sellers' option, shall notify Buyer in writing to offset such amount against the Buyer shares held by Buyer pursuant to Section 2.3(a)(iii).
Promptly upon an officer of the Borrower becoming aware thereof, the Borrower shall give CIT notice of any event or condition giving rise to a Material Adverse Effect.
Promptly upon obtaining knowledge thereof, the Indemnified Party shall notify the Indemnifying Party of any cause which the Indemnified Party has determined has given or could give riser to indemnification under this Article 8. The omission so to notify the Indemnifying Party shall not relieve the Indemnifying Party from any duty to indemnify and hold harmless which otherwise might exist with respect to such cause unless (and only to that extent) the omission to notify materially prejudices the ability of the Indemnifying Party to exercise its right to defend provided in this Article 8.
Promptly upon any Responsible Officer of Holdings or the Borrower obtaining knowledge thereof, notify the Administrative Agent (and the Administrative Agent shall promptly provide copies of such notices to the Lenders):