Examples of Proposed Variation in a sentence
In the event of an Adjustment Event or a Variation, a Party ( Proposing Party) may notify the other Party (Non-Proposing Party) of a proposal to vary the area of the Extension Land (Proposed Variation) (which proposal must include details of the variation, the reasons for the variation and any alternatives to that variation) to the extent required as a result of the Adjustment Event or a Variation.
The Parties must meet to discuss a Proposed Variation within ten Business Days after a notice is given under clause 3.3(a) (or such longer period as agreed by the Parties, acting reasonably).
Pursuant thereto, the Board had on 25 November 2009 announced that FBO and the New Guarantors had on even date entered into the second supplemental agreement to set out the terms and conditions of the Proposed Variation.
Kyoto University receives from the United States Patent and Trademark Office its first patent for induced pluripotent stem cell (iPSC) technology.
If the Non-Proposing Party does not give a notice under clause 3.3(c)within the time period specified in clause 3.3(c), then theNon-Proposing Party is taken to consent to the Proposed Variation.
If the Non-Proposing Party does not give a notice under clause 3.3(c) within the time period specified in clause 3.3(c), then the Non- Proposing Party is taken to consent to the Proposed Variation.
If no such notice is received then the Customer Contract will be amended to reflect the Proposed Variation.
As such, the conversion of the Convertible Bonds after the Proposed Variation has come into effect will give rise to an obligation on the Concert Group to make a mandatory general offer for all the securities of the Company not already owned or agreed to be acquired by the Concert Group under Rule 26 of the Takeovers Code by virtue of the increase of the Concert Group’s collective voting rights by more than 2%, unless a waiver is granted by the Executive.
If the Non-Proposing Party consents (or is deemed to consent) to a Proposed Variation which proposes to vary the area of the Extension Land to include any Additional Land, then, subject to clause 3.4(b), the Landholder must, at its cost, use its reasonable endeavours to secure the Additional Land Interest in respect of that Additional Land which is most appropriate having regard to the nature and extent of the Proposed Variation.
Additional Land Interest means such freehold, leasehold or other right or interest in the Additional Land as necessary for the Additional Land (or such part of it as is required for the Proposed Variation) to form part of the Extension Land.