Section 1603 definition

Section 1603 means Section 1603 of the American Recovery and Reinvestment Tax Act of 2009, as amended.

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Section 1603 means Section 1603 of the American Recovery and Reinvestment Tax Act of 2009, P. L. 1115 (2009), as amended by Section 707 of the Tax Relief Unemployment Insurance Reauthorization and Job Creation Act of 2010, P. L. 111-312 (2010), including any “Program Guidance” and “Frequently Asked Questions and Answers” provided by the U.S. Department of Treasury.

Section 1603. Original Annual Promotional Charge: Eighteen Thousand Seven Hundred Sixty -Nine and 00/100ths Dollars ($18,769.00). Original annual promotional charge to be paid in monthly installments of One Thousand Five Hundred Sixty-Four and 08/100ths Dollars ($1,564,08).

Examples of Section 1603 in a sentence

• If, except for the provisions of this Section 1603, any Holder of a Security or Securities would be entitled to a fractional share of a security upon the exchange of such Security or Securities, or specified portions thereof, the Company shall pay to such Holder an amount in cash equal to the current market value of such fractional share computed on the basis of an average Closing Price of such security.

• Notice of every meeting of Holders of Notes, setting forth the time and the place of such meeting and in general terms the action proposed to be taken at such meeting, shall be given, in the manner provided in Section 16.03 hereof, not less than twenty-one (21) nor more than 180 days prior to the date fixed for the meeting.

• Notwithstanding any other provision of this Section 16.03, the Company shall not be required to make any adjustment of the Conversion Price unless such adjustment would require an increase or decrease of at least 1% of such price.

• In the event the Hotel is not repaired, rebuilt or replaced, Lessee may terminate this Agreement by written notice to Operator, effective as of the date sent and the parties shall treat such termination as if it were in connection with the sale of the Hotel in accordance with Section 16.03.

• Any adjustments under this Section 16.03 shall be made successively whenever an event requiring such an adjustment occurs.

• Notice of every meeting of Holders of Notes, setting forth the time and the place of such meeting and in general terms the action proposed to be taken at such meeting, shall be given, in the manner provided in Section 16.03, not less than twenty-one (21) nor more than 180 days prior to the date fixed for the meeting.

• Notice of every meeting of Holders of Notes, setting forth the time and the place of such meeting and in general terms the action proposed to be taken at such meeting, shall be given, in the manner provided in Section 16.03, not less than twenty-one (21) nor more than one-hundred and eighty (180) days prior to the date fixed for the meeting.

• The Independent Expert shall be appointed by mutual agreement of the Parties from among candidates with experience and expertise in the area that is the subject of such Dispute, and failing such agreement, such Independent Expert for such Dispute shall be selected in accordance with the Rules (as defined in Subsection (b) of this Section 16.03).

• As promptly as practicable on or after the conversion date, the Company shall issue and shall deliver at such office or agency a certificate or certificates for the number of full shares of Common Stock issuable upon conversion, together with payment in lieu of any fraction of a share, as provided in Section 1603.

• If such senior management have been unable to resolve such Dispute within a period of fifteen (15) calendar days after such meeting, or if such meeting has not occurred within forty-five (45) calendar days following such Dispute arising, then either Party shall have the right, by written notice to the other, to resolve the Dispute through the relevant Independent Expert pursuant to Section 16.03.

More Definitions of Section 1603

Section 1603 means Section 1603 of Division B of the American Recovery and Reinvestment Act of 2009, P.L. 111-5. “Seller ▇▇▇▇” or “Seller Marks” has the meaning set forth in Section 5.7(a). “Seller” has the meaning set forth in the Preamble. “Seller Pension Plan” has the meaning set forth in Section 5.10(i). “Seller Retiree Plans” has the meaning set forth in Section 5.10(h). “Seller’s 401(k) Plans” has the meaning set forth in Section 5.10(j)(i). “Straddle Taxable Period” means any portion of a taxable period beginning on or before the Effective Time and ending after the Effective Time.

Section 1603 has the meaning set forth in the definition for Grant Proceeds.

Section 1603 means Section 1603 of Division B of the American Recovery and Reinvestment Act of 2009, P.L. 111-5.