Site Specific EHS Induction definition
Examples of Site Specific EHS Induction in a sentence
In the event that, at any time prior to the first anniversary of the Closing, there is any Disposition (as defined below in this Section) or any agreement or arrangement for the making of a Disposition, Buyer shall pay to Seller fifty percent (50%) of the Excess Disposition Proceeds (as defined below in this Section) of the Disposition.
The parties hereby agree and acknowledge that payment of the Primary Pay-Off Amount is not contingent, shall be payable in full on the Pay-Off Date and shall not be calculated by determining the lesser of (A) the Primary Excess Disposition Proceeds (as defined in the Note) plus the Secondary Pay-Off Amount and (B) the Maximum Amount (as defined in the Note).
Within 20 Business Days after the ------------------------ termination (by payment or expiration) of all indemnity obligations with respect to a particular Disposition, the Company shall deliver to the Trustee (i) an Officer's Certificate identifying the amount of any Final Excess Disposition Proceeds Deposit Adjustment with respect to such Disposition (if applicable), and (ii) an Accountants' Certificate.
For the avoidance of doubt, upon the completion of any Excess Disposition Offer, Excess Disposition Proceeds will be reset at zero, and any Excess Disposition Proceeds remaining after giving effect to the consummation of such Excess Disposition Offer may be used for any purpose not otherwise prohibited in this Indenture.