Sixth Paragraph definition

Sixth Paragraph. In bank transfers, CAFECERT’s Client must ensure that any charge is assumed by them, however, if by mistake or other circumstance in the transfer it is omitted to indicate that all charges are assumed by the transferor, CAFECERT may request the reimbursement of the charge that has been assumed, and will not grant the certification until it is cancelled by the client and is free and clear with CAFECERT.
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Sixth Paragraph. With certain exceptions, no adjustment in the Purchase Price will be required until cumulative adjustments require an adjustment of at least 1% in such Purchase Price. No fractional shares will be issued (other than fractional shares which are integral multiples of one two-hundredth of a Preferred Share) and, in lieu thereof, an adjustment in cash will be made based on the market price of the Preferred Stock on the last trading date prior to the date of exercise."
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Sixth Paragraph. Add the following at the end of the paragraph: "Notwithstanding anything to the contrary in this Note or in any other document, upon the VergeTech Conversion, (a) all payment obligations under this Note shall revert exclusively to issuance of shares of Common Stock rather than cash, and (b) the amount of shares of Common Stock to be issued to the Lenders shall equal for both Notes issued under the May 31, 2001 Loan Agreement and all conversion rights under the Certificate of Designation of the Series B Preferred, a total of 30% of the issued and outstanding shares of Common Stock of the Corporation on a fully diluted basis immediately following the closing of the asset purchase transaction between the Corporation and VergeTech, Inc., including the dividend and options therein, and taking into account common shares issued to either Lender, pursuant to conversions under the Series B Preferred or the Notes, after the date of such closing."
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Examples of Sixth Paragraph in a sentence

  • II) R$ 22,681,813.50 (twenty two million, six hundred eight one thousand, eighty hundred and thirteen Reais and fifty cents) in 15(fifteen) monthly and successive installments calculated according to the formula presented in Sixth Paragraph of AMENDMENT n.

  • SECOND ------ PARCELS OF CREDIT AND DEADLINE FOR AMORTIZATION ----------------------------------------------- The main of the debt resulting from the CONTRACT must be paid to BNDES in the following manner: I) R$ 78,085,179.07 (seventy eight million, eight five thousand, one hundred seventy nine Reais and seven cents) in 67 (sixty seven) monthly and successive installments, calculated according to the formula presented in Sixth Paragraph of AMENDMENT n.

  • II) R$ 34,365,022.20(thirty four million, three hundred sixty five thousand, twenty two Reais and twenty cents) in 11(eleven) monthly and successive installments calculated according to the formula presented in Sixth Paragraph of AMENDMENT n.

  • I) R$ 131,861,224.16 (one hundred thirty one million, eight hundred sixty one thousand, two hundred twenty four reais and sixteen cents) in 59 (fifty nine) monthly and successive installments, calculated according to the formula presented in Sixth Paragraph of AMENDMENT n.

  • Sixth Paragraph: In all events in which THE PROMISSORY SELLER shall deliver works to THE PROMISSORY BUYER, a DELIVERY AND RECEPTION of works document shall be prepared and signed by THE PARTIES, indicating the date on which the delivery takes place, the quantity and quality of the works received and if such do or do not fulfill the requirements for the delivery of such, in the terms of the license issued and in the terms of this agreement.

  • The PKS Certificate provides (in Article Sixth, Paragraph (L)) that holders of Class D Shares have the right to require PKS to purchase such shares at the then current Class D Per Share Price thereof; such right is herein called the "Put Right." Except as provided for in the next sentence, Employee hereby waives the right to exercise the Put Right during the Relevant Period.

  • Sixth Paragraph - The Party that for any reason frustrates or impedes the initiation of the court of arbitration, be it not adopting the necessary arrangements within the due period, or be it forcing the other party to adopt the measures foreseen in Article 7 of Federal Law n.


More Definitions of Sixth Paragraph

Sixth Paragraph. If Lessee, without just cause, fails to sign the TRAF within the term of fifth paragraph, this agreement shall be terminated by operation of law, applying the provisions of Clause 22 below. Seventh paragraph - If the supplier for any reason fails to deliver Goods ordered within time enabling the signature of TRAF in the form above, or to perform insolvency or bankruptcy or recovery in violation of the order requirements although the lack of strength arises of and even because of major and unforeseeable or unanticipated circumstances, Lessor shall be relieved of the lease and Lessee will reimburse the total amount of disbursements first made duly adjusted and accrued by the commitment fee and other contractual provisions charges. Eighth paragraph - Lessor reserves the right at any time to consider Goods excluded from the Contract that are not timely delivered and agree upon signature of TRAF. If Lessor opts to delete, Lessee must indemnify it in the act of disbursements properly updated, and pay its commitment fees calculated in the field "06" of Table "V" of the preamble to the effective date of repayment for Goods deleted of the agreement.
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