DURATION AND TERMS Sample Clauses

DURATION AND TERMS. The Escrow Property shall be held and disbursed by the Indemnity Escrow Agent in accordance with the terms of an Indemnity Escrow Agreement substantially in the form attached hereto as Annex III. The Indemnity Escrow Agent shall hold the Escrow Property pursuant to the Indemnity Escrow Agreement until the later of: (a) the first anniversary of the Merger Effective Date; and (b) the resolution of any claim for indemnification or payment that is pending on the first anniversary of the Merger Effective Date, but only to the extent of the amount of such pending claim.
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DURATION AND TERMS. The Escrow Property shall be held and disbursed by the Escrow Agent in accordance with the terms of an Escrow Agreement substantially in the form attached hereto as Exhibit A. The Escrow Agent shall hold the Escrow Property pursuant to the Escrow Agreement until the later of the (a) fifth anniversary of the date of the Escrow Agreement (the "Escrow Termination Date"); and (b) the resolution of any claim for indemnification or payment that is pending after the Escrow Termination Date, but only to the extent of the amount of such pending claim and only to the extent such claim may be satisfied out of the Escrow Property pursuant to the Escrow Agreement.
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DURATION AND TERMS. The Escrow Property shall be held and disbursed by the Indemnity Escrow Agent in accordance with the terms of an Indemnity Escrow Agreement substantially in the form attached hereto as Annex IV. Any claim pursuant to Section 10 herein shall be first recovered from the Indemnity Escrow. The Indemnity Escrow Agent shall hold the Escrow Property pursuant to the Indemnity Escrow Agreement until the later of: (a) November 30, 2001; and (b) the resolution of any claim for indemnification or payment that is pending on November 30, 2001, but only to the extent of the amount of such pending claim; provided, however, the Indemnity Escrow Agent shall disburse to the Stockholders on the First Anniversary Date (the "First Anniversary Escrow Disbursement") a portion of the Escrow Property equal to $10,000,000 plus interest thereon (after deducting the applicable dollar amounts under clauses (i) and (ii) for purposes of calculating such interest) through such date, minus (i) the Disputed Amounts as of the First Anniversary Date, (ii) the amounts of any claims of UniCapital or its officers, stockholders, directors, divisions, subdivisions, affiliates, subsidiaries, parents, agents, employees, successors and assigns (collectively, the "Affiliates") under Sections 10.1 and 10.2, which as of the First Anniversary Date are unpaid or unresolved, and (iii) the amounts, if any, theretofore disbursed from the escrow. In the event the First Anniversary Escrow Disbursement is made, it shall be comprised of 50% in cash and 50% in UniCapital Stock, with such stock valued at the average of the closing prices per share of UniCapital Stock as reported by the New York Stock Exchange for the 10 trading days ending on and including the third trading day prior to the First Anniversary Date.
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DURATION AND TERMS. 7 4.3 Indemnity Escrow Voting and Investment..........................................................8 5. CLOSING..................................................................................................8 5.1 Location and Date...............................................................................8 5.2 Effect..........................................................................................8
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DURATION AND TERMS. The Escrow Property shall be held and disbursed by the Indemnity Escrow Agent in accordance with the terms of an Indemnity Escrow Agreement substantially in the form attached hereto as Annex III. The Indemnity Escrow Agent shall hold the Escrow Property pursuant to the Indemnity Escrow Agreement until the later of: (a) the first anniversary of the Merger Effective Date; or (b) the resolution of any claim for indemnification or payment that is pending on the first anniversary of the Merger Effective Date, but only to the extent of the amount of such pending claim; provided, however, that the Indemnity Escrow Agent shall hold the Additional Escrow Property pursuant to the Indemnity Escrow Agreement until the earlier of: (a) such time as the limitations period has run for all tax periods ended on or prior to the Merger Effective Date; or (b) a final and conclusive Closing Agreement has been entered into with the Internal Revenue Service with respect to all tax periods ended on or prior to the Merger Effective Date.
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DURATION AND TERMS. The Indemnity Escrow Property shall be held and disbursed by the Escrow Agent in accordance with the terms of an Indemnity Escrow Agreement substantially in the form attached hereto as ANNEX II. The Escrow Agent shall hold the Cash Security pursuant to the Escrow Agreement until the later of: (a) 6 months after the Merger Effective Date; and (b) the resolution of any claim for indemnification or payment that is pending 6 months after the Merger Effective Date, but only to the extent of the recoverable amount of such pending claim. The Escrow Agent shall hold the Indemnity Escrow Shares pursuant to the Escrow Agreement until the later of: (a) 18 months after the Merger Effective Date; and (b) the resolution of any claim for indemnification or payment that is pending 18 months after the Merger Effective Date, but only to the extent of the amount of such pending claim.
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DURATION AND TERMS. Service fee €0.20/kWhr (Units) Access fee (1) 16 Amp €5.95/Month 32 Amp €12.00/Month Cash guarantee €100.00 Contract fee €50.00/One time charge Reconnection/Reactivation fee €25.00 RFid card charge (2) €50.00
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DURATION AND TERMS. 6.1. The agreement becomes valid from the moment of its signing by the Parties.
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DURATION AND TERMS. This Agreement and Lease shall be in effect from the day of , , at 12:00 a.m. (midnight) until the day of , , at 11:59 p.m. in consideration of rental in the amount of $1.00 (One Dollar) to be paid by the Tenant to the Landlord prior to occupancy. There are no other obligations incident to the use of the demised premises. For the Landlord: For the Tenant:
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Related to DURATION AND TERMS

  • Formation and Term The Company was formed as a Delaware limited liability company on September 7, 2012. The term of the Company shall continue until the Company is dissolved and its affairs wound up in accordance with the provisions of this Agreement.

  • Duration and Termination This Agreement shall become effective on July 21, 2015 and shall continue in effect until February 28, 2017, and thereafter, only if such continuance is approved at least annually by a vote of the Board, including the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person, at a meeting called for the purpose of voting such approval. In addition, the question of continuance of this Agreement may be presented to the shareholders of the Portfolio; in such event, such continuance shall be effected only if approved by the affirmative vote of the holders of a majority of the outstanding voting securities of the Portfolio. This Agreement may at any time be terminated without payment of any penalty either by vote of the Board or by vote of the holders of a majority of the outstanding voting securities of the Portfolio, on not more than (60) sixty days’ written notice to the Manager. This Agreement shall automatically terminate in the event of its assignment. This Agreement may be terminated by the Manager after ninety (90) days’ written notice to the Fund. Any notice under this Agreement shall be given in writing, addressed and delivered, or mailed post-paid, to the other party at any office of such party. As used in this Section, the terms “assignment,” “interested persons,” “voting securities,” and a “majority of the outstanding voting securities” shall have the respective meanings set forth in Section 2(a)(4), Section 2(a)(19), Section 2(a)(42) of the 1940 Act and Rule 18f-2 thereunder.

  • Election and Term The President, Treasurer and Secretary shall, and the Chairman of the Board may, be appointed by and shall hold office at the pleasure of the Manager or the Board. The Manager, the Board, or the President may each appoint such other officers and agents as such person shall deem desirable, who shall hold office at the pleasure of the Manager, the Board, or the President, and who shall have such authority and shall perform such duties as from time to time shall, subject to the provisions of Section 5(d) hereof, be prescribed by the Manager, the Board, or the President.

  • Duration and Termination of Agreement This Agreement shall become effective with respect to each Portfolio on the later of (i) its execution and (ii) the date of the meeting of the Board of Trustees of the Trust, at which meeting this Agreement is approved as described below. The Agreement will continue in effect for a period more than two years from the date of its execution only so long as such continuance is specifically approved at least annually either by the Trustees of the Trust or by a majority of the outstanding voting securities of each of the Portfolios, provided that in either event such continuance shall also be approved by the vote of a majority of the Trustees of the Trust who are not interested persons (as defined in the Investment Company Act) of any party to this Agreement cast in person at a meeting called for the purpose of voting on such approval. Any required shareholder approval of the Agreement or of any continuance of the Agreement shall be effective with respect to any Portfolio if a majority of the outstanding voting securities of the series (as defined in Rule 18f-2(h) under the Investment Company Act) of shares of that Portfolio votes to approve the Agreement or its continuance, notwithstanding that the Agreement or its continuance may not have been approved by a majority of the outstanding voting securities of (a) any other Portfolio affected by the Agreement or (b) all the portfolios of the Trust. If any required shareholder approval of this Agreement or any continuance of the Agreement is not obtained, the Subadviser will continue to act as investment subadviser with respect to such Portfolio pending the required approval of the Agreement or its continuance or of a new contract with the Subadviser or a different adviser or subadviser or other definitive action; provided, that the compensation received by the Subadviser in respect of such Portfolio during such period is in compliance with Rule 15a-4 under the Investment Company Act. This Agreement may be terminated at any time, without the payment of any penalty, by the Trustees of the Trust, by the vote of a majority of the outstanding voting securities of the Trust, or with respect to any Portfolio by the vote of a majority of the outstanding voting securities of such Portfolio, on sixty days' written notice to the Adviser and the Subadviser, or by the Adviser or Subadviser on sixty days' written notice to the Trust and the other party. This Agreement will automatically terminate, without the payment of any penalty, in the event of its assignment (as defined in the Investment Company Act) or in the event the Advisory Agreement between the Adviser and the Trust terminates for any reason.

  • Position and Term Upon execution of this Employment Agreement and in accordance with the terms herein, the Company hereby employs Employee to serve as a PRESIDENT, and Employee accepts such position. Employee understands and acknowledges that employment with the Company is for an unspecified duration and constitutes "at-will" employment. Employee also understands that any statement or representation to the contrary is unauthorized and not valid unless obtained in writing and signed by an officer of the Company. Employee acknowledges that employment relationships with the Company may be terminated at any time, with or without good cause or for any or no cause, at the option either of the Company or Employee, with or without notice. Employee further agrees that any employee handbooks or policies shall not be construed to create binding contractual commitments on behalf of Company.

  • Definitions and Terms Section 1.1

  • Amounts and Terms Section 1.1 [Reserved]

  • Duration and Termination of the Agreement This Agreement shall become effective upon its execution; provided, however, that this Agreement shall not become effective unless it has first been approved (a) by a vote of the Independent Trustees, cast in person at a meeting called for the purpose of voting on such approval, and (b) by an affirmative vote of a majority of the outstanding voting shares of the Fund. This Agreement shall remain in full force and effect continuously thereafter, except as follows:

  • Form, Dating and Terms (a) The aggregate principal amount of Notes that may be authenticated and delivered under this Indenture is unlimited. The Initial Notes issued on the date hereof will be in an aggregate principal amount of $600,000,000. In addition, the Issuer may issue, from time to time in accordance with the provisions of this Indenture, Additional Notes (as provided herein). Furthermore, Notes may be authenticated and delivered upon registration of transfer, exchange or in lieu of, other Notes pursuant to Sections 2.2, 2.6, 2.8, 2.10, 5.5 or 9.5, in connection with an Asset Disposition Offer pursuant to Section 3.5 or in connection with a Change of Control Offer pursuant to Section 3.9. Notwithstanding anything to the contrary contained herein, the Issuer may not issue any Additional Notes, unless such issuance is in compliance with Section 3.2. With respect to any Additional Notes, the Issuer shall set forth in (i) an Officer’s Certificate and (ii) one or more indentures supplemental hereto, the following information:

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