Employment Commitments Sample Clauses

Employment Commitments. All Applicants shall be required to execute the following statement as part of their application: “I hereby declare all previous obligations with employing school districts have been met and I am not seeking this position with the intent of resigning from a previous commitment in which I have not served.”
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Employment Commitments. For at least five (5) years post-closing, the Company will not implement any material involuntary workforce reductions or changes to wages, benefits and other terms and conditions of employment in effect prior to the transaction. • Honor the terms of the Company’s existing collective bargaining agreements. Pre-Closing Structures Post-Closing Structure EXHIBIT B Page 1 of 1 IIF US Holding 2 LP IIF US Holding 2 LP IIF Sun Jupiter Holdings LLC Public Shareholders El Paso Electric Company 0% GP Sun Merger Sub Inc. Transaction to be effected through the merger of El Paso Electric Company and a newly formed Merger Sub, with El Paso Electric Company surviving the merger 100% LP Sun Jupiter Topco LLC IIF Sun Jupiter Ultimate Holdings LP 100% Sun Jupiter Parent LLC 100% 100% Sun Jupiter Holdings LLC 100% 100% 0% GP 100% LP IIF Sun Jupiter Ultimate Holdings LP IIF Sun Jupiter Holdings LLC 100% Sun Jupiter Topco LLC 100% Sun Jupiter Parent LLC 100% 100% Sun Jupiter Holdings LLC 100% El Paso Electric Company REGULATORY COMMITMENTS
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Employment Commitments. Except as set forth in Schedule 3.13, all Assigned Contracts for employment or personal services are terminable, without liability or expense, by Seller on thirty (30) days' or less notice.
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Employment Commitments a. The Customer shall create and maintain the employment level set forth in the Appendix to this Schedule A (the “Base Employment Level”). Such Base Employment Level shall be the total number of full-time positions held by: (a) individuals who are employed by the Customer or its affiliates at Customer’s West Plant identified in the Appendix to this Schedule, and (b) individuals who are contractors or who are employed by contractors of the Customer and assigned to the West Plant (collectively, “Base Level Employees”). The number of Base Level Employees shall not include individuals employed on a part-time basis (less than 35 hours per week); provided, however, that two individuals each working 20 hours per week or more at the West Plant shall be counted as one Base Level Employee.
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Employment Commitments. 42. For at least five (5) years post-closing, as a result of the Proposed Transaction, EPE will not implement any material involuntary workforce reductions or changes to wages, benefits and other terms and conditions of employment in effect prior to the Proposed Transaction.
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Employment Commitments. On or prior to the Closing, at least 90% of the employees of Mint who are not Key Employees shall have committed in a manner reasonably acceptable to LSI to remain with LSI and Merger Sub as of the Closing Date.
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Employment Commitments. 2.1 At the facility, DM will create at least one hundred twenty-five (125) new full-time equivalent permanent jobs. At least seventy-five (75) positions, or sixty percent (60%) said jobs created, will be filled by low and moderate income persons. Said jobs will have descriptions, entry level wages, and benefits as follows:
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Employment Commitments. For at least five (5) years post-closing, the Company will not implement any material involuntary workforce reductions or changes to wages, benefits and other terms and conditions of employment in effect prior to the transaction. • Honor the terms of the Company’s existing collective bargaining agreements. The Board of Directors El Paso Electric Company Xxxxxxx Tower 000 Xxxxx Xxxxxxx Xxxxxx El Paso, Texas 79901 Dear Members of the Board: Annex B May 31, 2019 We understand that El Paso Electric Company, a Texas corporation (“Company”), Sun Jupiter Holdings LLC, a Delaware limited liability company (“Parent”), and Sun Merger Sub Inc., a Texas corporation and wholly owned subsidiary of Parent (“Merger Sub”), propose to enter into an Agreement and Plan of Merger (the “Agreement”), pursuant to which Parent will acquire Company (the “Transaction”). Pursuant to the Agreement, Merger Sub will be merged with and into Company and each issued and outstanding share of the common stock, no par value, of Company (“Company Common Stock”), other than shares of Company Common Stock held by Company, Parent or Merger Sub and shares of Company Common Stock held by holders who are entitled to and properly demand an appraisal of their shares of Company Common Stock (such holders, collectively, “Excluded Holders”), will be converted into the right to receive $68.25 in cash (the “Consideration”), subject to certain equitable adjustments relating to certain changes in the outstanding capital stock of Company as more fully described in the Agreement. The terms and conditions of the Transaction are more fully set forth in the Agreement. You have requested our opinion as of the date hereof as to the fairness, from a financial point of view, to holders of Company Common Stock (other than Excluded Holders) of the Consideration to be paid to such holders in the Transaction. In connection with this opinion, we have:
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Employment Commitments 
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Related to Employment Commitments

  • Commitment Terminations The Term A-2 Loan Commitments and Additional Term A-2 Commitments shall automatically terminate upon the making, conversion or continuance, as applicable, of the Term A-2 Loans and Additional Term A-2 Loans on the Amendment and Restatement Effective Date. The Borrowers shall have the right at any time and from time to time, upon three (3) Business Days’ prior written notice to the Administrative Agent (which notice may conditioned upon the effectiveness of other credit facilities, indentures or similar agreements or other transactions, in which case such notice may be revoked by the Borrowers (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied), to terminate the Revolving Credit Commitments in whole or in part, any partial termination to be (i) in an amount not less than $1.0 million or any greater amount that is an integral multiple of $0.1 million and (ii) allocated ratably among the Lenders in proportion to their respective Revolver Percentages; provided that the Revolving Credit Commitments may not be reduced to an amount less than the sum of the aggregate principal amount of Revolving Loans and of L/C Obligations then outstanding; provided further that all Revolving Credit Commitments shall terminate automatically on the Revolving Credit Termination Date. Any termination of the Revolving Credit Commitments below the L/C Sublimit then in effect shall reduce the L/C Sublimit by a like amount. The Administrative Agent shall give prompt notice to each Lender of any such termination (in whole or in part) of the Revolving Credit Commitments. Any termination of the Revolving Credit Commitments pursuant to this Section 2.10 may not be reinstated.

  • Termination and Reduction of Revolving Commitments (a) Unless previously terminated, the Revolving Commitments shall terminate on the Maturity Date.

  • The Commitments Subject to the terms and conditions set forth herein:

  • Revolving Commitments If for any reason the Total Revolving Outstandings at any time exceed the Aggregate Revolving Commitments then in effect, the Borrower shall immediately prepay Revolving Loans and/or Swing Line Loans and/or Cash Collateralize the L/C Obligations in an aggregate amount equal to such excess; provided, however, that the Borrower shall not be required to Cash Collateralize the L/C Obligations pursuant to this Section 2.05(b)(i) unless after the prepayment in full of the Revolving Loans and Swing Line Loans the Total Revolving Outstandings exceed the Aggregate Revolving Commitments then in effect.

  • Termination of Commitments Declare the Commitments terminated whereupon the Commitments shall be immediately terminated.

  • Prepayment; termination of Commitments A notice under Clause 5.13 shall be irrevocable; the Agent shall promptly notify the Lenders or (as the case may require) the Affected Lender of the Borrowers’ notice of intended prepayment; and:

  • Scheduled Termination of Commitments Unless previously terminated, the Commitments shall terminate on the Maturity Date. If at any time the Aggregate Maximum Credit Amounts or the Borrowing Base is terminated or reduced to zero, then the Commitments shall terminate on the effective date of such termination or reduction.

  • Loan Commitments Subject to the terms and conditions hereof,

  • Incremental Revolving Commitments (a) The Borrower may on one or more occasions, by written notice to the Administrative Agent, request during the Revolving Commitment Period the establishment of Incremental Revolving Commitments, provided that the aggregate amount of all the Incremental Revolving Commitments to be established hereunder on any date shall not exceed the Incremental Amount as of such date. Each such notice shall specify (i) the date on which the Borrower proposes that the Incremental Revolving Commitments shall be effective, which shall be a date not less than 10 Business Days (or such shorter period as may be agreed to by the Administrative Agent) after the date on which such notice is delivered to the Administrative Agent, (ii) the amount of the Incremental Revolving Commitments being requested (which shall be an amount not less than $5,000,000) and (iii) the identity of each Person proposed to become an Incremental Revolving Lender in connection therewith (it being agreed that (x) any Lender approached to provide any Incremental Revolving Commitment may elect or decline, in its sole discretion, to provide such Incremental Revolving Commitment and (y) any Person that the Borrower proposes to become an Incremental Revolving Lender, if such Person is not then a Lender, must be an Eligible Assignee and, if such approval would then be required under Section 10.6(c) for an assignment to such Person of a Commitment or Loan, must be approved by the Administrative Agent, each Issuing Bank and the Swing Line Lender (such approval not to be unreasonably withheld or delayed)).

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