SECONDARY (CONTINGENT) DESIGNATION Sample Clauses

SECONDARY (CONTINGENT) DESIGNATION. A. Person(s) as a Secondary (Contingent) Designation: (Please indicate the percentage for each beneficiary.) Name Relationship / % Address: (Street) (City) (State) (Zip) Name Relationship / % Address: (Street) (City) (State) (Zip) Name Relationship / % Address: (Street) (City) (State) (Zip) Name Relationship / % Address: (Street) (City) (State) (Zip)
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SECONDARY (CONTINGENT) DESIGNATION. A. Person(s) as a Secondary (Contingent) Designation: (Please indicate the percentage for each beneficiary.) Name___________________________________ Relationship___________________ / _______% Address:_______________________________________________________________________ (Street) (City) (State) (Zip) Name___________________________________ Relationship___________________ / _______% Address:_______________________________________________________________________ (Street) (City) (State) (Zip) Name___________________________________ Relationship___________________ / _______% Address:_______________________________________________________________________ (Street) (City) (State) (Zip) Name___________________________________ Relationship___________________ / _______% Address:_______________________________________________________________________ (Street) (City) (State) (Zip)
SECONDARY (CONTINGENT) DESIGNATION. A. Person(s) as a Secondary (Contingent) Designation: (Please indicate the percentage for each beneficiary.) Name___________________________________ Relationship___________________ / _______% Address:_________________________________________________________________________ (Street) (City) (State) (Zip) Name___________________________________ Relationship___________________ / _______% Address:_________________________________________________________________________ (Street) (City) (State) (Zip) Name___________________________________ Relationship___________________ / _______% Address:_________________________________________________________________________ (Street) (City) (State) (Zip)
SECONDARY (CONTINGENT) DESIGNATION 

Related to SECONDARY (CONTINGENT) DESIGNATION

  • Initial Advance to Each Designated Subsidiary The obligation of each Lender to make an initial Advance to each Designated Subsidiary is subject to the receipt by the Agent on or before the date of such initial Advance of each of the following, in form and substance reasonably satisfactory to the Agent and dated such date:

  • Designation, Amount and Par Value The series of preferred stock shall be designated as the Series D 5% Convertible Preferred Stock (the "Preferred Stock"), and the number of shares so designated and authorized shall be Three Thousand (3,000). Each share of Preferred Stock shall have a par value of $0.0001 per share and a stated value of $1,000 per share (the "Stated Value").

  • Series Designation The Series Designation establishing a Series may: (i) specify a name or names under which the business and affairs of such Series may be conducted; (ii) designate, fix and determine the relative rights, powers, authority, privileges, preferences, duties, responsibilities, liabilities and obligations in respect of Interests of such Series and the Members associated therewith (to the extent such terms differ from those set forth in this Agreement) and (iii) designate or authorize the designation of specific Officers to be associated with such Series. A Series Designation (or any resolution of the Managing Member amending any Series Designation) shall be effective when a duly executed original of the same is included by the Managing Member among the permanent records of the Company, and shall be annexed to, and constitute part of, this Agreement (it being understood and agreed that, upon such effective date, the Series described in such Series Designation shall be deemed to have been established and the Interests of such Series shall be deemed to have been authorized in accordance with the provisions thereof). The Series Designation establishing a Series may set forth specific provisions governing the rights of such Series against a Member associated with such Series who fails to comply with the applicable provisions of this Agreement (including, for the avoidance of doubt, the applicable provisions of such Series Designation). In the event of a conflict between the terms and conditions of this Agreement and a Series Designation, the terms and conditions of the Series Designation shall prevail.

  • Amount and Payment of Special Interest Any Special Interest that accrues on a Note pursuant to Section 7.03(A) will be payable on the same dates and in the same manner as the Stated Interest on such Note and will accrue at a rate per annum equal to one quarter of one percent (0.25%) of the principal amount thereof for the first ninety (90) days on which Special Interest accrues and, thereafter, at a rate per annum equal to one half of one percent (0.50%) of the principal amount thereof; provided, however, that in no event will Special Interest, together with any Additional Interest, accrue on any day on a Note at a combined rate per annum that exceeds one half of one percent (0.50%). For the avoidance of doubt, any Special Interest that accrues on a Note will be in addition to the Stated Interest that accrues on such Note and, subject to the proviso of the immediately preceding sentence, in addition to any Additional Interest that accrues on such Note.

  • Designation Agreement Section 6045(e) of the United States Internal Revenue Code and the regulations promulgated thereunder (herein collectively called the “Reporting Requirements”) require an information return to be made to the United States Internal Revenue Service, and a statement to be furnished to Seller, in connection with the Transaction. Escrow Agent is either (x) the person responsible for closing the Transaction (as described in the Reporting Requirements) or (y) the disbursing title or escrow company that is most significant in terms of gross proceeds disbursed in connection with the Transaction (as described in the Reporting Requirements). Accordingly:

  • Additional Duties of Borrower Borrower will at all times comply with all of the following covenants throughout the term of this Agreement:

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