Examples of Additional Concessions in a sentence
The Company shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly, deposit any revenues obtained by it or any of them from their respective operations conducted pursuant to the Concessions or Additional Concessions in any bank account other than bank accounts held in the name of the Company or such Restricted Subsidiary which constitutes Collateral pursuant to any of the Collateral Documents.
The parties hereto recognize that the transfer of the Concessions and any Additional Concessions or Excluded Concessions (provided any restrictions on transfer are eliminated therefrom) described above is exclusively for the purpose described in this Agreement and to create a security interest thereon.
Notwithstanding that under Clause Fifth above all Concessions (including Additional Concessions) are validly transferred hereto upon execution of this Agreement, within 20 (twenty) Business Days after receipt by the Trustee and Shared Payment and Collateral Agent of the notice mentioned in the preceding paragraph, the Asset Grantors will perfect the transfer of the Additional Concessions by means of the execution and registration of a supplement to this Agreement as described below or otherwise.
The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.Date: August 10, 2017 /s/ Mark M.
At all times, the Asset Grantors, as the case may be, will be entitled to operate the Concessions and any Additional Concessions in the ordinary course of their business.
If MSA is granted the Additional Concessions, MSA shall attempt to transfer the Additional Concessions to ONCM but shall not be liable to ONCM or National Gold in any circumstances whatsoever if the transfer of the Additional Concessions does not occur for any reason.
On a quarterly basis for each fiscal quarter of the Asset Grantors, and no later than 30 (thirty) calendar days after the end of such fiscal quarter, each Asset Grantor will give written notice to the Trustee (who must transmit a copy of such notice to the Shared Payment and Collateral Agent) and the Shared Payment and Collateral Agent of the acquisition or identification by such Asset Grantor of any Additional Concessions during such quarter.
Notwithstanding anything contained in this Agreement, without the prior consent of Parent, in no instance shall the Company, Parent or their respective Affiliates, pay or provide Additional Concessions in excess of the amount specified on Section 5.15 of the Company Disclosure Schedule in connection with obtaining the Required Indebtedness Consents necessary to satisfy the condition set forth in Section 6.02(g).
Same Store (2) Physical Occupancy 5.9% Decline Peak to Trough, 1.1% Recovery 7.6% 5.4% 2.4% - 0.9% - 1.9% - 6.8% - 9.3% -12.0% -8.0% -4.0% 0.0% 4.0% 8.0% Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Same Store Net Effective Rent Roll - Up/Down (1) Additional Concessions Have Allowed Occupancy Rebounds Oct - 20 Oct - 19 Increase Traffic 303 253 19.8% New Leases 127 71 78.9% Capture 41.9% 28.1% 13.9% Adj.
Subject to (i) effective registration of the Additional Concessions in favour of MSA in the records of the DGM and (ii) transfer of the Additional Concessions from MSA to ONCM, the Additional Concessions shall be deemed to be included in the list of Concessions in Schedule Q of the Asset Purchase Agreement effective as of the time that the Additional Concessions are granted in favour of MSA.