Additional Credit. Credit or financial accommodation may be granted or continued from time to time by Lender to Borrower regardless of Borrower’s financial or other condition at the time of any such grant or continuation, without notice to or the consent of Guarantor and without affecting Guarantor’s obligations hereunder. Lender shall have no obligation to disclose or discuss with Guarantor its assessment of the financial condition of Borrower.
Additional Credit. Each employee who has attained a passing xxxx on a promotional selection procedure shall be allowed one additional point up to a maximum of five points, for each year or major portion thereof of seniority calculated in accordance with Section 29.03 of this Agreement entitled Lay-Off List Computation.
Additional Credit. Solely for the purpose of additional annual leave, a unit employee shall be allowed state service credit for:
Additional Credit. Executive’s benefit and Accrued Benefit under the SERP will be computed by crediting the Executive with the Additional Credit provided in Section 2.19(b) and the Discretionary Credit provided in Section 2.19(b) of the SERP if the Executive qualifies for that credit at that time or, if the Executive does not otherwise qualify for that credit at the time of the Change in Control under the terms of that Section 2.19(a) or (b), the Executive: • Has been (and remains) identified in the SERP as an individual eligible for that Additional or Discretionary Credit or was removed as an individual eligible for that Credit in anticipation of the Change in Control; and • Is vested in the Executive’s Accrued Benefit under the SERP under the terms of the SERP or subsection A, above.
Additional Credit. Executive's benefit and Accrued Benefit under the SERP will be computed by crediting the Executive with the Additional Credit provided in Section 2.17(a) of the SERP if the Executive qualifies for that credit at that time or, if the Executive does not otherwise qualify for that credit at the time of the Change in Control under the terms of that Section 2.17(a), the Executive: - Has been (and remains) identified in the SERP as an individual eligible for that Additional Credit or was removed as an individual eligible for that Credit in anticipation of the Change in Control; and - Is vested in the Executive's Accrued Benefit under the SERP under the terms of the SERP or subsection A, above.
Additional Credit. At our discretion, on a non-guaranteed basis, we may credit the Accumulated Value with an additional amount as described in the Additional Credit section in the Policy Specifications.
Additional Credit. Buyer shall receive a credit in an amount equal to the sum of (i) fifty percent (50%) of room revenue posted for the Day preceding the Closing Date plus (ii) $4 per occupied room as of midnight on the Day preceding the Closing Date.
Additional Credit. If, other than as provided in Section 3.2(a), on a Product-by-Product basis, Company reasonably determines to obtain licenses or similar rights under issued patents owned by a Third Party to avoid infringement of any Third Party patent- protected technology resulting from the use, sale or manufacture of any Product in a given country, and Company would be obligated to make royalty payments (or lump sum payments in lieu of royalties) to such Third Party that, in addition to the royalties payable by Company under Section 3.1, would make it commercially unviable for Company to commercialize such Product in such country, then Company and Gen-Probe will discuss in good faith the possibility of deducting a reasonable portion (not to exceed [*]) of such payments actually made from the royalties payable to Gen-Probe with respect to such Product in such country; provided that in no event shall any deduction under this Section 3.2(b), together with any deduction from royalties pursuant to Section 3.2(a), exceed [*] of the royalties payable to Gen-Probe with respect to such Product; provided further that no credit or deduction shall apply to any royalties payable under any Existing License except as provided in Sections 4.7, 4.8 and 8.2 of the PHRI Agreement and Section 6.4 of the Stanford Agreement, as applicable.
Additional Credit. Executive’s benefit and Accrued Benefit under the SERP shall be computed by crediting the Executive with the Additional Credit provided in Section 2.17(a) of the SERP; and
Additional Credit. If any Improvements located upon the Real Property are destroyed or substantially damaged during the period following the exercise of the Option and prior to the Closing by a Casualty which is not an Insured Casualty, and the Restoration Costs (as agreed between Buyer and Seller or as determined under Section 14.1.4) shall exceed the available insurance proceeds, if any (other than proceeds of business interruption insurance), by an amount greater than the Uninsured Casualty Threshold Amount, and as a result, Buyer gives notice of termination of this Agreement pursuant to Section 14.1.2, Seller shall have the right, at its option, for a period of five (5) business days after Buyer's notice of termination is given, to give notice to Buyer by which Seller agrees to reduce the Purchase Price by the amount (the "Additional Amount") by which the Restoration Costs, less the amount of any available insurance proceeds (other than proceeds of business interruption insurance), exceeds the Uninsured Casualty Threshold Amount. In such event, Buyer's notice of termination given under Section 14.1.2 shall be of no effect, this Agreement shall not be terminated, and the Purchase Price shall be reduced by giving Buyer a credit at Closing for the Additional Amount as specified in this Section 14.1.3 above; provided, however, that if the Additional Amount so computed equals or exceeds Four Million Dollars ($4,000,000), then notwithstanding the foregoing, Seller's agreement to reduce the Purchase Price by crediting Buyer the Additional Amount will become effective, and this Agreement will not be terminated, only if Buyer agrees to accept such price reduction and purchase the Property.
