After Completion of the IPO Sample Clauses

After Completion of the IPO. (i) In connection with the IPO, Visa Inc. shall deposit the Escrow Fund in the Escrow Account to be held by the Escrow Agent in accordance with the terms of the Escrow Agreement for use in connection with the payment of Visa Litigation Obligations. The amount of funds to be deposited in the Escrow Fund shall be determined on or before the time of the IPO by the Litigation Committee. In addition, additional funds may be deposited in the Escrow Account from the net proceeds of sales of Loss Shares, as well as from interest and other amounts earned on the Escrow Fund. (ii) From and after the completion of the IPO, in the event of any Visa Litigation Obligation subject to indemnification pursuant to this Agreement, Visa Inc. shall cause each Party’s several payment obligation as to such Visa Litigation Obligation to be satisfied in the following order: (1) first, from any amounts remaining in the Escrow Fund, until the Escrow Fund has been completely exhausted; and (2) second, from the proceeds of any sales of Loss Shares (as defined in the Restated Visa Inc. Certificate of Incorporation) by means of underwritten offerings, which proceeds shall be added to the Escrow Fund and which Loss Shares shall reduce the number of shares of Visa Inc.’s Class A Common Stock that are to be issued upon conversion of shares of Visa Inc.’s Class B Common Stock to the holders thereof, all in accordance with the procedures set forth in the Litigation Management Agreement. For the avoidance of doubt, it is agreed that Visa Inc., subject to the limitations set forth in the Litigation Management Agreement, shall have the ability to effect the sale of shares of Class A Common Stock and to designate the shares so sold as “Loss Shares” pursuant to the Restated Visa Inc. Certificate of Incorporation in order to give effect to this provision. (iii) If all available funds in the Escrow Fund (including funds available from the sale of Loss Shares) are insufficient to satisfy such Visa Litigation Obligation, then each Party hereto shall be responsible for and pay to Visa Inc., Visa International or Visa USA for the benefit of the claimant whose claim is the basis of such Visa Litigation Obligation, as applicable (or, on behalf of and at the direction of Visa Inc., Visa International or Visa USA, as applicable, to the claimant whose claim is the basis of such Visa Litigation Obligation) from funds other than the Escrow Fund (including funds available from the sale of Loss Shares) a sum equ...
Sample 1
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After Completion of the IPO. If Subtenant has completed its IPO when it exercises its Sublease Right or Right of First Offer, the Additional Subtenant Improvement Allowance shall be in the amount of Five Hundred Thousand and 00/100 Dollars ($500,000). If such exercise occurs before December 1, 2005, the Additional Subtenant Improvement Allowance shall be payable as follows: (a) up to Three Hundred Thousand and 00/100 Dollars ($300,000) payable beginning no earlier than December 1, 2005, and (b) the remainder of the Additional Subtenant Improvement Allowance payable beginning no earlier than February 1, 2006. If Subtenant's exercise of its Sublease Right or Right of First Offer occurs on or after December 1, 2005, the Additional Subtenant Improvement Allowance shall be payable beginning on the date that is no earlier than the date Subtenant commences construction of the Remainder Premises Improvements. Except as set forth in this Section 6.2, Sublandlord shall have no obligation to provide Subtenant with a tenant improvement allowance for the Remainder Premises.
Sample 1

Related to After Completion of the IPO

  • Upon completion of the Project the Recipient shall make a full and complete accounting to the OPWC of the Eligible Project Cost.

  • Completion of the Project The Participating County acknowledges it is obligated to undertake and complete the design and construction of the Project in compliance with all of the applicable terms and conditions of the Project Documents and the Participating County agrees to use its best efforts to cause the completion of design and construction of the Project in compliance with the applicable terms and conditions of such documents. The Participating County agrees to complete the Project in accordance with this Agreement and consistent with the scope, cost and schedule established by the Board and attached hereto in Exhibit A, as such scope, cost and schedule may be modified with the approval of Finance and the recognition of the Board.

  • Completion of the Work The Contractor must obtain Material Completion as defined in Section 6.1.2 below prior to any occupancy of the Project.

  • COMMENCEMENT AND COMPLETION OF THE PROJECT Section 3.01 The Project (a) The Company intends and expects, together with any Sponsor Affiliate, to (i) construct and acquire the Project, and (ii) meet the Contract Minimum Investment Requirement within the Investment Period. The Company anticipates that the first Phase of the Project will be placed in service during the calendar year ending December 31, 2020. (b) Pursuant to the FILOT Act and subject to Section 4.03 hereof, the Company and the County hereby agree that the Company and any Sponsor Affiliates shall identify annually those assets which are eligible for FILOT payments under the FILOT Act and which the Company or any Sponsor Affiliate selects for such treatment by listing such assets in its annual PT-300S form (or comparable form) to be filed with the Department (as such may be amended from time to time) and that by listing such assets, such assets shall automatically become Economic Development Property and therefore be exempt from all ad valorem taxation during the Exemption Period. Anything contained in this Fee Agreement to the contrary notwithstanding, the Company and any Sponsor Affiliates shall not be obligated to complete the acquisition of the Project. However, if the Company, together with any Sponsor Affiliates, does not meet the Contract Minimum Investment Requirement within the Investment Period, the provisions of Section 4.03 hereof shall control. (c) The Company may add to the Land such real property, located in the same taxing District in the County as the original Land, as the Company, in its discretion, deems useful or desirable. In such event, the Company, at its expense, shall deliver an appropriately revised Exhibit A to this Fee Agreement, in form reasonably acceptable to the County.

  • Completion Date The Work under this Contract shall be completed by midnight of the date required in the Contract as the Material Completion and Occupancy Date unless extended by approved requests for extension of time.

  • Project Completion The Contractor agrees to schedule a final job walk with the County. If required, the County will prepare a list of incomplete items, the “Punch List”. The Contractor agrees to complete the “Punch List” corrections and schedule a final project completion job walk. The County will sign the “Punch List” as completed when determined, the project is finished. The Contractor agrees to submit the following along with its final payment request:

  • Completion of Repairs Borrower will commence any Repairs as soon as practicable after the date of this Loan Agreement and will diligently proceed with and complete such Repairs on or before the Completion Date. All Repairs and Capital Replacements will be completed in a good and workmanlike manner, with suitable materials, and in accordance with good building practices and all applicable laws, ordinances, rules, regulations, building setback lines and restrictions applicable to the Mortgaged Property. Borrower agrees to cause the replacement of any material or work that is defective, unworkmanlike or that does not comply with the requirements of this Loan Agreement, as determined by Lender.

  • Project Completion Date It is agreed between the Parties that the Project Completion Date is <END DATE, YEAR>. If the Project is not completed by such date then, subject to an amendment agreed to between the Parties, Alberta Innovates may elect to terminate this Investment Agreement. In such event, Alberta Innovates will notify the Applicant of its decision to terminate as soon as reasonably practical and shall advise the Applicant of the effective date of termination. Alberta Innovates will have no liability or obligation to reimburse the Applicant for any Project Costs incurred after the effective date of termination and may require the Applicant to return any portions of the Investment which were spent on Ineligible Expenses. Additionally, any portion of the Investment not used and accounted for in accordance with this Agreement as of the Project Completion Date or earlier termination is repayable by the Applicant to AI at AI’s request.

  • Substantial Completion Date Substantial Completion of the Work as defined in Article 6.1.2 of the General Conditions to the Continuing Contract for Construction Management shall be achieved by July 31, 2022.

  • Substantial Completion 9.8.1 When the Contractor considers that the Work, or a designated portion thereof which has been accepted in writing to by the State, is substantially complete as defined in Subparagraph

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