and NG (Ceramica Santxxxx X Sample Clauses

and NG (Ceramica Santxxxx X. X.), xhe appraisal by an internationally recognised firm of investment bankers chosen from the list prepared by Patco and approved by Hydro (the "Appraisal Value") is less than US$ 60 million for both Ceramicas Industriales S.A., ("CISA") and Ceramicas Santxxxx X.X. ("XSSA"), (such value defined as the "Assumed Value") payment of an amount equal to 50% of the amount determined by subtracting the Appraisal Value from 70% of the Assumed Value (the "Threshold Value"), if and only if such amount is a positive number, shall be deferred (the "Deferral Amount"), and therefore deducted from the subscription value, until such time as such assets are sold to an independent third party. This is demonstrated by the following formula: FORMULA: APPRAISAL VALUE - (.7 X ASSUMED VALUE) = X [IF X IS > 0] X .5 = DEFERRAL AMOUNT Upon the sale of such assets: i. In the event that the net cash proceeds of the sales to PC and NG (the "Sale Price") are less than the Appraisal Value no subscription of the Deferral Amount shall be made. ii. In the event that the Sale Price is equal to or greater than the Threshold Value, the Deferral Amount shall be
AutoNDA by SimpleDocs

Related to and NG (Ceramica Santxxxx X

  • Nxxxx X Xxxxxxx is hereby designated as the Chief Executive Officer and Chief Financial Officer and Jxxx Xxxxxxxxx is designated the General Counsel and Secretary of the Company, each to serve in such capacity until his earlier death, resignation or removal from office.

  • Xxxxxx, P A., special counsel for IMC, in IMC's capacity as both Seller and Servicer under the Sale and Servicing Agreement, and/or Xxxxx & Xxxxxx LLP shall have furnished to the Underwriters their written opinion or opinions, addressed to the Underwriters and the Depositor and dated the Closing Date, in form and substance satisfactory to the Underwriters, to the effect that:

  • Agreement Xxx 0000 The Company shall not produce iron ore under this Agreement for transportation in any calendar year in excess of the approved production limit nor shall the total number of the mine workforce exceed the approved mine workforce without the prior consent in principle of the Minister and, subject to that consent, approval of detailed proposals in regard thereto in accordance with this Clause.

  • Xxxxxxxx Tobacco Co [Xxxxx Progeny] Circuit Court, Levy County, (Bronson, FL) $8 million in compensatory damages; 90% of fault assigned to RJR Tobacco, which reduced the award to $7.2 million; $72 million in punitive damages. See “— Xxxxx and Xxxxx Progeny Cases” below.

  • Xxxxx, P C. shall be the closing attorney if Property is in the Greater Augusta or Aiken area. XxXxxxxx Xxxxx, P.C. shall be the closing attorney if Property is in the Savannah area, and Xxxxxxx Xxxxxxx shall be the closing attorney if Property is in the Statesboro area, and Xxxxxxxx Xxxxxxxxxx Law Firm shall be the closing attorney if Property is in the Greenwood area. Buyer agrees Seller will schedule closing date and time in accordance with Section 4 E (a) of the Agreement. Seller will notify Buyer of the date and time of closing. Failure to close home by Closing Date stated in Paragraph 3, page 1, of the Agreement will, at Seller’s option, result in termination of the Agreement, and forfeiture of the xxxxxxx money, Construction Deposits and any extras deposits. In addition, any remaining balance of money owed for extras ordered by the Buyer shall be immediately due and payable.

  • Xxxxxxx, P E. will perform as the Consultant’s principal for this Project. As principal on this Project, this person shall be the primary contact with the Utilities Director, Utilities Engineer, or another person so designated, and shall have authority to bind the Consultant. So long as the individual named above remains actively employed or retained by the Consultant, he/she shall perform the function of principal on this Project.

  • Xxxxxx X Xxxxxxxx ----------------------------- Xxxxxx X. Xxxxxxxx

  • xxx/Xxxxxx/XXXXX- 19_School_Manual_FINAL pdf -page 101-102 We will continue to use the guidelines reflected in the COVID-19 school manual.

  • Xxxxx X Xxxxxx ---------------------------------------- Xxxxx X. Xxxxxx

  • Xxxxxxx X Xxxxxxxx

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!