Cancellation of Class Sample Clauses

Cancellation of Class. In the event that a scheduled summer school class is canceled or absorbed into another class, the employee whose position is eliminated shall move to the top of the seniority list for the following year.
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Cancellation of Class. If a class is canceled for any reason, participants will be sent a 100% refund within 30 days of the class being cancelled.
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Cancellation of Class. A-1 Notes The US Dollar Note Registrar must cancel or destroy all Class A-1 Notes that have been surrendered to it for transfer, exchange or replacement (including any Class A-1 Book Entry Notes surrendered pursuant to clause 3.4(b) of the US Dollar Note Trust Deed) or surrendered to a Paying Agent for redemption and delivered to the US Dollar Note Registrar and must, upon request, provide a certificate to the Issuer, the US Dollar Note Trustee or the Manager with the details of all such Class A-1 Notes.
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Cancellation of Class. B1 Common Stock, Class B2 Common Stock, Class B3 Common Stock and Class C Common Stock. Each share of Class B1 Common Stock, Class B2 Common Stock, Class B3 Common Stock and Class C Common Stock issued and outstanding immediately prior to the Effective Time (other than Dissenting Shares) shall automatically be canceled, and no cash, capital stock or other consideration shall be delivered or deliverable in exchange for such shares of Class B1 Common Stock, Class B2 Common Stock, Class B3 Common Stock and Class C Common Stock.
Sample 1
Cancellation of Class. A Common Stock to foreclose on convertible subordinated debentures from DBSI Issuance of 6 3/4% Series C Cumulative Convertible Preferred Stock, net of issuance costs of $3,778........................... - - - 100,455 - (3,778) - 96,677 Accretion of 6 3/4% Series C Cumulative Convertible Preferred Stock............................ - - - 1,074 - - (1,074) - Unrealized holding losses on 8% Series A Cumulative Preferred Stock dividends (at $0.75 per share)........................... - - 1,204 - - - (1,204) - 12 1/8% Series B Senior Redeemable Exchangeable Preferred Stock dividends payable in-kind........ - - - - - - (26,874) (26,874) Issuance of Class A Common Stock: Exercise of stock options........ 196 2 - - - 2,494 - 2,496 Employee benefits................ 100 1 - - - 2,290 - 2,291 Employee Stock Purchase Plan..... 00 - - - - 000 - 000 Xxxxxxxxx of 6 3/4% Series C Cumulative Convertible Preferred Stock............................ - - - 7,137 - - (7,137) - Unrealized holding gains on YEAR ENDED DECEMBER 31, 1996 1997 1998 CASH FLOWS FROM OPERATING ACTIVITIES: Net loss..................................................................... $(100,986) $(312,825) $(260,882) Adjustments to reconcile net loss to net cash flows from operating activities: Depreciation and amortization............................................. 27,341 51,541 83,767 Amortization of subscriber acquisition costs.............................. 16,073 121,735 18,869 Amortization of debt discount and deferred financing costs................ 61,695 83,221 125,724 Employee benefits funded by issuance of Class A Common Stock.............. 1,116 352 2,291 Change in reserve for excess and obsolete inventory....................... 2,866 (1,823) 1,341 Change in long-term deferred satellite services revenue and other long-term liabilities................................................... 7,152 12,056 13,856 Other, net................................................................ (3,854) 442 - Changes in current assets and current liabilities: Trade accounts receivable, net.......................................... (4,337) (52,558) (41,159) Inventories............................................................. (36,864) 51,597 (55,056) Subscriber acquisition costs............................................ (84,202) (72,475) - Other current assets.................................................... (6,513) 10,969 (10,264) Trade accounts payable.................................................. ...
Sample 1
Cancellation of Class. [ ] NOTES The Note Registrar must cancel or destroy all Class [ ] Notes that have been surrendered to it for transfer, exchange or replacement (including any Book-Entry Notes surrendered pursuant to clause [3.4(b)] of the Note Trust Deed) or surrendered to a Paying Agent for redemption and delivered to the Note Registrar and must, upon request, provide a certificate to the Issuer Trustee, the Note Trustee or the Manager with the details of all such Class [ ] Notes so cancelled or destroyed.
Sample 1

Related to Cancellation of Class

  • CANCELLATION OF CONTRACT The Division of Procurement Services reserves the right to cancel a contract with a thirty-day written notice OR cancel immediately if the contractor does not conform to terms and conditions and specifications of contract.

  • Cancellation of Notes Any Person that receives a Note surrendered for payment, registration of transfer, exchange or redemption will deliver the Note to the Indenture Trustee and the Indenture Trustee will promptly cancel it. The Issuer may surrender to the Indenture Trustee for cancellation Notes previously authenticated and delivered under this Indenture which the Issuer may have acquired, and the Indenture Trustee will promptly cancel them. No Notes will be authenticated in place of or in exchange for Notes cancelled as stated in this Section 2.10. The Indenture Trustee may hold or dispose of cancelled Notes according to its standard retention or disposal policy unless the Issuer directs, by Issuer Order, that they be destroyed or returned to it.

  • Cancellation of Agreement In the event that prior to the Closing Date (a) trading in securities on the New York Stock Exchange generally, or in securities of the Bank in particular, shall have been suspended, or minimum prices established by the New York Stock Exchange, or any new restrictions on transactions in securities shall have been established by the New York Stock Exchange or by the Commission or by any other United States Federal or State agency or by any action of the United States Congress or by executive order to such a degree as, in your judgment as the Representatives, to affect materially and adversely the marketing of the Securities or (b) existing financial, political or economic conditions in Europe, the United States or elsewhere shall have undergone any change which, in your judgment as the Representatives, would materially and adversely affect the market for the Securities, this Agreement and all obligations of the Underwriters hereunder may be canceled at, or at any time prior to, the Closing Date by you, as the Representatives, without liability on the part of any Underwriter to the Bank or of the Bank to any Underwriter, subject to Section 11(e). Notice of such cancellation shall be given to the Bank in writing, or by cable or telephone confirmed in writing.

  • Cancellation of Commitment The Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.

  • Cancellation of Certificate On completion of the distribution of Company assets as provided herein, the Company shall be terminated, and the Majority Members (or such other Person or Persons as the Act may require or permit) shall file a certificate of cancellation with the Secretary of State of Delaware, cancel any other filings made pursuant to Section 2.5 and take such other actions as may be necessary to terminate the Company.

  • Cancellation of Certificates Any Certificate surrendered for registration of transfer or exchange shall be cancelled and retained in accordance with normal retention policies with respect to cancelled certificates maintained by the Trustee or the Certificate Registrar.

  • Cancellation and Termination a) The exhibitor shall have the right to cancel this license agreement or downsize by notice in writing to be delivered to MPE. All deposits/payments received by MPE up to the date of notice of cancellation or downsize are non-refundable and non-transferable and the balance of the full cost of the space is due immediately. In the event that the Exhibitor (i) fails to make payments in accordance with the payment schedule setout herein or (ii) fails to appear at the show; MPE reserves the right to cancel this license agreement without notice and all rights of the Exhibitor hereunder shall cease and terminate. MPE will retain any and all deposits/payment(s) made by the Exhibitor as liquidated damages (and not as a penalty) for breach of this license agreement and all payments will be due per the terms of the contract. In the event of either of the above circumstances, MPE has the right to (i) re-rent said space and (ii) bring action against the Exhibitor for payment of the full cost of the space originally licensed from MPE. b) If the Exhibitor violates or breaches any other terms or conditions of this license agreement, all payments made by the Exhibitor and all amounts due to MPE shall be deemed earned by MPE and all deposits received shall be non-refundable and non-transferable. In the event of any violation or breach of the terms and conditions of this license agreement, MPE shall have the right to immediately occupy the space of the violating and/or breaching Exhibitor and utilize it in any manner as MPE deems appropriate, including, but not limited to, re-licensing its use to another exhibitor. The Exhibitor shall not be entitled to any offset or mitigation of the amount due under this license agreement as a result of the use of or payment for the space by another exhibitor in the Show. c) Each covenant by the Exhibitor contained herein is material and of the essence of this license agreement and violation of any term or condition hereof by the Exhibitor shall be a default of the entire agreement entitling MPE to immediately and without notice revoke the privileges granted to the Exhibitor and take possession of the space of the defaulting Exhibitor. Any such revocation of the license granted herein shall be without prejudice to MPE to make any claim for damages or enforcement of the payment of any amounts due pursuant to the terms hereof.

  • Cancellation and Destruction of Right Certificates All Right Certificates surrendered for the purpose of exercise, transfer, split up, combination or exchange shall, if surrendered to the Company or to any of its agents, be delivered to the Rights Agent for cancellation or in canceled form, or, if surrendered to the Rights Agent, shall be canceled by it, and no Right Certificates shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Agreement. The Company shall deliver to the Rights Agent for cancellation and retirement, and the Rights Agent shall so cancel and retire, any other Right Certificate purchased or acquired by the Company otherwise than upon the exercise thereof. The Rights Agent shall deliver all canceled Right Certificates to the Company, or shall, at the written request of the Company, destroy such canceled Right Certificates, and in such case shall deliver a certificate of destruction thereof to the Company.

  • Cancellation of Options In exchange for the consideration described in Section 1.2 below, the Participant hereby agrees that the Award Agreement and the Participant’s interests in the Underwater Options shall be cancelled, terminated, and of no further force or effect, effective as of the Effective Date, and that neither the Company nor the Participant shall have any further rights or obligations with respect to the Award Agreement, the Underwater Options, or with respect to which any shares of Common Stock that could have been acquired upon vesting and exercise of the Underwater Options.

  • Cancellation and Destruction of Rights Certificates All Rights Certificates surrendered for the purpose of exercise, transfer, split up, combination or exchange shall, if surrendered to the Company or any of its agents, be delivered to the Rights Agent for cancellation or in cancelled form, or, if surrendered to the Rights Agent, shall be cancelled by it, and no Rights Certificates shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Agreement. The Company shall deliver to the Rights Agent for cancellation and retirement, and the Rights Agent shall so cancel and retire, any other Rights Certificate purchased or acquired by the Company otherwise than upon the exercise thereof. The Rights Agent shall deliver all cancelled Rights Certificates to the Company, or shall, at the written request of the Company, destroy such cancelled Rights Certificates, and in such case shall deliver a certificate of destruction thereof to the Company.

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