Change of Title. Xxxxxx has no present intention of transferring its interest in the Property and agrees not to transfer the Property during the term of the loan. If, due to any unforeseeable circumstances, title to the Property is transferred during such period, such transfer shall be subject to the terms of this Agreement and Lender shall notify GMP promptly in writing of the transfer. Unless GMP has received a written notification of change of title, GMP is entitled to assume the Property belongs to Xxxxxx and will return the Property to Lender upon termination of the loan.
Change of Title. An employee in a title covered by this Agreement promoted to a title excluded from this Agreement will no longer be covered upon the effective date of promotion. No other change of title affects coverage.
Change of Title. Guarantor agrees that no change of ownership or --------------- legal title to the Property, whether effected with or without the consent of the Agency, shall affect or change or discharge the obligations of the Guarantor hereunder.
Change of Title. That Mortgagee, at its option, may declare the Note secured hereby and all other obligations hereunder to be forthwith due and payable and shall have all other rights and remedies set forth herein if, without the prior written consent of Mortgagee: (i) title to the Mortgaged Property or any part thereof or interest therein is terminated, dissolved, sold, assigned, transferred, conveyed, mortgaged, encumbered or otherwise changed (including any such changes as security for additional financing), whether voluntarily or involuntarily or by operation of law, (ii) title to the Mortgaged Property or any interest therein is divested, (iii) any lease which gives the lessee thereunder any option to purchase the Mortgaged Property or any part thereof is entered into, or (iv) any change in any membership interests in the Mortgagor or its Members other than limited partnership interests, as applicable, or any general partnership interests or any beneficial interests in the Members; subject in each case, to the following provisions regarding Permitted Transfers. Mortgagor acknowledges that the present ownership of the Mortgaged Property is a material inducement to Mortgagee to fund the Loan. For purposes hereof and particularly Sections 4.02(b) and 5.01(k), the terms "sell, assign, transfer or convey" shall include, in addition to the common and ordinary meanings of those terms and without limiting their generality, transfers made to a subsidiary or affiliated entity(ies), transfers to a reconstituted limited partnership, transfers made by any partnership to the individual partners or vice-versa, transfers made by a partner to third parties, transfers by any corporation to its stockholders or vice-versa, any corporate merger or consolidation and transfers made by any individuals to any other individuals or any entity, or vice-versa. Any
Change of Title. The Parties have agreed to change the term “Instructional Assistant” to “Paraeducator” throughout the collective bargaining agreement with the understanding that doing so is not intended to substantively change the contemplated roles of the various bargaining unit members and so long as the context of the change does not require maintaining more precise descriptions of roles.
Change of Title. FOB POINT. Purchaser will not receive title to any either solely or jointly with Purchaser conceives, makes or reduces to practice, are the products/systems which are the subject of this Agreement until MCC receives payment in absolute and sole property of MCC. No right, title or interest in such Intellectual Property are full. MCC reserves the right to remove its products/services for Purchaser’s failure to timely conveyed to Purchaser unless done unless agreed to in a separate, issue specific, written comply with all the payment terms set forth in the accompanying Quote regardless of agreement signed by a corporate officer of MCC. whether MCC’s products/services have been integrated into other products/application and 11. CONFIDENTIALITY. Purchaser acknowledges that all Intellectual Property as previously without liability or responsibility as to the effect of such removal upon such defined herein and all MCC’s applications, operating systems, data bases, computer products/applications of Purchaser. PURCHASER BEARS THE RISK OF LOSS OF ALL software, all modifications, enhancements, and versions and all available options, and all PRODUCTS/SERVICES UNTIL SUCH ITEMS ARE PAID FOR IN FULL. FOB IS MCC future products developed or derived therefrom, all source and object codes, flowcharts, DOCKS OR SHIPPING POINT. algorithms, coding sheets, routines, sub-routines, compilers, assemblers, design concepts,
Change of Title. It is the intent of this agreement that any employee who has a change in title in which his or her position is advanced to a higher paying title, will not receive any less total remuneration than received under his or her previous title. Under such circumstances, adjustments in Years of Service shall be permitted as required in establishing the base salary.
Change of Title. Xxxxxx has no present intention of transferring its interest in the Property and agrees not to transfer the Property during the term of the loan. If, due to any unforeseeable circumstances, title to the Property is transferred during such period, such transfer shall be subject to the terms of this Agreement and Lender shall notify [Insert museum name] promptly in writing of the transfer. Unless [Insert museum name] receives written notification of change of title, [Insert museum name] will return the Property to Lender upon termination of the loan.
Change of Title. Wherever in the Employment Agreement the Executive is referred to as "Executive Vice President" and "Chief Operating Officer", those terms shall be replaced by the term "Interim Chief Executive Officer" and "Interim President".
Change of Title. Upon completion of the Initial Term, Executive --------------- shall be employed as Chairman of the Board for a second 3-year period, or until designation of Executive as Chairman Emeritus as set forth below. As Chairman of the Board, Executive shall be responsible for the duties normally and customarily attendant to such office. Executive shall render such other services and duties of an executive nature consistent with the duties of a senior executive officer of the Company as may from time to time be designated by the Board. Thereafter, the Parties agree that Executive shall serve as Chairman Emeritus as more fully set forth below.
