Changes in market circumstances If at any time a Bank determines (which determination shall be final and conclusive and binding on the Borrower) that, by reason of changes affecting the London Interbank market, adequate and fair means do not exist for ascertaining the rate of interest on the Facility or any part thereof pursuant to this Agreement:-
15.8.1 that Bank shall give notice to the Agent and the Agent shall give notice to the Borrower of the occurrence of such event; and
15.8.2 the Agent shall as soon as reasonably practicable certify to the Borrower in writing the effective cost to that Bank of maintaining its Commitment for such further period as shall be selected by that Bank and the rate of interest payable by the Borrower for that period; or, if that is not acceptable to the Borrower,
15.8.3 the Agent in accordance with instructions from that Bank and subject to that Bank's approval of any agreement between the Agent and the Borrower, will negotiate with the Borrower in good faith with a view to modifying this Agreement to provide a substitute basis for that Bank’s Commitment which is financially a substantial equivalent to the basis provided for in this Agreement. If, within thirty days of the giving of the notice referred to in Clause 15.8.1, the Borrower and the Agent fail to agree in writing on a substitute basis for such Bank’s Commitment the Borrower will immediately prepay the amount of such Bank’s Commitment and the Maximum Facility Amount will automatically decrease by the amount of such Commitment and such decrease shall not be reversed. Clause 5.4 shall apply to that prepayment if it is made on a day other than the last day of an Interest Period.
Changes in. SPECIFICATIONS – The City reserves the right to amend, alter or modify the contract specifications at any time during the life of the contract or any renewal upon thirty (30) days’ written notice to the Contractor. Any adjustments in compensation shall be agreed upon by both parties. In the event that the parties cannot agree as to the adjustment of compensation, the matter shall be referred to binding arbitration in accordance with the rules of the American Arbitration Association. No changes may be made to any of the bid specifications or other terms or provisions of this contract without the express prior written authorizations of the City Mayor.
Changes in. An Employee who moves from a less than 250 day position to a 250 day position, or vice versa, will receive the proration between the two classification allotments as outlined in Appendix D based on the effective date of the new position.
1. This paid vacation time shall be credited the next pay period after the date of the schedule change and must be taken by June 30th of the following fiscal year. (Any fraction of a day less than .5 will be converted to paid vacation allowance. Any fraction of a day greater than .5 will be converted to one half day paid vacation time and the remainder converted to paid vacation allowance.) The Employee shall also receive a pro-ration of paid vacation allowance, added to the last pay of their work year, for days worked from the date of the
2. All paid vacation allowance shall be calculated at the rate at which it was earned.
Changes in. An employee shall be given in of a change in shill, Where hours' is given, employeesshall be paid the overtimerate for shift. If an employee is assigned work part way through a that to work on a different shift that day, employee and his supervisor shall agree whether he should complete regular shill, paid Notice Requiredon Change of Days scheduled rest In event an employeeIs assigned to a job which changes the employee's work performed such rest days the week only of the work occupies, shall be employee to that effect [or by of Le new job, prior to the scheduled rest job the greater of (2) calendar days a number of days to the number of rest dates of work schedulefor he presently occupies, he occupies. Forhepurpose sufficient mean Pay for Work on Rest Days of be paid to employees lor work at of Company on and subsequent Lejob he presently The of this paragraph shall apply also to General Holidays or days
Changes in. BUSINESS Borrower shall not, and shall not permit any Subsidiary (other than an Unrestricted Subsidiary) to, materially alter the character of the business of Borrower and the Subsidiaries taken as a whole from that conducted at the Original Effectiveness Date (including any material expansion outside of the offshore contract drilling and production services, drilling management services and oil and gas exploration and production businesses); PROVIDED, HOWEVER, that this Section 8.01 shall not restrict the making of any Investment expressly permitted by Section 8.05.
Changes in. CLASSIFICATION The regular wage rate of the employee in effect on September 1st and March 1st will determine his entitlement to Group Life and Accidental Death and Dismemberment coverages as outlined in Schedule 1, as contained in this Exhibit. Where an employee's regular duties consist of more than one job, his regular rate shall be deemed to be the average of the rates applicable to such jobs.
Changes in. CONTACT INFORMATION Occupant is responsible for maintaining contact and keeping their account current. Xxxxxxxx agrees to notify Owner in writing of any change of contact information, including address and phone number by sending a letter to P.O. Box 1331, Vernal, Utah, within 5 days
Changes in. Changes in work shall be set forth in a supplemental agreement which shall in addition to the work to be done in connection with the changes made, adjustment of contract time, if any, and the basis of compensation for such work. A supplemental agreement shall not become effective until approved by the COUNTY. When compensation for an item of work is subject to adjustment, the CONTRACTOR shall, upon request, the COUNTY with adequate detailed cost data for such item of work.
Changes in. Common Stock In the event of changes in the outstanding Common Stock by reason of stock dividends, split-ups, recapitalizations, reclassifications, combinations or exchanges of shares, separations, reorganizations, liquidations or the like, the number and class of shares available under this Warrant in the aggregate and the Exercise Price shall be correspondingly adjusted to give the Holder of this Warrant, on exercise for the same aggregate Exercise Price, the total number, class and kind of shares as the Holder would have owned had the Warrant been exercised prior to the event and had the Holder continued to hold such shares until after the event requiring adjustment. The form of this Warrant need not be changed because of any adjustment in the number of Exercise Shares subject to this Warrant pursuant to this Section 4.1.
Changes in. RECOGNITION NO
