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. The Employer shall prepare a new job description whenever a job is created whenever the duties of a job change. When a new job is created, or when there is made to the content of an existing job classification, the rate of pay for the new job classification will be subject to negotiation between parties. If the unable to agree on the reclassification and/or rate of pay for the job in question, such dispute be submitted to grievance and arbitration for The new rate shall become retroactive to the time the new position was first by the employee or the date of change in job duties.
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. 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 the Borrower’s enterprise as a controlling shareholder or actual controller, such as mergers, divisions, changes in equity, capital increases or reductions, joint ventures, or joint ventures;
Changes in. The Employer shall prepare a description whenever a job is created or the duties of a job change. When the duties of any job are changed or increased, or where the Union and/or employee feels a job is unfairly or incorrectly classified, or when a new job is created or established, the rate of pay shall be subject to collective bargaining between the Employer and the Union. If the parties are unable to agree on the reclassification and/or rate of pay for the job in question, such dispute shall be submitted to arbitration. The new rate shall become retroactive to the time the new position was first by an employee or the date of change in job duties.
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. 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. 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. 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.
