Examples of Security Deposit Reduction Provisions Sample Clauses

Examples of Security Deposit Reduction Provisions. By way of example only, and not of limitation, the following examples reflect the intent of the parties with respect to Section 3.1, above: (i) If Tenant reports financially on a calendar year basis, Tenant's Cash balance is reduced below $10,000,000 on September 26, 1999 (as reflected in Tenant's Cash (1) Tenant's Cash balance then remains under $10,000,000 until February 1, 2001, at which time it again exceeds $10,000,000 for the balance of the Term of this Lease, (2) Tenant first achieves operating profitability for an entire fiscal quarter in the third quarter of 2001, and (3) Tenant continues to maintain operating profitability for the balance of the Term of this Lease, then Tenant shall be entitled to the return of its Security Deposit as of July 1, 2002. (ii) If Tenant reports financially on a calendar year basis, Tenant's Cash balance is reduced below $10,000,000 on September 26, 1999 (as reflected in Tenant's Cash Certification dated October 1, 1999), Tenant shall post the Required Deposit on or before October 10, 1999 (being ten (10) business days after September 26, 1999). If (1) Tenant's Cash balance then remains under $10,000,000 until February 1, 2001, at which time it again exceeds $10,000,000 until January 15, 2002, at which time it is again reduced below $10,000,000, (2) Tenant's Cash balance then remains under $10,000,000 until February 15, 2002, at which time it again exceeds $10,000,000 for the balance of the Term of this Lease, (3) Tenant first achieves operating profitability for an entire fiscal quarter in the second quarter of 2001, and continues thereafter to maintain operating profitability for the balance of the Term of this Lease, then Tenant shall be entitled to the return of its Security Deposit as of April 1, 2003.
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Related to Examples of Security Deposit Reduction Provisions

  • Extension of Payment; Reduction of Principal Interest or Fees; Modification of Terms of Payment Whether or not any Loans are outstanding, extend the Expiration Date or the time for payment of principal or interest of any Loan (excluding the due date of any mandatory prepayment of a Loan), the Commitment Fee or any other fee payable to any Lender, or reduce the principal amount of or the rate of interest borne by any Loan or reduce the Commitment Fee or any other fee payable to any Lender, without the consent of each Lender directly affected thereby;

  • Alternate Payment and Notice Provisions Notwithstanding any provision of this Indenture or any of the Notes to the contrary, the Issuer may enter into any agreement with any Holder of a Note providing for a method of payment, or notice by the Indenture Trustee or any Paying Agent to such Holder, that is different from the methods provided for in this Indenture for such payments or notices. The Issuer will furnish to the Indenture Trustee a copy of each such agreement and the Indenture Trustee will cause payments to be made and notices to be given in accordance with such agreements.

  • Incorporation of Administrative Code Provisions by Reference The provisions of Chapters 12B and 12C of the San Francisco Administrative Code are incorporated in this Section by reference and made a part of this Agreement as though fully set forth herein. Contractor shall comply fully with and be bound by all of the provisions that apply to this Agreement under such Chapters, including but not limited to the remedies provided in such Chapters. Without limiting the foregoing, Contractor understands that pursuant to §§12B.2(h) and 12C.3(g) of the San Francisco Administrative Code, a penalty of $50 for each person for each calendar day during which such person was discriminated against in violation of the provisions of this Agreement may be assessed against Contractor and/or deducted from any payments due Contractor.

  • Attachment B, Payment Provisions The payment provisions are amended as follows:

  • Amendment of Section 10 1. Section 10.1 of the Note Agreement is amended to read in its entirety as follows:

  • Amendment of Section 7 2.10(f). Clause (iii) of Section 7.2.10(f) of the Credit Agreement is hereby amended and restated in its entirety to the following:

  • Amendment of Section 6 14. Section 6.14 of the Credit Agreement is amended to read as follows:

  • Amendment of Section 9 05. In respect of the 2018 Notes only, the provisions of Section 9.05 of the Indenture are amended by deleting the text of such Section in its entirety and inserting in lieu thereof the phrase “[intentionally omitted]”. Such provisions shall be deemed not to have been deleted in respect of the 2021 Notes.

  • General Payment Provisions All payments of Obligations shall be made in Dollars, without offset, counterclaim or defense of any kind, free of (and without deduction for) any Taxes, and in immediately available funds, not later than 12:00 noon on the due date. Any payment after such time shall be deemed made on the next Business Day. Any payment of a LIBOR Loan prior to the end of its Interest Period shall be accompanied by all amounts due under Section 3.9. Any prepayment of Loans shall be applied first to Base Rate Loans and then to LIBOR Loans.

  • Additional Voting Terms; Calculation of Principal Amount All Notes issued under this Indenture shall vote and consent together on all matters (as to which any of such Notes may vote) as one class and no Notes will have the right to vote or consent as a separate class on any matter. Determinations as to whether holders of the requisite aggregate principal amount of Notes have concurred in any direction, waiver or consent shall be made in accordance with this Article IX and Section 2.13.

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