Final Offering of the Offering Cost Increase – Termination of Agreement Sample Clauses

Final Offering of the Offering Cost Increase – Termination of Agreement. If there are unsubscribed amounts of the Cost Offering after the initial and second round offering pursuant to Sections 5.5.1 and 5.5.2, the Management Committee shall offer the outstanding unsubscribed amounts of the Cost Offering first to other CapX Project participants and then to third parties on terms and conditions determined by the Management Committee at a Level B Vote. For purposes of this Section 5.5.3 only, "third parties" as referred to in the previous sentence may include a Participant that previously elected not to increase its payment obligation by electing to subscribe in the Cost Offering. If offers to other CapX Project participants or third parties to participate in this Agreement fail to dispose of all remaining unsubscribed amounts of the Cost Offering, and the subscription commitments for the Cost Offering equal less than one hundred percent (100%), (i) the Cost Offering shall be deemed to have failed, (ii) the Participant Percentages shall not be adjusted, and (iii) the Management Committee shall determine at a Level C Vote, within ninety (90) days after expiration of the final offering of the unsubscribed amounts of the Cost Offering pursuant to this Section 5.5.3, whether there should be a revision in the size, character or capacity of the Development Work under this Agreement or take other action at a Level C Vote. If the Management Committee does not approve such a revision within such ninety (90) day period or vote to take other action, this Agreement shall automatically terminate upon the expiration of such ninety (90) day period. In the event other CapX Project participants or third parties subscribe in the Cost Offering, Appendix A shall be modified in accordance with Section 5.5 above. In order for a CapX Project participant or a third party to become a Participant hereunder, such Person must accept and agree to be bound by the terms and provisions of this Agreement, as modified by the Cost Offering, and execute such documents and instruments as the Management Committee may require as evidence of such acceptance and agreement.
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Related to Final Offering of the Offering Cost Increase – Termination of Agreement

  • Submission of Salary Increases Recommendations for salary increases must be made to be effective on the first day of the month and must be submitted prior to the proposed effective date. However, retroactive six (6) month and annual salary increases to correct errors or oversights and retroactive payments resulting from grievance settlements shall be authorized. The proposed effective date for retroactive six (6) month and annual salary increases must be the first day of the month no more than twelve (12) months prior to the time of submitting the correcting recommendation.

  • C4 Price adjustment on extension of the Initial Contract Period C4.1 The Contract Price shall apply for the Initial Contract Period. In the event that the Client agrees to extend the Initial Contract Period pursuant to clause F8 (Extension of Initial Contract Period) the Client shall, in the 6 month period prior to the expiry of the Initial Contract Period, enter into good faith negotiations with the Contractor (for a period of not more than 30 Working Days) to agree a variation in the Contract Price.

  • TERM OF AGREEMENT/TERMINATION The term of this Agreement shall commence on the date hereof and such term and this Agreement shall terminate upon the earlier to occur of (i) the Effective Time, and (ii) the date on which the Merger Agreement is terminated in accordance with its terms. Upon such termination, no party shall have any further obligations or liabilities hereunder; PROVIDED, HOWEVER, such termination shall not relieve any party from liability for any breach of this Agreement prior to such termination.

  • Period of Agreement This Agreement shall start on _, 20 (“Effective Date”), and end on , 20_ _, at 12:00 midnight (“Listing Period”), unless the expiration date is extended in writing.

  • Termination of Agreement If this Agreement is terminated by the Representatives in accordance with the provisions of Section 5 or Section 9(a)(i) hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters.

  • DURATION OF AGREEMENT All agreements and obligations of the Company contained herein shall continue during the period Indemnitee serves as a director or officer of the Company or as a director, officer, trustee, partner, manager, managing member, fiduciary, employee or agent of any other corporation, partnership, joint venture, trust, employee benefit plan or other Enterprise which Indemnitee serves at the request of the Company and shall continue thereafter so long as Indemnitee shall be subject to any possible Proceeding (including any rights of appeal thereto and any Proceeding commenced by Indemnitee pursuant to Section 14 of this Agreement) by reason of Indemnitee’s Corporate Status, whether or not Indemnitee is acting in any such capacity at the time any liability or expense is incurred for which indemnification or advancement can be provided under this Agreement.

  • Termination Amendment and Waiver 46 7.1 Termination....................................................................................46 7.2

  • General Salary Increase 1. Effective with the start of the pay week commencing closest to September 1, 2013, employees shall be provided an across-the-board salary increase of one percent (1%). Salary schedules shall be increased accordingly.

  • Amendment of Contract Period The parties may modify the contract termination date by written supplemental agreement prior to the date of termination as set forth in Article 6, Supplemental Agreements, of attachment A, General Provisions, provided, however, that the termination date may, in no event, be extended past the fifth anniversary of execution.

  • Amendment; Termination (a) This Addendum (including the Schedules hereto) may not be amended without the prior written consent of the Majority Japan Local Currency Banks hereunder and subject to the provisions of Section 8.01 of the Credit Agreement.

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