From the. Second Closing Date and for so long as the Investors and their Affiliates collectively beneficially own not less than (i) 66 2/3% of the Second Closing Ownership Amount (as such ownership may be adjusted for stock splits, reverse stock splits, dividends paid in Common Stock, reclassifications of the Common Stock, and other similar events), GSCP shall have the right to designate, at all times and from time to time, three directors of the Company; (ii) 33 1/3% of the Second Closing Ownership Amount (as such ownership may be adjusted for stock splits, reverse stock splits, dividends paid in Common Stock, reclassifications of the Common Stock, and other similar events), GSCP shall have the right to designate, at all times and from time to time, two directors of the Company; and (iii) 10.0% of the Second Closing Ownership Amount (as such ownership may be adjusted for stock splits, reverse stock splits, dividends paid in Common Stock, reclassifications of the Common Stock, and other similar events), GSCP shall have the right to designate, at all times and from time to time, one director of the Company (individuals designated pursuant to this paragraph, the "Preferred Designees", and together with the Noteholder Designees, the "Investor Designees"). The Initial Preferred Designees elected pursuant to paragraph (c) below and the Initial Noteholder Designee elected prior to the Initial Closing shall be the initial Preferred Designees.
From the first full pay period after 1st April 2020– The rate of pay will be as per Appendix 1,2,3 and 4 – Table 1
From the. Compensation System, the Board shall deduct and remit for each teacher a sum equal to the teacher’s full TRS member contribution, pursuant to the Compensation Schedules, to the State of Illinois Teachers' Retirement System to be applied for the retirement account of such teacher as required by law. It is the intent of the parties by this Agreement to qualify these payments as "picked-up" contributions within the meaning of Section 414(h)(2) of the Internal Revenue Code so as to be excludable from the gross income of all teachers. The teachers shall have no right or claim to the funds so remitted except as they may subsequently become available upon retirement or resignation from the State of Illinois Teachers' Retirement System. No teacher shall have the option of choosing to receive the amounts contributed by the Board directly and the assumption and payment of the teacher's required contribution to the State of Illinois Teachers' Retirement System is a condition of employment made in order to secure the teacher's future services, knowledge and experience. The balance of the amount due each teacher pursuant to such Compensation Schedule shall be payable to the teacher as salary installments as otherwise provided herein, provided the Board shall deduct therefrom all monies as required by law or as authorized by the teacher pursuant to this Agreement, or as otherwise authorized by the Board. Such withholding shall include any and all additional amounts required to be paid to the State of Illinois Teachers' Retirement System for the account of such teacher.
From the. Theorem IV.1.
From the. Bank ......................................................... Branch .................................. drawn in your favour or made payable to you as xxxxxxx money, the full value of which will be absolutely forfeited to BOM-QIE without prejudice to any other rights or remedies of the said BOM-QIE, should I / We withdraw or modify the tender within the validity period of sixty (60) days, following the date of receipt of tender.
From the. Bank .................................................. Branch ............................drawn in your favour or made payable to you as xxxxxxx money, the full value of which will be absolutely forfeited to Government without prejudice to any other rights or remedies of the said Government, should I / We withdraw or modify the tender within the validity period of sixty (60) days, following the date of receipt of tender.
From the. “Repricing Date” when the Lender notifies the Borrower in writing, the raised loan interest rate shall be implemented for all outstanding loans of the Borrower as of the “Repricing Date”.
From the. “Re-pricing Date” notified by the Lender to the Borrower in writing, the borrower shall be subject to the “Re-pricing Date” until the “Re-pricing Date”. All outstanding loans are subject to the increased loan interest rate.
From the. Execution Date until the earlier of the Closing Date or the termination of this Agreement pursuant to Section 10.1, Seller agrees not to, and to direct or cause its Affiliates (including the Company Group) and their respective Representatives not to, directly or indirectly, take any of the following actions: (i) initiate, solicit, encourage, consider or accept in any way any inquiry, offer or proposal from, or submit any proposal to, any Person or group of Persons other than Buyer, its Affiliates and any of its and their respective Representatives relating to (A) the sale, purchase, acquisition, disposition, lease or exchange (whether by transfer, merger, consolidation or other means) of (1) all or a portion of the Equity Interests in the Company
From the. Signing Date until the Completion Date, except as prohibited by applicable Law, the Seller shall cause the Group Companies and their relevant officers, employees, agents, independent accountants and advisors to furnish to the Purchaser and its Representatives, at reasonable times and places, (a) such access to the facilities and the employees of the Group Companies as the Purchaser may from time to time reasonably request, (b) such access to the assets, books and records of the Group Companies as the Purchaser may from time to time reasonably request and (c) such access to financial and operating data and other information relating to the Group Companies as the Purchaser may from time to time reasonably request, including access to the work papers of the Seller’s and its Affiliates’ and the Group Companies’ auditors (with the consent of such auditors), in each case to the extent that such information can be provided without breaching any relevant competition Law. If, at any time after the Signing Date, the Purchaser wishes to insure against liabilities of the Purchaser and the Group Companies in respect of claims for breaches of the Seller Warranties or Company Warranties, the Seller shall provide such information as a prospective insurer may reasonably require before effecting the insurance, subject to the Purchaser and its insurer only using such information for that purpose and keeping such information confidential in accordance with Clause 17 of this Agreement, and shall otherwise reasonably cooperate with Purchaser in connection therewith.
