Hive down Sample Clauses

Hive down to form a new company and to subscribe for or acquire (for cash or otherwise) any investment in or of the new company and to sell, transfer, assign, exchange and otherwise dispose of or realise any such investments or part thereof or any rights attaching thereto;
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Hive down. The following contracts shall have been transferred or assigned to Screening by CRG or one of its Subsidiaries in a form reasonably satisfactory to INTX and all counterparties to such contracts shall have consented in a form reasonably satisfactory to INTX to the transactions set forth in this Agreement: (i) UK Criminal Records Bureau; (ii) Disclosure Scotland; (iii) Equifax; (iv) Experian; (v) Analystic; (vi) Microsoft Office; (vii) Ingrove Ltd.
Sample 1
Hive down. 23.1. The Hive Down Documents shall become effective and the Corporate Reorganisation shall be implemented (the “Hive Down”). The Hive Down shall include (without limitation):- (a) the novation pursuant to the Novation Agreement of all Exposures (including, without limitation, Hedging Exposures) under the relevant Existing Facilities under which Torm Singapore is a borrower or a joint borrower so that the rights and obligations vis-à-vis Torm Singapore and the Lenders under such Existing Facilities shall be novated to the Company, save that in the event that the Lenders under the Sinosure Facility and the Commercial Facility elect not to participate in the Hive Down, there shall be no novation of the Sinosure Facility and/or the Commercial Facility; (b) the transfer of the Vessels (which shall only include those Vessels which are part of the Collateral Pool of the Sinosure Facility and/or the Commercial Facility if the Lenders under the Sinosure Facility and/or the Commercial Facility have agreed to participate in the Hive Down) (“Transferred Vessels”) to each Vesselco; and (c) the entry into bareboat charter arrangements between each Vesselco and the Company, together with such other arrangements as may be required or advisable in order to continue the technical and commercial operation of the Transferred Vessels uninterrupted which shall in all material respects be consistent with the Structure Papers. Such agreements shall be reasonably acceptable to the Co-ordinator and to the relevant Lenders under the Existing Facility Agreements, with all obligations thereunder fully subordinated to the Existing Finance Documents, the New Transaction Security Documents and the debt under the Super Senior Facility and related documents. 23.2. In consideration for the transfers referred to above the Company, each Vesselco, Vessel Holdco, each Torm GP and Torm GP ApS shall grant New Transaction Security as required by the Super Senior Facility Agreement and the Framework Agreement and each Vesselco shall enter into a guarantee in relation to the Existing Facility relevant to that Vesselco. 23.3. In the event that it is necessary to release any of the Existing Transaction Security the Lenders and the Company shall cooperate with regard to such release, the Hive Down and the completion and registration of transfers of the Transferred Vessels and of the New Transaction Security Documents to ensure that the registration of the New Transaction Security occurs immediately (o...
Sample 1
Hive down. 11.1 On the first Business Day immediately following the date of this agreement Opsys and Opsys UK will execute the Hive Down Documentation and complete the Hive Down Reorganisation.
Sample 1
Hive down. The Parent shall use commercially reasonable endeavours to procure that each Material Contract is amended within three months of the date of this Agreement to replace itself as a party with Frigoinvest Holdings B.V.or any other Obligor or to join Frigoinvest Holdings B.V. or any other Obligor as a party to such Material Contract with the same rights and benefits thereunder as the Parent (on a joint and several or a several basis).
Sample 1

Related to Hive down

  • Placement of DNS probes Probes for measuring DNS parameters shall be placed as near as possible to the DNS resolvers on the networks with the most users across the different geographic regions; care shall be taken not to deploy probes behind high propagation-­‐delay links, such as satellite links.

  • Sales Agreement This Agreement has been duly authorized, executed and delivered by the Company.

  • Placement of EPP probes Probes for measuring EPP parameters shall be placed inside or close to Registrars points of access to the Internet across the different geographic regions; care shall be taken not to deploy probes behind high propagation-­‐delay links, such as satellite links.

  • Smoke Detectors At Owner's expense, smoke detectors will be installed on the Property in working condition in accordance with the law prior to the tenant's occupancy. During the occupancy, it shall be the tenant's responsibility to maintain all smoke detectors. Owner will replace smoke detector equipment as needed.

  • No Other Sales Agency Agreement The Company has not entered into any other sales agency agreements or other similar arrangements with any agent or any other representative in respect of at the market offerings of the Shares.

  • The Sales Agreement This Agreement has been duly authorized, executed and delivered by, and is a valid and binding agreement of, the Company, enforceable in accordance with its terms, except as rights to indemnification hereunder may be limited by applicable law and except as the enforcement hereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting the rights and remedies of creditors or by general equitable principles.

  • Placement Upon successful completion of his or her training period, the Hospital and the Union undertake to waive any restrictions which might otherwise apply, and the employee will be placed in the job identified in 9.11 (a) (i). An employee subject to layoff who applies but later declines to accept a retraining offer or fails to complete the training will remain subject to layoff.

  • Company to Provide Copy of the Prospectus in Form That May be Downloaded from the Internet If requested by the Representatives, the Company shall cause to be prepared and delivered, at its expense, within one business day from the effective date of this Agreement, to the Representatives an “electronic Prospectus” to be used by the Underwriters in connection with the offering and sale of the Offered Shares. As used herein, the term “electronic Prospectus” means a form of Time of Sale Prospectus, and any amendment or supplement thereto, that meets each of the following conditions: (i) it shall be encoded in an electronic format, satisfactory to the Representatives, that may be transmitted electronically by the Representatives and the other Underwriters to offerees and purchasers of the Offered Shares; (ii) it shall disclose the same information as the paper Time of Sale Prospectus, except to the extent that graphic and image material cannot be disseminated electronically, in which case such graphic and image material shall be replaced in the electronic Prospectus with a fair and accurate narrative description or tabular representation of such material, as appropriate; and (iii) it shall be in or convertible into a paper format or an electronic format, satisfactory to the Representatives, that will allow investors to store and have continuously ready access to the Time of Sale Prospectus at any future time, without charge to investors (other than any fee charged for subscription to the Internet as a whole and for on-line time). The Company hereby confirms that it has included or will include in the Prospectus filed pursuant to XXXXX or otherwise with the Commission and in the Registration Statement at the time it was declared effective an undertaking that, upon receipt of a request by an investor or his or her representative, the Company shall transmit or cause to be transmitted promptly, without charge, a paper copy of the Time of Sale Prospectus.

  • Placement of RDDS probes Probes for measuring RDDS parameters shall be placed inside the networks with the most users across the different geographic regions; care shall be taken not to deploy probes behind high propagation-­‐delay links, such as satellite links.

  • Default Not Exceeding 10% of Firm Units If any Underwriter or Underwriters shall default in its or their obligations to purchase the Firm Units and if the number of the Firm Units with respect to which such default relates does not exceed in the aggregate 10% of the number of Firm Units that all Underwriters have agreed to purchase hereunder, then such Firm Units to which the default relates shall be purchased by the non-defaulting Underwriters in proportion to their respective commitments hereunder.

Most Referenced Clauses

Most Referenced Definitions