Initial Registration Completion Sample Clauses

Initial Registration Completion. It is expected that construction of the basement floors of the Building will be completed in 2025, and Capping and Construction Completion will occur in 2026 and 2027 respectively. Prior to the confirmation of the final Entitlement Ratios of the parties, the Entitlement of each party of the Building will be calculated from time to time based on the RMB3.1 billion deemed commitment of Guangzhou Xingchengsi and the RMB2.8 billion estimated commitment of Guangdong Zhongwei, as adjusted by any changes on such estimates and changes in the commitments of the parties pursuant to the terms of the Cooperation Agreement. After obtaining the pre-sale approval for the Project, Guangdong Zhongwei and Guangzhou Xingchengsi may sell the units allocated to them pursuant to the Units Allocation (the ‘‘Property Sales’’), and the sale proceeds will be collected by the Project Company and distributed to the relevant parties (net of costs of sales) according to the terms of the Cooperation Agreement. Changes in voting rights of the parties in the Project Company : The parties’ voting rights in the Project Company shall be proportionate to their respective Entitlement Ratios before Capping. Upon Capping, the voting rights will be changed to 51% and 49% respectively; upon Construction Completion, the voting rights will be changed to 95% and 5% respectively; and upon completion of the Third Proposed Disposal, Guangzhou Xingchengsi will cease to have any voting rights in the Project Company. Liabilities on general default : Prior to the First Loan Provision, in the event of breach of the Cooperation Agreement by Guangdong Zhongwei, the Xxxxxxx Money will be forfeited by the Project Company; and in the event of breach by Guangzhou Xingchengsi or the Project Company, liquidated damages doubled the amount of the Xxxxxxx Money shall be paid to Guangdong Zhongwei. Upon the First Loan Provision, if Guangdong Zhongwei fails to make any Loan Provisions to the Project Company in accordance with the payment schedule under the Cooperation Agreement for more than 10 working days, Guangdong Zhongwei shall pay liquidated damages of 0.01% of the amount of the outstanding Loan Provision to Guangzhou Xingchengsi for each day of delay. Similarly, Guangzhou Xingchensi shall pay liquidated damages at the same rate if its breach caused monetary damages to Guangdong Zhongwei or the Project Company. Liabilities on material default Material default by Guangdong Zhongwei In the event of material breach by...
Sample 1
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Related to Initial Registration Completion

  • Initial Registration Periods Initial registrations of registered names may be made in the registry in one (1) year increments for up to a maximum of ten (10) years. For the avoidance of doubt, initial registrations of registered names may not exceed ten (10) years.

  • Supported Initial and Renewal Registration Periods a. Initial registrations of Registered Names (where available according to functional specifications and other requirements) may be made in the registry for terms of up to ten years.

  • Expenses of Registration All expenses incurred in connection with registrations, filings or qualifications pursuant to Sections 2 and 3, including, without limitation, all registration, listing and qualifications fees, printers, legal and accounting fees shall be paid by the Company.

  • ROAD WORK PHASE APPROVAL Purchaser shall obtain written approval from the Contract Administrator upon completion of each of the following phases of road work:  Drainage installation  Subgrade compaction  Rock compaction SUBSECTION RESTRICTIONS

  • NERC Registration If and to the extent any of the NTO’s facilities are NERC jurisdictional facilities, the ISO will register for certain NERC functions applicable to those NTO facilities. Such functions may include, without limitation, those functions designated by NERC to be “Reliability Coordinator” and “Balancing Authority” and “Transmission Planner” and “Planning Coordinator.” The Parties agree to negotiate in good faith the compliance obligations for the NERC functions applicable to, and to be performed by, each Party with respect to the NTO’s facilities. Notwithstanding the foregoing, the ISO shall register for the “Transmission Operator” function for all NTO Transmission Facilities under ISO Operational Control identified in Appendix A-1 of this Agreement.

  • DIR Registration California Labor Code Section 1725.5 requires the Contractor and all subcontractors performing Public Works services to be currently registered with the DIR, as specified in California Labor Code Section 1725.5. California Labor Code Section 1771.1 provides that a contractor or subcontractor shall not be qualified to bid on, be listed in a bid proposal (subject to the requirements of Section 4104 of the California Public Contract Code), or engage in the performance of any contract for Public Work, unless currently registered and qualified to perform Public Work in accordance with California Labor Code Section 1725.5. Further information can be found on DIR’s website at xxxx://xxx.xxx.xx.xxx/Public-Works/Contractors.html. The above summary is provided solely for informational purposes and does not in any way affect the Contractor’s and subcontractors’ obligation to comply in all respects with all other applicable laws and regulations. The Contractor shall disseminate these provisions to all subcontractors. Before the performance of work by Contractor or any subcontractor(s) under this Contract, Contractor shall furnish Contractor’s and any subcontractors’ current DIR registration number(s). The Contractor’s current DIR registration number and the current DIR registration number of all subcontractors will be listed on the Subcontractor and LBE Participation Verification Form, incorporated herein.

  • Delay of Registration No Holder shall have any right to obtain or seek an injunction restraining or otherwise delaying any registration pursuant to this Agreement as the result of any controversy that might arise with respect to the interpretation or implementation of this Section 2.

  • Registration Statement The Registration Statement shall have become effective under the Securities Act and no stop order suspending the effectiveness of the Registration Statement shall have been issued and no proceedings for that purpose shall have been initiated or threatened by the SEC.

  • Demand Registration (a) Subject to the provisions hereof, at any time on or after the date that is 180 days after the Closing Date, the Holders of a majority of Registrable Securities shall have the right to require the Company to file a Registration Statement registering for sale all or part of their respective Registrable Securities under the Securities Act (a “Demand Registration”) by delivering a written request therefor to the Company (i) specifying the number of Registrable Securities to be included in such registration by such Holder or Holders, (ii) specifying whether the intended method of disposition thereof is pursuant to an Underwritten Offering (as defined below), and (iii) containing all information about such Holder required to be included in such Registration Statement in accordance with applicable Law. As soon as practicable after the receipt of such demand, the Company shall (x) promptly notify all Holders from whom the request for registration has not been received and (y) use reasonable best efforts to effect such registration (including, without limitation, appropriate qualification under applicable blue sky or other state securities Laws and appropriate compliance with applicable regulations issued under the Securities Act and any other governmental requirements or regulations) of the Registrable Securities that the Company has been so requested to register; provided, however, that (i) the Holders shall not make a request for a Demand Registration under this Section 3.2(a) for Registrable Securities having an anticipated aggregate offering price of less than $5,000,000, (ii) the Holders will not be entitled to require the Company to effect more than three (3) Demand Registrations in the aggregate under this Agreement, and (iii) the Company will not be obligated to effect more than one (1) Demand Registration in any six (6) month period.

  • AGREED FACTS Registration History 6. The Respondent was registered in the securities industry commencing in 1997.

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