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Material non Sample Clauses

Material non compliance with the objectives and goals of the position as mutually agreed upon between the Employer and Employee.
Material non compliance with the objectives and goals of the position as mutually agreed upon between the Employer and Employee. SOUTHERN CONNECTICUT BANCORP, INC. THE BANK OF SOUTHERN CONNECTICUT Employment Agreement with Sxxxxxx X. Xxxxxxxxxxx - January 2013 Page 4 of 9
Material nonPublic Information means information regarding Target and/or its subsidiaries that is not generally available to the public and that a reasonable investor would likely consider important in deciding whether to buy or sell shares issued by the Target. MergeCo means XXX.XXXX Bermuda Ltd., an exempted company limited by shares incorporated under the laws of Bermuda with its registered office at Clarendon House, 0 Xxxxxx Xxxxxx, Xxxxxxxx XX 00, Bermuda, registered with the Bermuda Registrar of Companies under registration number 202504541.
Material nonPublic Information means information regarding Target and/or its subsidiaries that is not generally available to the public and that a reasonable investor would likely consider important in deciding whether to buy or sell shares issued by the Target. Maximum Bid Price means USD 18.43/Target Share (being the maximum nominal amount), it being understood that if a dividend payment is made on the level of the Target, the Bid Price will be reduced accordingly. MoA means a memorandum of agreement dated 8 October 2023 and entered into between the Target and Frontline plc respectively Frontfleet Ltd. or any of its guaranteed nominees in respect of each individual vessel of the A-Fleet.
Material nonPerformance Event means, in relation to a given Settlement Account for a given Activation Period: (a) the average Confirmed MW over all hours in the Contracted Dispatch Period where the Participant has been Activated for that Settlement Account is less than 75% of the Monthly Contracted MW for that Settlement Account; or (b) the Actual Activated MWh for any hour in an Activation Period for that Settlement Account is less than 75% of the Activation MW multiplied by one hour, provided that for purposes of determining a Performance Breach under Section 7.3, no more than one Material Non- Performance Event will be counted per Activation Period. Notwithstanding the foregoing, if the Participant is an Aggregator, the reference to “75%” in subparagraph (b) of this definition shall refer to “60%” if the Aggregator’s Summer Monthly Contracted MW for the Settlement Account is under 10.0 MW; or (c) a Participant who is an Aggregator, with respect to any given Activation, has failed to send Activation Notices to a sufficient number of its Contributors to permit it to meet its Confirmed MW obligations hereunder.

Related to Material non

  • Material Non-Public Information Notwithstanding any other provision of this Agreement, the Company and the Agent agree that the Company shall not deliver any Issuance Notice to the Agent, and the Agent shall not be obligated to place any Shares, during any period in which the Company is in possession of material non-public information.

  • Organization; Powers; Subsidiaries The Borrower and its Material Subsidiaries are duly organized, validly existing and in good standing (to the extent such concept is applicable in the relevant jurisdiction) under the laws of the jurisdiction of its organization, have all requisite power and authority to carry on their respective business as now conducted and, except where the failure to do so, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect, are qualified to do business in, and are in good standing (to the extent such concept is applicable) in, every jurisdiction where such qualification is required. All of the outstanding shares of capital stock and other equity interests on the Closing Date, to the extent owned by the Borrower or any Subsidiary, of each Material Subsidiary are validly issued and outstanding and fully paid and nonassessable (if applicable) and all such shares and other equity interests are owned, beneficially and of record, by the Borrower or such other Subsidiary on the Closing Date free and clear of all Liens, other than Liens permitted under Section 6.02; provided that any untruth, misstatement or inaccuracy of the foregoing representation in this sentence shall only be deemed a breach of such representation to the extent such untruth, misstatement or inaccuracy is material to the interests of the Lenders. As of the Closing Date, there are no outstanding commitments or other obligations of the Borrower or any Subsidiary to issue, and no options, warrants or other rights of any Person other than the Borrower or any Subsidiary to acquire, any shares of any class of capital stock or other equity interests of any Material Subsidiary, except as disclosed on Schedule 3.01.