Meridian if the Account is not the result of healthcare services provided pursuant to a program of the United States Government which requires that payments thereunder be made only to the Governmental Lock Box, in all other cases,
Meridian. However, because of the advanced age of that ship, the parties have agreed to further evaluate the economic feasibility of that proposed installation and operation. Accordingly, the parties, by mutual agreement, may add the m.v. Meridian to this Agreement as an Additional Ship, whereupon SeaVision shall install and operate the System on-board the m.
Meridian. Meridian is a corporation duly organized and existing in -------- good standing under the laws of the Commonwealth of Pennsylvania, with its principal executive offices located in Reading, Pennsylvania. Meridian has 200,000,000 authorized shares of common stock, each of $5.00 par value ("Meridian Common Stock"), and 25,000,000 authorized shares of preferred stock, each of $25.00 par value, of which, as of September 30, 1995, 515,434 shares of Meridian Common Stock were issued and held by Meridian as treasury stock and 57,822,604 shares of Meridian Common Stock were issued and outstanding. No shares of Meridian preferred stock are issued and outstanding.
Meridian. MS All of the real property situated in the County of Lauderdale, State·or Mississippi more particularly dest:ribed as follows: ...
Meridian. In consideration of the covenants contained herein, Meridian agrees to the following:
1. Meridian’s obligations pursuant to this Sections III(A)(2) and (3) and Section V(B) below shall become binding and effective upon either
a. the closing of a Corporate Transaction; or
b. the payment of the Initial Payment and the transfer of the Savanne Fee Property, as set forth Sections III(A)(2) and (3) below, with the prior consent, if contractually-required, of the Agent and the Required Lenders under The Meridian Amended and Restated Credit Agreement dated as of December 23, 2004 (as amended). Otherwise, unless the Parties agree to extend the Compromise as set forth in Section III(A)(4) below, this Compromise will terminate and neither Meridian nor Shell shall be bound by its terms.
2. Meridian will either make or cause to be made a cash payment to Shell in the amount of $5,000,000.00, payable in five equal, annual payments beginning on April 1, 2010, or at the closing of the Corporate Transaction, whichever occurs earlier (the “Initial Payment”). In the event that the closing date occurs before April 1, 2010, Meridian will notify Shell of the closing date. Subsequent annual installments will be made on January 4th for each of the following four years (“Yearly Installments”). Should Meridian fail to timely make any subsequent annual installment interest shall begin to run on such payment at a rate of 18%, or the maximum rate allowed by law, whichever is lower, compounded annually beginning thirty (30) days after said payment was due. Furthermore, Shell shall be entitled to recover from Meridian its reasonable and necessary attorney’s fees and costs in any action to recover such payment.
3. At the time of closing of the Corporate Transaction or at the time of the Initial Payment, whichever is earlier, Meridian will convey good title to the Savanne Fee Property (as described in Exhibit A hereto), to Shell and in connection with same will provide any and all information concerning title and existing environmental conditions or activities on the Savanne Fee Property.
4. In the event that 1) Meridian is unable to close a Corporate Transaction on or before April 1, 2010, and 2) Meridan fails to make or cause to be made the Initial Payment and transfer the Savanne Fee Property as set forth in Sections III(A)(2) and (3) above, this Compromise shall terminate on April 2, 2010, and neither Party shall be obligated pursuant to its terms, unless the Parties agree in writing t...
Meridian. 4 Range 26 Township 53 Section 4 Quarter North East All that portion lying south of the southerly limit of the station grounds of the Grand Trunk Pacific Railway as shown on Railway Plan 6267R containing 19.32 hectares (47.78 acres) more or less Excepting thereout: Hectares (Acres) more or less A) All that portion described as follows: Commencing at the intersection of the east boundary of the said Quarater Section with the southerly limit of the said station grounds thence westerly along the said southerly limit 847 feet, thence southerly and at right angles to the said southerly limit 89 feet, thence easterly and parallel to the said southerly limit of the station grounds to the easterly boundary of the Quarter, thence northerly along the said east boundary to the point of commencement Containing.............. 0.692 1.71 B) Plan 7521459 Road 0.376 0.93 C) Plan 7521620 Subdivision 3.04 7.53 D) Plan 9720886 Railway 0.546 1.35 Excepting thereout all mines and minerals
Meridian. Meridian International Co., Ltd. USA is a person in the course of doing business for purposes of the Safe Drinking Water and Toxic Enforcement Act of 1986, California Health & Safety Code §§ 25249.6 et seq. (“Proposition 65”).
Meridian. Xx.00 Xxxxxxxxx Xxxxx, Xxxxxx Xxxxx, 0000, Xxx- Xxxx Xxxxx, Xxxxx Xxxxxx; SPAR: SPAR Group, Inc. Attention: Xx. Xxxxxx X. Brown, Chairman 000 Xxxxx Xxxxxx Xxxx, Xxxxxxxxx, XX, XXX 00000;
Meridian and Kraeutler may enter into a consulting agreement under which Kraeutler will assist his successor in the transition of Kraeutler's duties, if the Board of Directors of Meridian determines that such an arrangement would be in the best interests of Meridian. The terms of such consulting agreement will be negotiated between Kraeutler and Meridian and implemented at the discretion of the Board, but at a minimum will provide for compensation to Kraeutler on a retainer and per diem basis (based upon Kraeutler's then current Base Salary level), as well as reimbursement by Meridian of Kraeutler's out-of-pocket expenses incurred in performing his duties thereunder, a company car allowance and payment of professional memberships at a comparable level that Kraeutler was receiving at the date of his termination as provided herein. The consulting arrangement shall be non-exclusive, but shall contain reasonable and appropriate non-competition provisions to Meridian.
Meridian. Classroom and special teachers will receive a minimum of seventy (70) minutes of plan time per day consisting of no less than thirty (30) consecutive minutes during student school hours. In addition to this plan time, the classroom teachers’ schedules shall provide for at least ten (10) minutes per day of plan time immediately preceding or immediately following the teachers’ duty-free lunch period. All other members will have a minimum of sixty-five (65) minutes of plan time per day distributed across one (1) or two (2) blocks of time and no less than twenty (20) minutes for a single plan time. In addition, special education resource and/or self-contained teachers with less than seventy (70) minutes of plan time per week may utilize one (1) release day per trimester with pre-approval from building administration, taken in a half- or full- day increment for the purpose of completing required paperwork and planning for complex student needs. With pre-approval from building administration, one (1) additional paperwork day may be requested for teachers assigned to a self-contained special education program during the school year in extenuating circumstances. Any unused days in a trimester may not accumulate or rollover into the following trimester.