Moratorium Period. After completion of eight continuous years under the Policy, no look back to be applied. This period of eight years is called as ‘Moratorium Period’. The moratorium would be applicable for the Sums Insured of the first Policy with Us and subsequently completion of eight continuous years would be applicable from date of enhancement of Sum Insured only on the enhanced limits. After the expiry of Moratorium Period, no health insurance claim shall be contestable except for proven fraud and permanent exclusions specified in the Policy contract. The Policy would however be subject to all limits, sub limits, co-payments, deductible as per the Policy contract.
Moratorium Period. For carrying out the fit-outs, finishing works etc., Licensee would be permitted to have a rent free moratorium period. The moratorium period shall be as follows – • Built Up Area > 100 Sqm but < 500 Sqm - 90 days • Built Up Area > 500 Sqm but < 1000 Sqm - 120 days • Built Up Area > 1000 Sqm - 180 days The moratorium period shall commence from the date of handing over of business space to licensee. The license fee shall commence immediately after expiry of applicable rent-free moratorium period. The escalation on License Fees shall be counted from the commencement date of License tenure.
Moratorium Period. 4.1 The Sale Stocks shall be held on trust by the Trustee for a period of eighteen (18) months from the date of the Certificate of Trust (“Moratorium Period”).
4.2 During the Moratorium Period, the Purchaser shall not have the authority to re-sell the Sale Stocks to any third party.
4.3 After the expiry of the Moratorium Period, if the Purchaser is desirous of selling his/her Sale Stocks or any part thereof, he/she shall indicate his/her intention of selling to the Trustee and shall submit the Certificate of Trust and a Letter of Instruction in the form specified in Schedule 2 of this Agreement to the Trustee.
4.4 The Purchaser hereby acknowledges that the Trustee shall be utilising the services of a broker to assist the Purchaser in the sale of the Sale Stocks and thus the proceeds of sale to be paid to the Purchaser shall be less all costs incidental to the sale thereof including any broker fees.
Moratorium Period. Except as permitted in the next sentence, notwithstanding any other provision of this Agreement, no player and Team may enter into any oral or written agreement concerning terms and conditions of the player’s employment, or reduce any such agreement to writing in the form of a Uniform Player Contract or amendment, during the Moratorium Period. The following shall be permitted during the Moratorium Period: (i) a player may accept any Required Tender, Qualifying Offer, or “Maximum Qualifying Offer” (as defined in Article XI, Section 4(a)(ii)) that is outstanding; (ii) a player and a Team may negotiate over the terms and conditions of a Player Contract that may be entered into following the conclusion of the Moratorium Period; (iii) a player and a Team may enter into an Offer Sheet; (iv) a First Round Pick and the Team that holds his draft rights may enter into a Rookie Scale Contract; and (v) a player and a Team may enter into a Player Contract, not to exceed two (2) Seasons in length, that provides for a Salary for each Salary Cap Year equal to the Two-Way Player Salary or the Minimum Player Salary applicable to the player (with no bonuses of any kind), and (v) a Team may exercise a Two- Way Contract’s Standard NBA Contract Conversion Option or, with respect to a Contract with an Exhibit 10, such Contract’s Two-Way Player Conversion Option, in accordance with Article II, Section 11(g) and (i) above.
Moratorium Period. For carrying out the fit-outs, finishing works etc., Licensee would be permitted to have a rent free moratorium period of 30 days. The moratorium period shall commence from the date of handing over of business space to licensee. The license fee shall commence immediately after expiry of applicable rent-free moratorium period. The escalation on License Fees shall be counted from the commencement date of License tenure.
Moratorium Period. Each of the Key Founders, the Other Shareholders and the Existing Preferred Shareholders agrees that for a period of six (6) months from the date of the issuance of the Series C Shares (the “Moratorium Period”), he/it shall not, without the prior written consent of the Series C Shareholder, Transfer any of their respective Equity Securities. Xxxxxxx Xxx Xxxxx (黄伟) further agrees that he shall not, without the prior written consent of the Series C Shareholder, Transfer any of his beneficial interests in the Company for a further period of twelve (12) months commencing from the end of the Moratorium Period, which would result in his beneficial interests in the share capital of the Company becoming less than 15.17% following any such Transfer.
Moratorium Period. Except as permitted in the remainder of this Section 15, notwithstanding any other provision of this Agreement, no player and Team may enter into any oral or written agreement concerning terms and conditions of the player’s employment, or reduce any such agreement to writing in the form of a Uniform Player Contract or amendment, during the Moratorium Period. The following shall be permitted:
(a) During the Moratorium Period,
(i) a player and a Team may negotiate over the terms and conditions of a Player Contract or an Extension that may be entered into following the conclusion of the Moratorium Period;
(ii) a player and a Team may negotiate an Offer Sheet (as defined in Article XI, Section 5(b)) that may be entered into beginning at 12:01 p.m. eastern time on the first day of the Moratorium Period;
(iii) a player may accept any Required Tender, Qualifying Offer, or “Maximum Qualifying Offer” (as defined in Article XI, Section 4(a)(ii)) that is outstanding; and
(iv) a Team may exercise a Two-Way Contract’s Standard NBA Contract Conversion Option in accordance with Article II, Section 11(f) above.
(b) Beginning at 12:01 p.m. eastern time on the first day of the Moratorium Period,
(i) a player and a Team may enter into an Offer Sheet;
(ii) a First Round Pick and the Team that holds his draft rights may enter into a Rookie Scale Contract;
(iii) a Second Round Pick and the Team that holds his draft rights may enter into a Player Contract signed pursuant to the Second Round Pick Exception;
(iv) a player and a Team may enter into a Player Contract, not to exceed two (2) Seasons in length, that provides for a Salary for each Salary Cap Year equal to the Two-Way Player Salary or the Minimum Player Salary applicable to the player (with no bonuses of any kind); and
(v) a Team may exercise the Two-Way Player Conversion Option in a Contract with an Exhibit 10 in accordance with Article II, Section 11(h) above.
Moratorium Period. As of the Effective Date, each Signatory Producer/Exporter agrees, pursuant to section 734(b)(1) of the Act, to cease exports of UANS to the United States during the period ending on June 30, 2003.
Moratorium Period. Documents Required of 8 Borrower & Guarantor 9 Guarantors
Moratorium Period. For carrying out the fit-outs, finishing works etc., successful bidder would be permitted to have a rent free moratorium period of 30 days. The moratorium period shall commence from the date of handing over of business space to licensee. The license fee shall commence immediately after expiry of applicable rent-free moratorium period. The escalation on License Fees shall be counted from the commencement date of License tenure.
