Most Favored Nations Status Sample Clauses

Most Favored Nations Status. So long as this Debenture is outstanding, upon any issuance by Borrower or any of its subsidiaries of any security (in an amount under one million dollars ($1,000,000)) with any term more favorable to the holder of such security or with a term in favor of the holder of such security that was not similarly provided to Holder in this Debenture, then Borrower shall notify Holder of such additional or more favorable term and such term, at Holder’s option, shall become a part of the transaction documents with Holder. Such more favorable terms include, but are not limited to, terms addressing conversion discounts, conversion look-back periods, interest rates, original issue discounts, stock sale price, private placement price per share and warrant coverage.
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Most Favored Nations Status. As of date of the issuance of the Original Note, Section 4.7 the Original Note is deleted in its entirety.
Most Favored Nations Status. Promptly, but in any event within fifteen (15) days after the occurrence of each such event or matter, give written notice (“Borrower MFN Notice”) to the Lender specifying in reasonable detail the incurrence of any new or additional material Indebtedness and the material terms (other than pricing) thereof, and of any change, whether by addition or modification in the material terms (other than pricing), conditions, covenants (including financial covenants) or events of default of any material Indebtedness. If the Lender determines in its sole discretion that the terms, covenants (including financial covenants) or events of default of any material Indebtedness of any Loan Party existing on the date of this Agreement or incurred thereafter are more restrictive with respect to any Loan Party than the terms, conditions, covenants (including financial covenants) or events of default of this Agreement, the Lender shall promptly, but in any event within fifteen (15) days after the Lender’s receipt of the Borrower MFN Notice, give written notice (“Lender MFN Notice”) to the Company specifying in reasonable detail those terms, conditions, covenants (including financial covenants) or events of default of such Indebtedness, if any, that the Lender will require to be incorporated in this Agreement and the other Loan Documents. In the event that the Lender delivers a Lender MFN Notice, then within thirty (30) days after the Company’s receipt thereof, the Company shall, and shall cause each Loan Party to, execute and deliver to the Lender such documents, instruments, consents and agreements in form and content satisfactory to the Lender, as may be required by the Lender in its sole discretion, in order to incorporate into this Agreement and the other Loan Documents the terms, conditions, covenants (including financial covenants) and events of default specified in the Lender MFN Notice, together with such supporting resolutions, incumbency certificates, opinions of counsel and other documents or information, in form, content and scope satisfactory to the Lender, as may be required by the Lender in its sole discretion.
Most Favored Nations Status. (a) The fees charged by DCCI to the NBC Network shall at no time be higher than the fees charged to any other U.S. over-the-air national television network. (b) The fees charged by DCCI to NBC Stations shall at no time be higher than the fees charged to Fox affiliates, if any, in the same Market as the applicable NBC Station. (c) The fees charged by DCCI to NBC Cable Networks shall at no time be higher than the fees charged to any comparable cable networks, set forth on the list attached hereto as Exhibit 6.3.
Most Favored Nations Status. 7.1 Seller agrees that Buyer shall be entitled to "most favored nations" status as Seller's preferred customer, so that for each and every Price Period (as defined below), Buyer will be the lowest price buyer of kraft grocery bag or sack paper or any other product, irrespective of what it is called, which is used or intended to be used in the manufacture of retail bags, including, without limitation, grocery bags or sacks (such paper or other product, "Applicable Paper"), from Seller. By virtue of this consideration and at all times during the Term, Seller agrees that in the event Seller shall, directly or indirectly (such as through a subsidiary or an affiliate), charge during a particular Price Period a lower Effective Price (as defined below) for Applicable Paper to any other entity or person than is charged to Buyer during such particular Price Period, Seller shall promptly notify Buyer and provide Buyer with the opportunity to receive such lower Effective Price offered to such third person or entity on all pending or future purchases during such particular Price Period. For purposes of this Agreement, (i) "Effective Price" shall mean the price charged by Seller per ton of Applicable Paper of the same or similar quality and grade and (ii) "Price Period" shall mean, with respect to any particular Effective Price, a period commencing when Seller, directly or indirectly (such as through a subsidiary or an affiliate), charges such Effective Price to any person or entity (other than the Buyer) and ending when the price of Applicable Paper for which such Effective Price was charged is adjusted upwards in any subsequent issue of Pulp and Paper Week Price Watch.
Most Favored Nations Status. Borrower shall give notice in writing to Bank of the occurrence of any default under any debt instruments or under any material contractual obligations or agreements with governmental authorities, and of the incurrence of new or additional debt obligations and the terms thereof, and of any change, whether by addition or modification in the terms or covenants of any debt obligation. In the event that the terms or covenants of debt obligation of Borrower existing on the date hereof or incurred hereafter are more restrictive than the terms and covenants of the Credit Agreement, such terms and covenants shall be deemed to be incorporated in the Credit Agreement for the benefit of Bank and shall be enforceable by Bank hereunder, at its discretion, as if such more restrictive terms and conditions were herein fully set forth.

Related to Most Favored Nations Status

  • Most Favored Nation While the Note or any principal amount, interest or fees or expenses due thereunder remain outstanding and unpaid, the Company shall not enter into any public or private offering of its securities (including securities convertible into shares of Common Stock) with any individual or entity (an “Other Investor”) that has the effect of establishing rights or otherwise benefiting such Other Investor in a manner more favorable in any material respect to such Other Investor than the rights and benefits established in favor of the Buyer by this Agreement or the Note unless, in any such case, the Buyer has been provided with such rights and benefits pursuant to a definitive written agreement or agreements between the Company and the Buyer.

  • Most Favored Nations The Company hereby represents and warrants that as of the date hereof, and covenants and agrees that after the date hereof, none of the agreements with any other Person for the purchase of Class A Shares or Warrants include or will include terms, rights or other benefits that are more favorable, in any material respect, to such other Person than the terms, rights and benefits in favor of the Purchaser under this Agreement, and the Company will not amend any of the terms, rights or benefits in, or waive any material obligation under, any of the agreements with such other Person unless, in any such case, the Purchaser has been offered in writing the opportunity to concurrently receive the benefits of all such terms, rights and benefits or waiver. The Purchaser shall notify the Company in writing, within ten (10) days after the date it has been offered the opportunity to receive the benefit of such terms, rights, benefits or waiver, of its election to receive any such term, right, benefit or waiver so offered.

  • Most Favored Nation Provision From the date hereof and for so long as a Purchaser holds any Securities, in the event that the Company issues or sells any Common Stock or Common Stock Equivalents, if a Purchaser then holding outstanding Securities reasonably believes that any of the terms and conditions appurtenant to such issuance or sale are more favorable to such investors than are the terms and conditions granted to the Purchasers hereunder, upon notice to the Company by such Purchaser, the Company shall amend the terms of this transaction as to such Purchaser only so as to give such Purchaser the benefit of such more favorable terms or conditions. This Section shall not apply with respect to an Exempt Issuance. The Company shall provide each Purchaser with notice of any such issuance or sale not later than ten (10) Trading Days before such issuance or sale.

  • Most-favoured-nation Provisions 1. Each Contracting Party shall ensuOx fair and equitable treatment of the investments of nationals of the other Contracting Party and shall not impair, by unreasonable or discriminatory measures, the operation, management, maintenance, use, enjoyment or disposal thereof by those nationals. Each Contracting Party shall accord to such investments adequate physical security and protection. 2. More particularly, each Contracting Party shall accord to such investments treatment which in any case shall not be less favourable than that accorded to investments of nationals of any third State. 3. If a Contracting Party has accorded special advantages to nationals of any third State by virtue of agreements establishing customs unions, economic unions, monetary unions or similar institutions, or on the basis of interim agreements leading to such unions of institutions, that Contracting Party shall not be obliged to aecord such advantages to nationals of the other Contracting Party.

  • Most-Favored-Nation Treatment 1. Each Party shall accord to investors of the other Party treatment no less favorable than that it accords, in like circumstances, to investors of any non-Party with respect to the establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments in its territory. 2. Each Party shall accord to covered investments treatment no less favorable than that it accords, in like circumstances, to investments in its territory of investors of any non-Party with respect to the establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments.

  • Favored Nations Provision Except for the Excepted Issuances, if at any time Notes or Warrants are outstanding the Company shall offer, issue or agree to issue any common stock or securities convertible into or exercisable for shares of common stock (or modify any of the foregoing which may be outstanding) to any person or entity at a price per share or conversion or exercise price per share which shall be less than the Conversion Price in respect of the Shares, or if less than the Warrant exercise price in respect of the Warrant Shares, without the consent of each Subscriber holding Notes, Shares, Warrants, or Warrant Shares, then the Company shall issue, for each such occasion, additional shares of Common Stock to each Subscriber so that the average per share purchase price of the shares of Common Stock issued to the Subscriber (of only the Common Stock or Warrant Shares still owned by the Subscriber) is equal to such other lower price per share and the Conversion Price and Warrant Exercise Price shall automatically be reduced to such other lower price per share. The average Purchase Price of the Shares and average exercise price in relation to the Warrant Shares shall be calculated separately for the Shares and Warrant Shares. The foregoing calculation and issuance shall be made separately for Shares received upon Note conversion and separately for Warrant Shares. The delivery to the Subscriber of the additional shares of Common Stock shall be not later than the closing date of the transaction giving rise to the requirement to issue additional shares of Common Stock. The Subscriber is granted the registration rights described in Section 11 hereof in relation to such additional shares of Common Stock except that the Filing Date and Effective Date vis-à-vis such additional common shares shall be, respectively, the thirtieth (30th) and sixtieth (60th) date after the closing date giving rise to the requirement to issue the additional shares of Common Stock. For purposes of the issuance and adjustment described in this paragraph, the issuance of any security of the Company carrying the right to convert such security into shares of Common Stock or of any warrant, right or option to purchase Common Stock shall result in the issuance of the additional shares of Common Stock upon the sooner of the agreement to or actual issuance of such convertible security, warrant, right or option and again at any time upon any subsequent issuances of shares of Common Stock upon exercise of such conversion or purchase rights if such issuance is at a price lower than the Conversion Price or Warrant exercise price in effect upon such issuance. The rights of the Subscriber set forth in this Section 12 are in addition to any other rights the Subscriber has pursuant to this Agreement, the Note, any Transaction Document, and any other agreement referred to or entered into in connection herewith.

  • Favored Nations The Union agrees that if, during the life of this Agreement, it grants to any other Employer in the Electrical Contracting Industry on work covered by this Agreement, any better terms or conditions than those set forth in this Agreement, such better terms or conditions shall be made available to the Employer under this Agreement and the Union shall immediately notify the Employer of any such concession.

  • Most-favoured-nation Treatment 1. Each Party shall accord to investors of the other Party treatment no less favourable than that it accords, in like circumstances, to investors of any third State with respect to the establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments in its territory. 2. Each Party shall accord to investments of investors of the other Party treatment no less favourable than that it accords, in like circumstances, to investments in its territory of investors of any third State with respect to the establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments (13). 3. Notwithstanding paragraphs 1 and 2, the Parties reserve the right to adopt or maintain any measure that accords differential treatment: (a) to socially or economically disadvantaged minorities and ethnic groups (14); or (b) involving cultural industries related to the production of books, magazines, periodical publications, or printed or electronic newspapers and music scores. 4. The treatment and protection as mentioned in paragraphs 1 to 2 of this Article shall not include any preferential treament accorded by the other Party to investments of investors of any third State based on free trade agreement, free trade zone, custom union, economic union, or agreement relating to avoidance of double taxation or for facilitating frontier trade.

  • MOST-FAVORED nation treatment 2 1. Each Party shall accord to investors of the other Party treatment no less favorable than that it accords, in like circumstances, to investors of a non-Party with respect to the establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments in its territory. 2. Each Party shall accord to covered investments treatment no less favorable than that it accords, in like circumstances, to investments in its territory of investors of a non- Party with respect to the establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments.

  • National and Most-favoured-nation Treatment 1. Each Contracting Party shall in its territory accord to investments and returns of investors of the other Contracting Party treatment which is fair and equitable and not less favourable than that which it accords to investments and returns of its own investors or to investments and returns of investors of any third state whichever is more favourable. 2. Each Contracting Party shall in its territory accord to investors of the other Contracting Party, as regards management, maintenance, use, enjoyment or disposal of their investment, treatment which is fair and equitable and not less favourable than that which it accords to its own investors or of any third State, whichever is more favourable. 3. The provisions of paragraph 1 and 2 of this Article shall not be construed so as to oblige one Contracting Party to extend to the investors of the other the benefit of any treatment, preference or privilege which may be extended by the former Contracting Party by virtue of: a. Any customs union or free trade area or a monetary union or similar international agreements leading to such unions or institutions or other forms of regional co-operation to which either of the Contracting Party is or may become a Party; b. Any international agreement or arrangement relating wholly or mainly to taxation.

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