No Less Favorable Treatment Sample Clauses

No Less Favorable Treatment. The Parties expressly agree that Project Work will not receive less favorable treatment than that on any other project which the Unions, Contractors and employees work.
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No Less Favorable Treatment. The Unions agree that Project Work will not be treated less favorably than other work performed by the Unions.
Sample 1Sample 2
No Less Favorable Treatment. Notwithstanding anything to the contrary contained herein, if any warrants issued to the holders of CIH Notes Claims or CCH Notes Claims under the Plan of Reorganization are amended or restated or otherwise modified in any respect at any time after the Effective Date such that any such warrants contain any terms and/or provisions more favorable than the terms and provisions contained in this Agreement or the Warrants issuable hereunder, (i) the Company shall promptly deliver written notice to each Registered Holder (with a copy delivered to the Warrant Agent) specifying in reasonable detail the terms and provisions of such amendment, restatement or other modification, (ii) each Registered Holder may, at its sole option, within fifteen (15) Business Days of the receipt of such written notice, elect to include such terms and/or provision in the Warrants held by such Registered Holder by delivering written notice to the Company of such election (with a copy delivered to the Warrant Agent) and (iii) in the event of such an election by a Registered Holder, the Company agrees to perform any and all actions reasonably necessary to effectuate the inclusion of such terms and/or provisions in the Warrants held by such Registered Holder, including without limitation, executing any amendment or restatement hereof or thereof.
Sample 1
No Less Favorable Treatment. To the extent that any Other Pangaea Group Loan Facility grants to the lenders therein any financial covenant that is more favorable (such covenant being, an “Enhanced Financial Covenant”) than the financial covenants (individually or collectively) stated in Clause 12 of this Agreement, this Agreement shall be deemed to be amended so as to cause such Enhanced Financial Covenant to apply to this Agreement concurrently with such Enhanced Financial Covenant applying to such Other Pangaea Group Loan Facility.
Sample 1

Related to No Less Favorable Treatment

  • Intended Tax Treatment Notwithstanding anything to the contrary herein or in any other Transaction Document, all parties to this Agreement covenant and agree to treat each Loan under this Agreement as debt (and all Interest as interest) for all federal, state, local and franchise tax purposes and agree not to take any position on any tax return inconsistent with the foregoing.

  • Accounting Treatment For accounting purposes, the Merger is intended to be treated as a "purchase."

  • Pro Forma Treatment Each Disposition of all or substantially all of a line of business, and each Acquisition, by the Borrower and its Subsidiaries that is consummated during any Measurement Period shall, for purposes of determining compliance with the financial covenants set forth in Section 7.11 and for purposes of determining the Applicable Rate, be given Pro Forma Effect as of the first day of such Measurement Period.

  • Federal Tax Treatment Notwithstanding anything to the contrary contained in this Agreement or any document delivered herewith, all persons may disclose to any and all persons, without limitation of any kind, the federal income tax treatment of the Notes, any fact relevant to understanding the federal tax treatment of the Notes, and all materials of any kind (including opinions or other tax analyses) relating to such federal tax treatment.

  • REIT Treatment The Company will use its best efforts to meet the requirements to qualify as a “real estate investment trust” under the Code for any taxable years that include any portion of the term of this Agreement.

  • Consistent Treatment Unless and until there has been a Final Determination to the contrary, each Party agrees not to take any position on any Tax Return, in connection with any Tax Contest or otherwise that is inconsistent with (i) the treatment of payments between the Parent Group and the SpinCo Group as set forth in Section 5.4, (ii) the Tax Materials or (iii) the Intended Tax Treatment.

  • Income Tax Treatment It is intended by the parties hereto that the Merger qualify as a “reorganization” within the meaning of Section 368(a) of the Code. The parties hereto hereby adopt this Agreement as a “plan of reorganization” within the meanings of Sections 1.368-2(g) and 1.368-3(a) of the U.S. Treasury Regulations promulgated under the Code.

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