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.
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.
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.

Related to No Less Favorable Treatment

  • Equitable Treatment ICANN shall not apply standards, policies, procedures or practices arbitrarily, unjustifiably, or inequitably and shall not single out Registry Operator for disparate treatment unless justified by substantial and reasonable cause.

  • Xxx Treatment We have not promised you any particular tax outcome from buying or holding the Note.

  • Sale Treatment The Company has determined that the disposition of the Mortgage Loans pursuant to this Agreement will be afforded sale treatment for accounting and tax purposes;

  • National Treatment and Most-favoured-nation Treatment (1) Each Contracting Party shall accord to investments of investors of the other Contracting Party, treatment which shall not be less favourable than that accorded either to investments of its own or investments of investors of any third State. (2) In addition, each Contracting Party shall accord to investors of the other Contracting Party, including in respect of returns on their investments, treatment which shall not be less favourable than that accorded to investors of any third State. (3) The provisions of paragraphs (1) and (2) above 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 resulting from: (a) Any existing or future free trade area, customs unions, monetary union or similar international agreement or other forms of regional cooperation to which one of the Contracting Parties is or may become a party, or (b) Any matter pertaining wholly or mainly to taxation.

  • 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.

  • Special Tax Treatment Capital gains treatment and 10-year forward income averaging authorized by IRC Sec. 402 do not apply to IRA distributions.

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

  • 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.

  • 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.

  • Denial of Preferential Tariff Treatment The Customs Authority of the importing Party may deny a claim for preferential tariff treatment when: (a) the good does not qualify as an originating good; or (b) the importer, exporter or producer fails to comply with any of the relevant requirements of this Chapter.

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