or 4 Sample Clauses

or 4. All material recording or other similar taxes required to be paid by any Loan Party under applicable Legal Requirements currently in effect in connection with the execution, delivery, recordation, filing, registration, perfection or enforcement of any of the Loan Documents have been paid.

or 4. 16.3.4, the rights and obligations of the Parties shall be the same as if the Contract was terminated pursuant to Section 4.16.2.

or 4. The Participant shall also have the right to elect and change settlement options by providing written notice to the Bank and the Insurer.

or 4 to reduce the liability of the Borrower or avoid the results provided thereunder, so long as such designation is not disadvantageous to such Lender as determined by such Lender in its sole discretion, except that such Lender shall have no obligation to designate a Lending Office located in the United States of America.

or 4. 05 in a manner that would alter the pro rata sharing of payments required thereby, this Section 12.04 or modifies the definition of “Majority Lenders” shall be effective without consent of all Lenders; (ii) no amendment, modification or waiver which increases the Maximum Revolving Credit Amount of any Lender shall be effective without the consent of such Lender; and (iii) no amendment, modification or waiver which modifies the rights, duties or obligations of the Administrative Agent shall be effective without the consent of the Administrative Agent. Notwithstanding anything to the contrary herein, no Defaulting Lender shall have any right to approve or disapprove any amendment, waiver or consent hereunder, except that the Commitment of such Lender may not be increased or extended without the consent of such Lender. If a Lender does not consent to a proposed amendment, consent, waiver or release with respect to a Loan Document that requires the consent of each Lender, if such amendment, consent, waiver or release has been approved by the Majority Lenders, Borrower may replace such non-consenting Lender pursuant to Section 5.06; provided that such amendment, consent, waiver or release can be effected as a result of the assignment contemplated by such Section (together with all other such assignments required by Borrower to be made pursuant to this paragraph).

or 4 are not granted or are granted subject to undertakings, obligations or conditions having a Material Adverse Effect, the Parties shall in good faith negotiate amendments necessary or appropriate with a view to either not include the Group Companies being the subject matter of such refusal in the transaction contemplated herein or to avoid or reduce such undertakings, obligations and/or conditions and/or their respective adverse effects.

or 4. 4. In the event the Executive’s employment is terminated pursuant to Section 4.1 or 4.4, the Company shall pay to the Executive the compensation and benefits otherwise payable to him under Section 3 through the last day of his actual employment by the Company. Any compensation previously earned by Executive hereunder but not yet paid to him shall be accelerated and shall become payable in a lump sum upon such a termination of employment, unless the Executive has made an irrevocable election under any deferred compensation arrangement subject to Section 409A of the Code to defer any portion of such compensation, in which case such deferral election, and the terms of the applicable arrangement, shall apply to such portion and such amounts shall be payable in accordance with the applicable arrangement.

or 4. 2.2 shall not ------------- ----- be effective until received by Lender. Any written notice or demand that is not sent in conformity with the provisions hereof shall nevertheless be effective on the date that such notice is actually received by the noticed party.

or 4. 2.1.4.2 ----------------- above), during the course of the construction thereof, Tenant shall immediately repair the same at Tenant's sole cost and expense. Tenant's Agents shall maintain all of the foregoing insurance coverage in force until the Tenant Improvements are fully completed and accepted by Landlord. All policies carried under this SECTION 4.

or 4. 11, a ground of relief under this clause relieves the party failing to perform from liability in damages, from penalties and other contractual sanctions, and from the duty to pay interest on money owing, as long as and to the extent that the ground subsists.