Participation Commitment Sample Clauses

Participation Commitment. Immediately upon the issuance of each Letter of Credit by an LC Issuer (or an amendment to a Letter of Credit increasing the Stated Amount thereof), the Committed Lenders of each Lender Group shall be deemed to, and hereby irrevocably and unconditionally agree to, purchase from such LC Issuer, a participation in such Letter of Credit (as it may be so amended) and each drawing thereunder in an amount equal to their respective Lender Group Percentages of the Stated Amount of such Letter of Credit and the amount of such drawing, respectively. Such participations in such LC Credit Extensions by each Committed Lender shall constitute an agreement by such Committed Lender to make a Loan under Section 2.02 only in the event that (i) the related Letter of Credit is subsequently drawn upon and (ii) the Conduit Lenders in its Lender Group do not fund the Lender Group Percentage of a Reimbursement Borrowing in connection with such draw. In the event any Letter of Credit expires or is surrendered to the applicable LC Issuer in accordance with its terms without being drawn (in whole or in part) then, in such event, the foregoing obligation of the Committed Lenders to make such Loan in respect of such Letter of Credit shall expire to the extent of the face amount thereof which has expired or been so surrendered.
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Participation Commitment. Each holder of Units desiring to accept the offer contained in the Participation Notice will send an irrevocable commitment (each, a “Participation Commitment”) to the Company within fifteen (15) Business Days after the effectiveness (in accordance with Section 13.2) of the Participation Notice specifying the number (not in any event to exceed the product of the Participation Portion multiplied by the aggregated number of securities in the Issuance) or proportion (not in any event to exceed the Participation Portion) of Subject Securities which such holder desires to be issued (each, a “Participation Buyer”). Each holder of Units which has not so accepted such offer, or that does not comply with Section 13.6, will be deemed to have waived all of such holder’s rights with respect to the Issuance under this Article 13, and the Company will thereafter be free to issue the Subject Securities in such Issuance to the Prospective Subscribers and any Participating Buyers at a price not less than 90% of the price set forth in the Participation Notice, without any further obligation to such non-accepting holders under this Article 13. If, prior to consummation, the terms of such proposed Issuance will change with the result that the price will be less than 90% of the price set forth in the Participation Notice, it will be necessary for a separate Participation Notice to be furnished, and the terms and provisions of this Article 13 separately complied with, in order to consummate such Issuance pursuant to this Article 13; provided, however, that in the case of such a separate Participation Notice, each applicable period to which reference is made in this Article 13 will be the longer of (a) the remaining portion of the 15 Business Day period applicable to the first Participation Notice distributed in connection with such proposed Issuance or (b) five (5) Business Days.
Participation Commitment. District will engage in prevention, preparedness and mitigations efforts within its boundaries and apply the participation credits equally across its boundaries for the benefit of City and the other participating political subdivisions served by the District in order to meet the participation commitment level of all the political subdivisions it serves.
Participation Commitment. To gain total benefit from this program the cadet should be an active participant in small unit leadership activities such as Color Guard, Drill Team, Rifle Team, and other activities such as PARADES, COMMUNITY SERVICE and FUND RAISING EVENTS. Participation & Commitment is a clear indication of the cadets development as a leader in this program. We encourage cadets to balance the attainment of good grades with participation with JROTC and school activities.
Participation Commitment. HCP agrees to actively participate in PGIP quality and performance improvement initiatives, including but not limited to evidence based care scores and improved generic dispensing rates. HCP understands that the following have been identified as important to achieving quality and performance improvement, but are not limited to: • Patient-Provider partnership • Patient registry and patient web portalsPerformance reporting • Individual care management, self-management and care coordinationExtended accessTest results tracking and follow-up • Preventative services • E-prescribing • Linkages to community services • Specialist referral processes
Participation Commitment. Artomatic depends on participants to staff and operate the Event. All shifts are five hours in length. Tasks are assigned as needed, and may include: greeting and directing visitors, monitoring galleries, loading dock and elevator operations, tending and supplying the bars, light cleaning, restocking restrooms, supporting artist workshops, stage operations, staffing the store, and moving furniture. Participation requirements are specific to the type of participation, as follows:
Participation Commitment. Physician agrees to actively participate in PGIP quality and performance improvement initiatives, including but not limited to evidence based care scores and improved generic dispensing rates. If Physician is a primary care provider, Physician may elect to begin the process of becoming a PCMH and being actively engaged during this transformation. Physician understands that the following have been identified as important to achieving PCMH designation, but are not limited to: • Patient-Provider partnership • Patient registry and patient web portalsPerformance reporting • Individual care management, self-management and care coordinationExtended accessTest results tracking and follow-up • Preventative services • E-prescribing • Linkages to community services • Specialist referral processes
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Related to Participation Commitment

  • Revolving Loan Commitment Each Lender with a Revolving Loan Commitment agrees to make loans on a revolving basis (“Revolving Loans”) from time to time until the Termination Date in such Lender’s Pro Rata Share of such aggregate amounts as the Company may request from all Lenders; provided that the Revolving Outstandings will not at any time exceed Revolving Loan Availability.

  • Revolving Loan Commitments Lender will make loans to Borrower on a revolving basis (“Revolving Loans”) from time to time and Borrower may repay such loans from time to time until the Termination Date in such amounts as Borrower may request from Lender; provided, that after giving effect to such Revolving Loans, the Revolving Loans outstanding will not at any time exceed the Borrowing Availability.

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