Permitted Designee Sample Clauses

Permitted Designee. (i) Subject to the prior written approval of MCC, the Government may designate one or more entities to implement and perform some or all of the Government’s obligations or to exercise any rights of the Government under this Agreement (each such entity, a “Permitted Designee”), provided that such a designation shall not relieve the Government of any obligations and rights under this Agreement, for which the Government shall retain full responsibility.
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Permitted Designee. (a) Any right of a Member under this Agreement to acquire additional Units may be exercised, at the option of the Member, by a Permitted Designee of such Member, subject to the remainder of this Section 7.11 and the limit on the applicable Equityholder Group’s Maximum Number of Holders under Section 8.1(a). If a Member desires for a Permitted Designee to acquire Units in lieu of the Member, the Member will notify the Managing Member in writing. As a condition to such acquisition, the Member will cause the Permitted Designee to execute and deliver to the Managing Member and each other Member an Assignment and Assumption Agreement in the form attached as Exhibit D, and upon consummation of the acquisition of Units, the Permitted Designee will be a Member and will be subject to all rights and obligations of a Member owning the acquired Units under this Agreement.
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Permitted Designee. MCA-Cape Verde shall be a Permitted Designee, responsible for the oversight and management of the implementation of the Compact.
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Permitted Designee. (a) Subject to Section 3.1, any right of an Equityholder under this Agreement to acquire additional Equity Securities may be exercised, at the option of the Equityholder, by a Permitted Designee of such Equityholder. If an Equityholder desires for a Permitted Designee to acquire Equity Securities in lieu of the Equityholder, the Equityholder will notify the Company in writing. As a condition to such acquisition, the Equityholder will cause the Permitted Designee to execute and deliver to the Company and each other Equityholder an Assignment and Assumption Agreement in the form attached as Exhibit H, and upon consummation of the acquisition of Common Stock, the Permitted Designee will be an Equityholder and will be subject to all rights and obligations of an Equityholder owning the acquired Equity Securities under this Agreement.
Sample 1
Permitted Designee. Notwithstanding anything contained herein, the Company shall, upon written request of the original Holder to be delivered to the Company on or before April 15, 2004, permit the original Holder to transfer this Warrant in whole or in part to officers and employees of the original Holder (collectively, “Permitted Designees”) who shall thereafter be bound by the terms of this Warrant; provided, however, the Company shall not be required to issue such Warrants to any person who is not an “accredited investor” within the meaning of Regulation D promulgated under the Securities Act of 1933, as amended (the “Act”) or who has not executed and delivered an Investor Representation Letter and an Investor Questionnaire in form and substance reasonably satisfactory to the Company.
Sample 1
Permitted Designee. Purchaser shall have the right, in its sole and absolute discretion, on or before the Closing Date, to designate one or more designees (chosen in Purchaser’s sole and absolute discretion) that as of the Closing Date, will, in accordance with this Amendment, the Purchase Agreement and the Assignment and Consent Agreement, become the title holder to all or any part of the Property (as determined by Purchaser in its sole and absolute discretion) (each such designee, a “Permitted Designee”). Purchaser shall cause its Permitted Designee to comply with all terms and conditions of the Purchase Agreement (as amended by this Amendment) applicable to such Permitted Designee.
Sample 1
Permitted Designee. Each of the Ministry, on behalf of the Government, MCA- Vanuatu and MCC acknowledges that MCA-Vanuatu has been designated by the Government as a Permitted Designee, as described in Section 3.2(c) of the Compact.
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Related to Permitted Designee

  • Permitted Debt Create, incur, guarantee or suffer to exist any Debt, except:

  • Permitted Distributions (a) Maximum

  • Permitted Transactions The Member is free to engage in any activity on its own or by the means of any entity. The Member’s fiduciary duty of loyalty, as it applies to outside business activities and opportunities, and the “corporate opportunity doctrine,” as such doctrine may be described under general corporation law, is hereby eliminated to the maximum extent allowed by the Act.

  • Permitted Transfers The provisions of Section 8.1 shall not apply to (a) a transfer or an assignment of this Lease in connection with the sale of substantially all the original Tenant’s assets if: (I) such sale of assets occurs on an arms’-length basis, to an unrelated third party, and is for a bona fide business purpose and not primarily to transfer Tenant’s interest in this Lease; and (II) upon the consummation of the transfer or assignment, the transferee or assignee is, in the sole, but reasonable determination of Landlord (and its lender, if applicable), capable of satisfying all of Tenant’s obligations hereunder; (b) an assignment of this Lease to a successor to Tenant by merger, consolidation, reorganization or similar corporate restructuring or to an entity that controls, is controlled by, or is under common control with, Tenant; or (c) a subletting of the Premises or any part thereof. In the case of an assignment or sublease that is expressly permitted pursuant to (a) or (c) of this Section 8.3, Tenant shall nevertheless be required to provide Landlord with notice of such assignment or sublease and a true and complete copy of the fully-executed documentation pursuant to which the assignment or sublease, as applicable, has been effectuated within ten (10) business days after the effective date of such assignment or sublease. Any permitted transferee under (a) of this Section 8.3 shall execute and deliver to Landlord any and all documentation reasonably required by Landlord in order to evidence assignee’s assumption of all obligations of Tenant hereunder and to evidence the assignee’s compliance (or ability to comply) with (a)(II) above. Notwithstanding anything to the contrary contained in this Section 8.3, in no event may Tenant assign, mortgage, transfer, pledge or sublease this Lease to any entity whatsoever if, at the time of such assignment, mortgage, transfer, pledge or sublease, a Default has occurred and remains continuing under this Lease.

  • Permitted Disclosures Each Party may disclose Confidential Information to the extent that such disclosure is:

  • Permitted Disclosure We agree that you may disclose Confidential Information:

  • Permitted Transferees The rights of a Holder hereunder may be assigned (but only with all related obligations as set forth below) in connection with a Transfer of Registrable Securities to a Permitted Transferee of that Holder. Without prejudice to any other or similar conditions imposed hereunder with respect to any such Transfer, no assignment permitted under the terms of this Section 4.4 will be effective unless the Permitted Transferee to which the assignment is being made, if not a Holder, has delivered to the Company a written acknowledgment and agreement in form and substance reasonably satisfactory to the Company that the Permitted Transferee will be bound by, and will be a party to, this Agreement. A Permitted Transferee to whom rights are transferred pursuant to this Section 4.4 may not again transfer those rights to any other Permitted Transferee, other than as provided in this Section 4.4.

  • Dispositions Not Authorized No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.

  • Permitted Actions Notwithstanding Section 3.1(a), a Second Lien Creditor may (a) file a proof of claim or statement of interest, vote on a plan of reorganization (including a vote to accept or reject a plan of partial or complete liquidation, reorganization, arrangement, composition, or extension), and make other filings, arguments, and motions, with respect to the Second Lien Obligations and the Collateral in any Insolvency Proceeding commenced by or against any Obligor; (b) take action to create, perfect, preserve, or protect (but not enforce) its Lien on the Collateral, so long as such actions are not adverse to the priority status in accordance with this Agreement of Liens on the Collateral securing the First Lien Obligations or the First Lien Creditors’ rights to exercise remedies or otherwise not in accordance with this Agreement; (c) file necessary pleadings in opposition to a claim objecting to or otherwise seeking the disallowance of a Second Lien Obligation or a Lien securing the Second Lien Obligation; (d) join (but not exercise any control over) a judicial foreclosure or Lien enforcement proceeding with respect to the Collateral initiated by the First Lien Agent, to the extent that such action could not reasonably be expected to interfere materially with the Enforcement Action, but no Second Lien Creditor may receive any Proceeds thereof unless expressly permitted herein; (e) bid for or purchase Collateral at any public, private, or judicial foreclosure upon such Collateral initiated by any First Lien Creditor, or any sale of Collateral during an Insolvency Proceeding; provided that such bid may not include a “credit bid” in respect of any Second Lien Obligations unless the net cash Proceeds of such bid are otherwise sufficient to cause the Discharge of First Lien Obligations and are applied to cause the Discharge of the First Lien Obligations, in each case, at the closing of such bid; (f) accelerate any Second Lien Obligations in accordance with the provisions of the Second Lien Documents; and (g) seek adequate protection during an Insolvency Proceeding to the extent expressly permitted by Section 6, in the case of each of clauses (a) through (g) in a manner not inconsistent with the other terms of this Agreement. Except as expressly provided for herein, (1) no provision hereof shall be construed to prohibit the payment by a Borrower of regularly scheduled principal, interest and other amounts owed in respect of the Second Lien Obligations so long as the receipt thereof is not the direct or indirect result of any Enforcement Action, and (2) unless and until the Discharge of the First Lien Obligations shall have occurred, the sole right of the Second Lien Creditors with respect to the Collateral is to hold a lien on the Collateral pursuant to the Second Lien Collateral Documents for the period and to the extent granted therein and to receive a share of the Proceeds thereof, if any, after the Discharge of the First Lien Obligations shall have occurred.

  • Other Permitted Disclosures Each Party may disclose Confidential Information (a) as authorized by the other Party in writing or (b) to the extent required by applicable law, court, or government/administrative/regulatory agency, or pursuant to applicable professional standards, provided that the Party required to disclose Confidential Information promptly notifies the other Party to the extent permitted by law and cooperates with any efforts by the other Party, at the other Party’s expense, to limit such disclosure by means of seeking a protective order or requesting confidential treatment.

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