Procedure for Decreasing the Series Sample Clauses

Procedure for Decreasing the Series. 1998-1 Invested Amount; ----------------------------------------------------------- Optional Termination. (a) On any Business Day during the Series 1998-1 -------------------- Revolving Period or the Series 1998-1 Amortization Period (except for Funding Period Settlement Dates during the Series 1998-1 Amortization Period (which shall be governed by subsection 3C.6(d)), upon the written request of the Servicer or the Company on behalf of the Trust, the portion of the Series 1998-1 Invested Amount identified in such request by the Servicer or the Company (as the case may be) to one or more Funding Periods on such day may be reduced (a "Decrease") by the distribution by the Trustee to the Agent, for the pro rata -------- --- ---- benefit of the Purchasers in accordance with their respective portions of the Series 1998-1 Invested Amount allocated to such Funding Periods, of funds on deposit in the Series 1998-1 Principal Collection Sub-subaccount on such day in an amount not to exceed the amount of such funds on deposit on such day; provided that the Servicer shall have given the Agent (with a copy to the -------- Trustee) irrevocable written notice (effective upon receipt), prior to 11:00 a.m., New York City time, on the Business Day immediately preceding the date of such Decrease (unless any such Funding Period is a Eurodollar Period, in which case such notice must be received prior to 11:00 a.m., New York City time, on the third Business Day preceding the date of such Decrease) and which notice shall state the amount of such Decrease and set forth the pro rata distribution --- ---- of such amount to be allocated among the Purchasers holding a portion of the Series 1998-1 Invested Amount originally allocated to such Funding Period(s) and; provided, further, that (i) such Decrease shall be in an amount equal to -------- ------- $1,000,000 and integral multiples of $500,000 in excess thereof, (ii) the amount of such Decrease shall not exceed either the aggregate Series 1998-1 Invested Amount allocated to such Funding Period(s) or, with respect to any of the Purchasers, the aggregate portion of the Series 1998-1 Invested Amount allocated to such Funding Period(s) then held by such Purchaser, and (iii) no payment in reduction of the Series 1998-1 Invested Amount shall be made in connection with any Decrease unless, concurrently with such payment, the Servicer or the Company shall have paid to the relevant Purchasers all amounts due and payable pursuant to Sectio...
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Procedure for Decreasing the Series. 2000-1 Invested --------------------------------------------------- Amount. ------ (a) Subject to Section 7.04, on any Business Day during the ------------ Series 2000-1 Revolving Period or the Series 2000-1 Amortization Period (except for Distribution Dates during the Series 2000-1 Amortization Period (which shall be governed by subsection 3A.06(c)), upon the written request of the Master ------------------- Servicer on behalf of the Trust, the Series 2000-1 Invested Amount may be reduced (a "Series 2000-1 Decrease") by the distribution by the Trustee to the ---------------------- Funding Agent for the pro rata benefit of the Series 2000-1 Purchasers in -------- accordance with their Series 2000-1 Purchaser Invested Amount of the funds on deposit in the Series 2000-1 Principal Concentration Subaccount on such day in an amount not to exceed the amount of such funds on deposit on such day; provided that the Master Servicer shall have given the Funding Agent and the -------- Trustee irrevocable written notice (effective upon receipt), prior to 1:00 p.m. New York City time, (i) on the second Business Day prior to such Series 2000-1 Decrease, in the case of any Series 2000-1 Decrease occurring prior to a Series 2000-1 Purchase Date and (ii) (A) if the Series 2000-1 Decrease relates solely to a Series 2000-1 Floating Tranche, on the Business Day of such Series 2000-1 Decrease or (B) if all or any portion of the Series 2000-1 Decrease relates to a Series 2000-1 Eurodollar Tranche, on the Business Day that is three Business Days prior to such Series 2000-1 Decrease, and which notice shall state the amount of such Series 2000-1 Decrease; provided, further, that such Series -------- ------- 2000-1 Decrease shall be in an amount equal to $1,000,000 and integral multiples of $100,000 in excess thereof or if the Series 2000-1 Invested Amount is less than $1,000,000 then such Series 2000-1 Decrease shall equal the Series 2000-1 Invested Amount, and; provided, further, however, that no prepayment of any -------- ------- ------- Series 0000-0 Xxxxxxxxxx Xxxxxxx prior to the termination of a Series 2000-1 Eurodollar Period may occur unless, concurrently with such prepayment, the Company shall have paid to the Series 0000-0 Xxxxxxxxxx any amounts due and payable pursuant to Section 7.04. ------------ (b) Simultaneously with any such Series 2000-1 Decrease during the Series 2000-1 Revolving Period, the Series 2000-1 Subordinated Interest Amount shall be reduced by an amount...
Procedure for Decreasing the Series. 1999-1 Invested Amount. On any Business Day, NFLP may decrease the Series 1999-1 Invested Amount (each such decrease referred to as a "Decrease") by withdrawing from the Series 1999-1 Excess Collection Account and distributing to the Series 1999-1 Noteholder in respect of principal on the Series 1999-1 Notes, an amount equal to the amount of such Decrease in accordance with Section 5.4(b). Upon each Decrease, the Trustee shall, or shall cause the Registrar to indicate in the Note Register such Decrease. The amount of any Decrease shall not exceed the amount on deposit in the Series 1999-1 Excess Collection Account and available for distribution to Series 1999-1 Noteholder in respect of principal on the Series 1999-1 Notes.

Related to Procedure for Decreasing the Series

  • Suspension and termination of procedure 1. The disputing Parties may agree to suspend the work of the Panel at any time for a period not exceeding 12 months following the date of such agreement. In any event, if the work of the Panel has been suspended for more than 12 months, the authority of the Panel shall lapse, unless the disputing Parties agree otherwise. If the authority of the Panel lapses and the disputing Parties have not reached an agreement on the settlement of the dispute, nothing in this Article shall prevent a Party from requesting a new proceeding regarding the same matter. 2. At any time prior to the release of the Panel report, the Parties may agree to terminate the procedures before a Panel by jointly notifying the chair of the Panel on this respect.

  • Certification of the Settlement Class For purposes of this Settlement only, the Parties stipulate to the certification of the Settlement Class, which is contingent upon the Court entering the Final Approval Order and Judgment of this Settlement and the occurrence of the Effective Date.

  • Allocation and Use of Funds All allocations and use of funds under this Grant shall be in accordance with the applicable federal Notice of Funding Opportunity (NOFO) for the Federal Grant Title specified on this Grant.

  • Allocation of Funds A. The Faculty Development Committee shall approve all applications for reassignment of duties that do not require additional funding and have been endorsed by the applicant’s Division. B. The Faculty Development Committee shall follow the guidelines established in consultation between the parties in deciding which applications for faculty development funding will be approved.

  • Access to List of Holders (a) If the Trustee is not acting as Certificate Registrar, the Certificate Registrar will furnish or cause to be furnished to the Trustee, within fifteen days after receipt by the Certificate Registrar of a request by the Trustee in writing, a list, in such form as the Trustee may reasonably require, of the names and addresses of the Certificateholders of each Class as of the most recent Record Date. (b) If three or more Holders or Certificate Owners (hereinafter referred to as “Applicants”) apply in writing to the Certificate Registrar, and such application states that the Applicants desire to communicate with other Holders with respect to their rights under this Agreement or under the Certificates and is accompanied by a copy of the communication which such Applicants propose to transmit, then the Certificate Registrar shall, within five Business Days after the receipt of such application, afford such Applicants reasonable access during the normal business hours of the Certificate Registrar to the most recent list of Certificateholders held by the Certificate Registrar or shall, as an alternative, send, at the Applicants’ expense, the written communication proffered by the Applicants to all Certificateholders at their addresses as they appear in the Certificate Register. (c) Every Holder or Certificate Owner, if the Holder is a Clearing Agency, by receiving and holding a Certificate, agrees with the Depositor, the Master Servicer, the Securities Administrator, the Certificate Registrar and the Trustee that neither the Depositor, the Master Servicer, the Securities Administrator, the Certificate Registrar nor the Trustee shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the Certificateholders hereunder, regardless of the source from which such information was derived.

  • GENERAL DESCRIPTION AND LIMITATIONS Competitive Supplier is hereby granted the exclusive right to provide All-Requirements Power Supply to Participating Consumers pursuant to the terms of the Program and this ESA. For the avoidance of doubt, Competitive Supplier shall be authorized to supply All-Requirements Power Supply only to Participating Consumers, and the Local Distributor will continue to have the right and obligation to supply electricity to Eligible Consumers who opt-out of the Program and remain on, or return to, Basic Service, until changes in law, regulation or policy may allow otherwise. Competitive Supplier further recognizes that this ESA does not guarantee that any individual Eligible Consumer will be served by the Competitive Supplier. In accordance with Article 3 below, all Eligible Consumers shall be automatically enrolled in the Program unless they choose to opt-out. In the event the geographic boundaries of the Town change during the term of this ESA, Competitive Supplier shall only be obligated to supply All- Requirements Service to those Participating Consumers located within the Town as such boundaries existed on the Effective Date of this ESA. As between the Parties, the Competitive Supplier has the sole obligation of making appropriate arrangements with the Local Distributor, and any arrangements which may be necessary with the ISO-NE so that Participating Consumers receive the electricity supplies to be delivered pursuant to this ESA. The Town shall specifically authorize the Local Distributor to provide, and Competitive Supplier the right to obtain and utilize as required, all billing and energy consumption information for Participating Consumers as is reasonably available from the Local Distributor. Competitive Supplier shall request consumption data for individual Participating Consumers from the Local Distributor via EDI. If further action is required by the Local Distributor to authorize Competitive Supplier to receive such consumption and billing data, the Town agrees to use Commercially Reasonable efforts, at Competitive Supplier’s cost, to assist Competitive Supplier, if so requested by it, in obtaining such information for Participating Consumers, including, without limitation, assisting Competitive Supplier in obtaining permission from such Eligible Consumers and/or the Department, where necessary as a prerequisite to the provision of such information. Competitive Supplier shall not be responsible for any errors that Competitive Supplier makes in the provision of All-Requirements Power Supply to the extent such errors are caused by errors or omissions in the information provided to it by the Local Distributor.

  • Direction of Proceedings and Xxxxxx of Defaults by Majority of Holders The Holders of a majority of the aggregate principal amount of the Notes at the time outstanding determined in accordance with Section 8.04 shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or exercising any trust or power conferred on the Trustee with respect to the Notes; provided, however, that (a) such direction shall not be in conflict with any rule of law or with this Indenture, and (b) the Trustee may take any other action deemed proper by the Trustee that is not inconsistent with such direction. The Trustee may refuse to follow any direction that it determines is unduly prejudicial to the rights of any other Holder or that would involve the Trustee in personal liability. The Holders of a majority in aggregate principal amount of the Notes at the time outstanding determined in accordance with Section 8.04 may on behalf of the Holders of all of the Notes waive any past Default or Event of Default hereunder and its consequences except (i) a default in the payment of accrued and unpaid interest, if any, on, or the principal (including any Fundamental Change Repurchase Price) of, the Notes when due that has not been cured pursuant to the provisions of Section 6.01, (ii) a failure by the Company to pay or deliver, as the case may be, the consideration due upon conversion of the Notes or (iii) a default in respect of a covenant or provision hereof which under Article 10 cannot be modified or amended without the consent of each Holder of an outstanding Note affected. Upon any such waiver the Company, the Trustee and the Holders of the Notes shall be restored to their former positions and rights hereunder; but no such waiver shall extend to any subsequent or other Default or Event of Default or impair any right consequent thereon. Whenever any Default or Event of Default hereunder shall have been waived as permitted by this Section 6.09, said Default or Event of Default shall for all purposes of the Notes and this Indenture be deemed to have been cured and to be not continuing; but no such waiver shall extend to any subsequent or other Default or Event of Default or impair any right consequent thereon.

  • OTHER PROVISIONS RELATING TO RIGHTS OF HOLDERS OF WARRANT CERTIFICATES

  • Dissolution and Termination of Trust (a) This Trust shall continue without limitation of time but subject to the provisions of sub-sections (b) and (c) of this Section 9.4. (b) Notwithstanding anything in Section 9.5 to the contrary, the Trustees may without Shareholder approval (unless such approval is required by the 1940 Act) in dissolution of the Trust or any Class, liquidate, reorganize or dissolve the Trust or any Class in any manner or fashion not inconsistent with applicable law, including, without limitation, (i) sell and convey all or substantially all of the assets of the Trust or any Class to another trust, partnership, limited liability company, association or corporation, or to a separate series or class of shares thereof, organized under the laws of any state or jurisdiction, for adequate consideration which may include the assumption of all outstanding obligations, taxes and other liabilities, accrued or contingent, of the Trust or any Class, and which may include shares of beneficial interest, stock or other ownership interests of such trust, partnership, limited liability company, association or corporation or of a series thereof; or (ii) at any time sell and convert into money all of the assets of the Trust or any Class. Following a sale or conversion in accordance with the foregoing sub-Section 9.4(b)(i) or (ii), and upon making reasonable provision, in the determination of the Trustees, for the payment of all liabilities of the Trust or the affected Class as required by applicable law, by such assumption or otherwise, the Shareholders of each Class involved in such sale or conversion shall be entitled to receive, as a Class, when and as declared by the Trustees, the excess of the assets allocated to that Class over the liabilities allocated to such Class. The assets so distributable to the Shareholders of any particular Class shall be distributed among such Shareholders in proportion to the number of Shares of that Class held by them and recorded on the books of the Trust. (c) Upon completion of the distribution of the remaining proceeds or the remaining assets as provided in sub-section (b), the Trust (in the case of a sale or conversion with respect to the Trust) or any affected Class shall terminate and the Trustees and the Trust or any affected Class shall be discharged of any and all further liabilities and duties hereunder and the right, title and interest of all parties with respect to the Trust or such affected Class shall be cancelled and discharged. Upon termination of the Trust, following completion of winding up of its business, the Trustees shall cause a certificate of cancellation of the Trust’s certificate of trust to be filed in accordance with the Act, which certificate of cancellation may be signed by any one Trustee.

  • Other Provisions Relating to Rights of Holders of Warrants 7.1 No Rights as Stockholder. A Warrant does not entitle the Registered Holder thereof to any of the rights of a stockholder of the Company, including, without limitation, the right to receive dividends, or other distributions, exercise any preemptive rights to vote or to consent or to receive notice as stockholders in respect of the meetings of stockholders or the election of directors of the Company or any other matter.

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