Step-Up. The Employer may release the product in other forms covered by this Agreement upon payment of the difference between the educational rate paid and the applicable rate for the product under this Agreement. Step-up payments, pension payments and the appropriate B-form shall be due within fifteen (15) days after the step-up release.
Step-Up. 3.1 Subject to paragraph 3.2 and to clauses 9.14(c) and 9.14(d), in relation to any Financial Year commencing with or which comes after the Financial Year ending 31 March 2013, if:
Step-Up. Cloud Services designated as Step Up are only available for existing IBM on-premises licensees with Subscription and Support for the associated IBM program that is active during the subscription of the Step Up Cloud Service and equivalent to the number of Cloud Service subscriptions.
Step-Up. In the event that an individual employee temporarily substitutes in a position with a higher classification than his/her regular classification, the employee’s salary will be adjusted as follows:
Step-Up. 14 Subsidiary................................. 14
Step-Up. (a) If, following the end of any such 24 or 48-hour period, as the case may be, referred to in subsection (1) above and after giving effect to any arrangements for the purchase of the New Shares of a defaulting Underwriter or Underwriters by another party or other parties, as provided in subsection (1) above, the aggregate number of such New Shares for which the Subscription Price has not been paid does not exceed 1/10 of all the New Shares to be purchased at the relevant Closing Date, then the Company shall have the right (i) to require each non-defaulting Underwriter to pay the Subscription Price with respect to the number of New Shares which such Underwriter agreed to purchase hereunder at the relevant Closing Date, (ii) in addition, to require each non-defaulting Underwriter to purchase its pro rata share (based on the number of New Shares which such Underwriter agreed to purchase hereunder relative to the aggregate number of New Shares which the non-defaulting Underwriters agreed to purchase DB 2014 / Underwriting Agreement hereunder) of New Shares of such defaulting Underwriter or Underwriters for which alternate purchase arrangements have not been made; provided, that no such non-defaulting Underwriter may be required to purchase New Shares in excess of 1/9 of the number of New Shares which such Underwriter agreed to purchase at the Closing Date (i.e. the increased obligation must not exceed 10/9 of the initial underwriting commitment).
Step-Up. If, following the end of any such 24 or 48-hour period, as the case may be, referred to in subsection (1) above and after giving effect to any arrangements for the purchase of the Offered Shares of a defaulting Underwriter or Underwriters by another party or other parties, as provided in subsection (1) above, the aggregate number of such Offered Shares for which the Subscription Price or Reoffer Price, as the case may be, has not been paid does not exceed 1/11 of all the Offered Shares to be purchased at the Firm Shares Closing Date, then the Company shall have the right (a) to require each non-defaulting Underwriter to pay the Subscription Price or Reoffer Price, as the case may be, with respect to the number of Shares which such Underwriter agreed to purchase hereunder at the Firm Shares Closing Date, (b) in addition, to require each non-defaulting Underwriter to purchase its pro rata share (based on the number of Offered Shares which such Underwriter agreed to purchase hereunder relative to the aggregate number of Offered Shares which the non-defaulting Underwriters agreed to purchase hereunder) of Offered Shares of such defaulting Underwriter or Underwriters for which alternate purchase arrangements have not been made; provided, that no such non-defaulting Underwriter may be required to purchase Offered Shares in excess of 1/10 of the number of Offered Shares which such Underwriter agreed to purchase at the Closing Date (i.e., the increased obligation must not exceed 11/10 of the initial underwriting commitment).
Step-Up. 14 Subsequent Step-Down Date.................14
Step-Up. (a) The Step-Up will continue to apply only on each subsequent day that Issuer has not notified the Trustee and the Collateral Agent in accordance with this Indenture that it has created and perfected all Liens on the GeoPark Chile Share Collateral until the Stated Maturity of the principal under the Notes. The Step-Up will be payable as an increase in the interest rate payable on the Notes on each of the Interest Payment Dates.
Step-Up. 22 Subsidiary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
