Succession of Interest Sample Clauses

Succession of Interest. Tenant agrees that, in the event Buyer or Lender succeeds to the interest of Landlord under the Lease:
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Succession of Interest. Whenever one operator succeeds to the interest of another in any uncompleted surface mining operation by sale, assignment, transfer, conveyance, exchange, or other means, the successor shall be bound by the provisions of the approved Conditional Use Permit and/or reclamation plan and the provisions of this Chapter.
Succession of Interest. Tenant agrees that, in the event Buyer succeeds to interest of Landlord under the Lease:
Succession of Interest. Pursuant to the Agreement and Plan of Merger, dated April 18, 1997, by and between TCI, TCI KT Merger Sub, Inc., a Utah corporation ("TCI KT Merger Sub"), and K-T Corp., on July 31, 1997 TCI KT Merger Sub merged with and into K-T Corp., with K-T Corp. continuing as the surviving corporation (the "Original Merger"). On January 31, 2000, K-T Corp. merged with and into Kearxx-Xxxbune Merger Corporation ("K-T Merger Sub"), and on March 5, 1999 K-T Merger Sub merged with and into the Company (the mergers of K-T Corp. into K-T Merger Sub and K-T Merger Sub into the Company are collectively defined herein as the "AT&T - K-T Mergers"). As the result of the AT&T - K-T Mergers, the Company became the legal successor in interest to K-T Corp. and, thereby, to all newspaper assets relating to the Tribune previously held by K-T Corp. Since that date, the Company has conducted the Business in the ordinary course. All consents to the AT&T - K-T Mergers which, individually or in the aggregate, would reasonably be expected to have a Material Adverse Effect have been obtained as of the date hereof or will be obtained prior to the Closing.
Succession of Interest. Xxxxxx agrees that, in the event Xxxxx succeeds to interest of Landlord under the Lease:
Succession of Interest. In furtherance of this Agreement, Clay hereby acknowledges from the Effective Date forward, Xxxx has succeeded to all of Clay's right, title, and standing to receive all rights and benefits pertaining to the Patents, institute and prosecute all suits and proceedings, and take all actions that Xxxx, in its sole discretion, may deem necessary or proper to collect, assert, or enforce any claim, right, or title of any kind under any and all of the “Patents”, whether arising before or after the Effective Date, defend and compromise any and all such actions, suits, or proceedings relating to such transferred and assigned rights, title, interest, and benefits, and do all other such acts and things in relation thereto as Xxxx, in its sole discretion deems advisable.

Related to Succession of Interest

  • Calculation of interest The rate of interest on each Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicable:

  • Computation of Interest Except as otherwise specified as contemplated by Section 301 for Securities of any series, interest on the Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

  • Determination of Interest Rate (a) The Applicable Interest Rate with respect to the Loan shall be: (i) LIBOR plus the Spread with respect to the applicable Interest Period for a LIBOR Loan or (ii) the Prime Rate plus the Prime Rate Spread for a Prime Rate Loan if the Loan is converted to a Prime Rate Loan pursuant to the provisions of Section 2.2.3(c) or Section 2.2.3(f).

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