Common use of TABLE OF CONTENTS Clause in Contracts

TABLE OF CONTENTS. RECITALS 1 Contract Documents 1 Subcontract Price 1 Scope of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17

Appears in 4 contracts

Samples: Subcontractor Agreement, Subcontractor Agreement, Subcontractor Agreement

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TABLE OF CONTENTS. RECITALS CONTRACT FORMAT INDEXING SYSTEM vi ARTICLE 1 Contract Documents – PARTIES TO THE AGREEMENT 1 Subcontract Price 1 Scope of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article ARTICLE 2 - Owners Representative 4 Article – RECOGNITION 2 ARTICLE 3 – Investigation and Representations by Subcontractor TERM OF AGREEMENT 4 Article ARTICLE 4 – Submittals, O & M’s COMPLETE AGREEMENT 6 ARTICLE 5 – SEPARABILITY 7 ARTICLE 6 – NO STRIKE/NO LOCKOUT 8 ARTICLE 7 – UNION RIGHTS 9 Section 1. Centralized State Payment System 9 Section 2. Bulletin Boards 9 Section 3. Union Presentations at Trainings 9 Section 4. Homecare and Warranty Information 4 Article 5 - Personal Support Worker New Member Orientation. 9 Section 5. Employer Indemnity 9 Section 6. Service Period and Deductions 10 Section 7. List of Representatives 10 Section 8. List and Information. 10 Section 9. New Provider List Information. 11 Section 10. Dues Deduction. 11 Section 11. Associated Costs 12 Section 12. Other Deductions 12 Section 13. Service Period and Deductions 13 Section 14. Personal Support Workers in the Independent Choices Program (ICP) 13 ARTICLE 8 – PAYROLL/VOUCHER SYSTEMS 14 Section 1. Properly Completed Voucher or Timesheet 14 Section 2. Voucher Submission Timelines 15 Section 3. For PSWs Paid Through a Fiscal Intermediary 16 Section 4. Voucher Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article Processing Timelines 16 Section 6. Voucher Issuance Timelines 18 Section 7. Direct Deposit Options 18 Section 8. Voucher Date Stamp Process 18 ARTICLE 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article – NO DISCRIMINATION 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Section 1. No Discrimination. 19 Section 2. Consumer Rights 19

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

TABLE OF CONTENTS. RECITALS SECTION 1. DEFINITIONS 1 Contract Documents 1 Subcontract Price 1 Scope SECTION 2. RULES AND REGULATIONS 7 SECTION 3. HONORING CARDS 8 SECTION 4. CARDHOLDER ACCOUNT INFORMATION; SECURITY PROGRAM COMPLIANCE 13 SECTION 5. RETURNED UNUSED TRAVEL COSTS; CREDIT ADJUSTMENT 14 SECTION 6. SUBMISSION OF ELECTRONIC SALES RECORDS AND ELECTRONIC CREDIT RECORDS 15 SECTION 7. ELECTRONIC TRANSMISSION 17 SECTION 8. CHARGEBACKS 18 SECTION 9. REPRESENTATIONS AND WARRANTIES 19 SECTION 10. SERVICE MARKS AND TRADEMARKS 21 SECTION 11. AUDIT 22 SECTION 12. DISPUTES WITH CARDHOLDERS 22 SECTION 13. ASSIGNMENT; DELEGATION OF DUTIES 22 SECTION 14. INDEMNIFICATION; LIMIT ON LIABILITY 23 SECTION 15. TERMINATION AND WAIVER 24 SECTION 16. NOTICES 26 SECTION 17. RULES AND REGULATIONS; APPLICABLE LAW 26 SECTION 18. REIMBURSEMENT BY CARRIER 26 SECTION 19. COST AND EXPENSES 27 SECTION 20. ASSISTANCE 27 SECTION 21. REPORTING 27 SECTION 22. GENERAL 29 SECTION 23. REMEDIES CUMULATIVE 29 ***** Confidential portions of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation the material have been omitted and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s filed separately with the Securities and Warranty Information 4 Article 5 - Exchange Commission. SECTION 24. CONFIDENTIALITY 29 SECTION 25. FORCE MAJEURE 31 SECTION 26. ASSOCIATION OBLIGOR 31 SECTION 27. JUDGMENT CURRENCY 31 SECTION 28. WAIVER OF SOVEREIGN IMMUNITY 32 Exhibit A Payment Procedures Days ***** Confidential portions of the material have been omitted and Conditions 5 Article 6 - Time filed separately with the Securities and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Exchange Commission.

Appears in 4 contracts

Samples: Signatory Agreement (Virgin America Inc.), Signatory Agreement (Virgin America Inc.), Signatory Agreement (Virgin America Inc.)

TABLE OF CONTENTS. RECITALS 1 Article 1: Definitions and Interpretation 8 Article 2: The Contract Documents 1 Subcontract 11 Article 3: Responsibilities and Deliverables 13 Article 4: Specifications and Standards 21 Article 5: Rights, Title and Interest to AMI System and Equipment 23 Article 6: Contract Price 1 Scope of Work 1 TERMS AND CONDITIONS 4 and payment 24 Article 1 - 7: Performance Security 27 Article 8: Liquidated Damages, Penalty and Incentive 28 Article 9: Force Majeure 29 Article 10: Intellectual Property 32 Article 11: Termination 33 Article 12: Liability/ Indemnity 37 Article 13: Governing Law and Settlement Of Disputes 39 Article 14: Change Order 40 Article 15: Miscellaneous 41 Article 16: Confidential Information 43 Article 17: Subcontracting 44 Article 18: Warranty 45 Article 19: Change in Laws and Regulations 46 Article 20: Severability 47 Article 21: Language 48 Article 22: Assignment 49 Article 23: Entire Agreement 4 50 Article 2 - Owners Representative 4 24: Disclaimer 51 Article 3 – Investigation 25: Public Disclosure 52 Article 26: SLA Audit 53 Article 27: Adherence to Safety Procedures, Rules, Regulations and Representations Restriction 54 Article 28: Non-Solicitation of Staff 55 Article 29: Survival 56 Article 30: Notices 57 Form 1: Format of Performance Security Bank Guarantee to be provided by Subcontractor 4 Article 4 – Submittals, O & M’s AMISP 60 Schedule A: Project Implementation Schedule 62 Schedule B: Exit Management Plan 65 Schedule C: Payment Mechanism 68 Schedule D: Integration Interface of Existing Enterprise Applications 69 Schedule E: Technical and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty Financial Bid as submitted by the Undersigned OfficersSelected Bidder 70 Schedule F: Technical Specifications, Directors, Shareholders and/or Members of Subcontractor 17Functional Requirements and Service Level Agreement 71

Appears in 3 contracts

Samples: Model Contract for Appointment of Ami Service Provider for Smart Prepaid Metering, Appointment of Ami Service Provider for Smart Prepaid Metering, Appointment of Ami Service Provider for Smart Prepaid Metering

TABLE OF CONTENTS. RECITALS CONTRACT FORMAT INDEXING SYSTEM vi ARTICLE 1 Contract Documents – PARTIES TO THE AGREEMENT 1 Subcontract Price 1 Scope of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article ARTICLE 2 - Owners Representative 4 Article – RECOGNITION 2 ARTICLE 3 – Investigation TERM OF AGREEMENT 4 Section 1. Effective Date. 4 Section 2. Notice to Negotiate 4 Section 3. Commencing Negotiations 4 Section 4. Scheduling Negotiations 4 Section 5. Mediation and Representations by Subcontractor Binding Arbitration. 4 Article Section 6. Agreement Extension. 4 Section 7. Reopening of Agreement 5 Section 8. Process to Open Agreement During Term. 5 ARTICLE 4 – Submittals, O & M’s COMPLETE AGREEMENT 6 ARTICLE 5 – SEPARABILITY 7 ARTICLE 6 – NO STRIKE/NO LOCKOUT 8 ARTICLE 7 – UNION RIGHTS 9 Section 1. Centralized State Payment System 9 Section 2. Bulletin Boards 9 Section 3. Union Presentations at Trainings 9 Section 4. Homecare and Warranty Personal Support Worker New Member Orientation. 9 Section 5. Employer Indemnity 9 Section 6. Service Period and Deductions 10 Section 7. List of Representatives 10 Section 8. List and Information. 10 Section 9. New Provider List Information. 11 Section 10. Dues Deduction. 11 Section 11. Associated Costs 12 Section 12. Other Deductions 12 Section 13. Service Period and Deductions 13 Section 14. Personal Support Workers in the Independent Choices Program (ICP) 13 Section 15. Paycheck Remittance Advice. 13 ARTICLE 8 – PAYROLL/VOUCHER SYSTEMS 14 Section 1. Properly Completed Voucher or Timesheet 14 Section 2. Voucher Submission Timelines 15 Section 3. For PSWs Paid Through a Fiscal Intermediary 15 Section 4. Voucher Payment Processing Timelines 16 Section 5. Timely and Accurate Pay 18 Section 6. Payroll Transition for HCWs/PSWs 19 Section 7. Voucher Issuance Timelines 20 Section 8. Direct Deposit Options 20 Section 9. Termination of Employment 20 Section 10. Voucher Date Stamp Process 21 Section 11. HCW/PSW Credentials 21 ARTICLE 9 – NO DISCRIMINATION 23 Section 1. No Discrimination. 23 Section 2. Consumer Rights 23 ARTICLE 10 – OREGON HOME CARE COMMISSION REGISTRY (Registry) 24 Section 1. Inclusion in the Registry 24 Section 2. Definitions 24 Section 3. Available for Referral 25 Section 4. Online Referral Authorization 25 Section 5. Seeking Employment 26 Section 6. Registry Referrals and Consumer Choice 26 Section 7. Personal Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule – Credential Information Quarterly Review 26 Section 8. Unavailability for Referral in the Registry due to DHS/OHA Oregon Administrative Rule (OARs). Employment Status in one of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17State Provider Database Systems. 27

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

TABLE OF CONTENTS. RECITALS DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 3 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 4 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 5 SECTION 2.6. Declaration of Trust 6 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 6 SECTION 2.10. Covenants of the Certificateholder 8 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 10 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 11 SECTION 3.7. Maintenance of Office or Agency 12 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 14 SECTION 4.3. Restrictions on Certificateholder’s Power 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 17 SECTION 5.1. General Authority 17 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 18 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 19 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 19 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trusts and Duties 20 SECTION 6.2. Furnishing of Documents 22 SECTION 6.3. Representations and Warranties 22 SECTION 6.4. Reliance; Advice of Counsel 23 SECTION 6.5. Not Acting in Individual Capacity 23 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 23 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 24 SECTION 6.10. FATCA Information 25 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 25 SECTION 6.12. Beneficial Ownership and Control of the Trust 26 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 26 SECTION 7.1. Owner Trustee’s Fees and Expenses 26 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 27 SECTION 7.4. Non-recourse Obligations 27 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 27 SECTION 8.1. Termination of Trust Agreement 27 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 28 SECTION 9.1. Eligibility Requirements for Owner Trustee 28 SECTION 9.2. Resignation or Removal of Owner Trustee 28 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 30 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – SubmittalsAmendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 32 SECTION 10.4. Notices 33 SECTION 10.5. Severability 33 SECTION 10.6. Separate Counterparts 33 SECTION 10.7. Assignments 33 SECTION 10.8. No Recourse 33 SECTION 10.9. Headings 34 SECTION 10.10. GOVERNING LAW 34 SECTION 10.11. Servicer 34 SECTION 10.12. Nonpetition Covenants 34 SECTION 10.13. Regulation AB 35 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 35 SECTION 11.1. Establishment of Trust Accounts 35 SECTION 11.2. Application of Trust Funds 36 SECTION 11.3. Method of Payment 37 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule dated as of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - InspectionMarch 11, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens2020, Stop Noticesbetween AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work January 16, 2020, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (AmeriCredit Automobile Receivables Trust 2020-1), Trust Agreement (AmeriCredit Automobile Receivables Trust 2020-1)

TABLE OF CONTENTS. RECITALS DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 3 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 4 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 5 SECTION 2.6. Declaration of Trust 5 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 6 SECTION 2.10. Covenants of the Certificateholder 7 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 9 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 11 SECTION 3.7. Maintenance of Office or Agency 11 SECTION 3.8. Disposition in Whole But Not in Part 11 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 13 SECTION 4.3. Restrictions on Certificateholder’s Power 13 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 16 SECTION 5.1. General Authority 16 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 17 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 18 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 18 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 19 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 19 SECTION 6.1. Acceptance of Trusts and Duties 19 SECTION 6.2. Furnishing of Documents 21 SECTION 6.3. Representations and Warranties 21 SECTION 6.4. Reliance; Advice of Counsel 22 SECTION 6.5. Not Acting in Individual Capacity 22 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 23 SECTION 6.7. Owner Trustee May Own Notes 23 SECTION 6.8. Payments from Owner Trust Estate 23 SECTION 6.9. Doing Business in Other Jurisdictions 23 SECTION 6.10. FATCA Information 24 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 24 SECTION 7.1. Owner Trustee’s Fees and Expenses 24 SECTION 7.2. Indemnification 24 SECTION 7.3. Payments to the Owner Trustee 25 SECTION 7.4. Non-recourse Obligations 25 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 25 SECTION 8.1. Termination of Trust Agreement 25 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 26 SECTION 9.1. Eligibility Requirements for Owner Trustee 26 SECTION 9.2. Resignation or Removal of Owner Trustee 27 SECTION 9.3. Successor Owner Trustee 27 SECTION 9.4. Merger or Consolidation of Owner Trustee 28 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 28 ARTICLE X. MISCELLANEOUS 29 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – SubmittalsAmendments 29 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 30 SECTION 10.3. Limitations on Rights of Others 30 SECTION 10.4. Notices 31 SECTION 10.5. Severability 31 SECTION 10.6. Separate Counterparts 31 SECTION 10.7. Assignments 31 SECTION 10.8. No Recourse 32 SECTION 10.9. Headings 32 SECTION 10.10. GOVERNING LAW 32 SECTION 10.11. Servicer 32 SECTION 10.12. Nonpetition Covenants 32 SECTION 10.13. Regulation AB 33 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 33 SECTION 11.1. Establishment of Trust Accounts 33 SECTION 11.2. Application of Trust Funds 34 SECTION 11.3. Method of Payment 35 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule dated as of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - InspectionApril 11, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens2018, Stop Noticesbetween AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work January 24, 2018, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (AFS SenSub Corp.), Trust Agreement (AFS SenSub Corp.)

TABLE OF CONTENTS. RECITALS 1.1 General 1 Contract Documents 1 Subcontract Price 1 1.2 Scope of Work Coverage 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 2 2.1 Automatic Reinsurance 2 2.3 Facultative Reinsurance 2 Article 3 – Investigation and Representations by Subcontractor 4 3 3.1 Automatic Submissions 3 3.2 Facultative Submissions 3 Article 4 – Submittals, O & M’s and Warranty Information 4 4.1 Commencement of Automatic Reinsurance Liability 4 4.2 Commencement of Facultative Reinsurance Liability 4 4.3 Conditional Receipt or Temporary Insurance Agreement Liability 4 Article 5 - 5 5.1 Premium Accounting 5 5.2 Currency 5 5.3 Non-Payment Procedures and Conditions of Premiums 5 Article 6 - Time and Schedule 6 6.1 Right of Work Offset 6 Article 7 - Delays & Impacts 7 7.1 Conversions 7 7.2 Policy Changes 7 7.3 Reductions 8 7.4 Lapses 8 7.5 Reinstatements 9 7.6 Reinsurance Limits 9 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction 10 8.1 Retention Limit Change 10 8.2 Recapture 10 8.3 Alternative Recapture Arrangement 11 8.4 Waiver of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Premium Claims 11 Article 9 12 9.1 Claims Notice and Consultation 12 9.2 Claims Payment 12 9.3 Claims Practices 13 9.4 Contested Claims 13 9.5 Claims Expenses 14 - 9.6 Extra Contractual Obligations 14 9.7 Misstatement of Age or Sex 14 196474US-08 ml 20070727 (ODB#I02020US-08) Article 10 15 10.1 Errors and Omissions in Administration of Reinsurance 15 10.2 Dispute Resolution 15 10.3 Arbitration 15 10.4 Expedited Dispute Resolution Process 17 Article 11 18 11.1 Insolvency 18 Article 12 20 12.1 DAC Tax Election 20 12.2 Taxes and Expenses 20 Article 13 21 13.1 Entire Agreement 21 13.2 Inspection of Records 21 13.3 Utmost Good Faith 21 13.4 Confidentiality 21 Article 14 23 14.1 Representations and Warranties 23 Article 15 - Indemnity 11 24 15.1 Business Continuity 24 Article 16 - Insurance 12 Article 17 - Protection 25 16.1 Duration of Work and Risk of Loss 13 Article 18 - CleanAgreement 25 16.2 Severability 25 16.3 Construction 25 16.4 Credit for Reinsurance 25 16.5 Non-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article Waiver 25 - Taxes 16 Article 16.6 Retrocession 25 16.7 Governing Law 26 - Insolvency of Subcontractor 16 Article 16.8 Interest 26 16.9 Medical Information Bureau 26 16.10 Notice 26 16.11 Counterparts 26 Execution Exhibits 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17A Business Covered X-0 Xxxxxxxx Xxxxxxxxxx X-0 Facultative Submissions B Reinsurance Application B-1 Fac Easy Application C General Terms

Appears in 2 contracts

Samples: Reinsurance Agreement (Nationwide VL Separate Account-G), Reinsurance Agreement (Nationwide VL Separate Account-G)

TABLE OF CONTENTS. RECITALS ARTICLE I. DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 4 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 5 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 6 SECTION 2.6. Declaration of Trust 6 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 7 SECTION 2.10. Covenants of the Certificateholder 8 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 10 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 12 SECTION 3.7. Maintenance of Office or Agency 12 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 14 SECTION 4.3. Restrictions on Certificateholder’s Power. 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 17 SECTION 5.1. General Authority 17 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 18 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 19 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 19 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trust and Duties 20 SECTION 6.2. Furnishing of Documents 22 SECTION 6.3. Representations and Warranties 22 SECTION 6.4. Reliance; Advice of Counsel 23 SECTION 6.5. Not Acting in Individual Capacity 23 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 23 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 24 SECTION 6.10. FATCA Information 25 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 25 SECTION 6.12. Beneficial Ownership and Control of the Trust 25 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 26 SECTION 7.1. Owner Trustee’s Fees and Expenses 26 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 26 SECTION 7.4. Non-recourse Obligations 27 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 27 SECTION 8.1. Termination of Trust Agreement 27 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 28 SECTION 9.1. Eligibility Requirements for Owner Trustee 28 SECTION 9.2. Resignation or Removal of Owner Trustee 28 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 30 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Amendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 32 SECTION 10.4. Notices 32 SECTION 10.5. Severability 33 SECTION 10.6. Counterparts and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right Consent to Do Subcontractors Work 8 Article 9 - InspectionBusiness Electronically 33 SECTION 10.7. Assignments 33 SECTION 10.8. No Recourse 33 SECTION 10.9. Headings 34 SECTION 10.10. GOVERNING LAW 34 SECTION 10.11. Servicer 34 SECTION 10.12. Nonpetition Covenants 34 SECTION 10.13. Regulation AB 35 SECTION 10.14. Force Majeure 35 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 35 SECTION 11.1. Establishment of Trust Accounts 35 SECTION 11.2. Application of Trust Funds 36 SECTION 11.3. Method of Payment 37 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, Testing and Correction dated as of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - LiensMarch 15, Stop Notices2023, between AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work January 18, 2023, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee (the “Initial Trust Agreement”).

Appears in 2 contracts

Samples: Trust Agreement (AmeriCredit Automobile Receivables Trust 2023-1), Trust Agreement (AmeriCredit Automobile Receivables Trust 2023-1)

TABLE OF CONTENTS. RECITALS Article I DEFINITIONS 1 Contract Documents Section 1.01 Certain Defined Terms 1 Subcontract Price 1 Scope Article II TRANSACTIONS TO BE EFFECTUATED AT CLOSING 13 Section 2.01 Closing 13 Section 2.02 Ceding Commission 13 Section 2.03 Estimated Closing Statement; Investment Asset Selection 14 Section 2.04 Final Closing Statement 14 Section 2.05 The Reinsurer’s Additional Closing Date Deliveries 18 Section 2.06 The Ceding Company’s Additional Closing Date Deliveries 18 Article III REPRESENTATIONS AND WARRANTIES REGARDING THE CEDING COMPANY 19 Section 3.01 Incorporation and Authority of Work 1 TERMS the Ceding Company 19 Section 3.02 No Conflict 20 Section 3.03 Consents and Approvals 20 Section 3.04 Financial Statements 20 Section 3.05 Absence of Certain Changes 21 Section 3.06 Absence of Litigation 22 Section 3.07 Compliance with Laws 22 Section 3.08 Governmental Licenses and Permits 22 Section 3.09 Insurance Regulatory Matters 23 Section 3.10 Actuarial Appraisal 25 Section 3.11 Brokers 25 Section 3.12 Separate Accounts 25 Section 3.13 Reserves 27 Section 3.14 Product Tax Matters 27 Section 3.15 Specified Data 28 Section 3.16 Producers 29 Section 3.17 Investment Assets 29 Section 3.18 Data Protection and Privacy 29 Section 3.19 ERISA 30 Section 3.20 Assumed and Ceded Reinsurance Agreements 30 Section 3.21 Participating Policies 30 Section 3.22 NO OTHER REPRESENTATIONS OR WARRANTIES 30 Article IV REPRESENTATIONS AND WARRANTIES REGARDING THE REINSURER 31 Section 4.01 Incorporation and Authority of the Reinsurer 31 Section 4.02 No Conflict 32 Section 4.03 Consents and Approvals 32 Section 4.04 Absence of Litigation 32 Section 4.05 Solvency 32 Section 4.06 Regulatory Matters 33 Section 4.07 Financial Statements 33 Section 4.08 Financial Ability 34 Section 4.09 Brokers 34 Article V ACTIONS PRIOR TO THE CLOSING DATE 34 Section 5.01 Conduct of Business Prior to the Closing 34 Section 5.02 Access to Information 35 Section 5.03 Reasonable Best Efforts 35 Article VI ADDITIONAL AGREEMENTS 36 Section 6.01 Confidentiality 36 Section 6.02 Non-Solicitation 37 Section 6.03 Names and Marks 37 Section 6.04 Further Action 37 Section 6.05 Privilege Preservation 38 Article VII CONDITIONS 4 TO CLOSING AND RELATED MATTERS 38 Section 7.01 Conditions to Obligations of the Ceding Company 38 Section 7.02 Conditions to Obligations of the Reinsurer 39 Section 7.03 Frustration of Closing Condition 39 Article 1 - VIII TERMINATION AND WAIVER 40 Section 8.01 Termination 40 Section 8.02 Notice of Termination 41 Section 8.03 Effect of Termination 41 Article IX SURVIVAL; INDEMNIFICATION 41 Section 9.01 Survival of Representations, Warranties and Covenants 41 Section 9.02 Indemnification 42 Section 9.03 Certain Limitations 43 Section 9.04 Definitions 44 Section 9.05 Procedures for Third Party Claims 45 Section 9.06 Direct Claims 47 Section 9.07 Sole Remedy 47 Section 9.08 Treatment of Indemnity Payment 47 Article X GENERAL PROVISIONS 48 Section 10.01 Expenses 48 Section 10.02 Notices 48 Section 10.03 Public Announcements 49 Section 10.04 Severability 49 Section 10.05 Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation 49 Section 10.06 Assignment 49 Section 10.07 No Third Party Beneficiaries 50 Section 10.08 Amendment 50 Section 10.09 Schedules 50 Section 10.10 Submission to Jurisdiction 50 Section 10.11 Governing Law 51 Section 10.12 Waiver of Jury Trial 51 Section 10.13 Specific Performance 51 Section 10.14 Waivers 51 Section 10.15 Rules of Construction 51 Section 10.16 Reserves 52 Section 10.17 Counterparts 53 Section 10.18 Time of Essence 53 Section 10.19 Incontestability 53 Exhibit A Form of Reinsurance Agreement Exhibit B Form of Guarantee Exhibit C Investment Management Agreement Term Sheet Schedule 1.01(a) Agreed Accounting Principles Schedule 1.01(b) Ceding Company Knowledge Persons Schedule 1.01(c) Reinsurer Knowledge Persons Schedule 1.01(d) Ceding Commission Adjustment Schedule 1.01(e) Agreed Investment Assets Schedule 1.01(f) Potential Investment Assets Schedule 1.01(g) Asset List Schedule 3.12(g)(i) M&E Fees Schedule 3.12(g)(ii) 12b-1 Fees Schedule 3.12(g)(iii) Revenue Sharing Fees Schedule 3.12(h) EIM Administrative Fee Schedule 3.15 Specified Data Schedule 4.01 Additional Reinsurer Representations and Representations Warranties Schedule 7.02(c) Reinsurer Governmental Approvals This MASTER TRANSACTION AGREEMENT (including all schedules and exhibits hereto, this “Agreement”), dated as of August 16, 2022, is made by Subcontractor 4 Article 4 – Submittalsand between Equitable Financial Life Insurance Company, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Noticesa New York-domiciled insurance company (the “Ceding Company”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - First Allmerica Financial Life Insurance 12 Article 17 - Protection Company, a Massachusetts-domiciled insurance company (the “Reinsurer”). Each of Work the Ceding Company and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned OfficersReinsurer shall be referred to herein as a “Party” and, Directorstogether, Shareholders and/or Members of Subcontractor 17the “Parties”.

Appears in 2 contracts

Samples: Master Transaction Agreement (Equitable Financial Life Insurance Co), Master Transaction Agreement (Equitable Holdings, Inc.)

TABLE OF CONTENTS. RECITALS 1 Contract Documents 1 Subcontract Price 1 Scope of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article I DEFINITIONS 2 - Owners Representative 4 Article 3 – Investigation and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work Section 1.1 Definitions 2 Section 1.2 Construction 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety II THE OFFER 6 Section 2.1 The Offer 6 Section 2.2 Belpointe REIT Actions 9 Article III THE MERGER 10 Section 3.1 The Merger 10 Section 3.2 The Closing 10 Section 3.3 Effective Time 10 Section 3.4 Conversion of XXXXX Units 10 Section 3.5 Dissenter’s Rights. 10 Section 3.6 Delivery of Consideration 11 Section 3.7 Adjustment to Consideration 11 Section 3.8 Withholding 11 Section 3.9 Fractional Class A Units 11 Section 3.10 Further Assurances 11 Section 3.11 Governing Documents 12 - Termination 9 Article 13 - Liens, Stop Notices, Section 3.12 Officers and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance Directors of the Surviving Entity 12 Article 17 - Protection IV REPRESENTATIONS AND WARRANTIES OF BELPOINTE REIT 12 Section 4.1 Qualification, Organization, Subsidiaries, etc. 12 Section 4.2 Capitalization 12 Section 4.3 Corporate Authority 13 Section 4.4 Governmental Consents; No Violation 13 Section 4.5 SEC Reports and Financial Statements 14 Section 4.6 No Undisclosed Liabilities 14 Section 4.7 Absence of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson Certain Changes or Events 14 Article 20 - Warranty and Correction Period Section 4.8 Compliance with Law; Permits 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds Section 4.9 Tax Matters 15 Section 4.10 Litigation; Orders 15 Section 4.11 Information Supplied 15 Article 24 - Claim Certification & False Claims Liability V REPRESENTATIONS AND WARRANTIES OF BELPOINTE PREP AND THE PURCHASER 15 Section 5.1 Qualification, Organization, etc. 15 Section 5.2 Capitalization 15 Section 5.3 Corporate Authority 16 Section 5.4 Governmental Consents; No Violation 16 Section 5.5 No Undisclosed Liabilities 17 Section 5.6 Absence of Certain Changes or Events 17 Section 5.7 Compliance with Law; Permits 17 Section 5.8 Litigation; Orders 17 Section 5.9 Information Supplied 17 Section 5.10 Valid Issuance 17 Section 5.11 Stock Ownership 18 Section 5.12 No Activity 18 Article 25 - Taxes 16 VI COVENANTS OF BELPOINTE REIT 18 Section 6.1 Conduct of Business by Belpointe REIT Pending the Closing 18 Section 6.2 Solicitation by Belpointe REIT 18 Article 26 - Insolvency VII ADDITIONAL AGREEMENTS 20 Section 7.1 Access; Confidentiality; Notice of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Certain Events 20 Section 7.2 Reasonable Best Efforts. 20 Section 7.3 Publicity 21 Section 7.4 Indemnification. 21

Appears in 2 contracts

Samples: Merger Agreement (Belpointe REIT, Inc.), Merger Agreement (Belpointe PREP, LLC)

TABLE OF CONTENTS. RECITALS DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 3 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 4 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 5 SECTION 2.6. Declaration of Trust 6 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 6 SECTION 2.10. Covenants of the Certificateholder 7 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 9 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 11 SECTION 3.7. Maintenance of Office or Agency 11 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 13 SECTION 4.3. Restrictions on Certificateholder’s Power. 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 17 SECTION 5.1. General Authority 17 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 17 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 18 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 19 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trusts and Duties 20 SECTION 6.2. Furnishing of Documents 21 SECTION 6.3. Representations and Warranties 21 SECTION 6.4. Reliance; Advice of Counsel 22 SECTION 6.5. Not Acting in Individual Capacity 23 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 23 SECTION 6.7. Owner Trustee May Own Notes 23 SECTION 6.8. Payments from Owner Trust Estate 23 SECTION 6.9. Doing Business in Other Jurisdictions 24 SECTION 6.10. FATCA Information 24 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 25 SECTION 7.1. Owner Trustee’s Fees and Expenses 25 SECTION 7.2. Indemnification 25 SECTION 7.3. Payments to the Owner Trustee 26 SECTION 7.4. Non-recourse Obligations 26 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 26 SECTION 8.1. Termination of Trust Agreement 26 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 27 SECTION 9.1. Eligibility Requirements for Owner Trustee 27 SECTION 9.2. Resignation or Removal of Owner Trustee 28 SECTION 9.3. Successor Owner Trustee 28 SECTION 9.4. Merger or Consolidation of Owner Trustee 29 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 29 ARTICLE X. MISCELLANEOUS 30 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – SubmittalsAmendments 30 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 31 SECTION 10.3. Limitations on Rights of Others 31 SECTION 10.4. Notices 32 SECTION 10.5. Severability 32 SECTION 10.6. Separate Counterparts 32 SECTION 10.7. Assignments 32 SECTION 10.8. No Recourse 33 SECTION 10.9. Headings 33 SECTION 10.10. GOVERNING LAW 33 SECTION 10.11. Servicer 33 SECTION 10.12. Nonpetition Covenants 33 SECTION 10.13. Regulation AB 34 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 34 SECTION 11.1. Establishment of Trust Accounts 34 SECTION 11.2. Application of Trust Funds 35 SECTION 11.3. Method of Payment 36 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule dated as of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - InspectionOctober 10, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens2018, Stop Noticesbetween AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work August 20, 2018, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2018-4), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2018-4)

TABLE OF CONTENTS. RECITALS ARTICLE I. DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 3 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 4 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 5 SECTION 2.6. Declaration of Trust 6 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 6 SECTION 2.10. Covenants of the Certificateholder 8 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 10 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 12 SECTION 3.7. Maintenance of Office or Agency 12 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 13 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 14 SECTION 4.3. Restrictions on Certificateholder’s Power 14 SECTION 4.4. [Reserved] 15 SECTION 4.5. Action with Respect to Bankruptcy Action 15 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 17 SECTION 5.1. General Authority 17 SECTION 5.2. General Duties 18 SECTION 5.3. Action upon Instruction 18 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 19 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 20 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trusts and Duties 20 SECTION 6.2. Furnishing of Documents 22 SECTION 6.3. Representations and Warranties 22 SECTION 6.4. Reliance; Advice of Counsel 23 SECTION 6.5. Not Acting in Individual Capacity 23 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 24 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 24 SECTION 6.10. FATCA Information 25 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 25 SECTION 6.12. Beneficial Ownership and Control of the Trust 26 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 26 SECTION 7.1. Owner Trustee’s Fees and Expenses 26 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 27 SECTION 7.4. Non-recourse Obligations 27 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 27 SECTION 8.1. Termination of Trust Agreement 27 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 28 SECTION 9.1. Eligibility Requirements for Owner Trustee 28 SECTION 9.2. Resignation or Removal of Owner Trustee 29 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 30 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Amendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 32 SECTION 10.4. Notices 33 SECTION 10.5. Severability 33 SECTION 10.6. Counterparts and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right Consent to Do Subcontractors Work 8 Article 9 - InspectionBusiness Electronically 33 SECTION 10.7. Assignments 33 SECTION 10.8. No Recourse 34 SECTION 10.9. Headings 34 SECTION 10.10. GOVERNING LAW 34 SECTION 10.11. Servicer 34 SECTION 10.12. Nonpetition Covenants 34 SECTION 10.13. Regulation AB 35 SECTION 10.14. Force Majeure 35 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 36 SECTION 11.1. Establishment of Trust Accounts 36 SECTION 11.2. Application of Trust Funds 36 SECTION 11.3. Method of Payment 37 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, Testing and Correction dated as of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - LiensNovember 24, Stop Notices2020, between AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work October 14, 2020, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (AmeriCredit Automobile Receivables Trust 2020-3), Trust Agreement (AmeriCredit Automobile Receivables Trust 2020-3)

TABLE OF CONTENTS. RECITALS 1 Contract (Continued) Section 4.4 Non-Contravention 11 Section 4.5 Capitalization 12 Section 4.6 Subsidiaries 12 Section 4.7 Past SEC Documents 1 Subcontract Price 1 Scope 13 Section 4.8 Financial Statements; Liabilities 14 Section 4.9 Disclosure Statements 14 Section 4.10 Absence of Work 1 TERMS Certain Changes 15 Section 4.11 Litigation 15 Section 4.12 Taxes 15 Section 4.13 Compliance with Laws; Licenses, Permits and Registrations 16 Section 4.14 Contracts 16 Section 4.15 Intellectual Property 17 Section 4.16 Required Vote 17 Section 4.17 Finders’ Fees; Opinion of Committee Financial Advisor 17 Section 4.18 Section 203 of the DGCL 17 REPRESENTATIONS AND WARRANTIES OF PARENT, PURCHASER AND XXXXXXX 18 Section 5.1 Existence and Power 18 Section 5.2 Authorization; Approvals 18 Section 5.3 Governmental Authorization 19 Section 5.4 Non-Contravention 19 Section 5.5 Information in Securities Filings 19 Section 5.6 Purchaser’s Operations 19 Section 5.7 Vote Required 20 Section 5.8 Finders’ Fees 20 Section 5.9 Financing 20 Section 5.10 Solvency 21 (Continued) COVENANTS 21 Section 6.1 Conduct of Business of the Company 21 Section 6.2 Consents and Filings 22 Section 6.3 Indemnification; Insurance 23 Section 6.4 Other Proposals 24 Section 6.5 Public Announcements 27 Section 6.6 Employee Benefits 27 Section 6.7 Financing 28 Section 6.8 Cooperation with Financing Efforts 30 Section 6.9 Voting 32 CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation and Representations by Subcontractor 4 Article 4 – SubmittalsTO CONSUMMATION OF THE MERGER 33 Section 7.1 Conditions to Each Party’s Obligation 33 Section 7.2 Condition to Xxxxxxx’x, O & MPurchaser’s and Warranty Parent’s Obligation 33 Section 7.3 Condition to Company’s Obligation 34 TERMINATION; AMENDMENT; WAIVER 34 Section 8.1 Termination 34 Section 8.2 Effect of Termination 35 Section 8.3 Amendment 35 Section 8.4 Extension; Waiver 35 MISCELLANEOUS 36 Section 9.1 Nonsurvival of Representations, Warranties and Agreements 36 Section 9.2 Entire Agreement; Assignment 36 Section 9.3 Severability 37 Section 9.4 Notices 37 Section 9.5 Governing Law 38 Section 9.6 Submission to Jurisdiction 38 (Continued) Section 9.7 Descriptive Headings 39 Section 9.8 Parties in Interest 39 Section 9.9 Counterparts 39 Section 9.10 Expenses 39 Section 9.11 Purchaser Termination Fee 40 Section 9.12 Specific Performance 41 Section 9.13 Affiliates 42 Section 9.14 No Liability of Financing Sources 42 Exhibits: Exhibit A: Certificate of Incorporation of Surviving Corporation Schedules: Company Disclosure Schedule Terms Section Agreement Preamble Business Day 1.2 Certificate of Merger 1.3 Certificates 3.2(b) Closing 1.2 Closing Date 1.2 Commitment Letters 5.9 Committee Financial Advisor 4.17(a) Common Stock Recitals Company Preamble Company 10-K 4.8(a) Company Board Recitals Company Board Recommendation 4.2(b) Company Intellectual Property 4.15(a) Company Material Adverse Effect 4.1 Company Options 3.3(a) Company Performance Share Unit Awards 3.3(c) Company Required Governmental Consent 4.3 Company Restricted Stock Awards 3.3(b) Company Returns 4.12(b) Company RSUs 3.3(b) Company Stockholder Approval 4.16 Company Stockholders’ Meeting 2.2 Compliant 6.8 Constituent Corporations 1.1 Costs 6.3 D&O Insurance 6.3 Debt Commitment Letter 5.9 Debt Financing 5.9 Depositary 3.2(a) DGCL 1.1 Disinterested Stockholder Approval Recitals Disinterested Stockholders Recitals Dissenting Shares 3.1(a) DOJ 6.2 Effective Time 1.3 Environmental Laws 4.13(a) Equity Commitment Letter 5.9 Equity Financing 5.9 Exchange Act 2.1(a) Excluded Party 6.4(b) Expenses 9.10(a) Financing Sources 5.9 FTC 6.2 GAAP 4.8(a) Governmental Entity 4.3 HSR Act 4.3 Indemnified Parties 6.3 Intervening Event 6.4(b) June Balance Sheet 4.12(b) Knowledge 4.5(b) Lenders 5.9 Lien 4.4 LTIP 3.3(d) Marketing Period 6.8 Merger Recitals Merger Consideration 1.8(c) Xxxxxxx Preamble No-Shop Period Start Date 6.4(a) Notice of Board Action 6.4(c) Notice Period 6.4(c) Orders 4.11 Other Filings 2.1(a) Outside Date 8.1(b)(ii) Parent Preamble Parent Material Adverse Effect 5.1 Parent Required Governmental Consents 5.3 Parent Shares Recitals Past SEC Documents 4.7 Person 6.4(b) Preferred Stock 4.5(a) Proceedings 4.11 Proxy Statement 2.1(a) Proxy Statement Clearance Date 2.1(b) Purchaser Preamble Required Cash Amount 5.9 Required Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and 6.8(b) Responsible Parties 6.4(a) Schedule 13E-3 2.1(a) SEC 2.1(a) Secretary 1.3 Section 203 4.18 Securities Act 4.3 Solvent 5.10 Special Committee Recitals Subsidiary 1.8(b) Superior Proposal 6.4(b) Surviving Corporation 1.1 Tax 4.12(a) Tax Returns 4.12(a) Taxing Authority 4.12(a) Termination Fee 9.11 Transaction Proposal 6.4(b) Treasury Shares 1.8(b) AGREEMENT AND PLAN OF MERGER dated as of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - InspectionAugust 11, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens2013 (“Agreement”) among DFC Holdings, Stop NoticesLLC, a Delaware limited liability company (“Parent”), DFC Merger Corp., a Delaware corporation (“Purchaser”), whose sole stockholder is Parent, Xxxxx X. Xxxxxxx, an individual (“Xxxxxxx”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by Xxxx Food Company, Inc., a Delaware corporation (the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17“Company”).

Appears in 2 contracts

Samples: Merger Agreement (Dole Food Co Inc), Merger Agreement (Murdock David H)

TABLE OF CONTENTS. RECITALS DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 4 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 5 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 6 SECTION 2.6. Declaration of Trust 6 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 7 SECTION 2.10. Covenants of the Certificateholder 8 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 10 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 12 SECTION 3.7. Maintenance of Office or Agency 12 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 14 SECTION 4.3. Restrictions on Certificateholder’s Power 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 15 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 17 SECTION 5.1. General Authority 17 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 18 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 19 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 20 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trust and Duties 20 SECTION 6.2. Furnishing of Documents 22 SECTION 6.3. Representations and Warranties 22 SECTION 6.4. Reliance; Advice of Counsel 23 SECTION 6.5. Not Acting in Individual Capacity 24 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 24 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 25 SECTION 6.10. FATCA Information 25 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 25 SECTION 6.12. Beneficial Ownership and Control of the Trust 26 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 26 SECTION 7.1. Owner Trustee’s Fees and Expenses 26 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 27 SECTION 7.4. Non-recourse Obligations 27 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 27 SECTION 8.1. Termination of Trust Agreement 27 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 28 SECTION 9.1. Eligibility Requirements for Owner Trustee 28 SECTION 9.2. Resignation or Removal of Owner Trustee 29 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 30 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Amendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 33 SECTION 10.4. Notices 33 SECTION 10.5. Severability 33 SECTION 10.6. Counterparts and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right Consent to Do Subcontractors Work 8 Article 9 - InspectionBusiness Electronically 33 SECTION 10.7. Assignments 34 SECTION 10.8. No Recourse 34 SECTION 10.9. Headings 34 SECTION 10.10. Force Majeure 34 SECTION 10.11. GOVERNING LAW 34 SECTION 10.12. Servicer 34 SECTION 10.13. Nonpetition Covenants 35 SECTION 10.14. Regulation AB 35 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 36 SECTION 11.1. Establishment of Trust Accounts 36 SECTION 11.2. Application of Trust Funds 36 SECTION 11.3. Method of Payment 37 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, Testing and Correction dated as of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - LiensOctober 16, Stop Notices2024, between AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work August 29, 2024, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee (the “Initial Trust Agreement”).

Appears in 2 contracts

Samples: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2024-4), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2024-4)

TABLE OF CONTENTS. RECITALS DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 3 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 4 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 5 SECTION 2.6. Declaration of Trust 6 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 6 SECTION 2.10. Covenants of the Certificateholder 7 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 9 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 11 SECTION 3.7. Maintenance of Office or Agency 11 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 13 SECTION 4.3. Restrictions on Certificateholder’s Power. 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 16 SECTION 5.1. General Authority 16 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 17 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 18 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 19 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trusts and Duties 20 SECTION 6.2. Furnishing of Documents 21 SECTION 6.3. Representations and Warranties 21 SECTION 6.4. Reliance; Advice of Counsel 22 SECTION 6.5. Not Acting in Individual Capacity 23 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 23 SECTION 6.7. Owner Trustee May Own Notes 23 SECTION 6.8. Payments from Owner Trust Estate 23 SECTION 6.9. Doing Business in Other Jurisdictions 24 SECTION 6.10. FATCA Information 24 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 24 SECTION 7.1. Owner Trustee’s Fees and Expenses 24 SECTION 7.2. Indemnification 24 SECTION 7.3. Payments to the Owner Trustee 25 SECTION 7.4. Non-recourse Obligations 25 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 25 SECTION 8.1. Termination of Trust Agreement 25 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 27 SECTION 9.1. Eligibility Requirements for Owner Trustee 27 SECTION 9.2. Resignation or Removal of Owner Trustee 27 SECTION 9.3. Successor Owner Trustee 28 SECTION 9.4. Merger or Consolidation of Owner Trustee 28 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 28 ARTICLE X. MISCELLANEOUS 30 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – SubmittalsAmendments 30 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 31 SECTION 10.3. Limitations on Rights of Others 31 SECTION 10.4. Notices 31 SECTION 10.5. Severability 31 SECTION 10.6. Separate Counterparts 32 SECTION 10.7. Assignments 32 SECTION 10.8. No Recourse 32 SECTION 10.9. Headings 32 SECTION 10.10. GOVERNING LAW 32 SECTION 10.11. Servicer 32 SECTION 10.12. Nonpetition Covenants 33 SECTION 10.13. Regulation AB 34 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 34 SECTION 11.1. Establishment of Trust Accounts 34 SECTION 11.2. Application of Trust Funds 34 SECTION 11.3. Method of Payment 35 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule dated as of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - InspectionApril 19, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens2018, Stop Noticesbetween AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work February 28, 2018, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (AFS SenSub Corp.), Trust Agreement (AFS SenSub Corp.)

TABLE OF CONTENTS. RECITALS 1 Contract Documents 1 Subcontract Price 1 Scope of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation and Representations by Subcontractor 4 Article 4 – Submittals, O & M’S’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17

Appears in 2 contracts

Samples: Subcontractor Agreement, Subcontractor Agreement

TABLE OF CONTENTS. RECITALS DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 4 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 4 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 5 SECTION 2.6. Declaration of Trust 5 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 6 SECTION 2.10. Covenants of the Certificateholder 7 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 9 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 11 SECTION 3.7. Maintenance of Office or Agency 11 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 13 SECTION 4.3. Restrictions on Certificateholder’s Power 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 17 SECTION 5.1. General Authority 17 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 17 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 18 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 19 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trusts and Duties 20 SECTION 6.2. Furnishing of Documents 21 SECTION 6.3. Representations and Warranties 22 SECTION 6.4. Reliance; Advice of Counsel 22 SECTION 6.5. Not Acting in Individual Capacity 23 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 23 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 24 SECTION 6.10. FATCA Information 24 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 25 SECTION 6.12. Beneficial Ownership and Control of the Trust 25 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 25 SECTION 7.1. Owner Trustee’s Fees and Expenses 25 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 26 SECTION 7.4. Non-recourse Obligations 26 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 27 SECTION 8.1. Termination of Trust Agreement 27 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 28 SECTION 9.1. Eligibility Requirements for Owner Trustee 28 SECTION 9.2. Resignation or Removal of Owner Trustee 28 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 29 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Amendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 32 SECTION 10.4. Notices 32 SECTION 10.5. Severability 33 SECTION 10.6. Counterparts and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right Consent to Do Subcontractors Work 8 Article 9 - InspectionBusiness Electronically 33 SECTION 10.7. Assignments 33 SECTION 10.8. No Recourse 33 SECTION 10.9. Headings 33 SECTION 10.10. Force Majeure 34 SECTION 10.11. GOVERNING LAW 34 SECTION 10.12. Servicer 34 SECTION 10.13. Nonpetition Covenants 34 SECTION 10.14. Regulation AB 35 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 35 SECTION 11.1. Establishment of Trust Accounts 35 SECTION 11.2. Application of Trust Funds 36 SECTION 11.3. Method of Payment 36 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, Testing and Correction dated as of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - LiensAugust 19, Stop Notices2020, between AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work July 8, 2020, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2020-3), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2020-3)

TABLE OF CONTENTS. RECITALS 1 Contract ARTICLE I DEFINITIONS AND INCORPORATION BY REFERENCE 2 Section 1.1 Definitions 2 Section 1.2 Incorporation by Reference of Trust Indenture Act 2 Section 1.3 Rules of Construction 2 ARTICLE II THE NOTES 3 Section 2.1 Form 3 Section 2.2 Execution, Authentication and Delivery 4 Section 2.3 Temporary Notes 5 Section 2.4 Tax Treatment 5 Section 2.5 Registration; Registration of Transfer and Exchange 6 Section 2.6 Mutilated, Destroyed, Lost or Stolen Notes 7 Section 2.7 Persons Deemed Owners 8 Section 2.8 Payments 8 Section 2.9 Cancellation 13 Section 2.10 Release of Collateral 14 Section 2.11 Book-Entry Notes 14 Section 2.12 Notices to Clearing Agency 15 Section 2.13 Definitive Notes 15 Section 2.14 Authenticating Agents 15 Section 2.15 Retained Notes 16 ARTICLE III COVENANTS 20 Section 3.1 Payment of Principal and Interest; Determination of SOFR; Benchmark Replacement 20 Section 3.2 Maintenance of Office or Agency 22 Section 3.3 Money for Payments To Be Held in Trust 22 Section 3.4 Existence 23 Section 3.5 Protection of Trust Estate 24 Section 3.6 Opinions as to Trust Estate 24 Section 3.7 Performance of Obligations; Servicing of Receivables 25 Section 3.8 Negative Covenants 27 Section 3.9 Annual Statement as to Compliance 28 Section 3.10 Issuer May Consolidate, etc., Only on Certain Terms 28 Section 3.11 Successor or Transferee 30 Section 3.12 No Other Business 30 Section 3.13 No Borrowing 30 Section 3.14 Servicer’s Obligations 30 Section 3.15 Guarantees, Loans, Advances and Other Liabilities 30 Section 3.16 Capital Expenditures 31 Section 3.17 Restricted Payments 31 Section 3.18 Notice of Events of Default 31 Section 3.19 Removal of Administrator 31 Section 3.20 Further Instruments and Acts 31 Section 3.21 Sales Finance Company Licenses 31 Section 3.22 Representations and Warranties by the Issuer to the Indenture Trustee 31 ARTICLE IV SATISFACTION AND DISCHARGE 32 Section 4.1 Satisfaction and Discharge of Indenture 32 Section 4.2 Satisfaction, Discharge and Defeasance of the Notes 33 Section 4.3 Application of Trust Money 34 Section 4.4 Repayment of Monies Held by Paying Agent 34 ARTICLE V REMEDIES 34 Section 5.1 Events of Default 34 Section 5.2 Acceleration of Maturity; Rescission and Annulment 35 Section 5.3 Collection of Indebtedness and Suits for Enforcement by Indenture Trustee 36 Section 5.4 Remedies; Priorities 38 Section 5.5 Optional Preservation of the Receivables 41 Section 5.6 Limitation of Suits 42 Section 5.7 Unconditional Rights of Noteholders to Receive Principal and Interest 42 Section 5.8 Restoration of Rights and Remedies 43 Section 5.9 Rights and Remedies Cumulative 43 Section 5.10 Delay or Omission Not a Waiver 43 Section 5.11 Control by Noteholders of the Controlling Class 43 Section 5.12 Waiver of Past Defaults 44 Section 5.13 Undertaking for Costs 44 Section 5.14 Waiver of Stay or Extension Laws 44 Section 5.15 Action on Notes 45 Section 5.16 Performance and Enforcement of Certain Obligations 45 ARTICLE VI THE INDENTURE TRUSTEE 46 Section 6.1 Duties of Indenture Trustee 46 Section 6.2 Rights of Indenture Trustee 48 Section 6.3 Individual Rights of Indenture Trustee 49 Section 6.4 Indenture Trustee’s Disclaimer 49 Section 6.5 Notice of Defaults 49 Section 6.6 Reports by Indenture Trustee to Holders 49 Section 6.7 Compensation and Indemnity 50 Section 6.8 Replacement of Indenture Trustee 51 Section 6.9 Successor Indenture Trustee by Xxxxxx 51 Section 6.10 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 52 Section 6.11 Eligibility; Disqualification 53 Section 6.12 Preferential Collection of Claims Against Issuer 54 Section 6.13 Communications Regarding Demands to Purchase Receivables 54 ARTICLE VII NOTEHOLDERS’ LISTS AND REPORTS; ASSET REPRESENTATIONS REVIEW 54 Section 7.1 Issuer To Furnish Indenture Trustee Names and Addresses of Noteholders 54 Section 7.2 Preservation of Information; Communications to Noteholders 54 Section 7.3 Reports by Issuer 55 Section 7.4 Reports by Indenture Trustee 55 Section 7.5 Noteholder Communications 55 Section 7.6 Asset Representations Review 56 ARTICLE VIII ACCOUNTS, DISBURSEMENTS AND RELEASES 57 Section 8.1 Collection of Money 57 Section 8.2 Trust Accounts 58 Section 8.3 General Provisions Regarding Accounts 58 Section 8.4 Release of Trust Estate 59 Section 8.5 Opinion of Counsel 60 ARTICLE IX SUPPLEMENTAL INDENTURES 60 Section 9.1 Supplemental Indentures Without Consent of Noteholders 60 Section 9.2 Supplemental Indentures with Consent of Noteholders 61 Section 9.3 Execution of Supplemental Indentures 63 Section 9.4 Effect of Supplemental Indenture 63 Section 9.5 Conformity with Trust Indenture Act 63 Section 9.6 Reference in Notes to Supplemental Indentures 63 ARTICLE X REDEMPTION OF NOTES 63 Section 10.1 Redemption 63 Section 10.2 Form of Redemption Notice 64 Section 10.3 Notes Payable on Redemption Date 64 ARTICLE XI MISCELLANEOUS 65 Section 11.1 Compliance Certificates and Opinions, etc 65 Section 11.2 Form of Documents 1 Subcontract Price 1 Scope Delivered to Indenture Trustee 66 Section 11.3 Acts of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Noteholders 67 Section 11.4 Notices, etc., to Indenture Trustee, Issuer and Third Rating Agencies 68 Section 11.5 Notices to Noteholders; Waiver 69 Section 11.6 Alternate Payment and Notice Provisions 69 Section 11.7 Conflict with Trust Indenture Act 69 Section 11.8 Effect of Headings and Table of Contents 70 Section 11.9 Successors and Assigns 70 Section 11.10 Severability 70 Section 11.11 Benefits of Indenture 70 Section 11.12 Legal Holiday 70 Section 11.13 GOVERNING LAW; SUBMISSION TO JURISDICTION; WAIVER OF RIGHT TO JURY TRIAL 70 Section 11.14 Counterparts and Electronic Signature 71 Section 11.15 Recording of Indenture 71 Section 11.16 Trust Obligation 71 Section 11.17 No Petition 72 Section 11.18 Inspection 72 Section 11.19 Third-Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Beneficiaries 72

Appears in 2 contracts

Samples: Indenture (CarMax Auto Owner Trust 2024-3), Indenture (Carmax Auto Funding LLC)

TABLE OF CONTENTS. RECITALS 1 Contract Documents 1 Subcontract Price 1 Scope of Work 1 TERMS AND CONDITIONS Preamble 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation 1: The Effect of Law, Regulation, Policy, and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions Practice 5 Article 6 - Time and Schedule 2: Duration of Work 6 Article 7 - Delays & Impacts 7 Agreement Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 3: Employee Rights 9 Article 4: Union Rights and Responsibilities 12 - Termination 9 Article 13 - Liens5: Hours of Work, Stop NoticesFlextime, and Third Party Payment Claims 11 Alternative Work Schedules 15 Article 14 - 6: Leave 21 Article 7: Overtime 32 Article 8: Temporary, Probationary, and Seasonal Employees 35 Article 9: New Employee Orientation 39 Article 10: Details and Reassignments 40 Article 11: Performance Standards and Evaluation 41 Article 12: Awards 44 Article 13: Dues Withholding Under 5 U.S.C. § 7115 46 Article 14: Labor Management Meetings 49 Article 15: Mid-Term Bargaining 51 Article 16: Official Time 54 Official Time Request Form 58 Article 17: Use of Facilities and Communications 60 Article 18: Disciplinary and Adverse Actions 61 Article 19: Negotiated Grievance Procedure 65 Grievance Form 71 Article 20: Arbitration 72 Article 21: Alternative Dispute Resolution 11 75 Article 15 - Indemnity 11 22: Merit Promotion FSIP Ordered 76 Article 16 - Insurance 12 23: Reduction-in-Force and Transfer of Function 80 Article 17 - Protection 24: Mandatory Furloughs Due to a Lack of Work Appropriations 83 Article 25: Hardship Transfer Program 84 Article 26: Official Travel 85 Article 27: Parking and Risk of Loss 13 Transportation 88 Article 18 - Clean28: Training and Career Development 89 Article 29: Upward Mobility 91 Article 30: Uniforms 92 Article 31: Personnel Records 93 Article 32: Office Space 94 Article 33: Health and Safety FSIP Ordered 96 Article 34: Incident-Up Emergency Callouts and Use of Site 13 Wildland Fire Response 97 Article 19 - Superintendent/Foreperson 14 35: Telework 98 Article 20 - Warranty 36: Equal Employment Opportunity 99 Article 37: Child and Correction Period 14 Elder Care 101 Article 21 - Assignment 14 38: Contracting Out 102 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers39: Surveillance, Directors, Shareholders and/or Members of Subcontractor 17Security Cameras and Recordings 103

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

TABLE OF CONTENTS. RECITALS DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 4 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 5 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 6 SECTION 2.6. Declaration of Trust 6 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 7 SECTION 2.10. Covenants of the Certificateholder 8 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 10 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 12 SECTION 3.7. Maintenance of Office or Agency 12 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 13 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 14 SECTION 4.3. Restrictions on Certificateholder’s Power. 14 SECTION 4.4. [Reserved] 15 SECTION 4.5. Action with Respect to Bankruptcy Action 15 SECTION 4.6. Covenants and Restrictions on Conduct of Business 16 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 17 SECTION 5.1. General Authority 17 SECTION 5.2. General Duties 18 SECTION 5.3. Action upon Instruction 18 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 19 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 20 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trust and Duties 20 SECTION 6.2. Furnishing of Documents 22 SECTION 6.3. Representations and Warranties 22 SECTION 6.4. Reliance; Advice of Counsel 23 SECTION 6.5. Not Acting in Individual Capacity 23 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 24 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 24 SECTION 6.10. FATCA Information 25 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 25 SECTION 6.12. Beneficial Ownership and Control of the Trust 26 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 26 SECTION 7.1. Owner Trustee’s Fees and Expenses 26 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 27 SECTION 7.4. Non-recourse Obligations 27 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 27 SECTION 8.1. Termination of Trust Agreement 27 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 28 SECTION 9.1. Eligibility Requirements for Owner Trustee 28 SECTION 9.2. Resignation or Removal of Owner Trustee 29 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 30 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Amendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 32 SECTION 10.4. Notices 33 SECTION 10.5. Severability 33 SECTION 10.6. Counterparts and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right Consent to Do Subcontractors Work 8 Article 9 - InspectionBusiness Electronically 33 SECTION 10.7. Assignments 34 SECTION 10.8. No Recourse 34 SECTION 10.9. Headings 34 SECTION 10.10. GOVERNING LAW 34 SECTION 10.11. Servicer 34 SECTION 10.12. Nonpetition Covenants 35 SECTION 10.13. Regulation AB 35 SECTION 10.14. Force Majeure 35 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 36 SECTION 11.1. Establishment of Trust Accounts 36 SECTION 11.2. Application of Trust Funds 36 SECTION 11.3. Method of Payment 37 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, Testing and Correction dated as of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - LiensMarch 16, Stop Notices2022, between AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work February 1, 2022, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (AmeriCredit Automobile Receivables Trust 2022-1), Trust Agreement (AmeriCredit Automobile Receivables Trust 2022-1)

TABLE OF CONTENTS. RECITALS ARTICLE I. DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 4 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 5 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 6 SECTION 2.6. Declaration of Trust 6 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 7 SECTION 2.10. Covenants of the Certificateholder 8 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 10 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 12 SECTION 3.7. Maintenance of Office or Agency 12 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 14 SECTION 4.3. Restrictions on Certificateholder’s Power 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 17 SECTION 5.1. General Authority 17 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 18 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 19 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 20 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trust and Duties 20 SECTION 6.2. Furnishing of Documents 22 SECTION 6.3. Representations and Warranties 22 SECTION 6.4. Reliance; Advice of Counsel 23 SECTION 6.5. Not Acting in Individual Capacity 24 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 24 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 25 SECTION 6.10. FATCA Information 25 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 25 SECTION 6.12. Beneficial Ownership and Control of the Trust 26 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 26 SECTION 7.1. Owner Trustee’s Fees and Expenses 26 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 27 SECTION 7.4. Non-recourse Obligations 27 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 27 SECTION 8.1. Termination of Trust Agreement 27 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 28 SECTION 9.1. Eligibility Requirements for Owner Trustee 28 SECTION 9.2. Resignation or Removal of Owner Trustee 29 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 30 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Amendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 33 SECTION 10.4. Notices 33 SECTION 10.5. Severability 33 SECTION 10.6. Counterparts and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right Consent to Do Subcontractors Work 8 Article 9 - InspectionBusiness Electronically 33 SECTION 10.7. Assignments 34 SECTION 10.8. No Recourse 34 SECTION 10.9. Headings 34 SECTION 10.10. Force Majeure 34 SECTION 10.11. GOVERNING LAW 34 SECTION 10.12. Servicer 35 SECTION 10.13. Nonpetition Covenants 35 SECTION 10.14. Regulation AB 35 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 36 SECTION 11.1. Establishment of Trust Accounts 36 SECTION 11.2. Application of Trust Funds 36 SECTION 11.3. Method of Payment 37 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, Testing and Correction dated as of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - LiensJuly 19, Stop Notices2023, between AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work May 23, 2023, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee (the “Initial Trust Agreement”).

Appears in 2 contracts

Samples: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2023-3), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2023-3)

TABLE OF CONTENTS. RECITALS DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 3 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 4 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 5 SECTION 2.6. Declaration of Trust 6 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 6 SECTION 2.10. Covenants of the Certificateholder 7 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 9 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 11 SECTION 3.7. Maintenance of Office or Agency 11 SECTION 3.8. Disposition in Whole But Not in Part 11 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 13 SECTION 4.3. Restrictions on Certificateholder’s Power 13 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 16 SECTION 5.1. General Authority 16 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 17 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 18 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 18 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 19 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 19 SECTION 6.1. Acceptance of Trusts and Duties 19 SECTION 6.2. Furnishing of Documents 21 SECTION 6.3. Representations and Warranties 21 SECTION 6.4. Reliance; Advice of Counsel 22 SECTION 6.5. Not Acting in Individual Capacity 22 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 23 SECTION 6.7. Owner Trustee May Own Notes 23 SECTION 6.8. Payments from Owner Trust Estate 23 SECTION 6.9. Doing Business in Other Jurisdictions 23 SECTION 6.10. FATCA Information 24 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 24 SECTION 7.1. Owner Trustee’s Fees and Expenses 24 SECTION 7.2. Indemnification 24 SECTION 7.3. Payments to the Owner Trustee 25 SECTION 7.4. Non-recourse Obligations 25 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 25 SECTION 8.1. Termination of Trust Agreement 25 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 26 SECTION 9.1. Eligibility Requirements for Owner Trustee 26 SECTION 9.2. Resignation or Removal of Owner Trustee 27 SECTION 9.3. Successor Owner Trustee 27 SECTION 9.4. Merger or Consolidation of Owner Trustee 28 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 28 ARTICLE X. MISCELLANEOUS 29 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – SubmittalsAmendments 29 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 30 SECTION 10.3. Limitations on Rights of Others 30 SECTION 10.4. Notices 31 SECTION 10.5. Severability 31 SECTION 10.6. Separate Counterparts 31 SECTION 10.7. Assignments 31 SECTION 10.8. No Recourse 32 SECTION 10.9. Headings 32 SECTION 10.10. GOVERNING LAW 32 SECTION 10.11. Servicer 32 SECTION 10.12. Nonpetition Covenants 32 SECTION 10.13. Regulation AB 33 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 33 SECTION 11.1. Establishment of Trust Accounts 33 SECTION 11.2. Application of Trust Funds 34 SECTION 11.3. Method of Payment 35 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule dated as of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - InspectionApril 11, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens2017, Stop Noticesbetween AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work April 5, 2017, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (AFS SenSub Corp.), Trust Agreement (AFS SenSub Corp.)

TABLE OF CONTENTS. RECITALS 1 Contract ARTICLE I DEFINITIONS; INTERPRETATION 2 Section 1.01 Definitions 2 Section 1.02 Interpretation 11 ARTICLE II THE MERGER 12 Section 2.01 The Merger 12 Section 2.02 Bank Merger 12 Section 2.03 Effects of the Merger 12 Section 2.04 Constituent Documents 1 Subcontract Price 1 Scope 12 Section 2.05 Directors and Executive Officers 13 Section 2.06 Merger Consideration 13 Section 2.07 Anti-Dilutive Adjustment 15 Section 2.08 Dissenting Shares 15 Section 2.09 Rights as Shareholders; Stock Transfers 16 Section 2.10 Exchange Procedures 16 Section 2.11 Rights of Work 1 TERMS Certificate Holders after the Effective Time 17 Section 2.12 Modification of Structure 18 ARTICLE III THE CLOSING AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - THE CLOSING DATE 18 Section 3.01 Effective Time; Time and Schedule Place of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right the Closing and Closing Date 18 Section 3.02 Actions to Do Subcontractors Work 8 Article 9 - Inspection, Testing be Taken at the Closing by BFST 19 Section 3.03 Actions to be Taken at the Closing by TCBI 19 Section 3.04 Additional Actions 20 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF BFST 20 Section 4.01 Organization and Correction Qualification 21 Section 4.02 Capitalization 21 Section 4.03 Execution and Delivery; No Violation 21 Section 4.04 BFST Financial Statements 22 Section 4.05 Compliance with Laws and Regulatory Filings 23 Section 4.06 SEC Reports 25 Section 4.07 Consents and Approvals 25 Section 4.08 Absence of Work 8 Article 10 - Certain Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, or Events 25 Section 4.09 Proceedings 25 Section 4.10 Undisclosed Liabilities 26 Section 4.11 BFST Contracts 26 Section 4.12 Taxes and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work Tax Returns 26 Section 4.13 Loans and Risk of Loss 13 Article 18 - Clean-Up Related Matters 27 Section 4.14 Employee Relationships 28 Section 4.15 Regulatory Matters 29 Section 4.16 Employee Benefit Plans 29 Section 4.17 Brokers 30 Section 4.18 Proprietary Rights 30 Section 4.19 Representations Not Misleading 30 ARTICLE V REPRESENTATIONS AND WARRANTIES OF TCBI 31 Section 5.01 Organization and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty Qualification 31 Section 5.02 Capitalization 32 Section 5.03 Execution and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Delivery; No Violation 33 Section 5.04 Compliance with Laws and Regulatory Filings 34 Section 5.05 TCBI Financial Statements 35

Appears in 2 contracts

Samples: Merger Agreement (Business First Bancshares, Inc.), Merger Agreement (Business First Bancshares, Inc.)

TABLE OF CONTENTS. RECITALS ARTICLE I PURCHASE AND SALE 1 Contract Documents Section 1.1 Purchase and Sale 1 Subcontract Price 1 Scope Section 1.2 Transaction Consideration 5 Section 1.3 Closing Date 5 Section 1.4 Closing Date Payment and Deliveries 5 Section 1.5 Tax Withholding 8 Section 1.6 Required Consents 8 Section 1.7 Allocation of Work 1 TERMS Transaction Consideration 8 ARTICLE II REPRESENTATIONS AND WARRANTIES OF HALCYON 9 Section 2.1 Organization; Authorization and Enforceability 9 Section 2.2 Conflicts; Consents of Third Parties 9 Section 2.3 Ownership 10 Section 2.4 Broker Fees 10 ARTICLE III REPRESENTATIONS AND WARRANTIES OF THE COMPANY AND HALCYON 10 Section 3.1 Company Organization and Related Matters 10 Section 3.2 Capitalization 11 Section 3.3 Conflicts; Consents of Third Parties 11 Section 3.4 Financial Statements 11 Section 3.5 No Undisclosed Liabilities 12 Section 3.6 Absence of Certain Developments 12 Section 3.7 Taxes 12 Section 3.8 Real Property 13 Section 3.9 Tangible Personal Property; Title; Sufficiency of Assets 14 Section 3.10 Intellectual Property 15 Section 3.11 Contracts 18 Section 3.12 Employee Benefits. 18 Section 3.13 Labor 20 Section 3.14 Litigation 20 Section 3.15 Compliance with Laws; Permits 20 Section 3.16 Environmental Matters 21 Section 3.17 Insurance 21 Section 3.18 Receivables; Payables 21 Section 3.19 Products and Services 22 Section 3.20 Customers and Suppliers 23 Section 3.21 Related Party Transactions 23 Section 3.22 Brokers Fees 24 Section 3.23 Absence of Certain Business Practices 24 Section 3.24 Books and Records 24 Section 3.25 Bank Accounts; Powers of Attorney 24 Section 3.26 No Misrepresentation 24 Section 3.27 Names 24 Section 3.28 Not a Foreign Person 25 Section 3.29 Investor Status 25 Section 3.30 No Other Representations 26 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF PURCHASER 26 Section 4.1 Organization 26 Section 4.2 Authorization and Enforceability 26 Section 4.3 Conflicts; Consent of Third Parties 26 Section 4.4 Brokers Fees 27 Section 4.5 No Proceedings 27 Section 4.6 Issuance of Purchaser Shares 27 Section 4.7 No Insolvency 27 Section 4.8 No Other Representations 27 ARTICLE V COVENANTS 27 Section 5.1 Conduct of Business by the Company Pending the Closing 27 Section 5.2 Access to Information 30 Section 5.3 Notification of Certain Matters 30 Section 5.4 Further Action; Commercially Reasonable Efforts 30 Section 5.5 Names and Logos 31 Section 5.6 Mail; Payments; Receivables 31 Section 5.7 Public Announcements; Confidentiality 31 Section 5.8 Exclusivity 32 Section 5.9 Non-Competition; Non-Solicitation 32 Section 5.10 Payment of Indebtedness, Seller Transaction Expenses, Change of Control Payments, and Excluded Liabilities 34 Section 5.11 Employee and Employee Benefits 34 Section 5.12 Pre-Closing Funding 35 ARTICLE VI CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation TO OBLIGATIONS OF THE PARTIES 36 Section 6.1 Conditions to the Obligations of Each Party 36 Section 6.2 Conditions to the Obligations of Purchaser 36 Section 6.3 Conditions to the Obligations of Seller Parties 37 ARTICLE VII TERMINATION, AMENDMENT AND WAIVER 37 Section 7.1 Termination 37 Section 7.2 Effect of Termination 38 ARTICLE VIII INDEMNIFICATION 38 Section 8.1 Indemnity Obligations of the Company and Halcyon 38 Section 8.2 Indemnity Obligations of Halcyon Members 39 Section 8.3 Indemnity Obligations of Purchaser 40 Section 8.4 Indemnification Procedures 40 Section 8.5 Expiration of Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule Warranties 42 Section 8.6 Certain Limitations 42 Section 8.7 Additional Security for Indemnification Payments to Purchaser Indemnitees 43 Section 8.8 Treatment of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Indemnification Payments 43 Section 8.9 Right to Do Subcontractors Work 8 Article 9 - InspectionIndemnification Not Affected by Knowledge or Waiver 44 Section 8.10 Sole Remedy 44 ARTICLE IX MISCELLANEOUS 44 Section 9.1 Certain Definitions 44 Section 9.2 Expenses 51 Section 9.3 Governing Law 51 Section 9.4 Entire Agreement; Amendments and Waivers 51 Section 9.5 Section Headings 52 Section 9.6 Notices 52 Section 9.7 Severability 53 Section 9.8 Binding Effect; Assignment; Third-Party Beneficiaries 53 Section 9.9 Counterparts 53 Section 9.10 Remedies Cumulative 54 Section 9.11 Exhibits and Schedules 54 Section 9.12 Interpretation 54 Section 9.13 Arm’s Length Negotiations 54 Section 9.14 Construction 55 Section 9.15 Specific Performance 55 Section 9.16 Waiver of Jury Trial 55 Section 9.17 Time of Essence 55 Exhibit A: Form of Acquisition Note Exhibit B: Form of Bixx xf Sale Exhibit C: Form of Non-Compete Agreement Exhibit D: Form of Services Agreement with Halcyon Exhibit E: Form of Amendment to Purchaser's Articles of Incorporation THIS ASSET PURCHASE AGREEMENT (this “Agreement”), Testing dated as of January 8, 2017, is by and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liensamong Smart Server, Stop NoticesInc., a Nevada corporation (“Purchaser”), NextGen Dealer Solutions, LLC, a Delaware limited liability company (the “Company”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection Halcyon Consulting, LLC, a Maryland limited liability company (“Halcyon”). The Company and Halcyon are sometimes referred to herein collectively as the “Seller Parties” and each as a “Seller Party”. Seller Parties and Purchaser are sometimes referred to herein collectively as the “Parties” and each individually as a “Party.” The members of Work Halcyon (“Halcyon Members”) are executing this Agreement for the limited purposes stated herein. Halcyon and Risk of Loss 13 Article 18 - Clean-Up the Halcyon Members are sometimes referred to herein collectively as the “Halcyon Parties” and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17each as a “Halcyon Party”.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Kakarala Kartik), Asset Purchase Agreement (Smart Server, Inc)

TABLE OF CONTENTS. RECITALS 1 Contract ARTICLE I DEFINITIONS AND INCORPORATION BY REFERENCE 2 Section 1.1 Definitions 2 Section 1.2 Incorporation by Reference of Trust Indenture Act 2 Section 1.3 Rules of Construction 2 ARTICLE II THE NOTES 4 Section 2.1 Form 4 Section 2.2 Execution, Authentication and Delivery 4 Section 2.3 Temporary Notes 5 Section 2.4 Tax Treatment 5 Section 2.5 Registration; Registration of Transfer and Exchange 6 Section 2.6 Mutilated, Destroyed, Lost or Stolen Notes 7 Section 2.7 Persons Deemed Owners 8 Section 2.8 Payments 8 Section 2.9 Cancellation 13 Section 2.10 Release of Collateral 14 Section 2.11 Book-Entry Notes 14 Section 2.12 Notices to Clearing Agency 15 Section 2.13 Definitive Notes 15 Section 2.14 Authenticating Agents 15 Section 2.15 Retained Notes 16 ARTICLE III COVENANTS 20 Section 3.1 Payment of Principal and Interest; Determination of SOFR; Benchmark Replacement 20 Section 3.2 Maintenance of Office or Agency 22 Section 3.3 Money for Payments To Be Held in Trust 22 Section 3.4 Existence 23 Section 3.5 Protection of Trust Estate 24 Section 3.6 Opinions as to Trust Estate 24 Section 3.7 Performance of Obligations; Servicing of Receivables 25 Section 3.8 Negative Covenants 27 Section 3.9 Annual Statement as to Compliance 28 Section 3.10 Issuer May Consolidate, etc., Only on Certain Terms 28 Section 3.11 Successor or Transferee 30 Section 3.12 No Other Business 30 Section 3.13 No Borrowing 30 Section 3.14 Servicer’s Obligations 30 Section 3.15 Guarantees, Loans, Advances and Other Liabilities 30 Section 3.16 Capital Expenditures 31 Section 3.17 Restricted Payments 31 Section 3.18 Notice of Events of Default 31 Section 3.19 Removal of Administrator 31 Section 3.20 Further Instruments and Acts 31 Section 3.21 Sales Finance Company Licenses 31 Section 3.22 Representations and Warranties by the Issuer to the Indenture Trustee 31 ARTICLE IV SATISFACTION AND DISCHARGE 32 Section 4.1 Satisfaction and Discharge of Indenture 32 Section 4.2 Satisfaction, Discharge and Defeasance of the Notes 32 Section 4.3 Application of Trust Money 34 Section 4.4 Repayment of Monies Held by Paying Agent 34 ARTICLE V REMEDIES 34 Section 5.1 Events of Default 34 Section 5.2 Acceleration of Maturity; Rescission and Annulment 35 Section 5.3 Collection of Indebtedness and Suits for Enforcement by Indenture Trustee 36 Section 5.4 Remedies; Priorities 38 Section 5.5 Optional Preservation of the Receivables 41 Section 5.6 Limitation of Suits 42 Section 5.7 Unconditional Rights of Noteholders to Receive Principal and Interest 42 Section 5.8 Restoration of Rights and Remedies 43 Section 5.9 Rights and Remedies Cumulative 43 Section 5.10 Delay or Omission Not a Waiver 43 Section 5.11 Control by Noteholders of the Controlling Class 43 Section 5.12 Waiver of Past Defaults 44 Section 5.13 Undertaking for Costs 44 Section 5.14 Waiver of Stay or Extension Laws 44 Section 5.15 Action on Notes 45 Section 5.16 Performance and Enforcement of Certain Obligations 45 ARTICLE VI THE INDENTURE TRUSTEE 46 Section 6.1 Duties of Indenture Trustee 46 Section 6.2 Rights of Indenture Trustee 48 Section 6.3 Individual Rights of Indenture Trustee 49 Section 6.4 Indenture Trustee’s Disclaimer 49 Section 6.5 Notice of Defaults 49 Section 6.6 Reports by Indenture Trustee to Holders 49 Section 6.7 Compensation and Indemnity 50 Section 6.8 Replacement of Indenture Trustee 50 Section 6.9 Successor Indenture Trustee by Xxxxxx 51 Section 6.10 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 52 Section 6.11 Eligibility; Disqualification 53 Section 6.12 Preferential Collection of Claims Against Issuer 54 Section 6.13 Communications Regarding Demands to Purchase Receivables 54 ARTICLE VII NOTEHOLDERS’ LISTS AND REPORTS; ASSET REPRESENTATIONS REVIEW 54 Section 7.1 Issuer To Furnish Indenture Trustee Names and Addresses of Noteholders 54 Section 7.2 Preservation of Information; Communications to Noteholders 54 Section 7.3 Reports by Issuer 55 Section 7.4 Reports by Indenture Trustee 55 Section 7.5 Noteholder Communications 55 Section 7.6 Asset Representations Review 56 ARTICLE VIII ACCOUNTS, DISBURSEMENTS AND RELEASES 57 Section 8.1 Collection of Money 57 Section 8.2 Trust Accounts 58 Section 8.3 General Provisions Regarding Accounts 58 Section 8.4 Release of Trust Estate 59 Section 8.5 Opinion of Counsel 60 ARTICLE IX SUPPLEMENTAL INDENTURES 60 Section 9.1 Supplemental Indentures Without Consent of Noteholders 60 Section 9.2 Supplemental Indentures with Consent of Noteholders 61 Section 9.3 Execution of Supplemental Indentures 63 Section 9.4 Effect of Supplemental Indenture 63 Section 9.5 Conformity with Trust Indenture Act 63 Section 9.6 Reference in Notes to Supplemental Indentures 63 ARTICLE X REDEMPTION OF NOTES 63 Section 10.1 Redemption 63 Section 10.2 Form of Redemption Notice 64 Section 10.3 Notes Payable on Redemption Date 64 ARTICLE XI MISCELLANEOUS 65 Section 11.1 Compliance Certificates and Opinions, etc. 65 Section 11.2 Form of Documents 1 Subcontract Price 1 Scope Delivered to Indenture Trustee 66 Section 11.3 Acts of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Noteholders 67 Section 11.4 Notices, etc., to Indenture Trustee, Issuer and Third Rating Agencies 68 Section 11.5 Notices to Noteholders; Waiver 69 Section 11.6 Alternate Payment and Notice Provisions 69 Section 11.7 Conflict with Trust Indenture Act 69 Section 11.8 Effect of Headings and Table of Contents 70 Section 11.9 Successors and Assigns 70 Section 11.10 Severability 70 Section 11.11 Benefits of Indenture 70 Section 11.12 Legal Holiday 70 Section 11.13 GOVERNING LAW; SUBMISSION TO JURISDICTION; WAIVER OF RIGHT TO JURY TRIAL 70 Section 11.14 Counterparts and Electronic Signature 71 Section 11.15 Recording of Indenture 71 Section 11.16 Trust Obligation 71 Section 11.17 No Petition 72 Section 11.18 Inspection 72 Section 11.19 Third-Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Beneficiaries 72

Appears in 2 contracts

Samples: Indenture (CarMax Auto Owner Trust 2024-2), Indenture (Carmax Auto Funding LLC)

TABLE OF CONTENTS. RECITALS DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 3 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 4 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 5 SECTION 2.6. Declaration of Trust 5 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 6 SECTION 2.10. Covenants of the Certificateholder 7 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 9 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 11 SECTION 3.7. Maintenance of Office or Agency 11 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 13 SECTION 4.3. Restrictions on Certificateholder’s Power 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 17 SECTION 5.1. General Authority 17 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 17 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 18 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 19 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trust and Duties 20 SECTION 6.2. Furnishing of Documents 21 SECTION 6.3. Representations and Warranties 22 SECTION 6.4. Reliance; Advice of Counsel 22 SECTION 6.5. Not Acting in Individual Capacity 23 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 23 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 24 SECTION 6.10. FATCA Information 24 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 25 SECTION 6.12. Beneficial Ownership and Control of the Trust 25 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 25 SECTION 7.1. Owner Trustee’s Fees and Expenses 25 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 26 SECTION 7.4. Non-recourse Obligations 26 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 27 SECTION 8.1. Termination of Trust Agreement 27 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 28 SECTION 9.1. Eligibility Requirements for Owner Trustee 28 SECTION 9.2. Resignation or Removal of Owner Trustee 28 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 29 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Amendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 32 SECTION 10.4. Notices 32 SECTION 10.5. Severability 33 SECTION 10.6. Counterparts and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right Consent to Do Subcontractors Work 8 Article 9 - InspectionBusiness Electronically 33 SECTION 10.7. Assignments 33 SECTION 10.8. No Recourse 33 SECTION 10.9. Headings 33 SECTION 10.10. Force Majeure 34 SECTION 10.11. GOVERNING LAW 34 SECTION 10.12. Servicer 34 SECTION 10.13. Nonpetition Covenants 34 SECTION 10.14. Regulation AB 35 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 35 SECTION 11.1. Establishment of Trust Accounts 35 SECTION 11.2. Application of Trust Funds 36 SECTION 11.3. Method of Payment 36 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, Testing and Correction dated as of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - LiensApril 13, Stop Notices2022, between AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work February 28, 2022, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2022-2), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2022-2)

TABLE OF CONTENTS. RECITALS ARTICLE I. DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 4 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 5 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 6 SECTION 2.6. Declaration of Trust 6 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust. 6 SECTION 2.9. Representations and Warranties of the Depositor 7 SECTION 2.10. Covenants of the Certificateholder 8 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 10 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 12 SECTION 3.7. Maintenance of Office or Agency 12 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 14 SECTION 4.3. Restrictions on Certificateholder’s Power 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 15 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 17 SECTION 5.1. General Authority 17 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 18 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 19 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 20 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trust and Duties 20 SECTION 6.2. Furnishing of Documents 22 SECTION 6.3. Representations and Warranties 22 SECTION 6.4. Reliance; Advice of Counsel 23 SECTION 6.5. Not Acting in Individual Capacity 24 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 24 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 25 SECTION 6.10. FATCA Information 25 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 25 SECTION 6.12. Beneficial Ownership and Control of the Trust 26 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 26 SECTION 7.1. Owner Trustee’s Fees and Expenses 26 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 27 SECTION 7.4. Non-recourse Obligations 27 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 27 SECTION 8.1. Termination of Trust Agreement 27 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 28 SECTION 9.1. Eligibility Requirements for Owner Trustee 28 SECTION 9.2. Resignation or Removal of Owner Trustee 29 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 30 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Amendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 33 SECTION 10.4. Notices 33 SECTION 10.5. Severability 33 SECTION 10.6. Counterparts and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right Consent to Do Subcontractors Work 8 Article 9 - InspectionBusiness Electronically 33 SECTION 10.7. Assignments 34 SECTION 10.8. No Recourse 34 SECTION 10.9. Headings 34 SECTION 10.10. Force Majeure 34 SECTION 10.11. GOVERNING LAW 34 SECTION 10.12. Servicer 34 SECTION 10.13. Nonpetition Covenants 35 SECTION 10.14. Regulation AB 35 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 36 SECTION 11.1. Establishment of Trust Accounts 36 SECTION 11.2. Application of Trust Funds 36 SECTION 11.3. Method of Payment 37 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, Testing and Correction dated as of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - LiensJanuary 17, Stop Notices2024, between AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work November 28, 2023, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee (the “Initial Trust Agreement”).

Appears in 2 contracts

Samples: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2024-1), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2024-1)

TABLE OF CONTENTS. RECITALS DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 4 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 5 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 6 SECTION 2.6. Declaration of Trust 6 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 7 SECTION 2.10. Covenants of the Certificateholder 8 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 10 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 12 SECTION 3.7. Maintenance of Office or Agency 12 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 14 SECTION 4.3. Restrictions on Certificateholder’s Power 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 17 SECTION 5.1. General Authority 17 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 18 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 19 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 19 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trust and Duties 20 SECTION 6.2. Furnishing of Documents 22 SECTION 6.3. Representations and Warranties 22 SECTION 6.4. Reliance; Advice of Counsel 23 SECTION 6.5. Not Acting in Individual Capacity 23 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 23 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 24 SECTION 6.10. FATCA Information 25 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 25 SECTION 6.12. Beneficial Ownership and Control of the Trust 25 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 26 SECTION 7.1. Owner Trustee’s Fees and Expenses 26 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 26 SECTION 7.4. Non-recourse Obligations 27 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 27 SECTION 8.1. Termination of Trust Agreement 27 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 28 SECTION 9.1. Eligibility Requirements for Owner Trustee 28 SECTION 9.2. Resignation or Removal of Owner Trustee 28 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 30 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Amendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 32 SECTION 10.4. Notices 32 SECTION 10.5. Severability 33 SECTION 10.6. Counterparts and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right Consent to Do Subcontractors Work 8 Article 9 - InspectionBusiness Electronically 33 SECTION 10.7. Assignments 33 SECTION 10.8. No Recourse 33 SECTION 10.9. Headings 34 SECTION 10.10. GOVERNING LAW 34 SECTION 10.11. Servicer 34 SECTION 10.12. Nonpetition Covenants 34 SECTION 10.13. Regulation AB 35 SECTION 10.14. Force Majeure 35 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 35 SECTION 11.1. Establishment of Trust Accounts 35 SECTION 11.2. Application of Trust Funds 36 SECTION 11.3. Method of Payment 37 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, Testing and Correction dated as of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - LiensJune 22, Stop Notices2022, between AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work May 12, 2022, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (AmeriCredit Automobile Receivables Trust 2022-2), Trust Agreement (AmeriCredit Automobile Receivables Trust 2022-2)

TABLE OF CONTENTS. RECITALS DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 3 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 4 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 5 SECTION 2.6. Declaration of Trust 5 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 6 SECTION 2.10. Covenants of the Certificateholder 7 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 9 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 11 SECTION 3.7. Maintenance of Office or Agency 11 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 13 SECTION 4.3. Restrictions on Certificateholder’s Power 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 17 SECTION 5.1. General Authority 17 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 17 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 18 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 19 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trust and Duties 20 SECTION 6.2. Furnishing of Documents 21 SECTION 6.3. Representations and Warranties 22 SECTION 6.4. Reliance; Advice of Counsel 22 SECTION 6.5. Not Acting in Individual Capacity 23 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 23 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 24 SECTION 6.10. FATCA Information 24 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 25 SECTION 6.12. Beneficial Ownership and Control of the Trust 25 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 25 SECTION 7.1. Owner Trustee’s Fees and Expenses 25 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 26 SECTION 7.4. Non-recourse Obligations 26 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 27 SECTION 8.1. Termination of Trust Agreement 27 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 28 SECTION 9.1. Eligibility Requirements for Owner Trustee 28 SECTION 9.2. Resignation or Removal of Owner Trustee 28 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 29 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Amendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 32 SECTION 10.4. Notices 32 SECTION 10.5. Severability 33 SECTION 10.6. Counterparts and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right Consent to Do Subcontractors Work 8 Article 9 - InspectionBusiness Electronically 33 SECTION 10.7. Assignments 33 SECTION 10.8. No Recourse 33 SECTION 10.9. Headings 33 SECTION 10.10. Force Majeure 34 SECTION 10.11. GOVERNING LAW 34 SECTION 10.12. Servicer 34 SECTION 10.13. Nonpetition Covenants 34 SECTION 10.14. Regulation AB 35 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 35 SECTION 11.1. Establishment of Trust Accounts 35 SECTION 11.2. Application of Trust Funds 36 SECTION 11.3. Method of Payment 36 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, Testing and Correction dated as of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - LiensJuly 13, Stop Notices2022, between AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work May 20, 2022, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2022-3), Trust Agreement (Afs Sensub Corp.)

TABLE OF CONTENTS. RECITALS DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 3 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 4 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 5 SECTION 2.6. Declaration of Trust 5 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 6 SECTION 2.10. Covenants of the Certificateholder 7 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 9 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 11 SECTION 3.7. Maintenance of Office or Agency 11 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 13 SECTION 4.3. Restrictions on Certificateholder’s Power. 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 17 SECTION 5.1. General Authority 17 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 17 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 18 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 19 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trusts and Duties 20 SECTION 6.2. Furnishing of Documents 21 SECTION 6.3. Representations and Warranties 22 SECTION 6.4. Reliance; Advice of Counsel 22 SECTION 6.5. Not Acting in Individual Capacity 23 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 23 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 24 SECTION 6.10. FATCA Information 24 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 25 SECTION 6.12. Beneficial Ownership and Control of the Trust 25 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 25 SECTION 7.1. Owner Trustee’s Fees and Expenses 25 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 26 SECTION 7.4. Non-recourse Obligations 26 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 27 SECTION 8.1. Termination of Trust Agreement 27 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 28 SECTION 9.1. Eligibility Requirements for Owner Trustee 28 SECTION 9.2. Resignation or Removal of Owner Trustee 28 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 29 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Amendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 32 SECTION 10.4. Notices 32 SECTION 10.5. Severability 33 SECTION 10.6. Counterparts and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right Consent to Do Subcontractors Work 8 Article 9 - InspectionBusiness Electronically 33 SECTION 10.7. Assignments 33 SECTION 10.8. No Recourse 33 SECTION 10.9. Headings 33 SECTION 10.10. Force Majeure 34 SECTION 10.11. GOVERNING LAW 34 SECTION 10.12. Servicer 34 SECTION 10.13. Nonpetition Covenants 34 SECTION 10.14. Regulation AB 35 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 35 SECTION 11.1. Establishment of Trust Accounts 35 SECTION 11.2. Application of Trust Funds 36 SECTION 11.3. Method of Payment 36 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, Testing and Correction dated as of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - LiensOctober 14, Stop Notices2020, between AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work August 27, 2020, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2020-4), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2020-4)

TABLE OF CONTENTS. RECITALS DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 3 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 4 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 5 SECTION 2.6. Declaration of Trust 5 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 6 SECTION 2.10. Covenants of the Certificateholder 7 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 9 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 11 SECTION 3.7. Maintenance of Office or Agency 11 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 13 SECTION 4.3. Restrictions on Certificateholder’s Power 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 16 SECTION 5.1. General Authority 16 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 17 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 18 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 19 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trusts and Duties 20 SECTION 6.2. Furnishing of Documents 21 SECTION 6.3. Representations and Warranties 21 SECTION 6.4. Reliance; Advice of Counsel 22 SECTION 6.5. Not Acting in Individual Capacity 23 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 23 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 24 SECTION 6.10. FATCA Information 24 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 24 SECTION 6.12. Beneficial Ownership and Control of Trust 25 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 25 SECTION 7.1. Owner Trustee’s Fees and Expenses 25 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 26 SECTION 7.4. Non-recourse Obligations 26 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 26 SECTION 8.1. Termination of Trust Agreement 26 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 28 SECTION 9.1. Eligibility Requirements for Owner Trustee 28 SECTION 9.2. Resignation or Removal of Owner Trustee 28 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 29 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 29 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – SubmittalsAmendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 32 SECTION 10.4. Notices 32 SECTION 10.5. Severability 32 SECTION 10.6. Separate Counterparts 33 SECTION 10.7. Assignments 33 SECTION 10.8. No Recourse 33 SECTION 10.9. Headings 33 SECTION 10.10. GOVERNING LAW 33 SECTION 10.11. Servicer 33 SECTION 10.12. Nonpetition Covenants 34 SECTION 10.13. Regulation AB 34 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 35 SECTION 11.1. Establishment of Trust Accounts 35 SECTION 11.2. Application of Trust Funds 35 SECTION 11.3. Method of Payment 36 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule dated as of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - InspectionApril 17, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens2019, Stop Noticesbetween AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work February 22, 2019, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2019-2), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2019-2)

TABLE OF CONTENTS. RECITALS ARTICLE I DEFINITIONS 1 Contract Documents Section 1.1 Definitions 1 Subcontract Price 1 Scope Section 1.2 Construction 4 ARTICLE II ORGANIZATION 4 Section 2.1 Formation 4 Section 2.2 Name 4 Section 2.3 Registered Office; Registered Agent; Principal Office; Other Offices 4 Section 2.4 Purposes 4 Section 2.5 Qualification in Other Jurisdictions 4 Section 2.6 Powers 4 Section 2.7 Power of Work 1 TERMS Attorney 5 Section 2.8 Term 6 Section 2.9 Certificate of Formation 6 ARTICLE III MEMBERS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation UNITS 6 Section 3.1 Members 6 Section 3.2 Authorization to Issue Units 7 Section 3.3 Certificates 7 Section 3.4 Record Holders 7 Section 3.5 Registration and Representations Transfer of Units 8 Section 3.6 Agreements 8 ARTICLE IV DISTRIBUTIONS AND REDEMPTIONS 8 Section 4.1 Distributions to Record Holders 8 Section 4.2 Payment of Taxes 9 Section 4.3 Absence of Certain Other Rights 9 ARTICLE V MANAGEMENT AND OPERATION OF BUSINESS 9 Section 5.1 Power and Authority of the Manager 9 Section 5.2 Term and Withdrawal of the Manager 11 Section 5.3 Determinations by Subcontractor 4 Article 4 – Submittalsthe Manager 11 Section 5.4 Exculpation, O & M’s Indemnification, Advances and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection Section 5.5 Duties of Work the Manager and Risk its Officers and Managers 14 Section 5.6 Outside Activities 14 Section 5.7 Reliance by Third Parties 14 Section 5.8 Reimbursement of Loss 13 Article 18 - Clean-Up Expenses 14 ARTICLE VI BOOKS, RECORDS, ACCOUNTING AND REPORTS 15 Section 6.1 Records and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds Accounting 15 Article 24 - Claim Certification & False Claims Liability Section 6.2 Fiscal Year 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Section 6.3 Reports 15

Appears in 2 contracts

Samples: Limited Liability Company Agreement (One Chestnut Realty LLC), Limited Liability Company Agreement (Solis Seattle, LLC)

TABLE OF CONTENTS. RECITALS DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 4 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 5 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 6 SECTION 2.6. Declaration of Trust 6 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 7 SECTION 2.10. Covenants of the Certificateholder 8 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 10 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 12 SECTION 3.7. Maintenance of Office or Agency 12 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 13 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 14 SECTION 4.3. Restrictions on Certificateholder’s Power 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 15 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 17 SECTION 5.1. General Authority 17 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 18 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 19 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 20 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trust and Duties 20 SECTION 6.2. Furnishing of Documents 22 SECTION 6.3. Representations and Warranties 22 SECTION 6.4. Reliance; Advice of Counsel 23 SECTION 6.5. Not Acting in Individual Capacity 24 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 24 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 25 SECTION 6.10. FATCA Information 25 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 25 SECTION 6.12. Beneficial Ownership and Control of the Trust 26 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 26 SECTION 7.1. Owner Trustee’s Fees and Expenses 26 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 27 SECTION 7.4. Non-recourse Obligations 27 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 27 SECTION 8.1. Termination of Trust Agreement 27 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 29 SECTION 9.1. Eligibility Requirements for Owner Trustee 29 SECTION 9.2. Resignation or Removal of Owner Trustee 29 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 30 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Amendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 33 SECTION 10.4. Notices 33 SECTION 10.5. Severability 33 SECTION 10.6. Counterparts and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right Consent to Do Subcontractors Work 8 Article 9 - InspectionBusiness Electronically 33 SECTION 10.7. Assignments 34 SECTION 10.8. No Recourse 34 SECTION 10.9. Headings 34 SECTION 10.10. Force Majeure 34 SECTION 10.11. GOVERNING LAW 34 SECTION 10.12. Servicer 35 SECTION 10.13. Nonpetition Covenants 35 SECTION 10.14. Regulation AB 35 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 36 SECTION 11.1. Establishment of Trust Accounts 36 SECTION 11.2. Application of Trust Funds 36 SECTION 11.3. Method of Payment 37 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, Testing and Correction dated as of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - LiensApril 10, Stop Notices2024, between AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work February 14, 2024, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee (the “Initial Trust Agreement”).

Appears in 2 contracts

Samples: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2024-2), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2024-2)

TABLE OF CONTENTS. RECITALS 1 Contract ARTICLE I DEFINITIONS AND INCORPORATION BY REFERENCE 2 Section 1.1 Definitions 2 Section 1.2 Incorporation by Reference of Trust Indenture Act 2 Section 1.3 Rules of Construction 2 ARTICLE II THE NOTES 4 Section 2.1 Form 4 Section 2.2 Execution, Authentication and Delivery 4 Section 2.3 Temporary Notes 5 Section 2.4 Tax Treatment 5 Section 2.5 Registration; Registration of Transfer and Exchange 6 Section 2.6 Mutilated, Destroyed, Lost or Stolen Notes 7 Section 2.7 Persons Deemed Owners 8 Section 2.8 Payments 8 Section 2.9 Cancellation 13 Section 2.10 Release of Collateral 14 Section 2.11 Book-Entry Notes 14 Section 2.12 Notices to Clearing Agency 15 Section 2.13 Definitive Notes 15 Section 2.14 Authenticating Agents 15 Section 2.15 Retained Notes 16 ARTICLE III COVENANTS 20 Section 3.1 Payment of Principal and Interest; Determination of SOFR; Benchmark Replacement 20 Section 3.2 Maintenance of Office or Agency 22 Section 3.3 Money for Payments To Be Held in Trust 22 Section 3.4 Existence 23 Section 3.5 Protection of Trust Estate 24 Section 3.6 Opinions as to Trust Estate 24 Section 3.7 Performance of Obligations; Servicing of Receivables 25 Section 3.8 Negative Covenants 27 Section 3.9 Annual Statement as to Compliance 28 Section 3.10 Issuer May Consolidate, etc., Only on Certain Terms 28 Section 3.11 Successor or Transferee 30 Section 3.12 No Other Business 30 Section 3.13 No Borrowing 30 Section 3.14 Servicer’s Obligations 30 Section 3.15 Guarantees, Loans, Advances and Other Liabilities 30 Section 3.16 Capital Expenditures 31 Section 3.17 Restricted Payments 31 Section 3.18 Notice of Events of Default 31 Section 3.19 Removal of Administrator 31 Section 3.20 Further Instruments and Acts 31 Section 3.21 Sales Finance Company Licenses 31 Section 3.22 Representations and Warranties by the Issuer to the Indenture Trustee 31 ARTICLE IV SATISFACTION AND DISCHARGE 32 Section 4.1 Satisfaction and Discharge of Indenture 32 Section 4.2 Satisfaction, Discharge and Defeasance of the Notes 33 Section 4.3 Application of Trust Money 34 Section 4.4 Repayment of Monies Held by Paying Agent 34 ARTICLE V REMEDIES 34 Section 5.1 Events of Default 34 Section 5.2 Acceleration of Maturity; Rescission and Annulment 35 Section 5.3 Collection of Indebtedness and Suits for Enforcement by Indenture Trustee 36 Section 5.4 Remedies; Priorities 38 Section 5.5 Optional Preservation of the Receivables 41 Section 5.6 Limitation of Suits 42 Section 5.7 Unconditional Rights of Noteholders to Receive Principal and Interest 42 Section 5.8 Restoration of Rights and Remedies 43 Section 5.9 Rights and Remedies Cumulative 43 Section 5.10 Delay or Omission Not a Waiver 43 Section 5.11 Control by Noteholders of the Controlling Class 43 Section 5.12 Waiver of Past Defaults 44 Section 5.13 Undertaking for Costs 44 Section 5.14 Waiver of Stay or Extension Laws 44 Section 5.15 Action on Notes 45 Section 5.16 Performance and Enforcement of Certain Obligations 45 ARTICLE VI THE INDENTURE TRUSTEE 46 Section 6.1 Duties of Indenture Trustee 46 Section 6.2 Rights of Indenture Trustee 48 Section 6.3 Individual Rights of Indenture Trustee 49 Section 6.4 Indenture Trustee’s Disclaimer 49 Section 6.5 Notice of Defaults 49 Section 6.6 Reports by Indenture Trustee to Holders 49 Section 6.7 Compensation and Indemnity 50 Section 6.8 Replacement of Indenture Trustee 50 Section 6.9 Successor Indenture Trustee by Xxxxxx 51 Section 6.10 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 52 Section 6.11 Eligibility; Disqualification 53 Section 6.12 Preferential Collection of Claims Against Issuer 54 Section 6.13 Communications Regarding Demands to Purchase Receivables 54 ARTICLE VII NOTEHOLDERS’ LISTS AND REPORTS; ASSET REPRESENTATIONS REVIEW 54 Section 7.1 Issuer To Furnish Indenture Trustee Names and Addresses of Noteholders 54 Section 7.2 Preservation of Information; Communications to Noteholders 54 Section 7.3 Reports by Issuer 55 Section 7.4 Reports by Indenture Trustee 55 Section 7.5 Noteholder Communications 55 Section 7.6 Asset Representations Review 56 ARTICLE VIII ACCOUNTS, DISBURSEMENTS AND RELEASES 57 Section 8.1 Collection of Money 57 Section 8.2 Trust Accounts 58 Section 8.3 General Provisions Regarding Accounts 58 Section 8.4 Release of Trust Estate 59 Section 8.5 Opinion of Counsel 60 ARTICLE IX SUPPLEMENTAL INDENTURES 60 Section 9.1 Supplemental Indentures Without Consent of Noteholders 60 Section 9.2 Supplemental Indentures with Consent of Noteholders 61 Section 9.3 Execution of Supplemental Indentures 63 Section 9.4 Effect of Supplemental Indenture 63 Section 9.5 Conformity with Trust Indenture Act 63 Section 9.6 Reference in Notes to Supplemental Indentures 63 ARTICLE X REDEMPTION OF NOTES 63 Section 10.1 Redemption 63 Section 10.2 Form of Redemption Notice 64 Section 10.3 Notes Payable on Redemption Date 64 ARTICLE XI MISCELLANEOUS 65 Section 11.1 Compliance Certificates and Opinions, etc. 65 Section 11.2 Form of Documents 1 Subcontract Price 1 Scope Delivered to Indenture Trustee 66 Section 11.3 Acts of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Noteholders 67 Section 11.4 Notices, etc., to Indenture Trustee, Issuer and Third Rating Agencies 67 Section 11.5 Notices to Noteholders; Waiver 69 Section 11.6 Alternate Payment and Notice Provisions 69 Section 11.7 Conflict with Trust Indenture Act 69 Section 11.8 Effect of Headings and Table of Contents 70 Section 11.9 Successors and Assigns 70 Section 11.10 Severability 70 Section 11.11 Benefits of Indenture 70 Section 11.12 Legal Holiday 70 Section 11.13 GOVERNING LAW; SUBMISSION TO JURISDICTION; WAIVER OF RIGHT TO JURY TRIAL 70 Section 11.14 Counterparts and Electronic Signature 71 Section 11.15 Recording of Indenture 71 Section 11.16 Trust Obligation 71 Section 11.17 No Petition 72 Section 11.18 Inspection 72 Section 11.19 Third-Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Beneficiaries 72

Appears in 2 contracts

Samples: Indenture (CarMax Auto Owner Trust 2024-1), Indenture (Carmax Auto Funding LLC)

TABLE OF CONTENTS. RECITALS DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 3 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 4 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 5 SECTION 2.6. Declaration of Trust 5 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 6 SECTION 2.10. Covenants of the Certificateholder 7 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 9 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 11 SECTION 3.7. Maintenance of Office or Agency 11 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 13 SECTION 4.3. Restrictions on Certificateholder’s Power. 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 17 SECTION 5.1. General Authority 17 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 17 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 18 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 19 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trusts and Duties 20 SECTION 6.2. Furnishing of Documents 21 SECTION 6.3. Representations and Warranties 22 SECTION 6.4. Reliance; Advice of Counsel 22 SECTION 6.5. Not Acting in Individual Capacity 23 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 23 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 24 SECTION 6.10. FATCA Information 24 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 25 SECTION 6.12. Beneficial Ownership and Control of the Trust 25 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 25 SECTION 7.1. Owner Trustee’s Fees and Expenses 25 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 26 SECTION 7.4. Non-recourse Obligations 26 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 27 SECTION 8.1. Termination of Trust Agreement 27 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 28 SECTION 9.1. Eligibility Requirements for Owner Trustee 28 SECTION 9.2. Resignation or Removal of Owner Trustee 28 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 29 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Amendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 32 SECTION 10.4. Notices 32 SECTION 10.5. Severability 33 SECTION 10.6. Counterparts and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right Consent to Do Subcontractors Work 8 Article 9 - InspectionBusiness Electronically 33 SECTION 10.7. Assignments 33 SECTION 10.8. No Recourse 33 SECTION 10.9. Headings 33 SECTION 10.10. Force Majeure 34 SECTION 10.11. GOVERNING LAW 34 SECTION 10.12. Servicer 34 SECTION 10.13. Nonpetition Covenants 34 SECTION 10.14. Regulation AB 35 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 35 SECTION 11.1. Establishment of Trust Accounts 35 SECTION 11.2. Application of Trust Funds 36 SECTION 11.3. Method of Payment 36 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, Testing and Correction dated as of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - LiensApril 14, Stop Notices2021, between AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work March 3, 2021, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2021-2), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2021-2)

TABLE OF CONTENTS. RECITALS Parties to the Agreement 1 Contract Documents Purpose 1 Subcontract Price Meet and Confer 1 Scope of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 – Recognition 1 Article 2 - Owners Representative 4 – Ratification of Agreement 1 Article 3 – Investigation and Representations by Subcontractor 4 Term 2 Article 4 – Submittals, O & M’s and Warranty Information Renegotiation 2 Article 5 – Salary 3 Article 6 – Flexible Benefits Plan 4 Article 5 - Payment Procedures and Conditions 7 – Retirement Benefits 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 – Bereavement Leave 9 Article 9 - Inspection, Testing – Mileage and Correction of Work 8 Travel Reimbursement 9 Article 10 - Changes 8 – Management Rights 10 Article 11 - Safety 9 – DCAA Communications 11 Article 12 - Termination 9 – Professional Education 11 Article 13 - Liens, Stop Notices, – Review of Performance and Third Party Payment Claims 11 Discretionary Merit Increases 12 Article 14 - Dispute Resolution 11 – Grievance Procedure 13 Article 15 - Indemnity 11 – Employment Termination Meeting 14 Article 16 - Insurance 12 – Inspection of Employee Personnel File 15 Article 17 - Protection of Work and Risk of Loss 13 – DCAA Matters 15 Article 18 - Clean-Up and Use of Site 13 – Agency Shop 16 Article 19 - Superintendent/Foreperson 14 – Employee Rights 18 Article 20 - Warranty and Correction Period 14 – Savings Clause 19 Article 21 - Assignment 14 – Holidays 19 Article 22 - Prevailing Wage Requirements 14 – Direct Deposit 20 Article 23 - Surety Bonds 15 – Transportation 20 Article 24 - Claim Certification & False Claims Liability 15 – Recognition of City Policies 20 Article 25 - Taxes 16 – Jury Duty Scheduling 20 Article 26 - Insolvency – Notice of Subcontractor 16 Termination 21 Article 27 - Record Drawings 16 – Employee Representation 21 Article 28 - Severability 16 – Fingerprinting 21 Article 29 - Waivers 16 – Copies of the Agreement 21 Article 30 - Notices – Long Term Disability 21 Appendix A – Salary Table 22 Appendix B – Memorandum of Agreement and Addendum 1 re: New Pension Plan 23 Agency Shop – (Article 18) 16 Bereavement Leave – (Article 31 - Limitations Period 16 8) 9 Copies of the Agreement – (Article 32 - Personal Guaranty by 29) 21 DCAA Communications – (Article 11) 11 DCAA Matters – (Article 17) 15 Direct Deposit – (Article 22) 20 Employee Representation – (Article 27) 21 Employee Rights – (Article 19) 18 Employment Termination Meeting – (Article 15) 14 Fingerprinting – (Article 28) 21 Flexible Benefits Plan – (Article 6) 4 Grievance Procedure – (Article 14) 13 Holidays – (Article 21) 19 Inspection of Employee Personnel File – (Article 16) 15 Jury Duty Scheduling – (Article 25) 20 Long Term Disability – (Article 30) 21 Management Rights – (Article 10) 10 Meet & Confer 1 Mileage and Travel Reimbursement – (Article 9) 9 Notice of Termination – (Article 26) 21 Parties to the Undersigned OfficersAgreement 1 Pension Plan for New Hires on or after July 1, Directors, Shareholders and/or Members 2009 – (Appendix B) 23 Professional Education – (Article 12) 11 Purpose 1 Ratification of Subcontractor 17Agreement – (Article 2) 1 Recognition – (Article 1) 1 Recognition of City Policies – (Article 24) 20 Renegotiation – (Article 4) 2

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

TABLE OF CONTENTS. RECITALS ARTICLE I. DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 3 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 4 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 5 SECTION 2.6. Declaration of Trust 6 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 6 SECTION 2.10. Covenants of the Certificateholder 8 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 10 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 12 SECTION 3.7. Maintenance of Office or Agency 12 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 13 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 14 SECTION 4.3. Restrictions on Certificateholder’s Power. 14 SECTION 4.4. [Reserved] 15 SECTION 4.5. Action with Respect to Bankruptcy Action 15 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 17 SECTION 5.1. General Authority 17 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 18 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 19 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 19 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trusts and Duties 20 SECTION 6.2. Furnishing of Documents 22 SECTION 6.3. Representations and Warranties 22 SECTION 6.4. Reliance; Advice of Counsel 23 SECTION 6.5. Not Acting in Individual Capacity 23 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 24 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 24 SECTION 6.10. FATCA Information 25 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 25 SECTION 6.12. Beneficial Ownership and Control of the Trust 26 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 26 SECTION 7.1. Owner Trustee’s Fees and Expenses 26 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 27 SECTION 7.4. Non-recourse Obligations 27 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 27 SECTION 8.1. Termination of Trust Agreement 27 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 28 SECTION 9.1. Eligibility Requirements for Owner Trustee 28 SECTION 9.2. Resignation or Removal of Owner Trustee 28 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 30 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Amendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 32 SECTION 10.4. Notices 33 SECTION 10.5. Severability 33 SECTION 10.6. Counterparts and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right Consent to Do Subcontractors Work 8 Article 9 - InspectionBusiness Electronically 33 SECTION 10.7. Assignments 33 SECTION 10.8. No Recourse 33 SECTION 10.9. Headings 34 SECTION 10.10. GOVERNING LAW 34 SECTION 10.11. Servicer 34 SECTION 10.12. Nonpetition Covenants 34 SECTION 10.13. Regulation AB 35 SECTION 10.14. Force Majeure 35 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 35 SECTION 11.1. Establishment of Trust Accounts 35 SECTION 11.2. Application of Trust Funds 36 SECTION 11.3. Method of Payment 37 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, Testing and Correction dated as of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - LiensJuly 22, Stop Notices2020, between AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work June 4, 2020, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (AmeriCredit Automobile Receivables Trust 2020-2), Trust Agreement (AmeriCredit Automobile Receivables Trust 2020-2)

TABLE OF CONTENTS. RECITALS DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 3 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 4 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 5 SECTION 2.6. Declaration of Trust 5 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 6 SECTION 2.10. Covenants of the Certificateholder 7 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 9 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 11 SECTION 3.7. Maintenance of Office or Agency 11 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 13 SECTION 4.3. Restrictions on Certificateholder’s Power 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 16 SECTION 5.1. General Authority 16 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 17 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 18 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 19 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trusts and Duties 20 SECTION 6.2. Furnishing of Documents 21 SECTION 6.3. Representations and Warranties 21 SECTION 6.4. Reliance; Advice of Counsel 22 SECTION 6.5. Not Acting in Individual Capacity 23 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 23 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 24 SECTION 6.10. FATCA Information 24 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 24 SECTION 6.12. Beneficial Ownership and Control of Trust 25 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 25 SECTION 7.1. Owner Trustee’s Fees and Expenses 25 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 26 SECTION 7.4. Non-recourse Obligations 26 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 26 SECTION 8.1. Termination of Trust Agreement 26 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 28 SECTION 9.1. Eligibility Requirements for Owner Trustee 28 SECTION 9.2. Resignation or Removal of Owner Trustee 28 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 29 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 29 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – SubmittalsAmendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 32 SECTION 10.4. Notices 32 SECTION 10.5. Severability 32 SECTION 10.6. Separate Counterparts 33 SECTION 10.7. Assignments 33 SECTION 10.8. No Recourse 33 SECTION 10.9. Headings 33 SECTION 10.10. GOVERNING LAW 33 SECTION 10.11. Servicer 33 SECTION 10.12. Nonpetition Covenants 34 SECTION 10.13. Regulation AB 34 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 35 SECTION 11.1. Establishment of Trust Accounts 35 SECTION 11.2. Application of Trust Funds 35 SECTION 11.3. Method of Payment 36 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule dated as of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - InspectionOctober 16, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens2019, Stop Noticesbetween AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work August 29, 2019, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2019-4), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2019-4)

TABLE OF CONTENTS. RECITALS ARTICLE I. DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 3 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 4 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 5 SECTION 2.6. Declaration of Trust 5 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 6 SECTION 2.10. Covenants of the Certificateholder 7 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 9 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 11 SECTION 3.7. Maintenance of Office or Agency 11 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 13 SECTION 4.3. Restrictions on Certificateholder’s Power 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 17 SECTION 5.1. General Authority 17 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 17 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 18 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 19 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trust and Duties 20 SECTION 6.2. Furnishing of Documents 21 SECTION 6.3. Representations and Warranties 22 SECTION 6.4. Reliance; Advice of Counsel 22 SECTION 6.5. Not Acting in Individual Capacity 23 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 23 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 24 SECTION 6.10. FATCA Information 24 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 25 SECTION 6.12. Beneficial Ownership and Control of the Trust 25 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 25 SECTION 7.1. Owner Trustee’s Fees and Expenses 25 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 26 SECTION 7.4. Non-recourse Obligations 26 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 27 SECTION 8.1. Termination of Trust Agreement 27 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 28 SECTION 9.1. Eligibility Requirements for Owner Trustee 28 SECTION 9.2. Resignation or Removal of Owner Trustee 28 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 29 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Amendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 32 SECTION 10.4. Notices 32 SECTION 10.5. Severability 33 SECTION 10.6. Counterparts and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right Consent to Do Subcontractors Work 8 Article 9 - InspectionBusiness Electronically 33 SECTION 10.7. Assignments 33 SECTION 10.8. No Recourse 33 SECTION 10.9. Headings 33 SECTION 10.10. Force Majeure 34 SECTION 10.11. GOVERNING LAW 34 SECTION 10.12. Servicer 34 SECTION 10.13. Nonpetition Covenants 34 SECTION 10.14. Regulation AB 35 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 35 SECTION 11.1. Establishment of Trust Accounts 35 SECTION 11.2. Application of Trust Funds 36 SECTION 11.3. Method of Payment 36 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, Testing and Correction dated as of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - LiensOctober 12, Stop Notices2022, between AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work August 17, 2022, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2022-4), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2022-4)

TABLE OF CONTENTS. RECITALS DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 3 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 4 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 5 SECTION 2.6. Declaration of Trust 5 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 6 SECTION 2.10. Covenants of the Certificateholder 7 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 9 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 11 SECTION 3.7. Maintenance of Office or Agency 11 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 13 SECTION 4.3. Restrictions on Certificateholder’s Power. 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 17 SECTION 5.1. General Authority 17 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 17 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 18 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 19 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trust and Duties 20 SECTION 6.2. Furnishing of Documents 21 SECTION 6.3. Representations and Warranties 22 SECTION 6.4. Reliance; Advice of Counsel 22 SECTION 6.5. Not Acting in Individual Capacity 23 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 23 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 24 SECTION 6.10. FATCA Information 24 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 25 SECTION 6.12. Beneficial Ownership and Control of the Trust 25 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 25 SECTION 7.1. Owner Trustee’s Fees and Expenses 25 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 26 SECTION 7.4. Non-recourse Obligations 26 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 26 SECTION 8.1. Termination of Trust Agreement 26 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 28 SECTION 9.1. Eligibility Requirements for Owner Trustee 28 SECTION 9.2. Resignation or Removal of Owner Trustee 28 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 29 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 29 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Amendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 32 SECTION 10.4. Notices 32 SECTION 10.5. Severability 33 SECTION 10.6. Counterparts and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right Consent to Do Subcontractors Work 8 Article 9 - InspectionBusiness Electronically 33 SECTION 10.7. Assignments 33 SECTION 10.8. No Recourse 33 SECTION 10.9. Headings 33 SECTION 10.10. Force Majeure 33 SECTION 10.11. GOVERNING LAW 34 SECTION 10.12. Servicer 34 SECTION 10.13. Nonpetition Covenants 34 SECTION 10.14. Regulation AB 35 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 35 SECTION 11.1. Establishment of Trust Accounts 35 SECTION 11.2. Application of Trust Funds 36 SECTION 11.3. Method of Payment 36 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, Testing and Correction dated as of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - LiensJanuary 19, Stop Notices2022, between AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work November 17, 2021, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2022-1), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2022-1)

TABLE OF CONTENTS. RECITALS DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 4 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 5 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 6 SECTION 2.6. Declaration of Trust 6 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 7 SECTION 2.10. Covenants of the Certificateholder 8 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 10 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 12 SECTION 3.7. Maintenance of Office or Agency 12 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 14 SECTION 4.3. Restrictions on Certificateholder’s Power 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 17 SECTION 5.1. General Authority 17 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 18 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 19 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 20 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trust and Duties 20 SECTION 6.2. Furnishing of Documents 22 SECTION 6.3. Representations and Warranties 22 SECTION 6.4. Reliance; Advice of Counsel 23 SECTION 6.5. Not Acting in Individual Capacity 24 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 24 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 25 SECTION 6.10. FATCA Information 25 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 25 SECTION 6.12. Beneficial Ownership and Control of the Trust 26 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 26 SECTION 7.1. Owner Trustee’s Fees and Expenses 26 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 27 SECTION 7.4. Non-recourse Obligations 27 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 27 SECTION 8.1. Termination of Trust Agreement 27 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 28 SECTION 9.1. Eligibility Requirements for Owner Trustee 28 SECTION 9.2. Resignation or Removal of Owner Trustee 29 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 30 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Amendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 33 SECTION 10.4. Notices 33 SECTION 10.5. Severability 33 SECTION 10.6. Counterparts and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right Consent to Do Subcontractors Work 8 Article 9 - InspectionBusiness Electronically 33 SECTION 10.7. Assignments 34 SECTION 10.8. No Recourse 34 SECTION 10.9. Headings 34 SECTION 10.10. Force Majeure 34 SECTION 10.11. GOVERNING LAW 34 SECTION 10.12. Servicer 34 SECTION 10.13. Nonpetition Covenants 35 SECTION 10.14. Regulation AB 35 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 36 SECTION 11.1. Establishment of Trust Accounts 36 SECTION 11.2. Application of Trust Funds 36 SECTION 11.3. Method of Payment 37 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, Testing and Correction dated as of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - LiensOctober 11, Stop Notices2023, between AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work August 22, 2023, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee (the “Initial Trust Agreement”).

Appears in 2 contracts

Samples: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2023-4), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2023-4)

TABLE OF CONTENTS. RECITALS 1 Contract Article I DEFINITIONS AND INCORPORATION BY REFERENCE 2 Section 1.1 Definitions 2 Section 1.2 Incorporation by Reference of Trust Indenture Act 2 Section 1.3 Rules of Construction 2 Article II THE NOTES 4 Section 2.1 Form 4 Section 2.2 Execution, Authentication and Delivery 4 Section 2.3 Temporary Notes 5 Section 2.4 Tax Treatment 5 Section 2.5 Registration; Registration of Transfer and Exchange 6 Section 2.6 Mutilated, Destroyed, Lost or Stolen Notes 7 Section 2.7 Persons Deemed Owners 8 Section 2.8 Payments 8 Section 2.9 Cancellation 13 Section 2.10 Release of Collateral 14 Section 2.11 Book-Entry Notes 14 Section 2.12 Notices to Clearing Agency 15 Section 2.13 Definitive Notes 15 Section 2.14 Authenticating Agents 15 Section 2.15 Retained Notes 16 Article III COVENANTS 20 Section 3.1 Payment of Principal and Interest; Determination of SOFR; Benchmark Replacement 20 Section 3.2 Maintenance of Office or Agency 22 Section 3.3 Money for Payments To Be Held in Trust 22 Section 3.4 Existence 23 Section 3.5 Protection of Trust Estate 24 Section 3.6 Opinions as to Trust Estate 24 Section 3.7 Performance of Obligations; Servicing of Receivables 25 Section 3.8 Negative Covenants 27 Section 3.9 Annual Statement as to Compliance 28 Section 3.10 Issuer May Consolidate, etc., Only on Certain Terms 28 Section 3.11 Successor or Transferee 30 Section 3.12 No Other Business 30 Section 3.13 No Borrowing 30 Section 3.14 Servicer’s Obligations 30 Section 3.15 Guarantees, Loans, Advances and Other Liabilities 30 Section 3.16 Capital Expenditures 31 Section 3.17 Restricted Payments 31 Section 3.18 Notice of Events of Default 31 Section 3.19 Removal of Administrator 31 Section 3.20 Further Instruments and Acts 31 Section 3.21 Sales Finance Company Licenses 31 Section 3.22 Representations and Warranties by the Issuer to the Indenture Trustee 31 Article IV SATISFACTION AND DISCHARGE 32 Section 4.1 Satisfaction and Discharge of Indenture 32 Section 4.2 Satisfaction, Discharge and Defeasance of the Notes 33 Section 4.3 Application of Trust Money 34 Section 4.4 Repayment of Monies Held by Paying Agent 34 Article V REMEDIES 34 Section 5.1 Events of Default 34 Section 5.2 Acceleration of Maturity; Rescission and Annulment 35 Section 5.3 Collection of Indebtedness and Suits for Enforcement by Indenture Trustee 36 Section 5.4 Remedies; Priorities 38 Section 5.5 Optional Preservation of the Receivables 41 Section 5.6 Limitation of Suits 42 Section 5.7 Unconditional Rights of Noteholders to Receive Principal and Interest 42 Section 5.8 Restoration of Rights and Remedies 43 Section 5.9 Rights and Remedies Cumulative 43 Section 5.10 Delay or Omission Not a Waiver 43 Section 5.11 Control by Noteholders of the Controlling Class 43 Section 5.12 Waiver of Past Defaults 44 Section 5.13 Undertaking for Costs 44 Section 5.14 Waiver of Stay or Extension Laws 44 Section 5.15 Action on Notes 45 Section 5.16 Performance and Enforcement of Certain Obligations 45 Article VI THE INDENTURE TRUSTEE 46 Section 6.1 Duties of Indenture Trustee 46 Section 6.2 Rights of Indenture Trustee 48 Section 6.3 Individual Rights of Indenture Trustee 49 Section 6.4 Indenture Trustee’s Disclaimer 49 Section 6.5 Notice of Defaults 49 Section 6.6 Reports by Indenture Trustee to Holders 49 Section 6.7 Compensation and Indemnity 50 Section 6.8 Replacement of Indenture Trustee 50 Section 6.9 Successor Indenture Trustee by Xxxxxx 51 Section 6.10 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 52 Section 6.11 Eligibility; Disqualification 53 Section 6.12 Preferential Collection of Claims Against Issuer 54 Section 6.13 Communications Regarding Demands to Purchase Receivables 54 Article VII NOTEHOLDERS’ LISTS AND REPORTS; ASSET REPRESENTATIONS REVIEW 54 Section 7.1 Issuer To Furnish Indenture Trustee Names and Addresses of Noteholders 54 Section 7.2 Preservation of Information; Communications to Noteholders 54 Section 7.3 Reports by Issuer 55 Section 7.4 Reports by Indenture Trustee 55 Section 7.5 Noteholder Communications 55 Section 7.6 Asset Representations Review 56 Article VIII ACCOUNTS, DISBURSEMENTS AND RELEASES 57 Section 8.1 Collection of Money 57 Section 8.2 Trust Accounts 58 Section 8.3 General Provisions Regarding Accounts 58 Section 8.4 Release of Trust Estate 59 Section 8.5 Opinion of Counsel 60 Article IX SUPPLEMENTAL INDENTURES 60 Section 9.1 Supplemental Indentures Without Consent of Noteholders 60 Section 9.2 Supplemental Indentures with Consent of Noteholders 61 Section 9.3 Execution of Supplemental Indentures 63 Section 9.4 Effect of Supplemental Indenture 63 Section 9.5 Conformity with Trust Indenture Act 63 Section 9.6 Reference in Notes to Supplemental Indentures 63 Article X REDEMPTION OF NOTES 63 Section 10.1 Redemption 63 Section 10.2 Form of Redemption Notice 64 Section 10.3 Notes Payable on Redemption Date 64 Article XI MISCELLANEOUS 65 Section 11.1 Compliance Certificates and Opinions, etc. 65 Section 11.2 Form of Documents 1 Subcontract Price 1 Scope Delivered to Indenture Trustee 66 Section 11.3 Acts of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Noteholders 67 Section 11.4 Notices, etc., to Indenture Trustee, Issuer and Third Rating Agencies 67 Section 11.5 Notices to Noteholders; Waiver 69 Section 11.6 Alternate Payment and Notice Provisions 69 Section 11.7 Conflict with Trust Indenture Act 69 Section 11.8 Effect of Headings and Table of Contents 70 Section 11.9 Successors and Assigns 70 Section 11.10 Severability 70 Section 11.11 Benefits of Indenture 70 Section 11.12 Legal Holiday 70 Section 11.13 GOVERNING LAW; SUBMISSION TO JURISDICTION; WAIVER OF RIGHT TO JURY TRIAL 70 Section 11.14 Counterparts and Electronic Signature 71 Section 11.15 Recording of Indenture 71 Section 11.16 Trust Obligation 71 Section 11.17 No Petition 72 Section 11.18 Inspection 72 Section 11.19 Third-Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection Beneficiaries 72 Section 11.20 Limitation on Recourse to CarMax Funding 72 Section 11.21 Legal Fees Associated with Indemnification 73 Section 11.22 Limitation of Work Liability of the Owner Trustee 73 Section 11.23 PATRIOT Act 73 Section 11.24 Beneficial Ownership 74 APPENDIX A Additional Representations and Risk Warranties EXHIBIT A-1 Form of Loss 13 Article 18 - CleanClass A-1 Note EXHIBIT A-2a Form of Class A-2a Note EXHIBIT A-2b Form of Class A-2b Note EXHIBIT A-3 Form of Class A-3 Note EXHIBIT A-4 Form of Class A-4 Note EXHIBIT B Form of Class B Note EXHIBIT C Form of Class C Note EXHIBIT D Form of Class D Note EXHIBIT E Form of Opinion of Counsel EXHIBIT F Form of Transferor Certificate EXHIBIT G Form of Investment Letter INDENTURE, dated as of October 1, 2023 (as amended, supplemented or otherwise modified and in effect from time to time, this “Indenture”), between CARMAX AUTO OWNER TRUST 2023-Up 4, a Delaware statutory trust (the “Issuer”), and Use U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”). Each party agrees as follows for the benefit of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty the other party and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency for the equal and ratable benefit of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty the holders of the Issuer’s 5.279% Class A-1 Asset-backed Notes (the “Class A-1 Notes”), 6.08% Class A-2a Asset-backed Notes (the “Class A-2a Notes”), Class A-2b Floating Rate Asset-backed Notes (the “Class A-2b Notes” and together with the Class A-2a Notes, the “Class A-2 Notes”), 6.00% Class A-3 Asset-backed Notes (the “Class A-3 Notes”), 5.96% Class A-4 Asset-backed Notes (the “Class A-4 Notes” and, collectively with the Class A-1 Notes, the Class A-2 Notes and the Class A-3 Notes, the “Class A Notes”), 6.39% Class B Asset-backed Notes (the “Class B Notes”), 6.58% Class C Asset-backed Notes (the “Class C Notes”) and 7.16% Class D Asset-backed Notes (the “Class D Notes” and, collectively with the Class A Notes, the Class B Notes and the Class C Notes, the “Notes”): The Issuer hereby Grants to the Indenture Trustee on the Closing Date, as Indenture Trustee for the benefit of the Holders of the Notes, all of the Issuer’s right, title and interest in, to and under, whether now owned or existing or hereafter acquired or arising (i) the Receivables; (ii) all amounts received on or in respect of the Receivables after the Cutoff Date; (iii) the security interests in the Financed Vehicles granted by the Undersigned OfficersObligors pursuant to the Receivables and any other interest of the Issuer in such Financed Vehicles; (iv) all proceeds from claims on or refunds of premiums with respect to any physical damage, Directorstheft, Shareholders and/or Members GAP, credit life or credit disability insurance policies relating to the Financed Vehicles or the Obligors; (v) the Receivable Files; (vi) the Collection Account, the Note Payment Account and the Reserve Account and all amounts, securities, financial assets, investments and other property deposited in or credited to any of Subcontractor 17the foregoing and all proceeds thereof; (vii) all rights of the Depositor under the Receivables Purchase Agreement, including the right to require the Seller to repurchase Receivables from the Depositor; (viii) all rights of the Issuer under the Sale and Servicing Agreement, including the right to require the Servicer to purchase Receivables from the Issuer; (ix) the right to realize upon any property (including the right to receive future Liquidation Proceeds) that shall have secured a Receivable and have been repossessed by or on behalf of the Issuer; and (x) all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under and all proceeds of every kind and nature whatsoever in respect of any or all of the foregoing, including all proceeds of the conversion thereof, voluntary or involuntary, into cash or other liquid property; all accounts, general intangibles, chattel paper, instruments, documents, money, investment property, deposit accounts, letters of credit, letter-of-credit rights, insurance proceeds, condemnation awards, rights to payment of any and every kind and other forms of obligations; and all other property which at any time constitutes all or part of or is included in the proceeds of any of the foregoing (collectively, the “Collateral”). The foregoing Grant is made in trust to secure the payment of principal of and interest on, and any other amounts owing in respect of, the Notes, equally and ratably without prejudice, priority or distinction, and to secure compliance with the provisions of this Indenture, all as provided in this Indenture. The Indenture Trustee, as Indenture Trustee on behalf of the Holders of the Notes, acknowledges such Xxxxx, accepts the trusts under this Indenture in accordance with the provisions of this Indenture and agrees to perform its duties required in this Indenture to the best of its ability to the end that the interests of the Holders of the Notes may be adequately and effectively protected.

Appears in 2 contracts

Samples: Indenture (Carmax Auto Funding LLC), Indenture (Carmax Auto Funding LLC)

TABLE OF CONTENTS. RECITALS 1 Contract ARTICLE I DEFINITIONS AND INCORPORATION BY REFERENCE 2 Section 1.1 Definitions 2 Section 1.2 Incorporation by Reference of Trust Indenture Act 2 Section 1.3 Rules of Construction 2 ARTICLE II THE NOTES 4 Section 2.1 Form 4 Section 2.2 Execution, Authentication and Delivery 4 Section 2.3 Temporary Notes 5 Section 2.4 Tax Treatment 5 Section 2.5 Registration; Registration of Transfer and Exchange 6 Section 2.6 Mutilated, Destroyed, Lost or Stolen Notes 7 Section 2.7 Persons Deemed Owners 8 Section 2.8 Payments 8 Section 2.9 Cancellation 13 Section 2.10 Release of Collateral 14 Section 2.11 Book-Entry Notes 14 Section 2.12 Notices to Clearing Agency 15 Section 2.13 Definitive Notes 15 Section 2.14 Authenticating Agents 15 Section 2.15 Retained Notes 16 ARTICLE III COVENANTS 20 Section 3.1 Payment of Principal and Interest; Determination of SOFR; Benchmark Replacement 20 Section 3.2 Maintenance of Office or Agency 22 Section 3.3 Money for Payments To Be Held in Trust 22 Section 3.4 Existence 23 Section 3.5 Protection of Trust Estate 24 Section 3.6 Opinions as to Trust Estate 24 Section 3.7 Performance of Obligations; Servicing of Receivables 25 Section 3.8 Negative Covenants 27 Section 3.9 Annual Statement as to Compliance 28 Section 3.10 Issuer May Consolidate, etc., Only on Certain Terms 28 Section 3.11 Successor or Transferee 30 Section 3.12 No Other Business 30 Section 3.13 No Borrowing 30 Section 3.14 Servicer’s Obligations 30 Section 3.15 Guarantees, Loans, Advances and Other Liabilities 30 Section 3.16 Capital Expenditures 31 Section 3.17 Restricted Payments 31 Section 3.18 Notice of Events of Default 31 Section 3.19 Removal of Administrator 31 Section 3.20 Further Instruments and Acts 31 Section 3.21 Sales Finance Company Licenses 31 Section 3.22 Representations and Warranties by the Issuer to the Indenture Trustee 31 ARTICLE IV SATISFACTION AND DISCHARGE 32 Section 4.1 Satisfaction and Discharge of Indenture 32 Section 4.2 Satisfaction, Discharge and Defeasance of the Notes 33 Section 4.3 Application of Trust Money 34 Section 4.4 Repayment of Monies Held by Paying Agent 34 ARTICLE V REMEDIES 34 Section 5.1 Events of Default 34 Section 5.2 Acceleration of Maturity; Rescission and Annulment 35 Section 5.3 Collection of Indebtedness and Suits for Enforcement by Indenture Trustee 36 Section 5.4 Remedies; Priorities. 38 Section 5.5 Optional Preservation of the Receivables 41 Section 5.6 Limitation of Suits 42 Section 5.7 Unconditional Rights of Noteholders to Receive Principal and Interest 42 Section 5.8 Restoration of Rights and Remedies 43 Section 5.9 Rights and Remedies Cumulative 43 Section 5.10 Delay or Omission Not a Waiver 43 Section 5.11 Control by Noteholders of the Controlling Class 43 Section 5.12 Waiver of Past Defaults 44 Section 5.13 Undertaking for Costs 44 Section 5.14 Waiver of Stay or Extension Laws 44 Section 5.15 Action on Notes 45 Section 5.16 Performance and Enforcement of Certain Obligations 45 ARTICLE VI THE INDENTURE TRUSTEE 46 Section 6.1 Duties of Indenture Trustee 46 Section 6.2 Rights of Indenture Trustee 48 Section 6.3 Individual Rights of Indenture Trustee 49 Section 6.4 Indenture Trustee’s Disclaimer 49 Section 6.5 Notice of Defaults 49 Section 6.6 Reports by Indenture Trustee to Holders 49 Section 6.7 Compensation and Indemnity 50 Section 6.8 Replacement of Indenture Trustee 50 Section 6.9 Successor Indenture Trustee by Xxxxxx 51 Section 6.10 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 52 Section 6.11 Eligibility; Disqualification 53 Section 6.12 Preferential Collection of Claims Against Issuer 54 Section 6.13 Communications Regarding Demands to Purchase Receivables 54 ARTICLE VII NOTEHOLDERS’ LISTS AND REPORTS; ASSET REPRESENTATIONS REVIEW 54 Section 7.1 Issuer To Furnish Indenture Trustee Names and Addresses of Noteholders 54 Section 7.2 Preservation of Information; Communications to Noteholders 54 Section 7.3 Reports by Issuer 55 Section 7.4 Reports by Indenture Trustee 55 Section 7.5 Noteholder Communications 55 Section 7.6 Asset Representations Review 56 ARTICLE VIII ACCOUNTS, DISBURSEMENTS AND RELEASES 57 Section 8.1 Collection of Money 57 Section 8.2 Trust Accounts 58 Section 8.3 General Provisions Regarding Accounts 58 Section 8.4 Release of Trust Estate 59 Section 8.5 Opinion of Counsel 60 ARTICLE IX SUPPLEMENTAL INDENTURES 60 Section 9.1 Supplemental Indentures Without Consent of Noteholders 60 Section 9.2 Supplemental Indentures with Consent of Noteholders 61 Section 9.3 Execution of Supplemental Indentures 63 Section 9.4 Effect of Supplemental Indenture 63 Section 9.5 Conformity with Trust Indenture Act 63 Section 9.6 Reference in Notes to Supplemental Indentures 63 ARTICLE X REDEMPTION OF NOTES 63 Section 10.1 Redemption 63 Section 10.2 Form of Redemption Notice 64 Section 10.3 Notes Payable on Redemption Date 64 ARTICLE XI MISCELLANEOUS 65 Section 11.1 Compliance Certificates and Opinions, etc 65 Section 11.2 Form of Documents 1 Subcontract Price 1 Scope Delivered to Indenture Trustee 66 Section 11.3 Acts of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Noteholders 67 Section 11.4 Notices, etc., to Indenture Trustee, Issuer and Third Rating Agencies 68 Section 11.5 Notices to Noteholders; Waiver 69 Section 11.6 Alternate Payment and Notice Provisions 69 Section 11.7 Conflict with Trust Indenture Act 69 Section 11.8 Effect of Headings and Table of Contents 70 Section 11.9 Successors and Assigns 70 Section 11.10 Severability 70 Section 11.11 Benefits of Indenture 70 Section 11.12 Legal Holiday 70 Section 11.13 GOVERNING LAW; SUBMISSION TO JURISDICTION; WAIVER OF RIGHT TO JURY TRIAL 70 Section 11.14 Counterparts and Electronic Signature 71 Section 11.15 Recording of Indenture 71 Section 11.16 Trust Obligation 71 Section 11.17 No Petition 72 Section 11.18 Inspection 72 Section 11.19 Third-Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Beneficiaries 72

Appears in 2 contracts

Samples: Indenture (CarMax Auto Owner Trust 2024-4), Indenture (Carmax Auto Funding LLC)

TABLE OF CONTENTS. RECITALS 1 Contract Article I DEFINITIONS AND INCORPORATION BY REFERENCE 2 Section 1.1 Definitions 2 Section 1.2 Incorporation by Reference of Trust Indenture Act 2 Section 1.3 Rules of Construction 2 Article II THE NOTES 3 Section 2.1 Form 3 Section 2.2 Execution, Authentication and Delivery 4 Section 2.3 Temporary Notes 5 Section 2.4 Tax Treatment 5 Section 2.5 Registration; Registration of Transfer and Exchange 6 Section 2.6 Mutilated, Destroyed, Lost or Stolen Notes 7 Section 2.7 Persons Deemed Owners 8 Section 2.8 Payments 8 Section 2.9 Cancellation 13 Section 2.10 Release of Collateral 14 Section 2.11 Book-Entry Notes 14 Section 2.12 Notices to Clearing Agency 15 Section 2.13 Definitive Notes 15 Section 2.14 Authenticating Agents 15 Section 2.15 Retained Notes 16 Article III COVENANTS 20 Section 3.1 Payment of Principal and Interest; Determination of SOFR; Benchmark Replacement 20 Section 3.2 Maintenance of Office or Agency 22 Section 3.3 Money for Payments To Be Held in Trust 22 Section 3.4 Existence 23 Section 3.5 Protection of Trust Estate 24 Section 3.6 Opinions as to Trust Estate 24 Section 3.7 Performance of Obligations; Servicing of Receivables 25 Section 3.8 Negative Covenants 27 Section 3.9 Annual Statement as to Compliance 28 Section 3.10 Issuer May Consolidate, etc., Only on Certain Terms 28 Section 3.11 Successor or Transferee 30 Section 3.12 No Other Business 30 Section 3.13 No Borrowing 30 Section 3.14 Servicer’s Obligations 30 Section 3.15 Guarantees, Loans, Advances and Other Liabilities 30 Section 3.16 Capital Expenditures 31 Section 3.17 Restricted Payments 31 Section 3.18 Notice of Events of Default 31 Section 3.19 Removal of Administrator 31 Section 3.20 Further Instruments and Acts 31 Section 3.21 Sales Finance Company Licenses 31 Section 3.22 Representations and Warranties by the Issuer to the Indenture Trustee 31 Article IV SATISFACTION AND DISCHARGE 32 Section 4.1 Satisfaction and Discharge of Indenture 32 Section 4.2 Satisfaction, Discharge and Defeasance of the Notes 33 Section 4.3 Application of Trust Money 34 Section 4.4 Repayment of Monies Held by Paying Agent 34 Article V REMEDIES 34 Section 5.1 Events of Default 34 Section 5.2 Acceleration of Maturity; Rescission and Annulment 35 Section 5.3 Collection of Indebtedness and Suits for Enforcement by Indenture Trustee 36 Section 5.4 Remedies; Priorities 38 Section 5.5 Optional Preservation of the Receivables 41 Section 5.6 Limitation of Suits 42 Section 5.7 Unconditional Rights of Noteholders to Receive Principal and Interest 42 Section 5.8 Restoration of Rights and Remedies 43 Section 5.9 Rights and Remedies Cumulative 43 Section 5.10 Delay or Omission Not a Waiver 43 Section 5.11 Control by Noteholders of the Controlling Class 43 Section 5.12 Waiver of Past Defaults 44 Section 5.13 Undertaking for Costs 44 Section 5.14 Waiver of Stay or Extension Laws 44 Section 5.15 Action on Notes 45 Section 5.16 Performance and Enforcement of Certain Obligations 45 Article VI THE INDENTURE TRUSTEE 46 Section 6.1 Duties of Indenture Trustee 46 Section 6.2 Rights of Indenture Trustee 48 Section 6.3 Individual Rights of Indenture Trustee 49 Section 6.4 Indenture Trustee’s Disclaimer 49 Section 6.5 Notice of Defaults 49 Section 6.6 Reports by Indenture Trustee to Holders 49 Section 6.7 Compensation and Indemnity 50 Section 6.8 Replacement of Indenture Trustee 50 Section 6.9 Successor Indenture Trustee by Xxxxxx 51 Section 6.10 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 52 Section 6.11 Eligibility; Disqualification 53 Section 6.12 Preferential Collection of Claims Against Issuer 54 Section 6.13 Communications Regarding Demands to Purchase Receivables 54 Article VII NOTEHOLDERS’ LISTS AND REPORTS; ASSET REPRESENTATIONS REVIEW 54 Section 7.1 Issuer To Furnish Indenture Trustee Names and Addresses of Noteholders 54 Section 7.2 Preservation of Information; Communications to Noteholders 54 Section 7.3 Reports by Issuer 55 Section 7.4 Reports by Indenture Trustee 55 Section 7.5 Noteholder Communications 55 Section 7.6 Asset Representations Review 56 Article VIII ACCOUNTS, DISBURSEMENTS AND RELEASES 57 Section 8.1 Collection of Money 57 Section 8.2 Trust Accounts 58 Section 8.3 General Provisions Regarding Accounts 58 Section 8.4 Release of Trust Estate 59 Section 8.5 Opinion of Counsel 60 Article IX SUPPLEMENTAL INDENTURES 60 Section 9.1 Supplemental Indentures Without Consent of Noteholders 60 Section 9.2 Supplemental Indentures with Consent of Noteholders 61 Section 9.3 Execution of Supplemental Indentures 63 Section 9.4 Effect of Supplemental Indenture 63 Section 9.5 Conformity with Trust Indenture Act 63 Section 9.6 Reference in Notes to Supplemental Indentures 63 Article X REDEMPTION OF NOTES 63 Section 10.1 Redemption 63 Section 10.2 Form of Redemption Notice 64 Section 10.3 Notes Payable on Redemption Date 64 Article XI MISCELLANEOUS 65 Section 11.1 Compliance Certificates and Opinions, etc 65 Section 11.2 Form of Documents 1 Subcontract Price 1 Scope Delivered to Indenture Trustee 66 Section 11.3 Acts of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Noteholders 67 Section 11.4 Notices, etc., to Indenture Trustee, Issuer and Third Rating Agencies 68 Section 11.5 Notices to Noteholders; Waiver 69 Section 11.6 Alternate Payment and Notice Provisions 69 Section 11.7 Conflict with Trust Indenture Act 69 Section 11.8 Effect of Headings and Table of Contents 70 Section 11.9 Successors and Assigns 70 Section 11.10 Severability 70 Section 11.11 Benefits of Indenture 70 Section 11.12 Legal Holiday 70 Section 11.13 GOVERNING LAW; SUBMISSION TO JURISDICTION; WAIVER OF RIGHT TO JURY TRIAL 70 Section 11.14 Counterparts and Electronic Signature 71 Section 11.15 Recording of Indenture 71 Section 11.16 Trust Obligation 71 Section 11.17 No Petition 72 Section 11.18 Inspection 72 Section 11.19 Third-Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection Beneficiaries 72 Section 11.20 Limitation on Recourse to CarMax Funding 72 Section 11.21 Legal Fees Associated with Indemnification 73 Section 11.22 Limitation of Work Liability of the Owner Trustee 73 Section 11.23 PATRIOT Act 73 Section 11.24 Beneficial Ownership 73 APPENDIX A Additional Representations and Risk Warranties EXHIBIT A-1 Form of Loss 13 Article 18 - CleanClass A-1 Note EXHIBIT A-2a Form of Class A-2a Note EXHIBIT A-2b Form of Class A-2b Note EXHIBIT A-3 Form of Class A-3 Note EXHIBIT A-4 Form of Class A-4 Note EXHIBIT B Form of Class B Note EXHIBIT C Form of Class C Note EXHIBIT D Form of Class D Note EXHIBIT E Form of Opinion of Counsel EXHIBIT F Form of Transferor Certificate EXHIBIT G Form of Investment Letter INDENTURE, dated as of July 1, 2023 (as amended, supplemented or otherwise modified and in effect from time to time, this “Indenture”), between CARMAX AUTO OWNER TRUST 2023-Up 3, a Delaware statutory trust (the “Issuer”), and Use WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”). Each party agrees as follows for the benefit of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty the other party and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency for the equal and ratable benefit of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty the holders of the Issuer’s 5.631% Class A-1 Asset-backed Notes (the “Class A-1 Notes”), 5.72% Class A-2a Asset-backed Notes (the “Class A-2a Notes”), Class A-2b Floating Rate Asset-backed Notes (the “Class A-2b Notes” and together with the Class A-2a Notes, the “Class A-2 Notes”), 5.28% Class A-3 Asset-backed Notes (the “Class A-3 Notes”), 5.26% Class A-4 Asset-backed Notes (the “Class A-4 Notes” and, collectively with the Class A-1 Notes, the Class A-2 Notes and the Class A-3 Notes, the “Class A Notes”), 5.47% Class B Asset-backed Notes (the “Class B Notes”), 5.61% Class C Asset-backed Notes (the “Class C Notes”) and 6.44% Class D Asset-backed Notes (the “Class D Notes” and, collectively with the Class A Notes, the Class B Notes and the Class C Notes, the “Notes”): The Issuer hereby Grants to the Indenture Trustee on the Closing Date, as Indenture Trustee for the benefit of the Holders of the Notes, all of the Issuer’s right, title and interest in, to and under, whether now owned or existing or hereafter acquired or arising (i) the Receivables; (ii) all amounts received on or in respect of the Receivables after the Cutoff Date; (iii) the security interests in the Financed Vehicles granted by the Undersigned OfficersObligors pursuant to the Receivables and any other interest of the Issuer in such Financed Vehicles; (iv) all proceeds from claims on or refunds of premiums with respect to any physical damage, Directorstheft, Shareholders and/or Members GAP, credit life or credit disability insurance policies relating to the Financed Vehicles or the Obligors; (v) the Receivable Files; (vi) the Collection Account, the Note Payment Account and the Reserve Account and all amounts, securities, financial assets, investments and other property deposited in or credited to any of Subcontractor 17the foregoing and all proceeds thereof; (vii) all rights of the Depositor under the Receivables Purchase Agreement, including the right to require the Seller to repurchase Receivables from the Depositor; (viii) all rights of the Issuer under the Sale and Servicing Agreement, including the right to require the Servicer to purchase Receivables from the Issuer; (ix) the right to realize upon any property (including the right to receive future Liquidation Proceeds) that shall have secured a Receivable and have been repossessed by or on behalf of the Issuer; and (x) all present and future claims, demands, causes of action and choses in action in respect of any or all of the foregoing and all payments on or under and all proceeds of every kind and nature whatsoever in respect of any or all of the foregoing, including all proceeds of the conversion thereof, voluntary or involuntary, into cash or other liquid property; all accounts, general intangibles, chattel paper, instruments, documents, money, investment property, deposit accounts, letters of credit, letter-of-credit rights, insurance proceeds, condemnation awards, rights to payment of any and every kind and other forms of obligations; and all other property which at any time constitutes all or part of or is included in the proceeds of any of the foregoing (collectively, the “Collateral”). The foregoing Grant is made in trust to secure the payment of principal of and interest on, and any other amounts owing in respect of, the Notes, equally and ratably without prejudice, priority or distinction, and to secure compliance with the provisions of this Indenture, all as provided in this Indenture. The Indenture Trustee, as Indenture Trustee on behalf of the Holders of the Notes, acknowledges such Xxxxx, accepts the trusts under this Indenture in accordance with the provisions of this Indenture and agrees to perform its duties required in this Indenture to the best of its ability to the end that the interests of the Holders of the Notes may be adequately and effectively protected.

Appears in 2 contracts

Samples: Indenture (CarMax Auto Owner Trust 2023-3), Indenture (CarMax Auto Owner Trust 2023-3)

TABLE OF CONTENTS. RECITALS 1 Contract Documents 1 Subcontract Price 1 Scope of Work 1 TERMS AND CONDITIONS ARTICLE I THE OFFER 2 Section 1.1 The Offer 2 Section 1.2 Company Actions 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - CleanSection 1.3 Top-Up Option 6 Section 1.4 Stockholder Meeting 7 Section 1.5 Offer Documents; Schedule 13E-3; Schedule 14D9; Proxy Statement 8 Section 1.6 Transfer of Five Star Note to Parent or Purchaser; Conversion of Five Star Note. 8 ARTICLE II THE MERGER 9 Section 2.1 The Merger 9 Section 2.2 Closing 9 Section 2.3 Effective Time 9 Section 2.4 Effects of the Merger 9 Section 2.5 Certificate of Incorporation and Use By-laws of Site the Surviving Corporation 9 Section 2.6 Directors and Officers of the Surviving Corporation 9 Section 2.7 Conversion of Securities 10 Section 2.8 Exchange of Certificates 10 Section 2.9 Appraisal Rights 13 Article 19 - Superintendent/Foreperson Section 2.10 Company Equity Awards 13 Section 2.11 Rule 16b-3 14 Article ARTICLE III REPRESENTATIONS AND WARRANTIES OF THE COMPANY 14 Section 3.1 Organization, Standing and Corporate Power 14 Section 3.2 Capitalization 15 Section 3.3 Authority; Noncontravention; Voting Requirements 16 Section 3.4 Governmental Approvals 18 Section 3.5 Company SEC Documents; Undisclosed Liabilities 18 Section 3.6 Absence of Certain Changes or Events 20 - Warranty Section 3.7 Legal Proceedings 20 Section 3.8 Compliance With Laws; Permits 20 Section 3.9 Information Supplied 21 Section 3.10 Tax Matters 22 Section 3.11 Opinion of Financial Advisor 22 Section 3.12 Brokers and Correction Period 14 Article 21 - Assignment 14 Article Other Advisors 22 - Prevailing Wage Requirements 14 Article Section 3.13 State Takeover Statutes 23 - Surety Bonds 15 Article ARTICLE IV REPRESENTATIONS AND WARRANTIES OF PURCHASER 23 Section 4.1 Organization 23 Section 4.2 Authority; Noncontravention 23 Section 4.3 Government Approvals 24 - Claim Certification & False Claims Liability 15 Article Section 4.4 Information Supplied 25 - Taxes 16 Article 26 - Insolvency Section 4.5 Ownership and Operations of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Purchaser 25 Section 4.6 Financing 25 Section 4.7 Legal Proceedings 25 Section 4.8 Material Non-Public Information 26

Appears in 2 contracts

Samples: Tender Offer and Merger Agreement (National Patent Development Corp), Tender Offer and Merger Agreement (Five Star Products Inc)

TABLE OF CONTENTS. RECITALS DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 3 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 4 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 5 SECTION 2.6. Declaration of Trust 6 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 6 SECTION 2.10. Covenants of the Certificateholder 8 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 10 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 11 SECTION 3.7. Maintenance of Office or Agency 12 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 14 SECTION 4.3. Restrictions on Certificateholder’s Power 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 17 SECTION 5.1. General Authority 17 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 17 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 18 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 19 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trusts and Duties 20 SECTION 6.2. Furnishing of Documents 21 SECTION 6.3. Representations and Warranties 22 SECTION 6.4. Reliance; Advice of Counsel 22 SECTION 6.5. Not Acting in Individual Capacity 23 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 23 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 24 SECTION 6.10. FATCA Information 24 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 25 SECTION 6.12. Beneficial Ownership and Control of Trust 25 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 25 SECTION 7.1. Owner Trustee’s Fees and Expenses 25 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 26 SECTION 7.4. Non-recourse Obligations 26 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 27 SECTION 8.1. Termination of Trust Agreement 27 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 28 SECTION 9.1. Eligibility Requirements for Owner Trustee 28 SECTION 9.2. Resignation or Removal of Owner Trustee 28 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 29 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – SubmittalsAmendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 32 SECTION 10.4. Notices 32 SECTION 10.5. Severability 33 SECTION 10.6. Separate Counterparts 33 SECTION 10.7. Assignments 33 SECTION 10.8. No Recourse 33 SECTION 10.9. Headings 33 SECTION 10.10. GOVERNING LAW 33 SECTION 10.11. Servicer 34 SECTION 10.12. Nonpetition Covenants 34 SECTION 10.13. Regulation AB 34 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 35 SECTION 11.1. Establishment of Trust Accounts 35 SECTION 11.2. Application of Trust Funds 35 SECTION 11.3. Method of Payment 36 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule dated as of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - InspectionJune 12, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens2019, Stop Noticesbetween AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work April 17, 2019, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (AmeriCredit Automobile Receivables Trust 2019-2), Trust Agreement (AmeriCredit Automobile Receivables Trust 2019-2)

TABLE OF CONTENTS. RECITALS DEFINITIONS 1 Contract SECTION 1.1. Capitalized Terms 1 SECTION 1.2. Other Definitional Provisions 3 ARTICLE II. ORGANIZATION 4 SECTION 2.1. Name 4 SECTION 2.2. Office 4 SECTION 2.3. Purposes and Powers 4 SECTION 2.4. Appointment of Owner Trustee 5 SECTION 2.5. Initial Capital Contribution of Trust Estate 5 SECTION 2.6. Declaration of Trust 6 SECTION 2.7. Title to Trust Property 6 SECTION 2.8. Situs of Trust 6 SECTION 2.9. Representations and Warranties of the Depositor 6 SECTION 2.10. Covenants of the Certificateholder 8 SECTION 2.11. Federal Income Tax Treatment of the Trust 8 ARTICLE III. CERTIFICATE AND TRANSFER OF INTEREST 9 SECTION 3.1. Initial Ownership 9 SECTION 3.2. The Certificate 9 SECTION 3.3. Authentication of Certificate 9 SECTION 3.4. Registration of Transfer and Exchange of Certificate 10 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates 11 SECTION 3.6. Persons Deemed Certificateholders 11 SECTION 3.7. Maintenance of Office or Agency 12 SECTION 3.8. Disposition in Whole But Not in Part 12 SECTION 3.9. ERISA Restrictions 12 SECTION 3.10. Appointment of Certificate Paying Agent 12 ARTICLE IV. VOTING RIGHTS AND OTHER ACTIONS 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 14 SECTION 4.3. Restrictions on Certificateholder’s Power 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 17 SECTION 5.1. General Authority 17 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 17 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 18 SECTION 5.5. No Action Except under Specified Documents 1 Subcontract Price 1 Scope or Instructions 19 SECTION 5.6. Restrictions 19 SECTION 5.7. Covenants for Reporting of Work 1 TERMS Repurchase Demands due to Breaches of Representations and Warranties 19 ARTICLE VI. CONCERNING THE OWNER TRUSTEE 20 SECTION 6.1. Acceptance of Trusts and Duties 20 SECTION 6.2. Furnishing of Documents 21 SECTION 6.3. Representations and Warranties 22 SECTION 6.4. Reliance; Advice of Counsel 22 SECTION 6.5. Not Acting in Individual Capacity 23 SECTION 6.6. Owner Trustee Not Liable for Certificate or Receivables 23 SECTION 6.7. Owner Trustee May Own Notes 24 SECTION 6.8. Payments from Owner Trust Estate 24 SECTION 6.9. Doing Business in Other Jurisdictions 24 SECTION 6.10. FATCA Information 24 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence 25 SECTION 6.12. Beneficial Ownership and Control of Trust 25 ARTICLE VII. COMPENSATION OF OWNER TRUSTEE 25 SECTION 7.1. Owner Trustee’s Fees and Expenses 25 SECTION 7.2. Indemnification 26 SECTION 7.3. Payments to the Owner Trustee 26 SECTION 7.4. Non-recourse Obligations 26 ARTICLE VIII. TERMINATION OF TRUST AGREEMENT 27 SECTION 8.1. Termination of Trust Agreement 27 ARTICLE IX. SUCCESSOR OWNER TRUSTEES AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation ADDITIONAL OWNER TRUSTEES 28 SECTION 9.1. Eligibility Requirements for Owner Trustee 28 SECTION 9.2. Resignation or Removal of Owner Trustee 28 SECTION 9.3. Successor Owner Trustee 29 SECTION 9.4. Merger or Consolidation of Owner Trustee 29 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee 30 ARTICLE X. MISCELLANEOUS 31 SECTION 10.1. Supplements and Representations by Subcontractor 4 Article 4 – SubmittalsAmendments 31 SECTION 10.2. No Legal Title to Owner Trust Estate in Certificateholder 32 SECTION 10.3. Limitations on Rights of Others 32 SECTION 10.4. Notices 32 SECTION 10.5. Severability 33 SECTION 10.6. Separate Counterparts 33 SECTION 10.7. Assignments 33 SECTION 10.8. No Recourse 33 SECTION 10.9. Headings 33 SECTION 10.10. GOVERNING LAW 33 SECTION 10.11. Servicer 34 SECTION 10.12. Nonpetition Covenants 34 SECTION 10.13. Regulation AB 34 ARTICLE XI. APPLICATION OF TRUST FUNDS; CERTAIN DUTIES 35 SECTION 11.1. Establishment of Trust Accounts 35 SECTION 11.2. Application of Trust Funds 35 SECTION 11.3. Method of Payment 36 Exhibit A Form of Certificate Exhibit B Form of Certificate of Trust Exhibit C Form of Notice of Repurchase Request This AMENDED AND RESTATED TRUST AGREEMENT, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule dated as of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - InspectionMarch 13, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens2019, Stop Noticesbetween AFS SENSUB CORP., a Nevada corporation, as depositor (the “Seller”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection WILMINGTON TRUST COMPANY, a Delaware trust company, as Owner Trustee, amends and restates in its entirety that certain Trust Agreement, dated as of Work January 23, 2019, between the Seller and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (AmeriCredit Automobile Receivables Trust 2019-1), Trust Agreement (AmeriCredit Automobile Receivables Trust 2019-1)

TABLE OF CONTENTS. RECITALS Agreement 1 Contract Documents Purpose of Agreement 1 Subcontract Price 1 Article I – Scope of the Agreement 2 Article II – Recognition and Union Security 3 Section 1: Bargaining Unit 3 Section 2: Dues Deduction 21 Section 3: Bulletin Boards 22 Section 4: Personnel Transactions 24 Section 5: Union Activity. 25 Section 6: Union Conventions, Educational Classes and Bargaining Unit Conferences 25 Section 7: Printing of Agreement 28 Section 8: Attendance at Local Union Meetings, Monthly Xxxxxxx Meetings, or Monthly Local Union Executive Board Meetings 28 Section 9: Telephone, Email and Fax Use 29 Section 10: Mail Service 30 Section 11: Visitations 30 Section 12: Executive Board of Council 24 31 Section 13: Loss of Benefits 31 Section 14: Local Union Orientation 32 Section 15: Utilization of Technologies 33 Article III – Management Rights 34 Article IV – Grievance Procedure 35 Section 1: Definition 35 Section 2: Grievance Steps. 36 Section 3: Arbitration Panel Procedures 38 Section 4: Special Arbitration Procedures 40 Section 5: Retroactivity 43 Section 6: Pay Status of Arbitration Witnesses 43 Section 7: Exclusive Procedure 43 Section 8: Number of Representatives and Jurisdictions 44 Section 9: Union Grievances 45 Section 10: Processing Grievances 45 Section 11: Discipline 47 Section 12: Exclusion of Probationary Employees 49 Section 13: Concentrated Performance Evaluation 49 Article V - Seniority 51 Section 1: General 51 Section 2: Seniority Information 51 Article VI – Hours of Work 53 Section 1: Standard 53 Section 2: Scheduling 53 Section 3: Overtime. 55 Section 4: Compensatory Time 58 Section 5: Scheduling of Compensatory Time Credits 59 Section 6: Access to Work Locations 59 Section 7: Travel 59 Section 8: Meetings 60 Section 9: Alternative Work Sites 60 Section 10: Rest Periods 60 Section 11: Wash-up Time 60 Section 12: Meal Periods 60 Section 13: Call-Back Time 60 Section 14: Calls at Home 61 Section 15: Elected Officials Attending Meetings 61 Section 16: Court Appearances 62 Section 17: Alternative Work Patterns 62 Section 18: Telecommuting 63 Section 19: Telephone Related Conceptual Agreements 63 Article VII - Transfers 64 Section 0: Waiver 64 Section 1: Transfer Within Employing Units 64 Section 2: Additional Procedures 65 Section 3: Secondary Selection Procedures 66 Section 4: Definition of Permanent Vacancy 67 Section 5: Limitations 68 Section 6: Priority of Transfer Rights 69 Section 7: Interviews 69 Section 8: Job Orientation and Training 70 Section 9: Institution Closing 70 Article VIII – Layoff Procedure 71 Section 1: Application of Layoff 71 Section 2: General Layoff Procedures 71 Section 3: Notice of Layoff 72 Section 4: Reduction in Hours 73 Section 5: Employee Options Upon Notification of Layoff 73 Section 6: Restoration 75 Section 7: A Reasonable Offer 76 Section 8: Reinstatement 77 Section 9: For Informational Purposes 77 Section 10: Agency Statewide Employing Unit Layoffs 77 Section 11: Priority of Article VII and Article VIII Rights 78 Section 12: Definition of Permanent Vacancy 79 Section 13: Relocation Expenses 79 Section 14: Layoff Benefits 80 Section 15: Layoff Assistance 80 Article IX – Health and Safety 82 Section 0: Assignments 82 Section 1: First Aid Equipment and Training 82 Section 2: Tools and Equipment 83 Section 3: Transportation of Tools 83 Section 4: Protective Clothing 84 Section 5: Confidentiality of Records 84 Section 6: Buildings 84 Section 7: Medical Examination 84 Section 8: Job-related Exposure to Disease 84 Section 9: Motor Vehicles 85 Section 10: Foot Protection 86 Section 11: Safety Inspection 87 Section 12: Compliance Limitation 87 Section 13: Department of Commerce 87 Section 14: Joint Committee on Health and Safety 87 Section 15: Data Sheets 93 Section 16: Joint Health and Safety Committee Report on Ergonomics 93 Section 17: Computer Display Eye Examinations 93 Section 18: Safety Eyewear 94 Section 19: Weather Related Considerations 94 Section 20: Violence in the Workplace 95 Article X – Hearing Officer 96 Article XI - Miscellaneous 97 Section 1: Discrimination 97 Section 2: Union-Management Meetings 99 Section 3: Union-Management Meetings - Statewide 105 Section 4: Local Negotiations 105 Section 5: Notice of Promotional Exams 105 Section 6: Uniforms 106 Section 7: Damaged Personal Property 106 Section 8: Work Rules 107 Section 9: Inclement Weather 107 Section 10: Distribution of Pay Checks 109 Section 11: Commercial Drivers Licenses and School Bus Endorsements (CDL/SBE) 109 Section 12: Advisory Training Committee 110 Section 13: Training and Education 111 Section 14: Professional Development for Social Services Xxxx 000 Xxxxxxx 00: Personnel Files 115 Section 16 Contracting Out 115 Section 17: Liability Protection 117 Section 18: P.E.O.P.L.E. Deductions 117 Section 19: Affirmative Action 117 Section 20: Blood Donations 118 Section 21: Employing Unit Designations 118 Section 22: Employee Assistance 118 Section 23: Child Care 119 Section 24: Employees’ Organizational Activities for Professional Social Services Xxxx 000 Xxxxxxx 00: Whistleblower 120 Section 26: Committees 120 Section 27: Arrest/Conviction Record 120 Section 28: Nurse Aide Registration 120 Article XII - Wages 122 Section 1: Wage Adjustments 122 Section 2: Pay Progression 142 Section 3: Recruitment Rates 159 Section 4: Pay Period 159 Section 5: Shift Differential 159 Section 6: Standby/On Call 159 Section 7: Flight Pay 160 Section 8: Add-ons 160 Section 9: Administrative Date For Pay Adjustments 165 Section 10: Periodic Classification/Pay Range Assignment Meetings 165 Section 11: Pay Administration 166 Article XIII – Employee Benefits 171 Section 1: Health Insurance 171 Section 2: Life Insurance 172 Section 3: Dental Insurance 172 Section 4: Income Continuation Insurance 172 Section 5: Sick Leave 173 Section 6: Paid Annual Leave of Absence (Vacation) 179 Section 7: Leave for Promotional Exams 185 Section 8: Leaves of Absence Without Pay 186 Section 9: Holidays 187 Section 10: Military Service 190 Section 11: Jury Duty and Witness Status 194 Section 12: Voting Time 194 Section 13: Retirement 195 Section 14: Meals While on Duty 195 Section 15: Hazardous Employment Status 196 Section 16: Administration of Worker’s Compensation Benefits 200 Section 17: Hostage Leave 201 Section 18: Catastrophic Leave 201 Section 19: Employee Funded Reimbursement Account 204 Section 20: Critical Incidents 204 Section 21: Specialized Disaster Relief Services 204 Article XIV – No Strike or Lockout 205 Section 1: General 205 Section 2: Dispute Resolution 206 Article XV - General 207 Section 1: Obligation to Bargain 207 Section 2: Partial Invalidity 207 Section 3: Definition of Probationary Employee 208 Section 4: Definition of Appointing Authority 208 Section 5: Definition of Seasonal Employment 208 Section 6: Definition of Operational Need 208 Section 7: Termination of Agreement 208 Section 8: Negotiations of Future Agreements 209 Article XVI - Travel 210 Section 1: Definitions 210 Section 2: Travel Reimbursement 210 Section 3: Lodging 213 Section 4: Miscellaneous Travel Expenses 214 Section 5: Use of State Vehicles 215 Negotiating Note No. 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article – Rest Breaks 216 Negotiating Note No. 2 - Owners Representative 4 Article – Rest Breaks ULP 216 Negotiating Note No. 3 – Investigation Rest Breaks for Correctional Officers and Representations by Subcontractor 4 Article Youth Counselors 216 Negotiating Note No. 4 – SubmittalsFLSA Coverage 217 Negotiating Note No. 5 – Agreement Regarding Overtime for Department of Natural Resources Technical and Blue Collar Employees and Security and Public Safety Employees Classified as Ranger 217 Negotiating Note No. 6 – Special Negotiations for Selected Classes Included in the Security and Public Safety Bargaining Unit In the Department of Natural Resources 218 Negotiating Note No. 6A – Special Negotiations for Selected Classes Included in the Security and Public Safety Bargaining Unit In the Department of Natural Resources 220 Negotiating Note No. 7 – Training Assistance to Developmentally Disabled Center Employees 222 Negotiating Note No. 8 – Performance Evaluations 223 Negotiating Note No. 9 – Overtime for Fire Crash Rescue Specialist Classification 224 Negotiating Note No. 10 – Time Reporting Records-Blue Collar Xxxx. 000 Xxxxxxxxxxx Xxxx Xx. 00 – Duties Outside of Position Description 224 Negotiating Note No. 12 – Annual Leave Schedule-Fire Crash Rescue 224 Negotiating Note No. 13 – Dress and Grooming Code-DOC 225 Negotiating Note No. 14 – Raised Minimum Rates (RMRs) and Hiring Above the Minimum (HAM) 225 Negotiating Note No. 15 – Passing of Medication 226 Negotiating Note No. 16 – DOT - DMV Pay Status 226 Negotiating Note No. 17 – Add-On Pilot Program 226 Negotiating Note No. 18 – PSS Xxxxxxx Activities 227 Negotiating Note No. 19 – Probation\Parole Agent Transfer 227 Negotiating Note No. 20 – Probation and Parole Agents (C), O & M’s Social Worker Correction (C), and Warranty Information Offender Classification Specialists (B) Permissive Transfers 228 Negotiating Note No. 21 – PSS Overtime Compensation for Probation and Parole Agents 228 Negotiating Note No. 22 – TECH - AALAS Certification for UW Madison Animal Research Technicians 229 Negotiating Note No. 23 – DHFS Clinical Social Workers 229 Negotiating Note No. 24 – Distribution of Medication in DHFS/MMHI and DVA/Union Grove 230 Negotiating Note No. 25 – Reimbursement of Within Headquarters City Meals for Conservation Warden Field Training Xxxxxxxx 000 Xxxxxxxxxx xx Xxxxxxxxxxxxx Xx. 0 – Joint Committee on Sick Leave Use 232 Memorandum of Understanding No. 2 – Method to Improve Communications between Regional Managerial Staff and Probation/Parole Agents 232 Memorandum of Understanding No. 3 – Correctional Sergeant and Youth Counselor Advanced Demotion 232 Memorandum of Understanding No. 4 Article – Direct Deposit of Payroll Checks 233 Memorandum of Understanding No. 5 - Payment Procedures and Conditions 5 Article – Layoff 233 Memorandum of Understanding No. 6 - Time Department of Corrections – Probation and Schedule Parole Agent Case Loads 234 Memorandum of Understanding No. 7 – Probation and Parole Agents Work 6 Article 7 - Delays & Impacts 7 Article Schedules 235 Memorandum of Understanding No. 8 - Contractors Right to Do Subcontractors Work 8 Article – PSS Beepers 236 Memorandum of Understanding No. 9 - Inspection, Testing – DOC Probation and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Parole Agents- Use of Site Beepers/Pagers During Off Duty Hours 236 Memorandum of Understanding No. 10 – Joint Independent Medical Examiners. 237 Memorandum of Understanding No. 11 – Alternative Work Patterns 238 Memorandum of Understanding No. 12 – Pay Rate for Select Voluntary Demotions-Department of Agriculture, Trade and Consumer Protection 238 Memorandum of Understanding No. 13 Article – Injured Workers Re-Employment 239 Memorandum of Understanding No. 14 – Security and Public Safety Unit (SPS)-Transfers 240 Memorandum of Understanding No. 15 – Transfer in Event of Closing of Youth Center 240 Memorandum of Understanding No. 16 –SPS - Wrongful Orders. 241 Memorandum of Understanding No. 17 – Machinist Apprenticeship 242 Memorandum of Understanding No. 18 – Agreement Between AFSCME Council 24, WSEU and the Department of Natural Resources 242 Memorandum of Understanding No. 19 - Superintendent– Agreement Between AFSCME Council 24, WSEU and the Department of Natural Resources 243 Memorandum of Understanding No. 20 – Experiential Recreation Specialists and Youth Counselors 243 Memorandum of Understanding No. 21 – Labor-Management Cooperation 244 Memorandum of Understanding No. 22 – Apprenticeship Programs 245 Memorandum of Understanding No. 23 – Black Belts and Dress Shoes-DOC and DHFS 245 Memorandum of Understanding No. 24 – Email Lists 245 Memorandum of Understanding No. 25 – Contracting Out Procurements under Ch. 16, Wisc. Stats. 245 Memorandum of Understanding No. 26 – Act 33 246 Memorandum of Understanding No. 27 – Restoration from Layoff 247 Memorandum of Understanding No. 28 – Correctional Sergeant Promotion (SPS) 247 Memorandum of Understanding No. 29 – PSS DOC Beepers 248 Memorandum of Understanding No. 30 – Regional Labor/Foreperson 14 Article 20 - Warranty Management Meetings-ASU Staff in the Division of Community Corrections 249 Memorandum of Understanding No. 31 – Special Notice on Postings 249 Memorandum of Understanding No. 32 – TECH Unit Plumbing Specialty Add-on 249 Memorandum of Understanding No. 33 – Fire Duty Readiness Payment for DNR Foresry Technicians 250 APPENDIX 1 – Administrative Support Pay Schedule 251 APPENDIX 1 – Blue Collar & Non-Building Trades Seniority Based Transaction Grid 252 APPENDIX 1 – Security & Public Safety Pay Schedule 253 APPENDIX 1 – Technical Pay Schedule 254 APPENDIX 1 –Professional Social Services Pay Schedule 255 APPENDIX 2 – Administrative Support Unit Pay Schedule 256 APPENDIX 2 – Blue Collar & Non-Building Trades Seniority Based Transaction Grid 257 APPENDIX 2 – Security & Public Safety Pay Schedule 258 APPENDIX 2 – Technical Pay Schedule 259 APPENDIX 2 –Professional Social Services Pay Schedule 260 APPENDIX 3 – Structure 1: SPS – Pay Ranges 05-31 & 05-32 261 APPENDIX 3 – Structure 3: Pay Grid 6-25 Technical Bargaining Unit (Pilots) 268 APPENDIX 3 – Structure 4 271 APPENDIX 3 – Structure 5: Technical (RCT) Pay Structure 279 APPENDIX 3 – Structure 5: Technical (RCT) Pay Structure 280 APPENDIX 3 – Structure 5: Technical (RCT) Pay Structure 282 APPENDIX 3 – Structure 6: Professional Social Services (P&P Agents A, B, C; Social Worker Corrections A, B, C; Corrections Program Specialist Obj; and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification Classification Specialist A & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency B) Pay Structure 284 APPENDIX 4 – Administrative Support Unit Pay Schedule 290 APPENDIX 4 – Blue Collar & Non-Building Trades Seniority Based Transaction Grid 291 APPENDIX 4 – Security & Public Safety Pay Schedule 292 APPENDIX 4 – Technical Pay Schedule 293 APPENDIX 4 – Professional Social Services Pay Schedule 294 APPENDIX 5 – Personnel Transaction Pay Adjustments 295 APPENDIX 6 – Supplemental Health Insurance Conversion Credits Upon Retirement 300 APPENDIX 7 – Pay Administration for select classifications 301 APPENDIX 8 – Counterpart Pay Range Designations 311 APPENDIX 9 – Action on 2005-2007 Negotiating Notes 312 APPENDIX 10 – Action on 2005-2007 Memoradna of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Understanding 314 Management Bargaining Team 315 Union Bargaining Team 318 Index 320

Appears in 1 contract

Samples: Collective Bargaining Agreement

TABLE OF CONTENTS. RECITALS ARTICLE I DEFINITIONS 1 Contract Documents 1 Subcontract ARTICLE II PURCHASE AND SALE 8 Section 2.01 Purchase and Sale of Assets 8 Section 2.02 Excluded Assets 9 Section 2.03 Assumed Liabilities 10 Section 2.04 Excluded Liabilities 10 Section 2.05 Purchase Price 1 Scope 10 Section 2.06 Reserved 11 Section 2.07 Non-Assignable Assets 11 Section 2.08 Earn-Out Consideration 12 ARTICLE III CLOSING 12 Section 3.01 Closing 13 Section 3.02 Closing Deliverables 13 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF SELLER 14 Section 4.01 Organization and Authority of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation and Representations by Subcontractor 4 Article 4 – SubmittalsSeller 14 Section 4.02 No Conflicts; Consents 14 Section 4.03 Financial Statements 14 Section 4.04 Absence of Certain Changes, O & M’s and Warranty Information 4 Article 5 - Payment Procedures Events and Conditions 5 Article 6 - Time 15 Section 4.05 Assigned Contracts 15 Section 4.06 Title to Tangible Personal Property 15 Section 4.07 Ownership and Schedule Sufficiency of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing Assets 15 Section 4.08 Intentionally Left Blank 15 Section 4.09 Intellectual Property 15 Section 4.10 Legal Proceedings; Governmental Orders 16 Section 4.11 Compliance with Laws; Permits 16 Section 4.12 Employee Benefit Programs 16 Section 4.13 Labor and Correction Employment Matters 18 Section 4.14 [Intentionally Left Blank] 19 Section 4.15 Insurance 19 Section 4.16 Related Party Transactions 20 Section 4.17 Material Customers: Material Suppliers 20 Section 4.18 Taxes and Tax Returns 20 Section 4.19 No Undisclosed Liabilities 21 Section 4.20 Material Contracts 21 Section 4.21 Books and Records 22 Section 4.22 Brokers 22 Section 4.23 No Other Representations and Warranties 22 ARTICLE V REPRESENTATIONS AND WARRANTIES OF BUYER 23 Section 5.01 Organization and Authority of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection Buyer 23 Section 5.02 No Conflicts; Consents 23 Section 5.03 Solvency; Sufficiency of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article Funds 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Section 5.04 Legal Proceedings 23 Section 5.05 SEC Filings 23 Section 5.06 Brokers 24

Appears in 1 contract

Samples: Asset Purchase Agreement (Recruiter.com Group, Inc.)

TABLE OF CONTENTS. RECITALS (This Table of Contents convenience of reference only for the Loan Agreement is for and is not intended to define, limit or describe the scope or intent of any provisions of this Loan Agreement.) Article Section Heading Page --------------- ------- ---- ARTICLE ONE PREAMBLES, DEFINITIONS AND ACCOUNTING TERMS 1 Contract Section 1.01 Incorporation of Preambles 1 Section 1.02 Definitions 1 Section 1.03 Accounting Terms 7 Section 1.04 General Terms 7 ARTICLE TWO THE LOAN 8 Section 2.01 The Loan 7 Section 2.02 Intentionally Omitted 8 Section 2.03 Intentionally Omitted 8 Section 2.04 The Note 8 Section 2.05 Intentionally Omitted 8 Section 2.06 Prepayment 8 Section 2.07 Calculation of Interest; Usury Savings Clause 8 Section 2.08 Place and Manner of Payment 9 Section 2.09 Bank's Right of Set-Off 9 Section 2.10 Application of Payments 9 Section 2.11 Intentionally Omitted 9 Section 2.12 Late Charges 9 ARTICLE THREE CONDITIONS TO EFFECTIVENESS OF THIS AGREEMENT AND LENDING HEREUNDER 10 Section 3.01 Representations and Warranties 10 Section 3.02 No Default 10 Section 3.03 Loan Documents 1 Subcontract Price 1 Scope 10 Section 3.04 Opinion of Work 1 TERMS Borrower's and Guarantor's Counsel 10 Section 3.05 Supporting Documents 10 Section 3.06 Proceedings 11 Section 3.07 Lessor Subordination Agreements 11 Section 3.08 Payment of Fees and Disbursements of Bank's Counsel 11 Section 3.09 Pre-Funding Audit 11 ARTICLE FOUR REPRESENTATIONS AND CONDITIONS 4 Article 1 - WARRANTIES 11 Section 4.01 Organization, Corporate Powers, etc. 11 Section 4.02 Authorization of Loans, etc. 11 Section 4.03 Consents and Approvals 12 Section 4.04 Financial Statements 12 Section 4.05 Tax Returns and Payments 12 Section 4.06 Agreements 12 Section 4.07 No Actions Pending 13 Section 4.08 Title to Properties and Assets, Liens, etc. 13 Section 4.09 Litigation, Etc. 13 Section 4.10 Patents, Trademarks, Franchises, Etc. 13 Section 4.11 ERISA 14 Section 4.12 Outstanding Debt 14 Section 4.13 Places of Business 14 Section 4.14 Priority of Security Interest 14 Section 4.15 Subsidiaries 14 Section 4.16 Collateral to Secure all Obligations 14 Section 4.17 Environmental Matters 14 Section 4.18 Regulation G, Etc. 14 Section 4.19 Holding Company Status 15 Section 4.20 Investment Company Status 15 Section 4.21 Intentionally Omitted 15 Section 4.22 False or Misleading Statements 15 Section 4.23 Bank's Rights to Sell Collateral Following Event of Default 15 Section 4.24 FDA, other Regulatory Bodies 15 ARTICLE FIVE COVENANTS 15 Section 5.01 Affirmative Covenants 15 Section 5.02 Negative Covenants 20 ARTICLE SIX EVENTS OF DEFAULT 22 Section 6.01 Events of Default 22 ARTICLE SEVEN RIGHTS UPON DEFAULT 24 Section 7.01 Acceleration 25 Section 7.02 Right of Setoff 25 Section 7.03 Other Rights 25 Section 7.04 Uniform Commercial Code 25 ARTICLE EIGHT MISCELLANEOUS 25 Section 8.01 No Waiver, Cumulative Remedies 25 Section 8.02 Amendments, Etc. 25 Section 8.03 Addresses for Notices, Etc. 25 Section 8.04 Applicable Law and Courts 26 Section 8.05 Waiver of Jury Trial 26 Section 8.06 Survival of Representations and Warranties 26 Section 8.07 Time of the Essence 27 Section 8.08 Headings 27 Section 8.09 Severability 27 Section 8.10 Counterparts 27 Section 8.11 Non-Waiver 27 Section 8.12 Further Assurances 27 Section 8.13 Costs and Expenses 27 Section 8.14 Indemnification regarding Environmental Matters 28 Section 8.15 No Third Party Beneficiaries 28 Section 8.16 Construction of Loan Documents 28 Section 8.17 Collateral to Secure all Loans 28 Section 8.18 Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation 28 Section 8.19 Successors and Representations by Subcontractor 4 Article 4 – SubmittalsAssigns 28 Section 8.20 Relief from Automatic Stay 28 SIGNATURES AND SEALS 29 LIST OF EXHIBITS ---------------- EXHIBIT A Permitted Debt EXHIBIT B Places of Business EXHIBIT C Employee Plans EXHIBIT D Permitted Security Interests LOAN AGREEMENT THIS LOAN AGREEMENT (this "Agreement"), O & M’s dated March , 2000 between GALAXY FOODS COMPANY, a Delaware corporation (hereinafter referred to as the "Borrower") and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right SOUTHTRUST BANK, a national banking association (hereinafter referred to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by as the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17"Bank").

Appears in 1 contract

Samples: Term Loan Agreement (Galaxy Foods Co)

TABLE OF CONTENTS. RECITALS 1 Contract Documents 1 Subcontract Price 1 Scope SECTION 1. Escrow Agent 2 Section 1.01. Appointment of Work 1 TERMS AND CONDITIONS Escrow Agent 2 Section 1.02. Instruction; Etc. 2 Section 1.03. Initial Escrow Amount; Issuance of Escrow Receipts 3 Section 1.04. Payments to Receiptholders 3 Section 1.05. Mutilated, Destroyed, Lost or Stolen Escrow Receipt 4 Article 1 - Section 1.06. Additional Escrow Amounts 4 Section 1.07. Resignation or Removal of Escrow Agent 4 Section 1.08. Persons Deemed Owners 5 Section 1.09. Further Assurances 5 SECTION 2. Paying Agent 5 Section 2.01. Appointment of Paying Agent 5 Section 2.02. Establishment of Paying Agent Account 6 Section 2.03. Payments from Paying Agent Account 6 Section 2.04. Withholding Taxes 7 Section 2.05. Resignation or Removal of Paying Agent 7 Section 2.06. Notice of Final Withdrawal 7 SECTION 3. Payments 8 SECTION 4. Other Actions 8 SECTION 5. Representations and Warranties of the Escrow Agent 8 SECTION 6. Representations and Warranties of the Paying Agent 9 SECTION 7. Indemnification 10 SECTION 8. Amendment, Etc. 11 SECTION 9. Notices 11 SECTION 10. Transfer 12 SECTION 11. Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule 12 SECTION 12. Governing Law 12 SECTION 13. Waiver of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Jury Trial Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance SECTION 14. Counterparts 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Exhibit A Escrow Receipt Exhibit B Withdrawal Certificate

Appears in 1 contract

Samples: Escrow and Paying Agent Agreement (Continental Airlines Inc /De/)

TABLE OF CONTENTS. RECITALS CONTRACT FORMAT INDEXING SYSTEM vi ARTICLE 1 Contract Documents – PARTIES TO THE AGREEMENT 1 Subcontract Price 1 Scope of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article ARTICLE 2 - Owners Representative 4 Article – RECOGNITION 2 ARTICLE 3 – Investigation TERM OF AGREEMENT 4 Section 1. Effective Date. 4 Section 2. Notice to Negotiate 4 Section 3. Commencing Negotiations 4 Section 4. Scheduling Negotiations 4 Section 5. Mediation and Representations by Subcontractor Binding Arbitration. 4 Article Section 6. Agreement Extension. 4 Section 7. Reopening of Agreement 5 Section 8. Process to Open Agreement During Term 5 ARTICLE 4 – Submittals, O & M’s COMPLETE AGREEMENT 6 ARTICLE 5 – SEPARABILITY 7 ARTICLE 6 – NO STRIKE/NO LOCKOUT 8 ARTICLE 7 – UNION RIGHTS 9 Section 1. Centralized State Payment System 9 Section 2. Bulletin Boards 9 Section 3. Union Presentations at Trainings 9 Section 4. Homecare and Warranty Personal Support Worker New Member Orientation. 9 Section 5. Employer Indemnity 9 Section 6. Service Period and Deductions 10 Section 7. List of Representatives 10 Section 8. List and Information. 10 Section 9. New Provider List Information 4 Article 5 - 11 Section 10. Dues Deduction. 11 Section 11. Associated Costs 12 Section 12. Other Deductions 12 Section 13. Service Period and Deductions 13 Section 14. Personal Support Workers in the Independent Choices Program (ICP) 13 Section 15. Paycheck Remittance Advice. 13 ARTICLE 8 – PAYROLL/VOUCHER SYSTEMS 14 Section 1. Properly Completed Voucher or Timesheet 14 Section 2. Voucher Submission Timelines 15 Section 3. For PSWs Paid Through a Fiscal Intermediary 15 Section 4. Voucher Payment Procedures Processing Timelines 16 Section 5. Timely and Conditions 5 Article 6 - Time Accurate Pay 18 Section 6. Payroll Transition for HCWs/PSWs 19 Section 7. Voucher Issuance Timelines 20 Section 8. Direct Deposit Options 20 Section 9. Termination of Employment 20 Section 10. Voucher Date Stamp Process 21 Section 11. HCW/PSW Credentials 21 ARTICLE 9 – NO DISCRIMINATION 23 Section 1. No Discrimination. 23 Section 2. Consumer Rights 23 ARTICLE 10 – OREGON HOME CARE COMMISSION REGISTRY (Registry) 24 Section 1. Inclusion in the Registry 24 Section 2. Definitions 24 Section 3. Available for Referral 25 Section 4. Online Referral Authorization 25 Section 5. Seeking Employment 26 Section 6. Registry Referrals and Schedule Consumer Choice 26 Section 7. Personal Information – Credential Information Quarterly Review 26 Section 8. Unavailability for Referral in the Registry due to DHS/OHA Oregon Administrative Rule (OARs). Employment Status in one of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17State Provider Database Systems. 27

Appears in 1 contract

Samples: Collective Bargaining Agreement

TABLE OF CONTENTS. RECITALS CHAPTER 1 Contract Documents PREFACE 1 Subcontract Price 1 Scope of Work 1 TERMS AND CONDITIONS 4 CHAPTER 2 DEFINITIONS 2 Article 1 - Entire Agreement 4 Definitions 2 CHAPTER 3 GENERAL INFORMATION OF THE COMPANY 3 Article 2 - Owners Representative 4 Company Name and Legal Address 3 Article 3 – Investigation and Representations by Subcontractor Organization of the Company 4 Article 4 – SubmittalsSubsidiaries and Affiliates 4 CHAPTER 4 PURPOSE, O & M’s and Warranty Information SCALE OF THE COMPANY AND BUSINESS SCOPE 4 Article 5 - Payment Procedures Purpose and Conditions Scale of the Company 4 Article 6 Business Scope 4 CHAPTER 5 OBLIGATIONS OF BOTH PARTIES 5 Article 6 - Time and Schedule 7 Obligations of Work 6 Article 7 - Delays & Impacts 7 Both Parties 5 Article 8 - Contractors Right to Do Subcontractors Work Preparation Period 7 CHAPTER 6 REGISTERED CAPITAL 8 Article 9 - Inspection, Testing Total Investment and Correction of Work Registered Capital 8 Article 10 - Changes Capital Contribution, Method and Term 8 Article 11 - Safety Capital Verification 9 Article 12 - Termination Shareholding Ratio 9 Article 13 - Liens, Stop Notices, Capital Contribution Certificate and Third Party Payment Claims 11 Rights 9 Article 14 - Dispute Resolution 11 Equity Transfer 10 Article 15 - Indemnity Capital Increase and Capital Reduction of Registered Capital 11 Article 16 - Insurance Corporate Loans and Other Funds 11 CHAPTER 7 BOARD OF DIRECTORS 11 Article 17 Establishment of the Board of Directors 11 Article 18 Composition of the Board 11 Article 19 Term of Directors 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Chairman 12 Article 21 - Assignment 14 Board Meeting 12 Article 22 - Prevailing Wage Requirements 14 Terms of Reference of the Board of Directors 13 CHAPTER 8 SUPERVISORS 16 Article 23 - Surety Bonds 15 Appointment of Supervisors 16 Article 24 - Claim Certification & False Claims Liability 15 Powers of Supervisors 16 CHAPTER 9 OPERATIONS AND MANAGEMENT ORGANIZATION 17 Article 25 - Taxes 16 Nomination, appointment and term of office of managers 17 Article 26 - Insolvency of Subcontractor 16 Management Committee 17 Article 27 - Record Drawings 16 Responsibility and Organization of Management 17 Article 28 - Severability 16 Replacement of Management 17 CHAPTER 10 R&D AND TECHNICAL SUPPORT 18 Article 29 - Waivers 16 R&D Department 18 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17R&D Products 18

Appears in 1 contract

Samples: Joint Venture Contract (China Automotive Systems Inc)

TABLE OF CONTENTS. RECITALS (This Table of Contents is not part of this Loan Agreement and is for convenience of reference only) PREAMBLE 1 Contract Documents 1 Subcontract Price 1 Scope of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article ARTICLE I DEFINITIONS 2 - Owners Representative 4 Article ARTICLE II REPRESENTATIONS 3 – Investigation and Section 2.01. Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Authority 3 Section 2.02. Representations and Warranty Information 4 Article 5 - Warranties by Corporation 3 ARTICLE III ISSUANCE OF BONDS 6 Section 3.01. Issuance of Bonds and Application of Proceeds 6 Section 3.02. Security for Bonds 6 Section 3.03. Investment of Funds; Arbitrage; Tax Regulatory Agreement 7 Section 3.04. Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article Bonds 7 - Delays & Impacts 7 Article Section 3.05. Official Statement 8 - Contractors Section 3.06. Right of Bond Trustee to Do Subcontractors Work Enforce this Loan Agreement 8 Article ARTICLE IV OPERATION OF PRIOR PROJECT 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Section 4.01. Use of Site Prior Project 9 Section 4.02. Rates and Charges 9 Section 4.03. Insurance 9 Section 4.04. Maintenance and Repair 9 Section 4.05. Compliance with Laws; Environmental Laws 10 Section 4.06. Effecting Changes in Prior Project 10 ARTICLE V COLLECTION AND APPLICATION OF REVENUES 10 Section 5.01. Collection of Revenues 10 Section 5.02. TIF Revenues; TIF Revenue Fund 11 Section 5.03. Metro Revenues; Metro Revenue Fund 11 Section 5.04. Arena Revenues; Arena Revenue Fund 11 Section 5.05. Operation and Maintenance Account 12 Section 5.06. Renovation and Replacement Fund 12 Section 5.07. Excess Net Cash Flow Fund 13 Article 19 - Superintendent/Foreperson Section 5.08. Deposit and Investment of Operation and Maintenance Account 13 ARTICLE VI PAYMENTS UNDER LOAN AGREEMENT 13 Section 6.01. General Covenant 13 Section 6.02. Credits on Payments 14 Article 20 - Warranty and Correction Period Section 6.03. Redemption of Bonds; Payment of Additional Moneys Not Constituting Arena Revenues 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds Section 6.04. Directions regarding Optional Redemptions 15 Article 24 - Claim Certification & False Claims Liability Section 6.05. Effect of Partial Payment 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Section 6.06. Principal Schedules 15 Section 6.07. Additional Payments 15 Section 6.08. Corporation’s Obligations Unconditional 16

Appears in 1 contract

Samples: Loan Agreement

TABLE OF CONTENTS. RECITALS ARTICLE I. - DEFINITIONS 1 Contract Section 1.1. Definitions 1 Section 1.2. General; References to Times 26 ARTICLE II. - CREDIT FACILITY 27 Section 2.1. Loans 27 Section 2.2. Letters of Credit 28 Section 2.3. Rates and Payment of Interest on Loans 32 Section 2.4. Number of Interest Periods 33 Section 2.5. Repayment of Loans 33 Section 2.6. Prepayments 33 Section 2.7. Continuation 33 Section 2.8. Conversion 34 Section 2.9. Notes 34 Section 2.10. Voluntary Reductions of the Commitment 35 Section 2.11. Expiration or Maturity Date of Letters of Credit Past Termination Date 35 Section 2.12. Amount Limitations 35 Section 2.13. Joint and Several Liability 35 Section 2.14. The Increased Loan Amount 37 Section 2.15. Borrower Representative 39 Section 2.16. Extension of Termination Date 39 ARTICLE III. - PAYMENTS, FEES AND OTHER GENERAL PROVISIONS 40 Section 3.1. Payments 40 Section 3.2. Pro Rata Treatment 40 Section 3.3. Sharing of Payments, Etc. 41 Section 3.4. Several Obligations 41 Section 3.5. Minimum Amounts 41 Section 3.6. Fees 42 Section 3.7. Computations 43 Section 3.8. Usury 43 Section 3.9. Agreement Regarding Interest and Charges 43 Section 3.10. Statements of Account 43 Section 3.11. Defaulting Lenders 44 Section 3.12. Taxes 45 ARTICLE IV. - YIELD PROTECTION, ETC. 47 Section 4.1. Additional Costs; Capital Adequacy 47 Section 4.2. Suspension of LIBOR Loans 48 Section 4.3. Illegality 49 Section 4.4. Compensation 49 Section 4.5. Affected Lenders 49 Section 4.6. Treatment of Affected Loans 50 Section 4.7. Change of Lending Office 50 Section 4.8. Assumptions Concerning Funding of LIBOR Loans 51 ARTICLE V. - CONDITIONS PRECEDENT 51 Section 5.1. Initial Conditions Precedent 51 Section 5.2. Conditions Precedent to All Loans and Letters of Credit 53 ARTICLE VI. - REPRESENTATIONS AND WARRANTIES 53 Section 6.1. Representations and Warranties 53 Section 6.2. Survival of Representations and Warranties, Etc. 59 ARTICLE VII. - AFFIRMATIVE COVENANTS 60 Section 7.1. Preservation of Existence and Similar Matters 60 Section 7.2. Compliance with Applicable Law and Material Contracts 60 Section 7.3. Maintenance of Property 60 Section 7.4. Conduct of Business 61 Section 7.5. Insurance 61 Section 7.6. Payment of Taxes and Claims 61 Section 7.7. Visits and Inspections 61 Section 7.8. Use of Proceeds; Letters of Credit 62 Section 7.9. Environmental Matters 62 Section 7.10. Books and Records 62 Section 7.11. Further Assurances 63 Section 7.12. Replacement or Addition of Unencumbered Properties 63 Section 7.13. Removal of Unencumbered Property 64 Section 7.14. REIT Status 65 Section 7.15. Exchange Listing 65 Section 7.16. Distributions of Income to EPR 65 Section 7.17. Failure of Certain Unencumbered Assets Representations and Warranties 65 Section 7.18. Property 65 ARTICLE VIII. - INFORMATION 67 Section 8.1. Financial Statements, Certificates and Information 67 Section 8.2. Other Information 69 ARTICLE IX. - NEGATIVE COVENANTS 70 Section 9.1. Financial Covenants 71 Section 9.2. Distributions 72 Section 9.3. Indebtedness 72 Section 9.4. Permitted Investments 74 Section 9.5. ERISA Exemptions 75 Section 9.6. Liens 76 Section 9.7. Merger, Consolidation, Sales of Assets and Other Arrangements 76 Section 9.8. Fiscal Year 76 Section 9.9. Modifications to Material Contracts 76 Section 9.10. Modifications of Organizational Documents 1 Subcontract Price 1 Scope 76 Section 9.11. Transactions with Affiliates 77 ARTICLE X. - DEFAULT 77 Section 10.1. Events of Work 1 TERMS AND CONDITIONS 4 Article 1 Default 77 Section 10.2. Limitation of Cure Periods 80 Section 10.3. Remedies Upon Default 81 Section 10.4. Allocation of Proceeds 82 Section 10.5. Collateral Account 83 Section 10.6. Performance by Agent 83 Section 10.7. Rights Cumulative 84 ARTICLE XI. - THE AGENT 84 Section 11.1. Authorization and Action 84 Section 11.2. Agent’s Reliance, Etc. 85 Section 11.3. Notice of Defaults 85 Section 11.4. KeyBank as Lender 86 Section 11.5. Approvals of Lenders 86 Section 11.6. Lender Credit Decision, Etc. 86 Section 11.7. Indemnification of Agent 87 Section 11.8. Successor Agent 88 Section 11.9. Titled Agents 88 ARTICLE XII. - MISCELLANEOUS 89 Section 12.1. Notices 89 Section 12.2. Expenses 90 Section 12.3. Setoff 91 Section 12.4. Litigation; Jurisdiction; Other Matters; Waivers 91 Section 12.5. Successors and Assigns 92 Section 12.6. Amendments 94 Section 12.7. Nonliability of Agent and Lenders 96 Section 12.8. Confidentiality 96 Section 12.9. Indemnification 97 Section 12.10. Termination; Survival 99 Section 12.11. Severability of Provisions 99 Section 12.12. GOVERNING LAW 100 Section 12.13. Patriot Act 100 Section 12.14. Counterparts 100 Section 12.15. Obligations with Respect to Borrowers 100 Section 12.16. Limitation of Liability 100 Section 12.17. Entire Agreement 4 Article 100 Section 12.18. Construction 101 SCHEDULE 1.1(A) Initial Subsidiary Borrowers SCHEDULE 1.1(B) Initial Eligible Real Estate SCHEDULE 2 - Owners Representative 4 Article 3 – Investigation Eligible Real Estate Qualification Documents SCHEDULE 6.1.(b) Ownership Structure SCHEDULE 6.1.(f) Title to Properties; Liens SCHEDULE 6.1.(g) Indebtedness and Representations Guaranties SCHEDULE 6.1.(h) Material Contracts SCHEDULE 6.1.(i) Litigation EXHIBIT A Form of Assignment and Assumption Agreement EXHIBIT B Form of Notice of Borrowing EXHIBIT C Form of Notice of Continuation EXHIBIT D Form of Notice of Conversion EXHIBIT E Form of Note EXHIBIT F Form of Compliance Certificate EXHIBIT G Form of Availability Certificate EXHIBIT H Form of Joinder Agreement THIS AMENDED AND RESTATED CREDIT AGREEMENT (this “Agreement”) dated as of October 13, 2011 by Subcontractor 4 Article 4 – Submittalsand among ENTERTAINMENT PROPERTIES TRUST, O & M’s a Maryland real estate investment trust (“EPR”), the Subsidiary Borrowers (as defined herein), the Lenders (as defined herein) and Warranty Information 4 Article 5 - Payment Procedures KEYBANK, NATIONAL ASSOCIATION, as administrative agent (“Keybank” and/or the “Agent”), XX XXXXXX XXXXX BANK, N.A. and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - InspectionRBC CAPITAL MARKETS CORPORATION, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Noticesas co-syndication agents (the “Syndication Agents”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection each of Work KEYBANC CAPITAL MARKETS, LLC, X.X. XXXXXX SECURITIES, INC. and Risk RBC CAPITAL MARKETS CORPORATION, as joint lead arrangers and joint book runners (each as “Arrangers”), and each of Loss 13 Article 18 - Clean-Up the financial institutions initially a signatory hereto together with their assignees pursuant to Section 12.5.(d). EPR and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty the Subsidiary Borrowers are each referred to herein as a “Borrower” and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by are collectively referred to herein as the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17“Borrowers.”

Appears in 1 contract

Samples: Credit Agreement (Entertainment Properties Trust)

TABLE OF CONTENTS. RECITALS Article 1 Contract Documents Definitions 1 Subcontract Price 1 Scope Article 2 Master Agreement and Statement of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Section 2.1 Master Agreement 4 Article 2 - Owners Representative Section 2.2 Interpretation and Precedence 4 Article 3 – Investigation General Scope of Services 4 Section 3.1 Support and Representations Maintenance Services 4 Section 3.2 System Performance and Service Levels 4 Section 3.3 Types of Services Covered by Subcontractor 4 this Agreement 5 Section 3.4 Staffing Levels 5 Section 3.5 Contractor Employees Assigned to SA Account 5 Section 3.6 Customer Implementation Projects 5 Section 3.7 Development of Enhancements 5 Article 4 – Submittals, O & M’s and Warranty Information 4 Joint Responsibilities 6 Section 4.1 Obligations 6 Section 4.2 Coordination 6 Article 5 - Payment Procedures Term and Conditions 5 Termination 6 Section 5.1 Term 6 Subsection 5.1.1 Default by SA 6 Subsection 5.1.2 Termination for Convenience 7 Section 5.2 Post-Termination Assistance 7 Section 5.3 Effect of Termination 7 Section 5.4 Contractor Software License 7 Article 6 - Time Compensation and Schedule of Work 6 Invoicing 8 Section 6.1 Service Fees 8 Section 6.2 Expenses 8 Section 6.3 Invoices 8 Section 6.4 Adjustments for Failure to Achieve Service Levels 9 Article 7 - Delays & Impacts 7 Limitations on Liability/Indemnification 9 Section 7.1 Limit on Amount of Damages Recoverable 9 Section 7.2 Mutual Indemnification 10 Section 7.3 Subrogation 10 Article 8 - Contractors Right to Do Subcontractors Work 8 Intellectual Property Rights and Obligations 10 Section 8.1 SA/Contractor Software 10 Section 8.2 Use of Concepts, Know-how and Methods 10 Section 8.3 Intellectual Property Indemnification 10 Section 8.4 Trademark and Trade Name 11 Article 9 - InspectionConfidentiality 11 Section 9.1 Restrictions on Use 11 Section 9.2 Exclusions 12 Section 9.3 License to Use Confidential Information 13 Section 9.4 Ownership of SA Data, Testing Software and Correction of Work 8 Hardware 13 Article 10 - Changes 8 Change Orders 14 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - LiensMiscellaneous 14 Section 11.1 Assignment and Delegation 14 Section 11.2 Amendment and Waiver 14 Section 11.3 Severability 15 Section 11.4 Non-Solicitation of Personnel 15 Section 11.5 Notices 15 Section 11.6 Independent Contractors 16 Section 11.7 Force Majeure 16 Section 11.8 Governing Law 16 Section 11.9 Equitable Remedies 16 Section 11.10 Non-Solicitation 16 Section 11.11 Entire Agreement 16 Section 11.12 Survival 17 Section 11.13 Counterparts 17 SOURCE ATLANTIC, Stop NoticesInc., a Delaware corporation (“SA”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification NSK & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned OfficersASSOCIATES, Directorsa contracted service provider (“Contractor”), Shareholders and/or Members of Subcontractor 17hereby agree as follows:

Appears in 1 contract

Samples: Master Agreement for Information Technology Services (Source Atlantic, Inc.)

TABLE OF CONTENTS. RECITALS Section 1: Preamble 1 Contract Documents Section 2: Savings and Severability Clause 1 Subcontract Price 1 Scope of Section 3: Non-Discrimination 2 Section 4: Union Security and Participation 2 Section 5: Bargaining Unit 5 Section 6: Probation 8 Section 7: Pension 9 Section 8: Rules and Regulations 9 Section 9: Grievance And Arbitration Procedure 11 Section 10: No Strike and No Lockout 13 Section 11: Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Week 14 Section 12: Payroll 15 Section 13: Wage Rates 15 Section 14: Overtime Pay 19 Section 15: Absenteeism 19 Section 16: Holidays for Full-Time Bargaining Unit Employees 21 Section 17: Vacation 23 Section 18: Personal Leave 25 Section 19: Bereavement Leave 26 Section 20: Family and Medical Leave Act 26 Section 21: Jury Duty 33 Section 22: Health and Life 34 Section 23: Work Assignments 39 Section 24: Minimum Report 50 Section 25: Report Time 51 Section 26: Operator Uniforms 51 Section 27: Limited Hour Operators 52 Section 28: Demand Response Operator 57 Section 29: Surveys and Passenger Counts 59 Section 30: Training 59 Section 31: Maintenance Job Positions 59 Section 32: Maintenance Department Uniforms and Safety Items 65 Section 33: Maintenance Department Tools 66 Section 34: Maintenance Department Break Period 67 Section 35: Maintenance Department Schools and Training 67 Section 36: Maintenance Department Lifting 68 Section 37: Court and Office Hearings 68 Section 38: Military Service 68 Section 39: Transportation Passes 69 Section 40: Eyewear 69 Section 41: Restrooms 69 Section 42: Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 1770 SECTION 1: PREAMBLE‌

Appears in 1 contract

Samples: Collective Bargaining Agreement

TABLE OF CONTENTS. RECITALS ​ ​ ​ ​ ​ ​ ​ Page ​ ​ ​ ARTICLE I GENERAL PROVISIONS 1 Contract Documents ​ Section 1.01 Defined Terms 1 Subcontract Price 1 ​ Section 1.02 Other Definitional Provisions 8 ARTICLE II COVERAGE 9 ​ Section 2.01 Scope and Basis of Work 1 TERMS Reinsurance 9 ​ Section 2.02 Policy Changes 9 ​ Section 2.03 Reinstatement of Surrendered Policies 9 ​ Section 2.04 Misstatement of Fact 10 ​ Section 2.05 Non-Guaranteed Elements 10 ​ Section 2.06 Crediting Rates 10 ​ Section 2.07 Programs of Internal Replacement 10 ​ Section 2.08 Conservation Program 10 ​ Section 2.09 Net Retention 10 ​ Section 2.10 Asset Reserves 11 ​ Section 2.11 Valuation of Liabilities 11 ​ Section 2.12 Credit For Reinsurance 11 ​ Section 2.13 ModCo Reserves Allocation 11 ​ Section 2.14 Options Budget and Payoff for FIA 11 ​ Section 2.15 FATCA 12 ARTICLE III REINSURANCE PREMIUMS 12 ​ Section 3.01 Reinsurance Premiums. 12 ​ Section 3.02 Initial Settlement Amount 13 ARTICLE IV CEDING COMMISSION 13 ​ Section 4.01 Ceding Commission 13 ​ Section 4.02 Excise Tax 13 ARTICLE V ADMINISTRATION FEE 14 ​ Section 5.01 Policy Expenses 14 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Page ​ ​ ​ ​ ARTICLE VI REINSURED LIABILITIES 14 ​ Section 6.01 Reinsured Liabilities 14 ​ Section 6.02 Claims Settlement 14 ​ Section 6.03 Recoveries 14 ARTICLE VII REPORTING AND CONDITIONS 4 Article 1 - Entire SETTLEMENTS 14 ​ Section 7.01 Ceding Company Reporting 14 ​ Section 7.02 Reinsurer Reporting 15 ​ Section 7.03 Settlements & Adjustments. 16 ARTICLE VIII THE MODCO DEPOSIT, THE FUNDS WITHHELD ACCOUNT, THE TRUST ACCOUNT, AND INVESTMENT MANAGEMENT AGREEMENT 18 ​ Section 8.01 ModCo Deposit 18 ​ Section 8.02 Funds Withheld Account 19 ​ Section 8.03 Trust Account 20 ​ Section 8.04 Excess Withdrawals 21 ​ Section 8.05 Investment Management Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation 21 ARTICLE IX RESERVED 22 ARTICLE X ADMINISTRATION 22 ​ Section 10.01 Policy Administration 22 ​ Section 10.02 Record-Keeping 23 ARTICLE XI TERM AND TERMINATION 23 ​ Section 11.01 Duration of Agreement 23 ​ Section 11.02 Recapture 23 ​ Section 11.03 Recapture Payment 25 ​ Section 11.04 Survival 26 ARTICLE XII ERRORS AND OMISSIONS 26 ​ Section 12.01 Errors and Omissions 26 ARTICLE XIII DISPUTE RESOLUTION 26 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Page ​ ​ ​ ​ ​ Section 13.01 Negotiation 26 ​ Section 13.02 Arbitration; Waiver of Trial by Jury 27 ARTICLE XIV INSOLVENCY 28 ​ Section 14.01 Insolvency 28 ARTICLE XV TAXES 29 ​ Section 15.01 Taxes 29 ​ Section 15.02 DAC Tax Election. 29 ​ Section 15.03 US Taxpayer 30 ARTICLE XVI REPRESENTATIONS, WARRANTIES AND COVENANTS 30 ​ Section 16.01 Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures Warranties of the Ceding Company 30 ​ Section 16.02 Representations and Conditions 5 Article 6 - Time and Schedule Warranties of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction the Ceding Company in Respect of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection the In Force Reinsured Policies 32 ​ Section 16.03 Covenants of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Ceding Company 33

Appears in 1 contract

Samples: Master Letter Agreement (Midwest Holding Inc.)

TABLE OF CONTENTS. RECITALS ARTICLE I DEFINITIONS 1 Contract Documents Section 1.01 Definitions 1 Subcontract ARTICLE II PURCHASE OF ASSIGNED INTERESTS 15 Section 2.01 Purchase 15 Section 2.02 Payments by the Company 15 Section 2.03 Closing; Payment of Closing Purchase Price; Closing Deliveries; Payment of Additional Purchase Price 1 Scope 16 Section 2.04 Make Whole Payments 17 Section 2.05 No Assumed Obligations 18 ARTICLE III REPRESENTATIONS AND WARRANTIES OF COMPANY 19 Section 3.01 Organization 19 Section 3.02 Authorization 19 Section 3.03 Governmental Authorization 19 Section 3.04 Ownership 19 Section 3.05 Financial Statements 20 Section 3.06 No Undisclosed Liabilities 21 Section 3.07 Solvency 21 Section 3.08 Litigation 21 Section 3.09 Compliance with Laws 21 Section 3.10 Conflicts 22 Section 3.11 Subordination 22 Section 3.12 Intellectual Property 22 Section 3.13 Regulatory Approval 24 Section 3.14 Material Contracts 25 Section 3.15 Place of Work 1 TERMS Business 25 Section 3.16 Broker’s Fees 25 Section 3.17 Other Information 25 Section 3.18 Taxes 26 ARTICLE IV REPRESENTATIONS AND CONDITIONS 4 Article 1 - WARRANTIES OF PURCHASER 26 Section 4.01 Organization 26 Section 4.02 Authorization 26 Section 4.03 Broker’s Fees 26 Section 4.04 Conflicts 27 ARTICLE V COVENANTS 27 Section 5.01 Consents and Waivers 27 Section 5.02 Access; Information 27 Section 5.03 Material Contracts 29 Section 5.04 Confidentiality; Public Announcement 29 Section 5.05 Security Agreement 30 Section 5.06 Efforts; Further Assurance 30 Section 5.07 Put Option; Call Option 31 Section 5.08 [Remittance to Deposit Account] 32 Section 5.09 Intellectual Property 36 Section 5.10 Protective Covenants 36 Section 5.11 Insurance 38 Section 5.12 Notice 38 Section 5.13 Use of Proceeds 38 ARTICLE VI TERMINATION 40 Section 6.01 Termination Date 40 Section 6.02 Effect of Termination 41 ARTICLE VII MISCELLANEOUS 41 Section 7.01 Survival 41 Section 7.02 Specific Performance; Limitations on Damages 41 Section 7.03 Notices 41 Section 7.04 Successors and Assigns 43 Section 7.05 Indemnification 43 Section 7.06 No Implied Representations and Warranties 44 Section 7.07 Independent Nature of Relationship 45 Section 7.08 Tax Treatment 45 Section 7.09 Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 46 Section 7.10 Amendments; No Waivers 46 Section 7.11 Interpretation 46 Section 7.12 Headings and Captions 46 Section 7.13 Counterparts; Effectiveness 46 Section 7.14 Severability 47 Section 7.15 Expenses 47 Section 7.16 Governing Law; Jurisdiction 47 Section 7.17 Waiver of Jury Trial 47 Exhibit A Investigation Form of Security Agreement Exhibit B – Form of Assignment of Interests Exhibit C Form of Legal Opinion (Xxxxx Xxxxx) This REVENUE INTEREST ASSIGNMENT AGREEMENT (as amended, supplemented or otherwise modified from time to time, this “Agreement”) is made and Representations entered into as of July 28, 2015, by Subcontractor 4 Article 4 – Submittalsand between ARIAD Pharmaceuticals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - InspectionInc., Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Noticesa Delaware corporation (“ARIAD” or the “Company”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned OfficersPDL BioPharma, DirectorsInc., Shareholders and/or Members of Subcontractor 17a Delaware corporation (“Purchaser”).

Appears in 1 contract

Samples: Revenue Interest Assignment Agreement (Ariad Pharmaceuticals Inc)

TABLE OF CONTENTS. RECITALS Page Article I Definitions 1 Contract Documents 1.1. Certain Definitions 1 Subcontract Price 1 Scope of Work 1 TERMS AND CONDITIONS 1.2. Other Terms 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation II Financial and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Other Information 4 Article 2.1. Company Information 4 2.2. Dufry AG Public Documents 5 - Payment Procedures 2.3. Accounting Estimates and Conditions 5 Article Principles 6 - Time and Schedule 2.4. Internal Audit 6 2.5. Accountants’ Reports 7 2.6. Record Retention 7 2.7. Production of Work 6 Article Witnesses; Records; Cooperation 7 - Delays & Impacts 7 Article 2.8. Privilege 8 - Contractors Right to Do Subcontractors Work 2.9. General Cooperation 8 Article III Financing and Treasury Operations 8 3.1. Company Group Financing 8 3.2. Third Person Guarantee or Letter of Credit Facilities 8 3.3. Foreign Exchange Transactions 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 3.4. Cash Pooling 9 3.5. General 9 Article 12 - Termination 9 IV Supply of Products for Sale 10 4.1. Purchase of Products from Dufry 10 4.2. Obligation to Supply 10 Article 13 - Liens, Stop Notices, V Franchise and Third Party Payment Claims Other Services Agreements 10 5.1. Franchise Agreements 10 5.2. Retail Shop Concepts Services Agreements 10 5.3. Financial Support Services 10 Article VI Other Services 10 6.1. Financial Statement Consolidation Services 10 Article VII Compliance with Dufry Policies 11 7.1. Compliance Generally 11 Article VIII Sales and Marketing Matters 11 8.1. Pricing and Assortment 11 8.2. Advertising, Marketing and Promotions 11 8.3. Shop Design 11 8.4. General 11 Article IX Information Technology 11 9.1. Information Technology Agreements 11 9.2. Company to Use Dufry Information Technology 12 9.3. Dufry Support 12 9.4. Company Costs 12 Article X Tax Matters 12 10.1. Provision of Tax Services 12 10.2. Provision of Information and Cooperation 12 Article XI Employee Compensation Expense 13 11.1. Dufry PSU Plan 13 Article XII Other Agreements 13 12.1. Further Assurances 13 12.2. Confidentiality 13 12.3. Insurance Matters 14 - 12.4. IPO Costs and Expenses 14 12.5. Covenants Against Taking Certain Actions Affecting Dufry 14 Article XIII Dispute Resolution 11 Article 14 13.1. General Provisions 14 13.2. Mediation 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 1713.3. Arbitration 15

Appears in 1 contract

Samples: Master Relationship Agreement (Hudson Ltd.)

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TABLE OF CONTENTS. RECITALS 1 Contract Documents 1 Subcontract Price 1 Scope (This Table of Work 1 TERMS Contents is not a part of this Indenture of Trust and is only for convenience of reference.) ARTICLE I DEFINITIONS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation OTHER MATTERS 5 Section 1.2 Definitions 5 Section 1.3 Enforceability of this Indenture 10 ARTICLE II AUTHORIZATION, TERMS, EXECUTION AND DELIVERY OF CERTIFICATES 11 Section 2.1 Authorized Amount of Certificates 11 Section 2.2 Execution and Representations by Subcontractor 4 Article 4 – SubmittalsDelivery of 2023 Certificates 11 Section 2.3 2023 Certificate Details 11 Section 2.4 Payment of Certificates 12 Section 2.5 Limited Obligation 12 Section 2.6 Execution of Certificates 13 Section 2.7 Effect of Execution 13 Section 2.8 Form of Certificates 13 Section 2.9 Delivery of the Certificates 13 Section 2.10 Mutilated, O Lost, Stolen or Destroyed Certificates 14 Section 2.11 Registration of Certificates; Persons Treated as Owners; Transfer and Exchange of Certificates 14 Section 2.12 Required Information in 2023 Certificate Form 15 Section 2.13 Cancellation of Certificates 15 Section 2.14 Execution and Delivery of Additional Certificates 15 Section 2.15 Negotiability 16 Section 2.16 Book Entry. 16 Section 2.17 Payments and Notices to Cede & M’s and Warranty Information 4 Article 5 - Co 18 ARTICLE III REVENUES AND FUNDS 19 Section 3.1 Source of Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right Certificates 19 Section 3.2 Base Rentals Fund 19 Section 3.3 Reserved 20 Section 3.4 Project Fund 20 Section 3.5 Creation of the Extraordinary Revenue Fund 20 Section 3.6 Base Rentals Fund under 2013A Indenture 21 Section 3.7 Nonpresentment of Certificates 21 Section 3.8 Moneys to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article be Held in Trust 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by Section 3.9 Repayment to the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17District from the Trustee 21 ARTICLE IV REDEMPTION OF CERTIFICATES 22

Appears in 1 contract

Samples: Indenture of Trust

TABLE OF CONTENTS. RECITALS Page ARTICLE I. DEFINITIONS 1 Section 1.1 Definitions 1 ARTICLE II. BASIS OF REINSURANCE AND BUSINESS REINSURED 17 Section 2.1 Reinsurance 17 Section 2.2 Separate Accounts 18 Section 2.3 Existing Reinsurance 18 Section 2.4 Non-Guaranteed Elements 21 Section 2.5 Reserves and Liabilities Reporting 22 Section 2.6 Insurance Contract Documents 1 Subcontract Price 1 Scope Changes 22 Section 2.7 Liability 22 Section 2.8 Stable Value Wrap Agreements 23 Section 2.9 Internal Replacements 23 ARTICLE III. TRANSFER OF ASSETS; PAYMENTS; SETTLEMENTS; ADMINISTRATION AND ACCOUNTING 24 Section 3.1 Payments by the Ceding Company 24 Section 3.2 Payments by the Reinsurer 26 Section 3.3 Defenses 26 Section 3.4 Guaranty Association Assessments and Premium Taxes 27 Section 3.5 Delayed Payments 27 Section 3.6 Offset and Recoupment Rights 27 Section 3.7 Administration and Accounting 27 Section 3.8 Termination of Work 1 TERMS AND CONDITIONS 4 Article 1 - Administrative Services Agreement 27 Section 3.9 Certain Reports 28 Section 3.10 Books and Records 29 Section 3.11 Bank Accounts 29 Section 3.12 Novation of Specified BOLI/COLI Policies; Replacement of Group Covered Insurance Policies 30 ARTICLE IV. LICENSES; RESERVE CREDIT; SECURITY 31 Section 4.1 Licenses; Reserve Credit 31 Section 4.2 Security 32 Section 4.3 Trust Account and Settlements 33 Section 4.4 Eligible Assets 33 Section 4.5 Deposit or Transfer of Trust Assets 33 Section 4.6 Modifications Upon Occurrence of a Triggering Event 33 Section 4.7 Withdrawals of Assets from the Trust Account 34 Section 4.8 Adjustments of Security and Withdrawals 36 ARTICLE V. OVERSIGHTS; COOPERATION; REGULATORY MATTERS 38 Section 5.1 Oversights 38 Section 5.2 Cooperation 39 Section 5.3 Regulatory Matters 39 42115819.1 ARTICLE VI. DAC TAX 39 Section 6.1 Election 39 Section 6.2 Definitions 39 Section 6.3 Exchange of Information 39 Section 6.4 Effectiveness 40 Section 6.5 United States Tax Status Representation 40 Section 6.6 Breach of Representation 40 Section 6.7 DAC Tax Reimbursement 40 ARTICLE VII. INSOLVENCY 41 Section 7.1 Insolvency of the Ceding Company 41 ARTICLE VIII. DURATION; RECAPTURE 42 Section 8.1 Duration 42 Section 8.2 Survival 42 Section 8.3 Recapture; Termination 42 Section 8.4 Recapture Payments 43 ARTICLE IX. INDEMNIFICATION; DISCLAIMER 43 Section 9.1 Reinsurer’s Obligation to Indemnify 43 Section 9.2 Ceding Company’s Obligation to Indemnify 43 Section 9.3 Notice of Claim; Defense 44 Section 9.4 No Duplication; Exclusive Remedy 45 Section 9.5 Mitigation 45 Section 9.6 Recovery by Indemnified Party 45 Section 9.7 Waiver of Duty of Utmost Good Faith 46 ARTICLE X. MISCELLANEOUS 46 Section 10.1 Notices 46 Section 10.2 Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation Agreement; Amendments 47 Section 10.3 Governing Law and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Jurisdiction 47 Section 10.4 No Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Beneficiaries 48 Section 10.5 Expenses 48 Section 10.6 Counterparts 48 Section 10.7 Severability 48 Section 10.8 Waiver of Jury Trial; Multiplied and Punitive Damages 48 Section 10.9 Treatment of Confidential Information 49 Section 10.10 Assignment 49 Section 10.11 Waivers 49 Section 10.12 Specific Performance 50 Section 10.13 Interpretation 50 42115819.1 SCHEDULE 1.1(A) Covered Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Policies SCHEDULE 1.1(B) Investment Guidelines

Appears in 1 contract

Samples: Reinsurance Agreement (Coli Vul 2 Series Account)

TABLE OF CONTENTS. RECITALS ARTICLE I DEFINITIONS 1 Contract Documents Section 1.1 Certain Defined Terms 1 Subcontract Price 1 Scope Section 1.2 Table of Work 1 TERMS Definitions 9 ARTICLE II THE MERGER 11 Section 2.1 The Merger 11 Section 2.2 Closing; Effective Time 11 Section 2.3 Effects of the Merger 12 Section 2.4 Certificate of Incorporation and Bylaws 12 Section 2.5 Directors; Officers 12 Section 2.6 Effect on Capital Stock. 12 Section 2.7 Company Warrant. 13 Section 2.8 Company Stock Options. 13 Section 2.9 Payment to Securityholders; Indebtedness; Escrow 14 Section 2.10 Withholding Rights 17 Section 2.11 Dissenting Shares 17 Section 2.12 Securityholder Representative 18 Section 2.13 Payments at Closing for Transaction Bonuses and Transaction Expenses 20 Section 2.14 Securityholders’ Expense Amounts 20 Section 2.15 Adjustments to Net Merger Consideration 21 ARTICLE III REPRESENTATIONS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation WARRANTIES OF THE COMPANY 22 Section 3.1 Organization and Qualification 23 Section 3.2 Authority 23 Section 3.3 No Conflict; Required Filings and Consents 24 Section 3.4 Capitalization 24 Section 3.5 Subsidiaries. 25 Section 3.6 Financial Statements; No Undisclosed Liabilities; Books and Records 25 Section 3.7 Absence of Certain Changes or Events 26 Section 3.8 Compliance with Law; Permits 27 Section 3.9 Litigation. 27 Section 3.10 Employee Benefit Programs 27 Section 3.11 Labor and Employment Matters 29 Section 3.12 Title to and Condition of Assets 30 Section 3.13 Real Property 30 Section 3.14 Intellectual Property 31 Section 3.15 Taxes. 33 Section 3.16 Environmental Matters 34 Section 3.17 Material Contracts 34 Section 3.18 Material Customers 35 Section 3.19 Affiliate Interests and Transactions 36 Section 3.20 Insurance 36 Section 3.21 Brokers 36 Section 3.22 Bank Accounts; Powers of Attorney 36 Section 3.23 Warranties 36 Section 3.24 No Additional Representations by Subcontractor 4 Article 4 – Submittals, O & M’s 37 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF THE ACQUIROR AND MERGER SUB 37 Section 4.1 Organization 37 Section 4.2 Authority 37 Section 4.3 No Conflict; Required Filings and Warranty Information 4 Article 5 - Payment Procedures Consents 38 Section 4.4 Brokers 38 Section 4.5 Litigation 38 Section 4.6 Financing 38 Section 4.7 Formation and Conditions 5 Article 6 - Time Ownership of Merger Sub; No Prior Activities 38 Section 4.8 Inspection; No Other Representations. 39 ARTICLE V COVENANTS 39 Section 5.1 Conduct of the Business 39 Section 5.2 No Solicitations 40 Section 5.3 Public Announcements 42 Section 5.4 Indemnification 42 Section 5.5 Employment Benefits 44 Section 5.6 Conflicts and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - CleanPrivilege 44 Section 5.7 Stockholder Approval 45 Section 5.8 Non-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Consenting Stockholders 45 ARTICLE VI TAX MATTERS 45 Section 6.1 Cooperation in Tax Matters 45 Section 6.2 Straddle Period. 46

Appears in 1 contract

Samples: Merger Agreement (Kenexa Corp)

TABLE OF CONTENTS. RECITALS PRINCIPAL TRANSACTION 1 Contract Documents Section 1.1. Sale and Purchase of Stock 1 Subcontract Section 1.2. Purchase Price; Payment 1 Section 1.3. Adjustments to Purchase Price 1 Scope 2 Section 1.4. Closing. 5 Section 1.5. Deliveries at the Closing 5 ARTICLE 2 REPRESENTATIONS AND WARRANTIES OF SELLERS 7 Section 2.1. Organization; Capitalization; Ownership 7 Section 2.2. Financial Statements and Financial Matters 8 Section 2.3. Books and Records 10 Section 2.4. Taxes 10 Section 2.5. Business Operations 11 Section 2.6. Employees 13 Section 2.7. Employee Benefit Plans 14 Section 2.8. Real Property 16 Section 2.9. Other Properties and Assets 17 Section 2.10. Litigation 18 Section 2.11. Authorization and Enforceability; No Conflict 18 Section 2.12. Applicable Contracts; Insurance 19 Section 2.13. Permits and Licenses; Compliance with Legal Requirements 20 Section 2.14. Environmental Matters 21 Section 2.15. No Broker’s Fees 22 Section 2.16. Accuracy of Work 1 TERMS Information 22 Section 2.17. Mexican Subsidiary Representations 22 ARTICLE 3 REPRESENTATIONS AND CONDITIONS WARRANTIES OF BUYER AND NOBLE 24 Section 3.1. Organization and Good Standing 24 Section 3.2. Authorization and Enforceability; No Conflict 24 Section 3.3. Investment Intent 24 Section 3.4. No Broker’s Fees 24 Section 3.5. Purpose of Transaction 25 ARTICLE 4 Article 1 - COVENANTS AND AGREEMENTS 25 Section 4.1. Further Assurances 25 Section 4.2. Restrictive Covenants 25 Section 4.3. Public Announcements 26 Section 4.4. Sellers Representative 26 Section 4.5. Discharge of Related Party Fees 29 Section 4.6. Title Insurance 29 Section 4.7. Parent Guarantee 29 Section 4.8. Right of First Refusal 29 Section 4.9. Transition of Bloomingdale Warehouse 29 Section 4.10. Termination of Certain Agreements. 30 Section 4.11. Stock Purchase 30 Section 4.12. Tax Returns and Related Matters. 30 Section 4.13. Closing Books for Tax Purposes 32 Section 4.14. Interest Charge DISC Subsidiary. 33 Section 4.15. Mexican and Swiss Taxes. 33 Section 4.16. IP Tax Matters. 33 Section 4.17. Post-Retirement Benefits. 34 ARTICLE 5 INDEMNIFICATION 34 Section 5.1. Indemnification and Reimbursement by Sellers 34 Section 5.2. Indemnification and Reimbursement by Buyer 34 Section 5.3. De Minimis Claims; Basket; Cap; Bloomingdale Environmental Limits. 34 Section 5.4. Indemnification Procedures 35 Section 5.5. Offset 37 Section 5.6. Adjusted Purchase Price; Interest 37 Section 5.7. Determination of Adverse Consequences; Indemnification Limitations 37 Section 5.8. Exclusive Remedy 38 Section 5.9. Tax Claims 38 ARTICLE 6 DEFINITIONS 40 ARTICLE 7 GENERAL 51 Section 7.1. Survival of Representations, Warranties, Covenants and Agreements 51 Section 7.2. Binding Effect; Benefits; Assignment 51 Section 7.3. Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation 52 Section 7.4. Amendment and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Waiver 52 Section 7.5. Governing Law 52 Section 7.6. Notices 52 Section 7.7. Counterparts 53 Section 7.8. Expenses 53 Section 7.9. Headings; Construction; Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction Essence 53 Section 7.10. Partial Invalidity 54 Section 7.11. Waiver of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Jury Trial 54 Exhibit 1.2(b) Overdue Accounts Receivable

Appears in 1 contract

Samples: Stock Purchase Agreement (Noble International, Ltd.)

TABLE OF CONTENTS. RECITALS ARTICLE I DEFINITIONS 1 Contract Documents Section 1.1 Definitions 1 Subcontract Price 1 Scope Section 1.2 Construction 3 ARTICLE II ORGANIZATION 4 Section 2.1 Formation 4 Section 2.2 Name 4 Section 2.3 Registered Office; Registered Agent; Principal Office; Other Offices 4 Section 2.4 Purposes 4 Section 2.5 Qualification in Other Jurisdictions 4 Section 2.6 Powers 4 Section 2.7 Power of Work 1 TERMS Attorney 4 Section 2.8 Term 5 Section 2.9 Certificate of Formation 5 ARTICLE III MEMBERS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation UNITS 6 Section 3.1 Members 6 Section 3.2 Authorization to Issue Units 6 Section 3.3 Certificates 7 Section 3.4 Record Holders 7 Section 3.5 Registration and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Transfer of Units 7 Section 3.6 Agreements 8 ARTICLE IV DISTRIBUTIONS AND REDEMPTIONS 8 Section 4.1 Distributions to Record Holders 8 Section 4.2 Payment of Taxes 8 Section 4.3 Absence of Certain Other Rights 8 ARTICLE V MANAGEMENT AND OPERATION OF BUSINESS 9 Section 5.1 Power and Warranty Information 4 Article 5 - Payment Procedures Authority of the Manager 9 Section 5.2 Term and Conditions 5 Article 6 - Time and Schedule Withdrawal of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article the Manager 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty Section 5.3 Determinations by the Undersigned OfficersManager 11 Section 5.4 Exculpation, DirectorsIndemnification, Shareholders and/or Members Advances and Insurance 11 Section 5.5 Duties of Subcontractor 17the Manager and its Officers and Managers 13 Section 5.6 Outside Activities 14 Section 5.7 Reliance by Third Parties 14 Section 5.8 Reimbursement of Expenses 14 ARTICLE VI BOOKS, RECORDS, ACCOUNTING AND REPORTS 14 Section 6.1 Records and Accounting 14 Section 6.2 Fiscal Year 14 Section 6.3 Reports 14

Appears in 1 contract

Samples: Limited Liability Company Agreement (181 High Street LLC)

TABLE OF CONTENTS. RECITALS Article I. Definitions and References 1 Contract Documents Section 1.1. Defined Terms 1 Subcontract Price 1 Scope of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety Section 1.2. Certain Additional Defined Terms 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, II. Terms of the Transaction 11 Section 2.1. Agreement to Purchase and Third Party Sell Interests 11 Section 2.2. Aggregate Consideration 11 Section 2.3. Potential Adjustments to the Purchase Price 11 Section 2.4. Payment Claims of the Purchase Price 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance III. Representations and Warranties of Seller 12 Article 17 - Protection of Work Section 3.1. Title to Interests 12 Section 3.2. Organization and Risk of Loss Standing 12 Section 3.3. Authority 12 Section 3.4. Non-Contravention 13 Section 3.5. Approvals 13 Section 3.6. Pending Litigation 13 Section 3.7. Broker’s Fees 13 Section 3.8. Investment Representation 13 Article IV. Representations and Warranties of the Company 14 Section 4.1. Organization and Standing 14 Section 4.2. Governing Documents 15 Section 4.3. Capital Structure 15 Section 4.4. Power and Authority 15 Section 4.5. Valid and Binding Agreement 15 Section 4.6. Non-Contravention 16 Section 4.7. Approvals 16 Section 4.8. Subsidiaries 16 Section 4.9. Pending Proceedings 16 Section 4.10. Compliance with Laws 17 Section 4.11. Taxes 17 Section 4.12. Contracts 18 - CleanSection 4.13. Gas Regulatory Matters 19 Section 4.14. Pipeline and Facilities 19 Section 4.15. Gas Imbalances 19 Section 4.16. Intellectual Property 19 Section 4.17. Equipment 19 Section 4.18. No Alienation 19 Section 4.19. Consents to Change of Control 20 Section 4.20. Bankruptcy 20 Section 4.21. Capital Commitments 20 Section 4.22. Employees 20 Section 4.23. Financial Statements; No Undisclosed Liabilities 20 Section 4.24. Sufficiency of Assets; No Other Assets or Businesses 21 Section 4.25. Transactions with Affiliates 21 Section 4.26. Bank Accounts 21 Section 4.27. Environmental Documents 21 Section 4.28. No Material Adverse Change 21 Section 4.29. Internal Accounting Controls 22 Article V. Disclaimer and Disclosure Schedule 22 Section 5.1. Disclaimer 22 Section 5.2. Updated Disclosure Schedules 23 Article VI. Representations and Warranties of Buyer and Issuer 24 Section 6.1. Organization 24 Section 6.2. Power and Authority 24 Section 6.3. Valid and Binding Agreement 24 Section 6.4. Non-Up Contravention 24 Section 6.5. Approvals 25 Section 6.6. Proceedings 25 Section 6.7. Financing 25 Section 6.8. Investment Experience 25 Section 6.9. Restricted Securities 25 Section 6.10. Accredited Investor; Investment Intent 25 Section 6.11. Independent Evaluation 26 Section 6.12. Brokers 26 Section 6.13. Capitalization 26 Section 6.14. Partnership Interests 27 Section 6.15. Issuer SEC Documents 27 Section 6.16. No Material Adverse Change 28 Section 6.17. Internal Accounting Controls 28 Section 6.18. Offering 28 Section 6.19. Tax Status of Buyer 28 Article VII. Certain Covenants 28 Section 7.1. Access 28 Section 7.2. Exculpation and Use Indemnification 29 Section 7.3. Assignment of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty Excluded Properties 29 Section 7.4. Transition Services 30 Section 7.5. Interim Operation 30 Section 7.6. Restrictions on Certain Actions 30 Section 7.7. Confidentiality Agreement 31 Section 7.8. Officer and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Director Resignations and Releases 32 Section 7.9. Indemnification of Officers and Directors 32 Section 7.10. Employee Matters 32 Section 7.11. Taxes 16 Article 26 - Insolvency 33 Section 7.12. Press Releases 35 Section 7.13. Payment of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members Bank Debt and Release of Subcontractor 17Liens 35 Section 7.14. Books and Records 35

Appears in 1 contract

Samples: Membership Interest Purchase and Sale Agreement (Penn Virginia Resource Partners L P)

TABLE OF CONTENTS. RECITALS ARTICLE I PURCHASE AND SALE 1 Contract Documents Section 1.1 Purchase and Sale 1 Subcontract Price 1 Scope Section 1.2 Transaction Consideration 7 Section 1.3 Closing Date 7 Section 1.4 Closing Date Payments 7 Section 1.5 Earnout Consideration 9 Section 1.6 Net Working Capital Adjustment 10 Section 1.7 Allocation of Work 1 TERMS Transaction Consideration 11 ARTICLE II REPRESENTATIONS AND WARRANTIES OF THE COMPANIES AND THE ACTIVE EQUITY HOLDERS 12 Section 2.1 Organization and Related Matters 12 Section 2.2 Authorization and Enforceability 12 Section 2.3 Books and Records 13 Section 2.4 Capitalization 13 Section 2.5 Conflicts; Consents of Third Parties 13 Section 2.6 Financial Statements; Occupancy Reports 14 Section 2.7 No Undisclosed Liabilities 14 Section 2.8 Absence of Certain Developments 14 Section 2.9 Taxes 17 Section 2.10 Real Property 19 Section 2.11 Tangible Personal Property; Title; Sufficiency of Assets 22 Section 2.12 Intellectual Property 22 Section 2.13 Contracts 23 Section 2.14 Employee Benefits 23 Section 2.15 Labor 26 Section 2.16 Litigation 28 Section 2.17 Compliance with Laws; Permits 28 Section 2.18 Environmental Matters 30 Section 2.19 Insurance 31 Section 2.20 Receivables; Payables 31 Section 2.21 Customers and Suppliers 31 Section 2.22 Related Party Transactions 32 Section 2.23 Brokers Fees and Other Arrangements 32 Section 2.24 Absence of Certain Business Practices 33 Section 2.25 Business Continuity 33 Section 2.26 Bulk Sales; Solvency 33 Section 2.27 Bank Accounts; Powers of Attorney 33 Section 2.28 Activities of Xxxxxxxx & Xxxxxxxx, P.A 33 Section 2.29 No Other Representations, Disclaimer 34 ARTICLE III REPRESENTATIONS AND WARRANTIES OF PURCHASER 34 Section 3.1 Organization 34 Section 3.2 Authorization and Enforceability 34 Section 3.3 Conflicts; Consent of Third Parties 34 Section 3.4 Brokers Fees 35 Section 3.5 No Proceedings 35 Section 3.6 Sufficient Transaction Consideration 35 Section 3.7 No Other Representations 35 ARTICLE IV COVENANTS 35 Section 4.1 Commercially Reasonable Efforts; Notices and Consents 35 Section 4.2 Access to Information; Financial Statements 36 Section 4.3 Operation of Business 37 Section 4.4 Further Assurances; Litigation Support 39 Section 4.5 Names and Logos 40 Section 4.6 Mail; Payments; Receivables; Bank Accounts 40 Section 4.7 Public Announcements; Confidentiality 41 Section 4.8 Tax Covenants 41 Section 4.9 Exclusive Dealing 42 Section 4.10 Non-Competition; Non-Solicitation 42 Section 4.11 Employees and Employee Benefits 45 Section 4.12 Tangible Property; Payment of Excluded Liabilities 46 Section 4.13 Employee Restrictive Covenant Agreements 46 Section 4.14 Novation 47 Section 4.15 Title: Survey 47 ARTICLE V CLOSING CONDITIONS 4 Article 1 - 49 Section 5.1 Conditions to Obligation of Purchaser 49 Section 5.2 Conditions to Obligation of Seller Parties 52 ARTICLE VI INDEMNIFICATION 53 Section 6.1 Indemnity Obligations of Seller Parties 53 Section 6.2 Indemnity Obligations of Purchaser 54 Section 6.3 Indemnification Procedures 54 Section 6.4 Expiration of Representations and Warranties 55 Section 6.5 Certain Limitations 56 Section 6.6 Indemnification Payments to Purchaser Indemnitees; Right of Set-Off 56 Section 6.7 Treatment of Indemnification Payments 57 Section 6.8 Right to Indemnification Not Affected by Knowledge or Waiver 57 Section 6.9 Exclusive Remedies 57 Section 6.10 Insurance 57 Section 6.11 Title Policies and Other Insurance 57 Section 6.12 Damages Limitation 58 ARTICLE VII TERMINATION 58 Section 7.1 Termination of Agreement 58 Section 7.2 Effect of Termination 59 ARTICLE VIII MISCELLANEOUS 59 Section 8.1 Certain Definitions 59 Section 8.2 Expenses 66 Section 8.3 Governing Law; Jurisdiction; Venue 66 Section 8.4 Entire Agreement 4 Article 2 - Owners Agreement; Amendments and Waivers 67 Section 8.5 Section Headings 67 Section 8.6 Notices 67 Section 8.7 Severability 68 Section 8.8 Binding Effect; Assignment; Third-Party Beneficiaries 68 Section 8.9 Counterparts 69 Section 8.10 Remedies Cumulative 69 Section 8.11 Exhibits and Schedules 69 Section 8.12 Interpretation 69 Section 8.13 Arm’s Length Negotiations 70 Section 8.14 Construction 70 Section 8.15 Specific Performance 70 Section 8.16 Waiver of Jury Trial 70 Section 8.17 Time of Essence 70 Section 8.18 Appointment of the Representative 4 Article 3 – Investigation 70 SCHEDULES: Schedule 1: Companies and Representations by Subcontractor 4 Article 4 – SubmittalsCompany Equityholders Schedule 2: Closing Date Payment Allocation EXHIBITS: Exhibit A: Forms of Bills of Sale, O & M’s Assignment and Assumption Agreements and Warranty Information 4 Article 5 - Payment Procedures Deeds Exhibit B: Allocation Schedule Exhibit C: Form of Loan Payoff Letters Exhibit D: Form of Consulting Agreement Exhibit E: Forms of Novation Agreement Exhibit F: Form of Management Agreement THIS ASSET PURCHASE AGREEMENT (this “Agreement”), dated as of January 25, 2015, is by and Conditions 5 Article 6 - Time among LCS Corrections Services, Inc., a Louisiana corporation (“LCS”), LCS-Basile, LLC, a Nevada limited liability company (“Basile”), LCS-Xxxxxx, LLC, a Nevada limited liability company (“Xxxxxx”), LCS-Xxxxxxxx, LLC, a Nevada limited liability company (“Xxxxxxxx”), LCS-Xxxxxxx, LLC, a Nevada limited liability company (“Xxxxxxx”), LCS-Nueces, LLC, a Nevada limited liability company (“Nueces”), LCS-Pine Prairie, LLC, a Nevada limited liability company (“Pine Prairie”), LCS-Tensas, LLC, a Nevada limited liability company (“Tensas”), Perry Detention Services, LLC, a Nevada limited liability company (“Perry”) (each of LCS, Basile, Brooks, Caldwell, Hidalgo, Nueces, Pine Prairie, Tensas and Perry, a “Company” and, collectively, the “Companies”), the equity holders of the Companies set forth in Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection1 hereto (each, Testing a “Company Equityholder” and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Lienscollectively, Stop Noticesthe “Company Equityholders”), the GEO Group, Inc., a Florida corporation (“GEO”), and Third Correctional Properties, LLC, a Delaware limited liability company (together with GEO, “Purchaser”). The Companies and the Company Equityholders are sometimes referred to herein collectively as the “Seller Parties” and each individually as a “Seller Party.” Basile, Brooks, Caldwell, Hidalgo, Nueces, Pine Prairie, Tensas and Perry are sometimes herein referred to as the “Facility Entities.” Xxxxx Xxxxxxxx, Xxxxxxx Xxxxxxxx and Xxxxxxx XxXxxxx are sometimes herein referred to as the “Active Equityholders.” Xxxxx Xxxxxxxx and/or Xxxxxxx Xxxxxxxx shall act as the representative of each Seller Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection in accordance with the terms of Work Section 8.18 and Risk of Loss 13 Article 18 - Clean-Up are herein referred to as the “Seller Parties’ Representative.” The Seller Parties and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty Purchaser are sometimes herein referred to collectively as the “Parties” and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17each individually as a “Party.”

Appears in 1 contract

Samples: Asset Purchase Agreement (Geo Group Inc)

TABLE OF CONTENTS. RECITALS 1 Contract The Merger 2 Section 1.1 The Merger 2 Section 1.2 Closing 2 Section 1.3 Effective Time 3 Section 1.4 Effect of the Merger 3 Section 1.5 Organizational Documents 1 Subcontract Price 1 Scope 3 Section 1.6 Directors and Officers of Work 1 TERMS AND CONDITIONS the Surviving Entity 4 Article 1 - Entire Agreement Section 1.7 Subsequent Actions 4 Article 2 - Owners Representative Section 1.8 Consideration; Effect on Capital Stock. 4 Article 3 – Investigation Section 1.9 Plan of Reorganization. 18 ARTICLE II Representations and Warranties of the Company 18 Section 2.1 Organization and Standing; Subsidiaries 18 Section 2.2 Authority; No Conflicts 19 Section 2.3 Capitalization 20 Section 2.4 Financial Statements; Undisclosed Liabilities 21 Section 2.5 Absence of Certain Changes 22 Section 2.6 Compliance with Laws 23 Section 2.7 Permits 23 Section 2.8 Litigation 23 Section 2.9 Benefit Plans 24 Section 2.10 Labor Matters 26 Section 2.11 Tax Matters. 27 Section 2.12 Intellectual Property. 29 Section 2.13 Material Contracts 33 Section 2.14 Governmental Consents and Approvals 36 Section 2.15 Environmental Matters 36 Section 2.16 Leased Real Property 36 Section 2.17 Interested Party Transactions 37 Section 2.18 Suppliers, Customers and Partners 37 Section 2.19 Accounts, Powers of Attorney 37 Section 2.20 Insurance 37 Section 2.21 Tangible Assets; Title to Property 38 Section 2.22 Minute Books 38 Section 2.23 Broker’s or Finder’s Fees; Transaction Expenses 38 Section 2.24 State Takeover Statutes. 38 Section 2.25 Full Disclosure 38 Section 2.26 No Additional Representations by Subcontractor 4 Article 4 – Submittals, O & M’s or Warranties 38 ARTICLE III Company Stockholders Release 39 Section 3.1 Waiver and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule Release 39 Section 3.2 Ownerhip of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction Company Capital Stock 39 Section 3.3 Absense of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Company Stockholders 41

Appears in 1 contract

Samples: Merger Agreement (Attunity LTD)

TABLE OF CONTENTS. RECITALS ARTICLE I DEFINITIONS 1 Contract Documents Section 1.1 Definitions 1 Subcontract ARTICLE II PURCHASE AND SALE; EARNOUT; CLOSING 11 Section 2.1 Purchase and Sale 11 Section 2.2 Closing Date Consideration 11 Section 2.3 Payments to Sellers 11 Section 2.4 Earnout 12 Section 2.5 Closing 13 Section 2.6 Purchase Price 1 Scope Adjustments 16 Section 2.7 Accounting Principles 19 Section 2.8 Withholding 19 ARTICLE III REPRESENTATIONS AND WARRANTIES OF THE SELLERS AS TO THE COMPANY 19 Section 3.1 Organization and Qualification 19 Section 3.2 Power and Authority; Enforceability 20 Section 3.3 Consents and Approvals 20 Section 3.4 No Conflict 20 Section 3.5 Subsidiaries 20 Section 3.6 Capitalization of Work 1 TERMS the Company; Indebtedness 21 Section 3.7 Financial Statements 21 Section 3.8 Absence of Changes 22 Section 3.9 Undisclosed Liabilities 22 Section 3.10 Significant Contracts 22 Section 3.11 Litigation 24 Section 3.12 Permits; Compliance With Law 24 Section 3.13 Labor and Employment Matters 25 Section 3.14 Employee Benefit Plans 26 Section 3.15 Assets 27 Section 3.16 Real Estate 27 Section 3.17 Tax Matters 28 Section 3.18 Insurance 30 Section 3.19 Affiliate Transactions 30 Section 3.20 Intellectual Property 30 Section 3.21 Significant Customers and Significant Vendors 32 Section 3.22 Environmental Matters 32 Section 3.23 Corporate Records 33 Section 3.24 No Brokers 33 Section 3.25 Bank Accounts; Names 33 ARTICLE IV REPRESENTATIONS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation and Representations by Subcontractor 4 Article 4 – SubmittalsWARRANTIES REGARDING THE SELLERS 33 Section 4.1 Title to Interests, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Noticesetc. 33 Section 4.2 Litigation, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17etc. 34

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Audioeye Inc)

TABLE OF CONTENTS. RECITALS 1 Contract Documents 1 Subcontract Price 1 Scope of Work 1 TERMS AND CONDITIONS 4 Article CHAP TER 1 - Entire DEFINITIONS Article 1-1.00 - Definitions 1 Article 1-2.00 - Objective of the Collective Agreement 4 Article CHAP TER 2 - Owners Representative J URIS DICTION AND FIELD OF APPLICATION Article 2-1.00 - Recognition of Local Parties 5 Article 2-2.00 - Recognition of National Parties 5 Article 2-3.00 - Field of Application 7 Article 2-4.00 - Contracting Out 10 Article 2-5.00 - Administrative Changes 10 Article 2-6.00 - Non-Discrimination 11 Article 2-7.00 - Sexual Harassment and Sexual Violence 12 Article 2-8.00 - Violence and Psychological Harassment 12 Article 2-9.00 - Equal Opportunity to Employment 14 CHAP TER 3 - UNION RIGHTS Article 3-1.00 - Union Security 15 Article 3-2.00 - Union Dues 15 Article 3-3.00 - Releases for Local Union Affairs 16 Article 3-4.00 - Releases for National Union Affairs 18 Article 3-5.00 - Meeting and Posting 19 CHAP TER 4 - PARTICIP ATION Article 3 – Investigation and Representations by Subcontractor 4 4-1.00 - Information 21 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 4-2.00 - Labour Relations Committee (L.R.C.) 24 CHAP TER 5 - Payment Procedures MOVEMENT OF PERSONNEL Article 5-1.00 - Engagement 27 Article 5-2.00 - Movement of Personnel 32 Article 5-3.00 - Seniority 38 Article 5-4.00 - Elimination of a Position Having an Incumbent 41 Article 5-5.00 - Employment Priority and Conditions 5 Engagement Priority 47 Article 5-6.00 - Employment Security 48 Article 5-7.00 - Placement Office 52 Article 5-8.00 - Disciplinary Measures 54 Article 5-9.00 - Temporary Layoff 55 Article 5-10.00 - Provisional Assignment of an Employee to Another Category of Personnel (Teaching Personnel or Non-Teaching Professional Personnel) 58 Article 5-11.00 - Loan of Service 59 CHAP TER 6 - Time SALARY CONDITIONS Article 6-1.00 - Particular Provisions Concerning Experience Acquired in 1983 61 Article 6-2.00 - Determination of the Class of Employment and Schedule Salary upon Engagement 61 Article 6-3.00 - Rules Concerning the Advancement in Step 62 Article 6-4.00 - Rules Concerning Promotion and Transfer 63 Article 6-5.00 - Creation of Work 6 New Classes of Employment and Modification to the Classification Plan 64 Article 6-6.00 - Premiums 65 Article 6-7.00 - Remuneration 67 Article 6-8.00 - Credit Union 69 Article 6-9.00 - Modes of Payment of Salary 70 Article 6-10.00 - Amounts to be Collected 72 CHAP TER 7 - Delays & Impacts 7 WORKING CONDITIONS AND SOCIAL BENEFITS Article 7-1.00 - Working Hours 73 Article 7-2.00 - Working Schedules 73 Article 7-3.00 - Overtime 75 Article 7-4.00 - Parental Rights 76 Article 7-5.00 - Legal Holidays 97 Article 7-6.00 - Annual Holidays Quanta 98 Article 7-7.00 - Annual Holidays 100 Article 7-8.00 - Hygiene and Safety 102 Article 7-9.00 - Apparel and Uniforms 103 Article 7-10.00 - Leave of Absence Without Pay 104 Article 7-11.00 - Civil Responsibility 105 Article 7-12.00 - Expense Allowances 105 Article 7-13.00 - Handicapped Employee 106 Article 7-14.00 - Life, Health and Salary Insurance Plans 107 Article 7-15.00 - Leave of Absence for a Public Office 119 Article 7-16.00 - Special Leaves of Absence 120 Article 7-17.00 - Sabbatical Leave Plan with Deferred or Anticipated Salary 124 Article 7-18.00 - Gradual Retirement 129 Article 7-19.00 - Voluntary Working Time Reduction Program 132 CHAP TER 8 - Contractors Right to Do Subcontractors Work 8 TRAINING AND PROFESSIONAL DEVELOP MENT Article 9 8-1.00 - Inspection, Testing General Provisions 136 Article 8-2.00 - Local Training and Correction of Work 8 Professional Development 136 Article 10 8-3.00 - Changes 8 Amount Allocated for Training and Professional Development 138 Article 11 8-4.00 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Skills Development 139

Appears in 1 contract

Samples: Collective Agreement

TABLE OF CONTENTS. RECITALS 1 Contract Documents 1 Subcontract Price 1 Scope of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement DESCRIPTION OF TRANSACTION 2 Section 1.1 Structure of the Merger 2 Section 1.2 Effects of the Merger 2 Section 1.3 Closing; Effective Time 2 Section 1.4 Certificate of Incorporation and Bylaws; Directors and Officers 3 Section 1.5 Conversion of Quoin Securities 3 Section 1.6 Closing of Quoin’s Transfer Books 4 Section 1.7 Exchange of Securities 5 Section 1.8 Appraisal Rights 6 Section 1.9 Further Action 7 Section 1.10 Tax Consequences 7 Section 1.11 Certificates 7 Section 1.12 Contingent Value Rights 7 Section 1.13 Escrow Shares 8 Article 2 - Owners Representative 4 Article 3 – Investigation REPRESENTATIONS AND WARRANTIES OF QUOIN PHARMACEUTICALS 9 Section 2.1 Subsidiaries; Due Organization; Organizational Documents 10 Section 2.2 Authority; Vote Required 10 Section 2.3 Non-Contravention; Consents 11 Section 2.4 Capitalization 11 Section 2.5 Financial Statements 12 Section 2.6 Absence of Changes 13 Section 2.7 Title to Assets 13 Section 2.8 Real Property; Leaseholds 13 Section 2.9 Intellectual Property 14 Section 2.10 Material Contracts 16 Section 2.11 Undisclosed Liabilities 19 Section 2.12 Compliance; Permits; Restrictions 19 Section 2.13 Tax Matters 21 Section 2.14 Employee and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Labor Matters; Benefit Plans 23 Section 2.15 Environmental Matters 28 Section 2.16 Insurance 28 Section 2.17 Legal Proceedings; Orders 28 Section 2.18 Inapplicability of Anti-takeover Statutes 29 Section 2.19 No Financial Advisor 29 Section 2.20 Disclosure 29 Section 2.21 Anti-Corruption 29 Section 2.22 Grants and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule Subsidies 29 Section 2.23 Export Controls 30 Section 2.24 Exclusivity of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Representations; Reliance 30

Appears in 1 contract

Samples: Merger Agreement (Cellect Biotechnology Ltd.)

TABLE OF CONTENTS. RECITALS 1 Contract Documents 1 Subcontract Price 1 Scope 4895-2136-9357 v.12 Section 2.01 Purchase 31 Section 2.02 Payments by the Company 31 Section 2.03 Effective Date; Effective Date Deliveries; Payment of Work 1 TERMS Purchase Price; Payments by the Company 32 Section 2.04 No Assumed Obligations 34 Article III REPRESENTATIONS AND CONDITIONS 4 WARRANTIES OF THE COMPANY 34 Section 3.01 Organization 34 Section 3.02 Authorization 35 Section 3.03 Governmental Authorization 35 Section 3.04 Ownership 35 Section 3.05 Financial Statements; Material Adverse Change 36 Section 3.06 No Undisclosed Liabilities 36 Section 3.07 Solvency 36 Section 3.08 Litigation 36 Section 3.09 Compliance with Laws 36 Section 3.10 Conflicts 37 Section 3.11 Subordination 38 Section 3.12 Intellectual Property 38 Section 3.13 Regulatory Approval 40 Section 3.14 Material Contracts 41 Section 3.15 Broker’s Fees 42 Section 3.16 Pension Matters 42 Section 3.17 Indebtedness and Liens 42 Section 3.18 Compliance of the Product 42 Section 3.19 Data Privacy 45 Section 3.20 Taxes 45 Section 3.21 Full Disclosure 45 Section 3.22 OFAC; Anti-Terrorism Laws 45 Section 3.23 Anti-Corruption 46 Article 1 - IV REPRESENTATIONS AND WARRANTIES OF THE PURCHASERS 46 Section 4.01 Organization 46 Section 4.02 Authorization 46 Section 4.03 Broker’s Fees 46 Section 4.04 Conflicts 47 Article V COVENANTS 47 Section 5.01 Access; Information 47 4895-2136-9357 v.12 Section 5.02 Material Contracts 49 Section 5.03 Public Announcement 49 Section 5.04 Efforts; Further Assurance 50 Section 5.05 Put Option; Call Option 50 Section 5.06 Intellectual Property 52 Section 5.07 Protective Covenants 53 Section 5.08 Notice 54 Section 5.09 Use of Proceeds 55 Section 5.10 Taxes 55 Section 5.11 Compliance with Laws and Other Obligations 57 Section 5.12 Maintenance of Properties, Etc. 57 Section 5.13 Licenses 57 Section 5.14 Maintenance of Regulatory Approvals, Contracts, Etc 57 Section 5.15 ERISA Compliance 58 Section 5.16 Commercialization of the Product 58 Section 5.17 Payment of Obligations 59 Article VI TERMINATION 59 Section 6.01 Termination Date 59 Section 6.02 Effect of Termination 59 Article VII MISCELLANEOUS 60 Section 7.01 Survival 60 Section 7.02 Limitations on Damages 60 Section 7.03 Notices 60 Section 7.04 Successors and Assigns 61 Section 7.05 Indemnification 61 Section 7.06 No Implied Representations and Warranties 63 Section 7.07 Independent Nature of Relationship 64 Section 7.08 Tax Treatment 64 Section 7.09 Entire Agreement 4 65 Section 7.10 Amendments; No Waivers 65 Section 7.11 Interpretation 65 Section 7.12 Headings and Captions 65 Section 7.13 Counterparts; Effectiveness 66 Section 7.14 Severability 66 Section 7.15 Expenses 66 Section 7.16 Governing Law; Jurisdiction 66 Section 7.17 Waiver of Jury Trial 66 Section 7.18 Release of Liens upon Certain Permitted Financings; Non-Disturbance; Intercreditor. 67 Section 7.19 Confidentiality 67 Article 2 - Owners Representative 4 Article 3 – Investigation VIII THE ADMINISTRATIVE AGENT 68 Section 8.01 Appointments and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - CleanDuties 68 4895-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 172136-9357 v.12

Appears in 1 contract

Samples: Revenue Interest Financing Agreement (Impel Pharmaceuticals Inc)

TABLE OF CONTENTS. RECITALS Definitions 1 Contract Documents 1 Subcontract Price 1 Scope Preamble 3 ARTICLE: I Recognition 4 Section 1: Recognition 4 Section 2: Division of Labor 4 II Management Rights 5 Section 1: Retention of Rights 5 Section 2: Uniform Application 5 Section 3: Contracting Out 5 Section 4: Exercise of Rights 5 III Dues Deduction/Fair Share 6 Section 1: Fair Share and Religious Exemption 6 Section 2: Deduction of Dues and Fees 6 Section 3: Maintenance of Membership 6 Section 4: Dues Transmittal/Hold Harmless 6 IV Union Rights 8 Section 1: Union Activity 8 Section 2: County-Union 9 Section 3: Information 9 Section 4: Protection of Rights 9 Section 5: Officers and Representatives 10 Section 6: Orientation of Union Employees 10 V Discipline and Discharge 11 Section 1: Causes for Discipline 11 Section 2: Pre-disciplinary Hearing 11 Section 3: Effective Date of Discipline 12 Section 4: Extension of Time 12 VI Grievance Procedure 13 Section 1: Purpose 13 Section 2: Grievance Steps 13 Section 3: Arbitration Guidelines 14 Section 4: General Provisions 14 Section 5: Time Limits 15 VII General Provisions 16 Section 1: Employee Information 16 Section 2: Personnel File 16 Section 3: Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule Rules 16 Section 4: Professional Nursing Matters 16 Section 5: Expense Reimbursement 16 Section 6: Non-discrimination 17 Section 7: Uniforms 17 Section 8: Parking 17 Section 9: Substance Abuse Policy 18 Section 10: Licenses 18 VIII Selection/Promotion 19 Section 1: Job Posting 19 Section 2: Legal Requirements 19 Section 3: Promotional Preference 19 Section 4: Lateral Transfers 20 Section 5: Department of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Public Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection Positions 21 Section 6: Reclassification 21 Section 7: Flex Staff Series 21 Section 8: Probationary Period 22 IX Hours of Work and Risk Overtime 23 Section 1: Workday/Workweek 23 Section 2: Normal Work Schedule 23 Section 3: Alternate Work Schedules 23 Section 4: Employee Work Schedule 23 Section 5: Overtime 24 Section 6: Meal/Rest Periods 24 Section 7: Reporting Place 25 Section 8: Shift Differential 25 Section 9: On-Call 25 X Wages 26 Section 1: Salary Range Adjustments 26 Section 2: Steps in Compensation Plan 26 Section 3: Promotion 26 Section 4: New or Revised Classifications 26 Section 5: Bilingual Differential 27 Section 6: Direct Deposit 27 XI Leave Time and Holidays 28 Section 1: Holidays 28 Section 2: Time Management 30 Section 3: Occupational Illness or Injury 33 Section 4: Disability Leave 33 Section 5: Personal Time Off (PTO) 34 Section 6: Bereavement 34 Section 7: Substantiation 34 Section 8: Jury Duty 35 Section 9: Leave of Loss 13 Article 18 - CleanAbsence 35 Section 10: Military Leave 35 Section 11: Unexcused Absence 36 Section 12: Subrogation 36 XII Insurance and Related 37 Section 1: Types of Insurance 37 Section 2: Health Insurance Plan Design 37 Section 3: Retirement Enrollment 38 Section 4: Retiree Health Benefits 38 Section 5: Personal Property 39 Section 6: Employee Assistance Program 39 Section 7: Fitness Membership 39 XIII Safety 40 Section 1: Safety Policy 40 Section 2: County-Up wide Safety Committee 40 Section 3: Protective Clothing and Use Tools 40 XIV Training 41 Section 1: Employee Requests 41 Section 2: Required Training 41 Section 3: Training Proposals 41 Section 4: Continuing Education 41 Section 5: Training for Certified Medical Assistants 42 XV Seniority 43 Section 1: Definition 43 Section 2: Continuous Service 43 Section 3: Seniority List 43 Section 4: Non-Bargaining Xxxx Xxxxxxxxx 00 XXX Xxxxxx and Recall 44 Section 1: Layoff 44 Section 2: Recall 44 Section 3: Responsibilities 45 Section 4: Opportunity for Work During Layoff 46 Section 5: Separate Classifications 46 Section 6: Protection/Rights During Layoff 46 Section 7: Termination for Exhaustion of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency Non-Occupational Disability Leave 46 XVII Relationships 48 Section 1: Change in Conditions 48 Section 2: Savings Clause 48 Section 3: Individual Agreements 48 Section 4: Joint Labor Relations Committee 48 XVIII Termination 49 Section 1: Duration 49 Section 2: Notice 49 Section 3: Effective Date 49 Section 4: Force of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by Agreement 49 Signature Page 50 Appendix A Flex Staff Classification Series 00 Xxxxxxxx X Classification 52 Lane County CoPay Plan 53 Lane County HSA Plan 54 Schedule A:Salary Schedule 55 Schedule B: Salary Schedule 56 Schedule C: Salary Schedule 57 For purposes of this Agreement, the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17following definitions shall apply:

Appears in 1 contract

Samples: Nurses Contract

TABLE OF CONTENTS. RECITALS 1 Contract Documents 1 Subcontract This Table of Contents is not part of the Agreement to which it is attached but is inserted for convenience only. Section 1.01 Definitions 7 Section 1.02 Certain Principles of Interpretation 23 Section 2.01 Purchase and Sale 24 Section 2.02 Escrow 24 Section 2.03 Closing Purchase Price 1 Scope 24 Section 2.04 Closing 24 Section 2.05 Adjustments to Purchase Price 24 Section 2.06 Further Assurances; Post-Closing Cooperation 26 Section 2.07 Withholding 27 Section 2.08 Pre-Closing Restructuring 27 Section 2.09 Purchase Price Allocation 27 Section 2.10 Post-Closing Excess Fuel Inventory Payments 28 Section 3.01 Legal Existence 29 Section 3.02 Authority 29 Section 3.03 No Conflicts 29 Section 3.04 Governmental or Regulatory Approvals; Filings 30 Section 3.05 The Company: Capitalization 30 Section 3.06 Legal Proceedings 31 Section 3.07 Brokers 32 Section 4.01 Legal Existence 32 Section 4.02 Authority 32 Section 4.03 No Conflicts 32 Section 4.04 Governmental or Regulatory Approvals; Filings 33 Section 4.05 Financial Statements and Condition 33 Section 4.06 No Undisclosed Liabilities 34 Section 4.07 Absence of Work 1 TERMS AND CONDITIONS 4 Article 1 - Changes 34 Section 4.08 Compliance with Laws 34 Section 4.09 Legal Proceedings 34 Section 4.10 Real Property 35 Section 4.11 Personal Property 35 Section 4.12 Intellectual Property 36 Section 4.13 Company Contracts 36 Section 4.14 Taxes 38 Section 4.15 Employee Matters 39 Section 4.16 Insurance 41 Section 4.17 Environmental Matters 41 Section 4.18 Permits and Regulatory Matters 43 Section 4.19 Affiliate Transactions 44 Section 4.20 Condition and Sufficiency of Assets 44 Section 4.21 ISO Good Standing 44 Section 4.22 Hedging Arrangements 45 Section 4.23 Inventory 45 Section 4.24 Brokers 45 Section 4.25 Planned Major Maintenance 45 Section 5.01 Legal Existence 45 Section 5.02 Authority 46 Section 5.03 No Conflicts 46 Section 5.04 Governmental or Regulatory Approvals 46 Section 5.05 Legal Proceedings 46 Section 5.06 Investment Representations 47 Section 5.07 Brokers 47 Section 5.08 Financing 47 Section 5.09 Exon-Xxxxxx 48 Section 6.01 Investigation by Purchaser 48 Section 6.02 Conduct of Business 49 Section 6.03 Certain Restrictions 49 Section 6.04 Governmental Approvals; Third Party Consents 52 Section 6.05 Governmental Filings 53 Section 6.06 Dividends and Distributions 54 Section 6.07 Supplemental Disclosure; Notice of Changes 54 Section 6.08 Termination of Agreements 54 Section 6.09 Financing Cooperation 54 Section 6.10 Books and Records 56 Section 6.11 Title Insurance 56 Section 6.12 Replacement of Security 56 Section 6.13 No Solicitation of Other Proposals 56 Section 6.14 Canal 3 Options 57 Section 6.15 Transaction Cooperation 57 Section 7.01 Governmental Approvals; Third Party Consents 57 Section 7.02 Governmental Filings 58 Section 7.03 Insurance 58 Section 7.04 Managers and Officers 58 Section 7.05 Investigation by Purchaser; No Other Representations; Non-Reliance of Purchaser 58 Section 7.06 Debt Financing 59 Section 7.07 Canal 3 Transaction Closing 61 Section 7.08 Financial Assurances 61 Section 8.01 Casualty 61 Section 8.02 Condemnation 62 Section 8.03 Certain Tax Matters 63 Section 8.04 Collective Bargaining Agreements 65 Section 8.05 Employee Matters 65 Section 8.06 Escrow Release 67 Section 8.07 Release 67 Section 8.08 Closing Conditions 68 Section 9.01 Representations and Warranties 68 Section 9.02 Performance 68 Section 9.03 Officers’ Certificates 68 Section 9.04 Orders and Laws 69 Section 9.05 Governmental or Regulatory Approvals 69 Section 9.06 Resignation of Members, Managers, Officers and Directors 69 Section 9.07 Closing Deliveries 69 Section 9.08 FIRPTA Certificate 69 Section 9.09 Escrow Agreement 69 Section 9.10 Canal 3 Transaction Closing 69 Section 9.11 Filing 69 Section 9.12 Approval of Transaction 69 Section 9.13 Frustration of Closing Conditions 70 Section 10.01 Representations and Warranties 70 Section 10.02 Performance 70 Section 10.03 Officer’s Certificates 70 Section 10.04 Orders and Laws 70 Section 10.05 Governmental or Regulatory Approvals 70 Section 10.06 Third-Party Consents 71 Section 10.07 Escrow Agreement 71 Section 10.08 Excess Fuel Inventory Security 71 Section 10.09 Closing Deliveries 71 Section 10.10 Frustration of Closing Conditions 71 Section 11.01 Survival 71 Section 11.02 Indemnification by Seller 72 Section 11.03 Indemnification by Purchaser 72 Section 11.04 Certain Limitations 72 Section 11.05 Indemnification Procedures 73 Section 11.06 Payments; R&W Insurance Policy 75 Section 11.07 Tax Treatment of Indemnification Payments 75 Section 11.08 Exclusive Remedies 75 Section 12.01 Termination 76 Section 12.02 Effect of Termination 77 Section 13.01 Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation 78 Section 13.02 Expenses; Payments 78 Section 13.03 Confidentiality 79 Section 13.04 Announcements 81 Section 13.05 No Waiver 81 Section 13.06 Amendments 81 Section 13.07 Addresses for Notices 82 Section 13.08 Specific Performance 83 Section 13.09 Captions 84 Section 13.10 Severability 84 Section 13.11 Assignment 84 Section 13.12 No Third-Party Beneficiary 84 Section 13.13 Disclaimer; Non-Recourse 84 Section 13.14 Counterparts 85 Section 13.15 Governing Law 85 Section 13.16 Consent to Jurisdiction 85 Section 13.17 Waiver of Jury Trial 86 Section 13.18 Disclosure 86 Section 13.19 Legal Representation 87 Section 13.20 Financing Sources 88 EXHIBIT A Project EXHIBIT B Surveys EXHIBIT C Form of Assignment and Assumption Agreement EXHIBIT D Form of FIRPTA Certificate EXHIBIT E Form of Escrow Agreement EXHIBIT F Form of Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Warranties Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Binder ANNEX A Working Capital Adjustment

Appears in 1 contract

Samples: Purchase and Sale Agreement (GenOn Energy, Inc.)

TABLE OF CONTENTS. RECITALS Agreement 1 Contract Documents Purpose of Agreement 1 Subcontract Price 1 Article I – Scope of Work 1 TERMS AND CONDITIONS 4 the Agreement 2 Article 1 II – Recognition and Union Security 3 Section 1: Bargaining Unit 3 Section 2: Dues Deduction 22 Section 3: Bulletin Boards 23 Section 4: Personnel Transactions 24 Section 5: Union Activity 25 Section 6: Union Conventions, Educational Classes and Bargaining Unit Conferences 26 Section 7: Printing of Agreement 28 Section 8: Attendance at Local Union Meetings, Monthly Xxxxxxx Meetings, or Monthly Local Union Executive Board Meetings 28 Section 9: Telephone, Email and Fax Use 29 Section 10: Mail Service 29 Section 11: Visitations 30 Section 12: Executive Board of Council 24 30 Section 13: Loss of Benefits 31 Section 14: Local Union Orientation 31 Section 15: Utilization of Technologies 32 Article III – Management Rights 33 Article IV – Grievance Procedure 34 Section 1: Definition 34 Section 2: Grievance Steps 34 Section 3: Arbitration Panel Procedures 36 Section 4: Retroactivity 37 Section 5: Exclusive Procedure 38 Section 6: Number of Representatives and Jurisdictions 38 Section 7: Union Grievances 39 Section 8: Processing Grievances 39 Section 9: Discipline 40 Section 10: Exclusion of Probationary Employes 41 Section 11: Pay Status of Arbitration Witnesses 41 Section 12: Special Arbitration Procedures 42 Section 13: Complaint Procedure 43 Section 14: Concentrated Performance Evaluation 44 Article V - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Seniority 45 Section 1: General 45 Section 2: Seniority Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 1745

Appears in 1 contract

Samples: Collective Bargaining Agreement

TABLE OF CONTENTS. RECITALS CONTRACT FORMAT INDEXING SYSTEM vi ARTICLE 1 Contract Documents – PARTIES TO THE AGREEMENT 1 Subcontract Price 1 Scope of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article ARTICLE 2 - Owners Representative 4 Article – RECOGNITION 2 ARTICLE 3 – Investigation TERM OF AGREEMENT 4 Section 1. Effective Date. 4 Section 2. Notice to Negotiate 4 Section 3. Commencing Negotiations 4 Section 4. Scheduling Negotiations 4 Section 5. Mediation and Representations by Subcontractor Binding Arbitration. 4 Article Section 6. Agreement Extension. 4 Section 7. Reopening of Agreement 5 Section 8. Process to Open Agreement During Term 5 ARTICLE 4 – Submittals, O & M’s COMPLETE AGREEMENT 6 ARTICLE 5 – SEPARABILITY 7 ARTICLE 6 – NO STRIKE/NO LOCKOUT 8 ARTICLE 7 – UNION RIGHTS 9 Section 1. Centralized State Payment System. 9 Section 2. Bulletin Boards 9 Section 3. Union Presentations at Trainings 9 Section 4. Homecare and Warranty Personal Support Worker New Member Orientation. 9 Section 5. Employer Indemnity 9 Section 6. Service Period and Deductions 10 Section 7. List of Representatives 10 Section 8. List and Information. 10 Section 9. New Provider List Information. 11 Section 10. Dues Deduction. 11 Section 11. Associated Costs 12 Section 12. Other Deductions 12 Section 13. Service Period and Deductions 13 Section 14. Personal Support Workers in the Independent Choices Program (ICP) 13 Section 15. Paycheck Remittance Advice. 13 ARTICLE 8 – PAYROLL/VOUCHER SYSTEMS 14 Section 1. Properly Completed Voucher or Timesheet 14 Section 2. Voucher Submission Timelines 15 Section 3. For PSWs Paid Through a Fiscal Intermediary 15 Section 4. Voucher Payment Processing Timelines 16 Section 5. Timely and Accurate Pay 18 Section 6. Payroll Transition for HCWs/PSWs 19 Section 7. Voucher Issuance Timelines 20 Section 8. Direct Deposit Options 20 Section 9. Termination of Employment 20 Section 10. Voucher Date Stamp Process 21 Section 11. HCW/PSW Credentials 21 ARTICLE 9 – NO DISCRIMINATION 23 Section 1. No Discrimination. 23 Section 2. Consumer Rights 23 ARTICLE 10 – OREGON HOME CARE COMMISSION REGISTRY (Registry) 24 Section 1. Inclusion in the Registry 24 Section 2. Definitions 24 Section 3. Available for Referral 25 Section 4. Online Referral Authorization 25 Section 5. Seeking Employment 26 Section 6. Registry Referrals and Consumer Choice 26 Section 7. Personal Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule – Credential Information Quarterly Review 26 Section 8. Unavailability for Referral in the Registry due to DHS/OHA Oregon Administrative Rule (OARs). Employment Status in one of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17State Provider Database Systems. 27

Appears in 1 contract

Samples: Collective Bargaining Agreement

TABLE OF CONTENTS. RECITALS 1 Contract Documents 1 Subcontract Price 1 Scope Overtime Payments: 10 Section 3. Shift Differential: 11 Section 4. Boiler License Premium: 11 Section 5. Pay Dates 11 Section 6. Attendance Incentive: 11 Section 7. Uniform Allowance: 11 Section 8. Food Service Certification Pay: 11 Section 9. Employees Substituting for Other Bargaining Unit Employees: 12 Section 10. Training for Education paraprofessionals: 12 Section 11. Building Checks: 12 Section 12. Minimum Callback Pay: 12 Section 13. Death of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation Employee: 12 Section 14. Longevity: 12 Section 15. Kids Company 13 ARTICLE VII 13 GROUP INSURANCE Section 1. Selection of Carrier 13 Section 2. Health and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Hospitalization Insurance 13 Section 3. Disability Insurance 14 Section 4. Term Life Insurance 15 Section 5. Claims Against the School District 15 Section 6. Duration of Insurance Contribution 15 Section 7. Establishment of a Variable Employee Beneficiary Association 15 (VEBA)with Health Reimbursements Arrangements (HRAs) for Active Employees Section 8. Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right Administrative Fee 15 Section 9. Employer Contributions to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party the HRA for Active Participants 16 ARTICLE VIII SEVERANCE PAY 16 Section 1. Eligibility 16 Section 2. Severance Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article ARTICLE IX 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17SCHOOL DISTRICT MATCH 403(B) TAX DEFFERED ANNUITY Section 1. Eligibility 17 ARTICLE X 17 LEAVES OF ABSENCE

Appears in 1 contract

Samples: Master Agreement

TABLE OF CONTENTS. RECITALS ARTICLE I Definitions 1 Contract Documents SECTION 1.01. Credit Agreement 1 Subcontract Price SECTION 1.02. Other Defined Terms 1 Scope ARTICLE II Guarantee 5 SECTION 2.01. Guarantee 5 SECTION 2.02. Guarantee of Work 1 TERMS Payment 5 SECTION 2.03. No Limitations 6 SECTION 2.04. Reinstatement 7 SECTION 2.05. Agreement to Pay; Subrogation 7 SECTION 2.06. Information 7 ARTICLE III Pledge of Securities 7 SECTION 3.01. Pledge 7 SECTION 3.02. Delivery of the Pledged Collateral 8 SECTION 3.03. Representations, Warranties and Covenants 8 SECTION 3.04. Certification of Limited Liability Company and Limited Partnership Interests 9 SECTION 3.05. Registration in Nominee Name; Denominations 9 SECTION 3.06. Voting Rights; Dividends and Interest 10 ARTICLE IV Security Interests in Personal Property 12 SECTION 4.01. Security Interest 12 SECTION 4.02. Representations and Warranties 14 SECTION 4.03. Covenants 15 SECTION 4.04. Other Actions 17 SECTION 4.05. Covenants Regarding Patent, Trademark and Copyright Collateral 19 ARTICLE V Remedies 20 SECTION 5.01. Remedies Upon Default 20 SECTION 5.02. Application of Proceeds 22 SECTION 5.03. Grant of License to Use Intellectual Property 23 SECTION 5.04. Securities Act 23 SECTION 5.05. Registration 24 ARTICLE VI Indemnity, Subrogation and Subordination 24 SECTION 6.01. Indemnity and Subrogation 24 SECTION 6.02. Contribution and Subrogation 25 SECTION 6.03. Subordination 25 ARTICLE VII Miscellaneous 25 SECTION 7.01. Notices 25 SECTION 7.02. Waivers; Amendment 25 SECTION 7.03. Administrative Agent’s Fees and Expenses; Indemnification 26 SECTION 7.04. Successors and Assigns 27 SECTION 7.05. Survival of Agreement 27 SECTION 7.06. Counterparts; Effectiveness; Several Agreement 27 SECTION 7.07. Severability 27 SECTION 7.08. Right of Set-Off 28 SECTION 7.09. Governing Law; Jurisdiction; Consent to Service of Process 28 SECTION 7.10. WAIVER OF JURY TRIAL 29 SECTION 7.11. Headings 29 SECTION 7.12. Security Interest Absolute 29 SECTION 7.13. Termination or Release 29 SECTION 7.14. Additional Subsidiaries 30 SECTION 7.15. Administrative Agent Appointed Attorney-in-Fact 30 SECTION 7.16. Specific Performance 30 Schedule I Subsidiary Guarantors Schedule II Pledged Equity Interests; Debt Securities Schedule III Intellectual Property Schedule IV Commercial Tort Claims Exhibit I Form of Supplement GUARANTEE AND CONDITIONS 4 Article 1 - Entire COLLATERAL AGREEMENT dated as of March , 2009, among XM SATELLITE RADIO INC. (“Holdings”), XM SATELLITE RADIO HOLDINGS INC. (the “Borrower”), the subsidiaries of Holdings and the Borrower from time to time party hereto and LIBERTY MEDIA CORPORATION (“LMC”), as Administrative Agent. Reference is made to the Amended and Restated Credit Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation dated as of March [ ], 2009 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among the Borrower, Holdings, the Lenders from time to time party thereto and Representations by Subcontractor 4 Article 4 – SubmittalsLMC, O & M’s as Administrative Agent. The Lenders have agreed to extend credit to the Borrower subject to the terms and Warranty Information 4 Article 5 - Payment Procedures conditions set forth in the Credit Agreement. The obligations of the Lenders to extend such credit are conditioned upon, among other things, the execution and Conditions 5 Article 6 - Time and Schedule delivery of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspectionthis Agreement. The Subsidiary Guarantors, Testing and Correction as Affiliates of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Noticesthe Borrower, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection Holdings, as the direct parent of Work Borrower, will derive substantial benefits from the extension of credit to the Borrower pursuant to the Credit Agreement and Risk of Loss 13 Article 18 - Clean-Up are willing to execute and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by deliver this Agreement in order to induce the Undersigned OfficersLenders to extend such credit. Accordingly, Directors, Shareholders and/or Members of Subcontractor 17the parties hereto agree as follows:

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Xm Investment LLC)

TABLE OF CONTENTS. RECITALS Article I DEFINITIONS 1 Contract Documents Section 1.1 Definitions 1 Subcontract Price 1 Scope Section 1.2 Construction 17 Section 1.3 Including 17 Article II ORGANIZATION 17 Section 2.1 Formation 17 Section 2.2 Company Name 17 Section 2.3 The Certificate, Etc 17 Section 2.4 Term of Work 1 TERMS the Company 17 Section 2.5 Registered Office, Registered Agent, Principal Office, Other Offices 17 Section 2.6 Purposes 18 Section 2.7 Powers of the Company 18 Section 2.8 Foreign Qualification 19 Section 2.9 No State Law Partnership 19 Section 2.10 Subsidiaries 20 Article III COMPANY INVESTMENTS; MEMBERSHIP; CAPITAL CONTRIBUTIONS 20 Section 3.1 Company Investments. 20 Section 3.2 Members 21 Section 3.3 No Liability of Members. 24 Section 3.4 Capital Contributions. 24 Section 3.5 Mortgage Loan; Financing 28 Section 3.6 Certification of Membership Interests 29 Section 3.7 Other Activities 29 Article IV CAPITAL ACCOUNTS 30 Section 4.1 Establishment and Determination of Capital Accounts 30 Section 4.2 Computation of Amounts 30 Section 4.3 Negative Capital Accounts 31 Section 4.4 Company Capital 31 Section 4.5 Adjustments to Book Value 31 Section 4.6 Compliance With Treasury Regulations Section 1.704-l(b) 32 Section 4.7 Transfer of Capital Accounts 32 Article V DISTRIBUTIONS; ALLOCATIONS OF PROFITS AND CONDITIONS 4 LOSSES 32 Section 5.1 Generally 32 Section 5.2 Initial Distribution 33 Section 5.3 Net Operating Cash Flow Distributions 33 Section 5.4 Profits Interest 33 Section 5.5 Allocation of Profits and Losses. 34 Section 5.6 Special Allocations 34 Section 5.7 Tax Allocations. 36 Section 5.8 Definitions. 36 Section 5.9 Section 754 Election 37 Article 1 - Entire VI MANAGEMENT POWER, RIGHTS AND DUTIES 38 Section 6.1 Management by the Members. 38 Section 6.2 Manager. 38 Section 6.3 Restrictions on Certain Actions 40 Section 6.4 Limitation on Authority of Members 41 Section 6.5 Meetings of and Voting by Members. 41 Section 6.6 Asset Management Fee 41 Section 6.7 Management Agreement 4 42 Section 6.8 Intentionally Omitted. 42 Section 6.9 Annual Operating Budget 42 Section 6.10 Reporting Requirements 43 Section 6.11 Agreements with PECO Affiliates 44 Section 6.12 Property Insurance 45 Section 6.13 Contribution Agreement 45 Article 2 - Owners Representative 4 Article 3 – Investigation VII EXCULPATION AND INDEMNIFICATION 46 Section 7.1 Performance of Duties; No Liability 46 Section 7.1 Confidential Information 46 Section 7.2 Transactions Between the Company and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors the Members. 47 Section 7.3 Right to Do Subcontractors Work 8 Indemnification 47 Section 7.4 Advance Payment 48 Section 7.5 Indemnification of Agents 48 Section 7.6 Indemnitor of First Resort 48 Section 7.7 Indemnity Survival Period 49 Section 7.8 Appearance as a Witness 49 Section 7.9 Nonexclusivity of Rights 49 Section 7.10 Insurance 49 Section 7.11 Savings Clause 49 Section 7.12 Limited Liability 49 Article 9 - Inspection, Testing VIII TAXES 50 Section 8.1 Tax Returns; Tax Elections 50 Section 8.2 Tax Matters Partner 50 Section 8.3 Reserves 51 Section 8.4 Code Section 83 Safe Harbor Election 51 Article IX TRANSFERS AND OTHER EVENTS 52 Section 9.1 Transfer of Interest 52 Section 9.2 Assignments Generally; Substituted Member 52 Section 9.3 Rights and Correction Obligations of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, Assignees and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Transferring Members

Appears in 1 contract

Samples: Limited Liability Company Agreement (Phillips Edison Grocery Center Reit Ii, Inc.)

TABLE OF CONTENTS. RECITALS 1 Contract Documents 1 Subcontract DEFINITIONS 2 Section 1.1 Certain Defined Terms 2 Section 1.2 Construction; Absence of Presumption 11 Section 1.3 Headings; Definitions 12 ARTICLE 2 PRELIMINARY TRANSACTIONS; SALE AND PURCHASE 12 Section 2.1 Acquisition of Newco 12 Section 2.2 Contribution and Exchange of Shares by Seller 13 Section 2.3 Newco Memorandum and Articles 13 Section 2.4 Sale and Purchase of the Shares 13 ARTICLE 3 CONDITIONS PRECEDENT 14 Section 3.1 Conditions of All Parties to Closing 14 Section 3.2 Conditions to Obligations of Purchasing Parties to Close 14 Section 3.3 Conditions to Obligation of Seller to Close 15 ARTICLE 4 THE CLOSING; POST-CLOSING ADJUSTMENT 15 Section 4.1 Closing 15 Section 4.2 Preliminary Information 15 Section 4.3 Consideration 16 Section 4.4 Seller’s Deliveries to Purchaser at Closing 16 Section 4.5 Purchaser’s Deliveries to Seller at Closing 17 Section 4.6 Proceedings at Closing 18 Section 4.7 Allocation of Consideration 18 Section 4.8 Post-Closing Procedures 18 Section 4.9 Appointment of Board 20 Section 4.10 Second Closing; Delivery of Share Consideration 20 Section 4.11 Delivery of Final Consideration 21 Section 4.12 Adjustments to Consideration 21 ARTICLE 5 REPRESENTATIONS AND WARRANTIES OF SELLER 21 Section 5.1 Organization; Qualification; Solvency 21 Section 5.2 Authorization; Binding Obligations 22 Section 5.3 Securities Law Matters 23 Section 5.4 Group Structure and Ownership 24 Section 5.5 No Conflicts 26 Section 5.6 Approvals 26 Section 5.7 Compliance with Laws 26 Section 5.8 Anti-Monopoly Matters 26 Section 5.9 Financial Facilities and Debt Obligations 27 Section 5.10 Licences 27 Section 5.11 Intellectual Property 27 Section 5.12 Assets 28 Section 5.13 Litigation and Investigations 28 Section 5.14 Financial Statements 29 Section 5.15 Events Since December 31, 2007 30 Section 5.16 Taxation 30 Section 5.17 Real Property 31 Section 5.18 Joint Venture 31 Section 5.19 Brokers 32 Section 5.20 All Material Matters Disclosed 32 Section 5.21 Own Investigations; No Reliance 32 Section 5.22 Warranties Limited 32 ARTICLE 6 REPRESENTATIONS AND WARRANTIES OF PURCHASER AND PARENT 33 Section 6.1 Organization; Qualification; Solvency 33 Section 6.2 Authorization; Binding Obligations 33 Section 6.3 No Conflicts 33 Section 6.4 Approvals 34 Section 6.5 Available Funds 34 Section 6.6 Acting as Principal; Investment Purpose 34 Section 6.7 Litigation 34 Section 6.8 Parent Shares 34 Section 6.9 Parent Reports; Financial Statements 35 Section 6.10 Brokers 35 Section 6.11 Own Investigations; No Reliance 35 Section 6.12 Warranties Limited 35 ARTICLE 7 COVENANTS 36 Section 7.1 Conduct of Business 36 Section 7.2 Settlement Deed 38 Section 7.3 Efforts 38 Section 7.4 No Solicitation; Exclusivity 38 Section 7.5 CEDC Share Price 1 Scope Guarantee 39 Section 7.6 Financial Statements 39 Section 7.7 Confidentiality 40 Section 7.8 Parent Guarantee 41 Section 7.9 Dividends 42 Section 7.10 New Management Company 42 Section 7.11 Trademark License Agreement 42 Section 7.12 Further Assurances 42 ARTICLE 8 TERMINATION 43 Section 8.1 Termination 43 Section 8.2 Effect of Work 1 TERMS AND CONDITIONS 4 Article 1 - Termination 44 ARTICLE 9 INDEMNIFICATION 44 Section 9.1 Indemnification of Purchaser 44 Section 9.2 Indemnification of Seller 44 Section 9.3 Claims 45 Section 9.4 9.4 Limitations on Liability 46 Section 9.5 Pro Rata Indemnification 49 Section 9.6 Insurance; Tax Benefits; Subrogation 49 Section 9.7 Remedies Exclusive 49 Section 9.8 Mitigation 50 Section 9.9 Recovery from Third Parties 50 ARTICLE 10 MISCELLANEOUS 50 Section 10.1 Notices 50 Section 10.2 Governing Law 53 Section 10.3 Dispute Resolution; Consent to Arbitration 53 Section 10.4 Counterparts 54 Section 10.5 Entire Agreement 4 Article 54 Section 10.6 Amendment, Modification and Waiver 54 Section 10.7 Severability 55 Section 10.8 Successors and Assigns; No Third-Party Beneficiaries 55 Section 10.9 Publicity 55 Section 10.10 Expenses 55 Section 10.11 Specific Performance and Other Equitable Relief 56 Schedule 1 The Group Schedule 2 - Owners Representative 4 Article 3 – Investigation Allocation of Consideration Exhibit A Form of Memorandum of Association of Newco Exhibit B Form of Articles of Association of Newco Exhibit C [Intentionally Omitted] Exhibit D Seller Knowledge Persons Exhibit E Form of Registration Rights Agreement Exhibit F [Intentionally Omitted] Exhibit G Term Sheet for Trademark License Agreement This SHARE SALE AND PURCHASE AGREEMENT (this “Agreement”) is entered into as of May 23, 2008, by and Representations by Subcontractor 4 Article 4 – Submittalsamong BARCLAYS WEALTH TRUSTEES (JERSEY) LIMITED in its capacity as trustee of THE FIRST NATIONAL TRUST, O & M’s a trust company incorporated under the laws of Jersey, having its registered office at 00-00, Xxxxx Xxxxxx, Xx. Xxxxxx, XX0 0XX Jersey, Channel Islands (the “Seller”), WHL HOLDINGS LIMITED, a company incorporated under the laws of the Republic of Cyprus, whose registered office is located at Chrysanthou Xxxxxx, 0 Xxxxxx, X.X. 0000 Xxxxxxxx, Xxxxxx (“Whitehall”), POLMOS BIALYSTOK S.A., a joint stock company incorporated under the laws of Poland, whose registered office is located at xx. Xxxxxxxxxxx Xx. 00, 00-000 Xxxxxxxxx, Xxxxxx (“Purchaser”) and Warranty Information 4 Article 5 - Payment Procedures CENTRAL EUROPEAN DISTRIBUTION CORPORATION, a corporation incorporated under the laws of the State of Delaware in the United States of America, whose registered office is at 0 Xxxx Xxxxx, Xxxxx 000, Xxxx Xxxxxx, Xxxxxxxxxxxx 00000, X.X.X. (the “Parent” and Conditions 5 Article 6 - Time together with Purchaser, the “Purchasing Parties”), (Seller, Whitehall, Purchaser and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - InspectionParent, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Lienscollectively, Stop Noticesthe “Parties”, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officerseach, Directorsindividually, Shareholders and/or Members of Subcontractor 17a “Party”).

Appears in 1 contract

Samples: Share Sale and Purchase Agreement (Central European Distribution Corp)

TABLE OF CONTENTS. RECITALS The Agreement is arranged as follows: Page PART 1 Contract Documents 1 Subcontract Price 1 Scope PRELIMINARY 2 1.1 Title 2 1.2 Table of Work 1 Contents 2 1.3 Parties Bound 4 1.4 Commencement Date and Period of Operation 4 1.5 Purpose of Agreement 4 PART 2 – TERMS AND CONDITIONS OF EMPLOYMENT 4 2.1 Full Time Employment 4 2.2 Casual Employment 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 2.3 Dispute Settlement Procedure 5 2.4 Consultation on Major Change 6 2.5 Relocation 7 2.6 Redeployment 7 2.7 Trial Period 8 2.8 Preservation: Relocation and Redeployment Entitlements 8 2.9 Removal Expenses 9 2.10 Severance Pay 9 2.11 Counselling and Disciplinary Procedure 10 2.12 Abandonment of Employment 10 2.13 Notice of Termination 10 PART 3 – Investigation REMUNERATION 10 3.1 Approach 10 3.2 Wage Rates and Representations by Subcontractor 4 Article Allowances 11 3.3 Future Wage Increases and Payment 11 3.4 Allowances 12 3.5 Higher Duties Payment 13 3.6 Leave Loading 13 3.7 Superannuation 13 Page PART 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule HOURS OF WORK 14 4.1 Operational Efficiency 14 4.2 Ordinary Hours of Work – Day Work 14 4.3 Shift Work 15 4.4 Rostered Days Off (RDO) 15 4.5 Crib Breaks and Washing Time 15 4.6 Overtime 16 4.7 Call Back 17 4.8 Make Up Time 17 4.9 UAL/Plant Close Down Periods 17 PART 5 – PUBLIC HOLIDAYS AND LEAVE 17 5.1 Public Holidays 17 5.2 Annual Leave 18 5.3 Personal Leave 19 5.4 Carer’s Leave 19 5.5 Compassionate Leave 21 5.6 Jury Service 21 5.7 Long Service 21 5.8 Parental Leave 22 PART 6 Article – OCCUPATIONAL HEALTH & SAFETY 22 6.1 Introduction 22 6.2 Employee Health Surveillance Program 22 6.3 Drugs and Alcohol in the Workplace 24 6.4 Smoking in the Workplace 24 6.5 Protective Workwear and Apparatus 25 PART 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing – BEST PRACTICE STRATEGIES 26 7.1 Consultative Committee 26 7.2 Joint Commitment 27 7.3 Training 27 7.4 Introduction of New Technology 28 Appendix 1 – Competency Standards Framework 30 Appendix 2 – UAL Granville Operations Safety Incentive Scheme 33 Appendix 3 – Unimin Counselling and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Disciplinary Policy 36

Appears in 1 contract

Samples: Workplace Agreement

TABLE OF CONTENTS. RECITALS CONTRACT FORMAT INDEXING SYSTEM ix ARTICLE 1 Contract Documents – PARTIES TO THE AGREEMENT 1 Subcontract Price 1 Scope of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article ARTICLE 2 - Owners Representative 4 Article – RECOGNITION 2 ARTICLE 3 – Investigation TERM OF AGREEMENT 4 Section 1. Effective Date. 4 Section 2. Notice to Negotiate. 4 Section 3. Commencing Negotiations. 4 Section 4. Scheduling Negotiations. 4 Section 5. Mediation and Representations by Subcontractor Binding Arbitration. 4 Article Section 6. Agreement Extension. 5 Section 7. Process to Open Agreement During Term 5 ARTICLE 4 – Submittals, O & M’s COMPLETE AGREEMENT 6 ARTICLE 5 – SEPARABILITY 7 ARTICLE 6 – NO STRIKE/NO LOCKOUT 8 ARTICLE 7 – UNION RIGHTS 9 Section 1. Centralized State Payment System. 9 Section 2. Bulletin Boards. 9 Section 3. 9 Section 4. Union Presentations at OHCC Trainings. 10 Section 5. Union Rights Related to CareWell 503 10 Section 6. Union Representation – Provider Recruitment at OHCC Events Orientation. 10 Section 7. Employer Indemnity. 10 Section 8. Service Period and Warranty Information 4 Article 5 - Payment Procedures Deductions. 11 Section 9. List of Representatives. 11 Section 10. List and Conditions 5 Article 6 - Information. 11 Section 11. New Provider List Information. 12 Section 12. Dues Deduction. 12 Section 13. Associated Costs 13 Section 14. Other Deductions. 13 Section 15. Service Period and Deductions. 13 Section 16. Personal Support Workers in the Independent Choices Program (ICP). 14 Section 17. Paycheck Remittance Advice. 14 Section 18. Quarterly Provider number Termination Report 15 ARTICLE 8 – PAYROLL SYSTEMS 16 Section 1. Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Submission. 16

Appears in 1 contract

Samples: Collective Bargaining Agreement

TABLE OF CONTENTS. RECITALS ARTICLE I DEFINITIONS 1 Section 1.1 Definitions 1 Section 1.2 Construction 9 ARTICLE II PURCHASE AND SALE 10 Section 2.1 The Purchase and Sale 10 Section 2.2 First Closing 11 Section 2.3 Second Closing 12 ARTICLE III REPRESENTATIONS AND WARRANTIES OF THE COMPANY 13 Section 3.1 Organization and Qualification 13 Section 3.2 Authorization; Enforcement; Validity 13 Section 3.3 Issuance of Securities 14 Section 3.4 No Conflicts 14 Section 3.5 Consents 14 Section 3.6 No General Solicitation; Agents’ Fees 15 Section 3.7 Application of Takeover Protections; Rights Agreement 15 Section 3.8 SEC Documents; Financial Statements 15 Section 3.9 Absence of Certain Changes 17 Section 3.10 Conduct of Business; Regulatory Permits 17 Section 3.11 Certain Regulatory Matters 18 Section 3.12 Sxxxxxxx-Xxxxx Act 19 Section 3.13 Transactions With Affiliates 19 Section 3.14 Capitalization 19 Section 3.15 Indebtedness 20 Section 3.16 Material Contracts 20 Section 3.17 Litigation 21 Section 3.18 Insurance 21 Section 3.19 Employee Relations 21 Section 3.20 Title 22 Section 3.21 Intellectual Property Rights 23 Section 3.22 Environmental Laws 24 Section 3.23 Tax Status 25 Section 3.24 Investment Company Status 25 Section 3.25 U.S. Real Property Holding Corporation 25 Section 3.26 Registration Eligibility 25 Section 3.27 Transfer Taxes 25 Section 3.28 Shell Company Status 25 Section 3.29 ERISA Compliance 26 Section 3.30 Management 26 Section 3.31 FDA 27 Section 3.32 Stock Option Plans 27 Section 3.33 No Disqualification Events 27 Section 3.34 No Integrated Offering 28 Section 3.35 Regulation M Compliance 28 Section 3.36 Proxy Statement 28 Section 3.37 Specified Contract Documents 1 Subcontract Price 1 Scope 28 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF THE PURCHASER 28 Section 4.1 Organization 28 Section 4.2 Organizational Power and Authority 28 Section 4.3 Execution and Delivery 28 Section 4.4 No Conflict 29 Section 4.5 Consents and Approvals 29 Section 4.6 No Registration 29 Section 4.7 Purchasing Intent 29 Section 4.8 Sophistication; Investigation 29 Section 4.9 Sufficient Funds 30 Section 4.10 Bad Actor 30 Section 4.11 Disclaimer of Work 1 TERMS AND Other Representations and Warranties 30 ARTICLE V ADDITIONAL COVENANTS 30 Section 5.1 Covenants of the Company 30 Section 5.2 Pre-Closing Exclusivity 33 Section 5.3 [Reserved] 33 Section 5.4 Stockholder Approval 34 Section 5.5 Registration Rights Agreement 35 Section 5.6 Integration 35 Section 5.7 Required Minimum 35 Section 5.8 Acknowledgment of Dilution 36 Section 5.9 Expense Reimbursement 36 Section 5.10 Blue Sky Filings 36 ARTICLE VI CONDITIONS 4 Article 1 - TO THE OBLIGATIONS OF THE PARTIES 36 Section 6.1 Conditions to the Obligations of the Purchaser at the First Closing 36 Section 6.2 Conditions to the Obligations of the Company at the First Closing 38 Section 6.3 Conditions to the Obligations of the Purchaser at the Second Closing 38 Section 6.4 Conditions to the Obligations of the Company at the Second Closing 39 ARTICLE VII INTENTIONALLY OMITTED 40 ARTICLE VIII TERMINATION 40 Section 8.1 Termination 40 Section 8.2 Effect of Termination 42 Section 8.3 Termination Fee 42 Section 8.4 Second Closing Abandonment 42 ARTICLE IX GENERAL PROVISIONS 43 Section 9.1 Notices 43 Section 9.2 Assignment; Third-Party Beneficiaries 44 Section 9.3 Prior Negotiations; Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation 44 Section 9.4 Governing Law; Venue: Forum 44 Section 9.5 Waiver of Jury Trial 44 Section 9.6 Counterparts 44 Section 9.7 Waivers and Representations Amendments; Rights Cumulative; Consent; Severability 45 Section 9.8 Headings 45 Section 9.9 Specific Performance 45 Section 9.10 Publicity 45 Section 9.11 No Recourse 46 Section 9.12 Limitation of Liability 46 Section 9.13 Further Assurances 46 Section 9.14 Survival 46 Exhibit A Investor Rights Agreement Exhibit B Warrant Certificate Exhibit C Voting Agreement Exhibit D Registration Rights Agreement THIS SECURITIES PURCHASE AGREEMENT (together with all Exhibits and Schedules hereto, as each may be amended, restated, amended and restated, supplemented or otherwise modified from time to time in accordance with the terms hereof, this “Agreement”), dated as of April 12, 2020, is made by Subcontractor 4 Article 4 – Submittalsand between (i) Entasis Therapeutics Holdings Inc., O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Noticesa Delaware corporation (the “Company”), and Third Party Payment Claims 11 (ii) Innoviva, Inc. (the “Purchaser”). The Company and the Purchaser are referred to herein individually as a “Party,” and, collectively as the “Parties.” Capitalized terms used herein and not otherwise defined herein are defined in Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17I hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Entasis Therapeutics Holdings Inc.)

TABLE OF CONTENTS. RECITALS ARTICLE 1 Contract Documents DEFINITIONS 1 Subcontract Price SECTION 1.01 Certain Terms Defined 1 Scope ARTICLE 2 SECURITY FORMS 5 SECTION 2.01 Forms Generally 5 SECTION 2.02 Form of Work 1 TERMS Trustee’s Certificate of Authentication 5 ARTICLE 3 ISSUE, EXECUTION, FORM AND CONDITIONS REGISTRATION OF SECURITIES 6 SECTION 3.01 Amount Unlimited; Issuable in Series 6 SECTION 3.02 Authentication and Delivery of Securities 8 SECTION 3.03 Execution of Securities 9 SECTION 3.04 Certificate of Authentication 9 SECTION 3.05 Denomination and Date of Securities; Payments of Interest 9 SECTION 3.06 Global Security Legend 10 SECTION 3.07 Registration, Transfer and Exchange 10 SECTION 3.08 Book-Entry Provisions for Global Securities 12 SECTION 3.09 Mutilated, Defaced, Destroyed, Lost and Stolen Securities 13 SECTION 3.10 Cancellation of Securities 14 SECTION 3.11 Temporary Securities 14 SECTION 3.12 Computation of Interest 15 SECTION 3.13 CUSIP and ISIN Numbers 15 ARTICLE 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation CERTAIN COVENANTS 15 SECTION 4.01 Payment of Principal, Premium and Representations Interest on Securities 15 SECTION 4.02 Maintenance of Office or Agency 15 SECTION 4.03 Money for Securities Payments to be Held in Trust 16 SECTION 4.04 Existence 17 SECTION 4.05 Statement by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule Officers as to Default 17 SECTION 4.06 Waiver of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor Certain Covenants 17

Appears in 1 contract

Samples: Indenture (Dendreon Corp)

TABLE OF CONTENTS. RECITALS 1 Contract Documents 1 Subcontract Price 1 Scope ARTICLE I DEFINITIONS AND TERMS 2 Section 1.1 Definitions 2 Section 1.2 Other Definitional Provisions 10 ARTICLE II THE MERGER 10 Section 2.1 The Merger 10 Section 2.2 Closing; Closing Date 10 Section 2.3 Effective Time 10 Section 2.4 Certificate of Work 1 TERMS Incorporation and Bylaws of the Surviving Corporation 11 Section 2.5 Directors and Officers of the Surviving Corporation 11 Section 2.6 Further Action 11 ARTICLE III CONVERSION OF SHARES 11 Section 3.1 Effects of the Merger 11 Section 3.2 Exchange of Certificates Representing Shares; Payments 12 Section 3.3 Withholding Rights 14 Section 3.4 Dissenting Shares 14 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF THE COMPANY 15 Section 4.1 Organization 15 Section 4.2 Certificate of Incorporation 15 Section 4.3 Capitalization 15 Section 4.4 Authorization; Validity of Agreement; Opinion of Financial Advisor 15 Section 4.5 Subsidiaries 16 Section 4.6 Consents and Approvals; No Violation 17 Section 4.7 SEC Reports; Internal Control 17 Section 4.8 Proxy Statement; Other Information 18 Section 4.9 No Undisclosed Liabilities 18 Section 4.10 Absence of Certain Changes 18 Section 4.11 Litigation; Orders 19 Section 4.12 Compliance with Law 19 Section 4.13 Taxes 19 Section 4.14 Material Contracts 20 Section 4.15 Intellectual Property 20 Section 4.16 Real Property 21 Section 4.17 Brokers or Finders 21 Section 4.18 Antitakeover Statutes 21 Section 4.19 Company Stockholder Approval 21 Section 4.20 Insurance 21 Section 4.21 Employee Matters 22 Section 4.22 Environmental Matters 22 Section 4.23 No Additional Representations 22 ARTICLE V REPRESENTATIONS AND WARRANTIES OF PARENT AND MERGER SUB 23 Section 5.1 Organization 23 Section 5.2 Capitalization 23 Section 5.3 Authorization; Validity of Agreement; Necessary Action 23 Section 5.4 Consents and Approvals; No Violations 24 Section 5.5 Proxy Statement; Other Information 24 Section 5.6 Parent’s Operations 24 Section 5.7 Merger Sub’s Operations 24 Section 5.8 Brokers or Finders 24 Section 5.9 Share Ownership 24 Section 5.10 Certain Contracts 25 Section 5.11 Independent Investigation 25 Section 5.12 Non-Reliance on Company Estimates 25 Section 5.13 Equity Financing 25 Section 5.14 Undertaking 26 Section 5.15 Solvency 26 Section 5.16 Absence of Litigation 26 Section 5.17 No Other Representations 26 ARTICLE VI CONDUCT OF BUSINESS PENDING THE MERGER 26 Section 6.1 Conduct of Business by the Company 26 Section 6.2 No Solicitation 28 Section 6.3 Operation of Parent’s and Merger Sub’s Business 30 Section 6.4 No Control of Other Party’s Business 30 ARTICLE VII ADDITIONAL AGREEMENTS 31 Section 7.1 SEC Filings; Other Actions 31 Section 7.2 Stockholders’ Meeting 31 Section 7.3 Access to Information 32 Section 7.4 Publicity 32 Section 7.5 Directors’ and Officers’ Insurance and Indemnification 33 Section 7.6 Reasonable Best Efforts 34 Section 7.7 Section 16 Matters 35 Section 7.8 Antitakeover Statutes 35 Section 7.9 Stock Exchange Delisting 35 Section 7.10 Obligations of Merger Sub 35 Section 7.11 Equity Financing 36 Section 7.12 No Amendment to Transaction Agreements 36 Section 7.13 Participation in Litigation 36 Section 7.14 Actions Taken at Direction or Acquiescence of Parent or Merger Sub; Knowledge of Parent and Merger Sub 36 Section 7.15 Deposit 36 ARTICLE VIII CONDITIONS 4 Article 1 - TO THE MERGER 37 Section 8.1 Conditions to Each Party’s Obligation to Effect the Merger 37 Section 8.2 Conditions to the Obligations of Parent and Merger Sub 37 Section 8.3 Conditions to Company’s Obligations to Effect the Merger 38 Section 8.4 Frustration of Conditions 38 ARTICLE IX TERMINATION 38 Section 9.1 Termination 38 Section 9.2 Effect of Termination 39 Section 9.3 Fees Following Termination 40 ARTICLE X MISCELLANEOUS 41 Section 10.1 Amendment and Modification 41 Section 10.2 Nonsurvival of Representations and Warranties 41 Section 10.3 Notices 42 Section 10.4 Interpretation 43 Section 10.5 Counterparts 43 Section 10.6 Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation 43 Section 10.7 Parties in Interest 43 Section 10.8 Severability 43 Section 10.9 Governing Law 43 Section 10.10 Disputes 43 Section 10.11 Specific Performance 44 Section 10.12 Assignment 45 Section 10.13 Confidentiality 45 Section 10.14 Expenses 45 Section 10.15 Headings 45 Section 10.16 Waivers 45 Section 10.17 Special Committee Approval 45 EXHIBIT A A-1 SCHEDULE 4.13 A-1 THIS AGREEMENT AND PLAN OF MERGER, dated as of November 29, 2019 (this “Agreement”), is entered into by and Representations by Subcontractor 4 Article 4 – Submittalsamong SORL Auto Parts, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - InspectionInc., Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liensa Delaware corporation (the “Company”), Stop NoticesRuili International Inc., a Delaware corporation (“Parent”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection Ruili International Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of Work Parent (“Merger Sub”). Capitalized terms used herein (including in the immediately preceding sentence) and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by not otherwise defined herein shall have the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17meanings set forth in Section 1.1 hereof.

Appears in 1 contract

Samples: Merger Agreement (SORL Auto Parts Inc)

TABLE OF CONTENTS. RECITALS BUSINESS COMBINATION AGREEMENT 1 Contract RECITALS: 1 ARTICLE I CERTAIN DEFINITIONS 3 Section 1.1 Definitions 3 Section 1.2 Other Defined Terms 18 ARTICLE II CLOSING 20 Section 2.1 Closing of the Transactions 20 Section 2.2 Closing Statements; Payment Spreadsheet 20 Section 2.3 Closing Transactions 20 Section 2.4 Withholding Rights 21 ARTICLE III THE ARRANGEMENT 22 Section 3.1 The Arrangement 22 Section 3.2 Treatment of Company Warrants 26 Section 3.3 Effect of the Arrangement 26 ARTICLE IV THE MERGER 27 Section 4.1 Effective Time 27 Section 4.2 The Merger 27 Section 4.3 Effect of the Merger 27 Section 4.4 Governing Documents 1 Subcontract Price 1 Scope 27 Section 4.5 Directors and Officers of Work 1 TERMS the Surviving Company 27 Section 4.6 Effect of the Merger on Securities of SPAC and Merger Sub 27 Section 4.7 Taking of Necessary Action; Further Action 29 ARTICLE V REPRESENTATIONS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation WARRANTIES RELATING TO THE GROUP COMPANIES 29 Section 5.1 Organization and Qualification 29 Section 5.2 Capitalization of the Group Companies 29 Section 5.3 Authority 30 Section 5.4 Financial Statements; Undisclosed Liabilities. 31 Section 5.5 Consents and Requisite Governmental Approvals; No Violations 32 Section 5.6 Permits 32 Section 5.7 Material Contracts 33 Section 5.8 Absence of Changes 35 Section 5.9 Litigation 35 Section 5.10 Compliance with Applicable Law 36 Section 5.11 Employee Benefit Plans 36 Section 5.12 Environmental Matters 37 Section 5.13 Intellectual Property 38 Section 5.14 Labor Matters 40 Section 5.15 Insurance 43 Section 5.16 Tax Matters 43 Section 5.17 Brokers 46 Section 5.18 Real and Personal Property 46 Section 5.19 Rights-of-Way 47 Section 5.20 Cannabis Matters 47 Section 5.21 Transactions with Affiliates 50 Section 5.22 Data Privacy and Security 50 Section 5.23 Compliance with International Trade & Anti-Corruption Laws 51 Section 5.24 Reporting Issuer 52 Section 5.25 Information Supplied 52 Section 5.26 Investigation; No Other Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 1752 Section 5.27 EXCLUSIVITY OF REPRESENTATIONS AND WARRANTIES 53

Appears in 1 contract

Samples: Business Combination Agreement (Arogo Capital Acquisition Corp.)

TABLE OF CONTENTS. RECITALS Article No. 1 Contract Documents – Preamble 1 Subcontract Price Article No. 2 – Definitions 1 Scope of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article No. 3 – Investigation and Representations by Subcontractor 4 Term of Collective Agreement 2 Article No. 4 – SubmittalsManagement Rights 2 Article No. 5 – Union Recognition, O & M’s Dues and Warranty Information 4 Representation 2 Article 5 - Payment Procedures and Conditions No. 6 – No Discrimination 5 Article 6 - Time and Schedule of Work 6 No. 7 – Salaries 5 Article 7 - Delays & Impacts 7 Article No. 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection – Hours of Work and Risk Shift Schedules 5 Article No. 9 – Overtime and Call Back Pay 7 Article No. 10 – Other Premiums and Allowances 9 Article No. 11 – No Pyramiding 9 Article No. 12 – Named Holidays 9 Article No. 13 – Annual Vacation 11 Article No. 14 – Leaves of Loss Absence 13 Article 18 - Clean-Up No. 15 – Health and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds Disability Benefits 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes No. 16 – Posting, Selection, Probationary Period and Trial Term 16 Article 26 - Insolvency No. 17 – Seniority 17 Article No. 18 – Discipline, Dismissal and Resignation 18 Article No. 19 – Lay-off and Recall 19 Article No. 20 – Regular Part-time Employees 22 Article No. 21 – Casual Employees 25 Article No. 22 – Education and Training 28 Article No. 23 – Grievance Procedure 28 Article No. 24 – Arbitration 30 Salary Appendix 31 Letter of Subcontractor 16 Understanding #1 32 Re: Counselor Classification Letter of Understanding #2 33 Re: Wage Rates Letter of Understanding #3 34 Re: Training Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17No. 1 – Preamble‌

Appears in 1 contract

Samples: Collective Agreement

TABLE OF CONTENTS. RECITALS Section Heading Page Section 1 Contract Authorization of Notes. 1 Section 2 Sale and Purchase of Notes. 1 Section 3 Closing. 2 Section 4 Conditions to Closing. 2 Section 4.1 Representations and Warranties 3 Section 4.2 Performance; No Default 3 Section 4.3 Compliance Certificates 3 Section 4.4 Opinion of Counsel 3 Section 4.5 Purchase Permitted By Applicable Law, Etc 3 Section 4.6 XXXXX and ISIN Number 3 Section 4.7 Changes in Corporate Structure 3 Section 4.8 Funding Instructions 3 Section 4.9 Proceedings and Documents 1 Subcontract Price 1 Scope 4 Section 5 Representations and Warranties of Work 1 TERMS AND CONDITIONS the Company. 4 Article 1 - Entire Agreement Section 5.1 Organization; Power and Authority 4 Article 2 - Owners Representative Section 5.2 Authorization, Etc 4 Article 3 – Investigation Section 5.3 Disclosure 4 Section 5.4 Organization and Representations Ownership of Shares of Subsidiaries; Affiliates 4 Section 5.5 Financial Statements; Material Liabilities 5 Section 5.6 Compliance with Laws, Other Instruments, Etc 5 Section 5.7 Governmental Authorizations, Etc 5 Section 5.8 Litigation; Observance of Statutes and Orders 5 Section 5.9 Taxes 6 Section 5.10 Title to Property; Leases 6 Section 5.11 Licenses, Permits, Etc 6 Section 5.12 Employee Benefit Plans 6 Section 5.13 Private Offering by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article the Company 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Section 5.14 Use of Site Proceeds; Margin Regulations 7 Section 5.15 Material Credit Facilities 7 Section 5.16 Foreign Assets Control Regulations, Etc 8 Section 5.17 Status under Certain Statutes 8 Section 6 Representations of the Purchaser. 9 Section 6.1 Purchase for Investment 9 Section 6.2 Source of Funds 9 Section 7 Information as to Company. 11 Section 7.1 Financial and Business Information 11 Section 7.2 Officer’s Certificate 13 Article Section 7.3 Visitation 13 Section 7.4 Electronic Delivery 14 Section 8 Payment, Prepayment and Redemption of the Notes. 14 Section 8.1 Required Prepayments and Prepayment in Connection with a Change of Control 14 Section 8.2 Optional Redemption 15 Section 8.3 Interest Payments 16 Section 8.4 Maturity; Surrender, Etc 16 Section 8.5 Payments Due on Non-Business Days 16 Section 9 Affirmative Covenants. 16 Section 9.1 Compliance with Laws 16 Section 9.2 Corporate Existence; Listing and Status under Applicable Law 16 Section 9.3 Priority of Obligations 17 Section 9.4 Books and Records 17 Section 9.5 Rating of the Notes 17 Section 9.6 Cash Balances 17 Section 9.7 Rating Step Up 17 Section 10 Negative Covenants. 18 Section 10.1 Transactions with Affiliates 18 Section 10.2 Merger, Consolidation, Sale or Transfer of Assets 18 Section 10.3 Sale of Assets 19 - Superintendent/Foreperson Section 10.4 Dividends and Distributions 19 Section 10.5 Debt Incurrence 19 Section 10.6 Financial Covenants 20 Section 11 Events of Default. 20 Section 12 Remedies on Default, Etc. 21 Section 12.1 Acceleration 21 Section 12.2 Other Remedies 22 Section 12.3 Rescission 22 Section 12.4 No Waivers or Election of Remedies, Expenses, Etc 22 Section 13.1 Registration of Notes 22 Section 13.2 Transfer and Exchange of Notes 23 Section 13.3 Replacement of Notes 23 Section 14 Article 20 - Warranty Payments on Notes. 24 Section 14.1 Paying Agent 24 Section 14.2 FATCA Information 24 Section 15 Expenses, Etc. 24 Section 15.1 Certain Fees and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Expenses 24

Appears in 1 contract

Samples: Note Purchase Agreement (Medallion Financial Corp)

TABLE OF CONTENTS. RECITALS Parties to the Agreement 1 Contract Documents Purpose 1 Subcontract Price Meet and Confer 1 Scope of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 – Recognition 1 Article 2 - Owners Representative 4 – Implementation of Agreement 1 Article 3 – Investigation and Representations by Subcontractor 4 Term 2 Article 4 – Submittals, O & M’s and Warranty Information Renegotiation 2 Article 5 – Salary 3 Article 6 – Flexible Benefits Plan 4 Article 5 - Payment Procedures and Conditions 7 – Retirement Benefits 5 Article 6 - Time and Schedule of Work 8 – Bereavement Leave 6 Article 7 - Delays & Impacts 7 9 – Mileage and Travel Reimbursement 6 Article 8 - Contractors Right to Do Subcontractors Work 10 – Management Rights 6 Article 11 – DCAA Communications 8 Article 9 - Inspection, Testing and Correction of Work 12 – Professional Education 8 Article 10 - Changes 8 Article 11 - Safety 13 – Review of Performance and Discretionary Merit Increases 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 – Grievance Procedure 10 Article 15 - Indemnity – Terminations, Suspensions and Lay-offs 11 Article 16 - Insurance 12 – Inspection of Employee Personnel File 13 Article 17 - Protection of Work and Risk of Loss – DCAA Matters 13 Article 18 - Clean-Up and Use of Site 13 – Agency Shop 14 Article 19 - Superintendent/Foreperson 14 – Employee Rights 17 Article 20 - Warranty and Correction Period 14 – Provisions of Law 17 Article 21 - Assignment 14 – Holidays 17 Article 22 - Prevailing Wage Requirements 14 – Direct Deposit 19 Article 23 - Surety Bonds 15 – Transportation Alternatives 19 Article 24 - Claim Certification & False Claims Liability 15 – Recognition of City Policies 19 Article 25 - Taxes 16 – Jury Duty Scheduling 20 Article 26 - Insolvency – Notice of Subcontractor 16 Termination 20 Article 27 - Record Drawings 16 – Employee Representation 20 Article 28 - Severability 16 – Fingerprinting 20 Article 29 - Waivers 16 – Copies of the Agreement 20 Article 30 - Notices 16 – Long Term Disability 21 Appendix A – Salary Table 23 Appendix B – Memorandum of Agreement and Addendum 1 re: New Pension Plan 24 Agency Shop – (Article 31 - Limitations Period 16 18) 14 Bereavement Leave – (Article 32 - Personal Guaranty by 8) 6 Copies of the Undersigned Officers, Directors, Shareholders and/or Members Agreement – (Article 29) 20 DCAA Communications – (Article 11) 8 DCAA Matters – (Article 17) 13 Direct Deposit – (Article 22) 19 Employee Representation – (Article 27) 20 Employee Rights – (Article 19) 17 Fingerprinting – (Article 28) 20 Flexible Benefits Plan – (Article 6) 4 Grievance Procedure – (Article 14) 10 Holidays – (Article 21) 17 Implementation of Subcontractor 17Agreement – (Article 2) 1 Inspection of Employee Personnel File – (Article 16) 13 Jury Duty Scheduling – (Article 25) 20 Long Term Disability – (Article 30) 21 Management Rights – (Article 10) 6 Meet and Confer 1 Mileage and Travel Reimbursement – (Article 9) 6

Appears in 1 contract

Samples: Memorandum of Understanding

TABLE OF CONTENTS. RECITALS ARTICLE I DEFINITIONS 1 Contract Documents SECTION 1.1 Generally 1 Subcontract Price 1 Scope SECTION 1.2 Definition of Work 1 Certain Terms 2 ARTICLE II GENERAL TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation OF THE NOTES 6 SECTION 2.1 Form 6 SECTION 2.2 Title, Amount and Representations by Subcontractor 4 Article 4 – SubmittalsPayment of Principal and Interest 7 SECTION 2.3 Transfer and Exchange 9 ARTICLE III GUARANTY; FUTURE SUBSIDIARY GUARANTEES 9 SECTION 3.1 Guarantee 9 SECTION 3.2 Future Subsidiary Guarantors 9 SECTION 3.3 Release of Guarantees 9 ARTICLE IV REDEMPTION 10 SECTION 4.1 Optional Redemption of 2025 Notes 10 SECTION 4.2 Optional Redemption of 2030 Notes 10 SECTION 4.3 Optional Redemption of 2050 Notes 10 SECTION 4.4 Optional Redemption Generally 11 ARTICLE V ADDITIONAL COVENANTS 11 SECTION 5.1 Limitations on Liens 11 SECTION 5.2 Restriction on Sale-Leasebacks 12 ARTICLE VI EVENTS OF DEFAULT 12 SECTION 6.1 Additional Event of Default 12 ARTICLE VII AMENDMENTS 13 SECTION 7.1 Amendments without Consent of Holders 13 SECTION 7.2 Notice of Redemption 13 ARTICLE VIII MISCELLANEOUS PROVISIONS 13 SECTION 8.1 Ratification of Base Indenture 13 SECTION 8.2 Trustee Not Responsible for Recitals 13 SECTION 8.3 Table of Contents, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule Headings, etc. 14 SECTION 8.4 Counterpart Originals 14 SECTION 8.5 Governing Law 14 THIS FOURTH SUPPLEMENTAL INDENTURE, dated as of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - InspectionJanuary 22, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens2020 (the “Fourth Supplemental Indenture”), Stop Noticesis among Energy Transfer Operating, L.P. (formerly known as Energy Transfer Partners, L.P.), a Delaware limited partnership (the “Partnership”), Sunoco Logistics Partners Operations L.P., a Delaware limited partnership (the “Guarantor”), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by U.S. Bank National Association, a national banking association, as trustee (the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17“Trustee”).

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Energy Transfer Operating, L.P.)

TABLE OF CONTENTS. RECITALS Agreement 1 Contract Documents Preamble 1 Subcontract Price 1 Scope of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Recognition 1 Article 2 - Owners Representative 4 Dues Checkoff 1 Article 3 – Investigation and Representations by Subcontractor 4 - No Discrimination 3 Article 4 – Submittals, O - Union Representation & M’s and Warranty Information 4 Activities 3 Article 5 - Payment Procedures and Conditions 5 Grievance Procedure 6 Article 6 - Time and Schedule of Work 6 Discipline & Discharge. 9 Article 7 - Delays & Impacts 7 No Strike 10 Article 8 - Contractors Right to Do Subcontractors Work 8 Prevailing Rights 10 Article 9 - Inspection, Testing and Correction of Work 8 Management Rights 11 Article 10 - Changes 8 Employee Protection 11 Article 11 - Safety 9 Supervisor/Employee Relations 11 Article 12 - Termination 9 Work Rules. 11 Article 13 - Liens, Stop Notices, and Third Party Payment Claims Job Assignments 11 Article 14 - Dispute Resolution 11 Seniority 12 Article 15 - Indemnity 11 Xxxxxx and Recall 13 Article 16 - Insurance 12 Days and Hours 15 Article 17 - Protection of Work and Risk of Loss 13 Vacancies. 18 Article 18 - Clean-Up and Use of Site 13 Safety 18 Article 19 - Superintendent/Foreperson 14 Leave Provisions 19 Article 20 - Warranty and Correction Period 14 Family & Medical Leave Act 25 Article 21 - Assignment 14 Xxxxxx and Fringe Benefits 25 Article 22 - Prevailing Wage Requirements 14 Uniform and Clothing Allowance 31 Article 23 - Surety Bonds 15 Evaluations 31 Article 24 - Claim Certification & False Claims Liability 15 Miscellaneous Agreements 32 Article 25 - Taxes 16 Miscellaneous Agreements (Emergencies) 32 Article 26 - Insolvency of Subcontractor 16 Miscellaneous Agreements (Transportation) 34 Article 27 - Record Drawings 16 Savings Clause 37 Article 28 - Severability 16 Article 29 Duration 38 Appendix A - Waivers 16 Article Occupational Groups 30 Appendix B - Notices 16 Article 31 Salary Schedule 40 Appendix C - Limitations Period 16 Article 32 Salary Schedule for School Way Café Personnel 41 Appendix D - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17School Way Café Institute Assistant and Manager Career Ladder. 42 Appendix E - Pay for Skills Program 44 Appendix F - Sick Leave Bank 45 Appendix G - Sick Leave Bank Application. 46

Appears in 1 contract

Samples: Collective Bargaining Agreement

TABLE OF CONTENTS. RECITALS ARTICLE I DEFINITIONS 1 Contract Documents Section 1.1 Definitions 1 Subcontract Price 1 Scope ARTICLE II THE MERGER 11 Section 2.1 The Company Merger 11 Section 2.2 The Bank Merger 11 Section 2.3 Closing 11 Section 2.4 Company Merger Effective Time 11 Section 2.5 Bank Merger Effective Time 11 Section 2.6 Effect of Work 1 TERMS the Company Merger 12 Section 2.7 Effect of the Bank Merger 12 Section 2.8 Articles of Incorporation of the Surviving Corporation After Company Merger 12 Section 2.9 Articles of Incorporation of the Surviving Corporation After Bank Merger 12 Section 2.10 Bylaws of the Surviving Corporation After Company Merger 12 Section 2.11 Bylaws of the Surviving Corporation After Bank Merger 12 Section 2.12 Directors and Officers of the Surviving Corporation 12 Section 2.13 Alternative Structure 13 ARTICLE III CONSIDERATION; CONVERSION OF SECURITIES; EXCHANGE OF CERTIFICATES 13 Section 3.1 Conversion of Securities 13 Section 3.2 Fractional Shares 14 Section 3.3 Shares of Dissenting Holders 14 Section 3.4 Surrender and Exchange of Certificates 15 Section 3.5 Stock Options 17 Section 3.6 Adjustment Resulting from BWC Real Estate Sale. 18 Section 3.7 Cancellation of Bank Capital Stock 18 ARTICLE IV REPRESENTATIONS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation WARRANTIES OF THE COMPANY AND BANK 18 Section 4.1 Organization and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Qualification of Company and Warranty Information 4 Article 5 - Payment Procedures Subsidiaries 18 Section 4.2 Certificate of Incorporation and Conditions 5 Article 6 - Time Bylaws; Corporate Books and Schedule Records 19 Section 4.3 Capitalization 19 Section 4.4 Subsidiaries 20 Section 4.5 Authority. 20 Section 4.6 No Conflict; Required Filings and Consents 22 Section 4.7 Permits; Compliance with Law. 22 Section 4.8 SEC Filings; Financial Statements 24 Section 4.9 Regulatory Matters 25 Section 4.10 Absence of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Certain Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article or Events 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17Section 4.11 Employee Benefit Plans 26 PALOALTO 66463 v1 (2K) -1-

Appears in 1 contract

Samples: Merger Agreement (BWC Financial Corp)

TABLE OF CONTENTS. RECITALS Definitions 1 Contract Documents 1 Subcontract Price 1 Scope of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article ARTICLE 2 - Owners Representative 4 Article 3 – Investigation and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right License to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site Rights and Related Provisions 5 2.1 Grant to Licensed Assets 5 2.2 Delivery of Materials to Transferee 6 2.3 Rights and Obligations Under Third-Party License Agreements 6 2.4 Payments 7 2.5 Obligation to Fund Product Development 9 2.6 Conversion Due to Payment Failure 9 2.7 Developments 9 2.8 Substitution 10 2.9 Promotion Option 10 ARTICLE 3 Additional Obligations and Conditions 10 3.1 Regulatory Approvals 10 3.2 Compliance With Law 10 3.3 Sublicenses 11 3.4 No Challenge 11 ARTICLE 4 Representations and Warranties 11 4.1 Mutual Representations and Warranties 11 4.2 Representations and Warranties of Transferor 12 4.3 Representations and Warranties of Transferee 12 4.4 Disclaimer 13 Article ARTICLE 5 Reporting, Recordkeeping, and Auditing 13 5.1 Reporting 13 5.2 Recordkeeping 13 5.3 Auditing 14 ARTICLE 6 Diligence 14 6.1 Diligence 14 ARTICLE 7 Prosecution and Maintenance 14 7.1 Licensed Patents Maintenance 14 7.2 Enforcement of Licensed Patents 14 ARTICLE 8 Confidentiality 15 8.1 Confidentiality 15 8.2 Exceptions 15 8.3 Disclaimer 16 8.4 Unauthorized Disclosure 16 8.5 Public Disclosure 16 ARTICLE 9 Term and Termination 16 9.1 Term 16 9.2 Termination 16 9.3 Effect of Termination 17 ARTICLE 10 Indemnification 18 10.1 By Transferor 18 10.2 By Transferee 18 10.3 Notice and Defense of Third-Party Claims 19 - Superintendent/Foreperson 14 Article ARTICLE 11 Insurance 19 11.1 Requirements 19 ARTICLE 12 Limitations and Disclaimers 19 12.1 Disclaimer of Other Damages 19 12.2 Limitations of Liability 19 ARTICLE 13 Miscellaneous 20 - Warranty 13.1 Notices 20 13.2 Merger 20 13.3 Assignment. 20 13.4 Certain Interpretive Provisions 21 13.5 Independent Contractor 21 13.6 Severability 21 13.7 No Third-Party Beneficiaries 21 13.8 Amendment 21 13.9 Governing Law and Correction Period 14 Article Venue 21 - Assignment 14 Article 13.10 Counterparts 21 13.11 Waiver 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty 13.12 Further Assurances 22 13.13 Injunctive Relief 22 13.14 Construction 22 13.15 Force Majeure 22 13.16 Export 22 Schedule A Compound Schedule B Licensed Patents Schedule C Development Plan Schedule D Third-Party License Agreements THIS LICENSE AGREEMENT (this “Agreement”), dated as November 6, 2017 (the “Effective Date”), is by and between Vaccinex, Inc., a Delaware corporation having an address at 0000 Xx. Xxxx Xxxxxx, Xxxxxxxxx, Xxx Xxxx, 00000 (“Transferor”), and VX3 (DE) LP, a Delaware limited partnership having an address at 000 Xxx Xxxxxx, Xxxxx 0000, Royal Bank Plaza, South Tower, Toronto, Ontario, Canada X0X 0X0 (“Transferee”). Transferor and Transferee may be referred to each individually as a “Party” or together as the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17“Parties.”

Appears in 1 contract

Samples: License Agreement (Vaccinex, Inc.)

TABLE OF CONTENTS. RECITALS Article I Definitions 1 Contract Documents Section 1.1 Definition 1 Subcontract Price 1 Scope of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions Section 1.2 Exhibits 5 Article II Premises and the Shopping Center 5 Section 2.1 Demise 5 Section 2.2 Changes to Shopping Center 5 Article III Term 6 - Time and Schedule Section 3.1 Term 6 Section 3.2 Surrender of Work Premises 6 Section 3.3 Holding Over 6 Section 3.4 Option to Extend 6 Article IV Use and Operation of the Premises 7 - Delays & Impacts Section 4.1 Use and Trade Name 7 Article Section 4.2 Continuous Operation by Tenant 7 Section 4.3 Store Hours 8 - Contractors Right to Do Subcontractors Work Section 4.4 Sign and Advertising 8 Article Section 4.5 Tenant’s Use of Roof 9 - Inspection, Testing Section 4.6 Retail Restriction Limit 9 Section 4.7 Parking 10 Section 4.8 Deliveries and Correction of Work 8 Article Employee Parking 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, Section 4.9 Fixturing and Third Party Payment Claims Maintainance 10 Section 4.10 Americans With Disabilities Act 11 Article V Rent 12 Section 5.1 Rent Payable 12 Section 5.2 Intentionally Omitted 13 Section 5.3 “Gross Sales” Defined 13 Section 5.4 Statements of Gross Sales 13 Section 5.5 Records and audits 14 - Dispute Resolution 11 Section 5.6 TEXAS 14 Section 5.7 Payment of Tax Rent 15 Section 5.8 Rent For a Partial Month 15 Section 5.9 Rent For the Partial Lease Year 15 Section 5.10 Taxes on Tenant’s Personal Property 16 Article 15 - Indemnity 11 Article VI Common Areas 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Section 6.1 Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty Common Areas 16 Section 6.2 Management and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes Operation of Common Areas 16 Article 26 - Insolvency VII Utilities 17 Section 7.1 Unity Charges 17 Section 7.2 Discontinuances and Interruptions of Subcontractor 16 Services 17 Article 27 - Record Drawings 16 VIII Indemnity and Insurance 18 Section 8.1 Indemnity By Tenant 18 Section 8.2 Landlord Not Responsible For Acts of Others 18 Section 8.3 Tenant’s Insurance 19 Section 8.4 Tenant’s Contractor’s Insurance 19 Section 8.5 Policy Requirements 20 Section 8.6 Increase and Insurance Premiums 20 Section 8.7 Waiver of Right of Recovery 21 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members IX Construction 21 Section 9.1 Condition of Subcontractor 17Premises 21 Section 9.2 Initial Improvements 21

Appears in 1 contract

Samples: Share Exchange Agreement (Veg House Holdings Inc.)

TABLE OF CONTENTS. RECITALS DEFINITIONS AND INCORPORATION BY REFERENCE 1 Contract Documents Section 1.01 Definitions 1 Subcontract Price 1 Scope Section 1.02 Other Definitions 5 Section 1.03 Incorporation by Reference of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article Trust Indenture Act 5 Section 1.04 Rules of Construction 6 ARTICLE 2 - Owners Representative 4 Article THE SECURITIES 6 Section 2.01 Form and Dating 6 Section 2.02 Execution and Authentication 6 Section 2.03 Amount Unlimited; Issuable in Series 8 Section 2.04 Denomination and Date of Securities; Payments of Interest 11 Section 2.05 Registrar and Paying Agent; Agents Generally 11 Section 2.06 Paying Agent to Hold Money in Trust 12 Section 2.07 Transfer and Exchange 12 Section 2.08 Replacement Securities 15 Section 2.09 Outstanding Securities 16 Section 2.10 Temporary Securities 17 Section 2.11 Cancellation 17 Section 2.12 CUSIP Numbers 17 Section 2.13 Defaulted Interest 18 Section 2.14 Series May Include Tranches 18 ARTICLE 3 – Investigation and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule REDEMPTION 18 Section 3.01 Applicability of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use Section 3.02 Notice of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article Redemption; Partial Redemptions 18 Section 3.03 Payment of Securities Called for Redemption 21 - Assignment 14 Article ARTICLE 4 COVENANTS 22 - Prevailing Wage Requirements 14 Article Section 4.01 Payment of Securities 22 Section 4.02 Maintenance of Office or Agency 22 Section 4.03 Corporate Existence 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty Section 4.04 Certificate to Trustee 23 Section 4.05 Reports by the Undersigned OfficersCompany 23 ARTICLE 5 SUCCESSOR CORPORATION 24 Section 5.01 Merger, DirectorsConsolidation or Sale of Assets 24 Section 5.02 Successor Substituted 24 ARTICLE 6 DEFAULT AND REMEDIES 25 Section 6.01 Events of Default 25 Section 6.02 Acceleration 25 Section 6.03 Other Remedies 26 Section 6.04 Waiver of Past Defaults 26 Section 6.05 Control by Majority 26 Section 6.06 Limitation on Suits 27 Section 6.07 Rights of Holders to Receive Payment 27 Section 6.08 Collection Suit by Trustee 27 Section 6.09 Trustee May File Proofs of Claim 28 Section 6.10 Application of Proceeds 28 Section 6.11 Restoration of Rights and Remedies 29 Section 6.12 Undertaking for Costs 29 Section 6.13 Rights and Remedies Cumulative 29 Section 6.14 Delay or Omission not Waiver 29 ARTICLE 7 TRUSTEE 30 Section 7.01 General 30 Section 7.02 Certain Rights of Trustee 30 Section 7.03 Individual Rights of Trustee 33 Section 7.04 Trustee’s Disclaimer 33 Section 7.05 Notice of Default 33 Section 7.06 Reports by Trustee to Holders 34 Section 7.07 Compensation and Indemnity 34 Section 7.08 Replacement of Trustee 35 Section 7.09 Acceptance of Appointment by Successor 36 Section 7.10 Successor Trustee by Mxxxxx, Shareholders and/or Members Etc. 37 Section 7.11 Eligibility 37 Section 7.12 Money Held in Trust 37 ARTICLE 8 SATISFACTION AND DISCHARGE OF INDENTURE; UNCLAIMED MONEYS 37 Section 8.01 Option to Effect Legal Defeasance or Covenant Defeasance 37 Section 8.02 Satisfaction and Discharge of Subcontractor 17Indenture 37 Section 8.03 Application by Trustee of Funds Deposited for Payment of Securities 38 Section 8.04 Repayment of Moneys Held by Paying Agent 38 Section 8.05 Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years 38 Section 8.06 Defeasance and Discharge of Indenture 38 Section 8.07 Defeasance of Certain Obligations 39 Section 8.08 Conditions to Legal or Covenant Defeasance 39 ARTICLE 9 AMENDMENTS, SUPPLEMENTS AND WAIVERS 40 Section 9.01 Without Consent of Holders 40 Section 9.02 With Consent of Holders 41 Section 9.03 Revocation and Effect of Consent 42 Section 9.04 Notation on or Exchange of Securities 43 Section 9.05 Trustee to Sign Amendments, Etc. 43 Section 9.06 Conformity with Trust Indenture Act 43 ARTICLE 10 MISCELLANEOUS 43 Section 10.01 Trust Indenture Act of 1939 43 Section 10.02 Notices 43 Section 10.03 Certificate and Opinion as to Conditions Precedent 45 Section 10.04 Statements Required in Certificate or Opinion 45 Section 10.05 Evidence of Ownership 45 Section 10.06 Rules by Trustee, Paying Agent or Registrar 46 Section 10.07 Payment Date Other Than a Business Day 46 Section 10.08 Governing Law; Waiver of Jury Trial 46 Section 10.09 No Adverse Interpretation of Other Agreements 46 Section 10.10 Successors 46 Section 10.11 Duplicate Originals 46 Section 10.12 Separability 47 Section 10.13 Table of Contents, Headings, Etc. 47 Section 10.14 Incorporators, Stockholders, Officers and Directors of Company Exempt From Individual Liability 47 Section 10.15 Judgment Currency 47 Section 10.16 Force Majeure 48 Section 10.17 U.S.A. Patriot Act 48 TIA Section Indenture Section 310 (a) 7.11 (b) 7.08; 7.11 (c) N.A. 311 (a) 7.03 (b) 7.03 (c) N.A. 312 (a) N.A. (b) 10.02 (c) 10.02 313 (a) 7.06 (b) 7.06 (c) 7.06 (d) N.A. 314 (a) 4.05; 4.04 (b) N.A. (c) N.A. (d) N.A. (e) N.A. (f) N.A. 315 (a) N.A. (b) N.A. (c) N.A. (d) N.A. (e) 1 N.A. 316 (a) (last sentence) N.A.

Appears in 1 contract

Samples: Indenture (Tapestry, Inc.)

TABLE OF CONTENTS. RECITALS Agreement 1 Contract Documents Preamble 1 Subcontract Price 1 Scope of Work 1 TERMS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Recognition 1 Article 2 - Owners Representative 4 Dues Checkoff 1 Article 3 – Investigation and Representations by Subcontractor 4 - No Discrimination 3 Article 4 – Submittals, O - Union Representation & M’s and Warranty Information 4 Activities 3 Article 5 - Payment Procedures and Conditions 5 Grievance Procedure 6 Article 6 - Time and Schedule of Work 6 Discipline & Discharge 9 Article 7 - Delays & Impacts 7 No Strike 10 Article 8 - Contractors Right to Do Subcontractors Work 8 Prevailing Rights 10 Article 9 - Inspection, Testing and Correction of Work 8 Management Rights 11 Article 10 - Changes 8 Employee Protection 11 Article 11 - Safety 9 Supervisor/Employee Relations. 11 Article 12 - Termination 9 Work Rules. 11 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Job Assignments 12 Article 14 - Dispute Resolution 11 Seniority 12 Article 15 - Indemnity 11 Xxxxxx and Recall 13 Article 16 - Insurance 12 Days and Hours 15 Article 17 - Protection of Work and Risk of Loss 13 Vacancies. 18 Article 18 - Clean-Up and Use of Site 13 Safety 18 Article 19 - Superintendent/Foreperson 14 Leave Provisions 19 Article 20 - Warranty and Correction Period 14 Family & Medical Leave Act 25 Article 21 - Assignment 14 Xxxxxx and Fringe Benefits 25 Article 22 - Prevailing Wage Requirements 14 Uniform and Clothing Allowance 30 Article 23 - Surety Bonds 15 Evaluations 31 Article 24 - Claim Certification & False Claims Liability 15 Miscellaneous Agreements 31 Article 25 - Taxes 16 Miscellaneous Agreements (Emergencies) 32 Article 26 - Insolvency of Subcontractor 16 Miscellaneous Agreements (Transportation) 33 Article 27 - Record Drawings 16 Savings Clause 37 Article 28 - Severability 16 Article 29 Duration 37 Appendix A - Waivers 16 Article 30 Occupational Groups 38 Appendix B - Notices 16 Article 31 Salary Schedule 39 Appendix C - Limitations Period 16 Article 32 Salary Schedule for School Way Café Personnel 40 Appendix D - Personal Guaranty by the Undersigned Officers, Directors, Shareholders and/or Members of Subcontractor 17School Way Café Institute Assistant and Manager Career Ladder 41 Appendix E - Pay for Skills Program 43 Appendix F - Sick Leave Bank 44 Appendix G - Sick Leave Bank Application. 45

Appears in 1 contract

Samples: Collective Bargaining Agreement

TABLE OF CONTENTS. RECITALS ARTICLE I DEFINITIONS 1 Contract Documents Section 1.1 Definitions 1 Subcontract Price 1 Scope Section 1.2 Construction 3 ARTICLE II ORGANIZATION 4 Section 2.1 Formation 4 Section 2.2 Name 4 Section 2.3 Registered Office; Registered Agent; Principal Office; Other Offices 4 Section 2.4 Purposes 4 Section 2.5 Qualification in Other Jurisdictions 4 Section 2.6 Powers 4 Section 2.7 Power of Work 1 TERMS Attorney 4 Section 2.8 Term 5 Section 2.9 Certificate of Formation 6 ARTICLE III MEMBERS AND CONDITIONS 4 Article 1 - Entire Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation UNITS 6 Section 3.1 Members 6 Section 3.2 Authorization to Issue Units 6 Section 3.3 Certificates 7 Section 3.4 Record Holders 7 Section 3.5 Registration and Representations by Subcontractor 4 Article 4 – Submittals, O & M’s Transfer of Units 7 Section 3.6 Agreements 8 ARTICLE IV DISTRIBUTIONS AND REDEMPTIONS 8 Section 4.1 Distributions to Record Holders 8 Section 4.2 Payment of Taxes 8 Section 4.3 Absence of Certain Other Rights 8 ARTICLE V MANAGEMENT AND OPERATION OF BUSINESS 9 Section 5.1 Power and Warranty Information 4 Article 5 - Payment Procedures Authority of the Manager 9 Section 5.2 Term and Conditions 5 Article 6 - Time and Schedule Withdrawal of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - Inspection, Testing and Correction of Work 8 Article 10 - Changes 8 Article the Manager 11 - Safety 9 Article 12 - Termination 9 Article 13 - Liens, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection of Work and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty Section 5.3 Determinations by the Undersigned OfficersManager 11 Section 5.4 Exculpation, DirectorsIndemnification, Shareholders and/or Members Advances and Insurance 11 Section 5.5 Duties of Subcontractor 17the Manager and its Officers and Managers 13 Section 5.6 Outside Activities 14 Section 5.7 Reliance by Third Parties 14 Section 5.8 Reimbursement of Expenses 14 ARTICLE VI BOOKS, RECORDS, ACCOUNTING AND REPORTS 14 Section 6.1 Records and Accounting 14 Section 6.2 Fiscal Year 14 Section 6.3 Reports 14

Appears in 1 contract

Samples: Limited Liability Company Agreement (181 High Street LLC)

TABLE OF CONTENTS. RECITALS Article I INTERPRETATION 1 Contract Documents Section 1.01 Definitions 1 Subcontract Price 1 Scope Section 1.02 Meaning of Work 1 TERMS “Outstanding” for Certain Purposes 6 Section 1.03 Interpretation 7 Section 1.04 Headings Etc 7 Section 1.05 Day not a Business Day 7 Section 1.06 Applicable Law 7 Section 1.07 Monetary References 7 Section 1.08 Invalidity, Etc. 7 Section 1.09 Language 8 Article II ISSUE OF DEBENTURES 8 Section 2.01 Issue Unlimited 8 Section 2.02 Terms of the Debentures of any Series 8 Section 2.03 Form of Debentures 9 Section 2.04 Form and Terms of Medium Term Notes 10 Section 2.05 Issuance, Certification and Delivery of Medium Term Notes 10 Section 2.06 Issue of Global Debentures 11 Section 2.07 Certification and Delivery of Additional Debentures 11 Section 2.08 Execution of Debentures 12 Section 2.09 Certification by Trustee 12 Section 2.10 Interim Debentures or Certificates 13 Section 2.11 Issue of Substitutional Debentures 13 Section 2.12 Purchase of Debentures by the Company 14 Section 2.13 Pledge and Re-Issue of Debentures 14 Section 2.14 Commencement of Interest 14 Section 2.15 Debentures to Rank Pari Passu 14 Article III REGISTRATION, TRANSFER AND CONDITIONS 4 EXCHANGE OF DEBENTURES OWNERSHIP OF DEBENTURES AND NOTICE TO DEBENTURE HOLDERS 15 Section 3.01 Fully Registered Debentures 15 Section 3.02 Global Debentures 15 Section 3.03 Transferee entitled to Registration 16 Section 3.04 No Notice of Trusts 16 Section 3.05 Registers open for Inspection 16 Section 3.06 Exchanges of Debentures 16 Section 3.07 Closing of Registers 17 Section 3.08 Charges for Registration, Transfer and Exchange 17 Section 3.09 Ownership of Debentures 18 Section 3.10 Payment Free from Equities 18 Article 1 - Entire Agreement 4 IV REDEMPTION OF DEBENTURES 18 Section 4.01 Applicability of Article 2 - Owners Representative 4 18 Section 4.02 Partial Redemption 18 Section 4.03 Notice of Redemption 19 Section 4.04 Debentures Due on Redemption Dates 19 Section 4.05 Deposit of Redemption Moneys 19 Section 4.06 Failure to Surrender Debentures Called for Redemption 20 Section 4.07 Cancellation of Debentures Redeemed 20 Article 3 – Investigation V COVENANTS OF THE COMPANY 20 Section 5.01 General Covenants 20 Section 5.02 Trustee’s Remuneration and Representations Expenses 25 Section 5.03 Not to Accumulate Interest 25 Section 5.04 Performance of Covenants by Subcontractor 4 Trustee 25 Article 4 – SubmittalsVI DEFAULT AND ENFORCEMENT 25 Section 6.01 Events of Default 25 Section 6.02 Acceleration on Default 26 Section 6.03 Waiver of Default 27 Section 6.04 Right of Trustee to Enforce Payment 27 Section 6.05 Application of Moneys by Trustee 28 Section 6.06 Notice of Payment by Trustee 29 Section 6.07 Trustee May Demand Production of Debentures 29 Section 6.08 Trustee Appointed Attorney 30 Section 6.09 Remedies Cumulative 30 Section 6.10 Judgment Against Company 30 Section 6.11 Immunity of Shareholders and Others 30 Section 6.12 Suits by Debenture Holders 30 Article VII SATISFACTION AND DISCHARGE 31 Section 7.01 Cancellation and Destruction 31 Section 7.02 Non-Presentation of Debentures 31 Section 7.03 Repayment of Unclaimed Moneys to Company 31 Section 7.04 Discharge 32 Section 7.05 Defeasance 32 Article VIII SUCCESSORS 33 Section 8.01 Certain Requirements in Respect of Mergers, O & M’s and Warranty Information 4 etc. 33 Section 8.02 Vesting of Powers in Successor 34 Article 5 - Payment Procedures and Conditions 5 Article 6 - Time and Schedule of Work 6 Article 7 - Delays & Impacts 7 Article 8 - Contractors IX MEETINGS OF DEBENTURE HOLDERS 34 Section 9.01 Right to Do Subcontractors Work 8 Convene Meeting 34 Section 9.02 Notice 34 Section 9.03 Chairman 34 Section 9.04 Quorum 35 Section 9.05 Power to Adjourn 35 Section 9.06 Show of Hands 35 Section 9.07 Poll 35 Section 9.08 Voting 35 Section 9.09 Regulations 36 Section 9.10 Company and Trustee may be Represented 36 Section 9.11 Powers Exercisable by Extraordinary Resolution 36 Section 9.12 Meaning of “Extraordinary Resolution” 38 Section 9.13 Powers Cumulative 38 Section 9.14 Minutes 39 Section 9.15 Instruments in Writing 39 Section 9.16 Binding Effect of Resolutions 39 Section 9.17 Serial Meetings 39 Section 9.18 Covenants Applicable to a Particular Series or Issue of Debentures 40 Article 9 - InspectionX NOTICES 41 Section 10.01 Notice to Debenture Holders 41 Section 10.02 Notice to the Company and the Trustee 41 Section 10.03 Mail Service Interruption 42 Article XI SUPPLEMENTAL INDENTURES 42 Section 11.01 Provisions for Supplemental Indentures for Certain Purposes 42 Article XII CONCERNING THE TRUSTEE 44 Section 12.01 Conditions Precedent to Trustee’s Obligations to Act Hereunder 44 Section 12.02 Evidence 44 Section 12.03 Experts and Advisers 44 Section 12.04 Documents, Testing and Correction of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - LiensMoneys, Stop Notices, and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - etc. Held by Trustee 45 Section 12.05 Trustee not Required to Give Security 45 Section 12.06 Protection of Work Trustee 45 Section 12.07 Compensation and Risk Indemnification of Loss 13 Trustee 46 Section 12.08 Replacement of Trustee 46 Section 12.09 Power of Trustee to Protect Interests 47 Section 12.10 Acceptance of Trust 47 Section 12.11 Duty of Trustee 47 Section 12.12 Provisions Relieving Liability 47 Section 12.13 Material Conflict of Interest 47 Section 12.14 Notice of Events of Default 47 Section 12.15 Certificate of No Default 47 Section 12.16 Trustee May Rely on Certain Documents 48 Section 12.17 Evidence of Compliance 48 Article 18 - Clean-Up XIII COUNTERPARTS AND FORMAL DATE 49 Section 13.01 Counterparts and Use Formal Date 49 THIS TRUST INDENTURE made as of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency the 15th day of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by December, 2004. TRANSCANADA PIPELINES LIMITED, a company incorporated under the Undersigned Officerslaws of Canada, Directorshaving its registered office in the City of Calgary, Shareholders and/or Members in the Province of Subcontractor 17Alberta (hereinafter referred to as the “Company”) CIBC MELLON TRUST COMPANY, a trust corporation incorporated under the laws of Canada, having an office in the City of Calgary, in the Province of Alberta (hereinafter referred to as the “Trustee”)

Appears in 1 contract

Samples: Trust Indenture (Transcanada Pipelines LTD)

TABLE OF CONTENTS. RECITALS RECOGNITION 1 Contract Documents Section 1: Employee Classification 1 Subcontract Price 1 Scope Section 2: Assignment of Work 1 TERMS Section 3: New Positions 1 Section 4: Relationship of New Positions 1 Section 5: Fair Employment Practices 1 Section 6: Union Dues Check-Off 2 Section 7: Union Security 4 ARTICLE II 6 EFFECT OF AGREEMENT 6 Section 1: Commitment 6 Section 2: Provisions Contrary to Law 6 Section 3: Employee Contracts 6 Section 4: MISD Policy Book 6 ARTICLE III 7 DEFINITION OF RESPONSIBILITIES AND CONDITIONS 4 Article 1 - Entire RIGHTS 7 Section 1: Management Rights 7 Section 2: Academic Freedom 7 Section 3: Personnel Files 7 Section 4: Discipline and Discharge 9 Section 5: Union Business on District Property 9 Section 6: Bulletin Boards 10 Section 7: Furnishing Information 10 Section 8: School Board Meetings 10 Section 9: Facilities and Supplies 10 Section 10: Lounge Facilities 11 ARTICLE IV 12 NEGOTIATION PROCEDURES 12 Section 1: New Agreement 4 Article 2 - Owners Representative 4 Article 3 – Investigation 12 Section 2: Representatives 12 Section 3: Requested Conference 12 ARTICLE V 13 GRIEVANCE PROCEDURE 13 Section 1: Definitions 13 Section 2: General Principles 13 Section 3: Procedure for Adjustment of Grievance 14 ARTICLE VI 17 SENIORITY 17 Section 1: Seniority 17 Section 2: First Year Salary/Seniority 18 Section 3: Termination of Seniority 18 ARTICLE VII 19 VACANCIES, ASSIGNMENTS, TRANSFER, AND PROMOTION 19 Section 1: Definitions 19 Section 2: Transfers Within the MISD and Representations by Subcontractor 4 Article 4 – SubmittalsVacancies and Postings 20 Section 3: Involuntary Transfer 21 Section 4: Transfer Outside the MISD 21 Section 5: Reduction and Layoff 21 Section 6: Assignment or Reassignment 23 Section 7: Resignation 23 Section 8: Recall 23 Section 9: Job Sharing 24 Section 10: Professional/Paraprofessional Relationship 26 ARTICLE VIII 27 CALENDAR, O & M’s and Warranty Information 4 Article 5 - Payment Procedures and Conditions 5 Article 6 - SCHEDULE, HOURS 27 Section 1: Calendar 27 Section 2: Basic Workday 28 Section 3: Adjusted Day, Compensatory Time and Schedule Excess Hours 28 Section 4: Reporting Absences 29 Section 5: Substitute Paraprofessionals 29 Section 6: Substitute Teacher/Absence 30 Section 7: Laundry Service 30 Section 8: Required Apparel 30 ARTICLE IX 31 COMPENSATION 31 Section 1: Salary Considerations 31 Section 2: College Credit 31 Section 3: License 32 Section 4: Longevity Compensation Policy 33 Section 5: Longevity/Retirement 34 Section 6: Paychecks 34 Section 7: Salary Computation and Adjustment 35 Section 8: Union Business Days 36 Section 9: Union Days 36 Section 10: Payroll Deductions 36 Section 11: Insurance Protection 37 Section 12: Administration of Work 6 Article 7 Insurance 40 Section 13: Automobile Allowance 40 Section 14: Health Provisions 40 Section 15: Insurance for Retirees 41 ARTICLE X 42 ABSENCES 42 Section 1: Personal Illness 42 Section 2: Illness in Immediate Family 44 Section 3: Bereavement 45 Section 4: Personal Business 45 Section 5: Workshops, Conventions, Conferences and Visitations 46 Section 6: Family Medical Leave (FMLA) 46 ARTICLE XI 47 LEAVES 47 Section 1: Jury Duty 47 Section 2: Maternity Leave 47 Section 3: Parental Leave 47 Section 4: Extended Health Leave 48 Section 5: Application for Leaves of Absence 48 Section 6: Extensions and Early Return Requests 48 Section 7: Benefits During Leave of Absence 48 Section 8: Employment While on Leave From MISD 49 Section 9: Return from Leaves 49 Section 10: Educational Leave 50 Section 11: Unpaid Relief Time for Extended Year Employees 50 Section 12: Unpaid Leave 51 ARTICLE XII 52 MISCELLANEOUS PROVISIONS 52 Section 1: Damage to Personal Property 52 Section 2: Smocks 52 Section 3: Snow Days 52 Section 4: Evaluation 53 Section 5: Supporting Student Behavior 54 Section 6: Health and Safety Committee 54 Section 7: Public Health and Communicable Disease 55 DURATION OF AGREEMENT ERROR! BOOKMARK NOT DEFINED. APPENDIX 57 2011-2012 PARAPROFESSIONAL SALARY SCHEDULE 58 2012-2013 PARAPROFESSIONAL SALARY SCHEDULE 59 2013-2014 PARAPROFESSIONAL SALARY SCHEDULE 60 2011 – 2012 SCHOOL CALENDAR 61 2012 – 2013 SCHOOL CALENDAR 65 2013 – 2014 SCHOOL CALENDAR 69 LETTER OF UNDERSTANDING - Delays & Impacts 7 Article 8 - Contractors Right to Do Subcontractors Work 8 Article 9 - InspectionRELEASE TIME FOR SCHOOL IMPROVEMENT 73 LETTER OF UNDERSTANDING FLEXIBLE SPENDING ACCOUNT 74 INDEX 75 This agreement is entered into on this 16th day of June, Testing 2011, by and Correction between the Board of Work 8 Article 10 - Changes 8 Article 11 - Safety 9 Article 12 - Termination 9 Article 13 - LiensEducation of the Macomb Intermediate School District, Stop NoticesCounty of Macomb (hereinafter called the "Employer"), and Third Party Payment Claims 11 Article 14 - Dispute Resolution 11 Article 15 - Indemnity 11 Article 16 - Insurance 12 Article 17 - Protection the Macomb Intermediate Federation of Work Paraprofessionals, MIFP Local 6216 (hereinafter called "the Union"), for the period beginning August 30, 2011, and Risk of Loss 13 Article 18 - Clean-Up and Use of Site 13 Article 19 - Superintendent/Foreperson 14 Article 20 - Warranty and Correction Period 14 Article 21 - Assignment 14 Article 22 - Prevailing Wage Requirements 14 Article 23 - Surety Bonds 15 Article 24 - Claim Certification & False Claims Liability 15 Article 25 - Taxes 16 Article 26 - Insolvency of Subcontractor 16 Article 27 - Record Drawings 16 Article 28 - Severability 16 Article 29 - Waivers 16 Article 30 - Notices 16 Article 31 - Limitations Period 16 Article 32 - Personal Guaranty by the Undersigned Officersending August 31, Directors, Shareholders and/or Members of Subcontractor 172014.

Appears in 1 contract

Samples: Paraprofessional Contract

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