Title Interest Sample Clauses

Title Interest. The Department and NHTSA retain title interest in all property and equipment purchased under this contract. In the event that the Agency fails or refuses to comply with the provisions of this Agreement or terminates this contract, the Department, at its discretion, may take either of the following actions:
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Title Interest. NCEM retains title interest in all property and equipment purchased under this contract. In the event that the VOAD fails or refuses to comply with the provisions of this Agreement or terminates this contract, NCEM, at its discretion, may take either of the following actions: • Require the VOAD to purchase the property or equipment at fair market value or other mutually agreed to amount. • Require the VOAD to transfer the property or equipment and title of said property or equipment, if any, to NCEM or to another VOAD, as directed by NCEM.
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Title Interest. The NCHTC and NCAOC retain title interest in all property and equipment purchased under this contract. In the event that the Agency fails or refuses to comply with the provisions of this Agreement or terminates this contract, the NCHTC, at its discretion, may take either of the following actions:
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Title Interest. The DEM retains title interest in all property and equipment purchased under this contract. In the event that the VOAD fails or refuses to comply with the provisions of this Agreement or terminates this contract, the DEM, at its discretion, may take either of the following actions:
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Title Interest. The Office of Highway Safety and NHTSA retain title interest in all property and equipment purchased under this agreement. In the event that the Agency fails or refuses to comply with the provisions of this Agreement or terminates this agreement, the Office of Highway Safety, at its discretion, may take either of the following actions:
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Title Interest. Eur-Eca has full and complete legal right, title and interest in and to the Patents, Know-How, and Products(s);
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Related to Title Interest

  • Interim Interest If the Issuing Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse such LC Disbursement in full on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving Loans; provided that, if the Borrower fails to reimburse such LC Disbursement when due pursuant to paragraph (e) of this Section, then Section 2.13(d) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the Issuing Bank, except that interest accrued on and after the date of payment by any Lender pursuant to paragraph (e) of this Section to reimburse the Issuing Bank shall be for the account of such Lender to the extent of such payment.

  • Assigned Interest Aggregate Amount of Total Commitment Amount of Commitment Assigned2 Percentage Assigned of Commitment3 $_______________ $_______________ _____________% [7. Trade Date: __________________]4 Effective Date: __________________, 20__ [TO BE INSERTED BY THE ADMINISTRATIVE AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.] The terms set forth in this Assignment and Acceptance are hereby agreed to: __________________ 2The amount of the Commitment assigned by the Assignor pursuant to this Assignment and Acceptance (determined as of the date this Assignment and Acceptance is delivered to the Administrative Agent) shall not be less than $25,000,000, unless (a) the Assignee under this Assignment and Acceptance is a Lender or an Affiliate of a Lender, (b) the Commitment assigned by the Assignor pursuant to this Assignment and Acceptance is the entire remaining amount of the Assignor’s Commitment, or (c) the Administrative Agent otherwise consents. 3Set forth, to at least 9 decimals, as a percentage of the Total Commitment under the Reimbursement Agreement. 4To be completed if the Assignor and the Assignee intend that the minimum assignment amount is to be determined as of the Trade Date. Exhibit A An [*] represents confidential information that has been omitted and filed separately with the Securities and Exchange Commission. ASSIGNOR [NAME OF ASSIGNOR] By: _____________________________ Name: Title: ASSIGNEE [NAME OF ASSIGNEE] By: _____________________________ Name: Title: Exhibit A An [*] represents confidential information that has been omitted and filed separately with the Securities and Exchange Commission. Consented to and Accepted: [CREDIT SUISSE AG, NEW YORK BANK], as Administrative Agent By: _________________________________ Name: Title:] By: _________________________________ Name: Title:]5 [CREDIT SUISSE AG, NEW YORK BRANCH], as Issuing Lender By: _________________________________ Name: Title:] By: _________________________________ Name: Title:]6 [LINCOLN NATIONAL CORPORATION By: _________________________________ Name: Title:]7 ___________________________ 5Insert as applicable. No consent and acceptance shall be necessary in the event of an assignment to a Lender or an Affiliate of a Lender. 6Insert as applicable. No consent and acceptance shall be necessary in the event of an assignment to a Lender or an Affiliate of a Lender. 7Insert as applicable. No consent and acceptance shall be necessary if an Event of Default has occurred and is continuing. Exhibit A An [*] represents confidential information that has been omitted and filed separately with the Securities and Exchange Commission. ANNEX 1 TO ASSIGNMENT AND ACCEPTANCE STANDARD TERMS AND CONDITIONS FOR ASSIGNMENT AND ACCEPTANCE

  • Interest (a) The Loans comprising each ABR Borrowing shall bear interest at the Alternate Base Rate plus the Applicable Rate.

  • Penalty Interest (1) If the loan is overdue or not used for the purpose specified in the contract, from the date of overdue or misappropriation, the penalty interest shall be calculated and collected according to the penalty interest rate specified in this paragraph for the overdue or misappropriated part until the principal and interest are paid off. For overdue and misappropriated loans, the penalty interest shall be calculated and charged at higher penalty interest rate.

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