Examples of Acceleration in a sentence
Compliance with Code Section 409A 19 16.1 Awards Subject to Code Section 409A 19 16.2 Deferral and/or Distribution Elections 19 16.3 Subsequent Elections 19 16.4 Distributions Pursuant to Deferral Elections 19 16.5 Six Month Delay 20 16.6 Death or Disability 20 16.7 No Acceleration of Distributions 20 Article 17.
The Purchaser hereby acknowledges and agrees that both the subscription hereunder and the election made by Pxxxxxxxx in the Dividend Acceleration Supplement are irrevocable by the Purchaser, except as required by applicable law, and that this Subscription Agreement shall survive the death or disability of the Purchaser and shall be binding upon and inure to the benefit of the parties and their heirs, executors, administrators, successors, legal representatives, and permitted assigns.
Acceleration or delay of any delivery may only occur at no additional cost to the Government and with the consent of the contractor.
For the avoidance of doubt, the Company shall be under no obligation to accelerate and issue, and Purchaser shall have no right to demand acceleration and issuance of, any dividends as contemplated in the Dividend Acceleration Supplement in the event that the Company rejects Purchaser’s subscription in whole or if the Company terminates the Offering prior to a closing of such subscription.