Benefits Commitments definition

Benefits Commitments means those activities described in Subsection 6.3 of this Agreement that will generate benefits to Canada.
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Benefits Commitments means those activities described in Subsection 6.1 of this Agreement that will generate benefits to Canada. "Benefits Phase" means the period from the day after the Project Completion Date to and including the last day of the Term. "CAP" will be calculated as follows. (a) (b) "Change in Control" of the Recipient means: (a) if the Recipient is a public company, the acquisition by an individual or company (or two or more of them acting in concert), excluding Current Shareholders, that results in its or their direct or indirect beneficial ownership of or more of outstanding shares of voting stock of the Recipient. For greater clarity, this shall not apply to an acquisition of voting stock made by the ■ • I I • • I I I • whose shareholdings prior to such acquisition is already near of the outstanding voting stock of the Recipient; or (b) if the Recipient is a private company, the acquisition by an individual or company ( or two or more of them acting i s in its or their direct orI I I • l I • • indirect beneficial ownership of r more of the voting stock in• the Recipient; or ( c) if the Recipient enters into a binding obligation to sell, sells or otherwise disposes of all or substantially all of its assets. 3 Certain information in this document has been omitted from this exhibit because it is (i) not material (ii) would be competitively harmful if publicly disclosed and (iii) private or confidential.
Sample 1

Examples of Benefits Commitments in a sentence

  • The Recipient shall provide written notice to the Minister of any changes which may have an impact on Schedule 1 – Statement of Work or on the Benefits Commitments in accordance with 6.3 of this Agreement.

  • The Recipient agrees to conduct Benefits Commitments exclusively in Canada, as per Subsection 6.3.

Related to Benefits Commitments

  • Revolving Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender's Revolving Commitment, if any, is set forth in Appendix A or in the applicable ---------- Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Revolving Commitments as of the Closing Date is $150,000,000.

  • Total Revolving Commitments at any time, the aggregate amount of the Revolving Commitments then in effect.

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Existing Revolving Commitments has the meaning assigned to such term in Section 2.27(a).

  • Other Revolving Commitments means one or more Classes of revolving credit commitments hereunder or extended Revolving Commitments that result from a Refinancing Amendment or a Loan Modification Agreement.

  • Aggregate Revolving Commitments means, collectively, all Revolving Commitments of all Lenders at any time outstanding.

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Total Utilization of Revolving Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of repaying any Refunded Swing Line Loans or reimbursing Issuing Bank for any amount drawn under any Letter of Credit, but not yet so applied), (ii) the aggregate principal amount of all outstanding Swing Line Loans and (iii) the Letter of Credit Usage.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Facility A Commitment means, with respect to any Lender, the principal amount set out beside such Lender's name in Schedule V with reference to Facility A, as amended from time to time, and to the extent not cancelled or terminated hereunder.

  • Additional Commitments means any commitments hereunder added pursuant to Section 2.22, 2.23 or 9.02(c).

  • Total Commitments at any time, the aggregate amount of the Commitments then in effect.

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).