Dear Xxxx. Xxxxx Xxxxxxx Investment Management Company ("FRIMCo"), as manager of Xxxxxxx Insurance Funds ("RIF"), agrees to waive, until April 30, 2000, a portion of its management fee, up to the full amount of that fee, equal to the amount by which the Fund's total operating expenses exceed 1.15% of the Fund's average daily net assets on an annual basis. XXXXXx also agrees to reimburse the Fund for all remaining expenses, after fee waivers, that exceed 1.15% of average daily net assets on an annual basis. This agreement, which supersedes any prior voluntary waiver or reimbursement arrangements, may, at FRIMCo's option, continue after that date, but may be revised or eliminated at any time thereafter without notice. If this arrangement is acceptable to you, please sign below to indicate your acceptance and agreement and return a copy of this letter to me. Sincerely, XXXXX XXXXXXX INVESTMENT MANAGEMENT COMPANY By:________________________________ Xxxx X. Xxxxxxx President Accepted and Agreed: XXXXXXX INSURANCE FUNDS
Dear Xxxx. By way of this letter agreement ("Amendment No. 2"), both parties agree to extend the Research Term under the Agreement until the earlier of (i) the completion of the current Work Plan, as determined by the JRC, and (ii) April 1, 2003, with no additional payments by Gilead of research funding pursuant to Section 5(a) of the Agreement for the additional period added to the Research Term as extended by this Amendment No. 2. Except as so amended, the Agreement will remain in full force and effect in accordance with its terms. Please indicate Anadys's acceptance of these terms as a binding agreement between the parties, effective as of the date first written above, by having both enclosed originals signed by an authorized officer of Anadys, retaining one fully signed original for your files, and returning one fully signed original to me at the address above. Sincerely, Accepted and agreed to: Gilead Sciences, Inc. Anadys Pharmaceuticals, Inc.
Dear Xxxx. This letter shall serve as a written modification to (i) that certain Third Amended and Restated Loan and Security Agreement (as amended or modified the "Loan Agreement") dated to be effective as of March 27, 1997 by and between Xxxxxx Color-Fi, Inc., Star Fibers Corp., Custom Colorants, Inc., Xxxxxxxx Industries, Inc. and Palmetto Spinning Corporation (collectively, the "Borrowers") and NationsBank, N.A. ("NationsBank"); (ii) that certain Second Amended and Restated Revolving Credit Promissory Note (the "Revolving Credit Note") in the principal amount of $25,000,000 dated to be effective as of December 16, 1996 executed by Xxxxxxxxx and delivered to NationsBank; (iii) that certain Second Amended and Restated Term Loan Promissory Note (the "Term Note") in the principal amount of $36,310,000 dated to be effective as of December 16, 1996 executed by Xxxxxxxxx and delivered to NationsBank; and (iv) the other Loan Documents (as such term is defined in the Loan Agreement).
Examples of Dear Xxxx in a sentence
Mr. Xxxx Xxxxxxxx Unifor Local 87-M 0000 Xxxxxxx Xx., Xxxxx 000 Xxxxxxxxxxx, Xxxxxxx X0X 0X0 Dear Xxxx: This is to confirm our understanding of the framework for potential implementation of a compressed work week arrangement in certain departments where the Guild has representational rights.
MODIFIED DUTY OFFER LETER 3/20/2008 Xxxx Xxx 0000 Xxxxx Xxxx Xxx Xxxxxxxxx, XX 00000 Re: Bona Fide Offer for Modified Duty Dear Xxxx Xxx: Webcor/Obayashi has offered you modified duty to accommodate the restrictions given by your doctor.
Lapensee President Independent Union of Defence Contractors 0000 Xxxxxxxx Xxxx Xxxxxx, Xxxxxxx X0X 0X0 Dear Xxxx: Re: Letter of Understanding – Compressed Workweek This letter will confirm the understanding between the Company and the Independent Union of Defence Contractors with respect to the Compressed Workweek.
Lapensee President Independent Union of Defence Contractors 0000 Xxxxxxxx Xxxx Xxxxxx, Xxxxxxx X0X 0X0 Dear Xxxx: Re: Letter of Understanding – Pensions – 23.05 The Pension Plan will be continued during the life of this Agreement and will not be amended without the consent of the IUDC.
Lapensee President Independent Union of Defence Contractors 0000 Xxxxxxxx Xxxx Ottawa, Ontario K2H 5B7 Dear Xxxx: Re: Letter of Understanding – Compressed Workweek This letter will confirm the understanding between the Company and the Independent Union of Defence Contractors with respect to the Compressed Workweek.
More Definitions of Dear Xxxx
Dear Xxxx. Re: Fee Letter Relating to the Annuity Investors Life Insurance Company Participation Agreement. Pursuant to the Participation Agreement by and among Strong Capital Management, Inc. ("Strong"), Annuity Investors Life Insurance Company (the "Company"), Strong Variable Insurance Funds, Inc., Strong Special Fund II, Inc. and Strong Funds Distributors, Inc. ("Distributors") dated as April 25, 1997 (the "Participation Agreement"), the Company will provide certain administrative services on behalf of the registered investment companies or series thereof specified in Exhibit A (each a "Fund" and collectively the "Funds"). In recognition of the reduction in administrative expenses that derives from the performance of said administrative services, Strong agrees to pay the Company the fee specified below for each Fund specified in Exhibit A hereto.
Dear Xxxx. As has been indicated to the Company, Forstmann Little and Telmex (collectively the "Investors") believe that it is virtually impossible that the conditions to their obligations under the Purchase Agreement will ever be satisfied. The Investors' belief in this regard is based on a number of factors, all of which are demonstrated by the substantial decline in the value of the Company, including the state of the Company's business and financial condition, pending litigation, the absence, despite months of negotiations, of any agreement among the Company's stakeholders, the stated positions of Xxxx Xxxxx and representatives of the bondholders, and the Company's stated intention to file bankruptcy in the near term. While the Investors will, of course, continue to fulfill their obligations under the Purchase Agreement, it is important for the Company and all of its stakeholders to understand that the Investors will not waive any of the conditions to their obligations to consummate the transactions contemplated by the Purchase Agreement. In addition, the Investors will not undertake any further actions in connection with the Company's ongoing restructuring efforts (including engaging in any discussions or negotiations with respect to alternative transactions) that are not required by the terms of the Purchase Agreement. The Company and its representatives should not take any action that could lead anyone to believe that the transactions contemplated by the Purchase Agreement will be consummated or that Forstmann Little or Telmex intend or are obligated to consider or consummate any alternative transaction. In light of the foregoing, the Investors request that the Company mutually agree with the Investors to terminate the Purchase Agreement to clarify for all of the Company's stakeholders the restructuring options actually available to the Company. If the Company declines to do so, the Investors reserve all of their rights to terminate the Purchase Agreement. Please be advised that Forstmann Little intends to amend its Schedule 13D regarding its investment in the Company to disclose the contents of this letter and to attach this letter as an exhibit to that amendment. In light of the Company's previous public statements about the status of the Purchase Agreement, we also suggest that the Company seriously consider whether it has a duty to disclose publicly the contents of this letter. Forstmann Little and Telmex expressly reserve all of their rights under the Pur...
Dear Xxxx. Pursuant to Section 3 of the above referenced Lease, please be advised that Hughes Supply, Inc. has elected to extend the term of the Lease for xx xxxitional three (3) years. The extended term will commence May 13, 1999 and will expire May 12, 2002, and will be on all of the terms and conditions of the Lease. Please sign and date the Landlord Consent at the bottom of this letter and return it by overnight mail in the enclosed Federal Express envelope. Thank you for your assistance with this matter. Very truly yours, Mark Scimeca, Associate Xxxxxxx Xxxxsel Enclosure
Dear Xxxx. Re: Testing At the time of a job posting when the Company, as part of its qualification assessment, decide to carry out testing, the following procedure will apply:
Dear Xxxx. This letter agreement (the "Agreement") by and among RJR Nabisco Holdings Corp., RJR Nabisco, Inc. (collectively, "RJR Nabisco"), Nabisco Holdings Corp., Nabisco, Inc. (collectively, "Nabisco"), (RJR Nabisco and Nabisco are collectively referred herein as the "Company"), their successors, affiliates and/or assigns, and you, describes the termination of your employment relationship with the Company, and the Company's obligations to you under your Amended and Restated Employment Agreement dated December 14, 1995, with the Company (the "Employment Agreement"). Except as otherwise defined herein, capitalized terms herein shall be defined as in the Employment Agreement.
Dear Xxxx. This Fifth Amendment to the Participation Agreement (the "Fifth Amendment"), dated as of January 31, 2001, is entered into among REMEC Inc., a California corporation, as Lessee; Union Bank of California, N.A. not in its individual capacity except as expressly stated herein but solely as Certificate Trustee; the Persons named on Schedule 1-A of the Participation Agreement (together with their respective permitted successors, assigns and transferees,) as Certificate Purchasers; the Persons listed on Schedule 1-B of the Participation Agreement (together with their respective permitted successors, assigns and transferees), as Lenders; and Union Bank of California, N.A. as Agent.
Dear Xxxx. As we discussed today by phone, Gilead has negotiated a Patent Rights Purchase Agreement with Isis Pharmaceuticals, Inc. ("Isis"), a biopharmaceutical company based in Carlsbad, California, pursuant to which Gilead will assign all of its antisense patent rights to Isis. As part of this Agreement, Gilead will be assigning to Isis the License Agreement between Gilead and Xxxx Research Corporation dated January 1, 1994, as amended November 19, 1996 (the "License Agreement"). The purpose of this letter is to obtain the formal consent of Xxxx Research Corporation to the proposed assignment of the License Agreement to Isis, as required by Section 16 of the License Agreement. Please indicate your consent to the assignment by executing and dating this letter in the space indicated below and returning it to my attention via facsimile at (650) 577-5488. When you receive the original copy of the letter please execute and date it (using the same date) and return it to me by courier. We would be happy to discuss the proposed assignment in more detail with you, or put you in touch with appropriate people at Isis. Please give me a call at (650) 000-0000, or Xxxx Xxxxxxxx at (000) 000-0000, if you have any questions. Thank you for your prompt response to this matter. Very truly yours,