default provisions means the provisions of paragraph 6(1)(b) of Schedule 1 to the 2012 Regulations (as substituted by paragraph 6(1C) of that Schedule);
default provisions means the provisions of paragraph 25(1)(b) (as substituted by paragraph 25(1C) for pensioners; the provisions of paragraph of paragraph 26(1)(b) (as substituted by paragraph 26(5) for persons who are not pensioners; the provisions of 27(2)(c) (as substituted by paragraph 27(5) for persons who are not pensioners and in a polygamous marriage.
default provisions means the provisions of paragraph 6(1)(b) of Schedule 1 to the
Examples of default provisions in a sentence
The Department may terminate this Agreement if any of the events of default described in the Events of Default provisions below occur or in the event that Grantee fails to fulfill any of its other obligations under this Agreement.
District, in its sole discretion, may choose not to enforce the Default provisions of this Agreement and may instead allow Consultant to continue performing the Services.
More Definitions of default provisions
default provisions means whichever is relevant of regulation 22(1)(b) or 23(1)(c) of the 2006 Regulations or regulation 22(1)(b) of the 2006 (SPC) Regulations, as they apply apart from regulation 22(4) or 23(4) of the 2006 Regulations or regulation 22(5C) of the 2006 (SPC) Regulations respectively;
default provisions. On non-payment of Participation Interest share of Joint Account Costs. Transfer of Participation Interest to other Parties if Default not remedied within 90 days. Joint Participation If all Parties agree to participate, operations will be carried out as a Joint Operation. Approval of Appraisal Programs and budgets and development plans to be by unanimous determination of the Management Committee. Parties not participating in a Development Program forfeit all rights to the Sub-Area and the Development Licence Areas the subject of the Development Plan and transfer all rights and interests etc in that Area to participating Parties.
default provisions. Cross defaulted with existing bank loan document default provisions Conditions: Subject to: . Execution of satisfactory Inter-creditor agreement . Satisfactory fairness opinion . Satisfactory opinion of counsel . ATS, ATI and AGC trade credit exposure of $750,000 to be termed out over 9-12 months, or settled for some discount Xxxxxxxxx Enviromental & Industrial Equity Partners, L.P. . Preparation of a three-year business plan for ATS, ATI and AGC (including financial projections) which is acceptable to Xxxxxxxxx
default provisions. If interest payments due to the Noteholders are more than 30 days past due, the Notes will be in default and become due and payable to the Noteholders. EXHIBIT B Form of Note THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, NOR UNDER ANY STATE SECURITIES LAW AND MAY NOT BE PLEDGED, SOLD, ASSIGNED OR TRANSFERRED UNLESS (I) A REGISTRATION STATEMENT WITH RESPECT THERETO IS EFFECTIVE UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND ANY APPLICABLE STATE SECURITIES LAW REQUIREMENTS HAVE BEEN MET OR (II) EXEMPTIONS FROM THE REGISTRATION REQUIREMENTS UNDER THE SECURITIES ACT AND THE REGISTRATION OR QUALIFICATION REQUIREMENTS OF APPLICABLE STATE SECURITIES LAWS ARE AVAILABLE. $ .00 KONA GRILL, INC. PROMISSORY NOTE March 6, 2009 Kona Grill, Inc., a Delaware corporation (the “Company”), the principal office of which is located at 0000 Xxxx Xxxxxxxxx Xxxx, Xxxxx 000, Xxxxxxxxxx, Xxxxxxx 00000, for value received hereby promises to pay to (the “Holder”), the principal sum of Dollars ($ ), or such lesser amount as shall then be outstanding hereunder. The principal amount hereof and any unpaid accrued interest hereon, as set forth below, shall be due and payable on the earlier to occur of (i) September 2, 2009 (ii) an Equity Funding Event (collectively, the “Maturity Date”), or (ii) when declared due and payable by the Holder upon the occurrence of an Event of Default (as defined below). Payment for all amounts due hereunder shall be made by mail to the registered address of the Holder. This Note is being issued pursuant to a private offering of up to $1.5 million principal amount of notes issued by the Company during March 2009 (the “Note Offering”). The following is a statement of the rights of the Holder of this Note and the conditions to which this Note is subject, and to which the Holder hereof, by the acceptance of this Note, agrees:
default provisions. Upon Default, privately held DNOBi, Inc. allows Note Holder to elect 2 members to its Board of Directors, coupon moves to 10%, term moves to 720 days from Date of Note. Pre-payment provision: No Pre payment penalties in default of otherwise.
default provisions. Cross defaulted with existing bank loan document default provisions Conditions: Subject to: . Execution of satisfactory Inter-creditor agreement . Satisfactory fairness opinion . Satisfactory opinion of counsel . ATS, ATI and AGC trade credit exposure of $750,000 to be termed out over 9-12 months, or settled for some discount . Preparation of a three-year business plan for ATS, ATI and AGC (including financial projections) which is acceptable to Xxxxxxxxx