Existing Charter definition
Examples of Existing Charter in a sentence
The Borrower will ensure that no Owner shall agree to any material amendment or supplement to, or waive or fail to enforce, any Existing Charter or any Charterparty or any of its provisions.
The Borrower shall not enter into any agreement or arrangement for the sharing of any Earnings (other than any arrangements for the sharing of Earnings included in the Existing Charter).
In consideration of the Provider’s fulfillment of its obligations herein, the District will pay the Provider a total of $3,155.00 per year for each enrolled student.
All legal and procedural requirements and other formalities concerning the approval, amendment and filing of the Existing Charter Documents, the Restated Charter Documents (at or prior to Closing) and the Subsidiaries Charter Documents have been duly and properly complied with.
Under TSIA’s Existing Charter, the Merger may be consummated only if TSIA has at least $5,000,001 of net tangible assets after giving to all holders of Public Shares that properly demand redemption of their shares for cash.