Examples of Forfeited Interests in a sentence
The Company shall be permitted to use the Forfeited Interests for grants of Interests at the next or any subsequent Trading Window.
The Sponsor hereby represents and warrants to the Company and the Contributor, as of the date hereof and as of the Closing, that the Sponsor owns, and holds of record, all of the Forfeited Interests, free and clear of all Liens and other obligations in respect of the Forfeited Interests.
The Sponsor hereby agrees to (i) take, and authorizes HCM to take, such actions as shall be necessary to evidence such surrender and forfeiture of such Forfeited Interests as of immediately prior to the Effective Time and (ii) provide the Company with documentation reasonably satisfactory to the Company evidencing the satisfaction of the Sponsor's obligation to surrender and forfeit such Forfeited Interests prior to the Effective Time.
The Sponsor hereby agrees to (i) take, and authorizes HCM to take, such actions as shall be necessary to evidence such surrender and forfeiture of such Forfeited Interests as of immediately prior to the Effective Time and (ii) provide the Company with documentation reasonably satisfactory to the Company evidencing the satisfaction of the Sponsor’s obligation to surrender and forfeit such Forfeited Interests prior to the Effective Time.
Sensors are used to sense the external environment, and actuators are used to steer the larger physical system.
Notwithstanding the expulsion of a defaulting Partner pursuant to this Section and the forfeiture by such defaulting Partner of its Forfeited Interests, such defaulting Partner (i) shall have, and shall continue to be liable to the Partnership and the other Partners for, all obligations, liabilities, costs, expenses, losses and damages provided in Sections 3.3(c)(1), 3.3(c)(2) and 3.3(c)(3) and (ii) shall have the rights under Section 3.3(c)(4).
The government’s updated guidance on preparing employment land reviews refers to the benefits of seeking the views of the property market professionals, and understanding the current and future needs of the market.
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Upon the forfeiture of the Forfeited Interests, Pecuniary Interest in AOG Units of the Senior Manager and his Group shall be decreased by the Pecuniary Interest forfeited and, at BRH’s discretion, either (i) BRH’s Pecuniary Interest in AOG Units shall be increased by the Forfeited Interests received or (ii) the Forfeited Interests will be transferred to the member of the Apollo.
For avoidance of doubt, the Forfeited Interests shall not include any AOG Units that have been sold to a Person outside the Forfeiting Senior Manager’s Group in accordance with the terms of this Agreement and any other agreement referenced herein.