GS definition
Examples of GS in a sentence
The GS Cap will not apply to any Hotel in which the applicable New Lessee is not a direct or indirect wholly owned subsidiary of Lessee.
For purposes of calculating the Incentive Fee for Fiscal Year 2024, actual House Profit for each Hotel will be calculated without giving effect to the GS Cap.
DPLS and GS represent and warrant to the each other that nothing contained in this Settlement Agreement violates the terms of any other agreement or any applicable law.
GS agrees to hold the Confession of Judgment and not to file or otherwise enforce the Confession of Judgment during the "Forbearance Period." The Forbearance Period shall begin concurrently upon execution of this Settlement Agreement and shall end if and only in the event that DPLS fails to com.ply with the share issuance requirements set forth in Section 3, below.
Together with the execution of this Settlement Agreement, DPLS shall deliver via em.ail to GS, an executed scanned copy of the confession of judgment setting forth an award in favor of GS and against DPLS of $2,673,423.19, subject to any reductions per Section 3e herein, fully executed and in the form attached hereto at Exhibit 1 (the "Confession of Judgment").