Nature of definition

Nature of transaction: Provision of a RMB285,000,000 term loan by CS Interest rate: 10% discount to the benchmark RMB loan interest rate
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Nature of. Survival of Vendor's Representations, Warranties, Covenants and Indemnities and Limitations on Claims (a) The representations and warranties of Vendor set forth in Article 4 shall survive the Closing for the benefit of Purchaser for a period of eighteen months from the Closing, after which time Purchaser shall not be entitled to advance, make or bring any Claims whatsoever against Vendor with respect to those representations and warranties, or any indemnities relating thereto; provided that notwithstanding the foregoing: (i) the representations and warranties in Section 4.2 and Section 4.4 and the indemnities related thereto shall survive for an indefinite period from the Closing; and (ii) the representations and warranties in Section 4.19 and the indemnities related thereto (including the indemnities in Article 11 shall continue in full force and effect for the benefit of Purchaser until 120 days after the later of: (A) the last date on which an assessment or reassessment for Taxes under the Tax Act or under any other Applicable Laws imposing Taxes can be made against the Corporation or the Subsidiaries in respect of the dates or periods covered by those representations and warranties; and (B) the date on which the period for an appeal from an assessment, reassessment or other determination of those Taxes, or decision of a court or other competent tribunal in respect thereof may be filed has expired and that appeal has not been filed. (b) Purchaser shall not be entitled to make any Claim under this Agreement unless each such Claim is in excess of $2,000,000 in the case of any single incorrect or inaccurate representation or warranty or breach of a covenant and the aggregate amount of all of those Claims as a result of all incorrect or inaccurate representations and warranties and the breaches of all covenants of Vendor contained in this Agreement (including any Claims for indemnity arising out of those incorrect or inaccurate representations or warranties and those breaches of covenants) is equal to or greater than $50,000,000, in which case Purchaser will be entitled (subject to Section 6.2(c)) to recover all Losses of Purchaser related to those Claims. For purposes of this Section 6.2(b), including any applicable Claims pursuant to Article 10, after Closing any applicable representation and warranty or covenant of Vendor shall be deemed not to be qualified by any reference in the text thereof to Material or to a Material Adverse Effect and Vendor's repr...
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Examples of Nature of in a sentence

  • Acknowledgment of Nature of Plan and RSUs. This provision supplements Section 7 of the Agreement: You acknowledge that the RSUs and related benefits do not constitute a component of your “wages” for any legal purpose.

  • Nature of Dividends- Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period.

  • Duration of Processing Duration of this agreement Nature of Processing To carry out services for you in relation to your booking.

  • Such notice shall contain the following information: Nature of position, qualifications, required knowledge and education, skills, shift, hours of work, wage or salary rate or range.

  • Such notice shall contain the following information: Nature of position, qualifications, required knowledge and education, skills, wage or salary rate or range and location.

  • The Administrative Agent shall, promptly after receipt by it of a Loan Request pursuant to Section 2.5.1 [Revolving Credit Loan Requests], notify the Lenders of its receipt of such Loan Request specifying the information provided by the Borrower and the apportionment among the Lenders of the requested Revolving Credit Loans as determined by the Administrative Agent in accordance with Section 2.2 [Nature of Lenders’ Obligations with Respect to Revolving Credit Loans].

  • None Frequency of the transfer Continuous Nature of the processing The nature of the processing (incl.

  • Notices shall contain the following information: Nature of position, qualifications, required knowledge and education, skills, shift, wage or salary rate or range, and anticipated length of any temporary assignment, if posted.

  • The Administrative Agent shall, promptly after receipt by it of a Loan Request pursuant to Section 2.5 [Revolving Credit Loan Requests; Swing Loan Requests], notify the Lenders of its receipt of such Loan Request specifying the information provided by the Borrower and the apportionment among the Lenders of the requested Revolving Credit Loans as determined by the Administrative Agent in accordance with Section 2.2 [Nature of Lenders’ Obligations with Respect to Revolving Credit Loans].

  • The following provisions supplement Section I (Nature of Grant) of this Appendix A: Acknowledgment of the Grant.