Note I means the Promissory Note, as defined in Section 3.1, and any other promissory note now or hereafter evidencing Line of Credit I and all modifications, extensions and renewals thereof. "Note II" shall mean the Promissory Note, as defined in Section 3.2, and any other promissory note now or hereafter evidencing Line of Credit II and all modifications, extensions and renewals thereof. "Permitted Debt" shall mean (a) the Indebtedness; and (b) any other Debt listed on Exhibit 1.1C hereto (if any) and any extensions, renewals, replacements, modifications and refundings of any such Debt if, and to the extent, permitted by Exhibit 1.1C; provided, however, that the principal amount of such Debt may not be increased from the amount shown as outstanding on such exhibit; and (c) such other Debt as the Lender may consent to in writing from time to time. "Permitted Liens" shall mean (a) Liens securing the Indebtedness; (b) Liens for taxes and other statutory Liens, landlord's Liens and similar Liens arising out of operation of law (provided they are subordinate to the Lender's Liens on Collateral) so long as the obligations secured thereby are not past due or are being contested as permitted herein; (c) Liens described on Exhibit 1.1D hereto (if any), provided, however, that no debt not now secured by such Liens shall become secured by such Liens hereafter and such Liens shall not encumber any other assets; and (d) such other Liens as the Lender may consent to in writing from time to time. "Person" shall mean any natural person, corporation, unincorporated organization, trust, joint-stock company, joint venture, association, company, limited or general partnership, any government, or any agency or political subdivision of any government, which includes where applicable the Borrower. "Purchase Agreement" shall mean that certain Share Purchase Agreement between Lender and Borrower dated the date of this Agreement. "Security Agreement" shall mean this Agreement as it relates to a security interest in the Collateral, and any other mortgage, security agreement or similar instrument now or hereafter executed by the Borrower or other Person granting the Lender a security interest in any Collateral to secure the Indebtedness. "Subsidiary" shall mean any corporation, partnership or other Person in which the Borrower, directly or indirectly, owns more than fifty percent (50%) of the stock, capital or income interests, or other beneficial interests, or which is effectively contro...
Note I posting in the plant, management determines that no suitable employee is available in the bargaining unit, then employees may be hired from outside the bargaining unit. An employee who returns from an absence of up to days because of vacation, leave of absence, funeral leave, jury duty, or occupational or non-occupational illness or injury may make application retroactively for any permanent vacancies posted during his absence, provided that he does so within working days following his return to work. The Company may contact an absent employee to determine if wishes to bid on a permanent vacancy, and must respond to such inquiry within hours or forfeit his right to such bid. Note 3: For entry into Maintenance, see Section Filling Permanent Vacancies (Maintenance). Section Trial Period An employee bidding or permanently assigned or transferred to a new job, in the Company's opinion, will have a fair trial and training on such job. An employee shall be returned to his old job if he is unable to perform the new job satisfactorily. Section (Maintenance) A - Entry into the Maintenance job classification will be made at the Company's discretion by either hiring from outside or by the assignment of an employee of the Company's choice to be trained in the job. The following criteria, among others, may be used in the selection of an employee for these job classifications. Results from a Company-designated test battery to measure maintenance aptitude, interest and other skills and characteristics specific to maintenance. Physically able to perform all types of plant maintenance work. Xxxxxxx and able to perform high work. Xxxxxxx and able to continually work overtime and emergency call-in or call-back work subject to applicable law. Xxxxxxx and able to take formal trade school courses as selected by management and to take such courses on a continuing basis during the training period. Must have shown good job proficiency, had a good attendance record, and have been a productive employee in previous jobs performed in the plant. Training Grade to months Training Grade Ito months C An employee with obvious skills may be advanced at a faster rate. Advancement through the training grade will be based on management's judgment of the employee's skills and job performance. An employee who is not progressing satisfactorily to the Maintenance classification may be kept in training for longer than the above-listed time, or he may be disqualified. An employee who is disqualified...
Note I. The sewage bills are in the landlord's name and will be delivered to the tenant's monthly. Should the tenants not pay this fee (sewage xxxx) and the landlord is sent to collections, all security deposits will be forfeited. Your heat type is Your Hot Water type is:---------
Examples of Note I in a sentence
I understand that by accepting any disbursements issued at any time under this Note, I agree to repay the loans.
The ancient doctrine of Fasting and Prayer was explained here at the 10:30:32 mark: https://www.youtube.com/watch?v=4Mb9gU6DmKs Judy Note: I do not now, nor have I ever, received monies for writing my Updates and articles.
In accordance with the terms of this Note, I agree to pay you reasonable costs and expenses to the extent permitted by law, including reasonable attorneys’ fees, court and other collection costs, which you incur in enforcing the terms of this Note if I am in default.
As discussed further in Note I, these financial statements are presented on the modified cash basis of accounting.
When I sign this Note, I represent to you that I have reviewed and am in compliance with the terms contained in the Commercial Loan Agreement.
More Definitions of Note I
Note I the convertible promissory note in the original principal amount by which (i) $2,000,000.00 exceeds (ii) the principal amount owing on the GECC Loan on the date of closing; in the form of Exhibit B, and with the option of the holder to convert up to $1,000,000.00 of the debt represented by Note I into common stock of Search on the terms and conditions contained in Exhibit B,to be executed and delivered to HFG by Search and SFC at closing; and all renewals, extensions, restructurings, modifications and substitutions for Note I.
Note I. The courses meeting the "Food Category" required elective are SBS 304 Food, Culture and Eating or ANT 233 Food and Culture. Other options may be added in the future.
Note I. The above adjustments resolve the issue of Pay Equity maintenance to date, and the parties further agree that future collective bargaining settlements or awards will be deemed to resolve any future issues related to Pay Equity maintenance without any specific reference to male comparators. It is understood and agreed that the parties will take into consideration the issue of pay equity when tabling proposals through the normal course of collective bargaining. (Articles and apply to part-time nurses only) The hourly salary rates, inclusive of the percentage in lieu of fringe benefits in effect during the of this Agreement for all regular and casual part- time nurses shall be those calculated in accordance with the following formula: Applicable straight time hourly rate + The hourly salary rates payable to a regular or casual part-time nurse include compensation in lieu of all fringe benefits which are paid to full-time nurses except those specifically provided to part-time nurses in this Agreement. It is understood and agreed that holiday pay is includedwithin the percentage in lieu of fringe benefits. It is further understood and agreed that pension is included within the percentage in lieu of fringe benefits. Notwithstanding the foregoing, all part-time nurses may, on a voluntary basis, enroll in the Hospital's Pension Plan when eligible in accordance with the or as applicable, add on payment in lieu of fringe benefits will not be included for the purpose of computing any premium or overtime payments. The parties agree to maintain the percentage differentials in the wage rates which presently exist between the classification of Registered Nurse and the other classifications which are covered by the Collective Agreement. A nurse in the employ of the Hospital who holds a Temporary or Provisional Certificate of Registration as a registered nurse and who obtains her or his General Certificate of Registration shall be given the salary of the Registered Nurse as provided in this Article effective the date the nurse presents proof of obtaining her or his General Certificate of Registration to the Chief Nursing Officer or her or his designate, or to the date of last hire whichever is later. Note: Where an employee is in a position other than in a registered nursing position with duties and responsibilities which are subject to the Regulated Health Professions she or he shall be treated in a manner consistent with this Article. A nurse is required to present to th...
Note I. The Employer will take into account the needs of the School and the Employee in dealing with applications for study leave. In addition to leave for
Note I. The Thematic Cluster requirement is met by any three courses outside of the major at the USM 200-level or above.
Note I. In the bargaining units where full-time and part-time nurses are both employed, seniority lists and layoff and recall rights of time nurses shall be separate from full-time nurses. NOTE The seniority list referred to in Article shall include any other information that is currently provided to the Association. Written requests for a personal leave of absence without pay be considered on an individual basis by the Director of Nursing or her designate. Such requests are to be given as far in advance as possible and a written reply will be given within fourteen days; except in cases of emergency in which case a reply be given as soon as possible.
Note I means the Promissory Note, as defined in Section 3.1, and any other promissory note now or hereafter evidencing Line of Credit I and all modifications, extensions and renewals thereof. "Note II" shall mean the Promissory Note, as defined in Section 3.2, and any other promissory note now or hereafter evidencing Line of Credit II and all modifications, extensions and renewals thereof.