Examples of Participant Entities in a sentence
The Company or its subsidiaries shall have the right to deduct from any cash payment made under this Agreement to the applicable Participant Entities any federal, state or local income or other taxes required by law to be withheld with respect to such payment.
Notwithstanding the foregoing, if an Event exists and is continuing for ninety (90) days, the Participant Entities shall be permitted by written notice to cause the Company to rescind any Call Notice but the Company shall have another thirty (30) days from the date of such the Event ceases to exist to give another Call Notice on the terms applicable to the first Call Notice.
Except as otherwise provided herein, if, prior to a Qualified IPO, the Participant’s employment is terminated for a reason other than by the Company for Cause (each, a “Section 6(b) Call Event”), with respect to Stock held by the Participant, the Company may purchase all or any portion of the shares of Stock then held by the applicable Participant Entities at a per share price equal to the Fair Value per share on the date the Call Notice is given, (the “Section 6(b) Repurchase Price”).
Equipment layout drawings for main step-down receiving substations and other units sub-stations.
The Participant Entities with which subscription orders for Additional Shares are placed will pay the amounts corresponding to the payment for these shares through the channels made available by Iberclear, such that they are received by the Bank no later than 10:30 a.m. Madrid time on 27 July 2017, with the value date on this same day.
According to the proposed schedule, the Participant Entities with which subscription orders for New Shares are placed will pay the amounts corresponding to the payment for the New Shares subscribed during the Pre-emptive Subscription Period to the Agent through the channels made available by Iberclear, such that they are received by the Bank no later than 10:30 a.m. Madrid time on 27 July 2017, with the value date being the same day.
The Subscription Price of each New Share subscribed during the Allocation Period for Additional Shares must be paid up in full no later than 10:30 a.m. Madrid time on 27 July 2017 through the Participant Entities with which their subscription orders for Additional Shares were placed.
All unvested and/or unexercisable Awards held by the applicable Participant Entities shall terminate without payment immediately upon termination of employment.
In the event that the Participant Entities do not exercise the foregoing rights, all exercisable but unvested and/or unexercised Awards shall terminate pursuant to the terms of the Award Agreement.
The entities in charge of the accounting records will be Iberclear and its Participant Entities.