Examples of PIP Agreement in a sentence
The purpose of the Monthly Collaborative Meetings is to review progress and possible barriers during PIP Agreement implementation.
All Notices must be delivered as provided in Section 9.11 of the PIP Agreement.
Pursuant to Section 8.19 of the PIP Agreement, Mr. Tolmakov and/or his affiliates will enter into certain leasing transactions as set forth therein (the “PIP Leases”) that are expressly permitted under Section 9.37 of the Indenture.
If Borrower or Operating Lessee receives from any Person any notice or claim of a monetary default or material non-monetary default or material nonperformance by Borrower under any PIP Agreement, Borrower will promptly transmit a complete copy of each such notice or claim to Lender and, upon Lender’s request, will at all times keep Lender informed, on a timely and current basis, of the status of such claim and any resolution or non-resolution thereof.
For example, if the start date of the PIP Agreement is October 1, then proposed PIP Agreement end date will be September 30th of the following year.
Other than potential conflicts that may arise under the PIP Agreement, the Company is not, as of the date hereof, a party to, nor shall it, on or after the date of this Agreement, enter into, any agreement with respect to the Notes or the Company’s Common Stock that conflicts with the rights granted to the Investors in this Agreement.
To ensure projects receive the best possible support to accomplish performance goals, and to ensure that the PIP Agreement is used as a tool to plan successful improvements, each PIP Agreement will be reviewed thoroughly by ECHO staff before final approval.
The PIP Agreement may be completed by any member of the agency but must ultimately be approved by the Executive Director before submission.
If, other than as expressly contemplated under the PIP Agreement, at any time prior to the payment in full of amounts due under the Notes and the Indenture, Bxxxx Cherdabayev or Toleush Tolmakov (each a “Selling Stockholder”) proposes to sell any shares of Common Stock to a third party (the “Proposed Transferee”), each holder of Notes shall be permitted to participate in such sale (a “Co-Sale”) on the terms and conditions set forth in this Article.
Subject to the terms and conditions of this Termination Agreement, the PIP Agreement is hereby terminated as of the date first written above (the “Termination Date”).