SECOND definition
Examples of SECOND in a sentence
Any remaining funds will be paid to the Cy Pres Recipients under this Agreement within thirty (30) days following the deadline to cash any Second Eligible Payments.
Purchaser’s failure to pay the Initial Xxxxxxx Money or the Second Deposit or the Third Deposit on the applicable date shall constitute a material default by Purchaser under Section 14 below.
Within thirty (30) days following the Effective Date, Purchaser shall pay to the Title Company a sum equal to an additional ten percent (10%) of the Purchase Price (such additional sum, the “Second Deposit”) so that the Initial Xxxxxxx Money and the Second Deposit together equal fifteen percent (15%) of the Purchase Price.
On July 26, 2024, Plaintiff filed a Second Amended Complaint, adding class action allegations for (1) failure to pay all overtime wages, (2) meal period violations, (3) rest period violations, (4) failure to pay all sick time, (5) wage statement violations, (6) waiting time penalties, (7) failure to reimburse necessary business expenses, (8) unfair competition, and (9) PAGA penalties.
Pursuant to the Commitment Letter and in consideration of the commitment by Xxxxxxx contained therein, we have agreed to (i) pay a commitment fee to Xxxxxxx comprised of 8,241,758 shares of Class A common stock and (ii) exchange $100.0 million aggregate principal amount of our 10%/12% Cash/PIK Toggle Second Lien Subordinated Notes due 2026 held by Xxxxxxx for 13,736,264 shares of Class A common stock.