At Other Times Sample Clauses

At Other Times. If at any other time Electro Rent terminates Executive other than for Cause, or if Executive terminates for Good Reason, then in addition to amounts that Executive is entitled to receive under Section 5.1, Executive shall be entitled to receive as a severance payment an amount equal to one year of Base Salary in effect at that time, payable, at the Company's option, either (i) in monthly installments over one year or (ii) as one accelerated lump sum as soon as practically possible, with an appropriate discount to reflect such acceleration. In addition, in both cases 5.2.1 and 5.2.2, (1) upon payment of Electro Rent's bonus pool (if any) for its employees (including Executive) for the year in which the termination occurs (the "Final Bonus Pool"), Executive will be paid (at the same time as other bonuses from the Final Bonus Pool are paid) a share of any Final Bonus Pool equal to Executive's share of the comparable bonus pool for the immediately prior year times the percentage of the year which passed prior to the Date of Termination and (2) the Company will reimburse Executive for any COBRA payments for the 12 months following the Date of Termination.
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At Other Times. From and after the Effective Date, and throughout the Term, Landlord or Tenant (as specified below) shall carry the following insurance, at each of their respective expense:
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At Other Times. Prior to the Maturity Date, the Commitment Amount, and the pro rata portion of the Commitment of each Lender, shall be reduced as follows: (a) on (A) the last day of each Fiscal Quarter ending June 2008, September 2008, December 2008, and March 2009 by an amount equal to five percent (5%) of the Commitment Amount existing on March 31, 2008 (the “Determination Date”) and (B) the last day of each Fiscal Quarter ending June 2009, September 2009, and December, 2009 by an amount equal to twenty percent (20%) of the Commitment Amount existing on the Determination Date; (b) by the amount of any Excess Sale Proceeds received by the Borrower and its Subsidiaries in connection with an Asset Sale, such reduction to be made (i) in the case of an Asset Sale having a fair market value in excess of $25,000,000, on the fifth (5th) Business Day after the receipt of any Excess Sale Proceeds, and (ii) in the case of an Asset Sale having a fair market value not in excess of $25,000,000, on the last day of the Fiscal Quarter in which any Excess Sale Proceeds are received; and (c) on the fifth (5th) Business Day after receipt of such cash proceeds, by the amount of the cash proceeds, minus customary fees, expenses, commissions, discounts and any other reasonable transaction costs incurred in connection therewith, of any issuance on or after the Effective Date by the Borrower or any of its Restricted Subsidiaries of debt securities in a public offering or in a private placement, in each case (i) only to the extent issued by the Borrower or any of its Restricted Subsidiaries in consideration for cash, (ii) excluding proceeds of revolving credit facilities and similar facilities, (iii) excluding Refinanced Indebtedness, (iv) excluding any debt securities relating to limited-recourse international project financing, and (v) excluding any debt securities issued in consideration for, or the proceeds of which are used to pay or refinance, the purchase price of any acquisition occurring after the Effective Date of any Person or any property.
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At Other Times. If at any other time Electro Rent terminates Executive other than for Cause, or if Executive terminates for Good Reason, then in addition to amounts that Executive is entitled to receive under Section 1, Executive shall be entitled to receive as a severance payment one times Executive’s Base Salary in effect at that time, payable as one lump sum on the 60th day after Executive’s termination of employment. In addition, in both cases 2.1 and 2.2, (1) upon payment of Electro Rent’s bonus pool (if any) for its employees (including Executive) for the year in which the termination occurs (the “Final Bonus Pool”), Executive will be paid (at the same time as other bonuses from the Final Bonus Pool are paid) a share of any Final Bonus Pool equal to Executive’s share of the comparable bonus pool for the immediately prior year times the percentage of the year which passed prior to the Date of Termination and (2) Electro Rent will reimburse Executive in arrears each month for any COBRA payments for the 12 months following the Date of Termination. Further, for the avoidance of doubt, (i) the termination of Executive’s employment due to his death or Disability shall not entitle Executive to any of the payments or benefits set forth in this Section 2 and (ii) Executive shall not in any case be entitled to the payments and benefits set forth in both Section 2.1 and 2.2.
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Related to At Other Times

  • Withholding and other Deductions All compensation payable to Executive hereunder shall be subject to such deductions as the Company is from time to time required to make pursuant to law, governmental regulation or order.

  • Tax Returns and Other Reports The Administrative Trustees shall prepare (or cause to be prepared) at the principal office of the Trust in the United States, as defined for purposes of Treasury regulations section 301.7701-7, at the Depositor’s expense, and file, all United States federal, state and local tax and information returns and reports required to be filed by or in respect of the Trust. The Administrative Trustees shall prepare at the principal office of the Trust in the United States, as defined for purposes of Treasury regulations section 301.7701-7, and furnish (or cause to be prepared and furnished), by January 31 in each taxable year of the Trust to each Holder all Internal Revenue Service forms and returns required to be provided by the Trust. The Administrative Trustees shall provide the Depositor, Taberna Capital Management, LLC and the Property Trustee with a copy of all such returns and reports promptly after such filing or furnishing.

  • Withholding Taxes and Other Deductions To the extent required by law, the Company shall withhold from any payments due Executive under this Agreement any applicable federal, state or local taxes and such other deductions as are prescribed by law or Company policy.

  • SEC and Other Reports promptly upon their becoming available, one copy of (i) each financial statement, report, notice or proxy statement sent by the Company or any Subsidiary to public securities holders generally, and (ii) each regular or periodic report, each registration statement (without exhibits except as expressly requested by such holder), and each prospectus and all amendments thereto filed by the Company or any Subsidiary with the Securities and Exchange Commission and of all press releases and other statements made available generally by the Company or any Subsidiary to the public concerning developments that are Material;

  • Dividends and Other Distributions On any day occurring after the Trade Date, Counterparty declares a distribution, issue or dividend to existing holders of the Shares of (A) any cash dividend (other than an Extraordinary Dividend) to the extent all cash dividends having an ex-dividend date during the period from, and including, any Forward Price Reduction Date (with the Trade Date being a Forward Price Reduction Date for purposes of this paragraph (ii) only) to, but excluding, the next subsequent Forward Price Reduction Date exceeds, on a per Share basis, the Forward Price Reduction Amount set forth opposite the first date of any such period on Schedule I, (B) any Extraordinary Dividend, (C) any share capital or other securities of another issuer acquired or owned (directly or indirectly) by Counterparty as a result of a spin-off or other similar transaction or (D) any other type of securities (other than Shares), rights or warrants or other assets, in any case for payment (cash or other consideration) at less than the prevailing market price, as determined in a commercially reasonable manner by Dealer; “Extraordinary Dividend” means any dividend or distribution (that is not an ordinary cash dividend) declared by the Issuer with respect to the Shares that, in the commercially reasonable determination of Dealer, is (1) a dividend or distribution declared on the Shares at a time at which the Issuer has not previously declared or paid dividends or distributions on such Shares for the prior four quarterly periods, (2) a payment or distribution by the Issuer to holders of Shares that the Issuer announces will be an “extraordinary” or “special” dividend or distribution, (3) a payment by the Issuer to holders of Shares out of the Issuer’s capital and surplus or (4) any other “special” dividend or distribution on the Shares that is, by its terms or declared intent, outside the normal course of operations or normal dividend policies or practices of the Issuer;