Changes to Capital Firm Schemes Sample Clauses

The "Changes to Capital Firm Schemes" clause defines the process and conditions under which modifications can be made to the capital structure or investment schemes of a firm. Typically, this clause outlines who has the authority to propose or approve such changes, such as the board of directors or a majority of shareholders, and may require formal notice or a specific voting threshold. Its core practical function is to ensure that any alterations to the firm's capital arrangements are conducted transparently and with appropriate oversight, thereby protecting the interests of stakeholders and maintaining organizational stability.
Changes to Capital Firm Schemes. ‌ 5.1 The Lead Partner may propose changes to any Capital Firm Scheme at any time prior to the Capital Firm Scheme Completion Date. Any such changes must be proposed via IMS and must take account of any Tranche already received by the Lead Partner.‌ 5.2 Where a Pre-Start Change is proposed, Homes England will be entitled to accept or reject such change or to accept it subject to adjustment by Homes England in accordance with the procedure set out in Clause 5.3 (Changes to Capital Firm Schemes) below.‌ 5.3 If Homes England:‌ 5.3.1 accepts the Pre-Start Change in principle, it shall be entitled to recalculate the Capital Firm Scheme Grant allocated to the Capital Firm Scheme by reference to the proposed change. Where the result of that recalculation is a lower Capital Firm Scheme Grant figure than that set out in the Capital Firm Scheme Details, Homes England will notify the Lead Partner and the Lead Partner will have twenty (20) Business Days from the date of receipt of Homes England's notification to advise Homes England as to whether the Relevant Consortium Member wishes to withdraw the Capital Firm Scheme from this Agreement or proceed with it on the basis of the recalculated Capital Firm Scheme Grant figure or to withdraw the proposed Pre-Start Change. If:‌ (a) the Capital Firm Scheme is withdrawn by the Lead Partner (on behalf of the Relevant Consortium Member), Homes England will (subject to any invocation by the Relevant Consortium Member and Lead Partner of Clause 8.1 (Capital Firm Scheme substitution and additions) and any resulting operation of Clause 8 (Capital Firm Scheme substitution and additions) withdraw the Capital Firm Scheme Grant allocated to such scheme and the Allocated Capital Grant figure will be reduced commensurately and the Lead Partner must repay Homes England a sum equivalent to the Acquisition Tranche Grant received by it, such payment to be made within fifteen (15) Business Days of receipt of Homes England's written demand for the same; (b) the proposed Pre-Start Change is withdrawn by the Lead Partner (on behalf of the Relevant Consortium Member), the Lead Partner shall reinstate in IMS the Capital Firm Scheme Details ante the date of the Pre- Start Change and, following Homes England's approval of such reinstated details in IMS, the Capital Firm Scheme shall proceed on the basis of those reinstated Capital Firm Scheme Details; (c) the Lead Partner wishes to proceed with the Capital Firm Scheme, it must immediately amend the Capi...
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Changes to Capital Firm Schemes. 5.1 The Grant Recipient may propose changes to any Capital Firm Scheme at any time prior to the Capital Firm Scheme Completion Date. Any such changes must be proposed via IMS and must take account of any Tranche already received by the Grant Recipient.
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Related to Changes to Capital Firm Schemes

  • Changes to the Parties (a) Amend the new language to be included pursuant to paragraph 2 of Schedule 9 of this Agreement to add the words “except to the extent permitted by this Agreement and” at the start of the paragraph. (b) Amend paragraph (c)(i) of Clause 28.8 (Additional Obligors) to add the words “under the relevant Facility” after the words “Majority Lenders”.

  • Changes to the Lenders Assignments and transfers by the Lenders Subject to this Clause 24, a Lender (the "Existing Lender") may:

  • Changes to Agreement We reserve the right to change any of the terms of this Agreement or any Specifications or Guidelines governing the Service at any time in our sole discretion. All changes will be effective upon posting to the Service. However, for all changes to this Agreement, excluding Specifications and Guidelines, we will post a notice of change for thirty (30) days. You are responsible for reviewing the notice and any applicable changes. YOUR CONTINUED USE OF THIS SERVICE FOLLOWING OUR POSTING OF ANY CHANGES WILL CONSTITUTE YOUR ACCEPTANCE OF SUCH CHANGES. 11) Prime Publishing Intellectual Property. Without our prior written consent, you may not use our intellectual property, including, without limitation, our trademarks, trade names, trade dress, or copyrighted material, in any manner. 12) Communications. Prime Publishing and its Affiliates may communicate with you in connection with the Service, electronically and in other Media, and you consent to such communications regardless of any "Customer Communication Preferences" (or similar preferences or requests) you may have indicated on the web sites of Prime Publishing or its Affiliates or by any other means. 13) Waiver. PRIME PUBLISHING AND ITS AFFILIATES WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, OR CONSEQUENTIAL DAMAGES (INCLUDING BUT NOT LIMITED TO SUCH DAMAGES ARISING FROM BREACH OF CONTRACT OR WARRANTY OR FROM NEGLIGENCE OR STRICT LIABILITY) ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT, EVEN IF WE HAVE BEEN ADVISED OF (OR KNEW OR SHOULD KNOWN OF) THE POSSIBILITY OF SUCH DAMAGES. 14) Disclaimer. PRIME PUBLISHING PROVIDES THE SERVICE "AS IS" WITHOUT WARRANTY OF ANY KIND. 15)

  • Changes to the Obligors No Obligor may assign any of its rights or transfer any of its rights or obligations under the Finance Documents.

  • CEO Changes The HSP will immediately notify the Funder if it becomes aware that the HSP’s CEO will depart the organization.