Control Change Sample Clauses
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Control Change. If the Managing General Partner becomes a Terminated Partner or commits a Removal Default, the ▇▇▇▇-▇▇▇▇ Limited Partner may appoint a Co-General Partner, and such Co-General Partner may elect to become the Managing General Partner and to assume the Managing General Partner's authority and responsibilities under this Agreement as provided in Section 7.9.5 (subject to Section 5.9). If the Managing General Partner has committed a Performance Default with respect to an Investment or a Property, the ▇▇▇▇-▇▇▇▇ Limited Partner shall have the rights with respect to such Investment or Property set forth in Sections 5.10(ii) and 7.9.5 (including the appointment of a Co-General Partner to take all actions with respect to such Investment or Property on behalf of the Partnership, with the Managing General Partner having no further Approval rights with respect to such Investment or Property except those set forth in Section 5.1.6.1).
Control Change. Notwithstanding subsections 5.2(d) above, if within twelve months after a Control Change the Employee’s employment is terminated by the Corporation (other than for Just Cause) or by the Employee for Good Reason, the Corporation shall pay, on the date of termination, to or to the order of the Employee by certified check the aggregate of the following amounts:
(i) if not therefore paid, the Employee’s annual compensation for the current fiscal year of the Corporation for the period to and including the date of termination;
(ii) an amount equal to two (2) times the annual salary in effect on the date of termination plus two (2) times the average annual bonus paid to the Employee in the previous two (2) years; and
(iii) an amount equal to all outstanding and accrued vacation pay to the date of termination.”
Control Change. Notwithstanding subsection 5.2(d) above, if within twelve (12) months of a Control Change the Employee’s employment is terminated by the Employer (other than for Just Cause) or by the Employee, the Corporation shall pay, on the date of termination, to or to the order of the Employee by certified cheque the aggregate of the following amounts:
(i) if not theretofore paid, the Employee’s annual compensation for the then current fiscal year of the Corporation for the period to and including the date of termination;
(ii) an amount equal to two (2) times the annual compensation, at the date of termination. For greater certainty, annual compensation shall refer to the aggregate of annual salary at date of termination, together with an amount equal to the bonus and benefits received during the twelve (12) month period prior to termination; and
(iii) an amount equal to all outstanding and accrued vacation pay to the date of termination.”
Control Change. (a) If a Control Change shall occur, then all rights and obligations of the parties under this Agreement shall terminate upon such occurrence except that
(1) WMX shall continue to exercise the rights granted under part 7 until WMX ceases to be a 1% owner and until WMX ceases to be a 1% owner, parts 8 - 13 shall remain in effect, and
(2) So long as WMX shall be a 5% Owner, WMX shall continue to be entitled to Board representation in accordance with Part 1, and
(3) the parties shall have the rights available under the proviso in Section 11.1(b).
Control Change. Purchaser shall notify Seller by first class and certified mail or any change of ownership of Purchaser, if Purchaser is incorporated, the surviving corporation of a merger, share exchange, asset sale, or any other control change shall have all of the liabilities of Purchaser. Purchaser 12/25/92 /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ------------------------------ --------------------------------- Date (Type or Print Name of Purchaser) /s/ Illegible By: ------------------------------ ------------------------------ Sales Representative of Seller Printed name: -------------------- Title: --------------------------- Date: ---------------------------- INDIVIDUAL PERSONAL GUARANTY
I, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, for an in consideration of your extending credit at my request to ▇▇▇▇▇▇ BAKING (the "Company"), personally guarantee prompt payment of any obligation of the Company to Sysco Corporation and each of its subsidiaries and affiliated entities ("Seller"), whether now existing or hereinafter incurred, and I further agree to bind myself to pay on demand any sum which is due by the Company to Seller whenever the Company fails to pay same. It is understood that this guaranty shall be an absolute, continuing and irrevocable guaranty for such indebtedness of the Company.
Control Change. If there is a Control Change in the Borrower.
Control Change if at any moment during the validity of this Contract, there is a Change of Control relating to the Borrower or to any Affiliate, unless the Financial Institutions provide prior written authorization for the corresponding operation, as communicated through the Agent; and
Control Change. Notwithstanding subsections 5.2(b) above, if within twelve months after a Control Change the Employee’s employment is terminated by the Corporation (other than for Just Cause) or by the Employee for Good Reason, the Corporation shall pay, on the date of termination, to or to the order of the Employee by certified check the aggregate of the following amounts:
(i) if not therefore paid, the Employee’s annual compensation for the current fiscal year of the Corporation for the period to and including the date of termination;
(ii) an amount equal to six (6) months of notice of termination for each partial year or completed year of employment (the “notice period”) or pay in lieu of providing such notice period, with a minimum notice period of twelve (12) months up to a maximum notice period of twenty-four (24) months, based on the annual salary then in effect plus an amount for annual bonus that is calculated as the average of the actual bonus paid by the Corporation, if any, in the prior two (2) years; and;
(iii) an amount equal to all outstanding and accrued vacation pay to the date of termination.
Control Change. If a Control Change occurs. (k) Extinction of domain. If a procedure of extinction of ownership is initiated with respect to the Insured Properties in accordance with the National Law of Extinction of Domain.
Control Change. Prior to any change in control, where a new Person or Entity Having Direct or Indirect Control should be added to the license, the Marijuana Establishment shall submit a request for such change to the Commission prior to effectuating such a change. An individual, corporation, or entity shall be determined to be in a position to control the decision- BE OBTAINED FOR PURCHASE AT THE STATE BOOKSTORE AT ▇▇▇.▇▇▇.▇▇▇▇▇.▇▇.▇▇/▇▇▇/▇▇▇▇▇▇/▇▇▇▇▇▇.▇▇▇. ONCE THE OFFICIAL REGULATIONS ARE PUBLISHED, THE CANNABIS CONTROL COMMISSION WILL POST ON ITS WEBSITE AN UNOFFICIAL COPY OF THE FINAL PROMULGATED REGULATIONS. making of a Marijuana Establishment if the individual, corporation, or entity falls within the definition of Person or Entity Having Direct or Indirect Control.