DISPOSITION OF Sample Clauses
The "Disposition Of" clause defines how certain assets, property, or rights are to be handled, transferred, or distributed under the agreement. In practice, this clause may specify the procedures for selling, transferring ownership, or otherwise dealing with items such as equipment, intellectual property, or inventory at the end of a contract or upon a triggering event. Its core function is to ensure clarity and prevent disputes by outlining the agreed-upon process for handling these items, thereby allocating rights and responsibilities between the parties.
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DISPOSITION OF. SURFACE The right to lease, grant right-of-way, sell or otherwise dispose of the surface of the land embraced within this lease under existing laws or laws hereafter enacted, or in accordance with the Rules of the Board of Land commissioners, insofar as the surface is not necessary for the use of the lessee in the extraction and removal of the coal therein, except where such surface rights have been sold or otherwise disposed of by the State of Wyoming.
DISPOSITION OF. A MATERIAL PORTION OF ITS ASSETS. Sell, lease, transfer or otherwise dispose of any material portion of its assets, unless any such disposition is of property other than the Collateral and is in the ordinary course of business for a full and fair consideration, which in no event shall include a transfer for full or partial satisfaction of a preexisting debt.
DISPOSITION OF. Common Stock Prior to the Cover Date and Not ----------------------------------------------------------- Governed by Section 5.2(a). If the disposition is of Common Stock prior to the -------------------------- Cover Date and is not otherwise governed by Section 5.2(a), then the proceeds of such disposition shall be distributed to the Class B Members as a group; provided, however, that if such disposition of Common Stock occurs within 90 days of the date of a Preferred Stock Disposition unless all Class A Members are Delinquent, the proceeds of such disposition of Common Stock shall first be distributed to the Class A Members as a group to the extent that any Basic Threshold Return and any of the Class A Members' Capital Contributions as of the date of the Preferred Stock Disposition remains unpaid and unreturned, as the case may be, after the proceeds of the Preferred Stock Disposition have been distributed in accordance with Sections 5.2(b)(i) and (ii). The distribution of proceeds to the Class A Members as a group hereunder shall be made in accordance with the Distribution Hierarchy set forth in Section 5.2(b).
DISPOSITION OF. PRODUCTION 37 ARTICLE 16. CONSIDERATION 38
DISPOSITION OF. FRACTIONS In computing a rate based on a percentage of another rate, the following rule shall be observed in the disposition of fractions.
DISPOSITION OF. QRS Deposit after September 30, 2006. In addition to serving as an assurance of QRS performance under the Master Lease prior to the Commencement Date, it is intended that the QRS Deposit be paid to Master Landlord towards the monthly Fixed Rent obligation under the Master Lease for the period commencing on October 1, 2006 and expiring on September 30, 2008. Accordingly, commencing on October 1, 2006 and on the first day of each month thereafter until but including September 1, 2008, Escrow Holder shall pay to Master Landlord the sum of One Hundred Forty Eight Thousand Three Hundred Forty One and 45/100 Dollars ($148,341.45) from the QRS Deposit, and each such monthly payment shall satisfy the Fixed Rent payable by QRS under the Master Lease. If on September 30, 2008 any sums remain in the QRS Escrow Account, the QRS Deposit in the amount then existing in the QRS Escrow Account shall be disbursed to QRS at QRS’ direction.
DISPOSITION OF. PROCEEDS ON EXERCISE OF WARRANTS; INSPECTION OF WARRANT AGREEMENT. The Warrant Agent shall account promptly to the Bank with respect to Warrants exercised and concurrently pay to the Bank all monies received by the Warrant Agent for the purchase of the Warrant, Shares through the exercise of such Warrants. The Warrant Agent shall keep copies of this Agreement and any notices given or received hereunder available for inspection by the Holders during normal business hours at its principal office. The Bank shall supply the Warrant Agent from time to time with such numbers of copies of this Agreement as the Warrant Agent may request.
DISPOSITION OF. LAND AND WATER ACT:
DISPOSITION OF. SHARES The Shareholders represent and warrant that the MMC Stock being acquired by them hereunder are being acquired and will be acquired for their own respective accounts and will not be sold or otherwise disposed of, except pursuant to (i) an exemption from the registration requirements under the Securities Act, which does not require the filing by Medical Manager with the SEC of any registration statement, offering circular or other document, in which case, the Shareholders shall first supply to Medical Manager an opinion of counsel (which counsel and opinions shall be reasonably satisfactory to Medical Manager) that such exemption is available, or (ii) an effective registration statement filed by Medical Manager with the SEC under the Securities Act.
DISPOSITION OF. ALL OR SUBSTANTIALLY ALL". The disposition by the Corporation of all or substantially all of the assets of the Corporation, as contemplated herein, notwithstanding that the Executive's services were or were not principally performed for such business.