Issuance Generally Sample Clauses

The "Issuance Generally" clause defines the basic terms and procedures under which securities, shares, or other financial instruments are issued by a company. It typically outlines the authority of the company to issue new securities, the process for determining the terms of issuance, and any conditions or limitations that may apply. For example, it may specify who within the company can approve issuances or how the price and quantity are set. The core function of this clause is to establish a clear framework for issuing securities, thereby ensuring transparency and consistency in the process and reducing the risk of disputes or unauthorized issuances.
Issuance Generally. The City will permit Commercial Paper Notes to be issued, and authorizes the Issuing and Paying Agent to issue Commercial Paper Notes, only in accordance with the terms of the Indenture and this Reimbursement Agreement.
Issuance Generally. The Authority will permit 2015 GR-6 Notes to be issued, and authorizes the Issuing and Paying Agent to issue 2015 GR-6 Notes, only in accordance with the terms of the GR Resolution and this GR Reimbursement Agreement.
Issuance Generally. The Authority will permit 2015 GR-3 Notes to be issued, and authorizes the Issuing and Paying Agent to issue 2015 GR-3 Notes, only in accordance with the terms of the GR Resolution and this GR Reimbursement Agreement.
Issuance Generally. The Authority may issue Notes only in accordance with the terms of and subject to the conditions set forth in the Trust Agreement, the Issuing and Paying Agent Agreement, Ordinance No. 16 and this Agreement.
Issuance Generally. The City may issue Commercial Paper Notes only in accordance with the terms of and subject to the conditions set forth in the Ordinance, Note Resolution, Agency Agreement and this Agreement.
Issuance Generally. The City will permit Notes to be issued, and authorize the Issuing and Paying Agent to issue Notes, only in accordance with the terms of the Ordinance and this Reimbursement Agreement. The City shall not issue Notes if (i) a Default or an Event of Default shall have occurred and be continuing or would occur upon issuance of the Notes; or (ii) the representations and warranties of the City set forth in Article IV hereof shall, in the reasonable opinion of the Bank, no longer are true and correct in any material respect; (iii) or a No-Issuance Notice has been issued.

Related to Issuance Generally

  • Notice Generally All notices, requests, demands or other communications provided for herein shall be in writing and shall be given in the manner and to the addresses set forth in the Purchase Agreement.

  • Insurance Generally All insurance maintained by You pursuant to the foregoing provisions shall contain a waiver of subrogation rights in respect of any liability imposed by this Agreement on You as against Us. You shall hold Us harmless from, and shall bear the expense of, any applicable deductible amounts and self insured retentions provided for by any of the insurance policies required to be maintained under this Agreement. In the event of loss, You shall promptly pay amount of the deductible amount or self-insured retention or the applicable portion thereof to Us or the insurance carrier, as applicable. Notwithstanding anything to the contrary contained in this Agreement, the fact that a loss may not be covered by insurance provided by You under this Agreement or, if covered, is subject to deductibles, retentions, conditions or limitations shall not affect Your liability for any loss. Should You fail to procure or pay the cost of maintaining in force the insurance specified herein, or to provide Us upon request with satisfactory evidence of the insurance, We may, but shall not be obliged to, procure the insurance and You shall reimburse Us on demand for its costs. Lapse or cancellation of the required insurance shall be deemed to be an immediate and automatic default of this agreement. The grant by You of a sublease of the Equipment rented/leased shall not affect Your obligation to procure insurance on Our behalf, or otherwise affect Your obligations under this Agreement.

  • Compliance Generally Each payment or reimbursement and the provision of each benefit under this Agreement shall be considered a separate payment and not one of a series of payments for purposes of Section 409A. The Companies and Executive intend that the payments and benefits provided under this Agreement will either be exempt from the application of, or comply with, the requirements of Section 409A. This Agreement is to be construed, administered, and governed in a manner that effects that intent and the Companies will not take any action that is inconsistent with that intent. Without limiting the foregoing, the payments and benefits provided under this Agreement may not be deferred, accelerated, extended, paid out, or modified in a manner that would result in the imposition of an additional tax under Section 409A upon Executive. Notwithstanding any provision of Section 7 to the contrary, if the period commencing on the Termination Date begins in one taxable year of Executive and the 74th day following the Termination Date is in a subsequent taxable year, any amounts payable under Section 7 which are considered deferred compensation under Section 409A shall be paid in such subsequent taxable year.

  • Disclosure Generally Notwithstanding anything to the contrary contained in the Disclosure Schedules or in this Agreement, the information and disclosures contained in any Disclosure Schedule shall be deemed to be disclosed and incorporated by reference in any other Disclosure Schedule as though fully set forth in such Disclosure Schedule for which applicability of such information and disclosure is reasonably apparent on its face. The fact that any item of information is disclosed in any Disclosure Schedule shall not be construed to mean that such information is required to be disclosed by this Agreement. Such information and the dollar thresholds set forth herein shall not be used as a basis for interpreting the terms “material” or “Material Adverse Effect” or other similar terms in this Agreement.

  • Title Generally Each of the Borrower and its Subsidiaries has good title to, or valid leasehold interests in, all its real and personal property material to its business, except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.