Issuance of the Sample Clauses

Issuance of the. ‘Card’ 2.1. The ‘Bank’ shall have the right to examine and review the credit standing of an applicant of a Card, at any time the ‘Bank’ deems fit without reference to the applicant or assigning any reason whatsoever. The applicant acknowledges and agrees that the credit examination and/or review necessary for the processing of the ‘Card’ application may require the ‘Bank’ to disclose the applicant’s address, salary, any professional and/or financial information to any other party. As a precondition for approving any application for the issuance of a ‘Card’, the ‘Bank’ may, in its sole discretion and determination, require the applicant to issue a cheque and/or pledge and/or assign a cash deposit in favour of the ‘Bank’ as security against the issuance of the ‘Card’ in an amount determined by the ‘Bank’. The ‘Bank’ shall maintain this security as long as the ‘Card’ is valid and there is any unpaid ‘New Balance’. If the ‘New Balance’ is fully settled the ‘Bank’ shall continue to maintain this security for a period not less than forty-five (45) days from the date of cancelling the ‘Card’. 2.2. If the ‘Bank’ holds any security as collateral for the issuance of the ‘Card’, the ‘Bank’ reserves the right to retain such security for a minimum period of forty five days following the ‘Card’ cancellation and return to the ‘Bank’, whether such cancellation is determined by the ‘Bank’ or at the request of the ‘Cardholder’, provided that the New Balance is fully settled. 2.3. The ‘Card’ shall be valid for the period specified on the ‘Card’ and the ‘Cardholder’ is eligible to use the ‘Card’ only during such period. 2.4. On the first ‘Statement of Account’ after issuance, renewal, or replacement of the ‘Card’, the ‘Bank’ shall, at its sole discretion and determination, charge the ‘Cardholder’ and debit the ‘Card Account’ by the annual membership fee for the issuance of the ‘Card’, renewal fee for the renewal of the ‘Card’, or replacement fee for the replacement of the ‘Card’ and any other fees and charges determined by the ‘Bank’. 2.5. In case the ‘Card’ is terminated or cancelled for any reason whatsoever, the ‘Bank’ shall not be obliged to refund any paid or charged fees / profit or annual membership fee. 2.6. The ‘Card’ shall at all times remain the property of the ‘Bank’ and should be returned by the ‘Cardholder’ to the ‘Bank’ upon the first request of the ‘Bank’ or its duly authorised agent. Without giving prior notice to the ‘Cardholder’, the ‘Bank’ may, at its sole...
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Issuance of the. Common Securities; Subscription and Purchase ------------------------------------------------------------ of the Debentures. ---------------- (a) Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trustee, on behalf of the Trust, shall execute in accordance with Section 5.2 and deliver to the Depositor, Common Securities Certificates, registered in the name of the Depositor, in an aggregate amount of 77,321 Common Securities having an aggregate Liquidation Amount of $773,210 against payment by the Depositor of such amount, which amount such Administrative Trustee shall promptly deliver to the Property Trustee. Contemporaneously therewith, an Administrative Trustee, on behalf of the Trust, shall subscribe to and purchase from the Depositor Debentures, registered in the name of the Property Trustee on behalf of the Trust and having an aggregate principal amount equal to $25,773,210, and, in satisfaction of the purchase price for such Debentures, the Property Trustee, on behalf of the Trust, shall deliver to the Depositor the sum of $25,773,210. (b) If the underwriters exercise the Option and there is an Option Closing Date, then an Administrative Trustee, on behalf of the Trust, shall execute in accordance with Section 5.2 and deliver to the Depositor, Common Securities Certificates, registered in the name of the Depositor, in an additional aggregate amount of up to 11,598 Common Securities having an aggregate Liquidation Amount of up to $115,980 against payment by the Depositor of such amount, which amount such Administrative Trustee shall promptly deliver to the Property Trustee. Contemporaneously therewith, an Administrative Trustee, on behalf of the Trust, shall subscribe to and purchase from the Depositor, additional Debentures, registered in the name of the Property Trustee on behalf of the Trust and having an aggregate principal amount of up to $3,865,980, and, in satisfaction of the purchase price of such Debentures, the Property Trustee, on behalf of the Trust, shall deliver to the Depositor up to $3,865,980, such aggregate amount to be equal to the sum of the amounts received from the Depositor pursuant to this Section 2.5(b) and from one of the Administrative Trustees pursuant to the last sentence of Section 2.4. (c) Common Securities issued in accordance with this Section 2.5 shall be validly issued and entitled to the benefits of this Trust Agreement.
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Issuance of the. Common Securities Subscription and Purchase ----------------------------------------------------------- of Junior Subordinated Debt Securities. Contemporaneously with the execution -------------------------------------- and delivery of this Declaration of Trust, an Administrative Trustee, on behalf of the Trust, shall execute or cause to be executed in accordance with Section 5.02(a) and delivered to the Depositor Common Securities Certificates, registered in the name of the Depositor, in an aggregate amount of ______ Common Securities having an aggregate Liquidation Amount of $________ against payment by the Depositor of $________ to the Trust. Contemporaneously therewith, an Administrative Trustee, on behalf of the Trust, shall subscribe to and purchase from the Depositor Junior Subordinated Debt Securities, registered in the name of the Property Trustee and held for the benefit of the Holders of the Capital Securities having an aggregate principal amount equal to $_______________, and, in satisfaction of the purchase price for such Junior Subordinated Debt Securities, the Trust shall deliver to the Depositor the sum of $______________.
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Issuance of the. Shares Subject to the terms and conditions hereof, the Company shall sell and Employee shall purchase the Shares at the Closing, as defined below.
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Issuance of the. WARRANT The issuance of the Warrant in accordance with this Agreement has been duly authorized by all necessary corporate action on the part of the Company, and all shares of Common Stock issuable upon issuance of the Warrant have been duly reserved for issuance.
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Issuance of the. 2014A BONDS TO FUND LOAN;‌
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Issuance of the. [*] The issuance by the Seller of the [*]. The use by the Buyer of [*] is defined in the paragraph [*]
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Issuance of the. Advance 2.1 Agriculture and Agri-Food Canada will set the advance rate by way of agreement with the Administrator and only those eligible amounts will be entitled for interest reimbursement. Under the APP, AAFC may set the Advance Rate of up to 50% of the expected selling price and subject to change at any time.
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Issuance of the. Common Securities; Subscription and --------------------------------------------------- Purchase of Debentures. ---------------------- Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trustee, on behalf of the Trust, shall execute in accordance with Section 5.2 and deliver to the Depositor Common Securities Certificates, registered in the name of the Depositor, representing 248,000 Common Securities having an aggregate Liquidation Amount of $25.00 (or $6,200,000 in the aggregate) against payment by the Depositor of such amount. Contemporaneously therewith, an Administrative Trustee, on behalf of the Trust, shall subscribe to and purchase from the Depositor Debentures, registered in the name of the Trust and having an aggregate principal amount equal to $206,200,000, and, in satisfaction of the purchase price for such Debentures, the Property Trustee, on behalf of the Trust, shall deliver to the Depositor the sum of $206,200,000.
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Related to Issuance of the

  • Issuance of Units By executing the Reference Trust Agreement and receipt for deposited Securities, the Trustee will thereby acknowledge receipt of the deposit of the Securities listed in the Schedules to the Reference Trust Agreement and referred to in Section 2.01 hereof, and simultaneously with the receipt of said deposit, has recorded on its books the ownership, by the Depositor or such other person or persons as may be indicated by the Depositor, of the aggregate number of Units specified in the Reference Trust Agreement and has delivered, or on the order of the Depositor will deliver, in exchange for such Securities, cash or a Letter of Credit, documentation evidencing the ownership of the number of Units specified or, if requested by the Depositor, the ownership by DTC of all such Units and will cause such Units to be credited at DTC to the account of the Depositor or, pursuant to the Depositor's direction and as hereafter provided, the account of the issuer of the Letter of Credit referred to in Section 2.01. The number of Units in a Trust may be increased through a split of the Units or decreased through a reverse split thereof, as directed by the Depositor, on any day on which the Depositor is the only Unitholder of such Trust, which revised number of Units shall be recorded by the Trustee on its books. Effective as of the Evaluation Time on October 1, 2014, in the event that the aggregate value of Securities in the Trust has increased since the evaluation on September 30, 2014, the Trustee shall issue such number of additional Units to the Unitholder of outstanding Units as of the close of business on October 1, 2014, that the price per Unit computed as of the Evaluation Time on October 1, 2014, plus the maximum applicable sales charge shall equal approximately $10 per Unit (based on the number of Units outstanding as of said Evaluation Time, including the additional Units issued pursuant to this sentence); in the event that the aggregate value of Securities in the Trust Fund has decreased since the evaluation on September 30, 2014, there will be a reverse split of the outstanding Units, and said Unitholder will surrender to the Trustee for cancellation such number of Units, that the price per Unit computed as of the Evaluation Time on October 1, 2014, plus the maximum applicable sales charge shall equal approximately $10 per Unit (based on the number of Units outstanding as of said Evaluation Time, reflecting cancellation of Units pursuant to this sentence). The Trustee hereby agrees that on the date of any deposit of additional Securities pursuant to Section 2.05 it shall acknowledge that the additional Securities identified therein have been deposited with it by recording on its books the ownership, by the Depositor or such other person or persons as may be indicated by the Depositor, of the aggregate number of Units to be issued in respect of such additional Securities so deposited. (24) Section 2.01 is hereby amended and replaced in its entirety with the following:

  • Issuance of Notes The Owner Trustee is hereby authorized and directed on behalf of the Trust to execute, issue and deliver the Notes pursuant to the Indenture.

  • Issuance of Bonds Subject to the satisfaction of and compliance with all of the provisions, covenants and requirements of this Agreement, in order to provide funds for the payment of the Project Costs, the Issuer has authorized the issuance and delivery of the Bonds to the Initial Purchaser in accordance with the Indenture.

  • Issuance of the Shares The Shares are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents.

  • Issuance of the Securities The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereof.