Subsequent Exchange Sample Clauses

The "Subsequent Exchange" clause defines the rules and procedures for any future exchanges of information, documents, or assets between the parties after the initial agreement is executed. Typically, this clause outlines the methods of communication, timelines for delivery, and any conditions that must be met for such exchanges to be valid. Its core practical function is to ensure that both parties have a clear, agreed-upon process for handling ongoing interactions, thereby reducing misunderstandings and disputes related to future exchanges.
Subsequent Exchange. If at any subsequent time any further portion of such temporary global note is exchanged for an interest in this Global Note, the principal amount of Notes represented by this Global Note shall be increased by the amount of such further portion, and the Issuer shall procure that the principal amount of Notes represented by this Global Note (which shall be the previous principal amount of Notes represented by this Global Note plus the amount of such further portion) is entered by the ICSDs in their records.
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Subsequent Exchange. If at any subsequent time any further portion of such temporary global security is exchanged for an interest in this Global Security, the principal amount of Securities represented by this Global Security shall be increased by the amount of such further portion, and the Issuer shall procure that the principal amount of Securities represented by this Global Security (which shall be the previous principal amount of Securities represented by this Global Security plus the amount of such further portion) is entered in Schedule 1 (Payments, Exchanges against Temporary Global Security, Delivery of Definitive Securities and Cancellation of Securities) hereto, whereupon the principal amount of this Global Security shall for all purposes be as most recently so entered.
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Subsequent Exchange. If at any subsequent time any further portion of such temporary global note is exchanged for an interest in this Global Note, the principal amount of Notes represented by this Global Note shall be increased by the amount of such further portion, and the Issuer shall procure that the principal amount of Notes represented by this Global Note (which shall be the previous principal amount of Notes represented by this Global Note plus the amount of such further portion) is: 8.2.1 CGN: if the Final Terms specify that the New Global Note form is not applicable, entered in Schedule 1 (Payments, Exchanges against Temporary Global Note, Delivery of Definitive Notes and Cancellation of Notes) hereto, whereupon the principal amount of this Global Note shall for all purposes be as most recently so entered; and 8.2.2 NGN: if the Final Terms specify that the New Global Note form is applicable, entered by the ICSDs in their records.
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Subsequent Exchange. On the terms and subject to the conditions contained herein, ▇▇. ▇▇▇▇▇▇, at his option, may at any time during the period and in the amount set forth in Exhibit A hereto, and upon no less than ten (10) Business Days’ written notice to Qurate, transfer and assign to Qurate up to the maximum number of shares of Series A Common Stock set forth in Exhibit A, subject to adjustment as described on Exhibit A, and in exchange, require Qurate to issue to ▇▇. ▇▇▇▇▇▇ newly-issued shares of Series B Common Stock at an exchange ratio of 1.0 share of Series B Common Stock for each share of Series A Common Stock (the “Subsequent Exchange” and, together with the First Exchange, each, an “Exchange”). ▇▇. ▇▇▇▇▇▇’▇ written notice (the “Subsequent Exchange Notice”) shall indicate the number of shares of Series A Common Stock to be exchanged at the Subsequent Closing.
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Subsequent Exchange. If at any subsequent time any further portion of such temporary global note is exchanged for an interest in this Global Note, the principal amount of Notes represented by this Global Note shall be increased by the amount of such further portion, and the Issuer shall procure that the principal amount of Notes represented by this Global Note (which shall be the previous principal amount of Notes represented by this Global Note plus the amount of such further portion) is entered in Schedule 1 (Payments, Exchanges against Temporary Global Note, Delivery of Definitive Notes and Cancellation of Notes) hereto, whereupon the principal amount of this Global Note shall for all purposes be as most recently so entered.
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Subsequent Exchange. Unless one Party provides 60 days advance written notice of its intention otherwise, TCA and Cable One shall continue after Closing to use their good faith, commercially reasonable efforts to effect a subsequent like-kind exchange of the Blac▇▇▇▇▇ ▇▇▇tem for the Livi▇▇▇▇▇▇/▇▇▇r▇▇▇▇ ▇▇▇tem pursuant to Section 1031 of the Code (the "Subsequent Exchange"). The Subsequent Exchange shall be governed by terms mutually agreeable to the parties. In addition, consummation of the Subsequent Exchange shall not occur until Cable One, in its reasonable discretion, has ascertained the impact of the competing cable operator in the City of Blac▇▇▇▇▇, ▇▇lahoma on the value of the Blac▇▇▇▇▇ ▇▇▇tem and whether the Subsequent Exchange continues to be commercially warranted. During the period from Closing to the earlier of (i) the consummation of the Subsequent Exchange or (ii) the termination of the parties' efforts to effect the Subsequent Exchange, TCA shall operate the Blac▇▇▇▇▇ ▇▇▇tem in accordance with its past practices and will rebuild the Blac▇▇▇▇▇ ▇▇▇tem to 750 MHZ.
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Subsequent Exchange. If at any subsequent time any further portion of such temporary global covered bond is exchanged for an interest in this Global Covered Bond, the principal amount of Covered Bonds represented by this Global Covered Bond shall be increased by the amount of such further portion, and the Issuer shall procure that the principal amount of Covered Bonds represented by this Global Covered Bond (which shall be the previous principal amount of Covered Bonds represented by this Global Covered Bond plus the amount of such further portion) is:
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Subsequent Exchange. If at any subsequent time any further portion of such temporary global bond is exchanged for an interest in this Global Bond, the principal amount of Bonds represented by this Global Bond shall be increased by the amount of such further portion, and the Issuer shall procure that the principal amount of Bonds represented by this Global Bond (which shall be the previous principal amount of Bonds represented by this Global Bond plus the amount of such further portion) is entered in Schedule 1 (Payments, Exchanges against Temporary Global Bond, Delivery of Definitive Bonds and Cancellation of Bonds) hereto, whereupon the principal amount of this Global Bond shall for all purposes be as most recently so entered.
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Related to Subsequent Exchange

  • Shift Exchange The Employer and the Union agree that shift exchanges are a useful process to allow employees more flexibility and improved work/life balance. Employees within an institution who have the same job classification will be allowed to exchange full shifts for positions in which they are qualified. The shift exchange process will not be used to circumvent the bid system or the supervisory chain of command. Shift exchanges will be in accordance with the following: A. Request for shift exchanges will be submitted seven (7) calendar days in advance of the exchange, when practicable. B. Requests for shift exchanges will be considered on a case-by-case basis. The requested shift exchange is voluntary, and is agreed to in writing by both employees, and approved in writing by the supervisor(s). Requests for shift exchanges will be submitted to the appropriate Appointing Authority or designee for approval. ▇. ▇▇▇▇▇ exchanges may be denied. If denied, the employee will be provided the reason(s) in writing. D. Employees will not submit requests for shift exchanges which would result in overtime. Each employee will be considered to have worked their regular schedule. E. For shift exchanges that occur on an employee’s designated holiday, the employee who is regularly scheduled to work on that holiday will receive the holiday compensation, regardless of who physically worked on that day. F. The failure of an employee who has exchanged shifts to work the agreed upon shift without appropriate cause may be a basis for disciplinary action.

  • Shift Exchanges In no event shall any overtime be payable as a result of employees voluntarily exchanging shifts.

  • Like-Kind Exchange Seller and Purchaser hereby agree that this transaction may be completed as a like-kind exchange and that each party will assist in completing the sale as a like-kind exchange. As a like-kind exchange, Seller and Purchaser agree that Purchaser, in lieu of the purchase of the Assets from Seller for the consideration provided herein, shall have the right at any time prior to Closing to assign all or a portion of its rights under this Agreement to a Qualified Intermediary (as that term is defined in Section 1.1031(k)-1(g)(4)(v) of the Treasury Regulations) or an Exchange Accommodation Titleholder (as that term is defined in Rev. Proc. 2000-37, 2000-2 C.B. 308) in order to accomplish the transaction in a manner that will comply, either in whole or in part, with the requirements of a like-kind exchange pursuant to Section 1031 of the Code. Likewise, Seller shall have the right at any time prior to Closing to assign all or a portion of its rights under this Agreement to a Qualified Intermediary for the same purpose. In the event either party assigns its rights under this Agreement pursuant to this Section 8.6, such party agrees to notify the other party in writing of such assignment at or before Closing. If Seller assigns its rights under this Agreement for this purpose, Purchaser agrees to (i) consent to Seller’s assignment of its rights in this Agreement in the form reasonably requested by the Qualified Intermediary, and (ii) pay the portion of the Estimated Final Purchase Price attributable to the Assets into a qualified escrow or qualified trust account at Closing as directed in writing. If Purchaser assigns its rights under this Agreement for this purpose, Seller agrees to (i) consent to Purchaser’s assignment of its rights in this Agreement in the form reasonably requested by Purchaser’s Qualified Intermediary or Exchange Accommodation Titleholder, (ii) refund to Purchaser the Performance Deposit previously deposited by Purchaser pursuant to this Agreement upon the Qualified Intermediary’s or Exchange Accommodation Titleholder’s payment to Seller of a replacement Performance Deposit in the same amount, (iii) accept the Estimated Final Purchase Price (as may be adjusted under the terms of this Agreement) for the Assets from the account designated by Purchaser’s Qualified Intermediary or Exchange Accommodation Titleholder at Closing, and (iv) at Closing, convey and assign directly to Purchaser or Purchaser’s Exchange Accommodation Titleholder (as directed in writing) the Assets which are the subject of this Agreement upon satisfaction of the other conditions to Closing and other terms and conditions hereof. Seller and Purchaser acknowledge and agree that any assignment of this Agreement shall not increase the costs, expenses or liabilities of a party as a result of the other party’s assignment of this Agreement to a Qualified Intermediary or Exchange Accommodation Titleholder, shall not release either party from any of their respective liabilities and obligations to each other under this Agreement, and that neither party represents to the other that any particular tax treatment will be given to either party as a result thereof.