Part (b), for instance, permits payment at RCN for relatively small losses: Our money and states must now be separated for the progress of the species. For example, the Swedish Financial Supervisory Authority (SFSA) warned that most ICOs are not regulated. The obligations of each Qualified ECP Guarantor under this Section shall remain in full force and effect until the occurrence of Payment in Full.
Insurance coverage for loss in the gross earnings of the business (minus expenses that cease while the business is inoperative) as a result of the interruption of normal business activities caused by damage to the premises by an insured peril. (v)in the case of the Verde Acquisition:(1)the cash consideration paid by the Loan Parties on the closing date thereof (excluding payments attributable to estimated closing date working capital) of approximately $45,000,000; (2)no Default or Event of Default has occurred and is continuing before or after giving effect to any Verde MIPA Payment; (3)all Verde MIPA Payments are made in accordance with or as contemplated by Article II of the Verde MIPA and the Verde Note; (4)immediately after giving effect to any Verde MIPA Payment, the Loan Parties shall be in pro forma compliance with the financial covenants in Section 7.09, together with calculations 95and any supporting documentation demonstrating such calculations in form and substance reasonably satisfactory to the Agent; provided that such Indebtedness is subordinated to the Obligations on terms satisfactory to the Agent, (ii) Provider MIPA Payments; (iii) the Major Cash Installment Payments, (iv) Verde MIPA Payments, and (v) the Verde Note; The Loan Parties shall not, nor permit any of their Restricted Subsidiaries to, declare or make any dividend payment or other distribution of assets, properties, cash, rights, obligations or securities on account of any shares of any class of their capital stock, or purchase, redeem or otherwise acquire for value any of their capital stock or any warrants, rights or options to acquire such shares, now or hereafter outstanding, or make any payments under the Tax Receivable Agreement; provided that before and immediately after giving effect to such proposed payment, (i) no event or circumstance exists which, with the giving of notice, the lapse of time, or both, would (if not cured or otherwise remedied during such time) constitute an Event of Default under Section 8.01(a), (e) or (f), (ii) the Loan Parties are in pro forma compliance with the financial covenants in Section 7.09 and (iii) the Effective Amount of all Loans then outstanding plus the Effective Amount of all L/C Obligations does not exceed the Borrowing Base Advance Cap determined as of the Collateral Position Report most recently received by the Agent pursuant to Section 7.02(b); The Loan Parties shall not, nor permit any of their Subsidiaries to, engage in any material line of business substantially different from those lines of business carried on by the Loan Parties and their Subsidiaries on the date hereof. Homeowners"). If the Co-Borrowers and such Bank shall pay such interest to the Agent for the same or an overlapping period, the Agent shall promptly remit to the Co-Borrowers the amount of such interest paid by the Co-Borrowers for such period. ability to request that an Issuing Bank Issue Letters of Credit shall be fully revolving, and, accordingly, the Co-Borrowers may, during the foregoing period, request that an Issuing Bank Issue Letters of Credit to replace Letters of Credit which have expired or which have been drawn upon and reimbursed.
THIS AGREEMENT, TOGETHER WITH THE global emerging markets investor conference OTHER LOAN DOCUMENTS, EMBODIES THE ENTIRE AGREEMENT AND UNDERSTANDING AMONG THE PARTIES HERETO, AND SUPERSEDES ALL PRIOR OR CONTEMPORANEOUS AGREEMENTS AND UNDERSTANDINGS OF SUCH PERSONS, VERBAL OR WRITTEN, RELATING TO THE SUBJECT MATTER HEREOF AND THEREOF. Both the maximum period of indemnity and the monthly limit of indemnity address the fact that the standard policy cannot be used with a coinsurance provision of less than 50 percent (six months). The special form, therefore, includes some limitations on this protection. Business interruption policies have significant co-insurance penalties for under insuring.
If you want to skip our detailed analysis of these stocks, go directly to Hedge Funds Prefer These 5 Stocks Over Square. Party to another economic analysis of law result in a perfect dollar-for-dollar exchange when they enter into contract. Therefore, citizens earning $60,000 annually take home $40,800 in post-tax income while Swedish citizens earning $70,000 annually take home $33,600 in post-tax income. Mechanism design theory is an economic theory that seeks to study the mechanisms by which a particular outcome or result can be achieved. As such, the test looks at each injury or damage to determine the number of losses. Outdoor equipment is an example of property otherwise excluded.
(New York City time) on the Conversion/Continuation Date 45if the Loans are to be converted into Base Rate Loans; three (3) Business Day in advance of the Conversion/Continuation Date, if the Loans are to be converted into or continued as Eurodollar Rate Loans (other than Daily Eurodollar Rate Loans); (New York City time) on the Conversion/Continuation Date if the Loans are to be converted into Daily Eurodollar Rate Loans, specifying: Most of the additional exclusions found in the special form relate either to catastrophic potentials or to nonfortuitous events. The commercial package policy (CPP) program was started by the Insurance Services Office (ISO) in 1986. This firm experienced both a reduction in revenue and an increase in expenses.
Under this coverage, the insured is usually required to select either a 50% or 80% co-insurance factor. He edits a variety of content, ranging from personal finance to trading and investing. Payment, therefore, does not cover all lost revenues because those revenues generally cover expenses, some of which will not continue. Nonfortuitous exclusions relate to items such as wear and tear, smoke from agricultural smudging, and damage to a building interior caused by weather conditions, unless the building exterior is damaged first.