Word: agreements
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Dates: during 1980-1989
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Harvard paid the final installment on its $969,170 in-lieu-of-tax payment on June 13, in accordance with the terns of a 20-year old agreement that expired last year. Harvard and Cambridge are currently negotiating a new agreement for the voluntary payments, which compensate the city for Harvard's tax-free academic facilities...
...which was 35% more than Time's stock price before the offer, exploited the dissatisfactions of many on Wall Street who had long cherished the notion that Time was worth more in pieces than whole. Since the merger agreement was reached on March 3, some investors had complained that the terms provided Time shareholders with no immediate financial reward. Reason: the agreement called for a debt-free swap of 0.465 shares of Time stock for each Warner share...
While Time said it would give the Paramount bid a fair hearing, as the law requires, there was every indication that Time's top executives would fight to repel the intruder. In a three-page "Dear Mr. Davis" letter, Munro chastised the Paramount chairman for breaking his spoken agreement to leave Time alone: "On a personal level, I'm disappointed that I can't rely on you as a man of your word. Live and learn." Munro said the Paramount offer consisted of "smoke and mirrors," since it was subject to several conditions that included Paramount's ability to obtain...
...Communist wipeout threatened to shatter the delicate power-sharing agreement that the party and Solidarity negotiated earlier this year. Not only was there a fear of backlash from angry Communist hard-liners opposed to compromise, but there was also a serious question of how the country could be governed when its ruling party had been overwhelmingly rejected by the electorate...
...which began in February, were based on a fundamental trade-off: the regime would consent to a large degree of democracy in exchange for social cooperation on the economy; Solidarity would help secure that cooperation in return for its legalization and a share of power. The centerpiece of the agreement was the cumbersome electoral law that granted the Communists and their allies 65% of the seats in the Sejm and allotted 35% to the opposition; a new 100-member Senate, with veto power over all legislation, was to be chosen in open elections; a powerful presidency, with control over...