Common use of AGREED PROPORTION Clause in Contracts

AGREED PROPORTION. 3.1 Subject to clause 3.2, the Agreed Proportion at the date of this agreement is specified in clause 3 of Part A of this agreement. 3.2 In the event that no proportion is specified in clause 3 of Part A of this agreement, the Agreed Proportion shall be such proportion as the Participant and the Reclaim Fund may subsequently agree in writing for this purpose. 3.3 Following agreement of the Agreed Proportion under clause 3.1 or 3.2 above, the Reclaim Fund may vary the Agreed Proportion from time to time at its sole discretion (having regard to the need for the Reclaim Fund to have access at any given time to enough money to enable it to meet whatever repayment claims it considers to be prudent to anticipate and to its other obligations under the Act) by giving not less than ten (10) Business Days' notice in writing to the Participant.

Appears in 10 contracts

Samples: Transfer and Agency Agreement, Transfer and Agency Agreement, Transfer and Agency Agreement

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AGREED PROPORTION. 3.1 ‌ 2.1 Subject to clause 3.22.2 of this Part B, the Agreed Proportion at the date of this agreement is specified in clause 3 of Part A of this agreement. 3.2 2.2 In the event that no proportion is specified in clause 3 of Part A of this agreement, the Agreed Proportion shall be such proportion as the Participant and the Reclaim Fund may subsequently agree in writing for this purpose. 3.3 Following agreement of the Agreed Proportion under clause 3.1 or 3.2 2.3 Notwithstanding clauses 2. 1 a nd 2.2 above, the Reclaim Fund may vary the Agreed Proportion from time to time at its sole discretion (having regard to the need for the Reclaim Fund to have access at any given time to enough money to enable it to meet whatever repayment claims it considers to be prudent to anticipate and to its other obligations under the Act) by giving not less than ten (10) Business Days' notice in writing to the Participant.

Appears in 1 contract

Samples: Transfer and Agency Agreement

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