Amendment by Referendum Sample Clauses

Amendment by Referendum. Subject to the provisions of this section, this Agreement may be amended by written agreement among the Settlor and the Trustees, if execution and delivery of any such amending agreement by the Settlor has been authorized by a majority of the Adult Members voting in favour at a Referendum held for such purpose. No amendment to this Trust Agreement may be made at any time which would permit access by the Settlor or Beneficiaries to the principal of the Trust Capital Account or which would reduce the principal amount of the Trust Capital Account to an amount which is less than the aggregate of the following: (a) the amount of the Settlement Monies deposited into the Trust Capital Account pursuant to Section 3.1 (d); and (b) a sum equal to the interest that would have been earned on such amount if it had been invested and earned interest expressed as a percentage which is equal to the percentage increase in the consumer price index, if any, between the end of the first Fiscal Year of the Trust and the end of the immediately preceding Fiscal Year as reported by Statistics Canada (British Columbia - all items). The provisions of this Section 21. l are unalterable and may not be amended by Referendum or otherwise.
Sample 1
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Related to Amendment by Referendum

  • Incorporation by Reference All terms, provisions and agreements set forth in the Standard Trust Terms (except to the extent expressly modified herein) are hereby incorporated herein by reference with the same force and effect as though fully set forth herein. To the extent that the terms set forth in Article 2 of this Trust Agreement are inconsistent with the terms of the Standard Trust Terms, the terms set forth in Article 2 herein shall apply.

  • Incorporation of Plan by Reference The Option is granted pursuant to the terms of the Plan, the terms of which are incorporated herein by reference, and the Option shall in all respects be interpreted in accordance with the Plan. The Committee shall interpret and construe the Plan and this instrument, and its interpretations and determinations shall be conclusive and binding on the parties hereto and any other person claiming an interest hereunder, with respect to any issue arising hereunder or thereunder.

  • Incorporation by Reference, Etc The provisions of the Plan are hereby incorporated herein by reference. Except as otherwise expressly set forth herein, this Agreement shall be construed in accordance with the provisions of the Plan and any capitalized terms not otherwise defined in this Agreement shall have the definitions set forth in the Plan. The Committee shall have final authority to interpret and construe the Plan and this Agreement and to make any and all determinations under them, and its decision shall be binding and conclusive upon the Participant and his legal representative in respect of any questions arising under the Plan or this Agreement.

  • Amendment to Section 1.01 Section 1.01 of the Credit Agreement shall be amended as follows: (a) The following definitions shall be added to Section 1.01 of the Credit Agreement in the appropriate alphabetical order:

  • INCORPORATION OF GUIDES BY REFERENCE The Seller/Servicer acknowledges that it has received and read the Guides. All provisions of the Guides are incorporated by reference into and made a part of this Contract, and shall be binding upon the parties; provided, however, that the Seller/Servicer shall be entitled to sell Loans to and/or service Loans for Residential Funding only if and for so long as it shall have been authorized to do so by Residential Funding in writing. Specific reference in this Contract to particular provisions of the Guides and not to other provisions does not mean that those provisions of the Guides not specifically cited in this Contract are not applicable. All terms used herein shall have the same meanings as such terms have in the Guides, unless the context clearly requires otherwise.

  • Amendment to Section 1 Section 1 of the Agreement is hereby amended to read in its entirety as follows:

  • Incorporation by Reference of Trust Indenture Act Whenever this Indenture refers to a provision of the TIA, the provision is incorporated by reference in and made a part of this Indenture. The following TIA terms used in this Indenture have the following meanings:

  • Amendment to Section 1.1 Section 1.1 of the Credit Agreement is hereby amended by inserting the following new definitions in the appropriate alphabetical order therein:

  • Definitions Incorporated by Reference All capitalized terms not otherwise defined in this Agreement shall have the meanings assigned in the Pooling and Servicing Agreement.

  • Definitions and Incorporation by Reference 1 Section 1.01. Definitions.......................................................................1

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