Certain Financial Provisions Sample Clauses

Certain Financial Provisions. 22 Section 4.1 Provision of Security by the Reinsurer 22 Section 4.2 Credit for Reinsurance 25 Section 4.3 RBC Reports 25 ARTICLE V PLAN OF REINSURANCE 25 Section 5.1 Plan 25 Section 5.2 Follow the Fortunes 25 Section 5.3 Reductions and Terminations 26 Section 5.4 Reinstatements 26 Section 5.5 Contractual Conversions; Internal Replacement 26 ARTICLE VI ADMINISTRATION 27 Section 6.1 Administrative Services 27 Section 6.2 Net Settlements 27 ARTICLE VII DAC TAX 28 Section 7.1 DAC Tax Election 28 ARTICLE VIII INSOLVENCY AND CUT THROUGH 29 Section 8.1 Insolvency 29 Section 8.2 Cut Through 29 ARTICLE IX TERMINATION 30 Section 9.1 Duration of Coinsurance 30 Section 9.2 Termination 30 Section 9.3 Termination by the Company 30 Section 9.4 Termination by the Reinsurer 31 Section 9.5 Settlement Upon Termination 31 ARTICLE X RESOLUTION OF CERTAIN DISPUTES 32 Section 10.1 Disputes over Actual Initial Coinsurance Premium Calculations and SPA Adjusted Coinsurance Premium 32 Section 10.2 Disputes over Calculations 35 ARTICLE XI INDEMNIFICATION 35 Section 11.1 Indemnification of the Reinsurer by the Company 35 Section 11.2 Indemnification of the Company by the Reinsurer 36 ARTICLE XII CONFIDENTIALITY 36 Section 12.1 Confidentiality 36 ARTICLE XIII REPRESENTATIONS AND WARRANTIES 37 Section 13.1 Representations and Warranties of Reinsurer 37 Section 13.2 Representations and Warranties of the Company 38 ARTICLE XIV GENERAL PROVISIONS 39 Section 14.1 Errors and Omissions 39 Section 14.2 Offset and Recoupment 39 Section 14.3 Expenses 39 Section 14.4 Parties to this Agreement 40 Section 14.5 Authority 40 Section 14.6 No Assignment 40 Section 14.7 Notices 40 Section 14.8 Severability 41 Section 14.9 Announcements 41 Section 14.10 Schedules, Annexes and Exhibits 41 Section 14.11 Entire Agreement 42 Section 14.12 Binding Effect 42 Section 14.13 Waiver and Amendment 42 Section 14.14 Headings 42 Section 14.15 Counterparts 42 Section 14.16 No Prejudice 42 Section 14.17 Governing Law; Jurisdiction; Enforcement 42 Section 14.18 Further Assurances 43
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Certain Financial Provisions 
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Related to Certain Financial Provisions

  • Financial Provisions 7.1 You are responsible for: (a) the setup of the Merchant Account with the Merchant Acquiring Bank and the bank’s processor; and (b) any and all set up and Bank Charges and other charges associated with the Merchant Account. 7.2 NCR Voyix cannot guarantee that the chosen Merchant Acquiring Bank can accept Transactions via the EMV PSP Service. NCR Voyix reserves the right to charge you an additional development fee to cover costs in the event that the Merchant Acquiring Bank requires NCR Voyix or its third-party suppliers to complete an accreditation procedure with respect to the EMV PSP Service or the Terminal.

  • Special Provisions Check if Required ✔ If checked, the Supplemental State Terms and attached hereto as Exhibit “G” are hereby incorporated by reference into this DPA in their entirety. ✔ If checked, the Provider, has signed Exhibit “E” to the Standard Clauses, otherwise known as General Offer of Privacy Terms

  • SPECIAL PROVISION The failure of the COUNTY to insist upon the strict performance of any provision of this Agreement or to exercise any right based upon breach thereof or the acceptance of any performance during such breach shall not constitute a waiver of any right under this Agreement.

  • Certain General Provisions 30 5.1. Closing Fee..........................................................................30 5.2. Agent's Fee..........................................................................30 5.3.

  • Initial Provisions Establishment of a Free Trade Area

  • Special Provisions Applicable to LIBOR Rate (i) The LIBOR Rate may be adjusted by Agent with respect to any Lender on a prospective basis to take into account any additional or increased costs to such Lender of maintaining or obtaining any eurodollar deposits or increased costs, in each case, due to changes in applicable law occurring subsequent to the commencement of the then applicable Interest Period, including any Changes in Law (including any changes in tax laws (except changes of general applicability in corporate income tax laws)) and changes in the reserve requirements imposed by the Board of Governors, which additional or increased costs would increase the cost of funding or maintaining loans bearing interest at the LIBOR Rate. In any such event, the affected Lender shall give Borrowers and Agent notice of such a determination and adjustment and Agent promptly shall transmit the notice to each other Lender and, upon its receipt of the notice from the affected Lender, Borrowers may, by notice to such affected Lender (A) require such Lender to furnish to Borrowers a statement setting forth in reasonable detail the basis for adjusting such LIBOR Rate and the method for determining the amount of such adjustment, or (B) repay the LIBOR Rate Loans of such Lender with respect to which such adjustment is made (together with any amounts due under Section 2.12(b)(ii)). (ii) In the event that any change in market conditions or any Change in Law shall at any time after the date hereof, in the reasonable opinion of any Lender, make it unlawful or impractical for such Lender to fund or maintain LIBOR Rate Loans or to continue such funding or maintaining, or to determine or charge interest rates at the LIBOR Rate, such Lender shall give notice of such changed circumstances to Agent and Borrowers and Agent promptly shall transmit the notice to each other Lender and (y) in the case of any LIBOR Rate Loans of such Lender that are outstanding, the date specified in such Lender’s notice shall be deemed to be the last day of the Interest Period of such LIBOR Rate Loans, and interest upon the LIBOR Rate Loans of such Lender thereafter shall accrue interest at the rate then applicable to Base Rate Loans, and (z) Borrowers shall not be entitled to elect the LIBOR Option until such Lender determines that it would no longer be unlawful or impractical to do so.

  • Definitions and General Provisions The following words and terms as hereinafter used in this Agreement shall have the following meanings unless otherwise herein provided and unless the context or use clearly indicates an other or different meaning or intent.

  • Certain Phrases, etc The words (i) “including”, “includes” and “include” mean “including (or includes or include) without limitation,” (ii) “the aggregate of”, “the total of”, “the sum of”, or a phrase of similar meaning means “the aggregate (or total or sum), without duplication, of,” and (iii) unless stated otherwise, “Article”, “Section”, and “Schedule” followed by a number or letter mean and refer to the specified Article or Section of or Schedule to this Plan of Arrangement.

  • General Provisions Applicable to Loans Section 6.1 Minimum Amounts for Committed Borrowings, Conversions or Continuations and Prepayments.

  • Certain Additional Defined Terms In addition to such terms -------------------------------- as are defined in the opening paragraph and in Section 1.1 of this Agreement, the following terms are used in this Agreement as defined in the Sections set forth opposite such terms:

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