Determination of Transfer Amount Sample Clauses

Determination of Transfer Amount. 5.1 On or immediately after the Partition Date (a) Racal shall procure that Racal's Actuary will calculate the Unadjusted Transfer Amount and (within 90 days after the later of the Partition Date or the date on which sufficient data for the purpose of calculating the Unadjusted Transfer Amount has been provided by Global to Racal's Actuary) submit his findings together with such data and other information as is, in the reasonable opinion of Racal's Actuary, necessary to verify the calculation to Global's Actuary for verification by him; and (b) Global shall procure that Global's Actuary shall within 30 days of the submission to him of Racal's Actuary's calculation or, if later, within 90 days of the submission to him of the data necessary to carry out verification, verify that the calculation of the Unadjusted Transfer Amount is in accordance with this Part B of this Schedule; and (c) Global shall procure that Global's Actuary shall calculate the Service Credits and within 30 days of the submission to him of the calculation of the Unadjusted Transfer Amount submit the Service Credits as so calculated with all material details of the applicable benefits under Global's Scheme to Racal's Actuary for verification by him. 5.2 If Global's Actuary is able (within 30 days of the submission to him of the findings of Racal's Actuary or within 60 days, if Global's Actuary has within that 30 days raised any objection to Racal's Actuary's calculation) to verify that the calculation of the Unadjusted Transfer Amount is mathematically correct and in accordance with this Part B of this Schedule, Global's Actuary shall immediately notify Racal's Actuary in writing to that effect and the Unadjusted Transfer Amount as so verified shall be the Unadjusted Transfer Amount. If Global's Actuary is unable to verify Racal's Actuary's calculations the matter shall be referred to an independent actuary pursuant to paragraph 8 below. 5.3 If Racal's Actuary is able (within 30 days of the submission to him of the findings of Global's Actuary or within 60 days, if Racal's Actuary has within that 30 days raised any objection to Global's Actuary's calculation) to verify that the calculation of the Service Credits is mathematically correct and in accordance with this Part B of this Schedule, Racal's Actuary shall immediately notify Global's Actuary in writing to that effect and the Service Credits as so verified shall be the Service Credits. If Racal's Actuary is unable to verify Global's A...
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Determination of Transfer Amount. The Transfer Amount for the -------------------------------- Receivables that are the subject of any Transfer hereunder shall be determined on or prior to the date of such Transfer, and shall be equal to the Aggregated Adjusted Outstanding Balance of such Receivables.
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Determination of Transfer Amount. The “Transfer Amount”for Section 6.1 shall be equal to: (1) the Pension Liabilities calculated in accordance with section 6.4 for the Members; and (2) an amount, not less than zero, which is equal to a portion of any going concern surplus existing in the Teck DB Pension Plan as disclosed in the most recently filed actuarial report in connection with the Teck DB Plan and which shall be determined according to the following formula: A divided by B and multiplied by C. For purposes of such surplus formula, A is the amount of the Pension Liabilities, B is the amount of the total going concern liabilities of the Teck DB Pension Plan as disclosed in the most recently filed actuarial report in connection with the Teck DB Plan, and C is the total plan surplus which is equal to the market value of the assets of the Teck DB Pension Plan as disclosed in the most recently filed actuarial report in connection with the Teck DB Plan, minus B. The “Transfer Amount” for Section 6.2 shall be equal to: (1) the Pension Liabilities calculated in accordance with section 6.4 for the Teck Employees who were members of the Teck DB Plan prior to the Teck Employee Transfer Date; and (2) an amount, not less than zero, which is equal to a portion of any going concern surplus existing in the Teck DB Pension Plan as disclosed in the most recently filed actuarial report in connection with the Teck DB Plan and which shall be determined according to the following formula: A divided by B and multiplied by C. For purposes of such surplus formula, A is the amount of the Pension Liabilities, B is the amount of the total going concern liabilities of the Teck DB Pension Plan as disclosed in the most recently filed actuarial report in connection with the Teck DB Plan and C is the total plan surplus which is equal to the market value of the assets of the Teck DB Pension Plan as disclosed in the most recently filed actuarial report in connection with the Teck DB Plan, minus B.
Sample 1
Determination of Transfer Amount. On or immediately after the U.K. Transfer Date, MergerCo shall instruct Buyer's Actuary to calculate the U.K. Transfer Amount and within thirty (30) days after the U.K. Transfer Date to submit his findings to Bordxx'x Xxxuary for verification and agreement by him. If Bordxx'x Xxxuary is unable (within thirty (30) days (or such longer period as the parties may agree) of the submission to him of the findings of Buyer's Actuary) to agree the U.K. Transfer Amount as aforesaid the matter shall be referred to an independent actuary pursuant to this Schedule.
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Related to Determination of Transfer Amount

  • Definition of Transfer A transfer is a change in the employee's work location and supervision to a position of equal classification.

  • Limitation of Transactions So long as any Capital Securities remain outstanding, if (a) there shall have occurred and be continuing an Event of Default or a Declaration Event of Default or (b) the Guarantor shall have selected an Extension Period as provided in the Declaration and such period, or any extension thereof, shall have commenced and be continuing, then the Guarantor shall not and shall not permit any Affiliate to (x) declare or pay any dividends or distributions on, or redeem, purchase, acquire, or make a liquidation payment with respect to, any of the Guarantor’s or such Affiliate’s capital stock (other than payments of dividends or distributions to the Guarantor) or make any guarantee payments with respect to the foregoing or (y) make any payment of principal of or interest or premium, if any, on or repay, repurchase or redeem any debt securities of the Guarantor or any Affiliate that rank pari passu in all respects with or junior in interest to the Debentures (other than, with respect to clauses (x) and (y) above, (i) repurchases, redemptions or other acquisitions of shares of capital stock of the Guarantor in connection with any employment contract, benefit plan or other similar arrangement with or for the benefit of one or more employees, officers, directors or consultants, in connection with a dividend reinvestment or stockholder stock purchase plan or in connection with the issuance of capital stock of the Guarantor (or securities convertible into or exercisable for such capital stock) as consideration in an acquisition transaction entered into prior to the occurrence of the Event of Default, Declaration Event of Default or Extension Period, as applicable, (ii) as a result of any exchange or conversion of any class or series of the Guarantor’s capital stock (or any capital stock of a subsidiary of the Guarantor) for any class or series of the Guarantor’s capital stock or of any class or series of the Guarantor’s indebtedness for any class or series of the Guarantor’s capital stock, (iii) the purchase of fractional interests in shares of the Guarantor’s capital stock pursuant to the conversion or exchange provisions of such capital stock or the security being converted or exchanged, (iv) any declaration of a dividend in connection with any stockholders’ rights plan, or the issuance of rights, stock or other property under any stockholders’ rights plan, or the redemption or repurchase of rights pursuant thereto, (v) any dividend in the form of stock, warrants, options or other rights where the dividend stock or the stock issuable upon exercise of such warrants, options or other rights is the same stock as that on which the dividend is being paid or ranks pari passu with or junior to such stock and any cash payments in lieu of fractional shares issued in connection therewith, or (vi) payments under this Guarantee).

  • Limitation of Transactions Subordination 16 SECTION 6.1

  • Identity of Transfer Agent The Transfer Agent for the Common Stock is Corporate Stock Transfer, Inc. with a mailing address of 3000 Xxxxxx Xxxxx Xxxxx Xxxxx #000, Xxxxxx, XX 00000. Upon the appointment of any subsequent transfer agent for the Shares, the Company will mail to the Warrant Holder a statement setting forth the name and address of such transfer agent.

  • Costs of Transfer on Exchange Notwithstanding Paragraph 8, the Transferor will be responsible for, and will reimburse the Transferee for, all transfer and other taxes involved in the transfer of Eligible Credit Support either from the Transferor to the Transferee or from the Transferee to the Transferor hereto.

  • Timing of Transfers Transfers pursuant to this Article XI may only be made upon three (3) Business Days prior notice to the General Partner, unless the General Partner otherwise agrees.

  • Documentation of Transfers You can receive a transaction receipt at the time you make any transfer to, from, or between your account(s) using an ATM. · If you have arranged to have direct deposits (which are electronic funds transfers as described in Section 4) made to your asset account(s) at least once every 60 days from the same person or company, the person or company making the deposit will tell you every time they send us the money. You may visit any branch, call us at 000-000-0000 or 000-000-0000, or access your transaction history via ComputerLine, MoneyLine, Green on the Go® for mobile, or the MSUFCU Mobile app to find out whether the deposit has been made. · You will get a statement every month if you have authorized any electronic funds transfer service described in Section 4. If no electronic funds transfer occurs in a particular calendar quarter, you will still receive a statement for that quarter. However, for an asset account to which you have authorized no electronic funds transfers other than preauthorized credits, you will get a statement quarterly. On any account considered dormant, a statement will be sent to you annually. · Periodic statements we send you on accounts that are subject to electronic funds transfers described in Section 4 and transaction receipts issued by an ATM are admissible evidence. · Your right to documentation as set forth above in this section does not apply when the electronic funds transfer occurs outside of the United States.

  • Determination of Amount In lieu of the payment of the Exercise Price multiplied by the number of Units for which this Purchase Option is exercisable (and in lieu of being entitled to receive Common Stock and Warrants) in the manner required by Section 2.1, the Holder shall have the right (but not the obligation) to convert any exercisable but unexercised portion of this Purchase Option into Units ("Conversion Right") as follows: upon exercise of the Conversion Right, the Company shall deliver to the Holder (without payment by the Holder of any of the Exercise Price in cash) that number of shares of Common Stock and Warrants comprising that number of Units equal to the quotient obtained by dividing (x) the "Value" (as defined below) of the portion of the Purchase Option being converted by (y) the Current Market Value (as defined below). The "Value" of the portion of the Purchase Option being converted shall equal the remainder derived from subtracting (a) (i) the Exercise Price multiplied by (ii) the number of Units underlying the portion of this Purchase Option being converted from (b) the Current Market Value of a Unit multiplied by the number of Units underlying the portion of the Purchase Option being converted. As used herein, the term "Current Market Value" per Unit at any date means the remainder derived from subtracting (x) the exercise price of the Warrants multiplied by the number of shares of Common Stock issuable upon exercise of the Warrants underlying one Unit from (y) the Current Market Price of the Common Stock multiplied by the number of shares of Common Stock underlying the Warrants and the Common Stock issuable upon exercise of one Unit. The "Current Market Price" of a share of Common Stock shall mean (i) if the Common Stock is listed on a national securities exchange or quoted on the Nasdaq National Market, Nasdaq SmallCap Market or NASD OTC Bulletin Board (or successor such as the Bulletin Board Exchange), the last sale price of the Common Stock in the principal trading market for the Common Stock as reported by the exchange, Nasdaq or the NASD, as the case may be; (ii) if the Common Stock is not listed on a national securities exchange or quoted on the Nasdaq National Market, Nasdaq SmallCap Market or the NASD OTC Bulletin Board (or successor such as the Bulletin Board Exchange), but is traded in the residual over-the-counter market, the closing bid price for the Common Stock on the last trading day preceding the date in question for which such quotations are reported by the Pink Sheets, LLC or similar publisher of such quotations; and (iii) if the fair market value of the Common Stock cannot be determined pursuant to clause (i) or (ii) above, such price as the Board of Directors of the Company shall determine, in good faith.

  • Effect of Transfer Within Escrow After the transfer of escrow securities within escrow, the escrow securities will remain in escrow and released from escrow under this Agreement as if no transfer has occurred on the same terms that applied before the transfer. The Escrow Agent will not deliver any share certificates or other evidence of the escrow securities to transferees under this Part 5.

  • Aggregation of Trades Subadviser, to the extent permitted by applicable laws and regulations, may, but shall be under no obligation to, aggregate the securities or other investments to be sold or purchased for the Fund as well as other clients of Subadviser in order to seek best execution. In such event, allocation of the securities or futures contracts so purchased or sold, as well as the expenses incurred in the transaction, will be made by Subadviser in the manner Subadviser considers to be the most equitable and consistent with its fiduciary obligations to the Fund and to such other clients.

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