Overriding Principles. The provisions of the Agreement (including this Exhibit B and the other exhibits to this Agreement), relating to the maintenance of capital accounts and allocations are intended to comply with Regulation Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such Regulations. In the event the General Partner shall determine that it is prudent to modify the manner in which the Capital Accounts, or any debits or credits thereto are computed in order to comply with such Regulations, the General Partner may make such modifications, provided that such modification is not likely to have a material adverse effect on the amounts distributable to any Partner or Assignee, pursuant to Article VIII of this Agreement, upon dissolution of the Partnership. EXHIBIT C TO FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF STRATEGIC TIMBER PARTNERS II, LP SPECIAL ALLOCATION RULES Notwithstanding the provisions of Section 6.1 of the Agreement, the Special Allocation Rules of this Exhibit C are controlling as to the allocation of any items of Partnership income, gain, loss and deduction.
Overriding Principles. Improvements in disability management processes will be jointly developed and administered. • Disability management is intended to facilitate early intervention, effective rehabilitation, stay at work and early return to work programs. • Reasonably addresses barriers to return to work – medical, personal, vocational and/or workplace. • Emphasis will be placed on developing a program that responds in a timely manner. The earliest possible return to work is in the best interest of an employee who is disabled. • Prevention and disability management processes will be evidence based, continuous and integrated. • EDMP processes will potentially apply to all incidents of inability to work as a result of illness, injury, disability or impairment. • Regular employees who are off work with a work related illness/injury or who are off work for a non-work related illness/injury for 5 consecutive shifts are required to participate in the program unless the employee has a bona fide reason to decline. • EDMP will be compliant with legislation and regulations (e.g. Workers’ Compensation Act, human rights legislation, including duty to accommodate and privacy laws), and the Provincial Collective Agreement (PCA). • Confidential medical information will be protected. • Disability management is most effective when delivered as close to the workplace as possible. • An effective system-wide evaluation will be implemented. This requires the development of a framework, determining key metrics and identifying the frequency of data sharing. • Effective disability management is intended to reduce costs and should recognize that a cost/benefit analysis of individual situations may be required.
Overriding Principles. (a) If applicable, design and construct cast in place or precast concrete of appropriate properties for the intended use in accordance with the requirements of all applicable Laws, standards and specifications.
(b) If applicable, design for the applicable concrete exposure class and provide high sulphate resistant performance where applicable.
(c) Maximize the fly ash content of the mix.
(d) Use wood formwork for cast in place concrete.
Overriding Principles. 2.1 The Parties agree to work together and agree to adopt the following principles for working together in relation to the Framework Agreement, to:
2.1.1 collaborate and co-operate to ensure that activities are delivered and actions taken as required;
2.1.2 be accountable. Take on, manage and account to each other for performance of the respective roles and responsibilities set out in this Agreement;
Overriding Principles. 3.1 Negotiations and the Agreement-in-Principle and the Final Agreement for the amalgamation of the organizations into a Unified Entity and the Supplementary Agreement for the creation of a new form of government in Nunavik shall be consistent with and provide, among other principles, for the following principles:
a) The Unified Entity and the new form of government in Nunavik shall be non-ethnic in nature and open to all permanent residents of Nunavik;
b) The Unified Entity and the new form of government in Nunavik shall come under the jurisdiction of the Québec National Assembly;
c) The Unified Entity and the new form of government in Nunavik shall respect the authority of the Québec National Assembly and of the federal Parliament in federal matters;
d) Any amendment to the JBNQA and to the NEQA for the purposes of establishing the Unified Entity and the subsequent creation of a new form of government in Nunavik shall be accomplished by a complementary agreement or agreements to the JBNQA and to the NEQA and shall not prejudice the rights of the Inuit under the JBNQA, and the modified provisions shall be retained as part of the JBNQA;
e) The establishment of a Unified Entity and the subsequent creation of a new form of government in Nunavik shall not prejudice the rights of the Cree or Naskapi as set out in the JBNQA and the NEQA, as well as the rights and obligations of third parties;
f) The Unified Entity shall have authority and jurisdiction of the KRG, the KSB, the NRBHSS and the KRDC over the Territory and, if necessary, of other existing organizations. The new form of government in Nunavik shall have authority and jurisdiction for matters under its responsibility as defined in the Supplementary Agreement;
g) Arrangements for the establishment of a Unified Entity and the subsequent creation of a new form of government in Nunavik shall not modify the land and natural resources regimes established under the JBNQA and the NEQA;
h) The Canadian Charter of Rights and Freedoms and the Charter of Human Rights and Freedom (Québec) shall apply to the Unified Entity and the new form of government in Nunavik;
i) This Framework Agreement, and the negotiation it foresees, shall not affect Québec or federal programs, services, funding or initiatives or undertakings which apply, or would normally apply to Nunavik residents and entities, other than those to be amalgamated under the block funding agreements, subject however to the criteria established from time to t...
Overriding Principles. Generally, the provisions of Sections III.A.1, 2 and 5(b) will apply without exception. However, and notwithstanding Sections III.A.5, 6, and 9, the Setting Every Community Up for Retirement Enhancement Act of 2019 (“SECURE Act”) made some changes to the rules regarding required minimum distributions. For distributions with respect to Depositors who die after December 31, 2019, only an “Eligible Designated Beneficiary” can elect to take payments over their life expectancy, and any remaining XXX benefits following such Beneficiary’s death must be distributed by the end of the tenth year following the year of the Beneficiary’s death. All other Designated Beneficiaries must take their XXX benefits by the end of the tenth year following the year of the Depositor’s death.
Overriding Principles. Surplus cash will be invested as part of a treasury function. The objective is to earn an attractive return on these funds while ensuring short term liquidity pending investment opportunities.
10.1 These investments should all be capable of being realised for cash within 30 days.
10.2 These funds may be invested into a portfolio of directly held assets or into funds which provide the necessary liquidity.
10.3 These investments may be in fixed income instruments on the basis that the duration is less than 12 months and there is a liquid secondary market.
10.4 No equity investments will qualify as treasury assets.
10.5 No long term, illiquid derivatives will qualify as treasury assets.
Overriding Principles. The Parties agree that the following overriding principals ("Overriding Principles") shall govern and control the respective performances and observances of and compliances with the covenants, terms, conditions and other provisions of this Agreement on the part of each of the Parties to be performed, observed and complied with:
Overriding Principles. The pool will consist of a concentrated portfolio of companies where the entry price is backed by absolute value in terms of assets, recurrent cash flows or rights over assets and where we have sufficient influence to gain a board position.
1.1 The pool will not be sector specific. Investment targets should present opportunities where an influential stake can be acquired and we are able to influence an exit in one to three years.
1.2 The targets should be: • in mature jurisdictions. • in an industry we can understand. • at a value that could be financed by private equity. • have identifiable value based on sustainable cash flows, hard assets or rights over assets.
1.3 As a rule we should not invest in: • new ventures. • businesses which require capital for research and development and/or investment to prove the business model. • IPO’s.
Overriding Principles. The provisions of the Agreement (including this Exhibit B and the other exhibits to this Agreement), relating to the maintenance of capital accounts and allocations are intended to comply with Regulation Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such Regulations. In the event the General Partner shall determine that it is prudent to modify the manner in which the Capital Accounts, or any debits or credits thereto are computed in order to comply with such Regulations, the General Partner may make such modifications, provided that such modification is not likely to have a material adverse effect on the amounts distributable to any Partner or Assignee, pursuant to Article VIII of this Agreement, upon dissolution of the Partnership.
