PARAGRAPH SIX. For the purposes of the special obligations referred to in Sections XVI and XVII of this Clause, from the date of release of the funds until the date of actual repayment, any payments already made as compensatory interest or amortization of principal shall be deducted from the updated amount to be repaid to the CREDITOR, if applicable.
PARAGRAPH SIX. For the purposes of the special obligation referred to in item XII of this Clause, from the release date of the funds to the effective return date, payments already made as compensatory interest or amortization of principal must be deducted from the updated amount to be refunded to the BNDES, if applicable.
PARAGRAPH SIX. The Adviser acknowledges and agrees that the Sub-Adviser shall have no responsibility for filing claims on behalf of the Adviser, the Trust or the Funds or for providing advice with respect to any class action, bankruptcy proceeding or any other action or proceeding in which the Funds or the Trust may be entitled to participate as a result of its securities, commodities, swaps or other financial instrument or other holdings. The Sub-Adviser’s responsibility, with respect thereto, shall be limited to reasonable cooperation with the custodian and the Adviser of the managed assets. The Adviser acknowledges that the Sub-Adviser is not the official record keeper with respect to the managed assets.
PARAGRAPH SIX. The Company agrees to continue in effect during the Notice Period any compensation and benefits to which the Executive may be entitled as an employee of the Company. It is understood and agreed that at the expiration of the Notice Period, the Executive's entitlement to any such compensation and benefits shall cease.
PARAGRAPH SIX. All representatives shall be informed of the dates of the TECHNICAL CHAMBER meetings in a timely manner for their effective participation, and shall have free and timely access to the documents, proposals and information made available by FOUNDATION to the TECHNICAL XXXXXXXX or produced by them, without prejudice, as well, to using invited experts and technical studies from other sources.
PARAGRAPH SIX. All the payments due by the BUYER must be made free of any burdens or deductions not expressly foreseen in this AGREEMENT, as long as not resulting from legal and/or regulatory determination. Paragraph Seven – The SELLER must discriminate in the Electric Power Formal Xxxx of Sale / Invoice, in addition to the value referent to the power installment, the value of the ICMS tax, which is the responsibility of the CONTRACTOR, if due, in the form of the specific legislation.
PARAGRAPH SIX. Except for the provisions in PARAGRAPH FIVE of this section, the amounts withheld shall be released to the MANAGER if the independent audit set out in this chapter, or a review by the CIF and/or by the FOUNDATION, after hearing the MANAGER, verifies the lack of mismanagement or non-compliance with legislation or MANAGEMENT POLICY. The amounts retained shall be used for paying the costs provided for in this chapter, without prejudice to any repair by the MANAGER of the loss suffered by the FOUNDATION.
PARAGRAPH SIX. For the purposes of assessing ratios mentioned in subsection fourteen and Paragraph Three of this Clause, as well as for the provisions in subsections eleven, twelve and thirteen of this Clause, the following definitions and criteria shall be adopted:
PARAGRAPH SIX. The BENEFICIARY undertakes to, within the term of up to thirty (30) days counted as of the date of signature of the Agreement referred to by Paragraph Seven of this Section, evidence to BNDES that the debtors of credits assigned in relation to the fiduciary assignment are aware of the rights and bank data, which have been previously agreed upon with BNDES, in relation to the “Centralizing Account” to which said funds shall be deposited, upon notice to be made by a Registry of Titles and Deeds or by means of a public or private deed filed with the Titles and Deeds Registry of the Judicial District of Rio de Janeiro and the judicial districts of the domiciles of debtors of the credits assigned, whose contents shall be in compliance with the form to be provided by BNDES.
PARAGRAPH SIX. The BUYER must bear all the costs resulting from the formalization of the agreements for connection and utilization of the transmission or distribution system, according to the case.
