Premise. Bank, in its capacity as custodian of the Trust has been engaged to provide U.S. domestic custody services to the Trust and its various portfolios pursuant to the terms of a Domestic Custody Agreement dated as June 18, 2007 (the “Custody Agreement”). The Trust intends to issue in respect of its portfolios listed on Exhibit A hereto (each an “ETF Series”) an exchange-traded class of shares known as “ETF1 Shares” for each Fund (each a “ETF Series”). The ETF Shares shall be issued in bundles called “Creation Units” (hereinafter defined). The Trust, on behalf of the ETF Series, shall issue and redeem ETF Shares of each ETF Series only in Creation Units principally in kind for portfolio securities of the particular ETF Series (“Deposit Securities”), as more fully described in the current prospectus and statement of additional information of the Trust, included in its registration statement on Form N-1A; and as authorized under the Order of Exemption of the Securities and Exchange Commission. Only brokers or dealers that are “Authorized Participants” (hereinafter defined) and that have entered into an Authorized Participant Agreement substantially in the form of Exhibit B hereto with the Distributor (hereinafter defined), acting on behalf of the Trust, shall be authorized to purchase and redeem ETF Shares in Creation Units from the Trust. The Trust wishes to engage Bank to perform certain services on behalf of the Trust with respect to the purchase and redemption of ETF Shares, as the Trust’s agent, namely: to provide transfer agent services for ETF Shares of each ETF Series; to act as Index Receipt Agent (as such term is defined in the rules of the National Securities Clearing Corporation) with respect to the settlement of trade orders with Authorized Participants; and to provide custody services under the terms of the Custody Agreement, as supplemented hereby, for the settlement of purchases of Creation Units against Deposit Securities that shall be delivered by Authorized Participants in exchange for ETF Shares and the redemption of ETF Shares in Creation Unit size against the delivery of Redemption Securities (hereinafter defined) of each ETF Series.
Premise one contiguous property or site which normally has one delivery point of service and one or more metered or unmetered service classes that when totaled equal the entire electricity used at that one premise or site. Each premise shall have only one electricity Supplier providing the electric supply requirements for that one premise. Multiple premises or sites under the same name are considered multiple Customers. Scheduling Coordinator - an entity recognized by the PJM OI and qualified to act on behalf of a Supplier in taking such actions with PJM as are necessary in order for the Supplier’s Responsibilities to be met, including the submission of energy schedules to the PJM OI, and including fulfillment of all obligations associated with service to Customers, including the obligations of a Load Serving Entity under the PJM Tariff, and all other PJM procedures, agreements, and manuals, and that is (1) a signatory of applicable PJM Agreements or (2) is the agent, for scheduling purposes, of one or more Electric Suppliers that are signatories of applicable PJM Agreements. Service Territory - the geographic areas of the State of Delaware in which the Company has an exclusive franchise to serve electric customers. Standard Offer Service - the provision of electricity and related services by the Company to Customers. Standard Offer Service is provided in one of two forms, a variably-priced form and a fixed price form. Supplier Representative - any officer, director, employee, consultant, contractor, or other agent or representative of the Supplier duly authorized to act in connection with the Supplier's activity solely as a Supplier. To the extent a Supplier is a division or group of a company, the term Supplier Representative does not include any person in that company who is not part of the Supplier division. Supplier or Electric Supplier - a provider of electric supply services that has been certified by the Commission to provide electricity and related supply services to retail customers within the State of Delaware. As used in this Agreement and for purposes of clarity in interpreting this Agreement, the Company, in performing its utility functions and in supplying Standard Offer Service, is not a Supplier or Electric Supplier. Supplier Responsibilities - those actions to be taken by a Supplier that permit the type of interface and coordination between Electric Suppliers and the Company in connection with the delivery of Competitive Electric Supply to serve ...
Premise. Bank, in its capacity as custodian of the Trust has been engaged to provide U.S. domestic custody services to the Trust and its various portfolios pursuant to the terms of a Global Custody Agreement dated as February 26, 2008 (the “Custody Agreement”). The Trust intends to issue in respect of its portfolios listed on Exhibit A hereto (each an “ETF Series”) an exchange-traded class of shares known as “NETS Shares” for each Fund (each a “ETF Series”). The NETS Shares shall be issued in bundles called “Creation Units” (hereinafter defined). The Trust, on behalf of the ETF Series, shall issue and redeem NETS Shares of each ETF Series only in Creation Units principally in kind for portfolio securities of the particular ETF Series (“Deposit Securities”) or cash, as more fully described in the current prospectus and statement of additional information of the Trust, included in its registration statement on Form N-1A, No. 333-147077; 811-22140; and as authorized under the Order of Exemption dated March 17, 2008 of the Securities and Exchange Commission. Only brokers or dealers that are “Authorized Participants” (hereinafter defined) and that have entered into an Authorized Participant Agreement substantially in the form of Exhibit B hereto with the Distributor (hereinafter defined), acting on behalf of the Trust, shall be authorized to purchase and redeem NETS Shares in Creation Units from the Trust. The Trust wishes to engage Bank to perform certain services on behalf of the Trust with respect to the purchase and redemption of NETS Shares, as the Trust’s agent, namely: to provide transfer agent services for NETS Shares of each ETF Series; to act as Index Receipt Agent (as such term is defined in the rules of the National Securities Clearing Corporation) with respect to the settlement of trade orders with Authorized Participants; and to provide custody services under the terms of the Custody Agreement, as supplemented hereby, for the settlement of purchases of Creation Units against Deposit Securities or cash that shall be delivered by Authorized Participants in exchange for NETS Shares and the redemption of NETS Shares in Creation Unit size against the delivery of Redemption Securities (hereinafter defined) or cash of each ETF Series.
Premise. The Foundation’s student apartments are intended for use by full-time degree students during the period in which they are studying in institutions of higher education in the Helsinki, Vantaa, Espoo and Kauniainen regions. These agreement terms also apply to the housing companies owned together by the Foundation and the municipality. In addition to the terms of this agreement, tenants are subject to the law concerning rental apartments (AHVL 481/95), the rules and regulations of the housing company, the instructions and regulations given in resident notifications, Resident's Guide, Tenant Charge Sheet, Tenant Responsibility Chart, and other instructions and regulations that are currently in effect and available on the HOAS website, as well as the law (1190/93) governing the use, relinquishing and buying of state subsidised low- income rental apartments and housing projects.
Premise. Decoration works, renovation
Premise. Bank, in its capacity as custodian of the Trust has been engaged to provide U.S. domestic custody services to the Trust and its various portfolios pursuant to the terms of a Domestic Custody Agreement dated as January 5, 2011 (the “Custody Agreement”). The Trust intends to issue in respect of its portfolios listed on Exhibit A hereto (each a “Fund” or an “ETF Series”) an exchange-traded class of shares known as "ETF1 Shares” for each ETF Series. The ETF Shares shall be issued in bundles called “Creation Units.” The Trust, on behalf of the ETF Series, shall issue and redeem ETF Shares of each ETF Series only in Creation Units principally in kind for portfolio securities of the particular ETF Series (“Deposit Securities”), as more fully described in the current prospectus and statement of additional information of the Trust, included in its registration statement on Form N-1A, Securities Act File No. 333-146327, Investment Company Act File No. 811-22128 (“Registration Statement”) and as authorized under the Order of Exemption dated November 27, 2007 of the Securities and Exchange Commission, Investment Company Act Release No. 28066 (“Order of Exemption”). Only brokers or dealers that are “Authorized Participants” and that have entered into an Authorized Participant Agreement with the Distributor, acting on behalf of the Trust, shall be authorized to issue and redeem ETF Shares in Creation Units from the Trust. The Trust wishes to engage Bank to perform certain services on behalf of the Trust with respect to the issuance and redemption of ETF Shares, as the Trust’s agent, namely: to provide transfer agent services for ETF Shares of each ETF Series; to act as Index Receipt Agent (as such term is defined in the rules of the National Securities Clearing Corporation) with respect to the settlement of trade orders with Authorized Participants; and to provide custody services under the terms of the Custody Agreement, as supplemented hereby, for the settlement of issuances of Creation Units against Deposit Securities that shall be delivered by Authorized Participants in exchange for ETF Shares and the redemption of ETF Shares in Creation Unit size against the delivery of Redemption Securities of each ETF Series.
Premise one contiguous property or site which normally has one delivery point of service and one or more metered or unmetered service classes that when totaled equal the entire electricity used at that one premise or site. Each premise shall have only one electricity Supplier providing the electric supply requirements for that one premise. Multiple premises or sites under the same name are considered multiple Customers. Renewable Portfolio Standard – As defined in State of Delaware Code, Title 26, Chapter
Premise. (i) the 27th Floor, The Sun’s Group Centre, 000 Xxxxxxxxxx Xxxx, Xxxxxxx, Xxxx Xxxx;
Premise. Lessor hereby leases to Lessee and Lessee hereby leases from Lessor the portion of the Project which is commonly known as the "Telephone and Television Equipment Room" which is described on Exhibit "B" attached hereto and incorporated herein by this reference. Such area is sometimes referred to herein as the "Premises." The Premises is to be used for the purpose of installing, operating, servicing and repairing the private telephone and television utilities and equipment described on Exhibits "C" and "C-1" (referred to collectively as the "Telephone and Television Equipment"). The equipment as described on Exhibit "C" relating to the Television System shall sometimes be referred to as the "Television Equipment" and the equipment described on Exhibit "C-1" relating to the Telephone System shall sometimes be referred to as the "Telephone Equipment". In addition to the Telephone and Television Equipment installed in the Premises, the Premises is to be used for the purpose of installing, operating, servicing and repairing the private telephone and television utilities and equipment as described on Exhibit C-2 (referred to collectively as the "Related Project Telephone and Television Equipment") which equipment is being and will be employed in connection with the Related Project.
Premise. The BankUnited Option ARM (OARM) portfolio is deteriorating quickly with loans rolling current to delinquent at rates as high as 5.4% monthly. The majority of these loans are set to recast in 2011 with the pace accelerating through 2010. BankUnited has proposed including short refinance as a permitted Loss under the Single-Family Shared Loss Agreement (SFSLA), given it is the least costly loss mitigation solution for OARM loans. BankUnited will enter a joint marketing agreement with an unaffiliated third party originator to solicit borrowers for refinance opportunities. The unaffiliated third party originator will provide financing and will be the originator of the new loans. BankUnited will not receive any compensation and will not retain an interest in the new loan from the unaffiliated third party originator under this arrangement. The unaffiliated third party originator will act independently, and shall not act as BankUnited’s agent. Borrowers will not be precluded from seeking refinance opportunities with other lenders, as long as the new lender is not an affiliate of BankUnited and BankUnited is not receiving compensation or retaining an interest in the loan (any such other lender, an “Alternative Lender”). For the avoidance of doubt, a loss may still qualify as a Short Refinance Loss if the refinance is originated by an Alternative Lender. BankUnited will not make any representations regarding eligibility or the quality of the new loan. Eligibility Qualifying Borrower Characteristics: · Pre-recast OARM borrowers with an expected recast within one year and an expected payment increase at recast of more than 10%. · Single Family Shared-Loss Loan is prepaid or due for current month · Owner-Occupied property, primary residence. Transaction Requirements: · After calculation in accordance with the applicable guidelines, the Short Refinance Loss will result in a lesser monetary loss than a Foreclosure Loss. · BankUnited will not be required to offer borrowers the Short Refinance program where the amount of principal reduced would exceed the lesser of (a) 35 percent of the outstanding unpaid principal balance and (b) $250,000. · New loan must adhere to FHA, Xxxxxx Xxx, or Xxxxxxx Mac underwriting standards and balance requirements. · BankUnited will be required to consider the borrower’s ability to make cash contributions towards closing costs and shortfall. The criteria for consideration are outlined in the Borrower Contribution Guidelines document, attach...
