Procedures for Distribution Sample Clauses

Procedures for Distribution. (a) In connection with any distribution of Escrow Shares evidenced by certificates to GWW or to GWW's designee(s), as the case may be, the Escrow Agent shall deliver to GWW (i) one or more certificates representing the Escrow Shares required to be distributed pursuant to the provisions of this Agreement, along with duly executed stock powers relating to such certificates, and (ii) instructions that such certificates be cancelled in exchange for new certificates to be registered in the name of, and delivered to, GWW or GWW's designee(s), as the case may be. The Escrow Agent's sole duty with respect to the distribution of Escrow Shares hereunder, in the event that such certificates for such shares do not represent the proper number of shares to be distributed, shall be to deliver the certificates and duly executed stock powers relating to such certificates to GWW, and to give proper instructions to GWW for the registration and delivery of such shares. In the event that some but not all of the Escrow Shares represented by the certificates delivered to GWW by the Escrow Agent are required to be distributed to GWW or to GWW's designee(s) and the remainder of the Escrow Shares represented by such certificates are to be returned to the Escrow Fund, the Escrow Agent shall (i) direct GWW to register the number of shares required to be distributed to GWW or to GWW's designee(s), as the case may be, in the name of, and to deliver one or more certificates representing such shares to, GWW or GWW's designee(s), as the case may be, (ii) upon the Escrow Agent's receipt of new duly executed stock powers from the Original Holder (as hereinafter defined), if the Escrow Agent deems such stock powers necessary pursuant to clause (iii) below of this Section 4.5(a), direct GWW to re-register the remainder of the Escrow Shares represented by such certificate or certificates in the name of the Person(s) in the name of which such shares were registered immediately prior to such distribution (the "Original Holder") and to return such certificate or certificates to the Escrow Agent and (iii) if the Escrow Agent reasonably determines that it does not then hold in the Escrow Fund a sufficient number of stock powers relating to the returned certificates, provide a written notice to the Original Holder requesting such Original Holder to deliver to the Escrow Agent such number of new duly executed stock powers related to such returned certificates as the Escrow Agent shall request. Upon r...
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Procedures for Distribution. Tier 1. Every Settlement Class Member (defined as any Class Member who does not opt out of the Settlement) is eligible for a Tier 1 Award of $2,500. No action is required on the part of a Settlement Class Member who has been pre-identified to receive a Tier 1 Award—no Claim Form is required. A Settlement Class Member who has not been pre-identified must submit a Statement of Class Membership to receive a Tier 1
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Procedures for Distribution. 11 4.6 Commercially Reasonable Distribution Procedures................12 TABLE OF CONTENTS (continued) Page ARTICLE V ESCROW AGENT...............................................12 5.1 Duties.........................................................12
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Procedures for Distribution i. The Department Chair will review all annual summaries in the Department submitted on a standard University form. Scores from 0 to 10 to one significant figure shall be assigned for each of the four areas of activity utilizing algorithms appended to this document. The scores will be weighted to produce a composite score using the Performance Assessment Algorithm Score Sheet. The composite score will be used to determine individual salary increases as per distribution algorithms agreed upon by the negotiating teams. The algorithms for teaching and funded research, as well as the algorithms for scoring of service and scholarship are attached as Appendix E. An iterative award procedure will be used in evaluating the final award by successively eliminating the highest score in each department. The Award at a succeeding iteration cannot be more than award in preceding iterations.
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Related to Procedures for Distribution

  • Certain Distributions If the Company elects to:

  • Requirement and Characterization of Distributions; Distributions to Record Holders (a) Within 45 days following the end of each Quarter commencing with the Quarter ending on September 30, 2005, an amount equal to 100% of Available Cash with respect to such Quarter shall, subject to Section 17-607 of the Delaware Act, be distributed in accordance with this Article VI by the Partnership to the Partners as of the Record Date selected by the General Partner. All amounts of Available Cash distributed by the Partnership on any date from any source shall be deemed to be Operating Surplus until the sum of all amounts of Available Cash theretofore distributed by the Partnership to the Partners pursuant to Section 6.4 equals the Operating Surplus from the Closing Date through the close of the immediately preceding Quarter. Any remaining amounts of Available Cash distributed by the Partnership on such date shall, except as otherwise provided in Section 6.5, be deemed to be “Capital Surplus.” All distributions required to be made under this Agreement shall be made subject to Section 17-607 of the Delaware Act.

  • No Distribution of Other Offering Materials The Partnership Entities have not distributed and, prior to the later to occur of (i) the Closing Date or any settlement date and (ii) completion of the distribution of the Units, will not distribute, any offering material in connection with the offering and sale of the Units other than any Preliminary Prospectus, the Final Prospectus, any Issuer Free Writing Prospectus to which the Representatives have consented in accordance with this Agreement, and other materials, if any, permitted by the Act, including Rule 134.

  • Distribution of Written Materials Any written materials distributed by the Trustee to the Beneficiaries pursuant to this Agreement shall be sent by mail (or otherwise communicated in the same manner as Holdings utilizes in communications to holders of Holdings Shares subject to applicable regulatory requirements and provided such manner of communications is reasonably available to the Trustee) to each Beneficiary at its address as shown on the books of the Partnership. The Partnership shall provide or cause to be provided to the Trustee for purposes of communication, on a timely basis and without charge or other expense:

  • Hardship Distribution Upon the Board of Director's determination (following petition by the Executive) that the Executive has suffered an unforeseeable financial emergency as described in Section 2.2.2, the Company shall distribute to the Executive all or a portion of the Deferral Account balance as determined by the Company, but in no event shall the distribution be greater than is necessary to relieve the financial hardship.

  • Distribution of Benefits Members of this unit with at least one year of the service to the District may apply for a number of days consistent with a one-for-one match of their individual sick leave accumulation as of the end of the previous contract year brought forward to the year of the onset of disability. The combined benefit of accumulated personal sick leave and disability bank leave may not exceed one hundred-eighty days and may carry over from one contract year to another. Employees with less than one full year of service in the District will not be require to contribute one of their individual accumulated sick leave days to the disability bank. The Board reviews the right to request re-application and documentation from anyone requesting more than forty (40) days from the pool. Any benefits will be minus other insurance coverage (i.e. worker’s compensation, social security, etc.).

  • Operating Distributions Subject to Section 5.2, the Company shall from time to time distribute to the Member such amounts in cash and other assets as shall be determined by the Member.

  • Facilitation of Distribution In order to facilitate the distribution and sale of the Securities, you authorize the Manager to buy and sell Securities and any Other Securities, in addition to Securities sold pursuant to Article III hereof, in the open market or otherwise (including, without limitation, pursuant to any Intersyndicate Agreement), for long or short account, on such terms as it may deem advisable, and to over-allot in arranging sales. Such purchases and sales and over-allotments will be made for the accounts of the several Underwriters as nearly as practicable to their respective Underwriting Percentages or, in the case of an International Offering, such purchases and sales will be for such accounts as set forth in the applicable Intersyndicate Agreement. Any Securities or Other Securities which may have been purchased by the Manager for stabilizing purposes in connection with the Offering prior to the acceptance of the applicable AAU will be treated as having been purchased pursuant to this Section 5.1 for the accounts of the several Underwriters or, in the case of an International Offering, for such accounts as are set forth in the applicable Intersyndicate Agreement. Your net commitment pursuant to the foregoing authorization will not exceed at the close of business on any day an amount equal to 20% of your Underwriting Percentage of the aggregate initial Offering Price of the Firm Securities, it being understood that, in calculating such net commitment, the initial Offering Price will be used with respect to the Securities so purchased or sold and, in the case of all Other Securities, will be the purchase price thereof. For purposes of determining your net commitment for short account (i.e., “naked short”), any short position that can be covered with: (a) Securities that may be purchased upon exercise of any option to purchase Additional Securities, (b) in the case of an International Offering, any Securities or Other Securities that the Manager has agreed to purchase for your account pursuant to any applicable Intersyndicate Agreement, and (c) Securities that may be purchased pursuant to a forward sale contract or similar arrangement with the Issuer or any selling security holder in the Offering, will be disregarded. On demand you will take up and pay for any Securities or Other Securities so purchased for your account and any Securities released to you pursuant to Section 3.7 hereof, and will deliver to the Manager against payment any Securities or Other Securities so sold or over-allotted for your account or released to you. The Manager will notify you if it engages in any stabilization transaction in accordance with Rule 17a-2 under the 1934 Act, and will notify you of the date of termination of stabilization. You will not stabilize or engage in any syndicate covering transaction (as defined in Rule 100 of Regulation M under the 1934 Act (“Regulation M”)) in connection with the Offering without the prior consent of the Manager. You will provide to the Manager any reports required of you pursuant to Rule 17a-2 of the 1934 Act not later than the date specified therein.

  • Adjustments for Other Distributions In the event the Company shall declare a distribution payable in securities of other Persons, evidences of indebtedness issued by the Company or other Persons, assets (excluding cash dividends or distributions to the holders of Common Stock paid out of current or retained earnings and declared by the Company’s Board of Directors) or options or rights not referred to in Sections 4.2 or 4.3 then, in each such case for the purpose of this Section 4.4, upon exercise of this Warrant, the Holder shall be entitled to a proportionate share of any such distribution as though the Holder was the actual record holder of the number of Warrant Shares as of the record date fixed for the determination of the holders of Common Stock of the Company entitled to receive such distribution.

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