PROVISIONS CONCERNING PENSIONS Sample Clauses

PROVISIONS CONCERNING PENSIONS. Chapter 1 Provisions concerning Belgian pensions SECTION 1- Old-age and survivors pensions Article 11 1. Notwithstanding the provisions of paragraph 2, for the acquisition, retention or recovery of the right to pensions, the insurance periods completed pursuant to the Korean legislation concerning pensions are totalized, when necessary and to the extent that they do not overlap, with the insurance periods completed pursuant to the Belgian legislation. 2. If the Belgian legislation subordinates the granting of certain pensions to the condition that the insurance periods are to be completed in a given occupation, only insurance periods completed or recognized as equivalent in the same occupation in Korea shall be totalized for admission to entitlement to these pensions. 3. If the Belgian legislation subordinates the granting of certain pensions to the condition that the insurance periods are to be completed in a given occupation, and when these periods did not result in entitlement to the said pensions, the said periods shall be considered valid for the determination of the pensions provided for in the general scheme of employed persons. 1. If a person is entitled to pensions under the Belgian legislation without necessarily proceeding to totalization, the Belgian agency shall calculate the pension entitlement directly on the basis of the insurance periods completed in Belgium and only under the Belgian legislation. That agency shall also calculate the amount of the pension that would be obtained by applying the rules specified in paragraph 2 a) and b). Only the higher of these two amounts shall be taken into consideration. 2. If a person is entitled to a pension by virtue of the Belgian legislation, with his right being created solely by taking the totalization of the insurance periods into account pursuant to Article 11, the following rules apply : a) the Belgian agency shall calculate the theoretical amount of pension due as if all the insurance periods completed according to the two Contracting States' legislations were exclusively completed under the Belgian legislation; b) the Belgian agency shall then calculate the amount due, on the basis of the amount specified under a), in proportion to the duration of the insurance periods under its legislation, in relation to the duration of all insurance periods accounted under a).
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PROVISIONS CONCERNING PENSIONS. CHAPTER 1 - Provisions concerning Belgian pensions TITRE III – DISPOSITIONS CONCERNANT LES PENSIONS CHAPITRE 1 - Dispositions concernant les pensions belges 1. Notwithstanding the provisions of paragraph 2, for the acquisition, retention or recovery of the right to pensions, the insurance periods completed pursuant to the Korean legislation concerning pensions are totalized, when necessary and to the extent that they do not overlap, with the insurance periods completed pursuant to the Belgian legislation. 2. If the Belgian legislation subordinates the granting of certain pensions to the condition that the insurance periods are to be completed in a given occupation, only insurance periods completed or recognized as equivalent in the same occupation in Korea shall be totalized for admission to entitlement to these pensions. 3. If the Belgian legislation subordinates the granting of certain pensions to the condition that the insurance periods are to be completed in a given occupation, and when these periods did not result in entitlement to the said pensions, the said periods shall be considered valid for the determination of the pensions provided 1. Sous réserve des dispositions du paragraphe 2, les périodes d'assurance accomplies conformément à la législation coréenne sur les pensions sont totalisées en tant que de besoin, à la condition qu'elles ne se superposent pas, avec les périodes d'assurance accomplies sous la législation belge, en vue de l'acquisition, du maintien ou du recouvrement du droit aux pensions. 2. Lorsque la législation belge subordonne l'octroi de certaines pensions à la condition que les périodes d'assurance aient été accomplies dans une profession déterminée, ne sont totalisées, pour l'admission au bénéfice de ces pensions, que les périodes d'assurance accomplies ou reconnues équivalentes dans la même profession en Corée. 3. Lorsque la législation belge subordonne l'octroi de certaines pensions à la condition que les périodes d'assurance aient été accomplies dans une profession déterminée et lorsque ces périodes n'ont pu xxxxxx droit auxdites pensions, lesdites périodes sont considérées comme valables pour la détermination for in the general scheme of employed persons. des pensions prévues par le régime général des travailleurs salariés. 1. If a person is entitled to pensions under the Belgian legislation without necessarily proceeding to totalization, the Belgian agency shall calculate the pension entitlement directly on the basis of t...
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PROVISIONS CONCERNING PENSIONS. CHAPTER 1 - Provisions concerning Belgian pensions Section 1 - Old-age and survivors pensions Article 11 1. Notwithstanding the provisions of paragraph 2, for the acquisition, retention or recovery of the right to pensions, the insurance periods completed pursuant to the Korean legislation concerning pensions are 1. Onder voorbehoud van de bepalingen van paragraaf 2 worden, voor het verkrijgen, het behoud of het herstel van het recht op pensioenen, de verzekerings- tijdvakken vervuld overeenkomstig de Koreaanse totalized, when necessary and to the extent that they do not overlap, with the insurance periods completed pursuant to the Belgian legislation. 2. If the Belgian legislation subordinates the granting of certain pensions to the condition that the insurance periods are to be completed in a given occupation, only insurance periods completed or recognized as equivalent in the same occupation in Korea shall be totalized for admission to entitlement to these pensions. 3. If the Belgian legislation subordinates the granting of certain pensions to the condition that the insurance periods are to be completed in a given occupation, and when these periods did not result in entitlement to the said pensions, the said periods shall be considered valid for the determination of the pensions provided for in the general scheme of employed persons. wetgeving betreffende de pensioensverzekering in de nodige mate samengeteld, op voorwaarde dat ze elkaar niet overlappen, met de onder de Belgische wetgeving vervulde verzekeringstijdvakken. 2. Wanneer de Belgische wetgeving de toekenning van bepaalde pensioenen afhankelijk stelt van de voorwaarde dat de verzekeringstijdvakken in een bepaald beroep werden vervuld, worden, voor het genieten van deze pensioenen, slechts de verzekeringstijdvakken samengeteld die in hetzelfde beroep in Korea werden vervuld of als gelijkwaardig erkend zijn. 3. Wanneer de Belgische wetgeving de toekenning van bepaalde pensioenen afhankelijk stelt van de voorwaarde dat de verzekeringstijdvakken in een bepaald beroep werden vervuld en wanneer deze tijdvakken geen recht op deze pensioenen hebben kunnen geven, worden deze tijdvakken beschouwd als geldig voor de vaststelling van de pensioenen waarin is voorzien in de algemene regeling van de werknemers. 1. If a person is entitled to pensions under the Belgian legislation without necessarily proceeding to totalization, the Belgian agency shall calculate the pension entitlement directly on the basis of ...
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PROVISIONS CONCERNING PENSIONS. Chapter 1 Provisions concerning Belgian old age and survivors’ pensions Article 12 1. a) Subject to the provisions of paragraph 2, for the acquisition, retention or recovery of the right to a pension, insurance periods completed pursuant to the Australian legislation concerning pensions are totalised, when necessary and to the extent that they do not overlap, with insurance periods completed pursuant to the Belgian legislation.
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Related to PROVISIONS CONCERNING PENSIONS

  • Provisions Concerning All Collateral 13 6.1. Protection of Collateral Agent's Security......................................... 13 6.2. Warehouse Receipts Non-Negotiable................................................. 14 6.3.

  • Additional Provisions Concerning the Collateral (a) To the maximum extent permitted by applicable law, and for the purpose of taking any action that the Collateral Agent may deem necessary or advisable to accomplish the purposes of this Agreement, each Grantor hereby (i) authorizes the Collateral Agent to execute any such agreements, instruments or other documents in such Grantor’s name and to file such agreements, instruments or other documents in such Grantor’s name and in any appropriate filing office, (ii) authorizes the Collateral Agent at any time and from time to time to file, one or more financing or continuation statements, and amendments thereto, relating to the Collateral (including, without limitation, any such financing statements that (A) describe the Collateral as “all assets” or “all personal property” (or words of similar effect) or that describe or identify the Collateral by type or in any other manner as the Collateral Agent may determine regardless of whether any particular asset of such Grantor falls within the scope of Article 9 of the Code or whether any particular asset of such Grantor constitutes part of the Collateral, and (B) contain any other information required by Part 5 of Article 9 of the Code for the sufficiency or filing office acceptance of any financing statement, continuation statement or amendment, including, without limitation, whether such Grantor is an organization, the type of organization and any organizational identification number issued to such Grantor) and (iii) ratifies such authorization to the extent that the Collateral Agent has filed any such financing or continuation statements, or amendments thereto, prior to the date hereof. A photocopy or other reproduction of this Agreement or any financing statement covering the Collateral or any part thereof shall be sufficient as a financing statement where permitted by law. (b) Each Grantor hereby irrevocably appoints the Collateral Agent as its attorney-in-fact and proxy, with full authority in the place and stead of such Grantor and in the name of such Grantor or otherwise, from time to time in the Collateral Agent’s discretion, to take any action and to execute any instrument which the Collateral Agent may deem necessary or advisable to accomplish the purposes of this Agreement, including, without limitation, (i) to obtain and adjust insurance required to be paid to the Collateral Agent pursuant to Section 6(e) hereof, (ii) to ask, demand, collect, sue for, recover, compound, receive and give acquittance and receipts for moneys due and to become due under or in respect of any Collateral, (iii) to receive, endorse, and collect any drafts or other Instruments, Documents and Chattel Paper in connection with clause (i) or (ii) above, (iv) to file any claims or take any action or institute any action, suit or proceedings which the Collateral Agent may deem necessary or desirable for the collection of any Collateral or otherwise to enforce the rights of the Collateral Agent and the Noteholders with respect to any Collateral, (v) to execute assignments, licenses and other documents to enforce the rights of the Collateral Agent and the Noteholders with respect to any Collateral, and (vi) to verify any and all information with respect to any and all Accounts. This power is coupled with an interest and is irrevocable until all of the Obligations are fully performed and Paid in Full. (c) For the purpose of enabling the Collateral Agent to exercise rights and remedies hereunder, at such time as the Collateral Agent shall be lawfully entitled to exercise such rights and remedies, and for no other purpose, each Grantor hereby grants to the Collateral Agent, to the extent assignable, an irrevocable, non-exclusive license (exercisable without payment of royalty or other compensation to any Grantor) to use, assign, license or sublicense any Intellectual Property in which such Grantor now or hereafter has any right, title or interest, wherever the same may be located, including, without limitation, in such license reasonable access to all media in which any of the licensed items may be recorded or stored and to all computer programs used for the compilation or printout thereof. Notwithstanding anything contained herein to the contrary, but subject to the provisions of the Securities Purchase Agreement that limit the right of any Grantor to dispose of its property, and Section 6(g) and Section 6(h) hereof, so long as no Event of Default shall have occurred and be continuing, any Grantor may exploit, use, enjoy, protect, license, sublicense, assign, sell, dispose of or take other actions with respect to the Intellectual Property in the ordinary course of its business and as otherwise expressly permitted by any of the other Transaction Documents. In furtherance of the foregoing, unless an Event of Default shall have occurred and be continuing, the Collateral Agent shall from time to time, upon the request of any Grantor, execute and deliver any instruments, certificates or other documents, in the form so requested, which such Grantor shall have certified are appropriate (in such Grantor’s judgment) to allow it to take any action permitted above (including relinquishment of the license provided pursuant to this clause (c) as to any Intellectual Property). Further, upon the full performance and Payment in Full of all of the Obligations, the Collateral Agent (subject to Section 11(e) hereof) shall release and reassign to any Grantor all of the Collateral Agent’s right, title and interest in and to the Intellectual Property, and the Licenses, all without recourse, representation or warranty whatsoever. The exercise of rights and remedies hereunder by the Collateral Agent shall not terminate the rights of the holders of any licenses or sublicenses theretofore granted by each Grantor in accordance with the second sentence of this clause (c). Each Grantor hereby releases the Collateral Agent from any claims, causes of action and demands at any time arising out of or with respect to any actions taken or omitted to be taken by the Collateral Agent under the powers of attorney granted herein other than actions taken or omitted to be taken through the Collateral Agent’s gross negligence or willful misconduct, as determined by a final judgment of a court of competent jurisdiction no longer subject to appeal. (d) If any Grantor fails to perform any agreement or obligation contained herein, the Collateral Agent may itself perform, or cause performance of, such agreement or obligation, in the name of such Grantor or the Collateral Agent, and the expenses of the Collateral Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 9 hereof and such obligation shall be secured by the Collateral. (e) The powers conferred on the Collateral Agent hereunder are solely to protect its interest in the Collateral and shall not impose any duty upon it to exercise any such powers. Except for the safe custody of any Collateral in its possession and the accounting for moneys actually received by it hereunder, the Collateral Agent shall have no duty as to any Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral. (f) Anything herein to the contrary notwithstanding (i) each Grantor shall remain liable under the Licenses and otherwise with respect to any of the Collateral to the extent set forth therein to perform all of its obligations thereunder to the same extent as if this Agreement had not been executed, (ii) the exercise by the Collateral Agent of any of its rights or remedies hereunder shall not release any Grantor from any of its obligations under the Licenses or otherwise in respect of the Collateral, and (iii) the Collateral Agent shall not have any obligation or liability by reason of this Agreement under the Licenses or with respect to any of the other Collateral, nor shall the Collateral Agent be obligated to perform any of the obligations or duties of any Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder. (g) As long as no Event of Default shall have occurred and be continuing and, other than in the case of a Bankruptcy Event of Default, until written notice shall be given to the applicable Grantor: (i) Each Grantor shall have the right, from time to time, to vote and give consents with respect to the Pledged Equity, or any part thereof for all purposes not inconsistent with the provisions of this Agreement, the Securities Purchase Agreement or any other Transaction Document; provided, however, that no vote shall be cast, and no consent shall be given or action taken, which would have the effect of impairing the position or interest of the Collateral Agent in respect of the Pledged Equity or which would authorize, effect or consent to (unless and to the extent expressly permitted by the Securities Purchase Agreement): (A) the dissolution or liquidation, in whole or in part, of a Pledged Entity; (B) the consolidation or merger of a Pledged Entity with any other Person; (C) the sale, disposition or encumbrance of all or substantially all of the assets of a Pledged Entity, except for Liens in favor of the Collateral Agent; (D) any change in the authorized number of shares, the stated capital or the authorized share capital of a Pledged Entity or the issuance of any additional shares of its Capital Stock; or (E) the alteration of the voting rights with respect to the Capital Stock of a Pledged Entity. (i) Each Grantor shall be entitled, from time to time, to collect and receive for its own use all cash dividends and interest paid in respect of the Pledged Equity to the extent not in violation of the Securities Purchase Agreement other than any and all: (A) dividends and interest paid or payable other than in cash in respect of any Pledged Equity, and instruments and other property received, receivable or otherwise distributed in respect of, or in exchange for, any Pledged Equity; (B) dividends and other distributions paid or payable in cash in respect of any Pledged Equity in connection with a partial or total liquidation or dissolution or in connection with a reduction of capital, capital surplus or paid-in capital of a Pledged Entity; and (C) cash paid, payable or otherwise distributed, in respect of principal of, or in redemption of, or in exchange for, any Pledged Equity; provided, however, that until actually paid all rights to such distributions shall remain subject to the Lien created by this Agreement; and (ii) all dividends and interest (other than such cash dividends and interest as are permitted to be paid to any Grantor in accordance with clause (i) above) and all other distributions in respect of any of the Pledged Equity, whenever paid or made, shall be delivered to the Collateral Agent to hold as Pledged Equity and shall, if received by any Grantor, be received in trust for the benefit of the Collateral Agent (for the ratable benefit of the Collateral Agent and the Noteholders), be segregated from the other property or funds of such Grantor, and be forthwith delivered to the Collateral Agent as Pledged Equity in the same form as so received (with any necessary endorsement).

  • CERTAIN PROVISIONS CONCERNING SECURITIES COLLATERAL SECTION 5.1. Pledge of Additional Securities Collateral 17 SECTION 5.2. Voting Rights; Distributions; etc. 18 SECTION 5.3. Reserved 19

  • Actions Concerning Mortgage Loans To the knowledge of the Seller, there are no actions, suits or proceedings before any court, administrative agency or arbitrator concerning any Mortgage Loan, Mortgagor or related Mortgaged Property that might adversely affect title to the Mortgaged Property or the validity or enforceability of the related Mortgage or that might materially and adversely affect the value of the Mortgaged Property as security for the Mortgage Loan or the use for which the premises were intended.

  • Plan Provisions Control In the event that any provision of the Agreement conflicts with or is inconsistent in any respect with the terms of the Plan, the terms of the Plan shall control.

  • Concerning Applicable Provisions of Law, etc This Agreement shall be subject to all applicable provisions of law, including the applicable provisions of the 1940 Act and to the extent that any provisions herein contained conflict with any such applicable provisions of law, the latter shall control.

  • Governing Provisions This Agreement is made under and subject to the provisions of the Plan, and all of the provisions of the Plan are also provisions of this Agreement. If there is a difference or conflict between the provisions of this Agreement and the provisions of the Plan, the provisions of the Plan will govern. By signing this Agreement, the Grantee confirms that he or she has received a copy of the Plan.

  • Actions Concerning Mortgage Loan As of the date of origination and to Seller’s knowledge as of the Cut-off Date, there was no pending or filed action, suit or proceeding, arbitration or governmental investigation involving any Mortgagor, guarantor or Mortgagor’s interest in the Mortgaged Property, an adverse outcome of which would reasonably be expected to materially and adversely affect (a) such Mortgagor’s title to the Mortgaged Property, (b) the validity or enforceability of the Mortgage, (c) such Mortgagor’s ability to perform under the related Mortgage Loan, (d) such guarantor’s ability to perform under the related guaranty, (e) the principal benefit of the security intended to be provided by the Mortgage Loan documents or (f) the current principal use of the Mortgaged Property.

  • General Provisions Applicable to Loans and Letters of Credit 4.1. Interest Rates and Payment Dates 4.2. Conversion and Continuation Options 4.3. Minimum Amounts of Sets

  • CFR PART 200 AND FEDERAL CONTRACT PROVISIONS EXPLANATION TIPS and TIPS Members will sometimes seek to make purchases with federal funds. In accordance with 2 C.F.R. Part 200 of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (sometimes referred to as “XXXXX”),Vendor's response to the following questions labeled "2 CFR Part 200 or Federal Provision" will indicate Vendor's willingness and ability to comply with certain requirements which may be applicable to TIPS purchases paid for with federal funds, if accepted by Vendor. Your responses to the following questions labeled "2 CFR Part 200 or Federal Provision" will dictate whether TIPS can list this awarded contract as viable to be considered for a federal fund purchase. Failure to certify all requirements labeled "2 CFR Part 200 or Federal Provision" will mean that your contract is listed as not viable for the receipt of federal funds. However, it will not prevent award. If you do enter into a TIPS Sale when you are accepting federal funds, the contract between you and the TIPS Member will likely require these same certifications.

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