RETURN OF SURPLUS Sample Clauses

RETURN OF SURPLUS. If the value of the Put Shares delivered to the Investor causes the Company to exceed the Maximum Commitment Amount, then the Investor shall return to the Company the surplus amount of Put Shares associated with such Put and the Purchase Price with respect to such Put shall be reduced by any Clearing Costs related to the return of such Put Shares.
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RETURN OF SURPLUS. If MHHSI has not received the W-9 or any other requested documents from the Plan Sponsor within 90 days after the Plan Year ends, any surplus payment will not be processed until the Plan Sponsor contacts MHHSI. EXHIBIT C BUSINESS ASSOCIATE AGREEMENT This Business Associate Agreement (this “Agreement”) is effective as of , 20 (the “Effective Date”) by and between Memorial Hermann Health Solutions, Inc., on behalf of itself and its affiliates (“Business Associate”) and (“Covered Entity”). Capitalized terms used herein and not otherwise defined shall have the meanings set forth in Section 9(b) of this Agreement.
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RETURN OF SURPLUS. 9.1. The Customer may request that Oilpath Hydraulics accept the return, at the Customer’s cost, of any Products which have been ordered by the Customer in excess of the Customer’s needs (“Surplus Products”).
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RETURN OF SURPLUS. Any surplus amount exceeding the Administrative Cost Payment shall be divided evenly between the parties, with the portion retained by Manager restricted to use at the Property and/or in furtherance of the Master Plan.
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RETURN OF SURPLUS. If MHHSI has not received the W-9 or any other requested documents from the Plan Sponsor within 90 days after the Plan Year ends, any surplus payment will not be processed until the Plan Sponsor contacts MHHSI.
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RETURN OF SURPLUS. If the value of the Advance Shares delivered to the Investor causes the Company to exceed the Maximum Commitment Amount, then the Investor shall return to the Company the surplus amount of Advance Shares associated with such Advance, and the Purchase Price with respect to such Advance shall be reduced by any Clearing Costs related to the return of such Advance Shares.
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RETURN OF SURPLUS. If the value of the Shares delivered to the Investor causes the Company to exceed the Commitment Amount, then the Investor shall return to the Company the surplus amount of Shares associated with such Advance.
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RETURN OF SURPLUS. On, or as soon as practicable following the Effective Date, the surplus of the Resulting Bank shall be reduced in the amount equal to the amount paid-in or contributed by NVBancorp in connection with the organization of New Bank and such amount shall be returned to NVBancorp.
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Related to RETURN OF SURPLUS

  • Return of Collateral The Collateral shall be returned to Borrower at the termination of the Loan upon the return of the Loaned Securities by Borrower to State Street in accordance with the applicable Securities Loan Agreement.

  • Limitation on Shared-Loss Payment The Receiver shall not be required to make any payments pursuant to this Section 2.1 with respect to any Charge-Off of a Shared-Loss Asset that the Receiver or the Corporation determines, based upon the Examination Criteria, should not have been effected by the Assuming Institution; provided, (x) the Receiver must provide notice to the Assuming Institution detailing the grounds for not making such payment, (y) the Receiver must provide the Assuming Institution with a reasonable opportunity to cure any such deficiency and (z) (1) to the extent curable, if cured, the Receiver shall make payment with respect to any properly effected Charge-Off and (2) to the extent not curable, the Receiver shall make a payment as to all Charge-Offs (or portion of Charge-Offs) that were effected which would have been payable as a Charge-Off if the Assuming Institution had properly effected such Charge-Off. In the event that the Receiver does not make any payments with respect to any Charge-Off of a Shared-Loss Asset pursuant to this Section 2.1 or determines that a payment was improperly made, the Assuming Institution and the Receiver shall, upon final resolution, make such accounting adjustments and payments as may be necessary to give retroactive effect to such corrections. Failure to administer any Shared-Loss Asset or Assets, or Shared-Loss Securities, in accordance with Article III shall at the discretion of the Receiver constitute grounds for the loss of shared loss coverage with respect to such Shared-Loss Loan or Loans.

  • Liquidating Distributions Notwithstanding anything to the contrary in this Article VII or in Section 8.3 of the Master Agreement, upon the sale of the Property or the dissolution and liquidation of the Series in accordance with the provisions of this Agreement and of Section 8.3 of the Master Agreement, the proceeds of liquidation of the Series or the sale of the Property will be distributed within ninety (90) days of the date of sale of the Property or the dissolution and liquidation in the following order and priority:

  • Liquidating Dividends If the Company declares or pays a dividend upon the Common Stock payable otherwise than in cash out of earnings or earned surplus (determined in accordance with generally accepted accounting principles, consistently applied) except for a stock dividend payable in shares of Common Stock (a “Liquidating Dividend”), then the Company shall pay to the Registered Holder of this Warrant at the time of payment thereof the Liquidating Dividend which would have been paid to such Registered Holder on the Warrant Stock had this Warrant been fully exercised immediately prior to the date on which a record is taken for such Liquidating Dividend, or, if no record is taken, the date as of which the record holders of Common Stock entitled to such dividends are to be determined.

  • Return of Exchange Fund Any portion of the Exchange Fund which remains undistributed to the former shareholders of the Company for six months after the Effective Time shall be delivered to Parent, upon demand of Parent, and any such former shareholders who have not theretofore complied with this Article I shall thereafter look only to Parent for payment of their claim for Parent Common Stock, any cash in lieu of fractional shares of Parent Common Stock and any dividends or distributions with respect to Parent Common Stock. Neither Parent nor the Surviving Corporation shall be liable to any former holder of Company Common Stock for any such shares of Parent Common Stock, cash and dividends and distributions held in the Exchange Fund which is delivered to a public official pursuant to any applicable abandoned property, escheat or similar law.

  • Return of Funds Contractor will return any overpayments due to unearned funds or funds disallowed pursuant to the terms of the Contract that were disbursed to the Contractor. The Contractor must return any overpayment within forty (40) calendar days after either discovery by the Contractor, its independent auditor, or notification by the Department or Customer of the overpayment.

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