Special Transitional Rule Sample Clauses
A Special Transitional Rule clause establishes specific procedures or exceptions that apply during a defined transition period, such as when new regulations or contract terms are being implemented. This clause may outline temporary measures, deadlines, or modified requirements that differ from the standard terms, ensuring parties have time to adjust to the new framework. Its core function is to facilitate a smooth and orderly transition, minimizing disruption and uncertainty as changes take effect.
Special Transitional Rule. It is acknowledged that Rule 17f-7 has an effective date of July 1, 2001 and that the Custodian will require a period of time to fully prepare risk assessment information and to establish a risk monitoring system as provided in Subsection 8.2.3. Accordingly, until July 1, 2001, the Custodian shall use reasonable efforts to implement the measures required by Subsection 8.2.3, and shall in the interim provide to the Fund or its Investment Adviser the depository information customarily provided and shall promptly inform the Fund or its Investment Adviser of any material development affecting the custody risks associated with the maintenance of assets with a particular Securities Depository of which it becomes aware in the course of its general duties under this Agreement or from its duties under Subsection 8.2.3 as such duties have been implemented at any given time.
Special Transitional Rule. It is acknowledged that Rule 17f-7 has an effective date of July 1, 2001 and that the Custodian will require a period of time to fully prepare risk assessment information and to establish a risk monitoring system as provided in Subsection 8.2.
Special Transitional Rule. Any person who was an Employee before March 1, 1997, will have all or a portion of his Active Service figured under the provisions of the Plan in effect before March 1, 1997, if that method of calculating service is more beneficial for the Employee than the method otherwise set out in this Article II.
Special Transitional Rule. It is acknowledged that Rule 17f-7 has an effective 38362-4 4/26/2017 20
Special Transitional Rule. Credit for Service With Piper Impact, Inc., a Tennessee Corporation................................10.08 ARTICLE XI - INVESTMENT ELECTIONS
Special Transitional Rule. 10.11 -iii- ARTICLE XI - INVESTMENT ELECTIONS
Special Transitional Rule. Notwithstanding the foregoing, for Plan Years beginning before the later of January 1, 1992 or the date that is 60 days after the publication of final regulations under Internal Revenue Code Sections 401(k) and 401(m),
Special Transitional Rule. It is acknowledged that Rule 17f-7 has a mandatory compliance date of July 2, 2001 and that the Custodian will require a period of time to fully prepare risk analysis ‘ information and to’ establish a risk monitoring system as provided in Subsection 8.2.3. Accordingly, until July 1, 2001, the Custodian shall use reasonable efforts to implement the measures required by Subsection 8.2.3, and shall in the interim provide to the Trust or its Investment Advisor the depository information customarily provided and shall promptly inform the Trust or its Investment Advisor of any material development affecting the custody risks associated with the maintenance of assets with a particular Securities Depository of which it becomes aware in the course of its general duties under this Agreement or from its duties under Section 8.2.3 as such duties have been implemented at any given time.
8.3. i With respect to securities and funds held by a Subcustodian, either directly or indirectly (including by a Foreign Depository, Securities System or foreign clearing agency), including demand deposit and interest bearing deposits, currencies or other deposits and foreign exchange contracts as referred to herein, the Custodian shall be liable to a Fund if and only to the extent that such Subcustodian is liable to the Custodian and the Custodian recovers under the applicable subcustodian agreement, provided that the Custodian shall have complied with its obligations herein or as set forth in the attached 17f-5 Delegation Schedule to this Agreement.
Special Transitional Rule. Any Eligible Employee who is covered by the Teamsters Collective Bargaining Agreement and who was an Employee prior to July 1, 1999 shall have his Active Service calculated under the provisions of the Plan in effect on June 30, 1999 if that method of calculating his Active Service is more beneficial for him than the method otherwise set out in this Article X.