Transfer Payments Sample Clauses

Transfer Payments. An amount transferred by or on behalf of Participants between Plan Investment Funds.
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Transfer Payments. 1. Each Contracting Party shall guarantee to investors of the other Contracting Party, after fulfillment of all tax obligations, free transfer abroad of payments related to their investments, and in particular: a) the initial capital and additional capital used to maintain or expand investments; b) income; c) funds in repayment of loans and credits recognized by both Contracting Parties as investments, as well as the accrued interest; d) funds received in connection with the partial or total liquidation or sale of investments; e) compensation, compensation or other forms of settlement provided for in Articles 5 and 6 of this Agreement; About salaries and other remuneration received by individuals of one Contracting Party who are allowed to work in the territory of the other Contracting Party in connection with the investments. 2. The payments referred to in paragraph 1 of this Article shall be freely transferable in any freely convertible currency at the option of the investor at the market exchange rate applicable at the conversion date. Transfers of such payments in freely convertible currency must be resolved without delay. 3. Transactions referred to in paragraph 2 of this Article shall be made in accordance with the law of the Contracting Party in whose territory the investments were made.
Transfer Payments. Notwithstanding that an Inter-Investor Transfer is a Permitted Transfer, Inter-Investor Transfers shall be subject to a TopCo’s obligation to make a Transfer Payment, if applicable, in respect of such a Transfer, and for purposes of this Section 2.2Permitted Transfers” shall not include an Inter-Investor Transfer. In the case of any Transfer other than a Permitted Transfer, as a condition subsequent to the completion of the proposed Transfer, the applicable TopCo shall pay, or cause its applicable Intermediate Entity to pay or, if the Generator Transfers Generator Assets the TopCos shall collectively cause the Generator to pay, the Counterparty on the applicable Payment Date the Transfer Payment. A Transfer Payment payable to the Counterparty pursuant to this Section 2.2 in connection with any Transfer by a TopCo or by an Intermediate Entity of such TopCo of or in respect of a Beneficial Interest in the Generator, or any Transfer by the Generator of or in respect of Generator Assets or having the effect of changing a TopCo’s DIP-G (including, for greater certainty, any transaction contemplated in clauses (i) to (xi) of the definition of “Transfer” that is not a Permitted Transfer shall be calculated as follows: (a) the TopCo shall estimate the G FMV (and, if the Transfer is a sale of some or all of the Generator Assets by the Generator, the GA FMV subject to such Transfer) immediately prior to the Transfer; (b) the TopCo shall determine the PPI immediately prior to the Transfer; (c) the TopCo shall determine the IRR in accordance with Schedule 4 that would be associated with a deemed sale of its Partnership Interest by such TopCo’s Partner for deemed proceeds as determined in accordance with Schedule 4; (d) the TopCo shall calculate the amount that would be its Partner’s Gain in relation to the deemed sale described in Section 2.2(c) as the amount, if any, that would need to be subtracted from the “Implied Transfer Net Proceeds of a Partner” determined in accordance with Schedule 4 in order to reduce the IRR associated with such deemed sale to the then applicable Trigger Rate; (e) the TopCo shall calculate 50% of the product of (A) X (B) or of (A) X (C), as applicable: where, (A) the amount, if any, determined in Section 2.2(d) and (B) where the Transfer is of a Beneficial Interest in an Intermediate Entity (including in its Partner), or of a Partnership Interest, the percentage change in the DIP-G (Original) of such TopCo resulting from such Transfer de...
Transfer Payments. Broker acknowledges that Paragon has entered into special relationships with the carriers on whose behalf it is acting as agent, and on whose behalf it is offering insurance products and/or services to Broker. Broker further acknowledges that by placing insurance business through Paragon under this Agreement, it may be gaining access to, and knowledge of, special proprietary products, pricing and/or programs, which might otherwise be unavailable to Broker. Accordingly, once Broker places insurance business through Paragon under this Agreement, Broker agrees that it will not thereafter transfer such insurance business and place it directly (or indirectly through another agent) with any of the carriers listed on Exhibit A hereto, as same may be amended from time to time. In the event Broker transfers such business in breach of this section, Broker shall pay Paragon the annual commissions Paragon would have earned on such business had it not been transferred, for each of the three policy years following such transfer (“Transfer Payments”), such payments to be made by Broker upon Broker’s receipt of its commissions on the business transferred. The Transfer Payments shall be in addition to any other remedy available to Paragon under this Agreement.
Transfer Payments. It is contemplated that MXXX will serve as the original equipment manufacturer ("OEM") to supply the Product. LD agrees that PMI may negotiate the OEM transfer prices with MXXX. PMI shall purchase Product directly from MXXX at transfer prices specified in MXXX agreements with LD, or as subsequently agreed to by PMI with Mxxx. LD and PMI will cooperate in any commercially reasonable strategy to lower manufacturing costs through constructive negotiations with MXXX and continuous process improvements.
Transfer Payments. A member who joined an HD Force or the BTPF on or after 1 February 2001 but before 1 August 2004 and has had no transfer payment made from the previous scheme to the new scheme in respect of that transfer may apply for such a payment to be made under these arrangements. The application must be made in writing to the new scheme by 31 July 2005.
Transfer Payments. 1. Each Contracting Party shall guarantee to investors of the other Contracting Party, after fulfillment of all tax obligations, a free transfer abroad of payments in connection with the investments, and in particular: a) revenue; b) funds in repayment of loans and credits recognized by both Contracting Parties as investments, as well as the accrued interest; c) funds received in connection with the partial or total liquidation or sale of investments; d) compensation provided for in Articles 4 and 5 of this Agreement; e) wages and other remunerations received by the investor and the individuals of the other Contracting Party who are allowed to work in connection with an investment in the territory of the first Contracting Party. 2. Transfers of payments are made without delay in a freely convertible currency at the rate applicable on the date of transfer and in accordance with the currency legislation of the Contracting Party in whose territory the investments were made.
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Transfer Payments. There are no outstanding transfer payments due to or from either of the Schemes
Transfer Payments. 29.8.1 No assets have been or are proposed to be received and accepted by the Pension Schemes from any other pension scheme, plan or arrangement (the "Transferring Scheme") in circumstances which the benefits provided under the Transferring Scheme were discriminatory or otherwise failed to comply with the requirements of Article 199 of the Treaty of Rome. 29.8.2 No indemnity, covenant, undertaking or other assurance has been given or is proposed to be given by or on behalf of the Pension Schemes, any of the trustees of the Pension Schemes or a Group Company to any person in respect of any matter including, without limitation, compliance with Article 119 of the Treaty of Rome whether in connection with the transfer of assets by the Pension Schemes, or otherwise.
Transfer Payments. The Vendor and the Purchaser will each take steps within its competence to ensure that by such date that is no later than 45 days after the Pension Transfer Date each Pensionable Employee is given the opportunity of consenting in terms approved by 167 the trustees of the Vendor's Schemes (such approvals not to be unreasonably withheld or delayed) to a transfer of assets being made for him from the relevant Vendor's Scheme to the Purchaser's Scheme in accordance with the provisions of this Schedule.
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