Examples of Alternative Scheme in a sentence
The Participant acknowledges that, notwithstanding that the Participant may transfer to the Reclaim Fund only the Agreed Proportion Amount under the Alternative Scheme, the liability of the Reclaim Fund under section 2(2)(b) of the Act is in respect of the Dormant Account Balances to which the Agreed Proportion Amount relates and the provisions of clause 2 of Part B of this agreement shall apply accordingly (subject to the modifications set out in clause 5.2(a) of this Part C below).
Post-Transfer Specified Account Rate (% p.a.) Percentage Post-Transfer Specified Account Rate to be credited to Transferred Dormant Account Balances (for the purposes of the Alternative Scheme, this relates to forecasts of the entire Dormant Account Balances to be transferred to the Reclaim Fund (in respect of the Agreed Proportion) and to Eligible Charities).
Format Description Purpose Transferred Dormant Account Balances (for the purposes of the Alternative Scheme, this relates to forecasts of the aggregate Amount in £ The total of all transferred Dormant Account Balances (including Accrued Interest and Transferred Accruing Interest and after any other appropriate adjustments) that are Informs the Reclaim Fund management.
For the purposes of the Alternative Scheme, this relates to the entire Dormant Account Balance being transferred to the Reclaim Fund (in respect of the Agreed Proportion) and to Eligible Charities.
Agreed Proportion (for Participants in the Alternative Scheme) Percentage This is relevant only for Participants in the Alternative Scheme and not for Participants in the Main Scheme.
Within 30 days of its becoming a member of FORS or of the Alternative Scheme, the Service Provider shall make a written report to the Authority at xxxx@xxx.xxx.xx detailing its compliance with clauses 12.6, 12.7 and 12.8 of this Contract (the “Safety, Licensing and Training Report”).
This Part applies where an Eligible Participant opts to use the Alternative Scheme in place of the Main Scheme.
BidCo continues to believe that it has a reasonable basis for holding the view, and does hold the view, that it will be able to satisfy its obligations to fund the Scheme Consideration as and when it is due and payable under the terms of Either Alternative Scheme.
These local terms include a frozen Lease Car and Cash Alternative Scheme and a Car Loan Scheme.
Save as set out in the Second and Third Amending Deeds, the terms of the Implementation Agreement, Each Alternative Scheme and the Scheme Booklet remain unchanged.