Refund Right definition

Refund Right has the meaning given to that term in Subsection 2.4(a)(ii) hereof;

Refund Right has the meaning ascribed thereto in Section 3.6(a). Seller means L3 Technologies, Inc. Seller Parent means L3Harris Technologies, Inc. Sold Company means L3 Xxxx Aviation, Inc. Standard & Poor’s means Standard & Poor’s Ratings Services. Subscription Agreement means the subscription agreement dated February 27, 2021 entered into between the Corporation and the Investor providing for the private placement by the Corporation of 7,200,000 Subscription Receipts. Subscription Price means $31.25 per Subscription Receipt. Subscription Proceeds Account has the meaning ascribed thereto in Section 2.1(b). Subscription Receipt Agent means Computershare Trust Company of Canada or its successors from time to time under this Agreement.

Refund Right for purposes of this Section means an amount equal to the total premiums paid by Xxxxxxxxxxx Paper Company and the Company on the Split Dollar Policy, less any portion of such premiums treated as taxable income to Executive and reimbursed by the Trustee, and less amounts set forth in the Split-Dollar Agreement.

Examples of Refund Right in a sentence

• Upon the mailing or delivery of the cheque or cheques representing payment in full of the Refund Right (and provided such cheque or cheques have been honoured for payment, if presented for payment within six months of the date thereof), the Refund Right evidenced by the unexercised Subscription Receipts registered in the name of such holder shall be satisfied and such Subscription Receipts shall be void and of no value or effect.

• This Agreement shall cease to be of further effect when all obligations of the parties hereunder with respect to the Issuance Right or the Refund Right, as the case may be, have been satisfied.

• In light of that purpose the Trustee shall not dispose of the Refund Right except (i) to release it to the Executive as directed by the certificate of Executive or (ii) to distribute the Employer's reversionary interest in it as provided in Article 6.

• This Trust shall terminate immediately upon (i) the release of the Refund Right to the Executive in accordance with the Plan or (ii) the termination of the Executive's employment with the Employer under conditions that do not release the Refund Right.

• Witness: /s/ ------------------------- ---------------------- Name: Date: -10- 11 EXHIBIT A Certificate of Direction to Trustee To Release Refund Right to Executive Date ------------------------ To: ---------------------------------- as Trustee of the Filene's Basement Corp.

More Definitions of Refund Right

Refund Right has the meaning ascribed thereto in subparagraph 2(b) hereof; (eee) “Responses” has the meaning ascribed thereto in subparagraph 4(g) hereof;‌‌

Refund Right means, with respect to each Subscription Receipt, the right of a Receiptholder to be reimbursed the Issue Price together with any interest earned thereon at the Refund Time, as provided in Section 3.4, such right arising immediately upon the occurrence of a Termination Event or otherwise in accordance with this Agreement;

Refund Right has the meaning ascribed thereto in subparagraph 2(b) hereof;

Refund Right means, with respect to each Subscription Receipt, the right of a Receiptholder to receive a refund of the Issue Price therefor, together with a pro rata portion of the Earnings (from the Closing to (but excluding) the Termination Date) accrued and actually earned thereon, if any (less any withholding tax required to be withheld in respect thereof), as provided in Section 3.6 hereof;

Refund Right means the property identified as the Refund Right pursuant to the Split Dollar Agreement.

Refund Right means the specific limited right to receive Part One of each Policy upon the lapse, surrender, maturity or other termination of the Policy, as defined in the Split Dollar Agreement.

Refund Right means, with respect to each unexercised Subscription Receipt, the right of a Receiptholder to receive a refund of the Issue Price therefor, together with a pro rata portion of the Earned Interest in the circumstances contemplated in this Agreement;