Examples of Registration Penalty in a sentence
Parents will be given prompt notifications if changes are made.AgreementOnce signed, this is a contract existing between the parish and the parent/child.
From and after the Restriction Termination Date, all of the provisions of this Section 5.3 (including the Registration Penalty provisions) shall again be applicable to the Cut Back Shares; provided, however, that for such purposes the date on which the Registration Request is received shall be deemed to be the Restriction Termination Date.
Much of this diversity has been made possible due to the broad range of excellent transportation resources available (highway, rail, air, water).
Notwithstanding anything to the contrary contained in this Section 5.3(a), in no event shall the Company be liable to Pfizer for more than one Registration Penalty with respect to the same Registrable Securities during any 30-day period, even if more than one event giving rise to a Registration Penalty occurs during such 30-day period.
In the event that a Shelf Registration Statement is filed and declared effective, but subsequently ceases to be effective during the Effectiveness Period for more than 90 days, whether or not consecutive, during any 12-month period, then a Registration Penalty will accrue at a rate per annum equal to one-half of one percent (0.50%) of the principal amount or liquidation amount, as applicable, from such 91st day until such time as the Shelf Registration Statement again becomes effective.
Such Registration Penalty will cease to accrue on the date on which the Exchange Offer is consummated or the Shelf Registration Statement is declared effective by the Commission, as applicable.
A Registration Penalty will be paid semi-annually in arrears, with the first semi-annual payment due on the first interest or distribution payment date, as applicable, following the date on which such Registration Penalty begins to accrue, and will accrue at a rate per annum equal to an additional one-quarter of one percent (0.25%) per Registration Default (not to exceed in the aggregate 0.50%) of the principal amount or liquidation amount, as applicable.
I could understand a couple not being picked up by the compliance people, but 39 out of 142 is very high.Mr Lucy—We will take that on notice, Senator.Senator SHERRY—Can you also take on notice this question: did you analyse the appropriateness of the advice with respect to the individuals for whom no statement of advice was provided?Mr Lucy—I will take it as part of the consideration.Answer:Westpac became aware of the breach on 22 March 2005 as a result of its annual compliance review.
At no time will a Registration Penalty in excess of one-half of one percent (0.50%) be payable pursuant to the provisions of the Registration Rights Agreement.
Following delivery of the Outstanding Registration Penalty Payment to Xmark, no further registration penalty payments or Late Registration Shares shall be due and owing to Xmark pursuant to Section 7 of the Going Forward Agreement.