Examples of Specified Margin in a sentence
Any discounts and rebates provided to End Customers are not covered by the Specified Margin, and shall be borne by Principal.
If the Company chooses not to redeem all of the Unsold Bonds on the Election Date all the Capital Bonds will remain outstanding and will be subject to the New Conditions applicable during that Bond Period commencing on the next Election Date except that, for that Bond Period, all the Capital Bonds (including the Unsold Bonds) will bear interest at the aggregate of the Swap Rate plus the Issue Margin for the prior Bond Period plus the Specified Margin.
SALES INCENTIVE SCHEME Principal shall, in addition to any Specified Margin to which Distributor is entitled under Clause 4.1, pay Distributor an incentive bonus amount (the "Sales Incentive") if the sales of the Products in respect of a Country/Region in the Territory (except for Taiwan) in a Calendar Year exceeds the Baseline, in accordance with the provisions of this Clause 6.
Each Lender hereby represents and warrants that the loan value of the Collateral (other than the Specified Margin Shares) is sufficient for such Lender to lend its Pro Rata Share of the Z Credit.
Notwithstanding anything to the contrary, no Obligor (other than Holdings) or any Subsidiary thereof may own, legally or beneficially, any Specified Margin Shares and, upon the sale or other disposition of any Specified Margin Shares by Holdings, no Obligor (including Holdings) or any Subsidiary thereof may at any time thereafter own, legally or beneficially, any of those Specified Margin Shares which have been so sold or transferred.
For all Specified Margin Shares represented by share certificates, duly executed stock certificates evidencing such shares, together with undated stock powers therefor duly endorsed in blank by Holdings.
The benefits of the security in the Collateral other than the Specified Margin Shares created by the Security Documents and the benefits of the indirect security in Collateral other than the Specified Margin Shares created by this Agreement, shall be allocated FIRST to the benefit and security of the payment of the Z Credit Amounts and SECOND, only after the payment in full of the Z Credit Amounts, to the benefit and security of the payment of the Y Credit Amounts.
Any such Supply Notice shall be accompanied with reasonable documentation supporting Distributor’s calculations of the Specified Margin for the applicable SKU and Manufacturer shall be entitled to conduct an audit in accordance with Section 3.8 hereof following delivery of such Supply Notice in order to verify such Specified Margin, regardless of whether or not Manufacturer has already conducted an audit during the concurrent calendar year.
For all Specified Margin Shares not represented by share certificates, a control letter, duly executed by Holdings, Credit Suisse First Boston Corporation and Agent.