Subscriber reserves definition

Subscriber reserves means those reserves held by the corporation for the protection of subscribers that are the excess of the corporation's assets over its liabilities as set forth in the annual statement of the corporation as of December 31st of the year next preceding the making of the investment or contained in an audited financial report, as defined in Title 24‑A, section 221‑A, of more current origin prepared on the basis of statutory accounting principles; [PL 2001, c. 72, §2 (AMD).]
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Examples of Subscriber reserves in a sentence

  • If the Vendor fails to promptly cure the defect or replace the Deliverables, the USETPA Subscriber reserves the right to cancel the Purchase Order, contract with a different Vendor, and to invoice the original Vendor for any differential in price over the original Contract price.

  • Subscriber reserves the right, at its sole election, to immediately terminate this Agreement or an Exhibit A without limitation and without liability if Subscriber reasonably determines that Service Provider fails or has failed to meet its obligations under this Section.

  • As between Procurant and Subscriber, Subscriber reserves all rights and retains title and full ownership of Subscriber Data, and all intellectual property rights therein, under all applicable laws of the United States and any other applicable state or foreign laws.

  • The Subscriber reserves the right to change the coordinator as needed by giving written notice to TASB.

  • This subscription is irrevocable except that the Subscriber reserves the right to withdraw this subscription and to terminate its obligations hereunder at any time before the First Closing Date if the Agents terminate their obligations with respect to this Offering under the Agency Agreement.

  • However, the Subscriber reserves the rights as shareholder to make changes in the future to the above, subject to compliance with all applicable rules and regulations.

  • Subscriber reserves the right to decline use of new functionality or modules that require additional fees.

  • As at the Latest Practicable Date, the Subscriber has no intention to waive such condition save that the Subscriber reserves its rights to waive the conditions relating to the Independent Shareholders’ approval as regards the Subscription and the Whitewash Waiver, and the granting of the Whitewash Waiver by the Executive.

  • The Subscriber reserves the right to dispose of the Securities at any time in accordance with federal and state securities laws applicable to such disposition.

  • The Subscriber reserves the right to waive this condition if the Whitewash Waiver is not granted or the condition(s) of the Whitewash Waiver is/are not fulfilled.

Related to Subscriber reserves

  • CDSL means Central Depository Services (India) Ltd.

  • Operating Reserve means generation capacity or load reduction capacity which can be called upon on short notice by either Party to replace scheduled energy supply which is unavailable as a result of an unexpected outage or to augment scheduled energy as a result of unexpected demand or other contingencies.

  • Subscriber Agreement means an agreement that governs the issuance and use of a Certificate that the Applicant must read and accept before receiving a Certificate.

  • SLDC means the State Load Dispatch Center as notified by the State Government.

  • Pre-Funded Warrants means, collectively, the Pre-Funded Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Pre-Funded Warrants shall be exercisable immediately and shall expire when exercised in full, in the form of Exhibit A-2 attached hereto.