Examples of Subsequent Effective Date in a sentence
If there is a transfer for the purposes of the Regulations, the contracts of employment of the Transferring-Out Employees shall transfer to the Authority or a Replacement Contractor in accordance with the Regulations with effect from the Subsequent Effective Date.
Unless an Eligible Employee to whom a notice in terms of this clause 15.2.1 is sent, timeously notified the Trustees in writing that s/he did not wish to accept his/her Subsequent Vesting, the Trustees shall be obliged to enter his/her name in the Register and such New Khanyisa Tier 2 Participant shall thereby, with effect from the Subsequent Effective Date, become a Beneficiary, but subject to clause 15.2.4.
The RCM Trustee shall not make any distributions prior to the Subsequent Effective Date without Bankruptcy Court approval.
The RCM Trustee shall as soon as practicable make distributions on or after the Subsequent Effective Date at such times and in such amounts (net of reserves) as are permitted by the Bankruptcy Code (after giving effect to the Bankrutpcy Court’s approval of this Agreement) and as he deems appropriate and has otherwise determined to be consistent with his fiduciary duties.
The parties hereto agree to cooperate with each other and to take such other action as may be appropriate to seek from the U.S. District Court a stay of any such appeal pending the occurrence of the Subsequent Effective Date or the application of §14(d).