TAPOS Determination Date definition

TAPOS Determination Date means the date during each calendar month on which the month-end calculation is made to determine the amount due.
TAPOS Determination Date means the date during each calendar month on ------------------------ which the month-end calculation is made to determine the amount due. PRIOR AGREEMENT --------------- Except as otherwise expressly amended by this Amendment, the Agreement is and shall continue to be in full force and effect in accordance with its terms. The Cooperative and MLCC further covenant and agree that each reference in any agreement or other document to the Agreement shall be deemed to refer to the Agreement as amended by this Amendment and as it may be amended from time to time hereafter. This Amendment shall be governed by and construed and be interpreted in accordance with the laws of the Commonwealth of Virginia.

Examples of TAPOS Determination Date in a sentence

  • Upon the delivery to Statesman of the first Receivables Certificate hereunder the Cooperative will purchase Statesman Class A Preferred Stock with such par value as will cause it to have a Minimum Class A Investment in Statesman Class A Preferred Stock and on each TAPOS Determination Date thereafter it will acquire such additional Statesman Class A Preferred Stock if any as may be necessary for it to maintain a Minimum Class A Investment.

  • Statesman covenants and agrees that if on any TAPOS Determination Date the amount of Statesman Class A Preferred Stock held by the Cooperative exceeds the Minimum Class A Investment computed as of such date, it will, subject to the provisions of Section 9.04, upon written demand by the Cooperative redeem for cash at its par value those shares held by the Cooperative which are in excess of the Minimum Class A Investment determined as of such date.

  • Upon the delivery to Statesman of the ----------------- first Receivables Certificate hereunder the Cooperative will purchase Statesman Class A Preferred Stock with such par value as will cause it to have a Minimum Class A Investment in Statesman Class A Preferred Stock and on each TAPOS Determination Date thereafter it will acquire such additional Statesman Class A Preferred Stock if any as may be necessary for it to maintain a Minimum Class A Investment.

  • Statesman covenants ------------------------------------- and agrees that if on any TAPOS Determination Date the amount of Statesman Class A Preferred Stock held by the Cooperative exceeds the Minimum Class A Investment computed as of such date, it will, subject to the provisions of Section 9.04, upon written demand by the Cooperative redeem for cash at its par value those shares held by the Cooperative which are in excess of the Minimum Class A Investment determined as of such date.

  • MLCC covenants and agrees that if on any TAPOS Determination Date the amount of MLCC Class X Preferred Stock held by the Cooperative exceeds the Minimum Class X Investment computed as of such date, it will, subject to the provisions of Section 13.04, upon written demand by the Cooperative redeem for cash at its par value those shares held by the Cooperative which are in excess of the Minimum Class X Investment determined as of such date.

  • Upon the request of MLCC on or after ----------------- the date of this Agreement, the Cooperative will purchase MLCC Class X Preferred Stock with such par value as will cause it to have a Minimum Class X Investment in MLCC Class X Preferred Stock and on each TAPOS Determination Date thereafter it will acquire such additional MLCC Class X Preferred Stock if any as may be necessary for it to maintain a Minimum Class X Investment.

  • Upon the request of MLCC on or after the date of this Agreement, the Cooperative will purchase MLCC Class X Preferred Stock with such par value as will cause it to have a Minimum Class X Investment in MLCC Class X Preferred Stock and on each TAPOS Determination Date thereafter it will acquire such additional MLCC Class X Preferred Stock if any as may be necessary for it to maintain a Minimum Class X Investment.