Intended Treatment Sample Clauses

Intended Treatment. The Members intend that the Company shall be operated in a manner consistent with its treatment as a "partnership" for federal and state income tax purposes. No Member shall take any action inconsistent with the express intent of the parties hereto. It is expressly provided, however, that the Members do not intend that the Company be treated as a "partnership" for purposes of Section 303 of the Bankruptcy Code.
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
Intended Treatment. It is the intent that the reinsurance under, and trust arrangement provided for in, this Agreement satisfy the legal requirements for the Ceding Company to receive in its annual Life Risk-Based Capital Report (“Life RBC Report”) the pre-tax credit further described under Section LR016 (or any successor provision) of the NAIC Annual Statement Instructions to the Life RBC Report with respect to reinsurance that is supported by “equivalent trusteed collateral,” including as a result of the “bona fide withdrawals” mechanic contained therein. Exhibit A Trust Agreement Exhibit A TRUST AGREEMENT by and among SECURITY LIFE OF DENVER INSURANCE COMPANY (referred to as the Grantor), RELIASTAR LIFE INSURANCE COMPANY (referred to as the Beneficiary) and THE BANK OF NEW YORK MELLON (referred to as the Trustee) Effective as of January 1, 2021 43969012.32
Sample 1Sample 2
Intended Treatment. It is the intent that the reinsurance under, and trust arrangement provided for in, this Agreement satisfy the legal requirements for the Ceding Company to receive in its annual Life Risk-Based Capital Report (“Life RBC Report”) the pre-tax credit further described under Section LR016 (or any successor provision) of the NAIC Annual Statement Instructions to the Life RBC Report with respect to reinsurance that is supported by “equivalent trusteed collateral,” including as a result of the “bona fide withdrawals” mechanic contained therein. 1006407134v4 TRUST AGREEMENT by and among SECURITY LIFE OF DENVER INSURANCE COMPANY (referred to as the Grantor), VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY (referred to as the Beneficiary) and THE BANK OF NEW YORK MELLON (referred to as the Trustee) Effective as of January 1, 2021 TABLE OF CONTENTS Page
Sample 1

Related to Intended Treatment

  • Xxx Treatment We have not promised you any particular tax outcome from buying or holding the Note.

  • REIT Treatment The Company will use its best efforts to meet the requirements to qualify as a “real estate investment trust” under the Code for any taxable years that include any portion of the term of this Agreement.

  • Fair Treatment The College and the Union agree that there shall be no discrimination, restriction, or coercion exercised or practised with respect to any employee for reason of membership or activity in the Union.

  • Intended Tax Treatment Notwithstanding anything to the contrary herein or in any other Transaction Document, all parties to this Agreement covenant and agree to treat each Loan under this Agreement as debt (and all Interest as interest) for all federal, state, local and franchise tax purposes and agree not to take any position on any tax return inconsistent with the foregoing.

  • Equitable Treatment ICANN shall not apply standards, policies, procedures or practices arbitrarily, unjustifiably, or inequitably and shall not single out Registry Operator for disparate treatment unless justified by substantial and reasonable cause.

  • Treatment The Asset Representations Reviewer agrees to hold and treat Confidential Information given to it under this Agreement in confidence and under the terms and conditions of this Section 4.08, and will implement and maintain safeguards to further assure the confidentiality of the Confidential Information. The Confidential Information will not, without the prior consent of the Issuer and the Servicer, be disclosed or used by the Asset Representations Reviewer, or its officers, directors, employees, agents, representatives or affiliates, including legal counsel (collectively, the “Information Recipients”) other than for the purposes of performing Reviews of Review Receivables or performing its obligations under this Agreement. The Asset Representations Reviewer agrees that it will not, and will cause its Affiliates to not (i) purchase or sell securities issued by the Seller or its Affiliates or special purpose entities on the basis of Confidential Information or (ii) use the Confidential Information for the preparation of research reports, newsletters or other publications or similar communications.

  • Medical Treatment Undersigned understands that the Released Parties do not have medical personnel available at the location of the activities. Undersigned hereby grants the Released Parties permission to administer first aid or to authorize emergency medical treatment, if necessary. Undersigned understands and agrees that any such action by the Released Parties shall be subject to the terms of this agreement and release, including any liability arising from the negligence of the Released Parties when administering first aid or authorizing others to do so. Undersigned understands and agrees that the Released Parties do not assume responsibility for any injury or damage which might arise out of or in connection with such authorized emergency medical treatment.

  • Sale Treatment The Company has determined that the disposition of the Mortgage Loans pursuant to this Agreement will be afforded sale treatment for accounting and tax purposes;

  • Consistent Treatment Unless and until there has been a Final Determination to the contrary, each Party agrees not to take any position on any Tax Return, in connection with any Tax Contest or otherwise that is inconsistent with (i) the treatment of payments between the Parent Group and the SpinCo Group as set forth in Section 5.4, (ii) the Tax Materials or (iii) the Intended Tax Treatment.

  • Confidential Treatment The parties hereto understand that any information or recommendation supplied by the Sub-Adviser in connection with the performance of its obligations hereunder is to be regarded as confidential and for use only by the Investment Manager, the Company or such persons the Investment Manager may designate in connection with the Fund. The parties also understand that any information supplied to the Sub-Adviser in connection with the performance of its obligations hereunder, particularly, but not limited to, any list of securities which may not be bought or sold for the Fund, is to be regarded as confidential and for use only by the Sub-Adviser in connection with its obligation to provide investment advice and other services to the Fund.

Time is Money Join Law Insider Premium to draft better contracts faster.