Additional Projects definition

Additional Projects are operational or technology changes required for the Reinsured Contracts to maintain legal and regulatory compliance with Applicable Law and the mandates of Governmental Authorities with jurisdiction. With respect to Additional Projects, Company shall provide to Reinsurer: (i) written documentation of the legal, regulatory or compliance requirement for which the operational or technology change is being made, and (ii) a good faith estimate of the associated costs and expenses for implementation of such operational or technology change. Costs and expenses for Additional Projects shall be billed to and paid by Reinsurer based upon the proportionate share of in-force Reinsured Contracts to the total number of in-force Company structured settlement immediate annuity contracts during the period when the charges are incurred. Costs and expenses for Additional Projects shall be directly billed to and paid by Reinsurer, in accordance with the provisions set forth herein, after such costs and expenses are incurred by Company, its Subsidiaries or Affiliates.

Additional Projects shall have the meaning set forth in Section 3.3(a).

Additional Projects means public capital improvements, including equipment, financed in whole or in part with the proceeds of Additional Bonds.

Examples of Additional Projects in a sentence

• Additional Projects (Identified after Re-Assessment Studies) 1 (C).

• With respect to Additional Projects, Company shall provide to Reinsurer: (i) written documentation of the legal, regulatory or compliance requirement for which the operational or technology change is being made, and (ii) a good faith estimate of the associated costs and expenses for implementation of such operational or technology change.

• Costs and expenses for Additional Projects shall be directly billed to and paid by Reinsurer, in accordance with the provisions set forth herein, after such costs and expenses are incurred by Company, its Subsidiaries or Affiliates.

• In addition, the Authority shall notify the Airline in writing if it intends to undertake Additional Projects in Airline Supported Areas.

• Costs and expenses for Additional Projects or Requested Projects shall be paid by Reinsurer in accordance with the provisions set forth herein.

More Definitions of Additional Projects

Additional Projects means any projects which may be added to the Projects by Supplemental Trust Agreement, which projects constitute authorized uses of the proceeds of Bonds under the Revenue Bond Act and the Resolution.

Additional Projects has the meaning given in Section 3(c)(ii).

Additional Projects means such capital improvements as the City may designate by resolution of the Governing Body of the City.

Additional Projects is defined in Section hereof.

Additional Projects has the meaning ascribed to such term in the Company Operating Agreement.

Additional Projects means the acquisition of the evidence(s) of payment executed and delivered by PSPRS as a result of any Future Funding.

Additional Projects means any Project (other than an Initial Project or an Existing Project), acquired, or to be acquired, as the context may require, by a Venture in accordance with the terms and provisions of this Agreement on or after the date hereof.