Examples of Agreement in a sentence
The Trust has entered into a General Distribution Agreement on behalf of the Fund with Fidelity Distributors Company LLC (the “Distributor”), an affiliate of the Fund’s investment adviser (the “Adviser”), under which the Distributor uses all reasonable efforts, consistent with its other business, to secure purchasers for the Fund’s Shares of beneficial interest (“Shares”).
This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
PMI does not have a liability on its consolidated balance sheet at December 31, 2008, as the fair value of these guarantees is insignificant due to the fact that the prob- ability of future payments under these guarantees is remote.WorldReginfo - 5f778727-9dcc-4b36-85a7-b45982e6b648Under the terms of the Distribution Agreement between Altria and PMI, liabilities concerning tobacco products will be allocated based in substantial part on the manufacturer.
The Tax Sharing Agreement generally governs PMI’s and Altria’s respective rights, responsibilities and obligations for pre- distribution periods and for potential taxes on the Spin-off.
The distribu- tion resulted in a net increase to our stockholders’ equity of$449 million during 2008, reflecting payments to us under the terms of the Employee Matters Agreement with Altria.As discussed in Note 8 to our consolidated financial statements, based upon the number of Altria stock awards outstanding on the Distribution Date, we issued stock options for 28.3 million shares of PMI common stock.