Examples of BOPC Group in a sentence
Transfer Rules Applicable to the Structured Investment Option a) Amounts allocated to a Segment on a date other than a Segment Start Date are first applied to the Segment Type Holding Account and then are subsequently transferred automatically to the Segment on the next Segment Start Date.
For greater certainty, nothing in this Agreement prevents or limits in any way the Trust or any other member of the BOPC Group from entering into any agreement or arrangement pursuant to which it will receive services (other than Services) from any Affiliate of the Manager.
The BOPC Group agree that it will at all times insure or cause to be insured all Properties against all risks as would a prudent owner and operator of similar Properties and that complies to the maximum extent possible with the requirements of the agreements known to the Manager with mortgagees or other lenders or with Co-Owners of the Managed Properties.
Any amount payable by the Trust, the Limited Partnership or any BOPC Group Member hereunder which is not remitted when so due will remain due (whether on demand or otherwise) and interest will accrue on such overdue amounts (both before and after judgment) at a rate per annum equal to the Interest Rate.
Any amount payable by any member of the BOPC Group hereunder which is not remitted when so due shall remain due (whether on demand or otherwise) and interest will accrue on such overdue amounts (both before and after judgment) at a rate per annum equal to the Interest Rate.
The Manager will, from time to time, prepare statements (each an “Expense Statement”) documenting the Expenses and Governmental Charges to be reimbursed pursuant to this Article 9 and will deliver such statements to the relevant BOPC Group Members.
This work was initiated in April 2006 and is currently in the process of being finalized.
In this Agreement, references to “generally accepted accounting principles” mean, the generally accepted accounting principles set out in the Handbook of the Canadian Institute of Chartered Accountants, and, at the option of the applicable member of the BOPC Group, shall include IFRS.
The Manager shall at all times be subject to the overriding supervision and direction of the Trustees and the Governing Bodies of the members of the BOPC Group, as applicable, and will have such authority as delegated to it by the Trustees and the Governing Bodies of the members of the BOPC Group from time to time, including through the regulations, policies, procedures, guidelines, codes and other such arrangements adopted by the Trustees.
Nothing herein will be construed so as to make the Manager a partner or joint venturer with any BOPC Group Member or impose any liability on any of them as such as a result of this Agreement.