By the Corporation definition

By the Corporation. We shall obtain and maintain to the extent obtainable the following insurance:
Sample 1
By the Corporation. The Corporation shall pay the balance of premiums on the Policy until the termination of this Agreement under Section 6. The Corporation may increase or decrease the scheduled premium for any year after the first year. Except as set forth below, each annual premium for the Policy following execution of this Agreement will be transferred by the Corporation to the appropriate Metropolitan account within 31 days following the corresponding anniversary date of the Policy; provided that, as soon as administratively practicable (but in no event more than 90 days) after the Employee's termination of service due to early or normal retirement, as defined under any applicable qualified pension plan maintained by the Corporation or its subsidiaries, the Corporation shall transfer an amount equal to the present value of the balance of the premiums on the Policy due under this Agreement (the "Contribution") to a rabbi trust ("Rabbi Trust"). Each annual premium for the Policy following deposit of the Contribution to the Rabbi Trust will be transferred by the trustee of the Rabbi Trust to the appropriate Metropolitan account within 31 days following the corresponding anniversary date of the Policy." 2. Section 5 shall be amended by adding the following new paragraph:
Sample 1
By the Corporation. The Corporation shall pay the balance of premiums on the Policy until the termination of this Agreement under Section 6. The Corporation may increase or decrease the scheduled premium for any year after the first year. The Corporation shall transfer an amount equal to the present value of the balance of the premiums on the Policy due under this Agreement (the "Contribution") to a rabbi trust ("Rabbi Trust") as soon as administratively practicable (but in no event more than 90 days) after the date hereof. Each annual premium for the Policy following deposit of the Contribution to the Rabbi Trust will be transferred by the trustee of the Rabbi Trust to the appropriate Metropolitan account within 31 days following each corresponding anniversary date of the Policy." 2. The following provision shall be added to the end of Section 6 (e): "provided that the failure of the Corporation to make the Contribution under Section 2 of this Agreement shall not cause this Agreement to terminate;"
Sample 1

Examples of By the Corporation in a sentence

  • By the Corporation, immediately, in the event of conduct by the Advisory Committee Member justifying termination, including but limited to, dishonesty or for any breach of any covenant in this Agreement.

  • By the Corporation (NMRC) The Corporation may terminate this Contract in case of the occurrence of any of the events of default as specified in paragraphs i through x except vii and viii of this Clause.

  • By the Corporation whenever it shall determine that for a period of six months or more during any fiscal year of the Corporation any member’s account is one which entails an operating loss to the Corporation.

  • By the Corporation will include all of those payments made by or on account of the Corporation under Officer-ICP and will include all of those made to or for the account of an Executive or a designated creditor or authorized representative or beneficiary of an Executive or deceased Executive.

  • By the Corporation (NMRC)The Corporation may terminate this Contract in case of the occurrence of any of the events of default as specified in paragraphsi through x except vii and viii of this Clause.

  • By the Corporation or Agents Designated By the ------------------------------------------------------------------- Corporation.

  • The Bylaws of the Corporation may be amended By the Corporation Board of Directors pursuant to the following procedure.

  • By the Corporation without cause or by the Executive for Good Reason within twelve (12) months following a Change in Control.

  • Termination of Participation Agreements6.(1) By the Corporation – Each Participation Agreement shall provide that it may be terminated by the Corporation, by prior written notice to that effect delivered to the Insurance Regulatory Authority of the Participating Jurisdiction which is a party thereto, where that Participating Jurisdiction no longer meets the criteria set forth in sub-paragraphs 5(1)(b) and (c).

  • The details submitted in support of this planning application provides us with confidence that it will be possible to suitably manage the risk posed to controlled waters by this development.


More Definitions of By the Corporation

By the Corporation. The Corporation shall pay the balance of premiums on the Policy until the termination of this Agreement under Section 6. The Corporation may increase or decrease the scheduled premium for any year after the first year. Each premium for the Policy following execution of this Agreement will be transferred by the Corporation to the appropriate Metropolitan account within 31 days following the anniversary date of the Policy. The premium payment period and the Program Maturity Age, as defined hereinbelow in Section 6(b), may also be changed by the Corporation to the extent necessary to maintain compliance of the Policy with the applicable sections of the Internal Revenue Code (currently Sections 7702 and 7702A) and the regulations thereunder.
Sample 1

Related to By the Corporation

  • Sale of the Corporation means (i) the sale of all or substantially all of the Corporation's assets to a Person who is not an Affiliate of the Corporation, (ii) the sale or transfer of the outstanding capital stock of the Corporation to one or more Persons who are not Affiliates of the Corporation, or (iii) the merger or consolidation of the Corporation with or into another Person who is not an Affiliate of the Corporation, in each case in clauses (ii) and (iii) above under circumstances in which the holders of a majority in voting power of the outstanding capital stock of the Corporation, immediately prior to such transaction, own less than a majority in voting power of the outstanding capital stock of the Corporation or the surviving or resulting corporation or acquirer, as the case may be, immediately following such transaction. A sale (or multiple related sales) of one or more subsidiaries of the Corporation (whether by way of merger, consolidation, reorganization or sale of all or substantially all assets or securities) which constitutes all or substantially all of the consolidated assets of the Corporation shall be deemed a Sale of the Corporation.

  • the Corporation means any further education corporation to which this Instrument applies;

  • Office of the Corporation means the executive office of the Corporation, anything in Section 131 of the General Corporation Law to the contrary notwithstanding.

  • Alaska Native Corporation (ANC) means any Regional Corporation, Village Corporation, Urban Corporation, or Group Corporation organized under the laws of the State of Alaska in accordance with the Alaska Native Claims Settlement Act, as amended (43 U.S.C. 1601, et seq.) and which is considered a minority and economically disadvantaged concern under the criteria at 43 U.S.C. 1626(e)(1). This definition also includes ANC direct and indirect subsidiary corporations, joint ventures, and partnerships that meet the requirements of 43 U.S.C. 1626(e)(2).

  • Cooperative Corporation The entity that holds title (fee or an acceptable leasehold estate) to the real property and improvements constituting the Cooperative Property and which governs the Cooperative Property, which Cooperative Corporation must qualify as a Cooperative Housing Corporation under Section 216 of the Code.

  • of a corporation means all classes of Capital Stock of such corporation then outstanding and normally entitled to vote in the election of directors.

  • Directors means the directors for the time being of the Company.

  • The Company means save as otherwise defined at Article 6.9 the company intended to be regulated by these Articles and referred to in Article 2;

  • Instrument of Incorporation means the instrument of incorporation of the ICAV;

  • Officers Certificate” means a certificate signed on behalf of the Company by two Officers of the Company, one of whom must be the principal executive officer, the principal financial officer, the treasurer or the principal accounting officer of the Company, that meets the requirements of Section 12.05 hereof.

  • Corporation means a corporation, association, company, joint-stock company or business trust.

  • Board of Directors means the board of directors of the Company.

  • Governing body means the board of county commissioners or a county council if a county; the legislative authority if a municipal corporation; or the board of township trustees if a township; the board of directors if a sanitary district; or the board of trustees if a regional water and sewer district.

  • Board of Director or “Board” means the Board of Directors of Omaxe Limited, as constituted from time to time.

  • close corporation means a close corporation within the meaning of the Close Corporations Act, 1984 (Act No. 69 of 1984);

  • Nonprofit corporation means a nonstock corporation organized under ch. 181 that is a nonprofit corporation, as defined in s. 181.0103 (17).

  • Executive commissioner means the executive

  • Restated Certificate of Incorporation means the Restated Certificate of Incorporation of the Company, as amended.

  • Bylaws means the bylaws of the Corporation, as they may be amended from time to time.

  • Assistant Director means the Asstt. Director of the Authority, as the case may be.

  • The Board of Directors or "Board" means all those persons appointed to perform the duties of directors of the society;

  • Corporations means the corporations identified on Schedule 1 hereto.

  • Member Director means a Director elected or appointed pursuant to section 8(2)(a) of the Act and Section 5.02;

  • Constituent Company means an existing company that is participating in a merger or consolidation with one or more other existing companies;

  • Member Association means any national football association affiliated to FIFA, irrespective of whether its representative team is participating in the Competition.

  • Constituent corporation means any corporation which engages with the Company, its Parent or any Subsidiary in a transaction to which Section 424(a) of the Code applies (or would apply if the option assumed or substituted were an ISO), or any Parent or any Subsidiary of such corporation.