ELEVENTH definition

ELEVENTH. This Plan and Agreement shall become effective as of the date hereof, shall continue in force and effect until May 30th, 2001, and shall continue in force and effect from year to year thereafter, provided that such continuance is specifically approved at least annually by the board of directors of the Company and the Company's directors who are not "interested persons" (as defined in Section 2(a)(19) of the 1940 Act) of the Compa▇▇ ▇▇▇ ▇ave no direct or indirect financial interest in the operation of this Plan and Agreement or in any agreements related to this Plan and Agreement (the "Independent Board Members") cast in person at a meeting called for such purpose, as contemplated by paragraphs (d) and (e) of Rule 12b-1 under the 1940 Act. Any amendment to this Plan and Agreement that requires the approval of the shareholders of Class K Shares pursuant to Rule 12b-1 under the 1940 Act shall become effective as to such Class K Shares upon the approval of such amendment by a "majority of the outstanding voting securities" (as defined in the 1940 Act) of such Clas▇ ▇ ▇▇▇▇es, provided that the Board of Directors of the Company has approved such amendment.
ELEVENTH. This Plan and Agreement shall become effective as of the date hereof, shall continue in force and effect until May 31, 2001, and shall continue in force and effect from year to year thereafter, provided that such continuance is specifically approved at least annually by a majority of the Board of Directors of the Company and a majority of the Company's Independent Directors cast in person at a meeting called for such purpose, as contemplated by paragraphs (d) and (e) of Rule 12b-1 under the 1940 Act. Any amendment to this Plan and Agreement that requires the approval of the shareholders of Class A Shares pursuant to Rule 12b-1 under the 1940 Act shall become effective as to such Class A Shares upon the approval of such amendment by a "majority of the outstanding voting securities" (as defined in the 1940 Act) of such Cl▇▇▇ ▇ ▇▇ares, provided that the Board of Directors of the Company has approved such amendment.
ELEVENTH. The Fund on behalf of the applicable Portfolio and the Distributor shall each comply with all applicable provisions of the 1940 Act, the Securities Act of 1933, as amended, and of all other federal and state laws, rules and regulations governing the issuance and sale of the Shares.

Examples of ELEVENTH in a sentence

  • Any action to enforce any provision of this Agreement shall be filed exclusively in the Eleventh Judicial Circuit Court in and for Miami-Dade County, Florida.

  • This Subsection shall not be construed as a waiver by Lottery or the State of Oregon of any form of defense or immunity, whether it is sovereign immunity, governmental immunity, immunity based on the Eleventh Amendment to the Constitution of the United States, or otherwise, from any claim or from the jurisdiction of any court.

  • Nothing herein shall be construed as consent by either state to suit in the cour5ts of the other state, or waiver of that state’s Docusign Envelope ID: 15997E6F-606C-4F76-B184-11A74E3D56CD sovereign immunity or rights under the Eleventh Article of Amendment to the Constitution of the United States.

  • During First Year 10 Days Second 11 Days Third 12 Days Fourth 13 Days Fifth 14 Days Sixth 15 Days Seventh 16 Days Eight 17 Days Ninth 18 Days Tenth 19 Days Eleventh 20 Days Twelfth 21 Days Thirteenth 22 Days Fourteenth 23 Days Fifteenth 24 Days More Than 15 Years 25 Days Upon any separation of employment, after the first year of service, employees shall be entitled to compensation at his current rate of pay for all accrued and unused vacation leave to his credit at the time of separation.


More Definitions of ELEVENTH

ELEVENTH. To the holders of the Class A-1 Notes, accrued and unpaid interest at the related Note Interest Rate on the amount of any unreimbursed Class A-1 Realized Loss Amounts previously allocated to the Class A-1 Notes;
ELEVENTH. The private property of the stockholders shall not be liable for the payment of corporate debts to any extent whatever.
ELEVENTH of Section 3.02 to “Distribution Date” shall be deemed to refer to such Scheduled Payment Date.
ELEVENTH. The Interested Parties shall not knowingly and willfully, or negligently – 26 (A) Solicit or receive any information with respect to this Agreement or the 27 Underlying Trust that may not be disclosed pursuant to any provision or requirement of Title I of 28 the Act (and the regulations thereunder) or this Agreement, or 30 (B) Fail to file any document required by Title I of the Act (and the 31 regulations thereunder).
ELEVENTH. The Trustee or any other designated fiduciaries shall not knowingly and 24 willfully, or negligently – 26 (A) Disclose any information to any interested party or any representative of an 27 interested party with respect to this Trust that may not be disclosed pursuant to any provision or 28 requirement of Title I of the Act (and the regulations thereunder) or this Trust; 30 (B) Acquire any holding: 1 (1) directly from an interested party or any representative of an interested party 2 without the prior written approval of the Director of the U.S. Office of Government Ethics, or 4 (2) the ownership of which is prohibited by, or not in accordance with, Title I of 5 the Act (and the regulations thereunder), the terms of this Trust, or other applicable statutes and 8 (C) Solicit advice from any interested party or any representative of an interested 9 party with respect to this Trust, which solicitation is prohibited by any provision or requirement 10 of Title I of the Act (and the regulations thereunder) or this Trust; or 12 (D) Fail to file any document required by Title I of the Act (and the regulations 13 thereunder) or this Trust. 15 TWELFTH: The Settlor shall not knowingly and willfully, or negligently – 17 (A) Solicit or receive any information with respect to this Trust that may not be 18 disclosed pursuant to any provision or requirement of Title I of the Act (and the regulations 19 thereunder) or this Trust, or 21 (B) Fail to file any document required by Title I of the Act (and the regulations 22 thereunder). 24 THIRTEENTH [Optional provision]: Subject to such amounts as the Trustee may from 25 time to time reserve for the payment of such income taxes as may be due and payable by the 26 Trust, and for payment of expenses and compensation as provided for in this Trust, during the 27 Trust Term the Trustee shall pay to the Settlor $_ at the beginning of each month. 29 FOURTEENTH: In addition to the rights, duties, and powers conferred upon the Trustee by 30 law, the Trustee shall have the following powers, rights, and discretion with respect to any Trust 31 property held by it: 2 (A) To sell, exchange, or otherwise dispose of the property in such manner and 3 upon such terms as the Trustee in its sole discretion shall deem appropriate;
ELEVENTH. The Corporation renounces, to the fullest extent permitted by law, any interest or expectancy of the Corporation in, or in being offered an opportunity to participate in, any Excluded Opportunity. An “Excluded Opportunity” is any matter, transaction or interest that is presented to, or acquired, created or developed by, or which otherwise comes into the possession of (i) any director of the Corporation who is not an employee of the Corporation or any of its subsidiaries, or (ii) any holder of Series 1 Preferred Stock or any partner, member, director, stockholder, employee or agent of any such holder, other than someone who is an employee of the Corporation or any of its subsidiaries (collectively, “Covered Persons”), unless such matter, transaction or interest is presented to, or acquired, created or developed by, or otherwise comes into the possession of, a Covered Person expressly and solely in such Covered Person’s capacity as a director of the Corporation.
ELEVENTH. Upon the Effective Date: