OTPPB definition
Examples of OTPPB in a sentence
The ERIP payment calculation shall be determined by the Pension payout, as calculated by the OTPPB and in accordance with the following: Greater than or equal to 66% 0% Less than 66% and greater than or equal to 62% 10% Less than 62% and greater than or equal to 58% 20% Less than 58% and greater than or equal to 54% 30% Less than 54% 40% The ERIP payment shall be based on the teacher's annual salary (including allowances) at the time of retirement.
If Purchaser and Sellers' Representative are unable to agree on the Price Adjustment Auditor, then Purchaser and Sellers' Representative shall each have the right to request the American Arbitration Association to appoint the Price Adjustment Auditor, which Price Adjustment Auditor shall not have had a material relationship with Purchaser, Sellers' Representative, Gentek Holdings or any of its Subsidiaries, OTPPB or any of their respective affiliates within the immediately preceding two (2) years.
OTPPB’s right to require a Demand Registration shall be exercised by the delivery of a written notice to the Partnership and the Partners specifying the Registrable Securities to be sold and the intended method of disposition thereof (a “Demand Request”); provided, however, that OTPPB shall not have the right to effect more than one (1) Demand Request during any six (6) month period.
Such agreements, documents and instruments, as applicable, shall be delivered by OTPPB to such proposed transferee upon the consummation of the Tag-Along Sale.
From and after the Closing, as defined in the Unit Purchase Agreement, the address of the registered office of the Company shall be c/o OTPPB, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇.
The ERIP payment calculation shall be determined by the Pension payout, as calculated by the OTPPB and in accordance with the following: (determined by OTPPB) Greater than or equal to 66% 0% Less than 66% and greater than or equal to 62% 10% Less than 62% and greater than or equal to 58% 20% Less than 58% and greater than or equal to 54% 30% Less than 54% 40% The ERIP payment shall be based on the teacher's annual salary (including allowances) at the time of retirement.
The 8.9% Ontario Teachers' Pension Plan Board (OTPPB) pension contribution will no longer be required for members who begin to receive long term disability benefits on or after September 1, 2001.
Subject to the terms and conditions of this Article X, OTPPB shall have the right to at any time require that the Partnership effect either of the conversions contemplated by Section 10.01 and thereafter to cause Newco or New Bid Co (as applicable) to effect a registration under the Securities Act of the Registrable Securities held by OTPPB (each, a “Demand Registration”, and the issuer of Registrable Securities of any Person, the “Registrant”).
In the event that the Registrable Securities to be registered pursuant to a Demand Registration are to be disposed of in an underwritten Public Offering, the underwriters of such Public Offering shall be one or more underwriting firms of nationally recognized standing selected by OTPPB.
Each Management Limited Partner shall have the right to elect to sell all or any part of its Registrable Securities in such Demand Registration subject to the limitations imposed by Section 10.02(f) by delivering written notice of such election (the “Piggyback Request”) to OTPPB not later than ten (10) Business Days after the day on which it received the Demand Notice.