Paragraph 8 definition

Paragraph 8. The following is hereby added after the third sentence of Paragraph 8: "Issuer or Agent will forward such notice either in a separate secure transmission for each CUSIP number or in a secure transmission for multiple CUSIP numbers (if applicable) which includes a manifest or list of each CUSIP submitted in that transmission."
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Paragraph 8. The “Limited Noncompete Agreement” at paragraph eight (8) of this Agreement does not apply to North Dakota employees doing business in North Dakota, and does not apply to Oklahoma employees doing business in Oklahoma. With respect to Washington employees doing business in Washington, in consideration of the post-employment restriction, and only if the Company elects to enforce such restriction, the Company will pay Employee sufficient monetary consideration as appropriate under the circumstances and as required by law. With respect to Massachusetts employees doing business in Massachusetts, (i) it shall apply only during the term of Employee’s employment with the Company and the one (1) year period immediately following the termination of Employee’s employment; (ii) it shall not apply at all if Employee was laid off from work or terminated without cause; (iii) Employee shall have a right to consult with counsel before executing this Agreement; and (iv) in consideration of the post-employment restriction, and only if the Company elects to enforce such restriction, the Company will pay Employee sufficient monetary consideration as appropriate under the circumstances.
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Paragraph 8. Notwithstanding the provisions set forth in Paragraph 2 concerning the quality adjustment procedure, the parties can agree on a review of the crude oil market and of the present method, and for this purpose they can resort to a mutual consent on the crude oils to eliminate or add to the present market. In addition, the parties can also hire an external consultant to determine whether they should continue with the present method or should they use a new method. In case parties do not reach an agreement in this connection, the present method will continue to be applied. If it is necessary to apply a new method, it shall be effective as of the deliveries made during the month when the agreement was reached. CLAUSE SIX: INVOICING AND FORM OF PAYMENT: SELLER shall invoice to ECOPETROL in its Bogota Office, within the first 10 days of each month, the crude oil delivered to ECOPETROL during the previous month after deducting the value corresponding to royalties, contributions, and participations. Within 7 days of the aforementioned term, ECOPETROL shall give SELLER the information it may require to make the corresponding invoicing. Payment shall be made on a monthly basis 30 days after receipt of invoice by ECOPETROL, after making the lawful withholdings, if any. SELLER will inform ECOPETROL in writing at the time of submission of the invoices about the percentages to apply on the net deliveries of SELLER in order to determine the value to be paid in pesos and the value to be paid in dollars. The percentages which can be applied on net deliveries are: 25% in pesos and 75% in dollars or 50% in pesos and 50% in dollars or 75% in pesos and 25% in dollars. Invoicing shall be made based on the net volume, free of water and sediment, adjusted at 60(degrees) F. For the portion in Colombian pesos the market's representative exchange rate shall be used according to certification by the Banking Superintendency, estimated as the arithmetic average corresponding to the month when deliveries were made. PARAGRAPH 1: In Case of delay in payment of the dollars portion on invoices not timely rejected by ECOPETROL, ECOPETROL shall pay to SELLER as interest in dollars, the "Libor" interest rate during the days of delay plus 1.0%. In case of delay in payment of the pesos portion, ECOPETROL shall pay the maximum monthly interest rate certified by the Banking Superintendency. Invoices collecting interests in pesos or dollars shall be paid within the ten (10) days following receipt by ...
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Examples of Paragraph 8 in a sentence

  • B5.3 The Bidder shall acknowledge receipt of each addendum in Paragraph 8 of Form A: Bid.Failure to acknowledge receipt of an addendum may render a Bid non-responsive.

  • B5.5 The Bidder shall acknowledge receipt of each addendum in Paragraph 8 of Form A: Bid.Failure to acknowledge receipt of an addendum may render a Bid non-responsive.

  • Any ambiguities in the Plan shall be construed to effect the intent as described in this Paragraph 8.

  • Repo Custodian shall credit to the Seller Account as soon as received, all principal, interest and other sums paid by or on behalf of the issuer in respect of the Securities and collected by Repo Custodian, except as otherwise provided in Paragraph 8 of the Master Agreement.

  • Proper instructions shall mean a tested telex, facsimile, a written request, direction, instruction or certification signed or initialed by or on behalf of the party giving the instructions by one or more authorized persons (as provided in Paragraph 8); provided, however, that no instructions directing the delivery of Securities or the payment of funds to any individual who is an authorized signatory of Custodian or Repo Custodian shall be signed by that individual.

  • Unit operations may commence as set forth in Paragraph 8 of this Order.

  • We hereby irrevocably authorize you to draw on us, in accordance with the terms and conditions hereof, up to the amount available under this Letter of Credit from time to time, subject to reduction as provided in Paragraph 8.

  • In the event this contract is terminated pursuant to Paragraph 8, then the City may take over the work and prosecute the same to completion, by contract or otherwise, and Contractor and its sureties shall be liable to the City for any costs over the amount of this contract thereby occasioned by the City.

  • The permittee must sign and certify all electronic submissions in accordance with the requirements of Part IV, Paragraph 8.

  • The COUNTY’s rights under this Paragraph 8 shall not extend to any computer software used to create such Documents and Materials.


More Definitions of Paragraph 8

Paragraph 8. Put a checkmark () next to the statement that is true for the mother-child relationship. If none of the statements are true, you may not use this form or the Determining Parenting Rights and Responsibilities With an Agreement on All Issues packet of forms. • If you select the birth certificate option, make sure you have a copy. You will file the copy of the birth certificate with the court. (See Step Ten of the Instructions for the forms packet.)
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Related to Paragraph 8

  • Paragraph 3 The use of new instructional materials and classroom presentations that may involve controversial issues should be planned by the individual teacher and discussed with the department chairman and the building principal before they are initiated in the classroom.

  • Paragraph 4 The teacher, not the Board, has the responsibility to initiate a change or the termination of the purchase of tax-deferred annuities in accordance with established Board policies.

  • Paragraph 2 A committee of teachers representing all buildings and curriculum areas and working in cooperation with the district leadership team shall be formed prior to the end of the school each year to plan the in-service activities for the next school year.

  • Paragraph 5 Any individual(s) within a specified group who is on or has re- quested an extended leave or sabbatical shall be eligible for selection for layoff under the conditions set forth herein.

  • Paragraph means a portion of this Consent Decree identified by an Arabic numeral.

  • Section 3 means Section 3 of the Housing and Urban Development Act of 1968.

  • Subparagraph means a portion of this Consent Decree identified by a lower case letter or an arabic numeral in parentheses.

  • Section 1 Registered" Section 1 "Registrable Securities" Section 1 "Registration Statement" Section 2.5(a)(i) "Releases" Section 5.13 "SEC" Section 2.5(a)(i) "SEC Documents" Section 5.8 "SEC Filings" Section 1 "Securities Act" Section 1 "Selling Period" Section 1 "Selling Period Obligation" Section 1 "Settlement" Section 1 "Settlement Date" Section 1 "Significant Subsidiaries" Section 5.20 "Subsidiaries Section 5.3 "Suit" Section 5.18(c) "Tax Return" Section 1 "Taxes" Section 1 "Trading Day" Section 1 "Transfer Agent" Section 1 "Underwriter" Preamble "Underwriter's Clearing Broker" Section 1 "Underwriting Price" Section 1 "Underwriter Sales Notice" Section 2.3(b) "Violations" Section 9.1(a) "VWAP" Section 1 "WARN" Section 5.11 PROVISIONAL PATENT APPLICATION HAS BEEN FILED COMMON STOCK UNDERWRITING AGREEMENT COMMON STOCK UNDERWRITING AGREEMENT dated as of November 1, 2000 (the "Agreement"), between Ramius Securities, LLC, a limited liability company organized and existing under the laws of the State of Delaware (the "Underwriter"), and Triangle Pharmaceuticals, Inc., a corporation organized and existing under the laws of the State of Delaware (the "Company").

  • (B) For purposes of subparagraph (A), the term ap- plicable interest rate’ means the interest rate which would be used (as of the date of the distribution) by the Pension Benefit Guaranty Corporation for purposes of determining the present value of a lump sum distribu- tion on plan termination.’’

  • Paragraphs and other subdivisions without reference to a document are to designated Articles, Sections, Subsections, Paragraphs and other subdivisions of this Agreement;

  • Section 2 Nonresident BIDDER" means a BIDDERS whose principal place of business is not in this state, but excludes a contractor whose ultimate parent company or majority owner has its principal place of business in this state.

  • Section 8 means Section 8(c)(2)(A) of the United States Housing Act of 1937, as amended.

  • Term of the Agreement shall have the same meaning as provided for in Article 7 of this Agreement.

  • Subsection means subsection of the section in which the term is used;

  • This means we liquidate purchase payments in the order they were made: the oldest unliquidated purchase payment first, the next oldest unliquidated purchase payment second, etc., until all purchase payments have been liquidated. The surrender charge as to any liquidated purchase payment is determined by multiplying the amount of the purchase payment being liquidated by the applicable percentage shown in the Schedule. The total surrender charge will be the sum of the surrender charges for each purchase payment being liquidated. In a partial withdrawal, the surrender charge is deducted from the Account Value remaining after you are paid the amount requested. The amount requested from a Sub-Account may not exceed the value of that Sub-Account less any applicable surrender charge. In a complete withdrawal (or surrender of this Contract), it is deducted from the amount otherwise payable. CHARGES -------------------------------------------------------------------------------- The types and amounts of charges and when and how they are deducted are described in the Schedule. OWNER, ANNUITANT AND BENEFICIARY -------------------------------------------------------------------------------- The Owner - You are the Owner of this Contract. You have the rights and options described in this Contract, including but not limited to the right to receive the income payments beginning on the Income Date. One or more people may own this Contract. The Annuitant - Unless another Annuitant is shown in the Schedule, you are also the Annuitant. You may name a Contingent Annuitant. You will be the Contingent Annuitant unless you name someone else. If there are joint Owners, we will treat the youngest Owner as the Contingent Annuitant, unless you elect otherwise. If you are not the Annuitant and the Annuitant dies before the Income Date, the Contingent Annuitant becomes the Annuitant. If the Annuitant dies and no Contingent Annuitant has been named, we will allow you sixty days to designate someone other than yourself as Annuitant. The Beneficiary - We pay the death benefit to the primary Beneficiary (unless there are joint Owners in which case proceeds are payable to the surviving Owner). If the primary Beneficiary dies before the Owner, the death benefit is paid to the Contingent Beneficiary, if any. If there is no surviving Beneficiary, we pay the death benefit to the Owner's estate. One or more persons may be named as primary Beneficiary or Contingent Beneficiary. We will assume any death benefit is to be paid in equal shares to the multiple surviving Beneficiaries unless you specify otherwise. You have the right to change Beneficiaries. However, if you designate the primary Beneficiary as irrevocable, you may need the consent of that irrevocable Beneficiary to exercise the rights and options under this Contract. Change of Owner, Beneficiary or Annuitant - During your lifetime and while this Contract is in force you can transfer ownership of this Contract or change the Beneficiary, or change the Annuitant. (However, the Annuitant cannot be changed after the Income Date.) To make any of these changes, you must send us Satisfactory Notice. If accepted, any change in Owner, Beneficiary or Annuitant will take effect on the date you signed the notice. Any of these changes will not affect any payment made or action taken by us before our acceptance. A change of Owner may be a taxable event and may also affect the amount of death benefit payable under this Contract. DEATH BENEFITS -------------------------------------------------------------------------------- Death Benefit Before the Income Date - If any Owner dies before the Income Date, we will pay the Beneficiary the greatest of the following:

  • Article 55 BRRD means Article 55 of Directive 2014/59/EU establishing a framework for the recovery and resolution of credit institutions and investment firms.

  • (2) In this subsection, the term fundraising’ means

  • Basic Lease Provisions means and refer to the following collective terms, the application of which shall be governed by the provisions in the remaining Articles of this Lease.

  • Section 102 means section 102 of the Ordinance and any regulations, rules, orders or procedures promulgated thereunder as now in effect or as hereafter amended.

  • hereinabove, hereinbelow," "hereof," "hereunder" and words of similar import shall be to this Agreement in its entirety and not only to the particular Exhibit, Article, or Section in which such reference appears.

  • Transfer fee covenant means a declaration or covenant purporting to affect real property which requires or purports to require the payment of a transfer fee to the declarant or other person specified in the covenant or declaration, or to their successors or assigns, upon a subsequent transfer of an interest in the real property.

  • Term of Agreement shall have the meaning ascribed thereto in Article 2 of this Agreement;

  • Section 4(2) shall have the meaning set forth in the recitals of this Agreement.

  • Early Termination means the Termination of Employment before Normal Retirement Age for reasons other than death, Disability, Termination for Cause or following a Change of Control.

  • Early Termination Conditions means the types of conditions listed in Schedule A.

  • (3) In this subsection, the term oil fuel’ means any oil used as fuel in connection with the propulsion and auxiliary machinery of the vessel in which such oil is carried.’’.