Examples of Program Extension Period in a sentence
The Secretary, in the Secretary’s sole and absolute discretion, may elect to extend the Program beyond the Initial Termination Date for such Program Extension Period or Periods as the Secretary may determine, provided, however, that in no event shall the Program be extended beyond 11:59 p.m., Washington, D.C. time, on September 18, 2009.
A Fund that does not, or is not eligible to, participate in a Program Extension Period may not thereafter participate in any subsequent Program Extension Period.
The Program Extension Participation Payment shall be an amount equal to such Fund’s Fund Designated Asset Base multiplied by the percentage designated by the Treasury for such Program Extension Period in the Extension Announcement or, at the Treasury’s sole and absolute discretion, an amount based on any other formula described in the Extension Announcement.
In the event that a Fund continues to participate in the Program during a Program Extension Period, the Investment Company shall pay to the Treasury a non-refundable payment (a “Program Extension Participation Payment”) with respect to such Program Extension Period, which payment shall be made on the same date as the Investment Company’s delivery of the Program Extension Notice.
The Program Extension Participation Payment (as defined in Section 4(b)) for the Program Extension Period shall have been paid in full on or before the date on which the Program Extension Notice is delivered to the Treasury.
The Program Extension Participation Payment shall be an amount equal to the Fund Designated Asset Base multiplied by the percentage designated by the Treasury for such Program Extension Period in the Extension Announcement or, at the Treasury’s sole and absolute discretion, an amount based on any other formula described in the Extension Announcement.
If you suffer, for example, water ingress from a leaking roof, we will repair the roof, ceiling and walls but notyour damaged furniture and fittings.The Association does not endorse any particular scheme.
In addition, in order to participate in the Program Extension Period, a Fund must follow the procedures summarized below.
In order to participate in the Program Extension Period, an Investment Company (or a Fund in the case of a Single Fund Agreement) must pay the applicable Program Extension Participation Payment (as set forth in Section I of this Extension Announcement) at the time the Program Extension Notice is delivered.
A Fund that is not currently party to a Guarantee Agreement executed by the Treasury (or a Share Class that is not identified on such an Agreement) is not eligible to participate in the Program Extension Period.