R Account definition
Examples of R Account in a sentence
Notwithstanding any other term or condition contained herein, PQC shall not be entitled to any indemnification pursuant to Section 7.1(a) with respect to the tax liability set forth on Schedule 7.5(b) provided that PQC is reimbursed for such tax liability -------- ------ over a period of three years (or such longer period as the Internal Revenue Service may agree) out of the Pod R Account as such term is defined in the Services Agreement.
Notwithstanding any other term or condition contained herein, PQC shall not be entitled to any indemnification pursuant to Section 7.1(a) with respect to the tax liability set forth on Schedule 7.5(b) provided that PQC is reimbursed for such tax liability over a period of three years (or such longer period as the Internal Revenue Service may agree) out of the Pod R Account as such term is defined in the Services Agreement.
The Escrow Accounts shall be specified as follows: In case of resident Anchor Investors and underwriters: RNFI Services Limited- Anchor Investor R Account; and In case of non-resident Anchor Investors: RNFI Services Limited- Anchor Investor NR Account.
The Guardian Separate Account R The Variable Investment Options under this contract are funded by The Guardian Separate Account R (Account R).
Prior to the Closing, and if not achieved by the Closing, following the Closing, the parties shall use their best efforts to transfer to BRUK all the rights and obligations of AEG with respect to the R Account under Part VII of the Financial Services and Markets ▇▇▇ ▇▇▇▇ of the UK (the “Part VII Transfer”).
AEG shall not be entitled to any fee, reimbursement or other benefit in relation to the R Account (together, the “R Account Benefits”) after the Part VII Transfer and all R Account Benefits arising after the Part VII Transfer not already held by BRUK shall be transferred to BRUK under the Part VII Transfer.