Section 115 definition

Section 115 means section 115 of the Internal Revenue Code of 1986, as amended.
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Section 115. Event of Sale or Cessation of HECO's Operations..................... 37 ARTICLE 12: Effect of Suspension or Reduction....................................... 37 Section 12.1: Notice of Suspension or Reduction................................... 37 Section 12.2: Chevron's and HECO's Rights during Suspension or Reduction 38 Section 12.3:
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Examples of Section 115 in a sentence

  • The Trust Collateral Agent shall provide notification of any such change to all parties entitled to receive such statements in the manner described in Section 12.3 hereof, Section 11.4 of the Indenture or Section 11.5 of the Indenture, as appropriate.

  • Any adjustments which by reason of this Section 11.5 are not required to be made shall be carried forward and taken into account in any subsequent adjustment.

  • Unless admitted as a Substituted Limited Partner, no transferee, whether by a voluntary Transfer, by operation of law or otherwise, shall have any rights hereunder, other than the rights of an Assignee as provided in Section 11.5 hereof.

  • The agreements in this Section 11.5 shall survive repayment of the Loans and all other amounts payable hereunder.

  • The cash proceeds realized from the sale of any Collateral shall be applied to the Obligations in the order set forth in Section 11.5 hereof.

  • All amounts due under this Section 11.5 shall be payable not later than 10 days after written demand therefor.

  • By accepting a Security, each Holder agrees to the provisions of this Section 1.15 and waives and releases all such liability.

  • In the event that a Constructing Entity is permitted to self-insure pursuant to this section, it shall notify the other Construction Parties that it meets the requirements to self-insure and that its self-insurance program meets the minimum insurance requirements in a manner consistent with that specified in Section 11.5.

  • The preceding sentence of this Section 11.5 shall be of no force or effect if the consequence of enforcing the remainder of this Agreement without such illegal or invalid term or provision would be to cause any Member to lose the material benefit of its economic bargain.

  • Subject to Section 11.5., the Borrower shall, at the time of making each payment under this Agreement or any other Loan Document, specify to the Administrative Agent the amounts payable by the Borrower hereunder to which such payment is to be applied.

Related to Section 115

  • 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.

  • Section 504 means Section 504 of the Rehabilitation Act of 1973.

  • Section 1110 means Section 1110 of the Bankruptcy Code.

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

  • Section 16 means Section 16 of the Exchange Act and the rules promulgated thereunder and any successor provision thereto as in effect from time to time.