Examples of TRA Payment in a sentence
NOTE: Because an approved leave of absence from training may affect participants’ eligibility for TRA weekly benefits, case managers must coordinate and share the temporary leave details with the TRA Payment Unit.
Any reference to a TRA Payment in this Agreement includes a reference to Default Rate Interest accrued with respect to the TRA Payment (if any).
Notwithstanding anything to the contrary in this Agreement, neither the Transfer Agent nor the Holders shall be required to return any previously made TRA Payment or any other payment made hereunder.
The Transfer Agent shall thereafter promptly distribute such TRA Payment to each Holder (including the Depositary) based on such Holder’s Ownership Percentage as of the applicable Record Date.
Any TRA Payment to a Participant will be made by wire transfer of immediately available funds to the bank account designated by the Participant in writing.