Transfer basis definition

Transfer basis means the accumulated contributions present in a member's savings fund on March 1, 2002, less fifty percent of any contributions made pursuant to RCW 41.50.165(2), which is the basis for calculation of the plan 2 to plan 3 additional transfer payment.
View Source
Transfer basis means, as of any date, the sum of (a) the outstanding principal amount of all secured and unsecured indebtedness of the Partnership on the Closing Date, including the Assumed Liabilities (as defined in the Contribution Agreement), plus all unpaid interest accrued or deemed to have accrued thereon through the Measurement Date (or the date of the Special Final Distribution or applicable Realization Event, as applicable), less amounts applied in repayment thereof in accordance with the terms of such debt (as modified by the Second Amendment to Management Agreement in the case of the FSC Indebtedness, as defined in the Contribution Agreement), and (b) the sum of the Excess Expenditures for the calendar years or portion thereof through the Measurement Date (or the date of the Special Final Distribution or applicable Realization Event, as applicable), and the Transaction Costs, plus interest thereon through the Measurement Date (or the date of the Special Final Distribution or applicable Realization Event, as applicable), at the per annum rate equal to the Rate.
View Source
Transfer basis shall have the meaning set forth in the Partnership Agreement (i.e., the sum of (a) the outstanding principal amount of all secured and unsecured indebtedness of the Partnership on the Closing Date, including the Assumed Liabilities, as set forth on Schedule 4.2(f), plus all unpaid interest accrued or deemed to have accrued thereon through the Measurement Date (or the date of the Special Final Distribution or applicable Realization Event, as applicable), less amounts applied in repayment thereof in accordance with the terms of such debt (as modified by the Second Amendment to Management Agreement in the case of the FSC Indebtedness), and (b) the sum of the Excess Expenditures for the calendar years or portion thereof through the Measurement Date (or the date of the Special Final Distribution or applicable Realization Event, as applicable), and the Transaction Costs, plus interest thereon through the Measurement Date (or the date of the Special Final Distribution or applicable Realization Event, as applicable), at the per annum rate equal to the Rate.).
View Source

Examples of Transfer basis in a sentence

  • Our financial arrangements with most insurance companies are on a Risk Transfer basis.

  • Players wishing to continue on a Temporary Transfer basis will be required to complete a new Footyweb application for each subsequent season.

  • Assignee is responsible for the realization of the exclusive business developments of the project(s) via BOOT (Build, Own, Operate & Transfer) basis, in Moroni, Autonomous Island of Grande Comore, Union of the Comoros; as per the expectations of all parties, and stipulated in the provisions of the Concession Agreements, to service the minimum amount of 700 TPD of MSW.

  • Players wishing to continue on a Temporary Transfer basis will be required to complete a new AFL Footyweb application for each subsequent season.

  • The Authority intends to undertake development of the Commercial Cum Strategic Petroleum Reserve (as defined hereinafter), single point mooring and onshore and offshore pipeline connectivity to the Commercial Cum Strategic Petroleum Reserve on Design, Build, Finance, Operate and Transfer basis (“DBFOT”) at Padur-II, district Udupi, Karnataka (“Project”) on a public private partnership mode.

  • No Party B Credit Support Purchase Contract may require that Party A take title to Crude, whether on an Instantaneous Title Transfer basis or otherwise.

  • The GoS and SUL had entered into the Implementation Agreement dated 18.07.2005 for development of the 1200 MW Teesta Stage III Hydro Power Project on a Build, Own Operate and Transfer basis under joint sector with GoS (the “Project”).

  • The first joint venture has been established by POWERGRID and Tata Power Company Ltd for 1,200 km of transmission lines associated with the Tala Hydro Electric Power in Bhutan on Build-Own-Operate Transfer basis.

  • The Concessionaire has further represented to the effect that it has been promoted by the Selected Bidder/ Consortium for the purposes hereof.} The Authority has {agreed to the said request of the Selected Bbidder/ Consortium and the Concessionaire, and has} accordingly agreed to enter into this Concession Agreement with the Concessionaire for implementation of the Project on Design, Build, Finance, Operate & Transfer basis, subject to and on the terms and conditions set forth hereinafter.

  • In many cases, insurers have appointed us on a 'Risk Transfer' basis to act as their agent in collecting premiums and handling refunds due to clients.

Related to Transfer basis

  • transfer value means the value of a transferred vote calculated in accordance with rules STV47.4 or STV47.7.

  • Post-Event Transferee shall have the meaning set forth in Section 7(e) hereof.

  • Pre-Event Transferee shall have the meaning set forth in Section 7(e) hereof.

  • Proposed Transfer means any assignment, sale, offer to sell, pledge, mortgage, hypothecation, encumbrance, disposition of or any other like transfer or encumbering of any Transfer Stock (or any interest therein) proposed by any of the Investors.

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.