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.
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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.).
Sample 1
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.
Sample 1

Examples of Transfer basis in a sentence

  • The Company is engaged in the business of construction, operation and maintenance of Toll road projects on a Build Operate Transfer basis in a single business segment.

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

  • The Guidelines are applicable for procurement of transmission services for transmission of electricity through tariff based competitive bidding for selection of Transmission Service Provider (TSP) for new transmission system on Build, Own, Operate and Transfer basis.

  • Jaypee Agra Vikas Limited (JAVL) was incorporated on 16th November 2009 as a Special Purpose Vehicle for implementing project for development of Inner Ring Road for Agra and other infrastructure facilities, under integrated Urban Rejuvenation Plan on Design, Build, Finance, Operate and Transfer basis.

  • The Authority had resolved to establish Maintenance, Repair & Overhaul Facility (hereinafter referred to as “MRO”) on Design, Build, Operate, Maintain and Transfer basis by leasing the land at [●] Airport on a land parcel admeasuring [●] at [ ] constituting the Site.

  • US$ 10 million to operate on BOOT (Build, Own, Operate, and Transfer) basis, a venture for issue of Passport to Niger nationals.

  • DPCL has been awarded a concession by Government of Odisha to build and oper- ate a port north of the mouth of river Dhamra in Bhadrak district on BOOST (Build, Own, Operate, Share and Transfer) basis for a total period of 34 years including a period of 4 years for construction.

  • Controlled special purpose entities are subsidiary companies incroporated to execute the specific project on Build Operate Transfer / Design Build Finance Operate Transfer basis.

  • To carry out this project a model of Public Private Partnership has been proposed on Finance, Design, Build, Operate and Transfer basis.

  • The property shall be given to the Operator on Management Contract (Operation, Maintain and Transfer) basis as elaborately mentioned in various provisions of the Draft Agreement.

Related to Transfer basis

  • transfer value means the value of a transferred vote calculated in accordance with rules STV47.4 or STV47.7. 42. Arrangements for counting of the votes 42.1 The returning officer is to make arrangements for counting the votes as soon as is practicable after the close of the poll. 42.2 The returning officer may make arrangements for any votes to be counted using vote counting software where:

  • 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 Stockholders.

  • 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.

  • Exempt Transfer means, in relation to shares held by a member:

  • Type III transfer means that term as defined under Section 3(c) of the Executive Organization Act of 1965, 1965 PA 380, MCL 16.103.

  • Type II transfer means that phrase as defined under Section 3 of the Executive Organization Act of 1965, 1965 PA 380, MCL 16.103.

  • Data Transfer means the copying or transmission of electronic information that does not alter the content, context, or structure of a record from 1 medium to another medium.

  • Approved Transferee means (a) a “qualified institutional buyer” (“QIB”) as defined in Rule 144A promulgated under the Securities Act that is a financial institution or commercial bank having capital and surplus of $5,000,000,000 or more, (b) an affiliate of the Funding Lender, or (c) a trust or custodial arrangement established by the Funding Lender or one of its affiliates the beneficial interests in which will be owned only by QIBs.

  • Qualified Transferee means an “accredited investor” as defined in Rule 501 promulgated under the Securities Act.

  • Transferring Member has the meaning set forth in Section 9.4.

  • Transfer Stock means shares of Capital Stock owned by a Key Holder, or issued to a Key Holder after the date hereof (including, without limitation, in connection with any stock split, stock dividend, recapitalization, reorganization, or the like), but does not include any shares of Preferred Stock or of Common Stock that are issued or issuable upon conversion of Preferred Stock.

  • Transferable interest means the right, as originally associated with a person’s capacity as a member, to receive distributions from a limited liability company in accordance with the operating agreement, whether or not the person remains a member or continues to own any part of the right.

  • Membership Unit means a Membership Common Unit, a Company Preferred Unit, a Company Junior Unit or any other fractional share of the Membership Interests that the Managing Member has authorized pursuant to Section 4.1 or Section 4.2 hereof.

  • Proposed Transfer Notice means written notice from a Key Holder setting forth the terms and conditions of a Proposed Key Holder Transfer.

  • Proposed Transferee has the meaning set forth in Section 2.4(a).

  • Transfer-Restricted Security means any Security that constitutes a “restricted security” (as defined in Rule 144); provided, however, that such Security will cease to be a Transfer-Restricted Security upon the earliest to occur of the following events:

  • Transfer Price has the meaning set forth in Section 2.01.

  • Economic Interest means a Person’s right to share in the income, gains, losses, deductions, credits, or similar items of the Company, and to receive Distributions from the Company, but excluding any other rights of a Member, including the right to vote or to participate in management, or, except as may be provided in the Act, any right to information concerning the business and affairs of the Company.

  • Transfer Shares has the meaning ascribed to such term in Section 6.2(a)

  • Subsequent Transferee has the meaning set forth in Section 4.06(b).

  • Member Interest means an equity interest of a Member in the Company and includes any and all benefits to which such Member is entitled as provided in this Agreement, together with all obligations of such Member pursuant to the terms and provisions of this Agreement.

  • transfer day means Monday – Friday, to 7:00 p.m., Central Time. Holidays are not included.

  • Permitted Transfer has the meaning set forth in Section 10.02.

  • Transfer Restricted Securities means Securities that bear or are required to bear the legend relating to restrictions on transfer relating to the Securities Act set forth in Section 2.3(e) hereto.