Material Economic Benefit Sample Clauses

Material Economic Benefit. The making of the Loans will constitute a material economic benefit to such Guarantor; and
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Material Economic Benefit. The granting of the Credit Extensions to Borrower will constitute a material economic benefit to Guarantor.
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Material Economic Benefit. The granting of the Loan to Borrower will constitute a material economic benefit to each Indemnitor.
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Material Economic Benefit. The Indemnitor owns, directly or indirectly, various ownership and economic interests in NMLP. The Indemnitor further believes that the providing of the NMLP Loan to NMLP will constitute a substantial and material benefit to the Indemnitor.
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Material Economic Benefit. The Indemnitor owns, directly or indirectly, various ownership and economic interests in the Borrower. The Indemnitor further believes that the providing of the Loan to the Borrower will constitute a substantial and material benefit to the Indemnitor.
Sample 1
Material Economic Benefit. The granting of the Loans to Borrower will constitute a material economic benefit to such Guarantor inasmuch as (a) with respect to the REIT Guarantors, each such REIT Guarantor directly or indirectly owns Equity Interests in the Borrower and (b) with respect to all Guarantors, each Guarantor will materially benefit from the use of the proceeds of the Loans by Borrower.
Sample 1

Related to Material Economic Benefit

  • Substantial Economic Effect It is the intent of the Partners that the allocations of Profit and Loss under this Agreement have substantial economic effect (or be consistent with the Partners’ interests in the Partnership in the case of the allocation of losses attributable to nonrecourse debt) within the meaning of Section 704(b) of the Code as interpreted by the Regulations promulgated pursuant thereto. Article 5 and other relevant provisions of this Agreement shall be interpreted in a manner consistent with such intent.

  • Economic Benefit The Administrator shall annually determine the economic benefit attributable to the Executive based on the life insurance premium factor for the Executive’s age multiplied by the aggregate death benefit payable to the Executive’s beneficiary. The “life insurance premium factor” is the minimum factor applicable under guidance published pursuant to Treasury Reg. section 1.61-22(d)(3)(ii) or any subsequent authority.

  • Employer Profit Sharing Contributions An Employee will be eligible to become a Participant in the Plan for purposes of receiving an allocation of any Employer Profit Sharing Contribution made pursuant to Section 11 of the Adoption Agreement after completing 1 (enter 0, 1, 2 or any fraction less than 2)

  • Defined Benefit Pension Plans The Borrower will not adopt, create, assume or become a party to any defined benefit pension plan, unless disclosed to the Lender pursuant to Section 5.10.

  • Participant Contributions If Participant contributions are permitted, complete (a), (b), and (c). Otherwise complete (d).

  • Economic Equivalence So long as any Exchangeable Shares not owned by Acquiror or its Affiliates are outstanding:

  • Purchaser Bears Economic Risk The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: (i) an effective registration statement under the Securities Act; or (ii) an exemption from registration is available with respect to such sale.

  • Defined Contribution Plan The Employer will establish the following Employer contribution programs in the existing salary deferral plans: » Beginning in 2006 and continuing throughout the term of the Agreement, a performance-based contribution

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