Examples of Abandoned or Unclaimed Property in a sentence
The HOLDER also represents that the payment and delivery of the Payable Property is made in good faith compliance with the Abandoned or Unclaimed Property Law, including but not limited to § 1153 of the Abandoned or Unclaimed Property Law.
The Holder agrees to enter into a Voluntary Self Disclosure Agreement with the State and to either pay the abandoned or unclaimed property due to the State under the Abandoned or Unclaimed Property Law, or enter into a plan for its payment, no later than the two year anniversary of the effective date of this Agreement.
Holder’s review shall be completed in a manner which is consistent with the “Department of State Abandoned or Unclaimed Property Voluntary Disclosure Agreement Program Regulations Relating to Estimation,” the “Secretary of State’s Implementing Guidelines Abandoned or Unclaimed Property Voluntary Disclosure Agreement Program” and the associated deliverables as outlined in these documents.
The Holder shall complete a review of its books and records and file reports for all abandoned property related to all transaction years beginning January 1, 2003 (i.e., property presumed abandoned pursuant to the Abandoned or Unclaimed Property Law) to the present.
Upon payment of the Payable Property, the STATE agrees to indemnify the HOLDER pursuant to the terms of § 1153 of the Abandoned or Unclaimed Property Law.
The HOLDER agrees to file and report, to the STATE, abandoned or unclaimed property annually as required by the Abandoned or Unclaimed Property Law.
The STATE will maintain the confidentiality of information voluntarily disclosed and shall only disclose such information as provided in § 1189 of the Abandoned or Unclaimed Property Law, or as otherwise required by law.
In our commitment to fairness in the administration of Delaware’s Abandoned or Unclaimed Property Law, we adhere to the following general guidelines: • Any Holder who wishes to comply with the Delaware Abandoned or Unclaimed Property Law may file a VDA.
In an effort to accomplish this objective, a Voluntary Disclosure Agreement (VDA) process is available to Holders who are not presently in compliance but want to comply with the Abandoned or Unclaimed Property Law.
Except in circumstances where there is evidence of fraud or willful misrepresentation by the HOLDER or those acting on the HOLDER’s behalf or non-compliance with annual reporting requirements in the Abandoned or Unclaimed Property Law and described in paragraph no.