Distribution and Coverage in Jolivert Clause Samples

Distribution and Coverage in Jolivert. As of June 2012, Gadyen ▇▇▇’▇ ▇▇▇▇▇▇▇▇ program served over 14, 445 families with an estimated 27% program coverage in the program region. The Jolivert program sold 14,389 bottles in 2011 but suffered a drastic reduction of sales in the following year, reporting only 5,375 bottles sold between January 2012 and March 2013(▇▇▇▇▇▇, 2012a, 2013). It is unclear why this happened, but the extremely high sales numbers in 2011 may have reflected sales to NGOs using Gadyen Dlo in emergency distributions of HWT in 2011. The head technician recruits product distributors based on reputation in the community, geography and sales performance. Jolivert distributors occupy a variety of roles in their respective communities from teachers and market vendors to pastors and other community leaders. Many distributors travel to Jolivert to purchase Gadyen Dlo from the production site while others obtain Gadyen Dlo from designated wholesale sites where the program technicians deliver chlorine(▇▇▇▇▇▇, 2012a). There are three basic distribution models in operation in the Jolivert region. In some areas, typically those closer to the chlorine production site in the village of Jolivert, distributors are recruited to sell the Gadyen Dlo product for a profit margin and program technicians conduct household visits, in other areas distributors are encouraged to conduct household visits and sell the product for a profit margin. These distributors receive a small stipend for the number of household visits they conduct per month. Finally there are people who sell the product in their community for a sales margin, and receive a profit margin off of the sales. The resale price is not fixed in Jolivert and varies by distributor and community, but it is suggested that distributors sell the product for a 10 gds ($0.24 USD) profit margin. The price has increased in the past ten years from a wholesale price of 5 gds ($0.12 USD) per bottle in 2002-2009, to 10 gds ($0.24 USD) per bottle in 2009 to its current price of 15 gds ($0.35 USD) per bottle as of January 2012(▇▇▇▇▇▇, 2012a). Most distributors buy the bottle for 15 gds and sell it for 25 gds ($0.59 USD) in their communities. But because families can also buy the bottle for the wholesale price (15 gds) directly from the Missions of Love clinic, some distributors who live closer to the product site may sell the product for less money.
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  • Coverage Selection Prior to Retirement An employee who retires and is eligible to continue insurance coverage as a retiree may change his/her health or dental plan during the sixty (60) calendar day period immediately preceding the date of retirement. The employee may not add dependent coverage during this period. The change takes effect on the first day of the month following the date of retirement.

  • Final Distribution on the Certificates If on any Determination Date, the Master Servicer determines that there are no Outstanding Mortgage Loans and no other funds or assets in the Trust Fund other than the funds in the Certificate Account, the Master Servicer shall direct the Trustee promptly to send a final distribution notice to each Certificateholder. If the Master Servicer elects to terminate the Trust Fund pursuant to clause (a) of Section 9.1, at least 20 days prior to the date notice is to be mailed to the affected Certificateholders, the Master Servicer shall notify the Depositor and the Trustee of the date the Master Servicer intends to terminate the Trust Fund and of the applicable repurchase price of the Mortgage Loans and REO Properties. Notice of any termination of the Trust Fund, specifying the Distribution Date on which Certificateholders may surrender their Certificates for payment of the final distribution and cancellation, shall be given promptly by the Trustee by letter to Certificateholders mailed not earlier than the 10th day and no later than the 15th day of the month next preceding the month of such final distribution. Any such notice shall specify (a) the Distribution Date upon which final distribution on the Certificates will be made upon presentation and surrender of Certificates at the office therein designated, (b) the amount of such final distribution, (c) the location of the office or agency at which such presentation and surrender must be made, and (d) that the Record Date otherwise applicable to such Distribution Date is not applicable, distributions being made only upon presentation and surrender of the Certificates at the office therein specified. The Master Servicer will give such notice to each Rating Agency at the time such notice is given to Certificateholders. In the event such notice is given, the Master Servicer shall cause all funds in the Certificate Account to be remitted to the Trustee for deposit in the applicable subaccounts of the Distribution Account on the Business Day prior to the applicable Distribution Date in an amount equal to the final distribution in respect of the Certificates. Upon such final deposit with respect to the Trust Fund and the receipt by the Trustee of a Request for Release therefor, the Trustee shall promptly release to the Master Servicer the Mortgage Files for the Mortgage Loans. Upon presentation and surrender of the Certificates, the Trustee shall cause to be distributed to the Certificateholders of each Class, in the order set forth in Section 4.2 hereof, on the final Distribution Date, in the case of the Certificateholders, in proportion to their respective Percentage Interests, with respect to Certificateholders of the same Class, an amount equal to (i) as to each Class of Regular Certificates, the Class Certificate Balance thereof plus accrued interest thereon in the case of an interest bearing Certificate, and (ii) as to the Residual Certificates, the amount, if any, which remains on deposit in the Distribution Account (other than the amounts retained to meet claims) after application pursuant to clause (i) above. In the event that any affected Certificateholders shall not surrender Certificates for cancellation within six months after the date specified in the above mentioned written notice, the Trustee shall give a second written notice to the remaining Certificateholders to surrender their Certificates for cancellation and receive the final distribution with respect thereto. If within six months after the second notice all the applicable Certificates shall not have been surrendered for cancellation, the Trustee may take appropriate steps, or may appoint an agent to take appropriate steps, to contact the remaining Certificateholders concerning surrender of their Certificates, and the cost thereof shall be paid out of the funds and other assets which remain a part of the Trust Fund. If within one year after the second notice all Certificates shall not have been surrendered for cancellation, the Holders of each of the Class I-A-R Certificates shall be entitled to all unclaimed funds and other assets of the Trust Fund, held for distribution to such Certificateholders, which remain subject hereto.