Public Interest Stage Sample Clauses

Public Interest Stage. The Prosecutor must consider the public interest in determining whether who can imple- ment the DPA. The public interest in question is usually related to the seriousness of the crime that has been committed, the fault of the Corporation, and the size of the damage caused to the victim (Iqbal, 2020). Determining whether or not DPA is appropriate for companies is borne by the objectivity of the Prosecutor itself so that the basis for consid- eration differs from one case to another. The general interest means to consider the seriousness of the evil act which causes harm to the victim. As in the case of so v. rolls Royce, one of the considerations of public interest in the case is a crime that has made roll ▇▇▇▇▇ (Iqbal, 2020) has caused substantial losses to integrity and market confidence. If these stages are considered fulfilled, the Prosecutor can invite the Corporation to carry out DPA negotiations. The negotiations are carried out to determine what conditions the Corporation must meet within a certain period. These conditions include the following (Iqbal, 2020): 1. pay a fine; 2. the obligation to pay compensation to the victim;
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Public Interest Stage. The Prosecutor must consider the public interest in determining whether who can implement the DPA. The public interest in question is usually related to the seri- ousness of the crime that has been committed, the fault of the Corporation, and the size of the damage caused to the victim. Determining whether or not DPA is appro- priate for companies is borne by the objectivity of the Prosecutor itself so that the basis for consideration differs from one case to another. The general interest means to consider the seriousness of the evil act which causes harm to the victim. As in the case of so v. rolls Royce, one of the considerations of public in- terest in the case is a crime that has made roll Royce has caused substantial losses to integrity and market confidence. If these stages are considered fulfilled, the Prosecutor can invite the Corporation to carry out DPA negotiations. The negotiations are carried out to determine what conditions the Corporation must meet within a certain period. These conditions include the following: 1. pay a fine; 2. the obligation to pay compensation to the victim;
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Related to Public Interest Stage

  • Transfer Exchange and Replacement of Warrant Issuance of Warrant ------------------------------------------------------------------- Shares. ------

  • Purchase of Mortgage Loans; Termination of Trust Fund Upon Purchase or Liquidation of All Mortgage Loans The respective obligations and responsibilities of the Trustee and the Master Servicer created hereby (other than the obligation of the Trustee to make payments to Certificateholders as set forth in Section 7.02, the obligation of the Master Servicer to make a final remittance to the Trustee pursuant to Section 4.01, and the obligations of the Master Servicer to the Trustee pursuant to Sections 9.10 and 9.14) shall terminate on the earliest of (i) the final payment or other liquidation of the last Mortgage Loan remaining in the Trust Fund and the disposition of all REO Property, (ii) the sale of the property held by the Trust Fund in accordance with Section 7.01(b) and (iii) the Latest Possible Maturity Date; provided, however, that in no event shall the Trust Fund created hereby continue beyond the expiration of 21 years from the death of the last survivor of the descendants of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late Ambassador of the United States to the Court of St. James’s, living on the date hereof. Any termination of the Trust Fund shall be carried out in such a manner so that the termination of each REMIC included therein shall qualify as a “qualified liquidation” under the REMIC Provisions.

  • Waiver of Liquidation Distributions; Redemption Rights In connection with the Shares purchased pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account which will be established for the benefit of the Company’s public stockholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases Shares in the IPO or in the aftermarket, any additional Shares so purchased shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any Shares into funds held in the Trust Account upon the successful completion of an initial business combination.

  • Pro rata interest settlement If the Agent has notified the Lenders that it is able to distribute interest payments on a “pro rata basis” to Existing Lenders and New Lenders then (in respect of any transfer pursuant to Clause 23.5 (Procedure for transfer) or any assignment pursuant to Clause 23.6 (Procedure for assignment) the Transfer Date of which, in each case, is after the date of such notification and is not on the last day of an Interest Period): (a) any interest or fees in respect of the relevant participation which are expressed to accrue by reference to the lapse of time shall continue to accrue in favour of the Existing Lender up to but excluding the Transfer Date (“Accrued Amounts”) and shall become due and payable to the Existing Lender (without further interest accruing on them) on the last day of the current Interest Period (or, if the Interest Period is longer than six Months, on the next of the dates which falls at six Monthly intervals after the first day of that Interest Period); and (b) the rights assigned or transferred by the Existing Lender will not include the right to the Accrued Amounts so that, for the avoidance of doubt: (i) when the Accrued Amounts become payable, those Accrued Amounts will be payable for the account of the Existing Lender; and (ii) the amount payable to the New Lender on that date will be the amount which would, but for the application of this Clause 23.9, have been payable to it on that date, but after deduction of the Accrued Amounts.

  • Certificate Distribution Account The Certificate Distribution Account shall be established as a non-interest bearing trust account pursuant to Section 4.1 of the Sale and Servicing Agreement. Funds on deposit in the Certificate Distribution Account shall be held uninvested. The Certificateholders shall possess all beneficial right, title and interest in and to all funds on deposit from time to time in the Certificate Distribution Account and all proceeds thereof. Except as otherwise provided herein, in the Indenture or in the Sale and Servicing Agreement, the Certificate Distribution Account shall be under the sole dominion and control of the Certificate Paying Agent for the benefit of the Certificateholders. If, at any time, the Certificate Distribution Account ceases to be an Eligible Account, the Servicer on behalf of the Issuer, shall, within ten (10) Business Days (or such longer period) after becoming aware of the fact, establish a new Certificate Distribution Account as an Eligible Account and shall direct the Certificate Paying Agent to transfer any cash then on deposit in the Certificate Distribution Account to such new Certificate Distribution Account.