Remaining Amounts Sample Clauses
The 'Remaining Amounts' clause defines the sums or obligations that are still outstanding or unpaid under an agreement after certain events, such as termination or completion of services. In practice, this clause typically outlines how to calculate what is still owed, specifying which fees, costs, or payments must be settled by the parties. Its core function is to ensure clarity and prevent disputes by explicitly stating what financial responsibilities persist after the main contractual obligations have ended.
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Remaining Amounts. To the extent available, proceeds shall then be distributed to the Members in the following order of priority:
(i) First, one hundred percent (100%) to the Preferred Members, pro rata in accordance with, as to each Preferred Member, the amount of such Preferred Member’s aggregate accrued and unpaid Preferred Return, until all accrued Preferred Return has been distributed;
(ii) Thereafter, one hundred percent (100%) to the Preferred Members, pro rata in accordance with, as to each Preferred Member, the amount of such Preferred Member’s Unreturned Capital Contributions, until all Unreturned Capital Contributions of the Preferred Members have been distributed to the Preferred Members; and
(iii) one hundred percent to the Common Members, pro rata in accordance with their relative Percentage Interests.
Remaining Amounts. 1. Concurrently, to the Senior Certificates in both Certificate Groups, the related Class Interest Distribution to the extent not paid pursuant to clauses A. and B. above on such Distribution Date;
2. Sequentially, to the Class M-1, Class M-2 and Class B Certificates, in that order, the related Class Monthly Interest Amounts for such Distribution Date;
3. To the Senior Certificates, (x) the Senior Principal Distribution Amount for such Distribution Date, excluding any Subordination Increase Amount included therein, allocated pursuant to Section 5.01(b) below and (y) the principal portion of any Insured Payments for such Distribution Date, allocated between Certificate Group F and Certificate Group A in proportion to the respective portions of the Senior Principal Distribution Amount to which each such Certificate Group is otherwise entitled and applied, in the case of Certificate Group F, in the order set forth in Section 5.01(b)(A)(i) below;
4. To the Certificate Insurer, any amount owing to it under the Insurance Agreement;
5. To the Class M-1 Certificates, the Class M-1 Principal Distribution Amount for such Distribution Date, excluding any Subordination Increase Amount included therein;
6. To the Class M-2 Certificates, the Class M-2 Principal Distribution Amount for such Distribution Date, excluding any Subordination Increase Amount included therein;
7. To the Class B Certificates, the Class B Principal Distribution Amount for such Distribution Date, excluding any Subordination Increase Amount included therein;
8. To the Offered Certificates, the Subordination Increase Amount for such Distribution Date, allocated pursuant to Section 5.01(b) below;
9. To the Class M-1 Certificates, any related (a) Class Interest Carryover Shortfall and then (b) Class Principal Carryover Shortfall;
10. To the Class M-2 Certificates, any related (a) Class Interest Carryover Shortfall and then (b) Class Principal Carryover Shortfall;
11. To the Class B Certificates, any related (a) Class Interest Carryover Shortfall and then (b) Class Principal Carryover Shortfall;
12. To the Class BIO Certificates for concurrent deposit in the LIBOR Carryover Fund and the Net Rate Cap Fund, the sum of the LIBOR Carryover Fund Deposit and the Net Rate Cap Fund Deposit;
13. To the Class A-1A Certificates, the lesser of the LIBOR Carryover and the Available LIBOR Carryover Amount, to be treated as paid from and to the extent of funds on deposit in the LIBOR Carryover Fund;
14. Sequentially,...
Remaining Amounts. Thereafter, to the Members in the order of priority set forth in Section 5.01. Any reserves withheld pursuant to Section 12.02(b) shall be distributed as soon as practicable, as determined in the reasonable discretion of the Administrative Member, in the order of priority set forth in Section 12.02(c). The Members believe and intend that the effect of making any and all liquidating distributions in accordance with the provisions of Section 12.02(c) shall result in such liquidating distributions being made to the Members in proportion to the positive balances standing in their respective Capital Accounts. If this is not the result, then the Administrative Member, upon the advice of tax counsel to the Company, is hereby authorized to make such amendments to the provisions of Article IV that are reasonably approved by the Executive Committee as may be necessary to cause such allocations to be in compliance with Code Section 704(b) and the Treasury Regulations promulgated thereunder. 1101801.21/OC 54430-10898/2568195.16 56
Remaining Amounts. In case any amount received from the enforcement of the Collateral remains after the full satisfaction of the Secured Obligations, then the Collateral Agent shall transfer such excess amount to the Issuer in accordance with Section 13.2 of the Issue Terms.
Remaining Amounts. All remaining amounts shall be remitted to Borrower for Borrower's account on each Payment Date.
Remaining Amounts. Thereafter, to the Members in the order of priority set forth in Section 5.01.
Remaining Amounts. 20. If the Escrow Account is in a positive balance (whether by reason of tax refunds, un-cashed cheques or otherwise) after one hundred and eighty (180) days from the date of distribution of the Net Settlement Amount to Claimants, the Claims Administrator shall, if feasible, allocate the remaining funds on a pro rata basis among the Claimants, and shall cause any remaining funds to be distributed cy près to the Osgoode Investor Protection Clinic.
21. Any matter not referred to above shall be determined by analogy by the Claims Administrator in consultation with Class Counsel. Schedule “I” – Notice Plan
(a) Class Counsel or Claims Administrator shall issue a press release containing the content of the Phase I Notice over Canada Newswire;
(b) Class Counsel or Claims Administrator shall post the Phase I Notice in English and French on their website;
(c) Class Counsel or Claims Administrator shall e-mail the Phase I Notice to Class Members for whom they have current e-mail addresses; and
(d) Class Counsel or Claims Administrator shall mail the Phase I Notice to Class Members for whom they have current mailing addresses but no e-mail addresses.
(a) Class Counsel or Claims Administrator shall issue a press release containing the content of the Phase II Notice over Canada Newswire;
(b) Class Counsel or Claims Administrator shall provide the Class Counsel or Claims Administrator to all brokerage firms in its proprietary database;
(c) Class Counsel or Claims Administrator shall post the Phase II Notice in English and French on their website;
(d) Class Counsel or Claims Administrator shall e-mail the Phase II Notice to Class Members for whom they have current e-mail addresses; and
(e) Class Counsel or Claims Administrator shall mail the Phase II Notice to Class Members for whom they have current mailing addresses but no e-mail addresses.
Remaining Amounts. Following the Expiration Date, after resolution and payment of a Continuing Claim, Parent and the Securityholders’ Agent shall execute and deliver joint written instructions to the Escrow Agent instructing the Escrow Agent to release from the Escrow Fund to: (x) Parent, for further distribution via payroll to the holders of Outstanding-In-the-Money Vested Options and/or Vested RSUs who are Continuing Service Providers; or (y) the Payment Agent, for distribution to the other Effective Time Holders, as applicable, an amount in the aggregate equal to the amount remaining in the Escrow Fund with respect to such Continuing Claim (if any) as of the date of such resolution and payment, with each Effective Time Holder to receive a portion thereof equal to the product obtained by multiplying: (i) the amount to be so released; by (ii) such Effective Time Holder’s Pro Rata Share.
Remaining Amounts. Any amounts remaining in the Purchaser's Account after giving effect to Section 2.5(g) on each Settlement Date shall be paid to the Seller by transfer to the Deferred Purchase Account and allocated in accordance with Section 2.6.
Remaining Amounts. Distribution, if any, shall next be made to all Members of the Company, pro rata, in proportion to their respective Membership Interests in the Company.