The Rule Sample Clauses

The clause titled "The Rule" establishes a fundamental guideline or standard that governs the interpretation or application of the agreement. In practice, this clause typically sets out a default procedure, requirement, or principle that parties must follow unless an exception is specifically stated elsewhere in the contract. For example, it might dictate how notices are to be delivered, how deadlines are calculated, or how disputes are to be resolved. The core function of this clause is to provide a clear, consistent baseline that ensures all parties understand the default expectations, thereby reducing ambiguity and potential disputes.
The Rule. All Westminster paid staff and volunteers in a supervisory role should be at least five years older than the oldest child or youth participating in an activity sponsored by the Church.
View SourceView Similar (2)
The Rule. 12b-1 fee will be paid to you within thirty (30) days after the end of the three-month periods ending in January, April, July and October. You shall furnish us with such information as shall reasonably be requested by the Trust's Boards of Trustees ("Trustees") with respect to the Rule 12b-1 fees paid to you pursuant to the Plans. We shall furnish to the Trustees, for their review on a quarterly basis, a written report of the amounts expended under the Plans and the purposes for which such expenditures were made. The Plans and provisions of any agreement relating to such Plans must be approved annually by a vote of the Trustees, including the Trustees who are not interested persons of the Trust and who have no financial interest in the Plans or any related agreement ("Disinterested Trustees"). Each Plan may be terminated at any time by the vote of a majority of the Disinterested Trustees, or by a vote of a majority of the outstanding shares as provided in the Plan, on sixty (60) days' written notice, without payment of any penalty. The Plans may also be terminated by any act that terminates the Underwriting Agreement between the Underwriter and the Trust, and/or the management or administration agreement between Franklin Advisers, Inc. and its affiliates and the Trust. Continuation of the Plans is also conditioned on Disinterested Trustees being ultimately responsible for selecting and nominating any new Disinterested Trustees. Under Rule 12b-1, the Trustees have a duty to request and evaluate, and persons who are party to any agreement related to a Plan have a duty to furnish, such information as may reasonably be necessary to an informed determination of whether the Plan or any agreement should be implemented or continued. Under Rule 12b-1, the Trust is permitted to implement or continue Plans or the provisions of any agreement relating to such Plans from year-to-year only if, based on certain legal considerations, the Trustees are able to conclude that the Plans will benefit each affected Trust Portfolio and class. Absent such yearly determination, the Plans must be terminated as set forth above. In the event of the termination of the Plans for any reason, the provisions of this Schedule F relating to the Plans will also terminate. You agree that your selling agreements with persons or entities through whom you intend to distribute Contracts will provide that compensation paid to such persons or entities may be reduced if a Portfolio's Plan is no longer...
View SourceView Similar (2)
The Rule. This amendment to part 97 of the Federal Aviation Regulations (14 CFR part 97) establishes, amends, suspends, or revokes SIAPs. For safety and timeliness of change considerations, this amendment incorporates only specific changes contained in the content of the following FDC/P NOTAMs for each SIAP. The SIAP information in some previously designated FDC/Temporary (FDC/T) NOTAMs is of such duration as to be permanent. With conversion to FDC/P NOTAMs, the respective FDC/T NOTAMs have been canceled. The FDC/P NOTAMs for the SIAPs Washington, DC 20402. contained in this amendment are based on the criteria contained in the U.S. AGENCY: Federal Aviation Administration (FAA), DOT. ACTION: Final rule. ▇▇▇▇▇▇ ▇. ▇▇▇▇, Flight Procedure Standards Branch (AMCAFS–420), Flight Technologies and Programs Division, Flight Standards Service, Federal Aviation Administration, ▇▇▇▇ ▇▇▇▇▇▇▇▇ Aeronautical Center, 6500 South MacArthur Blvd. Oklahoma City OK. 73169 (Mail Address: P.O. Box 25082 Oklahoma City, OK. 73125) telephone: (405) 954–4164.
View Source
The Rule. In connection with mail or telephone order sales in or affecting commerce, as ‘‘commerce’’ is defined in the Fed- eral Trade Commission Act, it con- stitutes an unfair method of competi- tion, and an unfair or deceptive act or practice for a seller: (1) To solicit any order for the sale of merchandise to be ordered by the buyer through the mails or by tele- phone unless, at the time of the solici- tation, the seller has a reasonable basis to expect that it will be able to ship any ordered merchandise to the buyer: (i) Within that time clearly and con- spicuously stated in any such solicita- tion, or (ii) if no time is clearly and conspicu- ously stated, within thirty (30) days after receipt of a properly completed order from the buyer, Provided, how- ever, where, at the time the ▇▇▇▇▇▇▇- ▇▇▇▇ is ordered the buyer applies to the seller for credit to pay for the mer- chandise in whole or in part, the seller shall have 50 days, rather than 30 days, to perform the actions required in § 435.1(a)(1)(ii) of this part. (2) To provide any buyer with any re- vised shipping date, as provided in paragraph (b) of this section, unless, at the time any such revised shipping date is provided, the seller has a rea- sonable basis for making such rep- resentation regarding a definite revised shipping date. (3) To inform any buyer that it is un- able to make any representation re- ▇▇▇▇▇▇▇ the length of any delay unless (i) the seller has a reasonable basis for so informing the buyer and (ii) the seller informs the buyer of the reason or reasons for the delay. (4) In any action brought by the Fed- eral Trade Commission, alleging a vio- lation of this part, the failure of a re- spondent-seller to have records or other documentary proof establishing its use of systems and procedures which assure the shipment of ▇▇▇▇▇▇▇- ▇▇▇▇ in the ordinary course of business within any applicable time set forth in this part will create a rebuttable pre- sumption that the seller lacked a rea- sonable basis for any expectation of shipment within said applicable time. (1) Where a seller is unable to ship merchandise within the applicable time set forth in paragraph (a)(1) of this section, to fail to offer to the buyer, clearly and conspicuously and without prior demand, an option either to consent to a delay in shipping or to cancel the buyer’s order and receive a prompt refund. Said offer shall be made within a reasonable time after the sell- er first becomes aware of its inability to ship within...
View Source

Related to The Rule

  • THE RULES 4.1 Schedule 1 to this Agreement which sets out the Rules for the operation of Climate Change Agreements has effect. 4.2 The Sector Association agrees to comply with the Rules.

  • ▇▇▇▇▇▇▇ Rule The Issuer is structured not to be a “covered fund” under the regulations adopted to implement Section 619 of the ▇▇▇▇-▇▇▇▇▇ ▇▇▇▇ Street Reform and Consumer Protection Act, commonly known as the “▇▇▇▇▇▇▇ Rule.”

  • Applicable Rules and Regulations The Account and each transaction therein shall be subject to the terms of this Agreement and to (a) all applicable laws and the regulations, rules and orders (collectively "regulations") of all regulatory and self-regulatory organizations having jurisdiction and (b) the constitution, by-laws, rules, regulations, orders, resolutions, interpretations and customs and usages (collectively "rules") of the market and any associated clearing organization (each an "exchange") on or subject to the rules of which such transaction is executed and/or cleared. The reference in the preceding sentence to exchange rules is solely for DWR's protection and DWR's failure to comply therewith shall not constitute a breach of this Agreement or relieve Customer of any obligation or responsibility under this Agreement. DWR shall not be liable to Customer as a result of any action by DWR, its officers, directors, employees or agents to comply with any rule or regulation.

  • Laws, Rules and Regulations Consultant agrees to observe and comply with all laws, ordinances, rules and regulations of the United States of America, the State of Minnesota and the City with respect to their respective agencies which are applicable to its activities under this Agreement.

  • REGULATION GG Each Fund represents and warrants that it does not engage in an “Internet gambling business,” as such term is defined in Section 233.2(r) of Federal Reserve Regulation GG (12 CFR 233) and covenants that it shall not engage in an Internet gambling business. In accordance with Regulation GG, each Fund is hereby notified that “restricted transactions,” as such term is defined in Section 233.2(y) of Regulation GG, are prohibited in any dealings with the Custodian pursuant to this Agreement or otherwise between or among any party hereto.