Acceptance Notification definition

Acceptance Notification means a notification issued by National Grid and served in accordance with Clause 7 and the Transfer and Trading Surrender Tender Rules by which National Grid accepts, whether in whole or in part, a Surrender Offer from the Surrender User and in which it specifies the Forward Capacity;
Acceptance Notification. : means the written notification substantially in the form as attached in Annex A to this Plan whereby the Beneficiary notifies the Company of his/her full or partial acceptance of the LTIP Grant, in accordance with the provisions set out in this Plan;
Acceptance Notification. : means the written notification substantially in the form as attached in Annex A to this Plan whereby the Beneficiary notifies the Company of his/her full or partial acceptance of the LTIP Grant, in accordance with the provisions set out in this Plan; “Affiliate” : means, in relation to any person or legal entity, any undertaking or person which relates to that person or legal entity as set out in Article 1:20 of the Belgian Companies and Associations Code; “Average Share Price” : means the Company’s or a Peer’s share price, on a given date, that is calculated as the average of such share’s closing prices on NYSE for the three months preceding such date and is expressed in USD; “Bad Leaver Event” : means the termination of the Professional Relationship between a Participant (or its Affiliate) and a Group Company due to any of the reasons described in Article 6.6.2 of this Plan; “Beneficiary” : means (an Affiliate of) (i) a member of the Management Board, (ii) a direct report of a member of the Management Board; and (iii) any other employee of a Group Company recommended by the Management Board and approved by the Supervisory Board; “Business Day” : means a day, other than Saturday or Sunday, on which banks are open for business in Belgium and the United States; “Cause” : means fraud or gross negligence / misconduct by (an Affiliate of) a Participant; “Company” : means Euronav NV, a company incorporated under the laws of Belgium, with registered office at De Gerlachekaai 20, 2000 Antwerp, Belgium and registered with the Register of Legal Entities under number 0860.402.767; “Change of Control” : means the occurrence of any of the following events:(i)the consummation of an amalgamation, merger consolidation or similar form of corporate transaction involving the Company and as a result of which at least thirty per cent (30%) of the outstanding shares of the combined entity are held by (a) one new shareholder, or (b) a group of shareholders acting in concert, and which is followed by a change of the majority of the Supervisory Committee within twelve months; ora change of Control;

Examples of Acceptance Notification in a sentence

  • If the Acceptance Notification is not received in due time, the LTIP Grant shall be deemed to have been refused by the Beneficiary and the rights of the concerned Beneficiary with regard to the LTIP Grant are automatically cancelled.

  • Through their acceptance of (part of) the LTIP Grants by means of the Acceptance Notification, the Beneficiaries of LTIP Grants unconditionally accept all the provisions contained in this Plan.

  • Any Beneficiary should accept all or part of the LTIP Grant offered to him by returning a duly completed and executed Acceptance Notification to the Secretary within ninety (90) calendar days after the Offer Date, unless indicated otherwise in the Offer.

  • To this effect, the Beneficiary should mention the exact number of accepted Phantom Stock Units in the Acceptance Notification.

  • To this effect, the Beneficiary should mention the exact number of accepted RSUs in the Acceptance Notification.

  • Upon receipt of a Target Acceptance Notification, [**], Merrimack may, by written notice, request that Dyax secure a CAT Product License for the Nominated Target (which shall thereafter be referred to as a “Selected Target”).

  • Upon receipt of a Target Acceptance Notification, or at any point during the reservation period described in Section 3.4(c), Licensee may, by written notice and by payment of the Product License Fee referred to in Section 4.3, request that Dyax secure a CAT Product license for the Nominated Target.

  • Notice 1 shall be deemed to have been received during the Offer Acceptance Notification Period if it was received during the Offer Acceptance Notification Period by the Offeror’s Agent.

  • Delivery by courier may be made to the specified addresses daily from 10.00 a.m. to 5.00 p.m. Moscow time within the Offer Acceptance Notification Period.

  • Stryker shall be deemed to have accepted a Deliverable timely furnished to it unless (a) the Deliverable fails to operate in accordance with and otherwise conform the applicable Acceptance Criteria, and (b) Stryker provides Conformis a written Failure Notice within the Acceptance Notification Period in accordance with this Section 3.4 (any acceptance or deemed acceptance, described in this Section 3.4, “Acceptance” or “Accept”).


More Definitions of Acceptance Notification

Acceptance Notification means the notice given to SYNAPSECOM that the acceptance tests have been completed successfully.
Acceptance Notification has the meaning given in clause 6;
Acceptance Notification means a notification issued by National Gas Transmission and served in accordance with Clause 7 and the Transfer and Trading Surrender Tender Rules by which National Gas Transmission accepts, whether in whole or in part, a Surrender Offer from the Surrender User and in which it specifies the Forward Capacity;
Acceptance Notification. : means the written notification substantially in the form as attached in Annex A to this Plan whereby the Beneficiary notifies the Company of his/her full or partial acceptance of the LTIP Grant, in accordance with the provisions set out in this Plan; “Affiliated Entity” : means, in relation to any person or legal entity, any undertaking which relates to that person or legal entity as set out in Article 11 of the Belgian Companies Code; “Bad Leaver Event” : ; “Beneficiary” : means (i) a member of the Executive Committee, (ii) a direct report of a member of the Executive Committee; and (iii) any other employee of a Group Company recommended by the Executive Committee and approved by the Board of Directors; “Board of Directors” : ; “Business Day” : ; “Cause” : means dishonesty, fraud, gross misconduct, unauthorized use or disclosure of confidential information or trade secrets, or conduct prohibited by criminal law (except minor violations), in each case determined by the Company’s chief executive officer or, in the case of directors and executive directors, the Remuneration Committee whose determination shall be conclusive and binding; “Company” : ; “Change of Control” : means the occurrence of any of the following events:(i) during any period of twenty four (24) consecutive calendar months, individuals who were directors of the Company on the first day of such period cease for any reason to constitute a majority of the Board; or(ii) the consummation of an amalgamation, merger, consolidation or similar form of corporate transaction involving the Company and as a result of which at least 25% of the outstanding shares of the combined entity are held by the new shareholders or a sale of all or substantially all of the assets of the Company; or(iii) a change of Control takes place; “Control” : ; “Disability” : means the permanent disablement of a Participant which prevents that Participant from attending any business or occupation for which he/she is reasonably suited by training, education or experience and which lasts twelve consecutive months and at the end of such twelve-month period is beyond reasonable hope of improvement; “Executive Committee” : means the executive committee of the Company; “Fair Market Value” : means the volume weighted average price of the Shares on Euronext Brussels over the three (3) last Business Days of the relevant Phantom Stock Vesting Period. “Good Leaver Event” : means the termination of the Professional Relationship between a...
Acceptance Notification means the written notification substantially in the form as attached in Annex A to this Plan whereby the Beneficiary notifies the Company of his/her full or partial acceptance of the Transaction Based Incentive Plan (TBIP) Grant, in accordance with the provisions set out in this Plan;“Affiliated Entity”:means, in relation to any person or legal entity, any undertaking which relates to that person or legal entity as set out in Article 11 of the Belgian Companies Code;“Bad Leaver Event”:;“Beneficiary”:means (i) a member of the Executive Committee, (ii) a direct report of a member of the Executive Committee or (iii) any other employee of a Group Company recommended by the Executive Committee and approved by the Board of Directors;“Board of Directors”:;“Business Day”:means a day, other than Saturday or Sunday, on which banks are open for business both in Belgium and the United States;

Related to Acceptance Notification

  • Acceptance Notice has the meaning set forth in Section 9.2(d)(iii).

  • Notice of Acceptance means the written notification and any accompanying documentation sent to the Consultant by the Principal advising acceptance of its Tender to provide the Services under the Contract.

  • major non-compliance outcome notification means a notification received by a council under section 19N(3) or (4) of the Food Act 1984, or advice given to council by an authorized officer under that Act, of a deficiency that does not pose an immediate serious threat to public health but may do so if no remedial action is taken

  • Notice of Completion means a document issued by the Department or Delegated Agency at the end of project construction when all items and conditions of the approved Sediment and Stormwater Management Plan have been satisfied, post construction verification documents demonstrate that the stormwater management systems have been constructed in accordance with the approved Sediment and Stormwater Management Plan, and final stabilization of disturbed areas on the site has been achieved.

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Invitation to Bid or “Bid” shall mean all documents, including those attached or incorporated by reference, used for soliciting bids.

  • Completion Notice means a notice issued by the Developer in accordance with clause 6.1.

  • Acceptance period, as used in this provision, means the number of calendar days available to the PHA/IHA for awarding a contract from the date specified in this solicitation for receipt of bids.

  • Certificate of Acceptance means written certification, delivered to Contractor and signed by an authorized representative of the State, stating that any Defects in a particular Phase or the Solution discovered after implementation and testing have been corrected as required under this Contract, and that the Phase complies in all material respects with all of the applicable Requirements.

  • Rectification Notice means a notice in writing that identifies a defect in a work and requires rectification of the defect within a specified period of time.

  • Written Notification means an electronic document (including faxes, emails, internal mail on the client terminal etc.) or an announcement on the Company's website.