Action of the Employer. If Xxxxxxx Xxxxx Bank & Trust Co., FSB (the “Trust Company”) is appointed as Trustee, the Primary Employer authorizes the Trust Company to provide information relating to the trust forming part of the Employer’s plan to any of the affiliates of the Trust Company and their employees, including Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated and its financial advisors. Upon execution of the Adoption Agreement, the Trust Company will establish a Cash Management Account for Retirement Plans (RCMA Account) with its affiliate, Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated. This account will be used to hold the Trust’s securities in the name of MLPF&S, or in the nominee name designated by MLPF&S. By accepting the provisions of this Prototype Plan, the Employer hereby directs the Trust Company to withhold any information, (including but not limited to name of trust, address, and securities position) requested by any company in which securities are held. This shall apply to any and all securities held now, and to any securities held in the account of the Trust in the future.
Action of the Employer. Any act authorized, permitted, or required to be taken by the Employer shall be taken by the Board or its designee. All notices, advice, directions, certifications, approvals, and instructions required or authorized to be given by the Employer under the Plan will be in writing and signed by either (i) a majority of the members of the Board, or by any member or members as may be designated by an instrument in writing, signed by all members, as having authority to execute the documents on its behalf, or (ii) a person who becomes authorized to act for the Employer in accordance with the provisions of Section 7.3. Any action taken by the Employer which is authorized, permitted, or required under the Plan and is in accordance with the Fund Sponsors contractual obligations is final and binding on the Employer, and all persons who have or who claim an interest under the Plan, and all third parties dealing with the Employer subject to the provisions of applicable laws.
Action of the Employer. The actions the Employer has to perform in fulfilling their express duties, under the PSC. Ageing Management Engineering, operations, and/or maintenance actions that manage ageing effects within acceptable limits such that the intended functions will be maintained consistent with the current licensing basis during the period of extended operation. Ageing Management Program (AMP) A program that manages the effects of ageing on structures and components so that the intended functions will be maintained in accordance with the current licensing basis (CLB) for the period of extended operation. Ageing Management Review (AMR) The process whereby systems, structures, and components are evaluated for ageing effects based on their materials of construction, operating environments, and operating experience to determine those which require ageing management during the period of extended operation. For ageing effects requiring management, the process also determines the relevant ageing programmes needed to manage the ageing effects and associated degradation mechanisms. Ageing Mechanism A physical or chemical process that leads to ageing effects. Mechanisms include, but are not limited to fatigue, erosion, corrosion, wear, thermal embrittlement, radiation embrittlement, microbiologically induced effects, Term Description creep, and shrinkage. Commodity Group A group of structures or components with characteristics such as similar design, similar materials of construction, similar ageing management practices and similar environments. Definition phase Phase when the project scope is defined Execution Phase Phase when the project ‘s scope is finalised and implemented Include If “include” is followed by other, specific, words it will not be construed as limiting the meaning of the general words preceding it, save where the word “similar” precedes the word “include”. Including If “Including” is followed by other, specific, words will not be construed as limiting the meaning of the general words preceding it, save where the word “similar” precedes the word “including”. May Denotes permission. Metadata Data about data, that is, data that describes other data, e.g. the title of a document. Metadata is usually used for retrieving a particular source of information. Non-Outage When the power station unit is operational. Others Other Consultants and/or Contractor, NNR, Employer’s Authorised Inspection Agency (AIA), and Employer’s consultants The list is updated, by the E...
Action of the Employer. The actions the Employer has to perform in fulfilling their express duties, under the PSC.
