Electronic System. See §7.4. Eligible Real Estate. Real Estate which at all times satisfies the following requirements:
Electronic System. See §7.4.
Electronic System. See §7.4. Eligible Real Estate. Real Estate:
Electronic System. The electronic system or medium for processing reciprocity related information, forms and contribution transfers in furtherance of this Agreement.
Electronic System. Description of the electronic system or systems including a flowchart (central or common network system or decentralised system with links between the systems) for:
a) Recording and storing, in electronic form data on each measure financed from the Reserve: the name of the recipient and amount of the financial contribution from the Reserve; the name of the contractor19 and sub-contractor20, where the recipient is a contracting authority in accordance with the Union or national provision on public procurement, and value of the contract; 19 Information only required where public procurement procedures above the EU thresholds are concerned. 20 Information only required at the first level of sub-contracting, only where information is recorded on the respective contractor, and only for sub-contracts above EUR 50 000 total value. the first name, last name and date of birth of beneficial owner21, as defined by Article 3(6) of Directive (EU) 2015/849 of the European Parliament and of the Council22,, of the recipient or contractor referred to in the first and second indent of this point; where appropriate, data on individual participants.
b) Ensuring that accounting records for each measure financed from the Reserve are recorded and stored, and that those records support the data required for drawing up the application for contribution.
c) Maintaining accounting records of expenditure incurred and paid.
d) Indicating whether the electronic systems are functioning effectively and can reliably record the data as at the date set out in point 1.2.
e) Describing the procedures to ensure the electronic systems' security, integrity and confidentiality.
Electronic System. See §7.4. Eligible Real Estate. Real Estate or real estate securing a Borrowing Base Loan which at all times satisfies the following requirements (unless as to any specific requirements as otherwise waived or approved by the Required Lenders):
Electronic System. The Borrower hereby acknowledges that (a) the Administrative Agent and/or the Joint Lead Arrangers may, but shall not be obligated to, make available to the Lenders materials and/or information provided by or on behalf of the Borrower hereunder (collectively, “Borrower Materials”) by posting the Borrower Materials on the Electronic System and (b) certain of the Lenders (each, a “Public Lender”) may have personnel who do not wish to receive material non-public information with respect to the Borrower or its Affiliates, or the respective securities of any of the foregoing, and who may be engaged in investment and other market-related activities with respect to such Persons’ securities. The Borrower hereby agrees that so long as the Borrower is the issuer of any outstanding debt or equity securities that are registered or issued pursuant to a private offering or is actively contemplating issuing any such securities (w) all Borrower Materials that are to be made available to Public Lenders shall be clearly and conspicuously marked “PUBLIC” which, at a minimum, shall mean that the word “PUBLIC” shall appear prominently on the first page thereof; (x) by marking Borrower Materials “PUBLIC,” the Borrower shall be deemed to have authorized the Administrative Agent, the Joint Lead Arrangers and the Lenders to treat such Borrower Materials as not containing any material non-public information with respect to the Borrower or its securities for purposes of United States Federal and state securities laws (provided, however, that to the extent such Borrower Materials constitute Information, they shall be treated as set forth in Section 9.12); (y) all Borrower Materials marked “PUBLIC” are permitted to be made available through a portion of the Electronic System designated “Public Side Information;” and (z) the Administrative Agent and the Joint Lead Arrangers shall be entitled to treat any Borrower Materials that are not marked “PUBLIC” as being suitable only for posting on a portion of the Electronic System not designated “Public Side Information.” Notwithstanding the foregoing, the Borrower shall be under no obligation to xxxx any Borrower Materials “PUBLIC.”
Electronic System. The Borrower and the Administrative Agent agree that the Collateral Custodian shall not be liable hereunder for any actions of the E-Vault Provider, for the solvency of the E-Vault Provider, for any failure of the E-Vault Provider to comply with the rules, terms and conditions governing the Collateral Custodian’s use of the E-Vault Provider’s Electronic System or for any failure of the E-Vault Provider’s Electronic System.
Electronic System. In order to enhance ease of use, help facilitate the timely transfers of Monies and achieve administrative cost savings, the reciprocal arrangement established through this Agreement shall utilize an electronic system or medium to process reciprocity related information. Using personal computers or other appropriate devices, Participating Funds, the Reciprocal Clearinghouse, Assisting Local Unions, and both Permanent and Temporary Employees who are properly registered can access the electronic system to enter and exchange information and data relevant to the operation of the Agreement. The electronic system may be utilized as a method or medium for the actual transfers of Monies between two Participating Funds; it shall also be designed and maintained to help facilitate a decision by two Participating Funds to use an automated clearinghouse to electronically transfer Monies. In order to achieve the uniformity of operation vital to the functionality of the electronic system, each Assisting Local Union and Participating Fund recognizes that a single, system- wide service provider is required. To obtain this necessary uniformity, each Participating Fund signatory to this Agreement hereby agrees to participate in the electronic system contracted for by the International Union of Bricklayers and Allied Craftworkers.
Electronic System. In order to enhance ease of use, help facilitate the timely transfers of Monies and achieve administrative cost savings, the reciprocal arrangement established through this Agreement shall utilize an Electronic System or medium to process reciprocity related information. Using personal computers or other appropriate devices, Participating Funds, the Reciprocal Clearinghouse, Assisting Local Unions, and both Permanent and Temporary Employees, including American Temporary Employees, who are properly registered can access the Electronic System to enter and exchange information and data relevant to the operation of the Agreement. The Electronic System may be utilized as a method or medium for the actual transfers of Monies between two Participating Funds; it shall also be designed and maintained to help facilitate a decision by two Participating Funds to use the Reciprocal Clearinghouse to electronically transfer Monies. In order to achieve the uniformity of operation vital to the functionality of the Electronic System, each Assisting Local Union and Participating Fund recognizes that a single, system wide service provider is required. To obtain this necessary uniformity, each participating Fund signatory to this agreement hereby agrees to participate in the Electronic System contracted for by the BAC.
