Absorption definition
Examples of Absorption in a sentence
Absorption which is contrary to the terms of an agreement is not required.
The different test and the zone of acceptability limits and given below: Sieve analysis IS: 2386-Par-I 1963 As per concrete design Deleterious materials IS: 2386-Par-II 1963 Less than 5% Specific gravity IS:2386 Part-III 1963 2.5 to 3.00 Absorption value IS:2386-Part-III 1963 Less than 5% by weight Aggregate crushing value.
The Notes may be redeemed at the option of the Issuer (subject to the provisions of Condition 6(g) and 6(h)) in whole, but not in part, at any time at their principal amount together with unpaid interest accrued to (but excluding) the date of redemption, on giving not less than 15 nor more than 45 days’ notice in accordance with Condition 12 (which notice shall be irrevocable), if the Issuer determines that a Loss Absorption Disqualification Event has occurred.
In any case where the Issuer shall determine that as a result of the occurrence of a Loss Absorption Disqualification Event it is entitled to exercise the Loss Absorption Disqualification Event Call Option in respect of any series of Senior Debt Securities, the Issuer shall be required to deliver to the Trustee an Officer’s Certificate stating that the relevant requirement or circumstance referred to in this Section 11.09 applies.
If a Loss Absorption Disqualification Event has occurred and is continuing, the Issuer may exercise the Loss Absorption Disqualification Event Call Option, having given not less than 30 nor more than 60 days’ notice to the Trustee, the Paying Agent, the Holders and the Registrar (which notice shall be irrevocable and shall specify the Loss Absorption Disqualification Redemption Date).