Corrected Unit definition

Corrected Unit. Any Property or Mortgage Loan that had been a Specially Managed Unit but with respect to which (a) as of the date of determination, no circumstance identified in clauses (i) through (v) of the definition of the term “Specially Managed Unit” then exists and (b) one or more of the following as are applicable occur:
Corrected Unit. Any Property that had been a Specially Managed Unit but with respect to which (a) as of the date of determination, no circumstance identified in clauses (i) through (v) of the definition of the term “Specially Managed Unit” then exists and (b) one or more of the following as are applicable occur:
Corrected Unit. As defined in the Property Management Agreement.

Examples of Corrected Unit in a sentence

  • The Special Servicing Fee with respect to any Specially Managed Unit shall cease to accrue if (i) the related Property or Mortgage Loan is sold or otherwise released from the lien of the related Mortgage, or (ii) such Specially Managed Unit becomes a Corrected Unit.

  • The Generation Resource is obligated to maintain the published voltage profile within its Corrected Unit Reactive Limit (CURL).

  • The Special Servicing Fee with respect to any Specially Managed Unit shall cease to accrue if (i) the related Property is sold or exchanged for a Qualified Substitute Property or (ii) such Specially Managed Unit becomes a Corrected Unit.

  • Replace paragraph (2) above with the following upon system implementation:] (2) ERCOT shall instruct the interconnecting TSP, or the TSP’s agent, to make Voltage Set Point adjustments, as necessary, within the Generation Resource’s or ESR’s Corrected Unit Reactive Limit (CURL) provided to ERCOT.

  • The Special Servicing Fee with respect to any Specially Managed Unit shall cease to accrue if (i) the related Property is sold or otherwise released from the lien of the related Mortgage, or (ii) such Specially Managed Unit becomes a Corrected Unit.

  • The Special Servicing Fee with respect to any Specially Managed Unit shall cease to accrue if (i) the related Property or Loan is sold or otherwise released from the lien of the related Mortgage, or (ii) such Specially Managed Unit becomes a Corrected Unit.

  • Plan:OBJ Description:Knowledge of the operational implications of the following concepts as they apply to the Station Blackout: - Natural circulation coolingQuestion:Given the following: * The Plant has tripped due to a Station Blackout 15 minutes ago.* SPTAs are complete and the Station Blackout EOP 2202.008 has been entered.* RCS hot leg temperature 561°F and lowering.* RCS cold leg temperature 515°F and constant.* RCS Average CET temperature 572°F and lowering.* PZR pressure 1600 psia and steady.

  • Each Generation Resource shall respond to ERCOT instructed voltage control, including exceeding its Corrected Unit Reactive Limit (CURL) or Unit Reactive Limit (URL).

  • Conditions are now listed as Condition Number 10.1 thru 10.4. Condition 5.D.1 – Corrected Unit ID numbers.

Related to Corrected Unit

  • Affected unit means a department, shift, or other organizational unit of 2 or more employees that is designated by an employer to participate in a shared-work plan.

  • Restricted Unit means a Unit granted under the Plan that is subject to a Restricted Period.

  • Designated Unit means information technology devices (e.g. hard disks or central processing units) identified by Licensee pursuant to this Agreement that have been officially made known to the public as appropriate for Use or interoperation with the Software.

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

  • Phantom Unit means a notional Unit granted under the Plan which upon vesting entitles the Participant to receive, at the time of settlement, a Unit or an amount of cash equal to the Fair Market Value of a Unit, as determined by the Committee in its sole discretion.

  • Erroneous Payment Return Deficiency has the meaning assigned thereto in Section 10.12(d).

  • Final Award means, in the context of this Request for Proposals and all its attendant documents, that point at which the final required signature on the contract(s) resulting from the procurement has been affixed to the contract(s) thus making it fully executed.

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • Share Unit means either an RSU or a PSU, as the context requires.

  • Stock Unit means a bookkeeping entry representing the equivalent of one Share, as awarded under the Plan.

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Performance Unit means an Award which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine and which may be settled for cash, Shares or other securities or a combination of the foregoing pursuant to Section 10.

  • Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;

  • Cash-Based Award means an Award entitling the recipient to receive a cash-denominated payment.

  • Phantom Stock Unit means the right to receive the value of one (1) share of the Company’s Common Stock, subject to the provisions of Section 8.4 of the Plan.

  • Stock Unit Account means the bookkeeping account established by the Company pursuant to Section 6.4.

  • Phantom Share means a right, pursuant to the Plan, of the Grantee to payment of the Phantom Share Value.

  • Performance Share means an Award denominated in Shares which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine pursuant to Section 10.

  • PSU means Public Sector Undertaking

  • Dividend Equivalent Right means an Award entitling the grantee to receive credits based on cash dividends that would have been paid on the shares of Stock specified in the Dividend Equivalent Right (or other award to which it relates) if such shares had been issued to and held by the grantee.

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Award Statement means a written statement that reflects certain Award terms.

  • Service unit means a standardized measure of consumption, use, generation, or discharge attributable to an individual unit of development calculated in accordance with generally accepted engineering or planning standards for a particular category of capital improvements.

  • Dividend Equivalent Unit means the right to receive a payment, in cash or Shares, equal to the cash dividends or other cash distributions paid with respect to a Share.

  • Age-restricted unit means a housing unit designed to meet the needs of, and exclusively for, the residents of an age-restricted segment of the population such that: 1) all the residents of the development wherein the unit is situated are 62 years of age or older; or 2) at least 80 percent of the units are occupied by one person who is 55 years of age or older; or 3) the development has been designated by the Secretary of the U.S. Department of Housing and Urban Development as “housing for older persons” as defined in Section 807(b)(2) of the Fair Housing Act, 42 U.S.C. § 3607.

  • DSU means the Understanding on Rules and Procedures Governing the Settlement of Disputes contained in Annex 2 of the WTO Agreement;