Current Practice definition
Current Practice means, in respect of any action or inaction, the practices, standards and procedures of the Securitization Entities or the Manager on their behalf as performed since the Closing Date.
Current Practice means, in respect of any action or inaction, the practices, standards and procedures of the Non-Securitization Entities as performed on or that would have been performed immediately prior to the Series 2016-1 Closing Date.
Current Practice means, in respect of any action or inaction, the practices, standards and procedures of the Amalgamated Canadian Non-Securitization Entities and the Canadian Non-Securitization Entities, including the Manager, as performed on or that would have been performed immediately prior to the Series 2020-1 Closing Date.
Examples of Current Practice in a sentence
The Ceding Company shall have full authority to determine liability on any Claim reinsured hereunder and may settle losses as it deems appropriate, but in so doing it shall act with the skill and diligence commonly expected from qualified personnel performing such duties for U.S. life insurance companies and consistent with the Ceding Company’s Then Current Practice.
Evaluations for Pre-Kindergarten Assistants, Paraeducators, Individual Assistants, Academic Coordinators and Behavior/Personal Care Attendants will follow the process articulated in the District wide Paraeducator Supervision and Evaluation: Evaluation and Reflection checklist, to include use of the Focused Assistance/Improving Current Practice document, as amended from time to time.
The Ceding Company shall have full authority to determine liability on any Claim reinsured hereunder and may settle losses as it deems appropriate, but in so doing it shall act with the skill and diligence commonly expected from qualified personnel performing such duties for Canadian life insurance companies and consistent with the Ceding Company’s Then Current Practice.
HS2 Ltd shall plan for petitioner management for Phase 2a and Phase 2b in accordance with Best Current Practice.
Metropolitan Travel Forecasting: Current Practice and Future Direction -- Special Report 288.
More Definitions of Current Practice
Current Practice means, in respect of any action or inaction, the practices, standards and procedures of the Non‑Securitization Entities as performed on or that would have been performed immediately prior to the Closing Date.
Current Practice means, in respect of any action or inaction, the performance standards of IHOP Corp. and its Subsidiaries (including, without limitation, the Former Franchisor) immediately prior to the Closing Date.
Current Practice means, in respect of any action or inaction, the practices, standards and procedures of the Non-Securitization Entities as performed on or that would have been performed immediately prior to the Series 2015-1 Closing Date, the Series 2016-1 Closing date, with respect to the Carstar Brand, or the Series 2018-1 Closing Date, with respect to the Take 5 Brand or Spire Supply Assets.
Current Practice in Section 1.1 of the Management Agreement is hereby deleted in its entirety and amended and restated as follows:
Current Practice means, in respect of any action or inaction, the practices, standards and procedures of the Non-Securitization Entities as performed on or that would have been performed immediately prior to the Closing Date. “Confidential Information” means information (including Know-How) that is confidential and proprietary to its owner, or that is personal information, and that is disclosed to any party to this Agreement whether in writing or disclosed orally, and whether or not designated as confidential. “Discloser” has the meaning set forth in SECTION 8.1(a) hereof. “Disentanglement” has the meaning set forth in SECTION 7.2(a) hereof. “Disentanglement Services” has the meaning set forth in SECTION 7.2(a) hereof. “Disentanglement Period” has the meaning set forth in SECTION 7.2(c) hereof. “Equipment Distribution Services” means performing all of the duties and obligations of the Equipment Distributor in connection with the Securitized Equipment Supply Agreements and the placement, resale and distribution of fitness equipment to Franchisees, Planet Fitness Assetco and Non-Securitization Entities for use in the Retained Corporate-Owned Stores, including, among other things: 3 143946769_2
Current Practice means in respect of any action or inaction, the practices, standards and procedures of the Non-Securitization Entities as performed on or that would have been performed immediately prior to the Series 2015-1 Closing Date, the Series 2016-1 Closing Date, with respect to the Carstar Brand, the Series 2018-1 Closing Date or such date of the related Contribution Agreement thereafter, with respect to the Take 5 Brand, as applicable, or Spire Supply Assets, or October 4, 2019 with respect to the ABRA Brand, or the Series 2020-1 Closing Date, with respect to the Fix Auto Brand. “DBH”: means Driven Brands Holdings Inc., a Delaware corporation. “DBI”: means Driven Brands, Inc., a Delaware corporation. “Defective New Asset”: means any New Asset that does not satisfy the applicable representations and warranties of Article V hereof on the New Asset Addition Date for such New Asset. “Discloser”: has the meaning set forth in Section 7.1. “Disentanglement”: has the meaning set forth in Section 6.3(a). “Disentanglement Period”: has the meaning set forth in Section 6.3(c). “Disentanglement Services”: has the meaning set forth in Section 6.3(a). “Driven Brands Specified Non-Securitization Debt Cap”: has the meaning set forth in Section 5.4. “Econo Lube Center”: means the operation of businesses providing motor vehicle tune-up and brake services, lubrication, oil changes, and certain related minor automotive services under the Econo Lube Brand. “Econo Lube Franchise Agreement”: means the current form of Econo Lube Franchise Agreement. “Econo Lube Location”: means the specific approved location granted to a Franchisee in the Econo Lube Franchise Agreement to operate an Econo Lube Center.
Current Practice means, in respect of any action or inaction, the practices, standards and procedures of the Non-Securitization Entities as performed on or that would have been performed immediately prior to the Series 2015-1 Closing Date, the Series 2016-1 Closing Date, with respect to the Carstar Brand, the Series 2018-1 Closing Date or such date of the related Contribution Agreement thereafter, with respect to the Take 5 Brand, as applicable, or Spire Supply Assets, or October 4, 2019 with respect to the ABRA Brand, or the Series 2020-1 Closing Date, with respect to the Fix Auto Brand.