Emergency Business definition

Emergency Business means a situation, or the threat of a situation, adversely affecting health, safety and/or well-being of a person(s), or resulting in significant legal risk or financial consequences to the Board, which by its nature and seriousness requires an immediate response;

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Emergency Business means a situation, or the threat of a situation, adversely affecting health, safety and/or well-being, or resulting in significant legal risk or financial damage or loss, which by its nature and seriousness requires an immediate response;

Examples of Emergency Business in a sentence

• You acknowledge that: (i) the Loan is made in accordance with the Canada Emergency Business Account Program (the "Program") and is being instituted and administered by the Bank at the request of and on behalf of Export Development Canada, on behalf of Her Majesty in Right of Canada, and (ii) you have certified to the Bank the information set out in Schedule A attached hereto, as required by the Government of Canada.

• You acknowledge that: (i) the Loan is made in accordance with the Canada Emergency Business Account Program (the "Program") and is being instituted and administered by the Credit Union at the request of and on behalf of Export Development Canada, on behalf of Her Majesty in Right of Canada, and (ii) you have certified to the Credit Union the information set out in Schedule A attached hereto, as required by the Government of Canada.

• The Borrower represents and warrants that all information provided to the Credit Union during the application process for the CEBA Loan, in the Canada Emergency Business Account Application and Borrower Attestation, and in this Agreement, is accurate and complete.

• The Employer will review the Fit for Emergency Business Rule by 30 June 2016 and ensure consistency of application across the State to provide time for staff to achieve and maintain required fitness levels.

• The Employer will provide paid time release in accordance with its Fit for Emergency Business Rule to all staff required to undertake such tests for the purpose of achieving required fitness levels.

• The Loan Obligations resulting from Canadian Emergency Business Account Program (CEBA), advances made by the Lenders shall be evidenced by records maintained by the Credit Union concerning those Advances it has made, into the account of the Borrower.

• Personal Emergency Business shall be defined as a serious emergency, a catastrophe, or an unusually important occurrence necessitating an absence from work.

• If this Credit Facility is advanced in one draw: Subject to the prepayment incentive scoped within clause 3 of the Canada Emergency Business Account (CEBA) Credit Agreement Standard Terms and Conditions, payment of $40,000.00 will be due and payable on the Maturity Date.

• You will pay to ATB all interest and indebtedness, in accordance with, and at the rates specified in, the Credit Agreement with its appendices and schedule (Canada Emergency Business Account (CEBA) Credit Agreement Standard Terms and Conditions).

• If this Credit Facility is advanced in one draw: Subject to the prepayment incentive scoped within clause 3 of the Canada Emergency Business Account (CEBA 5.0) Credit Agreement Standard Terms and Conditions, payment of $60,000.00 will be due and payable on the Maturity Date.