Exclusion Situation definition

Exclusion Situation means the relevant entity/Borrower is in any of the following situations:
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Exclusion Situation means the Customer is in any of the following situations:
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Exclusion Situation means any exclusion situation as defined in Article 136 of the Financial Regulation;
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Examples of Exclusion Situation in a sentence

  • The Contractor shall regularly update ECMWF about the status of any Exclusion Situation reported under this Clause.

  • The Contractor shall notify ECMWF in writing and within five (5) business days if the Contractor, any of its sub-contractors or any third party that receives payment for the Contractor in connection with the contractual obligations is in an Exclusion Situation as defined in Article 136 of the Financial Regulation at any time during the term of this Agreement.

  • If and when the Contractor notifies ECMWF of an Exclusion Situation under Clause 2.1.5.1 or a Fraud or Irregularity under Clause 2.1.2.1(iii)(g), ECMWF shall transmit the information to the Commission for entry on the Early Discovery and Exclusion System and publication on the website of the Commission.

  • The Contractor shall notify ECMWF in writing and within five (5) Business Days if the Contractor, any of its Sub-contractors or any third party that receives payment for the Contractor in connection with the Services is in an Exclusion Situation at any time during the Term.

  • If and when the Contractor notifies ECMWF of an Exclusion Situation under Clause 2.1.5.1 or a Fraud or Irregularity under Clause 2.1.2(iii)(e), ECMWF shall transmit the information to the Commission for entry on the Early Discovery and Exclusion System and publication on the website of the Commission.

  • Two clubs may join together to provide an entry, these Clubs must be members of the same nominated Ice Rink.

  • Financial Institutions shall comply with relevant standards and applicable legislation on the prevention of money laundering, the fight against terrorism and tax fraud to which they may be subject, shall not be in any Exclusion Situation and shall not be established in a Non-Compliant Jurisdiction.

  • Factors limiting the possibility to implement the emergency plan or emergency intervention from the mine safety aspect Exclusion Situation where the necessary measures to protect the public during/after a radiation accident at the facility or a workplace cannot be immediately and/or fully implemented, particularly because of existing population distribution and presence of residential houses/areas.

  • Financial Intermediaries shall comply with relevant standards and applicable legislation on the prevention of money laundering, the fight against terrorism and tax fraud to which they may be subject, shall not be in any Exclusion Situation.

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More Definitions of Exclusion Situation

Exclusion Situation means, in accordance with Article 4.4 of FAFA, the Financial (Sub-) Intermediary or a Final Recipient, as the case may be, is in any of the following situations: (i) it is as of the relevant date bankrupt or being wound up, is at the relevant date having its affairs administered by the courts, in this 17 OJ L 124, 20.5.2003, p. 36. 18 xxxxx://xxxxxxx.xx.xxxxxx.xx/easi-micpro/Jasmine.jsp#CoGCPlace: context, has during the last five (5) years from the relevant date entered into an arrangement with creditors, has at the relevant date suspended business activities, is at the relevant date the subject of proceedings concerning those matters, or is at the relevant date in any analogous situation arising from a similar procedure provided for in national legislation or regulations; (ii) during the last five (5) years from the relevant date it or persons having powers of representation, decision-making or control over it have been convicted of an offence concerning its professional conduct by a judgment which has the force of res judicata, which would affect its ability to implement this Guarantee Agreement (in case of the Financial Intermediary) or the Final Recipient Transaction (in case of the Final Recipient); (iii) during the last five (5) years from the relevant date it or persons having powers of representation, decision-making or control over it have been the subject of a judgment which has the force of res judicata for fraud, corruption, involvement in a criminal organisation, money laundering or any other illegal activity, where such illegal activity is detrimental to the EU’s financial interests; (iv) regarding the Financial Intermediary only, at the relevant date it is guilty of misrepresentation in supplying information required for selection as a Financial Intermediary, or fails to supply this information; (v) at relevant date it is listed in the central exclusion database set up and operated by the Commission under Commission Regulation (EC, Euratom) No 1302/2008 of 17 December 2008 on the central exclusion database; provided that items (ii) and (iii) shall not apply where the Financial (Sub-) Intermediary or the Final Recipient, as the case may be, can demonstrate that adequate measures have been adopted against the persons having powers of representation, decision making or control over it who are subject to a judgment or conviction as referred to in points (ii) and (iii).
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Exclusion Situation. Means that a Financial (Sub-)Intermediary or a Final Recipient, as the case may be, is in any of the following situations: 1. bankrupt, is subject to insolvency, is being wound up, is having their affairs administered by a liquidator or by the courts, in this context are in an arrangement with creditors, is having their business activities suspended or a standstill (or equivalent) agreement has been signed with creditors and validated by the competent court when required by the applicable law, or in any analogous situation arising from a similar procedure provided for in national legislation or regulations; 2. in the past five years, they have been the subject of a final judgment or final administrative decision for being in breach of their obligations relating to the payment of taxes or social security contributions in accordance with the applicable law and where such obligations remain unpaid unless a binding arrangement has been established for payment thereof; 15 xxxxx://xxx-xxx.xxxxxx.xx/legal-content/EN/TXT/HTML/?uri=CELEX:12012E/TXT
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Exclusion Situation means any exclusion situation as defined in Article 136 of the
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Related to Exclusion Situation

  • Child support services means any civil, criminal or administrative action taken by the Division of

  • Fire fighter means any person employed by the state or any political subdivision as a member or officer of a fire depart- ment or a member of a volunteer department, including the state fire marshal and deputies.

  • Medically fragile means the condition of a child who requires the availability of twenty-four-hour skilled care from a health care professional or specially trained staff or volunteers in a group care setting. These conditions may be present all the time or frequently occurring. If the technology, support and services being received by the medically fragile children are interrupted or denied, the child may, without immediate health care intervention, experience death.

  • Adult foster care means room and board, supervision, and special services to an adult who has a

  • Preventive services means preservation services, as defined

  • technical and organisational security measures means those measures aimed at protecting personal data against accidental or unlawful destruction or accidental loss, alteration, unauthorised disclosure or access, in particular where the processing involves the transmission of data over a network, and against all other unlawful forms of processing.

  • URGENT CARE CENTER means a healthcare center either affiliated with a hospital or other institution or independently owned and operated. These centers may also be referred to as walk-in centers.

  • Shoulder means that part of a highway between the portion regularly traveled by vehicular traffic

  • Medical care means amounts paid for: