Explanation 1 definition

Explanation 1. The term “material non-listed Indian subsidiary” shall mean an unlisted subsidiary, incorporated in India, whose turnover or net worth (i.e. paid up capital and free reserves) exceeds 20% of the consolidated turnover or net worth respectively, of the listed holding company and its subsidiaries in the immediately preceding accounting year.
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Explanation 1. For the purpose of clarification, Delivered Energy, excludes all energy consumed in the Project, by the main plant and equipment, lighting and other loads of the Project from the energy generated and as recorded by energy meter at Interconnection Point.
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Examples of Explanation 1 in a sentence

  • As per the Xxxxxxxxxxx Xxxxx Xxx 0000 Schedule-I, Article 5 (g-a) (ii), if the Allottee transfers /assigns the rights under this agreement to any subsequent Allottee within a period of 1 year, the Allottee is entitled to get adjusted the stamp duty payable on such transfer/assignment and further as per Xxxxxxxxxxx Xxxxx Xxx 0000 Schedule-I, Article 25, Explanation -1.

  • Page Variable Text Explanation 1 Initial Premium Amount The amount applied for and approved 2 Amount of Coverage Minimum $1,000,000; Maximum 3,000,000 NEW YORK LIFE INSURANCE AND ANNUITY CORPORATION 00 Xxxxxxx Xxxxxx, Xxx Xxxx, XX 00000 TEMPORARY LIFE INSURANCE AGREEMENT (BINDER AGREEMENT) THIS TEMPORARY LIFE INSURANCE BINDER AGREEMENT (the "Agreement") is made as of the date set forth below by and between New York Life Insurance and Xxxxxxx Corporation (New York LifeNYLIAC) and "CompanyApplicant").

  • Explanation (1) to Section-25 states “nothing in this section shall affect the validity as between the donor and donee, of any gift actually made." Thus, gift do not require any consideration.

  • We can conclude that Rival Explanation 1 has no explanatory power about why Central European countries created CEDC instead of using the NATO and EU frameworks (see Figure 7).

  • Figure 7 – Rival Explanation 1: Actual CEDC Pattern 314 Slovak MoD Official, e-mail interview by author, September 2014.

  • Rival Explanation 1 – Lack of progress on pan-European/Transatlantic defence cooperation Figure 6 – Rival Explanation 1: Predicted CEDC Pattern According to ‘Rival Explanation 1’, (see Figure 6) defence co-operation in NATO and EU did not progress well (independent variable), and CEDC countries became dissatisfied with this situation in NATO and EU (intervening variable), this led to the creation of an alternative body, which is CEDC (dependent variable).

  • Fundamental Scale for AHP Intensity Definition Explanation 1 Equal Two elements contribute equally to the objective 3 Moderate One element is slightly more relevant than another 5 Strong One element is strongly more relevant over another 7 Very strong One element is very strongly more relevant over another 9 Extreme One element is extremely more relevant over another with respect to the goal.

  • Description of the categories of Data Subjects whose Personal Data are exchanged, and the categories of personal data of the Data Subjects: Applicable Category Explanation 1.

  • Breach Penalty amount Explanation 1 Lost or damaged charging cable due to Lessee’s fault BGN 1000 According to Art.


More Definitions of Explanation 1

Explanation 1. The term “material non-listed Indian subsidiary” shall mean an unlisted subsidiary, incorporated in India, whose turnover or net worth (i.e. paid up capital and free reserves) exceeds 20% of the consolidated turnover or net worth respectively, of the listed holding company and its subsidiaries in the immediately preceding accounting year. Explanation 2: The term “significant transaction or arrangement” shall mean any individual transaction or arrangement that exceeds or is likely to exceed 10% of the total revenues or total expenses or total assets or total liabilities, as the case may be, of the material unlisted subsidiary for the immediately preceding accounting year. Explanation 3: Where a listed holding company has a listed subsidiary which is itself a holding company, the above provisions shall apply to the listed subsidiary insofar as its subsidiaries are concerned.
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Explanation 1. The term “financially literate” means the ability to read and understand basic financial statements i.e. balance sheet, profit and loss account, and statement of cash flows. Explanation 2: A member will be considered to have accounting or related financial management expertise if he or she possesses experience in finance or accounting, or requisite professional certification in accounting, or any other comparable experience or background which results in the individual’s financial sophistication, including being or having been a chief executive officer, chief financial officer or other senior officer with financial oversight responsibilities. The Chairman of the Audit Committee shall be an independent director; The Chairman of the Audit Committee shall be present at Annual General Meeting to answer shareholder queries; The audit committee may invite such of the executives, as it considers appropriate (and particularly the head of the finance function) to be present at the meetings of the committee, but on occasions it may also meet without the presence of any executives of the company. The finance director, head of internal audit and a representative of the statutory auditor may be present as invitees for the meetings of the audit committee; The Company Secretary shall act as the secretary to the committee.
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Explanation 1. Designated Actuary” means a full-time officer of the Corporation, who is a fellow Member of the Institute of Actuaries of India or Institute of Actuaries, London and who is nominated as a Designated Actuary by the Chief Executive or an officer or committee authorised by the Chief Executive for selection as Designated Actuary.
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Explanation 1. {( any member raises in any meeting of the Board a point as to whether a questio question of policy or whether any rights of the Governments of Bihar. Madhya Pradesh or Pradesh are involved in the consideration of matter before the Board. a decision on the poi raised shall be given by the Chairman.
Sample 1
Explanation 1. Reciprocating territory" means any country or territory outside India which the Central Government may, by notification in the Official Gazette, declare to be a reciprocating territory for the purposes of this section; and "superior Courts", with reference to any such territory, means such Courts as may be specified in the said notification.
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Related to Explanation 1

  • Denial means the process of refusing to grant a license after OCCL receives an application. This constitutes refusal of permission to operate.

  • Annual Information Form means a document filed by the funds with Canadian securities regulators which provides supplementary information about the funds.

  • Claimant means a person who believes that he or she is being denied a benefit to which he or she is entitled hereunder.

  • Review means a financial or operational audit, investigation, inspection or other form of review requested or required by the LHIN under the terms of LHSIA or this Agreement, but does not include the annual audit of the HSP’s financial statements;

  • Explanatory Indicator means a measure that is connected to and helps to explain performance in a Performance Indicator or a Monitoring Indicator. An Explanatory Indicator may or may not be a measure of the HSP’s performance. No Performance Target is set for an Explanatory Indicator;