Explanation 2 definition

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.

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.

Explanation 2. Outstanding dues shall mean and include any amount accrued/due against the licensee under this or any other agreement at any of AAI airport or airport premises.

Examples of Explanation 2 in a sentence

• Explanation 2- Outstanding dues shall mean and include any amount accrued/ due against the licensee under this or any other agreement at any of AAI airport or airport premises.

• The following procedure is followed for each Public Hearing listed: 1) Staff Explanation; 2) Public Discussion; 3) Council Comments; 4) Close public portion of the Hearing; 5) City Council discussion; and 6) Decision.

• Explanation 2: It is clarified for the avoidance of doubts that the disclosure of the incremental transactions after any disclosure under this rule, shall be made when the transactions effected after the prior disclosure cross the threshold specified.

• Elements of the technical part of the Proposal shall include: 1) Minimum Qualifications Explanation, 2) Management Plan, 3) Methodology (Approach to Work), 4) Work Plan and Work Schedule, 5) Personnel, and 6) References.

• The following procedure pertains to each New Business Item: 1) Board/Staff Member Explanation; 2) Board of Directors Questions; 3) Public Comment; 4) Board Member Deliberation; 5) Decision.

More Definitions of Explanation 2

Explanation 2. The Delivered Energy in a Billing Month shall be limited to the energy calculated based on the Contracted Capacity in KW multiplied with number of hours and fraction thereof, the Project is in operation during that Billing Month. Explanation 3: The Delivered Energy shall be purchased by the DISCOM at a tariff for that year stipulated in Article 2.2 of this Agreement upto 25% CUF. The Delivered Energy beyond the 25% CUF may be purchased from the solar power developer (SPD) by the DISCOM at 50% of the tariff for that Tariff Year as per the Article 2.2 of the Agreement.

Explanation 2. With respect to any discrepancy in areas mentioned in the final OC plans of the Apartment, the Allottee/s hereby accepts that the Promoter’s contractual obligation is limited to providing the Carpet area as mentioned herein

Explanation 2. The Delivered Energy in a Billing Month shall be limited to the energy calculated based on the Contracted Capacity in KW multiplied with number of hours and fraction thereof, the Project is in operation during that Billing Month.

Explanation 2. In case the IPP choses to supply a portion of power to Discom, the provisions of clauses 5.7 to clause 5.10 shall apply mutatis mutandis.

Explanation 2 existing population” means the population projected for the year in which the constitution of the municipality is being considered as per the following formula, namely:-

Explanation 2. Board or Authority” means any corporation, company society or any other body of one or more persons whether incorporated or not, established, registered or formed by or und er an y C entral l aw or l aw of an y S tate f or t he i tem be ing i n force or exercising powers and functions under any such law”.

Explanation 2. Board or Authority” means any corporation, company society or any other body of one or more persons whether incorporated or not, established, registered or formed by or under any Central law or law of any State for the item being in force or exercising powers and functions under any such law”.