Global CAP definition

Global CAP means the Global Letter-Dating Corrective Action Plan referred to in Section VI of this Compliance Report;
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Global CAP has the meaning set forth in Section 7.05(f).
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Global CAP has the meaning attributed to it in Article 13.2.
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Examples of Global CAP in a sentence

  • As set out above in Section VI, the Global CAP is intended to address Servicer’s letter- dating issues.

  • If a Metric was under a CAP, there had been a Potential Violation of the Metric in a previous Test Period; and if a Metric was under the Global CAP because of the letter-dating issue discussed below in Section VI, a Potential Violation of the Metric was deemed to have occurred, even if the Metric’s Threshold Error Rate had not been exceeded.

  • In a subsequent Compliance Report, I will provide an update on the SPF’s confirmation of the IRG’s testing of Servicer’s compliance with the Global CAP Metrics in their respective Cure Periods.

  • Servicer notified me that it had completed the implementation of these corrective actions, and that through its testing, Servicer had concluded that the corrective actions were effective in remedying the letter-dating issues that were addressed by the Global CAP.

  • Yet, in 2000 and 2001, speeches by donors at the Global CAP launches and minutes from the Montreux retreats provide unequivocal evidence that donors collectively recognised and praised considerable overall improvements in the CAP, and pledged to support it.

  • The Cure Periods for Metrics 19, 20, 22, 23, 27 and 30 were established as the period from July 1, 2015 to August 31, 2015.26 In Servicer’s Amended Quarterly Report covering the third calendar quarter of 2015, Servicer reported that it was in compliance with all of the Global CAP Metrics for the Global CAP Metric Cure Periods.

  • In Servicer’s Amended Quarterly Report covering the third calendar quarter of 2015, Servicer reported that it was in compliance with all of the Global CAP Metrics for the respective Global CAP Metric Cure Periods.31 In a subsequent Compliance Report, I will provide an update on the SPF’s confirmation of the IRG’s testing of Servicer’s compliance with the Global CAP Metrics in their respective Cure Periods.

  • As a consequence of this engagement and Servicer’s discussions with the Monitoring Committee, Servicer, among other things, voluntarily developed the Global CAP to address Servicer’s letter-dating issues and the resulting effects on the testing of Metrics.2. Implementation of Corrective Actions.

  • Servicer’s testing on the effectiveness of these corrective actions is complete and I have determined that Servicer has satisfactorily completed the Global CAP in all material respects as of June 30, 2015.

  • The following Metrics are subject to the Global CAP: 12, 19, 20, 22, 23, 27 and 30.

Related to Global CAP

  • Global Capital Security means a Capital Securities Certificate evidencing ownership of Book-Entry Capital Securities.

  • Global Certificates Any Certificate registered in the name of the Depository or its nominee.

  • Global Notes Legend means the legend set forth under that caption in the applicable Exhibit to this Indenture.

  • Regulation S Permanent Global Security means a permanent global Security in the form of Exhibit A hereto bearing the Global Security Legend and the Private Placement Legend and deposited with or on behalf of and registered in the name of the Depositary or its nominee, issued in a denomination equal to the outstanding principal amount of the Regulation S Temporary Global Security upon expiration of the Restricted Period.

  • Global Certificate means a Certificate that evidences all or part of the Units and is registered in the name of the Depositary or a nominee thereof.

  • Global Securities means a Security or Securities, as the case may be, in the form established pursuant to Section 2.2 evidencing all or part of a Series of Securities, issued to the Depository for such Series or its nominee, and registered in the name of such Depository or nominee.

  • Global Security means a Security issued to evidence all or a part of any series of Securities which is executed by the Company and authenticated and delivered by the Trustee to the Depositary or pursuant to the Depositary’s instruction, all in accordance with the Indenture, which shall be registered in the name of the Depositary or its nominee.

  • Regulation S Permanent Global Certificate means any single permanent global Certificate, in definitive, fully registered form without interest coupons received in exchange for a Regulation S Temporary Global Certificate.

  • 144A Global Security means a permanent Global Security in the form of the Security attached hereto as Exhibit A-1, and that is deposited with and registered in the name of the Depositary, representing Securities sold in reliance on Rule 144A under the Securities Act.

  • Global Securities Legend means the legend set forth under that caption in Exhibit A to this Indenture.

  • Regulation S Global Securities Appendix A

  • Regulation S Global Certificates As defined in Section 5.02(c)(i) of this Agreement.

  • Regulation S Global Security The meaning specified in Section 3.01(c).

  • Global warming potential means how much a given mass of a chemical contributes to global warming over a given time period compared to the same mass of carbon dioxide. Carbon dioxide's global warming potential is defined as 1.0.

  • Global Warrant means a Warrant in the form of a permanent global Warrant Certificate, in definitive, fully registered form.

  • Rule 144A Global Security has the meaning specified in Section 2.1(a) of Appendix A.

  • Rule 144A Global Certificates As defined in Section 5.02(c)(ii) of this Agreement.

  • Regulation S Permanent Global Note means a permanent Global Note in the form of Exhibit A1 hereto bearing the Global Note Legend and the Private Placement Legend and deposited with or on behalf of and registered in the name of the Depositary or its nominee, issued in a denomination equal to the outstanding principal amount of the Regulation S Temporary Global Note upon expiration of the Restricted Period.

  • Global Bond means the Original Global Bond and/or as the context may require any global bond representing any Further Bonds or any of them.

  • Global Notes means, individually and collectively, each of the Restricted Global Notes and the Unrestricted Global Notes, substantially in the form of Exhibit A hereto, issued in accordance with Section 2.01, 2.06(b) or 2.06(d) hereof.

  • Regulation S Global Certificate With respect to any Class of Book-Entry Non-Registered Certificates offered and sold to institutions that are non-United States Securities Persons in Offshore Transactions in reliance on Regulation S, a single global Certificate, or multiple global Certificates collectively, in definitive, fully registered form without interest coupon, each of which Certificates bears a Regulation S Legend.

  • Regulation S Global Covered Bond means a Registered Global Covered Bond representing Covered Bonds sold outside the United States in reliance on Regulation S;

  • Global Registered Receipts means a global registered Receipt registered in the name of a nominee of DTC.

  • Public Global Certificates A Global Certificate relating to a Class of Public Certificates.

  • Temporary Regulation S Global Certificate As defined in Section 5.02(c)(i) of this Agreement.

  • Global Registered Certificate means a global certificate representing ETP Securities in registered form.