Impairment Notice definition

Impairment Notice has the meaning ascribed to it in Section 9.3(b). “Impairment Off-Ramp Notice” has the meaning ascribed to it in Section 9.3(d).
Sample 1Sample 2Sample 3
Impairment Notice has the meaning given in Section 9.7;
Sample 1Sample 2
Impairment Notice shall be as defined as set forth in Article XI, Section 8 of this Agreement.
Sample 1Sample 2

Examples of Impairment Notice in a sentence

  • Where required additional permits may be required such as an Alarm Impairment Notice (QAC-I-FRM-010) or Request for Sprinkler System Shutdown (QAC-I-FRM-014).

  • Impairment Notice (QAC-I-FRM-010) - This form must be completed for the shutdown protection systems in particular zones or a whole building where any construction work may accidentally trigger an alarm requiring a New Zealand Fire Service callout.

  • Isolation of fire detectors may only be carried out following the issue of an Impairment Notice by the University Contract Manager.

  • The absence of notification by an Impairment Notice for any given quarter within the stated ten (10) business day period shall evidence that a Significant Impairment did not occur for such quarter and shall cause this Article XI, Section 8 to be void and unenforceable on its terms for that particular quarter.

  • In the event of emergency work which involves fire services impairment, the Fire Services Impairment Notice shall be completed in accordance with Section 4.3 of this procedure, as soon as is reasonably practicable.

  • The Fire Impairment Notice form is online at www.hcpp.org under the Forms tab and can be submitted 24/7.

  • In the context of an actual or threatened Status Impairment and the provision of an Impairment Notice, a Party shall not be required to take any action described in the Impairment Notice as creating a Status Impairment, and the Parties shall negotiate reasonably and in good faith to amend this Agreement, or enter into any new agreement, to effect the original intent and agreement of the Parties but on terms that would not give rise to a Status Impairment.

  • An Impairment Notice shall be accompanied by either a legal opinion supporting the Party’s belief of a Status Impairment from a national law firm with expertise in tax law, or a notification from the IRS that indicates that the Exempt Status of such Party or a Subsidiary of such Party may be at risk of material impairment or revocation as a result of such Status Impairment.

  • A copy of the attached Impairment Notice must be completed and faxed to the Project Coordinator 24 hours in advance of the shut-down.

  • Where required additional permits may be required such as an Alarm Impairment Notice (QAC-I-FRM-010) or Request for Sprinkler System Shutdown (QAC-I- FRM-014).Confined Space Entry Certificate (QAC-I-FRM-)16) – This form is to be considered for use in conjunction between the contractor and Queenstown Airport construction supervisor.


More Definitions of Impairment Notice

Impairment Notice has the meaning set forth in Section 2.04(e)(vii)(A) (Earn-Out Impairment).
Sample 1
Impairment Notice means an irrevocable notice by the Credit Event Monitoring Agent to the Issuer and the Trustee on or prior to the Business Day immediately preceding any Final Redemption Date that aPotential Failure to Pay (within the meaning of the ISDA Definitions) has occurred and has neither been Cured nor become a Failure to Pay Credit Event nor is capable of becoming a Failure to Pay Credit Event on or prior to such Final Redemption Date. An Impairment Notice must (i) contain a description in reasonable detail of the facts relevant to the determination that a Potential Failure to Pay has occurred that cannot become a Failure to Pay Credit Event on or prior to such Final Redemption Date and (ii) specify the date on which the Potential Failure to Pay occurred and the Reference Obligation in respect of which such Potential Failure to Pay occurred. An Impairment Notice may be delivered between 9:00 a.m. and 4:00 p.m. (Frankfurt time) on any Business Day occurring less than 90 calendar days prior to such Final Redemption Date. If an Impairment Notice is delivered to the Trustee after 4:00 p.m. (Frankfurt time) on a Business Day or on a day which is not a Business Day, such Impairment Notice shall be deemed delivered on the immediately following Business Day. Delivery of an Impairment Notice shall not be construed to be a Condition to Settlement. Conditions to Settlement The “Conditions to Settlement” will be satisfied with respect to a Credit Event when all of the following have taken place:
Sample 1

Related to Impairment Notice

  • Replacement Notice is defined in Section 4.11.

  • Revocation or suspension notice means a board notification suspending a license for an indefinite or specified period of time or a notification revoking a license as required by the Act.

  • Settlement Notice has the meaning specified in Section 14.02(a)(iii).

  • Payment Notice has the meaning assigned to it in Section 8.06(c).

  • Opt-Out Notice has the meaning specified therefor in Section 2.02(a) of this Agreement.

  • Notice Event means any of the events enumerated in paragraph (b)(5)(i)(C) of the Rule and listed in Section 4(a) of this Disclosure Agreement.

  • Disagreement Notice has the meaning set forth in Section 2.2.3.1(b).

  • Adjustment Notice has the meaning provided such term in Section 2.3(b).

  • Prepayment Notice means a notice by the Borrower to prepay Loans, which shall be in such form as the Appropriate Party may approve.

  • End of Suspension Notice has the meaning set forth in Section 1(f)(ii).

  • Retraction Notice has the meaning set forth in Section 11.01(c).

  • Preliminary Default Notice shall have the meaning ascribed thereto in Article 13 of this Agreement;

  • Reinvestment Notice a written notice executed by a Responsible Officer stating that no Event of Default has occurred and is continuing and that the Borrower (directly or indirectly through a Subsidiary) intends and expects to use all or a specified portion of the Net Cash Proceeds of an Asset Sale or Recovery Event to acquire or repair assets useful in its business.

  • Reset Notice has the meaning specified in Section 3.07.

  • Consent Notice has the meaning set forth in Section 4.6(a).

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • infringement notice has the meaning set forth in Section 7.4.1;

  • Notice-triggering PI means the PI identified in CCC § 1798.29(e) whose 25 unauthorized access may trigger notification requirements under CCC § 1709.29. For purposes of this 26 provision, identity shall include, but not be limited to, name, identifying number, symbol, or other 27 identifying particular assigned to the individual, such as a finger or voice print, a photograph or a 28 biometric identifier. Notice-triggering PI includes PI in electronic, paper or any other medium.

  • Repayment Notice Each notice required to be delivered by the Borrower pursuant to Section 2.3 in respect of any reduction in the Facility Amount or repayment of Advances Outstanding, in the form of Exhibit A-2.

  • Commencement Notice means a written notice, given by any Secured Party to the other Secured Parties in accordance with the notice provisions set forth in the Securities Purchase Agreement, pursuant to which such Secured Party notifies the other Secured Parties of the existence of one or more Events of Default and of such Secured Party’s intent to commence the exercise of one or more of the remedies provided for under this Agreement with respect to all or any portion of the Collateral as a consequence thereof, which notice shall incorporate a reasonably detailed description of each Event of Default then existing and of the remedial action proposed to be taken.

  • Default Notice means the written notice of Default of the Agreement issued by one Party to the other.

  • Non-Monetary Default Notice shall have the meaning assigned to such term in Section 11(d).

  • improvement notice means the notice issued by the Authority to the Supplier pursuant to Clause 32.1.3 (Authority Remedies) which will detail how the Supplier shall improve the provision of the Goods and/or Services;

  • Ratings Decline Period means the period that (i) begins on the earlier of (a) the date of the first public announcement of the occurrence of a Change of Control and (b) the occurrence of a Change of Control and (ii) ends 90 days following consummation of such Change of Control; provided that such period shall be extended for so long as the rating of the Notes, as noted by the applicable Rating Agency, is under publicly announced consideration for downgrade by the applicable Rating Agency.

  • Carve-Out Trigger Notice means a written notice delivered by the Administrative Agent or the Required Lenders (which delivery may be made by any electronic method of transmission) to the Borrower and its counsel, the United States Trustee, and lead counsel to any Committee, which notice may be delivered following the occurrence and continuance of an Event of Default, and stating that the Post-Carve-Out Trigger Notice Cap has been invoked.

  • Notice of Revocation means, in connection with the revocation by a Beneficial Owner or its Agent Member of its Notice of Tender, a notice, substantially in the form attached to the Tender and Paying Agent Agreement, delivered by a Beneficial Owner or its Agent Member to the Tender and Paying Agent indicating an intention to revoke the tender of some or all of the VRDP Shares for sale on a Purchase Date pursuant to Section 1 of Part II of this Statement.