Joint Determination definition

Joint Determination the valuers appointed under clause 5.4(i). will jointly determine the current market licence fee of the Premises;
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Joint Determination shall have the meaning ascribed to it in Section 3.2.2(a).
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Joint Determination means a determination made upon the mutual agreement of the Board of Directors and Wexford, as provided in Article 6.8 hereof.
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Examples of Joint Determination in a sentence

  • In case such Joint Determination is made, the payment of the Purchase Price Adjustment, if any, shall be made in accordance with Section 3.2.3 below.

  • Where Consult - Joint Determination is applicable, the Parties will comply with the procedures set out in Section 2(a)(iv) of Schedule 7.1(a) (SRTA General Rights and Obligations).

  • Within ten (10) days after receipt of such notice, Wexford shall provide written notice to the Company that either (i) Wexford has commenced to perform such action and will diligently pursue such action to completion or (ii) Wexford reasonably believes that the action should not be performed, in which event the decision as to whether or not to take the action shall become a Joint Determination.

  • Where Consult - Joint Determination is applicable, SRTA's obligation to use its best efforts shall apply following the outcome of the Consult – Joint Determination.

  • The decision to add additional funding by SRTA and the amount will be subject to Consult - Joint Determination (TSA).

  • Consult - Joint Determination: to the extent the Authority Release of Hazardous Materials by SRTA or a SRTA Related Party constitutes a Compensation Event, in accordance with Row 48 (Compensation Events) below.

  • With respect to any action or decision requiring a Joint Determination under this Agreement, either the Company or Wexford (the "Initiating Party") may initiate the Joint Determination process set forth below by delivery of written notice to the other party (the "Other Party") of the action or decision requiring Joint Determination, and specifying therein the Initiating Party's recommendation as to the action or decision to be taken.

  • Responsibilities (2) Intergovernmental Obligation (3) o for which there is a "Consult - Receive Direction" or "Consult - Joint Determination" obligation, as set out in this table.

  • Consult – Joint Determination: regarding the implementation of any Project Standard Change or O&M Standard Change applicable to the Tolling Work (per PA Section 21.3).

  • To determine, administer and oversee any required ETCS Equipment Enhancements (per PA Section 28(a)) (other than Major GDOT Obligation: • Consult – Joint Determination: prior to providing any written notice of any Major ETCS Equipment Enhancements (per PA Section 28(c)).

Related to Joint Determination

  • Expert Determination the process described in Paragraph 6 of Schedule 8.3 (Dispute Resolution Procedure);

  • Event Determination Date means, in respect of a Credit Event, the date on which both the related Credit Event Notice and the related Notice of Publicly Available Information are effective.

  • Payment Determination Date means, with respect to any Payment Date, one (1) Business Day immediately preceding such Payment Date.

  • Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;

  • Interest Determination Date means, with respect to a Rate of Interest and Interest Accrual Period, the date specified as such hereon or, if none is so specified, (i) the first day of such Interest Accrual Period if the Specified Currency is Sterling or (ii) the day falling two Business Days in London for the Specified Currency prior to the first day of such Interest Accrual Period if the Specified Currency is neither Sterling nor euro or (iii) the day falling two TARGET Business Days prior to the first day of such Interest Accrual Period if the Specified Currency is euro.