LA Provider definition
Examples of LA Provider in a sentence
Homes England requires the provision of any new or additional Payment Guarantee or Alternative Security pursuant to this Clause 4 (The Guarantor and Alternative Security), the Developer must procure that, save where a Guarantor is an LA Provider, the Corporate Authorisation Condition in respect of such Payment Guarantee or Alternative Security (as applicable) is satisfied having regard to the timeframes outlined in Clause 4.7 (The Guarantor and Alternative Security).
Each Consortium Member that is an LA Provider: must comply with the Transparency Code; and agrees that if the Transparency Code is not binding upon it, it will be bound by the terms of Condition 17.1 (mutatis mutandis).
Where a New Consortium Member is an LA Provider it must also provide a legal opinion in the form (mutatis mutandis) of the Legal Opinion to Homes England with the documents provided pursuant to Condition 40.3.
The LA Provider is not subject to any direction of the Secretary of State under Section 15 of the Local Government Act 1999 nor do any circumstances exist which would entitle the Secretary of State to issue such a direction which in either case would have a Material Adverse Effect.