Mandatory Provision definition

Mandatory Provision means a provision of any of Parts 1 to 14 or Part 18 of the Act (together with any statutory modification thereof in force at the date on which these Articles become binding on the Company) that applies to companies limited by guarantee and that is not an Optional Provision;
Mandatory Provision. , in relation to the Code, means a provision identified as such by regulations as mentioned in section 2(2)(b);
Mandatory Provision means a provision of any of Part 1, this Part or Parts 3 to 14 20

Examples of Mandatory Provision in a sentence

  • If the Proponent has any Mandatory Provision or wished to incorporate or use any Proponent standard terms and conditions, the Proponent shall append such materials to its Proposal and indicate thereon such Mandatory Provisions.

  • The applicant/recipient has implemented a compliance plan to prevent the prohibited activities identified in section (a) of the Mandatory Provision “Trafficking in Persons” and is in compliance with that plan; 2.

  • The application/recipient has implemented procedures to prevent any activities described in section (a) of the Mandatory Provision “Trafficking in Persons” and to monitor, detect, and terminate any contractor, subawardee, employee, or other agent of the applicant/recipient engaging in any activities described in such section; and 3.

  • As soon as reasonably practicable upon a party ceasing to be subject to a Communications Failure Event, it shall notify the other party accordingly and thereupon Mandatory Provision 4.2(a) (Credit Event Notices and NEMOs to be given via DTCC) shall apply and, accordingly, any notice thereafter delivered or purported to be delivered directly (and not via the relevant DTCC Notice Facility) will not be valid and effective.

  • Without prejudice to any other rights or remedies of the parties, any breach by a party of the provisions of this Mandatory Provision 4.4 shall not cause any Credit Event Notice or Notice to Exercise Movement Option delivered otherwise than in accordance with the terms of the relevant CCM Client Transaction, which would otherwise be valid and effective, to be invalid or ineffective.


More Definitions of Mandatory Provision

Mandatory Provision means a provision of any of Parts 1 to 14 (as applied by this
Mandatory Provision means a provision of this Act referred to in clauses 3(2)(a) through (n);
Mandatory Provision means a provision of any of Part 1, this Part or Parts 3 to 14 that is not an optional provision;
Mandatory Provision. , of the land access code, means a provision of that code that the code requires compliance with. "mark the land" ... "Mineral Resources Act" means the Mineral Resources Act 1989 . "minimum negotiation period" ... "mining interest" means—
Mandatory Provision means Section 1405(a) of the Restoration Act (25 U.S.C. § 1300n-3(a)), which provides that “[u]pon application by the Tribe, the Secretary shall accept into trust for the benefit of the Tribe any real property located in Marin or Sonoma County, California, for the benefit of the Tribe after the property is conveyed or otherwise transferred to the Secretary and if, at the time of such conveyance or transfer, there are no adverse legal claims to such property, including outstanding liens, mortgages, or taxes.”
Mandatory Provision means: (a) a clause in the indicative access holder agreement included in the Access Undertaking first accepted by the ACCC which is identified as a Tier 1 (mandatory) provision in Schedule A:1 of that Access Undertaking; or
Mandatory Provision means a provision of any of Parts 1 to 14