Principal duty definition

Principal duty means any duty which is expected to account for twenty percent or more of a person's time in fulfilling the terms of his engagement or any duty which is expected to account for twenty percent or more of a person's time in any given year in performing the responsibilities of his employment.
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Principal duty means a water undertaker’s general duty to develop and maintain an efficient and economical water supply system; and a sewerage undertaker’s general duty to provide a system of public sewers (see sections 37 and 94 of the WIA91). With regard to retailers and infrastructure providers, ‘principal duty’ means any condition of its licence or any statutory requirement imposed on it by its licence (see section 24 (7) of the WIA91).
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Related to Principal duty

  • Serviced Duty means all duties and obligations of the Sellers in a Corporate Trust Capacity under the Serviced Corporate Trust Contract related to each Serviced Appointment, in each case, other than any Retained Duty.

  • On duty means that a pharmacist is on the premises at the address of the permitted pharmacy and is available as needed.

  • Active duty means full-time duty status in the active, uniformed services of the United States, including without limitation members of The National Guard and Reserve on active duty orders under 10 U.S.C. §§ 1209 and 1210.

  • Class A Non-PO Optimal Principal Amount As to any Distribution Date, an amount equal to the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan, and (y) the sum of:

  • Senior Accelerated Distribution Percentage With respect to any Distribution Date occurring on or prior to the 60th Distribution Date and, with respect to any Mortgage Pool comprised of two or more Loan Groups, any Loan Group, 100%. With respect to any Distribution Date thereafter and any such Loan Group, if applicable, as follows: