Qualifying Variation definition

Qualifying Variation means either:
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Qualifying Variation means a Variation for which a Variation Confirmation has been issued and the supplementary agreement referred to in paragraph 4.4 of Section 2 of Schedule Part 13 (Variation Procedure) has become unconditional in all respects
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Qualifying Variation means a Variation for which a Variation Confirmation has been issued and the supplementary agreement referred to in paragraph 4.4 of this Schedule 8 (Variation Procedure) has become effective;
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Examples of Qualifying Variation in a sentence

  • If payment is to be made pursuant to paragraph 3 of Section 2 of this Part 22 of the Schedule (Payment of capital sum by the Board) which fully finances the Qualifying Variation, then no Account shall be taken of the need to finance any Capital Expenditure in connection with the Qualifying Variation save to the extent that such financing is actually required between implementation of the Qualifying Variation and the payment of the lump sum.

  • Subject to: receiving the Variation Confirmation issued in accordance with the terms of this Schedule; and obtaining or having modified any Consent which must be obtained or modified for the implementation of the Qualifying Variation which is the subject of that Variation Confirmation; and the other provisions of this Schedule, the Private Party shall be under a duty to implement a Qualifying Variation.

  • Upon the Variation Confirmation being issued and the Variation Memorandum referred to in paragraph 4.4.2 of this Part 1 becoming unconditional in all respects: the relevant Variation shall be a Qualifying Variation; and the rights and liabilities of the parties under this Agreement shall be construed accordingly.

  • Following the adjustment to calculate the new prices following a Qualifying Variation the Financial Model as adjusted in accordance with paragraph 2 (Objective of the General Procedure) of this Section 3 of Part 22 of the Schedule shall be the Financial Model for the purposes of this Agreement.


More Definitions of Qualifying Variation

Qualifying Variation either: (a) a change in the Works and/or the Services in respect of which either a Council Notice of Change or a Contractor Notice of Change has been served and, in the case of: (i) a Council Notice of Change, the Councils have confirmed the Estimate and, where the Contractor is not funding all or part of the required Capital Expenditure, the Councils have agreed to meet all or the remaining part (as appropriate) of such Capital Expenditure; or (ii) a Contractor Notice of Change, the change has been accepted by the Councils; or (b) a Qualifying Change in Law and in respect of which any documents or amendments to the Project Documents which are required to give effect to such change in the Works and/or the Services or Qualifying Change in Law have become unconditional in all respects;
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Qualifying Variation either:- (a) a change in the Works and/or Services in respect of which either an Authority Change Notice or a Contractor Change Notice has been served and, in the case of:- (i) an Authority Change Notice, the Authority has confirmed the estimate and, where the Contractor is not funding all or part of the Required Capital Expenditure, the Authority has agreed to meet all or the remaining part (as appropriate) of such Capital Expenditure; and (ii) a Contractor Notice of Change, the change has been accepted by the Authority; or (b) a Qualifying Change in Law, and in respect of which any documents or amendments to the Project Documents which are required to give effect to such change in the Works, Services, or Qualifying Change in Law become unconditional in all respects; “RDA” the Refuse Disposal (Amenity) Acx 0000; “Reclaimed Materials” separated materials suitable for Reuse, Recycling or Composting;
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Qualifying Variation means [ 21];
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Qualifying Variation means any Minor Variation, Authority Service Variation or Contractor Service Variation;
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Qualifying Variation means a Change in Asset Provision and/or Service Provision in respect of which a Notice of Change has been served and:
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Related to Qualifying Variation

  • Carrying Value means (a) with respect to a Contributed Property, the Agreed Value of such property reduced (but not below zero) by all depreciation, amortization and cost recovery deductions charged to the Partners’ and Assignees’ Capital Accounts in respect of such Contributed Property, and (b) with respect to any other Partnership property, the adjusted basis of such property for federal income tax purposes, all as of the time of determination. The Carrying Value of any property shall be adjusted from time to time in accordance with Sections 5.5(d)(i) and 5.5(d)(ii) and to reflect changes, additions or other adjustments to the Carrying Value for dispositions and acquisitions of Partnership properties, as deemed appropriate by the General Partner.

  • Closing Value means, as of a particular date, the value of a Share determined by the closing sales price for such Share (or the closing bid, if no sales were reported) as quoted on The New York Stock Exchange for the last market trading day prior to the date of determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable.

  • Service Variation has the meaning attributed to it in paragraph 7.1;

  • Heating Value means the heat released by combustion of one pound of waste or fuel measured in Btu on an as received basis. For solid fuels, the heating value shall be determined by use of ASTM Standard D2015-66.

  • Ending Value means the average of the values of the Basket at the close of the market on five business days shortly before the maturity date of the Notes. We may calculate the Ending Value by reference to fewer than five or even a single day's closing value if, during the period shortly before the maturity date of the Notes, there is a disruption in the trading of a sufficient number of stocks included in any Basket Index or certain futures or options contracts relating to a Basket Index.

  • Gross Heating Value means the total heat expressed in megajoules per cubic metre (MJ/m³) produced by the complete combustion at constant pressure of one (1) cubic metre of gas with air, with the gas free of water vapour and the temperature of the gas, air and products of combustion at standard temperature and all water formed by the combustion reaction condensed to the liquid state;

  • Relevant Potential Change of Control Announcement means any public announcement or statement by the Issuer, any actual or potential bidder or any adviser acting on behalf of any actual or potential bidder relating to any potential Change of Control where within 180 days following the date of such announcement or statement, a Change of Control occurs.

  • RI Closing Value means, in respect of a Reference Item and a ST Valuation Date, the Settlement Level (as defined in the Equity Linked Conditions) on such ST Valuation Date.

  • Qualifying Asset in relation to any Project Financing means:

  • Qualifying position means one or more jobs with one or more participating public em-

  • Qualifying exigency means a situation where the eligible employee seeks leave for one or more of the following reasons:

  • Qualifying week means the 15th week before the expected week of childbirth.

  • Qualifying loss means the amount of compensation attributable to a taxpayer’s nonqualified deferred compensation plan, less the receipt of money and property attributable to distributions from the nonqualified deferred compensation plan. Full loss is sustained if no distribution of money and property is made by the nonqualified deferred compensation plan. The taxpayer sustains a qualifying loss only in the taxable year in which the taxpayer receives the final distribution of money and property pursuant to that nonqualified deferred compensation plan.

  • Qualifying Property means a primary residence that a qualified applicant owned and occupied

  • Qualifying project means (i) any education facility, including, but not limited to a school building, any functionally related and subordinate facility and land of a school building (including any stadium or other facility primarily used for school events), and any depreciable property provided for use in a school facility that is operated as part of the public school system or as an institution of higher education; (ii) any building or facility that meets a public purpose and is developed or operated by or for any public entity; (iii) any improvements, together with equipment, necessary to enhance public safety and security of buildings to be principally used by a public entity; (iv) utility and telecommunications and other communications infrastructure; (v) a recreational facility; (vi) technology infrastructure and services, including, but not limited to, telecommunications, automated data processing, word processing and management information systems, and related information, equipment, goods and services; (vii) any technology, equipment, or infrastructure designed to deploy wireless broadband services to schools, businesses, or residential areas; or (viii) any improvements necessary or desirable to any unimproved locally- or state-owned real estate.

  • extended reduction (qualifying contributory benefits means a reduction under this scheme for which a person is eligible in accordance with paragraph 88 or 95;

  • Agreed Value of any Contributed Property means the fair market value of such property or other consideration at the time of contribution as determined by the General Partner. The General Partner shall use such method as it determines to be appropriate to allocate the aggregate Agreed Value of Contributed Properties contributed to the Partnership in a single or integrated transaction among each separate property on a basis proportional to the fair market value of each Contributed Property.

  • Nonqualifying Income means any amount that is treated as gross income for purposes of Section 856 of the Code and which is not Qualifying Income.

  • Qualifying contribution means, with respect to a

  • Variation means a change which is instructed by the Engineer/Employer under Sub-Clause 10.1.

  • Potential Change of Control Announcement means any public announcement or statement by the Issuer or by any actual or potential bidder or any designated adviser thereto relating to any specific or any near-term potential Change of Control (whereby "near-term" shall mean that such potential Change of Control is reasonably likely to occur, or is publicly stated by the Issuer or by any such actual or potential bidder or any such designated adviser to be intended to occur, within four months of the date of such announcement or statement).

  • Wasteload allocation or "wasteload" or "WLA" means the portion of a receiving surface water's loading or assimilative capacity allocated to one of its existing or future point sources of pollution. WLAs are a type of water quality-based effluent limitation.

  • Required Allocations means (a) any limitation imposed on any allocation of Net Losses or Net Termination Losses under Section 6.1(b) or 6.1(c)(ii) and (b) any allocation of an item of income, gain, loss or deduction pursuant to Section 6.1(d)(i), 6.1(d)(ii), 6.1(d)(iv), 6.1(d)(vii) or 6.1(d)(ix).

  • Disposable income means that part of the income due and payable of any individual remaining

  • Agreed Allocation means any allocation, other than a Required Allocation, of an item of income, gain, loss or deduction pursuant to the provisions of Section 6.1, including a Curative Allocation (if appropriate to the context in which the term “Agreed Allocation” is used).

  • SF1-4 Intrinsic Loss Estimate means total losses under this Single Family Shared-Loss Agreement in the amount of eleven million dollars ($11,000,000.00).