Receiving Entity definition

Receiving Entity means NERC or a Regional Entity receiving Confidential Information from an owner, operator, or user of the Bulk Power System or from any other party.

Receiving Entity means an entity that may receive Property from the Land Trust and that is (i) a registered Canadian charity that is in compliance or substantially in compliance with the Canadian Land Trust Standards and Practices (2019) or with the Guide des bonnes pratiques en intendance privée: aspects juridiques et organisationnels; (ii) a government department or agency, including a municipality or public body performing a function of government in Canada; or (iii) an Indigenous entity capable of holding title to land including a corporation controlled by an Indigenous entity.

Receiving Entity has the meaning assigned to such term in Section 5.01(a).

Examples of Receiving Entity in a sentence

• The type of Property interest secured by the Land Trust under this Agreement (such as Fee Simple title or conservation agreement) is to be owned or held exclusively and entirely by the Land Trust, without joint ownership, dilution or any form of shared ownership or control, except that shared or joint ownership with a Receiving Entity is permitted.

• In addition, any proposed transfer, sale or disposition of the Land Trust interest in Property shall only be considered for approval if: (i) it is to made in favour of a Receiving Entity as defined in this Agreement, and (ii) the Receiving Entity signs an assumption agreement satisfactory to WHC in which the Receiving Entity agrees to assume the obligations of the Land Trust and be bound by the terms of this Agreement.

More Definitions of Receiving Entity

Receiving Entity shall have the meaning provided in Section 10(b) of this Intercompany Subordination Agreement.

Receiving Entity means a party that has received a referral in accordance with the Referral Agreement;

Receiving Entity means an entity that may receive Property from the Land Trust and that is

Receiving Entity means an entity that will, following a withdrawal, provide to the withdrawn 605 area the service previously provided by the local district.

Receiving Entity means the group entity receiving the financial support.

Receiving Entity has the meaning assigned to such term in Section 2.04.

Receiving Entity has the meaning given to it in clause 20.6.1(iv) (Distressed Disposals) of the Borrower STID;