Regulatory Issue has the meaning set forth in Section 8.6.1.
Regulatory Issue means any matter involving interaction with a Regulatory Authority or compliance with regulatory requirements.
Regulatory Issue has the meaning set forth in Section 8.6.18.6(a) (Regulated Partner Matters.).
Examples of Regulatory Issue in a sentence
In the event of: (a) a Force Majeure, as defined in Article XVII, which is material to this Agreement, continuing, and cannot be promptly cured through the reasonable efforts of the Parties; or (b) a Regulatory change as defined in Article XIX, which cannot be promptly cured through the reasonable efforts of the Parties then either Party shall have the right to terminate the Agreement upon thirty (30) days written notice to the other, or such shorter notice as may be required by a Regulatory Issue.
The contract personnel should be well-versed in the use of nuclear power plant ASME B&PV Codes and Standards, Industry Guidance Documents, such as those of NEI, EPRI, NRC’s Regulatory Guides and NRC’s License Renewal Guidance Documents (such as NUREGs 1800, 1801, and 1950) Information Notice (IN), Regulatory Issue Summary (RIS), Generic Letter (GL), Generic Issue (GI) for licensing review by the NRC staff.
In the event the Regulatory Issue cannot be reasonably cured to the satisfaction of the affected Party, the Party so affected shall have the right to terminate the Agreement in accordance with Section 20.3.
Regulatory Issue Summary (RIS) 2011-12, “Adequacy of Station Electric Distribution System Voltages,” notes that the basis for degraded voltage protection requirements is 10 CFR Part 50, Appendix A, Criterion 17 (GDC-17) which requires transfer to the onsite power system if the offsite system is not available, e.g., if it is degraded.
If this agreement is terminated by Aerie for such a Regulatory Issue pursuant to Section 7.4 (i) or (ii), Aerie will pay to Cayman a Termination Fee per Section 7.8.1 save where such termination results from a Breach by Cayman of the terms of this Agreement.
More Definitions of Regulatory Issue
Regulatory Issue means a situation or event that would trigger any of the following: (i) the Company or any of the Subsidiaries becoming ineligible pursuant to Section 9(a) or 9(b) of the Investment Company Act to serve as an investment adviser (or in any other capacity contemplated by the Investment Company Act) to a registered investment company, including any action, proceeding or investigation pending or threatened by any Governmental Authority, which would result in the ineligibility of any of the Company or the Subsidiaries to serve in such capacities; (ii) the Company or any of the Subsidiaries becoming ineligible pursuant to Section 203(e) or (f) of the Investment Advisers Act to serve as an investment adviser or as an associated person of a registered investment adviser, as applicable, or to be subject to statutory disqualification with respect to membership or participation in, or association with a member of a self-regulatory organization as defined in Section 3(a)(39) of the Exchange Act or disqualification for any other reason pursuant to such act or similar provisions under other securities and commodities laws; (iii) any regulated Subsidiary having to disclose the occurrence or existence of any event referenced in the foregoing clause (i) or (ii), including, without limitation, disclosure required in any prospectus, Forms ADV or BD or any form required for licensing and registration as a commodity trading adviser or commodity pool operator under the Commodity Exchange Act, which disclosure could reasonably be expected to have an adverse effect on the Company or the Subsidiaries; (iv) the imposition of any “affiliated transactions” restrictions under Section 17 of the Investment Company Act on the Company or any of the Subsidiaries (other than any such restrictions arising from the Investor’s ownership of any equity of the Company) that would constitute a material burden on the Company and the Subsidiaries; or (v) an “assignment” of investment advisory contracts of the Company or any of the Subsidiaries under the Investment Company Act or the Investment Advisers Act, unless the Fund Board Approvals and Fund Shareholder Approvals have been obtained for such transaction.
Regulatory Issue has the meaning set forth in Section 3.7(b)(ii). “REIT” means a real estate investment trust under the Code.
Regulatory Issue has the meaning set forth in Section 5.16(a). "S-4 Registration Statement" has the meaning set forth in Section 5.10. "Satisfactory Regulatory Comfort" has the meaning set forth in Section 6.18. "SEC" means the U.S. Securities and Exchange Commission. "Securities Act" means the Securities Act of 1933, as amended from time to time. "Shareholders Agreement" has the meaning set forth in Section 6.5. "SMR" has the meaning set forth in the Recitals. "Superior Proposal" has the meaning set forth in Section 5.11(a). "Supplemental WVB Proposal" has the meaning set forth in Section 5.16(a). "Surviving Corporation" has the meaning set forth in the Recitals. "Tax" and "Taxes" mean any and all net income, gross income, gross receipts, sales, use, ad valorem, transfer, franchise, profits, license, withholding, payroll, employment, excise, estimated, stamp, occupation, premium, property, customs duty and other tax, fee, assessment, or similar charge of any kind whatsoever, together with interest and penalties, additions to the tax, and additional amounts imposed in connection with such tax by any Tax Authority, whether U.S. or foreign. "Tax Authority" has the meaning set forth in Section 3.11. "Tax Returns" means all returns (including information returns), reports, estimates, elections, declarations, statements, forms, requests for extensions of time, and other documents (including any schedule, exhibit, or any other attachment to such documents) relating to or required to be filed with any Tax Authority or any other Person pursuant to any federal, state or local law, whether U.S. or foreign. "Telcom" has the meaning set forth in Section 2.2.1(a). "Telcom Note" means the promissory note dated January 1, 1995 made by WVB to Telcom. "Termination Notice Date" has the meaning set forth in Section 2.4.3(b). "VSCA" has the meaning set forth in Section 2.1.1(a). "Working Capital Excess" has the meaning set forth in Section 2.5(b). "WVB" has the meaning set forth in the introductory paragraph. "WVB Affiliates" has the meaning set forth in the Recitals. "WVB Common Stock" has the meaning set forth in the Recitals. "WVB Group" means the "affiliated group" of corporations of which WVB is the "common parent" corporation (as those terms are used in Section 1504 of the Code) as determined immediately prior to the Closing Date and without regard to Section 1504(b)(3) (concerning foreign corporations). "WVB Optionholders" has the meaning set forth in Section 2.2.1(a). "WVB Options" ha...
Regulatory Issue means any set of facts or circumstances in which the ownership by an Investor (or its Permitted Transferees) or its equity holders, directly or indirectly, of any Units (i) gives rise to a material violation of applicable law, or gives rise to a reasonable belief by such Limited Partner (based on advice of counsel) that such violation will arise, (ii) gives rise to a limitation under applicable law that will impair materially the ability of such Limited Partner or its equity holders to conduct its business or gives rise to a reasonable belief by such Limited Partner (based on advice of counsel) that such a limitation will arise, or (iii) gives rise to a requirement under applicable law, including banking regulations and applicable securities laws, that such Units be Transferred to a third party.
Regulatory Issue means a situation or event that would trigger any of the following: (i) Parent or any of its Affiliates to be ineligible pursuant to Section 9(a) or 9(b) of the Investment Company Act to serve in any capacity referred to in Section 9(a) of the Investment Company Act with respect to a registered investment company; or (ii) Parent or any of its Affiliates to be ineligible pursuant to Sections 203(e) or (f) of the Investment Advisers Act to serve as a registered investment adviser or as an associated person of a registered investment adviser, as applicable.
Regulatory Issue shall arise in the event CEA determines (in its sole discretion) that, as a result of the application of the Bank Holding Company Act of 1956, as amended, or any other Regulatory Requirement to CEA or any of its Affiliates, the Class C Investors are not able to exercise the right to designate the Class C Director pursuant to clause (a) above.
Regulatory Issue means any set of facts or circumstances under which either party’s access to, provision of, or use of, the System results in a violation of any Law or gives rise to regulatory action, or a reasonable belief by a party to this Agreement that such a violation or regulatory action is likely to occur.