replacement grant definition

replacement grant means an option that a reasonable person would consider to be granted in relation to a prior or potential cancellation of an option;
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replacement grant means the grant of an option or SAR reasonably related to any prior or potential cancellation of an option or SAR;
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replacement grant means the grant of an option reasonably related to any prior or potential cancellation of an option;
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More Definitions of replacement grant

replacement grant means a grant from either of: (a) the Clean Commercial Vehicles Fund; or (b) the Clean Taxi Fund (which relates to private hire vehicles and hackney carriages/licensed taxis) and which may relate to the grant-only or combined grant/finance options, and "Replacement Grants" shall be construed accordingly.
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replacement grant means a lump sum which You can use at a Dealership recognised by TfGM to help purchase a Compliant Vehicle.
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replacement grant means a grant payable under Article 73 of the 1992 Order;
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replacement grant has the meaning specified in Section 3.05(f).
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Related to replacement grant

  • Investment Grade means a rating of Baa3 or better by Moody’s (or its equivalent under any successor rating categories of Moody’s); a rating of BBB- or better by S&P (or its equivalent under any successor rating categories of S&P); and the equivalent investment grade credit rating from any additional Rating Agency or Rating Agencies selected by the Company.

  • Replacement shall have the meaning assigned to it in Section 4.8.

  • Substitution Event means, in respect of a Share, any Nationalization, Insolvency or Delisting in respect of such Share, or any Merger Event or Tender Offer in respect of such Share that is deemed by the Calculation Agent to be a Substitution Event, or an occurrence and continuation for at least eight consecutive applicable Exchange Business Days of a Market Disruption Event in respect of such Share.