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;

replacement grant means the grant of an option or SAR reasonably related to any prior or potential cancellation of an option or SAR;

replacement grant means the grant of an option reasonably related to any prior or potential cancellation of an option;

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.

replacement grant means a lump sum which You can use at a Dealership recognised by TfGM to help purchase a Compliant Vehicle.

replacement grant means a grant payable under Article 73 of the 1992 Order;

replacement grant has the meaning specified in Section 3.05(f).