Replacement Option 2 definition

Replacement Option 2 means the replacement option 2 requirements in relation to minimum eligible counterparty ratings and collateral as detailed in the S&P Criteria.
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Replacement Option 2 means the replacement option 2 requirements in relation to collateral posting as detailed in the S&P Criteria in accordance with Part 5(f)(iv) of the Schedule.
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Replacement Option 2 means "Replacement Option 2" as referred to in the S&P Minimum Eligible Counterparty Rating Matrix;
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Examples of Replacement Option 2 in a sentence

  • Replacement Option 2 comprised a route to the north of Kingsferry Bridge and south of the Sheppey Crossing bridge.

  • Replacement Option 2 provided for a new pipeline to be drilled beneath the Swale onto the Isle of Sheppey to the north of Sheppey Way.

  • Replacement Option 2 applies, the below table: S&P Volatility Buffer/Replacement Option 2/" A+ and below "/Single-Currencycolumn 1Swap tenor--weighted- average life (years)column 2Fixed to floating (%)column 3Floating to floating (%)Up to 32.11Greater than 3 and less than2.41.2or equal to 5 Greater than 5 and less than2.71.4or equal to 10 Greater than 10 and less than2.91.5or equal to 15 Greater than 153.21.7 (ii) Demands and Notices.

  • Figure 1: Timber Replacement Option 2: Concrete Deck Replacement – This is a concrete surface deck that requires 8 additional piles to be installed into the channel to support the additional weight of concrete.The Concrete deck does not come with a warranty as the substructure is being reused and the existing piles will determine the life of the structure.

  • Approve a fifteen-year lead service connection replacement program (Replacement Option 2), with a target completion year of 2036.

  • Innovative solu- tions that go beyond crypto-currencies such as Bitcoin may have the potential for fundamentally changing society and we might witness right now the dawn of cryptographically secured trust-free transactions economy.

  • Replacement Option 2, consisting of transverse timber decking on longitudinal timber stringers supported by transverse timber beams utilizes small superstructure elements that will be slightly easier to construct, maintain and lower in cost than Replacement Option 1.

Related to Replacement Option 2

  • Replacement Option means an Option that is granted when a Participant uses a Common Share held or to be acquired by the Participant to exercise an Option and/or to satisfy tax withholding requirements incident to the exercise of an Option.

  • Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;

  • Option 2 [_] An amount equal to the sum of ________% of the portion of such Contributing Participant's Elective Deferral (and/or Nondeductible Employee Contribution, if applicable) which does not exceed ________% of the Contributing Participant's Compensation plus ________% of the portion of such Contributing Participant's Elective Deferral (and/or Nondeductible Employee Contribution, if applicable) which exceeds ________% of the Contributing Participant's Compensation.

  • Investment Option means any of the guaranteed investments and variable investment funds available under the Plan.

  • Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.

  • Replacement Award means an Award granted in assumption of, or in substitution for, an outstanding award previously granted by a company or business acquired by the Company or with which the Company, directly or indirectly, combines.

  • Parent Option means an option to purchase shares of Parent Common Stock.

  • Option 1 [X] Yes, but only with respect to a Contributing Participant's Elective Deferrals.

  • Option 3 [ ] A Participant satisfies the Plan's Early Retirement Age conditions by attaining age ________ (not less than 55) and completing ________ Years of Vesting Service.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Director Option means an Option granted pursuant to Section 6.

  • Replacement unit means a landfill, surface impoundment, or waste pile unit (1) from which all or substantially all of the waste is removed, and (2) that is subsequently reused to treat, store, or dispose of hazardous waste. “Replacement unit” does not apply to a unit from which waste is removed during closure, if the subsequent reuse solely involves the disposal of waste from that unit and other closing units or corrective action areas at the facility, in accordance with an approved closure plan or EPA or State approved corrective action.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Replacement Benchmark means a benchmark rate which is:

  • Investment Options means the investment options, as determined from time to time by the Committee, used to credit earnings, gains and losses on Account balances.

  • Substitute Option means an Option granted in substitution for, or upon the conversion of, an option granted by another entity to purchase equity securities in the granting entity.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Non-Electing Share has the meaning specified in Section 12.11.

  • 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;

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Aggregate Option Exercise Price means an amount equal to the aggregate dollar amount of the exercise price on all Company Options outstanding immediately prior to the Effective Time.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Interest Option has the meaning given such term in Section 2.5(c).

  • Replacement Candidate means any Candidate Introduced by the Agency to the Client to fill the Engagement following the Introduction of another Candidate whose Engagement either did not commence or was terminated during the first 12 weeks of the Engagement;