Replacement Provision definition

Replacement Provision has the meaning given to it in Section 1.11(c); "Reportable Events" means the following:
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Examples of Replacement Provision in a sentence

  • The Fire Authority holds an Equipment Replacement Provision, which is designed to smooth expenditure on operational equipment currently charged to the Comprehensive Income and Expenditure Statement.

  • Replacement DER Has the meaning given to it in Section 8.2. Replacement Provision Has the meaning given to it in Section 1.8. Representative With respect to a Party, such Party's directors, officers, employees, general partners, agents and consultants (including legal advisors, financial advisors, accountants and advisors performing audit or inspection services) and with respect to the DSO only, includes its shareholder, and those individuals at Util-Assist Ltd.

  • Prevention of Significant Deterioration (PSD) and Nonattainment New Source Review (NSR): Equipment Replacement Provision of the Routine Maintenance, Repair and Replacement Exclusion; Stay, 69 Fed.

  • The entire provision concerns cyclical restoration and maintenance at the Venice and Treviso airports.The Replacement Provision is updated based on a technical evaluation of the estimated future charges relating to the maintenance of the assets which will be returned free at the end of the concession and is utilised based on the maintenance undertaken during the period.

  • The provisions range from cancellation to Guaranteed Replacement Provision, etc.

  • Third, Nationwide argues that the “law of the case” doctrine prevented the Superior Court from finding that Nationwide breached the Replacement Provision because the Superior Court, in an earlier opinion written by a different judge, found that there was no basis for a claim that Nationwide breached the Replacement Provision and dismissed that claim.

  • The various accumulated funds represent the following:- Designated Fund: An unrestricted fund with the specific purpose of funding the building and development of Willow Wood Hospice and includes £100,000 as a Support Grant (enhanced by interest generated on the funds specifically invested for these purposes) and £462,000 as an Asset Replacement Provision.

  • It is possible that utilities were confident that a Bush Administration would interpret NSR less strictly and did not need the detailed policy statement in the Equipment Replacement Provision to signal that the cost of investing in their Not Scrubbed plants had again fallen.

  • In addition, the terms of the General Benchmark Replacement Provision Notes expressly authorize the Issuer or its designee (which may be the Issuer’s affiliate), after consulting with the Issuer, in connection with a General Benchmark Replacement to make General Benchmark Replacement Conforming Changes with respect to, among other things, the determination of Interest Periods and the timing and frequency of determining rates and making payments of interest and other administrative matters.

  • Almost the entire provision concerns cyclical restoration and maintenance at the Venice and Treviso airports.The Replacement Provision is updated based on a technical evaluation of the estimated future charges relating to the maintenance of the assets which will be returned free at the end of the concession and is utilised based on the maintenance undertaken during the period.

Related to Replacement Provision

  • Replacement Provider has the meaning set forth in Section II.D.1.

  • Arrangement Provisions means Part 9, Division 5 of the BCBCA;

  • Replacement Property means any property which is placed in service as a replacement for any item of Equipment or any Improvement previously subject to this Fee Agreement regardless of whether such property serves the same functions as the property it is replacing and regardless of whether more than one piece of property replaces any item of Equipment or any Improvement to the fullest extent that the FILOT Act permits.

  • Replacement Agreement shall have the meaning set forth in Paragraph 2(b) hereof.

  • Adjustment Provisions means all relevant provisions of these Conditions which provide for any adjustment, delay, modification, cancellation or determination in relation to an Index, the valuation procedure for an Index or the Preference Shares. This shall include the provisions of Condition 11 (Calculation Agent Modifications) and all subsequent Conditions.

  • relevant provision means a provision in any subordinate legislation made under the Act or made, in connection with the Act or such provision, under any other enactment;

  • Replacement Airframe means an Airbus A321 aircraft or a comparable or improved model of Manufacturer (except (a) Engines or engines from time to time installed thereon and any and all Parts related to such Engine or engines and (b) Excluded Equipment), that shall have been made subject to the Lien of the Indenture pursuant to Section 7.05 thereof, together with all Parts relating to such aircraft.

  • Relevant Provisions means, in respect of the Determination Agent, the provisions of the Determination Agency Agreement, the Trust Deed, and the Conditions.

  • Mandatory Trigger Provision means, as to any Qualifying Capital Securities, provisions in the terms thereof or of the related transaction agreements that:

  • Enhancement Provider means the Person providing any Enhancement as designated in the applicable Series Supplement.

  • Replacement Reserve Agreement means a Replacement Reserve and Security Agreement, reasonably required by the Lender, and completed in accordance with the requirements of the DUS Guide.

  • Replacement Aircraft means the Aircraft of which a Replacement Airframe is part.

  • ESG Pricing Provisions has the meaning specified in Section 2.18.

  • Surviving Provisions has the meaning specified in Section 10.02.

  • Notice of Replacement Subordination Agent has the meaning specified in Section 3.08.

  • Replacement Price means the price, determined by Buyer in a commercially reasonable manner, at which Buyer purchases (if at all) substitute SRECs having the same or subsequent Reporting Year as those SRECs not delivered by Seller for the deficiency or, absent such a purchase, the Market Price for such quantity of SRECs at or during the time that Seller fails to deliver the SRECs, provided that the Market Price shall never exceed the solar alternative compliance payment.

  • Collateral Access Agreement means a landlord waiver, bailee letter, or acknowledgement agreement of any lessor, warehouseman, processor, consignee, or other Person in possession of, having a Lien upon, or having rights or interests in the Equipment or Inventory, in each case, in form and substance satisfactory to Lender.

  • Counterparty Downgrade Collateral Account means an interest-bearing account of the Issuer with the Custodian into which all Counterparty Downgrade Collateral is to be deposited.

  • Replacement Capital Covenant has the meaning specified in the introduction to this instrument.

  • Independent provider means a self-employed person who provides services for which he or she must be certified in accordance with rule 5123:2-2-01 of the Administrative Code and does not employ, either directly or through contract, anyone else to provide the services.

  • Enhancement Agreement means any agreement, instrument or document governing the terms of any Series Enhancement or pursuant to which any Series Enhancement is issued or outstanding.

  • Replacement Management Agreement means, collectively, (a) either (i) a management agreement with a Qualified Manager substantially in the same form and substance as the Management Agreement, or (ii) a management agreement with a Qualified Manager, which management agreement shall be reasonably acceptable to Lender in form and substance, provided, with respect to this subclause (ii), Lender, at its option, may require that Borrower shall have obtained prior written confirmation from the applicable Rating Agencies that such management agreement will not cause a downgrade, withdrawal or qualification of the then current rating of the Securities or any class thereof and (b) an assignment of management agreement and subordination of management fees substantially in the form then used by Lender (or of such other form and substance reasonably acceptable to Lender), executed and delivered to Lender by Borrower and such Qualified Manager at Borrower’s expense.

  • Replacement Liquidity Provider has the meaning set forth in the Intercreditor Agreement.

  • Replacement Liquidity Facility Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".

  • Substitute Credit Support has the meaning specified in Paragraph 4(d)(i).

  • 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.