Reserve Matters definition

Reserve Matters. “Reserve Matters” will consist of all resolutions relating to the Trust Indenture or to the Securities and resulting in: • a change to an interest payment date or a principal payment date in respect of the Securities, • a reduction of the principal amount of the Securities, • a reduction in the interest rate or the amount of interest payable in respect of the Securities, including interest on past due amounts, • a change in the amortization schedule for the principal of the Securities, • a change to the terms and conditions relating to the payment of any Additional Amounts in respect of the Securities, • a waiver of an Event of Default resulting from a failure to pay principal, interest or additional amounts owed to Holders, • a change in the currency in which the Securities are denominated, • a change to the majority requirement relating to the adoption of Reserve Matters, • a change to the law governing the Securities or the Trust Indenture, • a change to submission to jurisdiction of the New York courts, • a change to the requirement to maintain an agent in New York and Paris for purposes of receiving service of process, • a change to the Republic's waiver of sovereign immunity, • a change to the pari passu status of the Securities, • an authorization of the Trustee, on behalf of all Holders of the Securities, to mandatorily exchange or substitute all the Securities for, or convert all the Securities into, other obligations or securities of the Republic or any other entity, • a change to the definition of Outstanding or Outstanding Principal Amount, or of the use in the terms of the Securities or in the Trust Indenture of the expressionsowned directly or indirectly by the Republic” or “owned directly or indirectly by the Republic or by a Governmental Entity”, and • a change of the definition of Reserve Matters.
Reserve Matters shall have the meaning set forth in Section 11.8.
Reserve Matters means, inter alia, matters under the Declaration of Trust relating to Security, Secured Properties, Security Documents, Buy Out Prices, Buy Out Price Payment Dates, partial release/vacation of the Security, collection mechanism under the Collection Agreement, any relaxations or concessions given in matters relating to compliance of financial covenants, change of Sponsor, Sponsor Change Redemption, Dissolution Events, Potential Dissolution Events, provisions for meetings of Sukuk Holders and/or any amendment in any of the Sukuk Documents in relation to the Reserve Matters, including the definition of “Reserve Matters”

Examples of Reserve Matters in a sentence

  • This is a group of Committee Members whose role is to consider in greater detail any issues arising from Brunel Pension Partnership with Officers, for example Reserve Matters, papers to be discussed at BOB.

  • Assistants to the Chairman for National Guard and Reserve Matters.

  • Subject to only Section 8.9 and the Board Reserve Matters, at any Board meeting each Board member shall have one (1) vote and, except where unanimity is otherwise required, all decisions at Board meetings shall be taken by at least simple majority of the votes of the Board members present and entitled to vote.

  • No quorum is required for resolutions relating to Reserve Matters.

  • Churn, Assistant to the Chairman of the Joint Chiefs of Staff for Reserve Matters; Brig.

  • Programme/ProjectStatus of ReturnSwansea WaterfrontComplete - No ChangeSwansea CampusesComplete - No changeSILCGComplete - No ChangeSkills and TalentNil return - not currently a direct issueYr Egin Phase 2Nil return - current review of delivery strategy and strategic alignment will complete within next few months once strategy complete andapproved.Pentre AwelComplete - 1 Risk removed around delays inobtaining Reserve Matters approval.PDMComplete and updated.

  • The Reserve Matters application approved the design, layout and landscape for 74 units on the site, the revised application proposals closely follow the overall road and open space layout of the approved scheme with the additional dwellings accommodated on the same built area in a denser format.

  • Subject to item 2 of the Reserve Matters, if the Company makes any offer, issuance and allotment of new Shares, or other securities convertible or exchangeable into Shares, the Shareholders shall have the right to subscribe to newly issued capital of the Company in proportion to their respective shareholding percentage in the Company, on terms and conditions mutually agreeable to all Shareholders.

  • It is considered that Reserve Matters also do not require an EIA for the reasons specified by the SoS.

  • Subject to item 9 of the Reserve Matters, the Board may upon resolution establish such committees which will report to the Board, elect, replace and substitute committee members, and delegate such authorities to the committees from time to time as it sees fit.


More Definitions of Reserve Matters

Related to Reserve Matters

  • staff matters means the remuneration, conditions of service, promotion, conduct, suspension, dismissal or retirement of staff;

  • Environmental Conditions means any conditions of the environment, including, without limitation, the work place, the ocean, natural resources (including flora or fauna), soil, surface water, ground water, any actual or potential drinking water supply sources, substrata or the ambient air, relating to or arising out of, or caused by the use, handling, storage, treatment, recycling, generation, transportation, Release or threatened Release or other management or mismanagement of Regulated Substances resulting from the use of, or operations on, the Property.

  • Environmental Compliance Reserve means any reserve which the Agent establishes in its reasonable discretion after prior written notice to the Borrower from time to time for amounts that are reasonably likely to be expended by the Borrower in order for the Borrower and its operations and property (a) to comply with any notice from a Governmental Authority asserting material non-compliance with Environmental Laws, or (b) to correct any such material non-compliance identified in a report delivered to the Agent and the Lenders pursuant to Section 7.7.

  • Day-ahead Scheduling Reserves Resources means synchronized and non-synchronized generation resources and Demand Resources electrically located within the PJM Region that are capable of providing Day-ahead Scheduling Reserves.

  • Indemnity Matters means any and all actions, suits, proceedings (including any investigations, litigation or inquiries), claims, demands and causes of action made or threatened against a Person and, in connection therewith, all losses, liabilities, damages (including, without limitation, consequential damages) or reasonable costs and expenses of any kind or nature whatsoever incurred by such Person whether caused by the sole or concurrent negligence of such Person seeking indemnification.

  • Environmental Costs and Liabilities means any and all losses, liabilities, obligations, damages, fines, penalties, judgments, actions, claims, costs and expenses (including, without limitation, fees, disbursements and expenses of legal counsel, experts, engineers and consultants and the costs of investigation and feasibility studies and remedial activities) arising from or under any Environmental Law or order or contract with any Governmental Authority or any other Person.

  • Day-ahead Scheduling Reserves Requirement means the sum of Base Day-ahead Scheduling Reserves Requirement and Additional Day-ahead Scheduling Reserves Requirement.

  • Resource Adequacy Rulings means CPUC Decisions 00-00-000, 00-00-000, 00-00-000, 06- 06-024, 00-00-000 and any subsequent CPUC ruling or decision, or any other resource adequacy laws, rules or regulations enacted, adopted or promulgated by any applicable Governmental Authority, as such CPUC decisions, rulings, laws, rules or regulations may be amended or modified from time to time during the Term.

  • Resource Adequacy Requirements has the meaning set forth in Section 3.3.

  • Reserved Matters has the meaning given in Clause ‎5.1.2.

  • Regulatory Capital Requirements means any applicable capital resources requirement or applicable overall financial adequacy rule required by the Relevant Regulator, as such requirements or rule are in force from time to time;

  • General air quality operating permit or "general permit" means an air quality operating permit that meets the requirements of ARM 17.8.1222, covers multiple sources in a source category, and is issued in lieu of individual permits being issued to each source.

  • Environmental, Health and Safety Liabilities means any cost, damages, expense, liability, obligation or other responsibility arising from or under any Environmental Law.

  • Capital Requirements means, as to any person, any matter, directly or indirectly, (i) regarding capital adequacy, capital ratios, capital requirements, the calculation of such person’s capital or similar matters, or (ii) affecting the amount of capital required to be obtained or maintained by such person or any person controlling such person (including any direct or indirect holding company), or the manner in which such person or any person controlling such person (including any direct or indirect holding company), allocates capital to any of its contingent liabilities (including letters of credit), advances, acceptances, commitments, assets or liabilities.

  • Pre-existing Medical Condition means any condition which:

  • Excluded Matters has the meaning given in Section 6.3.

  • Adverse Environmental Condition shall refer to (i) the existence or the continuation of the existence, of an Environmental Emission (including, without limitation, a sudden or non-sudden accidental or non-accidental Environmental Emission), of, or exposure to, any substance, chemical, material, pollutant, Contaminant, odor or audible noise or other release or emission in, into or onto the environment (including, without limitation, the air, ground, water or any surface) at, in, by, from or related to any Equipment, (ii) the environmental aspect of the transportation, storage, treatment or disposal of materials in connection with the operation of any Equipment or (iii) the violation, or alleged violation of any statutes, ordinances, orders, rules regulations, permits or licenses of, by or from any governmental authority, agency or court relating to environmental matters connected with any Equipment.

  • Environmental Costs any and all costs or expenses (including attorney’s and consultant’s fees, investigation and laboratory fees, response costs, court costs and litigation expenses, fines, penalties, damages, settlement payments, judgments and awards), of whatever kind or nature, known or unknown, contingent or otherwise, arising out of, or in any way relating to, any actual or alleged violation of, noncompliance with or liability under any Environmental Laws. Environmental Costs include any and all of the foregoing, without regard to whether they arise out of or are related to any past, pending or threatened proceeding of any kind.

  • Particulate matter emissions (PM) means the mass of any particulate material from the vehicle exhaust quantified according to the dilution, sampling and measurement methods as specified in this UN GTR.

  • Environmental Requirements means all Laws and requirements relating to human, health, safety or protection of the environment or to emissions, discharges, releases or threatened releases of pollutants, contaminants, or Hazardous Materials in the environment (including, without limitation, ambient air, surface water, ground water, land surface or subsurface strata), or otherwise relating to the treatment, storage, disposal, transport or handling of any Hazardous Materials.

  • Day-ahead Scheduling Reserves means thirty-minute reserves as defined by the ReliabilityFirst Corporation and SERC.

  • Supplemental Conditions means those terms and conditions, if included in the Agreement by mutual written agreement of the Parties, which add to or modify the Agreement and are incorporated by reference as if fully set forth in the Agreement. In the case of a conflict between the Supplemental Conditions and the Agreement, the Supplemental Conditions shall prevail.

  • Environmental Condition means any condition or circumstance, including the presence of Hazardous Substances which does or would (i) require assessment, investigation, abatement, correction, removal or remediation under any Environmental Law, (ii) give rise to any civil or criminal Liability under any Environmental Law, (iii) create or constitute a public or private nuisance or (iv) constitute a violation of or non-compliance with any Environmental Law.

  • Environmental pollution means the contaminating or rendering unclean or impure the air, land or waters of the state, or making the same injurious to public health, harmful for commer- cial or recreational use, or deleterious to fish, bird, animal or plant life.

  • Environmental Matter means any past, present or future activity, event or circumstance in respect of the environment, health or safety including the Release of any Hazardous Substance including any substance which is hazardous to Persons, animals, plants, or which has a detrimental effect on the soil, air or water, or the generation, treatment, storage, use, manufacture, holding, collection, processing, treatment, presence, transportation or disposal of any Hazardous Substances.

  • Environmental Matters means any matter arising out of or relating to health and safety, or pollution or protection of the environment or workplace, including any of the foregoing relating to the presence, use, production, generation, handling, transport, treatment, storage, disposal, distribution, discharge, release, control or cleanup of any Hazardous Substance.