Scheme Default definition

Scheme Default means in relation to any Firm Scheme the occurrence of any of the following:
Scheme Default has the meaning given to it in Condition 3.1;
Scheme Default has the meaning given to it in Clause 9.1 ;

Examples of Scheme Default in a sentence

  • Where the Scheme Default is of the type described in sub-paragraphs(a) (c) and (f), the Grant Recipient will always be afforded an opportunity to remedy the default within a reasonable or specified period, provided that such action would not materially and adversely affect the delivery of the Firm Scheme and/or the Agency's spend profile.

  • This Agreement is for an initial term set out in Schedule “B” (the “Term”) and is deemed to be automatically renewed for a further and the same term upon payment by the Customer of the renewal invoice, subject to termination under Section 10.

  • Where the Scheme Default is of the type described in sub-paragraphs (a) (c) and (f), the Grant Recipient will always be afforded an opportunity to remedy the default within a reasonable or specified period, provided that such action would not materially and adversely affect the delivery of the Firm Scheme and/or Homes England's spend profile.

  • The requesting of Council Tax Support backdating will be as defined in Regulation 109 for Pensioners and Regulation 110 for Working Age Claimants of The Council Tax Reduction Scheme (Default Scheme) Regulations 2013 (or any statutory modification thereof for the time being in force).

  • Default Plan:Investors are requested to note the following scenarios for the applicability of “Direct Plan or Regular Plan” for valid applications received under the Scheme: Default Plan(Regular Plan / Direct Plan)Scenarios for applicability of the Default Plan Investors applying through the ASBA facility should carefully read the applicable provisions before making their application.

  • If a Firm Scheme Default is within 9.1.2, 9.1.3, 9.1.5, 9.1.6, 9.1.8, 9.1.9 or 9.1.10 the Council may immediately terminate this Agreement.

  • The ‘default scheme’ is the scheme prescribed in the Schedule to the Council Tax Reduction Scheme (Default Scheme) (England) Regulations 2012 SI No 2886, including any subsequent amendment to those Regulations or any re-enactment thereof, with or without amendments.

  • A Scheme Default will entitle the Agency to: (a) terminate the Contract in relation to the relevant Scheme; (b) withhold all capital grant then due to the Grant Recipient in relation to that Firm Scheme; and (c) re-allocate the balance of the Firm Scheme Grant.

  • Made 16th November 2012Laid before Parliament 22nd November 2012 Coming into force 18th December 2012 - (2) The Secretary of State made the Regulations in exercise of the powers conferred by section 113(1) and (2) of, and paragraph 4 of Schedule 1A to, the Local Government Finance Act 1992- (3) This scheme relates to the financial year beginning with 1st April 2013 and may be cited as the Council Tax Reduction Scheme (Default Scheme) 2013.

  • Students entered their names on the card and returned them to the instructor for redistribution when the post-survey was distributed.

Related to Scheme Default

  • Default Event means an event or circumstance which leads Operator to determine that a Venue User is or appears to be unable or likely to become unable to meet its obligations in respect of an Order or Transaction or to comply with any other obligation under an Agreement or Applicable Law.

  • Potential Default means an event which but for the lapse of time or the giving of notice, or both, would constitute an Event of Default.

  • Default Notice means the written notice of Default of the Agreement issued by one Party to the other.

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • MI Default has the meaning given to it in paragraph 6.1 of Framework Schedule 9 (Management Information);

  • Material Event of Default means any Event of Default arising under Section 10.01(a), 10.01(b) (solely with respect to a default related to Section 8.01, 8.20 or 9.13), 10.01(f), 10.01(i), 10.01(j), 10.01(n) or 10.01(o).

  • Preliminary Default Notice shall have the meaning ascribed thereto in Article 13 of this Agreement;