Section 160A-20 definition

Section 160A-20 means Section 160A-20 of the North Carolina General Statutes, as amended, or any successor provision of law.
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Section 160A-20 means Section 160A-20 of the North Carolina General Statutes, as
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Examples of Section 160A-20 in a sentence

  • BE IT RESOLVED by the North Carolina Local Government Commission that the application for approval of the Agreement and the financing contemplated thereby is hereby approved under the provisions of Section 160A-20 of the General Statutes of North Carolina and relevant resolutions of the Commission.

  • No deficiency judgment may be entered against the Town in violation of such Section 160A-20.

  • The indemnification arising under this Article shall continue in full force and effect notwithstanding the payment in full of all obligations under this Contract, subject only to the remedies allowable under Section 160A-20 of the North Carolina General Statutes, as amended.

  • Notwithstanding any other provision of this Contract, the parties intend that this transaction comply with North Carolina General Statutes Section 160A-20.

  • This Contract is an installment contract pursuant to Section 160A-20 of the General Statutes of North Carolina and a security agreement pursuant to Article 9 of Chapter 25 (the “Uniform Commercial Code - Secured Transactions”) of the General Statutes of North Carolina.

  • CITY OF DURHAM, NORTH CAROLINA [SEAL] By: Xxxxx Xxxx Finance Director PNC BANK, NATIONAL ASSOCIATION By: Name: Title: [SIGNATURE PAGE TO THE INSTALLMENT FINANCING CONTRACT, DATED AS OF APRIL 15, 0000, XXXXXXX XXX XXXX XX XXXXXX, XXXXX XXXXXXXX AND PNC BANK, NATIONAL ASSOCIATION] CERTIFICATE OF LOCAL GOVERNMENT COMMISSION The foregoing Installment Financing Contract has been approved under the provisions of Section 160A-20 and Article 8 of Chapter 159 of the General Statutes of North Carolina, as amended.

  • After consideration, the Board has determined that the most advantageous manner of financing the Project is by an installment contract pursuant to Section 160A-20 of the General Statutes of North Carolina, as amended.

  • Notwithstanding any other provisions herein, it is the intent of the parties hereto to comply with Section 160A-20 of the General Statutes of North Carolina, as amended.

  • This Note is intended to constitute a contract under Section 160A-20 of the General Statutes of North Carolina.

  • These agreements were made with United Carolina Bank, pursuant to the authorization of Section 160A-20 of the General Statutes; andWHEREAS, Branch Banking and Trust Company (“BB&T”) is the corporate successor to United Carolina Bank.

Related to Section 160A-20

  • Section 1110 means Section 1110 of the Bankruptcy Code.

  • Section 16 means Section 16 of the Exchange Act and the rules promulgated thereunder and any successor provision thereto as in effect from time to time.

  • Section 102 means Section 102 of the Ordinance and any regulations, rules, orders or procedures promulgated thereunder as now in effect or as hereafter amended.

  • Article 55 BRRD means Article 55 of Directive 2014/59/EU establishing a framework for the recovery and resolution of credit institutions and investment firms.

  • Section 404 means Section 404 of the Sarbanes-Oxley Act of 2002 and the SEC’s rules and regulations promulgated thereunder.

  • Section 504 means section 504 of the Act.

  • Section 502(b)(10) changes means changes that contravene an express permit term or condition. Such changes do not include changes that would violate applicable requirements or contravene federally enforceable permit terms and conditions that are monitoring (including test methods), recordkeeping, reporting, or compliance certification requirements.

  • Section means a section of the Act.

  • Section 162(m) of the Code means the exception for performance-based compensation under Section 162(m) of the Code and any applicable treasury regulations thereunder.

  • SPECIAL RULES SET FORTH BELOW. IN THE EVENT OF ANY INCONSISTENCY, THE SPECIAL RULES SHALL CONTROL. JUDGMENT UPON ANY ARBITRATION AWARD MAY BE ENTERED IN ANY COURT HAVING JURISDICTION. ANY PARTY TO THIS AGREEMENT MAY BRING AN ACTION, INCLUDING A SUMMARY OR EXPEDITED PROCEEDING, TO COMPEL ARBITRATION OF ANY CONTROVERSY OR CLAIM TO WHICH THIS AGREEMENT APPLIES IN ANY COURT HAVING JURISDICTION OVER SUCH ACTION.

  • Section 4(2) shall have the meaning set forth in the recitals of this Agreement.

  • POPI Act means the Protection of Personal Information Act, 4 of 2013;

  • NASAA means the North American Securities Administrators Association, Inc.

  • TIA means the Trust Indenture Act of 1939 (15 U.S. Code §§ 77aaa-77bbbb) as in effect on the date of this Indenture; provided, however, that in the event the Trust Indenture Act of 1939 is amended after such date, “TIA” means, to the extent required by any such amendment, the Trust Indenture Act as so amended.

  • Subparagraph means a portion of this Consent Decree identified by a lower case letter or an arabic numeral in parentheses.

  • the applicable data protection law means the legislation protecting the fundamental rights and freedoms of individuals and, in particular, their right to privacy with respect to the processing of personal data applicable to a data controller in the Member State in which the data exporter is established;

  • National Pollutant Discharge Elimination System (NPDES) means the national program for issuing, modifying, revoking and reissuing, terminating, monitoring, and enforcing permits and imposing and enforcing pretreatment requirements, under Sections 307, 318, 402, and 405 of CWA. The term includes an approved program.

  • (B) For purposes of subparagraph (A), the term ap- plicable interest rate’ means the interest rate which would be used (as of the date of the distribution) by the Pension Benefit Guaranty Corporation for purposes of determining the present value of a lump sum distribu- tion on plan termination.’’

  • Section 8 means Section 8(c)(2)(A) of the United States Housing Act of 1937, as amended.

  • Rule 15c2-12 means Rule 15c2-12 under the Securities Exchange Act of 1934, as amended through the date of this Undertaking, including any official interpretations thereof.

  • Change in Control Protection Period means the period commencing on the date a Change in Control occurs and ending on the first anniversary of such date.

  • National Pollutant Discharge Elimination System means the national program for issuing, modifying, revoking and reissuing, terminating, monitoring and enforcing permits, and imposing and enforcing pretreatment requirements under Sections 307, 402, 318, and 405 of the Clean Water Act.

  • National Pollutant Discharge Elimination System Permit or “NPDES” means a permit issued by the MPCA as required by federal law for the purpose of regulating the discharge of pollutants from point sources into waters of the United States from concentrated animal feeding operations (CAFOs) as defined by federal law

  • similar stage of construction means the stage at which:

  • Applicable Data Protection Law means all data privacy or data protection laws or regulations globally that apply to the Processing of Personal Information under this Data Processing Agreement, which may include Applicable European Data Protection Law.

  • 11 Generally Accepted Accounting Principles" or "GAAP"....................................11 "Global Securities".....................................................................12 "Guarantee".............................................................................12 "Guaranteed Debt".......................................................................12 "Guarantor".............................................................................12 "Holder"................................................................................12 "Indebtedness"..........................................................................12 "Indenture".............................................................................13 "Indenture Obligations".................................................................13 "Initial Purchasers"....................................................................13 "Interest Payment Date".................................................................13 "Interest Rate Agreements"..............................................................13 "Inventory Facility"....................................................................14 "Investment"............................................................................14 "Issue Date"............................................................................14 "Lien"..................................................................................14 "Liquidated Damages"....................................................................14 "Manufacturer"..........................................................................15 "Maturity"..............................................................................15 "Moody's"...............................................................................15 "Net Cash Proceeds".....................................................................15 "Non-U.S. Person".......................................................................16 "Officers' Certificate".................................................................16 "Opinion of Counsel"....................................................................16 "Opinion of Independent Counsel"........................................................16 "Outstanding"...........................................................................16 "Pari Passu Indebtedness"...............................................................17 "Paying Agent"..........................................................................17 "Permitted Guarantor Junior Payment"....................................................17 "Permitted Holders".....................................................................17 "Permitted Investment"..................................................................18 "Permitted Junior Payment"..............................................................19 "Permitted Subsidiary Preferred Stock"..................................................19 "Person"................................................................................19 "