Significant Action definition

Significant Action means, with respect to any Designated Entity, any of the following:

Significant Action means (a) an Exchange action or Rule change which addresses an "emergency" as defined in CFTC Regulation 40.1(h); or (b) any change in Exchange performance bond levels that is designed to respond to extraordinary market conditions such as an actual or attempted corner, squeeze, congestion or undue concentration of positions, or that otherwise is likely to have a substantial effect on prices in any contract traded or cleared at the Exchange.

Significant Action has the meaning set forth in Section 4.01.

Examples of Significant Action in a sentence

• For purposes of Section 4.01(e) of the AIA SPV LLC Agreement and Section 4.01(f) of the ALICO SPV LLC Agreement, a Significant Action Request Notice shall be delivered to each Person then having the right to consent to the applicable action in accordance with the preceding sentence (at the notice address provided from time to time by such Person to the applicable SPV).

• Except as expressly set forth herein, under no circumstances shall the Trust be obligated to Developer or any of its principals for any costs incurred in connection with the Receiving Property, the ULURP, the Significant Action Process or the seeking of ULURP Approval.

• The parties hereto have agreed on a purchase price for the Transfer, which purchase price shall be subject to review and comment by the public as a part of the Significant Action Process.

• Notwithstanding the foregoing, the holding of a consolidated or combined public hearing (as contemplated by section 8- 0105 of SEQRA) shall be subject to DCP and/or CPC’s approval and consent, and the Trust shall have the right to change the consolidated or combined public hearing to a separate public hearing for the Significant Action Process and schedule such Significant Action Process public hearing for a date, time and place as may be determined by the Trust in its sole discretion.

• Any Anticipated Significant Action (other than a Specified Required Action) identified in a Notice of Action which is proposed to occur outside of a Hydro Operating Zone shall be subject to Section 7.3.4 above.

More Definitions of Significant Action

Significant Action means a “significant action” as defined by Section 1.69(a)(8) of the Commission Regulations.

Significant Action has the meaning set forth in Section 4.01(d) hereof. Section 1.121 “Significant Action Request Notice” has the meaning set forth in Section 4.01(e) hereof.

Significant Action has the meaning ascribed to such term in Section 4.1.

Significant Action will be defined to include (a) any merger, consolidation, sale, lease or other conveyance of assets of the Company or its subsidiaries with a fair market value in excess of $25 million or any purchase, lease or other acquisition of assets (including securities of another person) with a fair market value or purchase price in excess of $25 million by the Company or its subsidiaries; (b) (i) any issuance of preferred securities by the Company, (ii) any issuance of equity securities by the Company (other than in connection with the Approved IPO or in connection with a previously approved management incentive plan) with a fair market value in excess of $20 million in any 12 month period, (iii) any

Significant Action shall have the meaning set forth in Section ------------------ 4.01(b).

Significant Action means the filing of any action or proceeding under which an Enterprise or any portion thereof (including any portion of any Property) may be taken or encumbered pursuant to Polish law, including but not limited to condemnation (wywłaszczenie), merger and division of a Property (podział i scalenie nieruchomosci), enforcement proceedings (postępowanie egzekucyjne) or any other action or proceeding having similar result, that would be reasonably likely to result in a decrease of value of such Enterprise equal to ten percent (10%) or greater of the Price of the relevant Enterprise pursuant to a reasonable calculation of such value by a professional valuer chosen by the Parties.

Significant Action has the meaning ascribed to such term in Section 4.1. “Subordinate Voting Shares” means the Subordinate Voting Shares of the Corporation, as contemplated under the Articles. “TELUS” has the meaning ascribed to such term in the recitals. “TELUS Group” means, collectively, TELUS and any TELUS Permitted Holder that holds Shares from time to time. “TELUS Nominee” means a Director nominated by TELUS in accordance with this Agreement.