Step-in Right definition

Step-in Right has the meaning set forth in Section 4.01(b)(ii).

Step-in Right means the right of the Security Agent (on behalf of the Secured Parties), or a representative appointed by it or the Noteholders, to step-in in place, and assume the rights and obligations, of the Issuer under any Direct Agreement.

Step-in Right has the meaning set forth in Section 3.4(f).

Examples of Step-in Right in a sentence

• Sexual harassment includes unwelcome sexual advances, sex-based conduct that is intimidating, hostile or offensive, requests for sexual favors, and/or other verbal or physical conduct of a sexual nature that is prohibited by the College.

• The Step-in Right is held by the prevailing doctrine to constitute a mere procedural provision, which based on such qualification, may be validly excluded by the parties in an agreement entered into prior to the commencement of an Insolvency Procedure.

• The Grantor and the Concessionaire shall enter into good faith negotiations with the Lenders with a view to executing and delivering a direct agreement the terms and conditions of which shall be substantially in the form set out in Appendix 13 (Agreed Form of Direct Agreement with Lenders) and which shall provide, inter alia, for the Lenders' Step-in Right (the "Direct Agreement").

• Step-in Right as a Defense to Injunctive Relief If there is a pending dispute between a franchisee and franchisor regarding the legality of an attempted termination, the parties should also consider how a franchisor’s decision to exercise its contractual step-in rights may play into litigation strategy.

• The Step-in Right Notice shall specify the date which EKR intends to exercise the rights associated with the Step-in Right.

More Definitions of Step-in Right

Step-in Right is defined in Clause 13.1

Step-in Right has the meaning given to it in clause 9.6;

Step-in Right has the meaning given in clause 38.2(a).

Step-in Right has the meaning given in Clause 49.1(b).

Step-in Right has the meaning set forth in Section 2.14.

Step-in Right has the meaning given to it in Section 2.4(f).

Step-in Right has the meaning given in clause 34.1(a). Sustainability Objectives Tax any income, land, indirect and other taxes, levies, imposts, deductions, charges, duties, compulsory loans and withholdings, including financial institutions duty, debits tax or other taxes whether incurred by, payable by return or passed on to another person and includes any interest, penalties, charges, fees, fines or other amounts imposed in respect of any of the above, but does not include GST. Tax Invoice any document or record treated by the Commissioner of Taxation as a tax invoice or as a document entitling a recipient to an input tax credit. Tenements a property or location within the Collection Area. Transfer Station the transfer station identified in the Landfill Management and Transfer Station Services Specification. Transfer Station Service Variation a decrease, omission or other change to any part of the Services to be performed under the Contract. Variation Notice a notice issued by the Principal under clause 32.1(b) directing the Variation Quotation a quotation from the Contractor which sets out the Contractor’s additional costs or savings and the effect on the Services Date for Completion for performing a Variation requested under clause 32.1(a). VendorPanel WALGA’s online quotation, compliance and contract management system, as updated from time to time, which includes the system formerly branded as “eQuotes”. Verge Collection and Receptacle Services Specification Verge Collection Point has the meaning given to it in clause 9.2. Verge Collection Program Verge Collection Schedule Verge Collection Service WALGA the Western Australian Local Government Association (ABN 28 126 945 127) of 000 Xxxxxxx Xxxxxx, Xxxx Xxxxxxxxxxx, xx xxx Xxxxx xx Xxxxxxx Xxxxxxxxx. Waste any substance that is placed into a Bin for collection and disposal or processing. Waste Law 1 all present and future legislation, regulations and local Laws in