Step-in Right definition

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

Step-in Right has the meaning given in clause 34.1(a). Sustainability Objectives has the meaning given in clause 18. 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 the management and operation of the Transfer Station and sorting of Delivered Material, as further described in the Landfill Management and Transfer Station Services Specification. 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 Contractor to carry out a Variation requested under clause 32.1(a). 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 the specification described in section 3 of Part C. Verge Collection Point has the meaning given to it in clause 9.2. Verge Collection Program the program run by the Principal for the collection of Hard Waste or Bulk Garden Organics from verges or other locations on or adjacent to Tenements that does not involve a Receptacle. Verge Collection Schedule has the meaning given to it in clause 9.3. Verge Collection Service the collection of Hard Waste or Bulk Garden Organics from verges of Tenements or other locations on or adjacent to a Tenement that does not involve a Receptacle in accordance with the Verge Collection Program, as further described in the Verge Collection and Receptacle Services Specification. WALGA the Western Austr...

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.

Examples of Step-in Right in a sentence

• The Grantor shall be entitled, without prejudice to the provisions of Article 42 and subject to the Lenders' Step-in Right, to terminate this Agreement by serving a Termination Notice to the Concessionaire, and Articles 44 and 45 shall apply, if the Curable Concessionaire Event of Default notified in a Notice of Default is not remedied within thirty (30) Business Days of such Notice of Default or as may be agreed in writing between the Parties.

• During the exercise of the Grantor's Step-In Right, the Grantor will, within ten (10) Business Days of the end of each month, remit to the Concessionaire the Concessionaire Tariff to which the Concessionaire is entitled minus the Concession Fee and any deduction that the Grantor may make in respect of the fees, costs (whether direct and indirect) or otherwise any expense relating to the exercise by the Grantor of the Grantor's Step-in Right.

• During the exercise of the Grantor's Step-In Right, the Grantor will, within ten (10) Business Days of the end of each month, remit to the Concessionaire the Concessionaire Tariff to which the Concessionaire is entitled minus any deduction that the Grantor may make in respect of the fees, costs (whether direct and indirect) or otherwise any expense relating to the exercise by the Grantor of the Grantor's Step-in Right.

More Definitions of Step-in Right

Step-in Right has the meaning set out in Clause 45(a).

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

Step-in Right is defined in Clause 13.1

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

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

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