Optional Modification definition

Optional Modification shall have the meaning specified in Section 8.2 of the Facility Lease.
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Optional Modification means a modification or improvement of a Railcar, the cost of which is capitalized in accordance with U.S. GAAP, that (a) is not a Required Modification and (b) complies with the criteria set forth in Section 5.04(z)(ii).
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Optional Modification as defined in Section 4.4(d) of the Mortgage. Optional Redemption Triggering Event: as defined in Section 2.10 of the Mortgage Original Amount: the stated original principal amount of such Equipment Note and, with respect to all Equipment Notes, the aggregate stated original principal amounts of all Equipment Notes.
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Examples of Optional Modification in a sentence

  • Include the member's irrevocable election among the options in Section 3-554 (Optional Modification of Allowances).

  • If either Party wishes to make any Manufacturing Change other than a Required Modification (an “Optional Modification”), then such Party shall notify the other Party in writing of such proposed Optional Modification.

  • In the case of any Optional Modification, the Issuer prior to undertaking such Optional Modification shall have determined, based upon consultation with the Servicer, that the Optional Modification is not expected to decrease the marketability of the Portfolio Railcar as a result of the expenditure on such Optional Modification.

  • See the Optional Modification for Installing Officers in the Appendix.Master Councilor’s Remarks.

  • The White Paper served as a template for Bill C-79, the Indian Act Optional Modification Act (2nd sess., 35th Parliament, 1996) and Bill C-7, the First Nations Governance Act (2nd sess., 37th Parliament, 2002).


More Definitions of Optional Modification

Optional Modification is defined in section 3.04(d) of the Mortgage.
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Optional Modification has the meaning set forth in Section 6.08(d).
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Optional Modification has the meaning set forth in section 3.3(j) of the Security Agreement.
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Optional Modification has the meaning set forth in Section 7.2(a) of --------------------- the Agreement.
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Optional Modification has the meaning specified in Section 8.2 of the Lease.
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Optional Modification as defined in Section 9.2 of the O&M Agreement.
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Optional Modification shall have the meaning given such term in Section 7(c) of the Equipment Lease.
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