EIT Sample Clauses

EIT. EIT may incur Indebtedness to the extent permitted under Section 9.19.
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EIT. EIT will be accrued on the basis of hours paid. Sick leave will be paid at the employee’s regular rate of pay.
EIT. 2.1. Can the EC confirm that the EC concludes a framework contract with the EIT Foundation and that the EIT Foundation then concludes contract with the KICs whereby the only rule concerning third country participation is that 66% of the partners must come from an EU member state or associated country? EC: Yes. The revised EIT Regulation requires two thirds majority of participants from EU Member States in any KICs. The possibility of Swiss entities to participate in KICs is not affected in the absence of EU-Switzerland association agreement to Horizon 2020. It should be noted, however, that participation in a KIC is not automatically coupled with funding. The rules governing general eligibility for funding of entities from non-EU Member States are those of Horizon 2020. Moreover, please note that the EIT is a Union body, established by the EIT regulation and not via a framework contract. It is the EIT who concludes a Framework Partnership Agreement with each individual KIC and funds the KICs via annual grants. The EIT Foundation is a legally independent entity and is not responsible for running the KICs.
EIT. Notwithstanding any other provision of this Credit Agreement or any other Loan Document, EIT will incur no Indebtedness of any kind other than accrued and unpaid obligations to holders of the EIT Preferred Shares existing on the Closing Date to the extent permitted under Section 9.17. Prior to the completion of the EIT II Transfer, EIT shall own no assets other than (a) the EIT Notes; and (b) those certain Xxxxxxx Mac Enhanced A Certificates issued to EIT in connection with the Bond Transaction; and EIT shall have outstanding no Indebtedness other than liabilities to the holders of the EIT Preferred Shares which liabilities are effectively economically defeased by such Xxxxxxx Mac Enhanced A Certificates.
EIT. During such time as EIT shall be an Excluded Entity, EIT shall have no assets other than those certain Xxxxxxx Mac Enhanced A Certificates issued to EIT in connection with the Bond Transaction; and EIT shall have outstanding no Indebtedness other than the liabilities to the holders of the EIT Preferred Shares which liabilities are effectively economically defeased by such Xxxxxxx Mac Enhanced A Certificates.

Related to EIT

  • Cooperation in Drafting The Parties have cooperated in the drafting and preparation of this Agreement. This Agreement will not be construed against any Party on the basis that the Party was the drafter or participated in the drafting.

  • Independent Analysis Each Party hereby confirms that its decision to execute this Agreement has been based upon its independent assessment of documents and information available to it, as it has deemed appropriate.

  • Types of Discipline The types of discipline recognized for purposes of applying one of the appeal procedures under this Article are:

  • Root Cause Analysis Upon Vendor's failure to provide the Services in accordance with the applicable Service Levels (for any reason other than a Force Majeure Event) Vendor will promptly (a) perform a root-cause analysis to identify the cause of such failure, (b) provide Prudential with a report detailing the cause of, and procedure for correcting, such failure, (c) obtain Prudential's written approval of the proposed procedure for correcting such failure, (d) correct such failure in accordance with the approved procedure, (e) provide weekly (or more frequent, if appropriate) reports on the status of the correction efforts, and (f) provide Prudential with assurances satisfactory to Prudential that such failure has been corrected and will not recur.

  • Progressive Discipline Both parties endorse the principle of progressive discipline as applied to professionals.

  • Removal of Discipline Any reprimand notices or disciplinary measures will remain on the employee or owner operator's file for one year from the date of notice or reprimand unless there is a re- occurrence of the same or similar infraction. At the completion of the one year period, the reprimand or disciplinary notice will be removed from the file. Said files to be removed shall not be considered to be removed but shall be physically removed and destroyed. If a repeat infraction occurs within the one year period, the original and subsequent notices or reprimands will remain on the file for a further year from the date of the most recent notice or reprimand. Reprimand notices and disciplinary measures resulting from violations of a criminal or civil nature, including driving record, will remain part of the employee or owner operator's file indefinitely. Whenever an employee or owner operator signs a document pertaining to discipline, he/she does so only to acknowledge that he/she has been notified accordingly.

  • Forms of Discipline ‌ Discipline includes oral and written reprimands, reduction in pay, suspension, demotion, and discharge.

  • Engineering Forest Service completed survey and design for Specified Roads prior to timber sale advertisement, unless otherwise shown in A8 or Purchaser survey and design are specified in A7. On those roads for which Forest Service completes the design during the contract, the design quantities shall be used as the basis for revising estimated costs stated in the Schedule of Items and adjusting Timber Sale Account. Forest Service engineering shall be completed according to the schedule in A8. Should Forest Service be unable to perform the designated survey and design by the completion date or other agreed to time, upon written agreement, Purchaser shall assume responsibility for such work. In such event, Contracting Officer shall revise:

  • STANDARDS OF DISCIPLINE 32.01 Where written departmental standards of discipline are developed or amended, the Employer agrees to supply sufficient information on the standards of discipline to each employee and to the Institute.

  • Design Development An interim step in the design process. Design Development documents consist of plans, elevations, and other drawings and outline specifications. These documents will fix and illustrate the size and character of the entire project in its essentials as to kinds of materials, type of structure, grade elevations, sidewalks, utilities, roads, parking areas, mechanical and electrical systems, and such other work as may be required.

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