Use of Terms. For the purposes of this Agreement:
Use of Terms. The terms “affiliated person,” “interested persons,” “assignment,” and “majority of the outstanding voting securities,” as used herein, shall have the same meanings as in the 1940 Act and any applicable regulations thereunder.
Use of Terms. Unless indicated otherwise, any term used but not defined in this Agreement shall be construed as defined in or interpreted under the Rule.
Use of Terms. (a) Masculine and feminine - The masculine or feminine gender may be used interchangeably throughout this Agreement. Wherever one gender is used it shall be construed as meaning the other if the facts or context require.
Use of Terms. The parties agree and acknowledge that when, in this Agreement, the Company is required to use its reasonable best efforts to perform any covenant under this Agreement, such requirement shall not obligate the Company, in the reasonable judgment of the disinterested members of its Board of Directors, to perform any act that will have a material adverse effect on the Company.
Use of Terms. (a) Gender Neutral Terms Throughout this agreement, gender neutral terms will be used.
Use of Terms. Whenever the context so requires or permits, all references to the masculine herein shall include the feminine and neuter, all references to the neuter herein shall include the masculine and feminine, all references to the plural shall include the singular and all references to the singular shall include the plural.
Use of Terms. Definitions: Notification Notice sent by MFGT to the Borrower by electronic means and by mail or courier in case of a recovery requirement/resolution/decree from HEPURA or the any minister entitled to order the recovery of reclassified own working gas or any administrative body – following the communication of the requirement/resolution/decree to MFGT. The electronic message confirming the delivery of the electronic mail, while in case of doubt, the notice of receipt of the certified mail or the document proof of receipt handed over to the courier shall render the notification delivered. Gas Balance Gas stock registry kept by MFGT per system user. Entry into Force The day of the fulfilment of all conditions specified in Section II/3 of the Contract. Natural Gas Lent The energy quantity awarded to the Borrower at the auction, specified in Chapter VI. Mandatory Return Upon notification from the Hungarian Energy and Public Utility Regulatory Authority (HEPURA) or upon a requirement/resolution/decree by any competent minister or administrative body pursuant to Section 141/G (3) of the Gas Act, the total Gas Quantity borrowed shall be returned by the Borrower within the deadline specified in the Notification sent by MFGT. Making Available Transferring the Natural Gas Lent in MFGT’s IT system to the Borrower’s name following the entry into force, in the event that the total Loan Fee has been paid by the Borrower, the – earliest – date of which shall be 01 ……… 20…. The transfer shall simultaneously be a condition for starting the withdrawal of the Natural Gas Lent or for transferring it to own stock in the Borrower’s gas balance. Schedule Start and end date of borrowing and recovering the energy quantity as per this Gas Loan Contract in the storage site. The start date of the Schedule – following the entry into force of the contract – shall be 01 20… at the earliest, being the date on which the gas is Made Available. The end date of the Schedule shall be the day the Natural Gas Lent is fully Returned to MFGT. Returning Transferring a stock equivalent to the quantity of the Natural Gas Lent to MFGT’s name, into MFGT’s Gas Balance, in MFGT’s IT system from the Borrower’s stock in the storage facility according to the Schedule or within the deadline specified in the Notification – basically upon the initiative of the Borrower. For the purpose of this Contract, Natural Gas lending and borrowing (hereinafter referred to as Loan) shall be a loan transaction based on wh...
Use of Terms. The use of any gender or the neuter herein shall also refer to the other gender or the neuter and the use of the plural shall also refer to the singular, and vice versa.
Use of Terms. Whenever the singular or masculine is used in the Agreement, it shall be considered as if the plural or feminine has been used where the context requires.
