AB LLR definition
AB LLR means the licensee liability rating and liability management rating or similar program adopted and assessed by the AER pursuant to Directive 006 – Licensee Liability Rating (LLR) Program and Licence Transfer Process, as the same may be amended, supplemented or replaced from time to time;
Examples of AB LLR in a sentence
Purchaser shall bear all costs, fees and deposits incurred in registering any conveyances associated with the Assets except for any fee or deposit required in relation to Vendor’s AB LLR or BC LLR, which fee or deposit shall be the sole responsibility of Vendor.