Acquiesced definition

Acquiesced means, with respect to any Person and any act or omission that may give rise to Guaranty Losses, and such Person having received (separately, simultaneously and with particularity) written notice from the Person causing such action to be taken or omitted and specifically describing such act or omission, such Person responding with a written statement within five (5) Business Days of its receipt of such notice affirmatively stating that such Person does not object to such noticed acts or omissions (it being specifically acknowledged and agreed, however, that if such Person does not so respond within such five (5) Business Day period, then such Person shall be deemed to have not Acquiesced). For example, if (x) any TriBridge Party desires to take or omit an action which if taken or omitted may give rise to Guaranty Losses, (y) such TriBridge Party gives simultaneous and specific written notices to the Bluerock Guarantor of such TriBridge Party’s intent with regard to such action, and (z) the Bluerock Guarantor fails to respond within five (5) Business Days, then the Bluerock Guarantor shall be deemed to have not Acquiesced to such action.
Sample 1
Acquiesced means, with respect to any Person and any act or omission that may give rise to Guaranty Losses, and such Person having received (separately, prior to and with particularity) written notice from the Person causing such action to be taken or omitted and specifically describing such act or omission, such Person responding with a written statement within five (5) Business Days of its receipt of such notice affirmatively stating that such Person does not object to such noticed acts or omissions (it being specifically acknowledged and agreed, however, that if such Person does not so timely respond within such five (5) Business Day period, then such Person shall be deemed to have not Acquiesced). For example, if (x) any Waypoint Party desires to take or omit an action which if taken or omitted may give rise to Guaranty Losses, (y) Waypoint Party gives written notice to Managing Member of the Waypoint Party’s intent with regard to such action, and (z) Managing Member fails to respond within five (5) Business Days, then Managing Member shall be deemed to have not Acquiesced to such action (and vice-versa if Managing Member is the party who desires to take or omit an action).
Sample 1

Examples of Acquiesced in a sentence

  • Congress Has Knowingly Acquiesced to the Kennedy DOL Interpretation for Half a Century The proposed rule seeks to change a rule in effect for half a century under Democratic and Republican Presidents and unchanged by Congress whether controlled by Democrats, Republicans or jointly.

  • Acquiesced in the procurement by the bailor or his nominee of any document of title.

  • That Ms. Fox Acquiesced for a Time in the Quid-Pro-Quo Harassment and Hostile Housing Environment Did Not Negate Its Discriminatory Nature 21CONCLUSION 28CERTIFICATE OF COMPLIANCE 29CERTIFICATE OF SERVICE 30 TABLE OF AUTHORITIESCases Pages Ave.

  • Accordingly, all of the elements of estoppel have been met.c. Mintvest Acquiesced In Being Diluted To 18.2%, Despite Section 3.2’s Protections.

  • The Record Does Not Support Petitioners’ Claim that John Improperly Linked Investment Decisions to Other Topics While Mellon Acquiesced In seeking a basis for surcharging the trustees, the petitioners frequently lump together various alleged breaches such as favoring Lisa’s interests over those of Wilhelmina and Alexander and failing to make proper income distributions to the minor beneficiaries.183Any link between these alleged breaches and the decline in value of the portfolios is nonexistent.

  • The claimant:(A) Took the property with the intent to defeat forfeiture of the property;(B) Knew or should have known that the property was proceeds of prohibited conduct; or(C) Acquiesced in the prohibited conduct.(3) Except as provided in subsection (5) of this section, if the property to be forfeited in a forfeiture action is personal property,the forfeiting agency must prove the ele- ments specified in subsection (2) of this sec- tion by a preponderance of the evidence.

  • Congress Has Not Acquiesced to Lower-Court Decisions Accepting FTC’s Interpretation of Section 13(b) Noting that (until the Seventh Circuit’s deci- sion in this case) all federal appeals courts to consider the issue had interpreted § 13(b) as authorizing FTC to seek monetary relief, FTC argues that Congress should be deemed to have acquiesced to that interpre- tation.

  • Congress Acquiesced to Non-Delegated Assertions of Presidential Power Even when Congress has not expressly delegated power to the President, presidential practice standing alone can have a pivotal effect on how the courts, and often more practically significant, how Executive Branch legal counsel, interpret the scope of presidential power under the Constitution.

  • Congress Has Knowingly Acquiesced in the Repeated Presidential Modifications of Monuments Established Under the Act.

  • Under the Trump Administration, Federal Agencies Acquiesced to President Trump’s Receipt of Unconstitutional Foreign Emoluments In contravention of the Constitution’s explicit prohibition on a president’s receipt of foreign emoluments, federal agencies under the Trump Administration repeatedly acquiesced to former President Trump’s desire to continue profiting from his businesses while in office.

Related to Acquiesced

  • Bankruptcy Default has the meaning assigned to such term in Section 6.01.

  • Bankruptcy or Default means the total cessation of operations due to insolvency, with or without the filing of a bankruptcy petition by an airline, or cruise line, tour operator or other travel provider provided the Bankruptcy or Default occurs more than 14 days following Your Effective Date for the Trip Cancellation Benefits. There is no coverage for the Bankruptcy or Default of any person, organization, agency or firm from whom You purchased Travel Arrangements supplied by others.

  • Senior Default means any Default or Event of Default under the Senior Credit Agreement or any document referred to therein.

  • Repudiation/Moratorium means the occurrence of both of the following events: (i) an authorised officer of a Reference Entity or a Governmental Authority (x) disaffirms, disclaims, repudiates or rejects, in whole or in part, or challenges the validity of, one or more Obligations in an aggregate amount of not less than the Default Requirement or (y) declares or imposes a moratorium, standstill, roll-over or deferral, whether de facto or de jure, with respect to one or more Obligations in an aggregate amount of not less than the Default Requirement and (ii) a Failure to Pay, determined without regard to the Payment Requirement, or a Restructuring, determined without regard to the Default Requirement, with respect to any such Obligation occurs on or prior to the Repudiation/Moratorium Evaluation Date.

  • Actionable Default means the occurrence of any of the following:

  • Omission is the failure to submit part or all of the information or documentation required in the tendering document.

  • Authority Default shall have the meaning set forth in Clause 23.2;

  • Remedy means any remedial right to which an aggrieved party is entitled with or without resort to a tribunal.

  • Guarantor Default means any condition or event that with the giving of notice or lapse of time or both would, unless cured or waived, become a Guarantor Event of Default.

  • Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.

  • Administrator Default has the meaning specified in Section 5.1 of the Administration Agreement.

  • Financing Default means an event which would constitute (or with notice or lapse of time or both would constitute) an event of default (which event of default has not been cured) under or would otherwise violate or breach (i) any financing arrangement of the Company or any of its Subsidiaries in effect as of the time of the aforementioned event, and any extensions, renewals, refinancings or refundings thereof in whole or in part; and (ii) any provision of the Company's or any of its Subsidiary's constitutional documents.

  • Written or Writing means letters, characters, and symbols that are intended to represent or convey particular ideas or meanings and are made in electronic form or inscribed on paper by hand, print, type, or other method of impression.

  • Issuer Free Writing Communication means a Free Writing Communication prepared by or on behalf of the Company, used or referred to by the Company or containing a description of the final terms of the Offered Securities or of their offering, in the form retained in the Company’s records.

  • Free Writing Communication means a written communication (as such term is defined in Rule 405) that constitutes an offer to sell or a solicitation of an offer to buy the Offered Securities and is made by means other than the Preliminary Offering Circular or the Final Offering Circular.

  • Act of Insolvency means any act as such as defined by the Presidency Towns Insolvency Act or in Provincial Insolvency act or any amending status.

  • Enforcement Notice means a written notice delivered, at a time when an ABL Default or Note Default has occurred and is continuing, by either the ABL Agent or the Notes Agent to the other announcing that an Enforcement Period has commenced, specifying the relevant event of default, stating the current balance of the ABL Obligations or the Note Obligations, as applicable, and requesting the current balance of the ABL Obligations or Note Obligations, as applicable, owing to the noticed party.

  • Servicing Default The meaning assigned in Section 6.01 of the Servicing Agreement.

  • Material Event of Default means the occurrence of an Event of Default (as defined in the Senior Unsecured Loan Agreement) under any of the following sections of the Senior Unsecured Loan Agreement:

  • Event of Default has the meaning specified in Section 8.01.

  • Self-neglect means an older individual’s inability, due to physical or mental impairment or diminished capacity, to perform essential self-care tasks, including obtaining essential food, clothing, shelter, and medical care; obtaining goods and services necessary to maintain physical health, mental health, or general safety; or managing one’s own financial affairs.

  • Specified Default means a Default under Section 8.01(a), (f) or (g).

  • Default means any event which is, or after notice or passage of time or both would be, an Event of Default.

  • Incipient Default means any occurrence that is, or with notice or lapse of time or both would become, an Event of Default.

  • Repudiation/Moratorium means the occurrence of both of the following events:

  • Purchaser Default has the meaning set forth in Section 12.2 (a).