Centralization definition

Centralization means the movement of production and/or processing from one or more stores into another store, or to a location outside the scope of the agreement operated by the Company.

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Centralization means the Exchange will perform centralized clearing and transfers of funds for its members;

Centralization also means in this case that a specialized unit is monitoring the process from the early stages of the need assessment to the "closing" stages with the corresponding performance evaluation and lessons learned. This concentration of tasks in a single unit enables a specialization that strengthens professional skills and results in better contractual specifications. At the same time, it allows the release of human resources, those who previously spent part of their time developing and implementing specific procurement procedures that are now being replaced by framework agreements. These public employees can now better serve other types of acquisitions, mainly those of high complexity and specificity not included in the framework agreement strategy (quadrants A and B of the matrix).

Examples of Centralization in a sentence

• Upon the occurrence of a Servicing Centralization Event, the Servicer shall promptly send written notice thereof to the parties hereto, and the Backup Servicer and the Servicer shall work with the Administrative Agent and the Lenders to put into effect the items described on Schedule G, together with such other items as may reasonably be agreed upon between the Backup Servicer, the Administrative Agent and the Lenders.

• This letter is a “Servicing Centralization Period Notice” referred to in the Back-up Servicing Agreement.

• Upon the occurrence of a Servicing Centralization Event, the Backup Servicer and the Servicer will work with the Administrative Agent and the Lenders to put into effect the items described on Schedule G, together with such other items as may reasonably be agreed upon between the Backup Servicer, the Administrative Agent and the Lenders.

• Pursuant to Section 2.1(b) of the Back-up Servicing Agreement, the Indenture Trustee hereby informs you that a Servicing Centralization Trigger Event has occurred and the Servicing Centralization Period under the Back-up Servicing Agreement shall commence upon the date hereof.

• Specifically, the required attributes shall include: • Centralization: Data is managed in one location • Virtual: Data resides in a flexible cloud environment • Restricted Access: Only authorized users can access the data • No Downloads: Users interact with the data remotely to derive value • Transferable: Ownership and management of the data repository to be transferred easily without the physical transfer of data The Data Plan shall be consistent with the corresponding Evaluation Plan (see Task 3).

• Upon the occurrence of a Servicing Centralization Event, the Servicer shall promptly send notice thereof to the parties hereto, and the Backup Servicer and the Servicer shall work with the Collateral Agent, the Administrative Agent and the Lenders to put into effect the items described on Schedule F, together with such other items as may reasonably be agreed upon between the Backup Servicer, the Collateral Agent, the Administrative Agent and the Lenders.

• Li, Long & Ce Li 2017 A Comparative Study of Enfeoffment and Autocratic Centralization in Ancient China.

• Costs shall also specifically include, if applicable, any assessment imposed by any Multi-District Litigation Court or State Court Consolidation Centralization or withheld from any settlement or favorable judgment by any defendant.

• Centralization can create scale benefits in cost, labor, maintenance and reliability.

• Continuous Centralization of all public revenues and execution of all public payments by the Treasury.

More Definitions of Centralization

Centralization means the Exchange will provide centralized clearing and performance guarantee services to its members, and SGEI will provide centralized settlement services to International Members;

Centralization means culture change that is taking place shifts towards the direction of convergence, such as “assimilation” and “integration” in Berry’s (1983) and Nahavandi and Malekzadeh’s (1988) models, and “creators” and “equalizers” in Distefano and Maznevski’ s (2000) model. “Decentralization” means that either cultural change does not occur, or, if it does, it shifts towards the direction of divergence, such as “rejection”/ “separation” and “deculturation” in Nahavandi and Malekzadeh’s(1988) models, and “destroyers” Distefano and Maznevski’ s (2000) model.

Centralization means the Exchange will provide centralized clearing to its members and succeed to the rights and obligations of the trading parties;

Centralization means the Exchange will provide centralized clearing and performance guarantee services to its members;

Centralization means the Exchange, as the central counterparty, will provide centralized clearing services and performance guarantee to its members, except where otherwise prescribed by the Exchange;