Control Units definition

Control Units means "those organisational units within the institution that monitor organisation units that originate business, in particular, the market and trading units. These include, in particular, the back office and risk controlling units, and units with a compliance function. The internal audit function is also deemed to be a control unit within the meaning of this Policy."
View Source
Control Units means, in line with the Risk Takers Identification
View Source
Control Units has the meaning given such term in the Distribution Agreement.
View Source

Examples of Control Units in a sentence

  • The distributed architecture shall be used for Substation Automation System, where the controls shall be provided through Bay Control Units.

  • System comprising of Brake Equipments, Control Units, Pipes and Fittings in Kolkata Metro Coaches (MRB/DMC, MRB/NDMC/MC, MRB/NDMC/INV, MRB/TC).

  • Subject to Paragraph 33 of the Federal Settlement Agreement and Paragraph 29 of this State Settlement Agreement, all subsequent installment payments shall be made pursuant to the separate written instructions to be provided to WellCare by the United States Department of Justice and the National Association of Medicaid Fraud Control Unit's ("NAMFCU") Team ("the State Team") acting on behalf of the Medicaid Participating States.

  • During the Control Unit and Applicator Warranty Period, Zeltiq shall make available to Distributor, at no additional charge, all bug fixes and error corrections for the software for the Control Units and Applicators subject to such warranties that Zeltiq makes available at no additional charge to other customers in the Territory receiving such warranty services.

  • Distributor shall also purchase and maintain, without right of return (except as specified in Section 5), an adequate inventory of Zeltiq Products for use in repairing Control Units and Applicators (as such terms are defined below) (“Spare Parts”), the adequacy of which shall be mutually determined by Zeltiq and Distributor.

  • All Bay Control Units as well as protection units are normally connected through an Optical fibre high speed network.

  • In the event there is more than one Member that wishes to purchase such Change of Control Units, the portion each purchasing Member shall be entitled to purchase shall be based on the pro rata Percentage Interest of such purchasing Member to the aggregate Percentage Interests of all purchasing Members (excluding the Change of Control Transaction Member’s Percentage Interest for purposes of this calculation).

  • Seven (7) Business Days prior to a Series B Change of Control, the Partnership shall deliver a written notice to each Series B Unitholder (the “Series B Change of Control Exchange Election Notice”) stating whether the Partnership will exchange all Series B Preferred Units for Series B Change of Control Units or the cash amount set forth in clause (2) above, in either case, immediately prior to such Series B Change of Control.

  • The installation process ensures high quality placement of the Direct Control Units (DCU) on or near the exterior components of the customer’s Central Air Conditioner (CAC).

  • The Change of Control Units Election Notice shall be irrevocable.


More Definitions of Control Units

Control Units means those of the institution’s internal organisational units that monitor the organisational units, in particular the market and trading areas, which initiate business activities. These shall include, in particular, back-office and risk-management areas, and units carrying out compliance functions. The internal audit unit shall be considered a control unit within the meaning of this Ordinance.
View Source

Related to Control Units

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • Unvested Units means any Executive Units which are not Vested Units.

  • Additional Units means such Units (as defined herein) as are issued in respect of Additional Securities."

  • Private Units means (x) the Units purchased in the private placement taking place simultaneously with the consummation of the Company’s IPO and (y) the additional Units that may be purchased in connection with the exercise of the over-allotment option by the underwriters in the IPO as described in the Registration Statement; (vi) “Registration Statement” means the registration statement on Form S-1 filed by the Company with respect to the IPO; and (vii) “Trust Fund” shall mean the trust fund into which a portion of the net proceeds of the Company’s IPO will be deposited.