Council Covenant definition

Council Covenant means the covenant set out in Part 2 of Schedule 2
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Council Covenant means the covenant set out in Part 2 of Schedule 2;
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Examples of Council Covenant in a sentence

  • Part 2 – Council Covenant.......................................................

  • The Council covenants with the Company and each Teckal Company and Trading Company which has executed a Deed of Adherence in the terms of the Council Covenant set out in Part 2 of Schedule 2.

  • As a result of their research, GTT members found overlapping interests and issues among the topic areas examined (e.g. in relation to regulation of business and taxation).

  • Gary Lacey, County Attorney, said a screener position in his office has been made available though a grant from the Crime Commission.

  • Dividends and similar income distributions from UK authorised unit trusts and UK ICVCsare also generally exempt from corporation tax to the extent the underlying income derives from dividends.

  • Sale of Congregational Property – Basic Steps(Based on the Manual 2019 Section G.2. and Board of Trustees Handbook)The governing body decides to sell a piece of propertyThe governing body consults with the Regional Council (Covenant Commission) on how the congregation will use any proceeds from the sale, after costs for the transaction have been covered.

  • Extended credit may be assigned at the discretion of the teacher after all regularly assigned work has been completed by the student.

  • The savings which will result from the implementation of the measures to increase the flexibility of general government expenditures are estimated at SIT 19.8 billion in 2004 and SIT 27.3 billion in 2005.

  • In spite of the fact that women are educated and qualified, in general, leading positions in the public sector, but also in the private one, are kept by men, who consequently have bigger salaries.

  • This is the Celebration Lutheran Church Council Covenant (Sartell, MN).

Related to Council Covenant

  • Maintenance Covenant A covenant by any borrower to comply with one or more financial covenants (including without limitation any covenant relating to a borrowing base, asset valuation or similar asset-based requirement) during each reporting period, that exists regardless of whether or not such borrower has taken any specified action and includes a covenant that applies only when the related loan is funded.

  • Additional Covenant means any covenant in respect of the financial condition or financial position of the Company, including, but not limited to, covenants that specify or require the maintenance of certain financial ratios applicable to the Company, and the default provision related thereto (regardless of whether such provision is labeled or otherwise characterized as a covenant or a default).

  • Financial Covenant means the covenant set forth in Section 7.09.

  • Covenant means a covenant, condition, limitation or restriction in a document or instrument in effect at Date of Policy.

  • Previously Absent Financial Maintenance Covenant means, at any time, any financial maintenance covenant that is not included in the Loan Documents at such time.

  • Tax Covenant means the covenant relating to Tax set out in Schedule 9;

  • Environmental covenant means a servitude arising under an environmental response project that imposes activity and use limitations.

  • Repeat compliance period means any subsequent compliance period after the initial compliance period.

  • Covenant Relief Period means the period commencing on the Amendment No. 1 Effective Date and ending on and including December 31, 2022.

  • Labor compliance agreement means an agreement entered into between a contractor or subcontractor and an enforcement agency to address appropriate remedial measures, compliance assistance, steps to resolve issues to increase compliance with the labor laws, or other related matters.

  • Transfer fee covenant means a declaration or covenant purporting to affect real property which requires or purports to require the payment of a transfer fee to the declarant or other person specified in the covenant or declaration, or to their successors or assigns, upon a subsequent transfer of an interest in the real property.

  • Covenant Compliance Event means that Excess Availability at any time is less than the greater of (a) ten (10%) percent of the Line Cap or (b) $7,000,000. For purposes hereof, the occurrence of a Covenant Compliance Event shall be deemed continuing until Excess Availability has exceeded the amounts set forth above for thirty (30) consecutive days, in which case a Covenant Compliance Event shall no longer be deemed to be continuing for purposes of this Agreement. The termination of a Covenant Compliance Event as provided herein shall in no way limit, waive or delay the occurrence of a subsequent Covenant Compliance Event in the event that the conditions set forth in this definition again arise.

  • Financial Covenants means the covenants set forth in Section 6.2.

  • Covenant Testing Period means a period (a) commencing on the last day of the fiscal quarter of Borrower most recently ended prior to a Covenant Trigger Event for which Borrower is required to deliver to Administrative Agent quarterly or annual financial statements pursuant to Section 5.2 of this Agreement, and (b) continuing through and including the first day after such Covenant Trigger Event that Availability has equaled or exceeded the greater of (i) 10% of the Borrowing Limit, and (ii) $15,000,000 for 60 consecutive calendar days.

  • Covenant Compliance Worksheet means a fully completed worksheet in the form of Attachment A to Exhibit C.

  • Covenant Compliance Certificate means a properly completed and executed Covenant Compliance Certificate substantially in the form of Exhibit X hereto.

  • Covenants means the covenants set forth in Section 4 of this Agreement. To acknowledge your agreement to and acceptance of the terms and conditions of this Agreement, please sign below in the space provided within five (5) days of the date of this Agreement and return a signed copy to my attention. If the Agreement is not signed and returned within (5) days, the terms and conditions of this Agreement will be deemed withdrawn. Sincerely, MEDQUIST INC. By: Xxxxx X. Xxxxxxx President Accepted and Agreed:

  • Tax Compliance Agreement means the Federal Tax Certificate, Tax Compliance Agreement, Arbitrage Agreement, or other written certification or agreement of the Issuer setting out representations and covenants for satisfying the post-issuance tax compliance requirements for the Tax-Exempt Bonds.

  • SOX Compliant Entity means an entity that either is required to be compliant with, or voluntarily is compliant with, all of the following provisions of the Sarbanes-Oxley Act of 2002: (i) the preapproval requirements of Section 201 (Section 10A(i) of the Securities Exchange Act of 1934); (ii) the Audit committee independence requirements of Section 301 (Section 10A(m)(3) of the Securities Exchange Act of 1934); and (iii) the Internal control over financial reporting requirements of Section 404 (Item 308 of SEC Regulation S-K).

  • Incurrence Covenant means a covenant by any borrower to comply with one or more financial covenants (including without limitation any covenant relating to a borrowing base, asset valuation or similar asset-based requirement) only upon the occurrence of certain actions of the borrower, including a debt issuance, dividend payment, share purchase, merger, acquisition or divestiture.

  • Financial Covenant Default has the meaning assigned to such term in Section 8.01(6).

  • Covenant Period means the period of time from the date of this Agreement to the date that is two years after the Date of Termination.

  • Financial Performance Covenants means the covenants of the Borrower set forth in Section 10.11.

  • Financial Performance Covenant means the covenant set forth in Section 6.10.

  • Financial Covenant Event of Default has the meaning specified in Section 8.01(b).

  • major non-compliance outcome notification means a notification received by a council under section 19N(3) or (4) of the Food Act 1984, or advice given to council by an authorized officer under that Act, of a deficiency that does not pose an immediate serious threat to public health but may do so if no remedial action is taken