Determinable definition

Determinable means “[a]ble to be determined or ascertained.” Black’s Law Dictionary at 544.
View Source
Determinable means that the act of performance required can be deduced on the basis of the intent of the parties either from the terms of the contract itself or by reference to previous dealings, and in any case without the need for further agreement. The determinability can typically derive from a procedure (e.g. appointment of a third party who will set the price) or a mathematical formula agreed by the parties. No further agreement is needed, because by some agreed operation (or by deduction from the parties’ previous conduct) it is possible to ascertain what the agreed price is.
View Source
Determinable are deleted from the fourteenth through twenty-first lines on page 11 of the Agreement
View Source

Examples of Determinable in a sentence

  • The Parties shall seek to resolve the Dispute in accordance with Clause 25 (Dispute Resolution) and the Dispute shall be an Expert Determinable Dispute.

  • If the Disputed Claims Amount is less than the Determinable Losses claimed in the relevant Claim Notice, then Parent shall have the right to recover from the Stockholders the difference between (x) the Determinable Losses minus (y) the Disputed Claims Amount in accordance with Section 6.5.

  • Under the Foreign Account Tax Compliance Act (“FATCA”) and Intergovernmental Agreements between Malaysia and U.S, financial institutions in Malaysia are required to report certain information of certain clients to the Internal Revenue Service (“IRS”) of U.S. and withhold clients’ U.S. source Fixed, Determinable, Annual, or Periodic income in certain circumstances.

  • Eurodollar Rate Not Determinable; Illegality or Impropriety..................................33 2.11.

  • If the parties, negotiating in good faith, are unable to successfully resolve the issues raised in such notice within 15 calendar days, Vantiv and AIC shall employ the Reconciliation Procedures; provided that, if the issues raised in such notice are not resolved by December 15th of the year immediately following the relevant Covered Taxable Year, then the amount proposed by Vantiv shall be considered fixed and determinable (the “Fixed and Determinable Amount”).

  • The purpose of FATCA aims to achieve the objective by mandating Foreign Financial Institutions (FFI) such as the Company, to identify and disclose certain US customer information to IRS, otherwise FFI who choose not to enter into an agreement will be subject to a punitive tax of 30% on any US source Fixed, Determinable, Annual and Periodic (FDAP) income and gross proceeds generated by securities sales paid to such FFIs as defined by Chapter 4 of the US Hiring Incentives to Restore Employment (HIRE) Act.

  • Notwithstanding anything to the contrary in the Standard Terms and Conditions of Trust, the ninth paragraph of Section 5.02 of the Standard Terms shall be amended to read in its entirety as follows: "With respect to any Trust which is a widely held fixed investment trust as defined on Treas.

  • The Expert shall determine the Expert Determinable Dispute which may include any issue involving the interpretation of any provision of this Agreement, his jurisdiction to determine the matters referred to him (including whether the Dispute is an Expert Determinable Dispute) and/or his terms of reference.

  • The granting of the WEPCo Executory Interest renders Wolverine's remaining title in and to the AQCS as of this date as a fee simple determinable estate (the "Wolverine Determinable Fee") until the occurrence of the last Divesting Event.

  • Eurodollar Rate Not Determinable; Illegality or Impropriety................................32 2.11.


More Definitions of Determinable

Determinable means that while the specific price is not determined, there is a mechanism in place which will allow it to be determined at any point (e.g. price set at $5/kg, or at 10% of market price).
View Source

Related to Determinable

  • Mental, Nervous or Psychological Disorder means a mental or nervous health condition including, but not limited to: anxiety, depression, neurosis, phobia, psychosis; or any related physical manifestation.

  • Impairment has the meaning assigned to such term in Section 1.03.

  • Medically fragile means the condition of a child who requires the availability of twenty-four-hour skilled care from a health care professional or specially trained staff or volunteers in a group care setting. These conditions may be present all the time or frequently occurring. If the technology, support and services being received by the medically fragile children are interrupted or denied, the child may, without immediate health care intervention, experience death.

  • Psychological abuse which shall mean conduct by a custodian intentionally or recklessly causing, by verbal or non-verbal conduct, a substantial diminution of a service recipient's emotional, social or behavioral development or condition, supported by a clinical assessment performed by a physician, psychologist, psychiatric nurse practitioner, licensed clinical or master social worker or licensed mental health counselor, or causing the likelihood of such diminution. Such conduct may include but shall not be limited to intimidation, threats, the display of a weapon or other object that could reasonably be perceived by a service recipient as a means for infliction of pain or injury, in a manner that constitutes a threat of physical pain or injury, taunts, derogatory comments or ridicule.

  • Mental abuse means any willful action or inaction of mental or verbal abuse. Mental abuse includes, but is not limited to, coercion, harassment, inappropriately isolating a vulnerable adult from family, friends, or regular activity, and verbal assault that includes ridiculing, intimidating, yelling, or swearing.