Directing definition

Directing means that the designee of the President is directing all Federal, state, and private actions to remove a Discharge or mitigate or prevent the threat of a Discharge, pursuant to Section4201(a) of OPA (33 U.S.C. Section1321(c)(1)(B)(ii)or (c)(2)(A)).
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Directing any borrower such that Seller would be subject to any liability with respect to any environmental matters in connection with any security, borrower’s operations or any borrower’s property; and Seller has not foreclosed on a loan or taken over security in a manner that would result in liability under Environmental Laws, including but not limited to that it has taken “reasonable steps” to divest itself of any such properties at the earliest practicable, commercially reasonable time, on commercially reasonable terms.
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Directing means managing rather than first line supervision.
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Examples of Directing in a sentence

  • Subject to the terms of the Servicing Agreement, the Directing Holder shall have the right at any time and from time to time, with or without cause, to replace the Special Servicer then acting with respect to the Mortgage Loan and appoint a Qualified Servicer as the replacement Special Servicer in lieu thereof.

  • The Directing Holder may also direct the Special Servicer to take, or to refrain from taking, such other actions with respect to the Mortgage Loan as the Directing Holder may deem advisable, subject to the terms of the Servicing Agreement.

  • Neither Rating Agency Confirmation nor approval of the Directing Holder shall be required for any amendments to this Agreement required to facilitate the terms of this Section 18(a).

  • Directing a subordinate under direct or indirect supervision to perform any of the above actions.

  • The Directing Holder shall be entitled to exercise the rights and powers granted to the Directing Holder hereunder and the rights and powers granted to the “Directing Holder,” “Controlling Class Certificateholder,” “Controlling Class Representative” or similar party under, and as defined in, the Servicing Agreement with respect to the Mortgage Loan.

  • The Directing Holder shall designate a Person to serve as Special Servicer by delivering to the other Holders (including, to the extent a Note is included in a Securitization, the parties to the related PSA) a written notice stating such designation and by satisfying the other conditions required under the Servicing Agreement (including, without limitation, a Rating Agency Confirmation, if required by the terms of the Servicing Agreement), if any.

  • The Directing Holder shall have no liability to the other Holders or any other Person for any action taken, or for refraining from the taking of any action or the giving of any consent or the failure to give any consent pursuant to this Agreement or the Servicing Agreement, or errors in judgment, absent any loss, liability or expense incurred by reason of its willful misfeasance, bad faith or gross negligence.

  • The Directing Holder will retain its right to remove and replace the Special Servicer, but the Directing Holder may not restore a Special Servicer that has been removed in accordance with the preceding sentence.

  • Directing, through policy, the Superintendent, in his or her charge of the District’s administration.

  • The Directing Holder may also direct the Special Servicer to take, or to refrain from taking, such other actions with respect to the Mortgage Loan as the Directing Holder may deem advisable.


More Definitions of Directing

Directing class or similar class having authority to appoint a special servicer and/or to consent or approve proposed actions of the special servicer; and (ii) if the Loan is participated or severed into one or more note(s) or component(s) such that one note or component is junior to another note or component, then, regardless of whether any note or component is included in a Secondary Market Transaction, the unanimous consent is obtained of all the holders of such junior note or component.
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Directing in management means instructing, guiding, supervising, motivating, and promoting teamwork. In the earlier set-up for developmental works, a hierarchy of departmental people was made responsible for directing project activities. They were also technically qualified. Under People’s Planning the various government departments were not deployed to work under the local bodies. The technical staff of the local bodies is insufficient to undertake effective directing function. The regular departmental staff is, in principle, supposed to support the local body in developmental works. However, their roles and responsibilities remain vague and unspecified. The beneficiary committee often does not have the technical expertise nor is trained in directing. The resource persons whose services are taken to fill in the gap do not have clearly defined roles and responsibilities of the directing function.
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Directing. “Directions” means written instructions by Customer to Provider on how to perform a particular task or as described in a SOW or Change Order.
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Related to Directing

  • appropriate procedures means procedures reasonably designed to prevent and detect errors and omissions. In determining the reasonableness of such procedures, weight will be given to such factors as are appropriate, including the prior occurrence of any similar errors or omissions when such procedures were in place and transfer agent industry standards, if known, in place at the time of the occurrence.

  • Applicable Procedures means, with respect to any transfer or exchange of or for beneficial interests in any Global Note, the rules and procedures of the Depositary, Euroclear and Clearstream that apply to such transfer or exchange.

  • Redirection means to divert an individual to another more appropriate activity.

  • Instructions means instructions of any Authorized Person received by the Bank, via telephone, telex, TWX, facsimile transmission, bank wire or other teleprocess or electronic instruction or trade information system acceptable to the Bank which the Bank believes in good faith to have been given by Authorized Persons or which are transmitted with proper testing or authentication pursuant to terms and conditions which the Bank may specify. Unless otherwise expressly provided, all Instructions shall continue in full force and effect until canceled or superseded. Any Instructions delivered to the Bank by telephone shall promptly thereafter be confirmed in writing by an Authorized Person (which confirmation may bear the facsimile signature of such Person), but the Customer will hold the Bank harmless for the failure of an Authorized Person to send such confirmation in writing, the failure of such confirmation to conform to the telephone instructions received or the Bank's failure to produce such confirmation at any subsequent time. The Bank may electronically record any Instructions given by telephone, and any other telephone discussions with respect to the Custody Account. The Customer shall be responsible for safeguarding any testkeys, identification codes or other security devices which the Bank shall make available to the Customer or its Authorized Persons.

  • direct “notify” “notice” or “request” means apply approve approval consent direct notify notice or request (as the case may be) in writing;

  • Directions means the directions contemplated in section 27(2) of the Act, issued by a Cabinet member relating to his or her line functions, after consultation with the Cabinet members responsible for cooperative governance and traditional affairs and justice and correctional services;

  • Instructional day means a day within the instructional term which meets the following

  • Direction by a Person means a written direction signed:

  • Redirection Notice shall have the meaning assigned to such term in Section 14(c).

  • Instruction means a notification communicated to the issuer of an uncertificated security which directs that the transfer of the security be registered or that the security be redeemed.

  • Instruction Letter means joint written instructions in a form acceptable to NCPS and executed by Issuer Party directing NCPS to the disburse the Escrow Funds to Issuer pursuant to Section 4(a).

  • Administrative Procedures means the Administrative Procedures of Minnesota Management & Budget developed in accord with M.S. 43A.04, subdivision 4.

  • Applicable Depository Procedures means, with respect to any transfer or transaction involving a Global Security or beneficial interest therein, the rules and procedures of the Depositary for such Security, in each case to the extent applicable to such transaction and as in effect from time to time.

  • Authorized Instructions shall have the meaning set forth in Section 1.5.

  • Direct Payment means a payment granted directly to farmers under a support scheme listed in Annex I;

  • Usage directions means the text or graphics on the product's principal display panel, label, or accompanying literature which describes to the end user how and in what quantity the product is to be used.

  • Participant Direction Procedures means such instructions, guidelines or policies, the terms of which are incorporated herein, as shall be established pursuant to Section 4.10 and observed by the Administrator and applied and provided to Participants who have Participant Directed Accounts.

  • Authorized Investment means any type of instrument, security, participation or other property in which Cash Collateral may be invested or reinvested, as described in Section 5(f) hereof and Appendix 4 hereto (and as such Appendix may be amended from time to time by written agreement of the parties).

  • Direct response solicitation means a solicitation through a sponsoring or endorsing entity or individually solely through mails, telephone, the Internet or other mass communication media.

  • Authorized Investments means: any investment which may be authorized by the Commission but does not include restricted investments as specified in the Offering Documents from time to time.

  • Indirect Depository Participant An institution that is not a Depository Participant but clears through or maintains a custodial relationship with Participants and has access to the Depository's clearing system.

  • Request for an accounting means a record authenticated by a debtor requesting that the recipient provide an accounting of the unpaid obligations secured by collateral and reasonably identifying the transaction or relationship that is the subject of the request.

  • Directed means under a direction of the Director of Technical Education 3 or the chief executive officer of an approved college 4;

  • Depository Agent is defined in Section 2.6(a) of the Agreement.

  • Common Depository has the meaning specified in Section 304(b).

  • Direct access means access to a patient or resident or to a patient's or resident's property, financial information, medical records, treatment information, or any other identifying information.