Extinguishment definition

Extinguishment means the complete extinguishment of Native Title at law. "Extinguishment Areas" means any areas of land or waters:
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Examples of Extinguishment in a sentence

  • Statement of Financial Accounting Standard No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishment of Liabilities dated September 2000, published by the Financial Accounting Standards Board of the Financial Accounting Foundation.

  • Homeowners struggling with unaffordable mortgage payments may be eligible to participate in the Principal Reduction Recast/Lien Extinguishment for Unaffordable Mortgages Program and SMRP program to achieve an affordable mortgage payment.

  • Extinguishment ............................................................

  • Share price at closing $ 1.13 $ 1.42 $ 1.43 Value of common and preferred shares issued $ 23,491 $ 29,519 $ 29,727 Present value of new notes* 167,232 167,232 167,232 Fees and expenses to/on behalf of holders 1,240 1,240 1,240 Total value $ 191,963 $ 197,991 $ 198,199 Accounting treatment ** Modification Modification Extinguishment * Using a discount rate of 6.75%, in accordance with EITF No 96-19.

  • The permits are to include but not be limited to:- Restricted Areas Confined Spaces Roof Access Fire Alarm / Extinguishment Isolation HV Working Hot Working Pressure Vessels Live Working will not be allowed on HV/LV installations The Contractor’s Operatives, Visitors and Subcontractors will comply strictly with the conditions imposed by Permits to Work.

  • Extinguishment and Replacement This Lease extinguishes and replaces any prior leases between the Parties related to the Property upon the effective date hereof.

  • In the event that the Company determines that no amount is payable on the CVRs to the Holder on the Maturity Date or the Disposition Payment Date, as the case may be, as a result of Automatic Extinguishment or otherwise, the Company shall give to the Holder and the Trustee written notice of such determination.

  • Extinguishment must be the result of a judicial proceeding in a court of competent jurisdiction.

  • For the purposes of the Section entitled Extinguishment, the parties agree that the fair market value of this Conservation Easement as of the date of the termination or extinguishment shall be the amount of compensation due Rangeland Trust as the result of such termination or extinguishment.

  • The Affidavit of Extinguishment will be provided to FHWA and USFS/BLM once recorded.

Related to Extinguishment

  • Refinancing shall have correlative meanings.

  • Permitted Refinancing means, with respect to any Person, any modification, refinancing, refunding, renewal, replacement or extension of any Indebtedness of such Person; provided that (a) the principal amount (or if issued with original issue discount, the issue price) thereof does not exceed the principal amount (or if issued with original issue discount, the accreted value) of the Indebtedness so modified, refinanced, refunded, renewed, replaced or extended except by an amount equal to unpaid accrued interest (including capitalized interest) and premium thereon plus other amounts owing or paid related to such Indebtedness, and fees, premiums, penalties and expenses (including any upfront fees and original issue discount) reasonably incurred, in connection with such modification, refinancing, refunding, renewal, replacement or extension and by an amount equal to any existing commitments unutilized thereunder, (b) other than with respect to a Permitted Refinancing in respect of Indebtedness permitted pursuant to clause (vi) of Section 6.01(a), such modification, refinancing, refunding, renewal, replacement or extension has a final maturity date equal to or later than the final maturity date of, and has a weighted average life to maturity equal to or greater than the weighted average life to maturity of, the Indebtedness being modified, refinanced, refunded, renewed, replaced or extended, (c) other than with respect to a Permitted Refinancing in respect of Indebtedness permitted pursuant to clause (vi) of Section 6.01(a), at the time thereof, no Event of Default shall have occurred and be continuing and (d) if such Indebtedness being modified, refinanced, refunded, renewed, replaced or extended is Subordinated Indebtedness, to the extent such Indebtedness being modified, refinanced, refunded, renewed, replaced or extended is subordinated in right of payment to the Obligations, such modification, refinancing, refunding, renewal, replacement or extension is subordinated in right of payment to the Obligations on terms at least as favorable to the Lenders as those contained in the documentation governing the Indebtedness being modified, refinanced, refunded, renewed, replaced or extended, and such modification, refinancing, refunding, renewal, replacement or extension is incurred by one or more Persons who is an obligor of the Indebtedness being modified, refinanced, refunded, renewed, replaced or extended.

  • Permitted Refinancing Debt means any Debt that Refinances any other Debt, including any successive Refinancings, so long as:

  • Restructuring has the meaning set forth in the Recitals.

  • Novation means the process or the act of replacing the party in any agreement (including any sub-license in respect of the SFM Project), by another party such that the agreement transferred by the Novation process transfers all rights, duties and obligations from the original obligor to the transferee/ new obligor;