Good Standing definition

Good Standing means a valid MNO Community Charter Agreement that is recognized by MNO as active and that is not under an order of revocation or suspension by the MNO. If, in the opinion of MNO, the Community Council has ceased to effectively function for a period of 6 months, then the Community Charter is deemed to be no longer active. A Community Charter can be reactivated, with the consent of MNO, by means of a Community Council resolution, whereby the restored Community Council agrees to adopt and abide by the terms and conditions of its MNO Community Charter Agreement, this Community Code, the MNO By-Laws and the MNO Statement of Prime Purpose.
Good Standing means not being blacklisted or involved in illegal activities ,must comply with Sol Plaatje Municipality Credit Control Policy with regard to payments for services , and must have satisfactorily complied with present and previous contractual obligations.
Good Standing means the applicant:

Examples of Good Standing in a sentence

  • If the Grantee’s Retirement occurs, the PSUs that become Awarded PSUs and that have not yet become vested and nonforfeitable in accordance with the terms and conditions of this Agreement will become payable on the remaining Scheduled Vesting Date(s) specified in Section 3 of this Agreement, provided that the Grantee is in Good Standing with the Company as of the date of such payment.

  • For purposes of Awarded PSUs subject to this Section 5(b), each Scheduled Vesting Date specified in the preceding sentence is referred to in this Agreement as the “Retirement Payout Date.” If at any time after the Grantee’s Retirement the Grantee is not in Good Standing with the Company, one hundred percent (100%) of the outstanding Awarded PSUs will be forfeited immediately.


More Definitions of Good Standing

Good Standing means, for the purpose of reciprocity, that:
Good Standing means an Account that is not past due or over the stated credit limit;
Good Standing. An Account is in Good Standing if: • the Primary Cardholder has applied for the Account; • the Bank has approved and opened the Account; • the Primary Cardholder has not advised the Bank to close the Account; and • the Bank has not suspended or revoked credit privileges or otherwise closed the Account. • an institution that has been accredited and licensed by the appropriate authority as a Hospital to treat patients on an in-patient, outpatient and emergency basis; or • the nearest appropriate medical facility that has been approved in advance by Our Administrator.
Good Standing as used in this Section, shall mean employees who gave the required minimum two (2) weeks’ notice and who have not been discharged for cause. It shall also mean employees who have been laid off.
Good Standing means that the Tenderer and/or nominated person shall not be in any
Good Standing means a foreign practitioner holds a current license that is not issued on a temporary or restricted basis, is not encumbered or on probation, and is not suspended or revoked.
Good Standing means the status - solely with respect to eligibility to (1) vote in executive board elections, (2) vote to amend the bylaws, and (3) nominate or run for any membership position on the executive board - applicable to an association member who is current on the payment of common expenses, late fees, interest on unpaid assessments, legal fees, or other charges lawfully assessed, and which association member has not failed to satisfy a judgment for common expenses, late fees, interest on unpaid assessments, legal fees, or other charges lawfully assessed. An association member is in good standing if he is in full compliance with a settlement agreement with respect to the payments of assessments, legal fees or other charges lawfully assessed, or the association member has a pending, unresolved dispute concerning charges assessed which dispute has been initiated: through a valid alternative to litigation pursuant to subsection c. of section 2 of P.L.1993, c.30 (C.45:22A-44); through subsection (k) of section 14 of the "Condominium Act," P.L.1969, c.257 (C.46:8B-14); or through a pertinent court action.