In effect definition

In effect when used with respect to a Sublease means a Sublease, the term of which has commenced and under which rent has become payable (or if not yet payable, will become payable upon expiration of a rent abatement period provided for in such Sublease) regardless of whether the space leased thereby is occupied by the Subtenant.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

In effect means that cases filed in these courts are subject to the requirements of the federal rule. Where the federal rule is in effect, the court may nonetheless use local rules or orders to alter the effect of the federal rule—e.g., by exempting such case types as habeas corpus, social security, and bankruptcy; setting different time frames for disclosure; or permitting individual judges to opt out. Local rules or orders may also establish an effective date later than December 1, 1993 and may specify whether the federal rules apply only to newly filed cases or also to pending cases. Two significant alterations—not requiring documents adverse to one’s case and not requiring damage computations—are noted in the table. Some courts’ orders in response to the federal rule are explicit only in stating which provisions are rejected. When the order does not specifically reject a provision, we assume it is in effect.

In effect says Astin, “this means that students show pretty much the same degree of spiritual/religious interest and involvement regardless of their social class level.”

Examples of In effect in a sentence

• In effect the employee only has to work a total of six (6) months qualifying time.

• In effect, hedging in bad faith is the employment of various techniques but, basically taking equal and opposite positions in the same Financial Product or a Financial Product highly correlated at near the same time, indicating no interest in genuine trading.

• In effect, therefore, absent a court decision in the individual case or controlling precedent, the provisions of the Agreement will not apply to liabilities of the Indemnitee arising under the Securities Act unless and only to the extent that the Indemnitee is successful in the defense of the action, suit or proceeding in question.

• This results in the following variation of the variable “AA” in the formula as applied to the RIF I Industrial Center: RIF I Industrial Center 25 = 25 - 0 RIF II Industrial Center 0 = 25 - 25 RIF V Industrial Center 0 = 25 - 25 Total Portfolio Adjustment (“TPA”) 25 In effect, RIF I has repaid debt using $25 that otherwise would have been available for distribution to RIF I investors as part of the pre-Closing working capital distribution.

• In effect, employees with less seniority are paid one (1) step higher than their more senior co-workers.

• In effect, this Agreement becomes a compact that defines how we work together in the interest of students.

• In effect, this means that the Company based on the conditions referred to above may transfer any part of any unrealised losses from a banking institution to an account of the Company.

• Years of Continuous and Current Contract Employment (In effect July 1st of that year) Total Vacation Days Beginning 1 - 5 years 10 days Beginning 6 -10 years 12 days Beginning 11th year 13 days Beginning 12th year 14 days Beginning 13th year 15 days Beginning 14th year 16 days Beginning 15th year 21 days [c] Vacation time is to be used each year.

• In effect as of September 1, 2019, Texas law makes it illegal for anyone under 21 to use or possess tobacco and nicotine products—with the exception of military members.

• In effect, you have authorized each transaction to take place as though you yourself have completed them and the bank will not be held liable for individual user actions.

More Definitions of In effect

In effect with respect to the IS/IT Agreement shall mean that (a) the IS/IT Agreement has not terminated in accordance with its original term or renewal term, as the case may be, and (b) if the IS/IT Agreement has been terminated by a party other than CGI or any Affiliate of CGI pursuant to the exercise of a right contained in the IS/IT Agreement to elect early termination for, or as a result of or pursuant to: (i) a breach or default by CGI (or the applicable CGI Affiliate), or

In effect means, with respect to the Summit Parent Guarantee, that the Termination Date (as defined in the Summit Parent Guarantee) has not yet occurred or the Termination Date has occurred but the Gap Period (as defined in the Summit Parent Guarantee) is continuing and has not yet expired by its terms.

In effect means ‘to all intents and purposes’.

In effect means the point at which the campus community was expected to comply with the policy.

In effect means, in respect of the Loan Agreement, any time when the “Senior Liabilities” (as defined in the Intercreditor Agreement) shall not be “Fully Paid” (as defined in the Intercreditor Agreement) up to the “Maximum Aggregate Principal Amount” (as defined in the Intercreditor Agreement) plus all interest, fees (including attorneys’ fees), indemnification obligations (to the extent set forth in the Intercreditor Agreement), costs and expenses thereof whether accrued or incurred before or after an “Insolvency Proceeding” (as defined in the Intercreditor Agreement) and regardless of whether or not allowed or allowable in any “Insolvency Proceeding,” and the Agent having received any amounts required pursuant to the last sentence of Section 4.01(a) of the Intercreditor Agreement.

In effect means, with respect to the Secured Borrowing Base, that the Borrower has delivered written notice to the Administrative Agent of the Borrower’s election to utilize the Secured Borrowing Base, and the Borrower has not subsequently rescinded such election in writing (which notice of rescission may be included in any Release Notice) in accordance with the terms of this Agreement. For the avoidance of doubt, such notice and any subsequent rescission of such notice may be made by e-mail to the Administrative Agent in accordance with Section 10.7.