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.
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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.
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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.
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Examples of In Effect in a sentence

  • In effect, each person, corporation or other entity that seeks a County permit, license, franchise or contract must certify compliance with the ordinance.

  • In effect, under the averaging system, the employee accrues a "credit" each day the employee works actual ordinary hours in excess of the daily average which would otherwise be 7 hours 36 minutes.

  • Annual Compound Returns 1-Year 3-YearSince Inception(1)Global Healthcare Income & Growth ETF5.0%3.1%3.8%MSCI World Health Care Index3.0%5.1%5.6%S&P/TSX Composite Index(8.9%)6.4%5.2%(1) Period from September 24, 2015 (commencement of operations) to December 31, 2018.

  • In effect, under the averaging system, the employee accrues a 'credit' each day he works actual ordinary hours in excess of the daily average which would otherwise be seven hours 36 minutes.

  • In effect when the plug is removed there should not be live electric wires in the walls, roof or floor of the strong room.

  • In effect, the incidence of tax stands shifted completely to the Company and not the recipient of the buyback proceeds.

  • In effect then, following disclosure of an interest affecting impartiality, the member’s involvement in the Meeting continues as if no interest existed.

  • In effect, such contractually committed prices override benchmark reference prices for the purpose of estimating reserves data.

  • In effect, breach of a mediation clause can give rise to a claim for damages, the quantum of which is, however, difficult to ascertain.42It must be borne in mind, however, that Swiss law prescribes manda- tory conciliation in a broad variety of cases.43 The statutory duty to attempt conciliation before filing the claim in court (Schlichtungsversuch) is treated as a prerequisite to suit (Prozessvoraussetzung).

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


More Definitions of 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.”
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In Effect means ‘to all intents and purposes’.
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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.
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In Effect means the point at which the campus community was expected to comply with the policy.
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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
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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.
Sample 1

Related to In Effect

  • Early Opt-in Effective Date means, with respect to any Early Opt-in Election, the sixth (6th) Business Day after the date notice of such Early Opt-in Election is provided to the Lenders, so long as the Administrative Agent has not received, by 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Early Opt-in Election is provided to the Lenders, written notice of objection to such Early Opt-in Election from Lenders comprising the Required Lenders.

  • Distribution Effective Time means 12:01 a.m., Eastern time, on the Distribution Date.

  • Personal Effects means personal items regularly worn or carried on the person for his/her personal use, for example clothing, watch, wallet.

  • Flip-in Event means a transaction in or pursuant to which any Person becomes an Acquiring Person;

  • Plan Effective Date means the occurrence of the effective date of the Plan according to its terms.

  • Indirect Ownership Interest means an ownership interest in an entity that has an ownership interest in another entity. Indirect ownership interest includes an ownership interest in an entity that has an indirect ownership interest in another entity.

  • Security Held or to be Acquired means any Security or any equivalent Security which, within the most recent 15 days: (1) is or has been held by the Fund; or (2) is being considered by the Fund or its investment adviser for purchase by the Fund.

  • Verification on oath or affirmation means a declaration, made by an individual on oath or affirmation before a notarial officer, that a statement in a record is true.

  • Necessary Personal Effects means items such as clothing and toiletry items, which are included in the Insured’s Baggage and are required for the Insured’s Trip.

  • Security Held or to be Acquired by a Fund means (1) any Covered Security that within the most recent 15 days (a) is or has been held by one of the Funds or a mutual fund sub-advised by MCM; or (b) is being or has been considered by a Fund or MCM for purchase by the Fund or a mutual fund sub-advised by MCM; and (2) any option to purchase or sell, and any security convertible into or exchangeable for, such a Covered Security.

  • Resignation Effective Date has the meaning specified in Section 9.06(a).

  • Transition Effective Date has the meaning set forth in Section II.D.3.

  • Ownership Interest As to any Certificate, any ownership or security interest in such Certificate, including any interest in such Certificate as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial, as owner or as pledgee.

  • Non-significant effect means no substantial change to an environmental component and this no material bearing on the decision-making process.

  • And whereas The Lessee wishes to lease the Leased Premises from the Lessor in unprotected lease and to sign the Management Agreement, inter alia, as stated hereunder, and the Appendixes of this Agreement in accordance with the provisions set forth in this Agreement;

  • Significant effect under clause 10.3 above includes termination of employment (including redundancy), major changes in the composition, operation or size of the Employer’s workforce or in the skills required, the elimination or diminution of job opportunities, promotion opportunities or job tenure; the alteration of hours of work; changes to safety and/or management systems, any changes to employment practices that result in privacy concerns for employees such as implementation of electronic inductions and/or access systems; the need for retraining or transfer of Employees to other work areas or locations and the restructuring of jobs. Consultation about changes to rosters or hours of work

  • Change of Control Effective Date means the first date during the Change of Control Period (as defined in Section 7.2) on which a Change of Control occurs. Notwithstanding anything in this Agreement to the contrary, if a Change of Control occurs and if the Executive’s employment with the Company (or applicable affiliated company) is terminated prior to the date on which the Change of Control occurs, and if it is reasonably demonstrated by the Executive that such termination of employment (i) was at the request of a third party who has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or anticipation of a Change of Control, then for all purposes of this Agreement the “Change of Control Effective Date” shall mean the date immediately prior to the date of such termination of employment.

  • Breach of trust means a breach of any duty imposed on a trustee by this Act or by the terms of the trust;

  • Early Opt-in Election means the occurrence of:

  • Applicable Ownership Interest means, with respect to the Treasury portfolio,

  • Ability to Organize Full Abilities Limited Abilities Comments: Memory: Full Abilities Limited Abilities Comments: Social Interaction: Full Abilities Limited Abilities Comments: Communication: Full Abilities Limited Abilities Comments: Please identify the assessment tool(s) used to determine the above abilities (Examples: Lifting tests, grip strength tests, Anxiety Inventories, Self-Reporting, etc. Additional comments on Limitations (not able to do) and/or Restrictions (should/must not do) for all medical conditions:

  • Significant Effects under this clause 11 include termination of employment (including redundancy), major changes in the composition, operation or size of the Employer’s workforce or in the skills required, the elimination or diminution of job opportunities, promotion opportunities or job tenure; the alteration of hours of work; the need for retraining or transfer of Employees to other work areas or locations and the restructuring of jobs. Consultation about changes to rosters or hours of work

  • Termination of parental rights means the permanent elimination of all parental rights and duties, including residual parental rights and duties, by court order.

  • Change in Status means any of the events described below, as well as any other events included under subsequent changes to Code section 125 or regulations issued thereunder, which the Plan Administrator, in its sole discretion and on a uniform and consistent basis, determines are permitted under IRS regulations and under this Plan:

  • Termination of Consultancy means: (a) that the Consultant is no longer acting as a consultant to the Company or an Affiliate; or (b) when an entity which is retaining a Participant as a Consultant ceases to be an Affiliate unless the Participant otherwise is, or thereupon becomes, a Consultant to the Company or another Affiliate at the time the entity ceases to be an Affiliate. In the event that a Consultant becomes an Eligible Employee or a Non-Employee Director upon the termination of such Consultant’s consultancy, unless otherwise determined by the Committee, in its sole discretion, no Termination of Consultancy shall be deemed to occur until such time as such Consultant is no longer a Consultant, an Eligible Employee or a Non-Employee Director. Notwithstanding the foregoing, the Committee may otherwise define Termination of Consultancy in the Award Agreement or, if no rights of a Participant are reduced, may otherwise define Termination of Consultancy thereafter, provided that any such change to the definition of the term “Termination of Consultancy” does not subject the applicable Award to Section 409A of the Code.

  • company limited by guarantee means a company having the liability of its members limited by the memorandum to such amount as the members may respectively undertake to contribute to the assets of the company in the event of its being wound up;