In lieu definition

In lieu means “in place of” or “instead of.” BPA interprets this to mean that when another entity is authorized or required under other agreements or provisions of law to undertake an activity, BPA’s funds can also be used, but only if they add to funding by the entity.
In lieu means instead of, so the sentence Time Off In Lieu means time off instead of (payment)
In lieu means ‘instead of’ - there is no ambiguity in this term. I therefore find, as a matter of fact, that ‘fees’ are completely distinct from ‘commission’.

Examples of In lieu in a sentence

  • In lieu of such fractional Rights, there shall be paid to the registered holders of the Right Certificates with regard to which such fractional Rights would otherwise be issuable, an amount in cash equal to the same fraction of the current market value of a whole Right.

  • In lieu of such fractional Rights, there shall be paid to the registered holders of the Rights Certificates with regard to which such fractional Rights would otherwise be issuable, an amount in cash equal to the same fraction of the current market value of a whole Right.

  • In lieu of such fractional Common Shares, the Company shall pay to the registered holders of the Right Certificates with regard to which such fractional Common Shares would otherwise be issuable an amount in cash equal to the same fraction of the current market value of a whole Common Share.

  • In lieu of fractional shares of Common Stock, the Company may pay to the registered holders of Rights Certificates at the time such Rights are exercised as herein provided an amount in cash equal to the same fraction of the current market value of one (1) share of Common Stock.

  • In lieu of delivering fractional ADSs, the Depositary shall sell the number of Shares or ADSs, as the case may be, represented by the aggregate of such fractions and distribute the net proceeds upon the terms described in Section 4.1 of the Deposit Agreement.

  • In lieu of delivering fractional ADSs, the Depositary shall sell the number of Shares represented by the aggregate of such fractions and distribute the proceeds upon the terms set forth in the Deposit Agreement.

  • In lieu of fractional Preferred Shares that are not integral multiples of one one-hundredth of a Preferred Share, the Company shall pay to the registered holders of Right Certificates at the time such Rights are exercised as herein provided an amount in cash equal to the same fraction of the current market value of one Preferred Share.

  • In lieu of issuing certificates for shares, the Trustees or the transfer agent may either issue receipts therefor or may keep accounts upon the books of the Trust for the record holders of such shares, who shall in either case be deemed, for all purposes hereunder, to be the holders of certificates for such shares as if they had accepted such certificates and shall be held to have expressly assented and agreed to the terms hereof.

  • In lieu of delivering collateral to a pledgee, the Custodian, on the receipt of Instructions, shall transfer the pledged Securities to a segregated account for the benefit of the pledgee.

  • In lieu of such opinions for subsequent periodic filings, in the discretion of the Agent, the Company may furnish a reliance letter from such counsel to the Agent, permitting the Agent to rely on a previously delivered opinion letter, modified as appropriate for any passage of time or Triggering Event Date (except that statements in such prior opinion shall be deemed to relate to the Registration Statement and the Prospectus as amended or supplemented as of such Triggering Event Date).


More Definitions of In lieu

In lieu means the cash received as a result of the Eligible Employee waiving enrollment in
In lieu. “RDO” shall mean Rostered Day Off. "CPI" shall mean the weighted average for the twelve (12) month period up to the end of the September quarter each year for Adelaide as reported by the Australian Bureau of Statistics (ABS).
In lieu is defined as the performance of substitute service by an employee during his/her assigned preparation period or other Principal-approved service pursuant to paragraph J. A “conference period” does not qualify as a “preparation period.” Accordingly, special education staff who also receive conference periods may not perform or receive in-lieu during conference periods, except as indicated in paragraph L.
In lieu means In Lieu of Property Tax payments provided for under State law.