Materiality Determination definition

Materiality Determination. With respect to a Category 1 Request, the determination by Primary Servicer, exercised in good faith using the "Servicing Standard" set forth in the Pooling and Servicing Agreement, whether a Category 1 Consent Aspect is material and should be referred to the Special Servicer for consent in accordance with this Agreement and the Pooling and Servicing Agreement.
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Materiality Determination. : means with respect to a Category 1 Request, Master Servicer's determination, exercised in good faith using the Servicing Standard, whether a Category 1 Consent Aspect is material and should be referred to the Special Servicer for consent in accordance with this Agreement.
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Materiality Determination is defined in Section 9.2. Exhibit C
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Examples of Materiality Determination in a sentence

  • If Primary Servicer classifies a Post Closing Request as a Category 1 Request or Deemed Category 1 Request, it shall promptly (but in no event more than five (5) Business Days after receiving such request) notify Master Servicer of (a) such request; (b) Primary Servicer's classification of the Post Closing Request as a Category 1 Request or Deemed Category 1 Request; and (c) Primary Servicer's Materiality Determination regarding any Category 1 Consent Aspect involved in such request.

  • The Scheme’s Materiality Determination Process is being refined and will, in future, include formal input processes to verify and prioritise aspects of each material matter.

  • Treasury Board Accounting Standard 1.2 - Departmental and Agency Financial StatementTreasury Board Accounting Standard 2.1 - Summary of Significant Accounting PoliciesFIS Accounting Manual Section 4.0 CICA Handbook Section 1510Receiver General Manual Chapter 10 Departmental and Central Accounting Entries (Under Full FIS) Appendix A - Materiality Determination To determine materiality a number of factors, both qualitative and quantitative, must be considered.

  • The surface should be moist, but no droplets of moisture should be apparent on the surface of the medium or on the petri dish covers when the plates are inoculated.

  • Nichirei Group Materiality Determination Process 1 Identifying stakeholders Since our business domain is food provision, we are aware of our tremendous social responsibility, being involved, as we are, with many stakeholders and impacting their lives and society at large.

  • Materiality Determination The Chief Financial Officer, the Vice-President, General Counsel and Corporate Secretary and the Vice-President, Human Resources and Corporate Affairs, acting together, are responsible for determining the materiality of information.

  • Hence, by a choice of a sufficiently small T > 0 we come to the conclusion that Λ is a strict contraction.

  • MATERIALITYASSESSMENTThe Board and the management conducted an evaluation of the Group’s risk and investment strategies in accordance with the Materiality Determination Process Tools as listed in the Sustainability Reporting Guide, Practice Note 7.6 of the SGX-ST MainboardListingRules.Theassessmentwastoidentifytheeconomic,environmental,socialandgovernancerisksandopportunities that could have a positive and/or negative impact on the Group’s businesses.

  • GEMS’ Materiality Determination ProcessGEMS is committed to ensuring that its members and other stakeholders have access to accurate and reliable information.

  • If Primary Servicer classifies a Post Closing Request as a Category 1 Request or Deemed Category 1 Request, it shall promptly (but in no event more than five (5) Business Days after receiving such request) notify Capmark Master Servicer of (a) such request; (b) Primary Servicer's classification of the Post Closing Request as a Category 1 Request or Deemed Category 1 Request; and (c) Primary Servicer's Materiality Determination regarding any Category 1 Consent Aspect involved in such request.

Related to Materiality Determination

  • TIA Applicability Determination As defined in Section 12.12.

  • Adverse determination shall have the meaning set forth in Section 19.7.

  • Adverse Benefit Determination means any of the following:

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Index Determination Date means, in relation to any Index, a date on which such Indexfalls to be determined in accordance with the Conditions;

  • SOFR Determination Date has the meaning specified in the definition of “Daily Simple SOFR”.

  • SOFR Determination Time means 3:00 p.m. (New York time) on the U.S. Government Securities Business Day, at which time Compounded SOFR is published on the FRBNY’s Website.

  • Final Recovery Determination With respect to any defaulted Mortgage Loan or any REO Property (other than a Mortgage Loan or REO Property purchased by the Responsible Party as contemplated by this Agreement), a determination made by the Servicer that all Insurance Proceeds, Condemnation Proceeds, Liquidation Proceeds and other payments or recoveries which the Servicer, in its reasonable good faith judgment, expects to be finally recoverable in respect thereof have been so recovered. The Servicer shall maintain records, prepared by a Servicing Officer, of each Final Recovery Determination made thereby.

  • Final Determination Date means the following:

  • Expert Determination the process described in Paragraph 6 of Schedule 8.3 (Dispute Resolution Procedure);

  • ABR Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Reviewing Party means any appropriate person or body consisting of a member or members of the Company's Board of Directors or any other person or body appointed by the Board of Directors who is not a party to the particular Claim for which Indemnitee is seeking indemnification, or Independent Legal Counsel.

  • Final Determination means the final resolution of liability for any Tax for any taxable period, by or as a result of (a) a final decision, judgment, decree or other order by any court of competent jurisdiction that can no longer be appealed, (b) a final settlement with the IRS, a closing agreement or accepted offer in compromise under Sections 7121 or 7122 of the Code, or a comparable agreement under the Laws of other jurisdictions, which resolves the entire Tax liability for any taxable period, (c) any allowance of a refund or credit in respect of an overpayment of Tax, but only after the expiration of all periods during which such refund or credit may be recovered by the jurisdiction imposing the Tax, or (d) any other final resolution, including by reason of the expiration of the applicable statute of limitations or the execution of a pre-filing agreement with the IRS or other Taxing Authority.

  • Monthly Report Determination Date The meaning specified in Section 10.7(a).

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

  • Payment Determination Date means, with respect to any Payment Date, one (1) Business Day immediately preceding such Payment Date.

  • Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;

  • Initial determination means the first child custody determination concerning a particular child.

  • Term SOFR Determination Day has the meaning assigned to it under the definition of Term SOFR Reference Rate.

  • Intent-Based Replacement Disclosure means, as to any Qualifying Preferred Stock or Qualifying Capital Securities, that the issuer has publicly stated its intention, either in the prospectus or other offering document under which such securities were initially offered for sale or in filings with the Commission made by the issuer under the Securities Exchange Act prior to or contemporaneously with the issuance of such securities, that the issuer or any Subsidiary of the issuer will redeem or purchase such securities only with the proceeds of replacement capital securities that have terms and provisions at the time of redemption or purchase that are as or more equity-like than the securities then being redeemed or purchased, raised within 180 days prior to the applicable redemption or purchase date. Notwithstanding the use of the term “Intent-Based Replacement Disclosure” in the definitions of “Qualifying Capital Securities” and “Qualifying Preferred Stock”, the requirement in each such definition that a particular security or the related transaction documents include Intent-Based Replacement Disclosure shall be disregarded and given no force or effect for so long as the Corporation is a bank holding company within the meaning of the Bank Holding Company Act of 1956, as amended.