No Reduction definition

No Reduction. Except as set out in Schedule “A”, the interests of the Vendor in the Assets are not subject to reduction on payout of a well or otherwise, or subject to modification in size or nature by virtue of any right or interest granted by, through or under the Vendor or of which the Vendor is otherwise aware;
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No Reduction. The total amount originally raised through the Notes shall not be modified, directly or indirectly, including by means of agreements that establish the Issuer’s obligation to compensate the Noteholders if a new note with better remuneration conditions is issued, except pursuant to any re-purchase or redemption authorized under Resolution No. 4192.
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Examples of No Reduction in a sentence

  • No Reduction or Limit of Obligation: By requiring insurance, the County does not represent that the coverage and limits will necessarily be adequate to protect the Consultant.

  • Ownership of TI asset Construction performed by Reimbursed/ Paid by Accounting treatement I Port Port Port Yes No No II Port Tenant Port Yes No No III Port Port Tenant Yes Capital Contribution No IV Tenant Tenant Tenant No No No V Tenant Tenant Port No Reduction to revenue No VI Tenant Port Tenant No Non-operating Non-operating The Port must be notified by the tenant for the specific assets constructed with the associated values to qualify for capitalization.

  • First Three (3) Years - No Reduction Weeks 1 through 4 of Fourth Year - No Reduction Weeks 5 through 8 of Fourth Year - 1/3 Reduction Weeks 9 through 12 of Fourth Year - 2/3 Reduction Week 13 & thereafter of Fourth Year - Full Reduction * During the three year period following the effective date of the assign- ment the employee shall continue to be paid while in the lower paid job, an amount equivalent to the rate of pay of the higher paid job in effect at the time of the assignment.

  • E2.5 No Reduction by reason of Range of Rates Individual salary rates cannot be reduced by reason of operation of the ranges of rates.

  • No Reduction In Force shall result in class sizes below that required by Section 10.04, herein.

  • No Reduction in Certain Vested Accrued Benefits by Reason of Re-Employment...........

  • No Reduction in Overall Conditions (5.2) • Given the grouping of the common conditions for “general employees”, it was important to ensure changes did not reduce the overall benefits received by an employee in the proposed EA compared to the current EA.

  • Employees Shall Suffer No Reduction In Wages or Conditions By The Signing Of This Agreement.

  • No Reduction or Defense.............................................44 11I.

  • No Reduction Securities excluded from the underwriting by reason of the underwriter’s marketing limitation shall be included in such registration.

Related to No Reduction

  • Increase has the meaning specified therefor in Section 2.14.

  • Aggregate Reduction has the meaning specified in Section 1.3.

  • Decrease means a Mandatory Decrease or a Voluntary Decrease, as applicable.

  • extended reduction means a reduction under this scheme for which a person is eligible under Part 12 (extended reductions);

  • Reduction means measures designed to reduce or eliminate human exposure to lead-based paint hazards through methods including interim controls and abatement.