NZ Separation definition

NZ Separation means the transfer of the NZ Transferring Assets from the Company to Mercury Windfarms on the terms set out in the Scheme Plan.
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Examples of NZ Separation in a sentence

  • NZ Separation) Tilt Renewables will provide timely cooperation to the Acquirer and Mercury in connection with the New Zealand Separation.

  • The Acquirer and Mercury acknowledge that, as a result of Mercury’s involvement in the NZ Separation aspects of the Scheme, Mercury will form a separate interest class (as defined in section 236A(5) of the Companies Act 1993) of Shareholders for the purposes of section 236A(4)(a) of the Companies Act 1993 in respect of the Scheme.

  • This drafting, which is consistent with other regulatory practice, aligns to the approach taken to “arm’s length” principles in the Telecom NZ Separation Undertaking9 as well as, for example, the rules governing access to rail infrastructure in the Queensland rail sector (see section 438H of the Transport Infrastructure Act 1994 (Qld)).

  • This approach to using ‘shared services’ has been accepted in most ring-fencing arrangements, including functional separation regimes in telecommunications (see, for example, clause 98 of the NZ functional separation model – under the Telecom NZ Separation Undertaking10).

Related to NZ Separation

  • Air gap separation means the unobstructed vertical distance through the free atmosphere between the lowest opening from any pipe or faucet supplying water to a tank, plumbing fixture, or other device and the overflow level rim of the receptacle, and shall be at least double the diameter of the supply pipe measured vertically above the flood level rim of the vessel, but in no case less than one inch.

  • Source separation means the separation of different kinds of solid waste at the place where the waste originates.

  • Separation shall have the meaning set forth in the Recitals.

  • Master Separation Agreement has the meaning set forth in the recitals.

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • Separation Date has the meaning set forth in the Separation Agreement.

  • CIC means the Construction Industry Council.

  • Separation Time means the close of business on the tenth Trading Day after the earlier of:

  • Secondment means temporary employment of staff by a beneficiary with the right for the staff to return to the previous employer;

  • Separation Transaction means the sale or separation of the non-television business of the Holding Company in whole or in part, whether by asset sale or otherwise.

  • New employee orientation means the onboarding process of a newly hired classified employee, whether in person, online, or through other means or mediums, in which employees are advised of their employment status, rights, benefits, duties and responsibilities, or any other employment-related matters.

  • Source Separated means the segregation, by the Generator, of materials designated for separate Collection for some form of Recycling, Composting, recovery, or reuse.

  • Marine terminal means a public or private commercial wharf

  • Separation Transactions has the meaning set forth in the Separation and Distribution Agreement.

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Company Employee Agreement means any management, employment, severance, change in control, transaction bonus, consulting, repatriation or expatriation agreement or other contract between any Group Company and any current or former employee, director or officer of such Group Company.

  • Living Wage Employee means any and all employees of the Contractor and all Subcontractors of the Contractor that perform any part of the Work on a property owned by or leased to the City, including all streets, sidewalks and other public rights of way, for at least one consecutive hour, but excluding Students, volunteers and employees of Social Enterprises;

  • Severance Term means the six (6) month period following Employee’s termination by the Company without Just Cause (other than by reason of death or Disability) or by Employee for Good Reason; provided, that if such termination occurs within twelve (12) months following a Change in Control, the Severance Term shall be the twelve (12) month period following such termination.

  • Hourly employee means an employee who is compensated on an hourly basis for each hour of work performed, including time worked beyond 40 hours in a workweek.

  • SpinCo Separate Return means any Separate Return of SpinCo or any member of the SpinCo Group.

  • Prior Employment Agreement has the meaning set forth in the recitals hereto.

  • Active Employment means you must be actively at work for the Sponsor:

  • Self-employment shall be where a Claimant sets up his/her own business and is responsible for paying his/her tax and National Insurance.

  • Company Services means any services (including but not limited to technical and product support, technical advice, underwriting and customer services) supplied by the Company or its Affiliates in the specialty property and/or casualty insurance business.

  • Termination, Moving You may cancel your acceptance of the Agreement with XOOM at any time prior to midnight of the thirtieth (30th) calendar day after the date of the first bill from your utility that includes XOOM charges for gas supply service without penalty or cancellation fee by calling XOOM at 0-000-000-0000 or by sending an email to xxxxxxxxxxxx@xxxxxxxxxx.xxx. When moving to an address within your local utility’s service territory, XOOM will make every effort to transfer your service to your new service address, provided that you notify XOOM within fifteen (15) days of your move. If a transfer of service is not successful or you move to a location outside your local utility’s service territory, you may cancel this Agreement at no cost to you. Failure to notify XOOM of your move will be considered a cancellation of this Agreement in accordance with its terms.

  • New employee means a Full-Time Employee first employed by the Company in the Project and who is hired on or after the Effective Date of this Agreement.