Proper definition

Proper or “properly” means meeting original manufac- turer’s equipment standards or the equivalent.
Proper means includes:
Proper requires that interest be incurred at a rate not in excess of what a prudent borrower would have had to pay in the money market on the date the loan was made, and be paid to a lender not related through control or ownership to the borrowing organization.

Examples of Proper in a sentence

  • Proper precautions shall be taken pursuant to state law and standard practices to protect workers, general public and existing structures from injury or damage.

  • Oral instructions will be considered Proper Instructions if the Custodian reasonably believes them to have been given by a person authorized to give such instructions with respect to the transaction involved.

  • All Proper Instructions relating to a segregated account shall specify the Fund.

  • Following the receipt of Proper Instructions directing the Foreign Custody Manager to close the account of a Portfolio with the Eligible Foreign Custodian selected by the Foreign Custody Manager in a designated country, the delegation by the Board on behalf of the Portfolios to the Custodian as Foreign Custody Manager for that country shall be deemed to have been withdrawn and the Custodian shall immediately cease to be the Foreign Custody Manager of the Portfolios with respect to that country.

  • Proper Instructions may relate to specific transactions or to types or classes of transactions, and may be in the form of standing instructions.


More Definitions of Proper

Proper means necessary, advisable, desirable, expedient or convenient.
Proper means that the interest is incurred at a rate not in excess of what a prudent borrower would be obliged to pay in an arm's-length transaction and is incurred on debt obtained from a lender not related to the borrower through common ownership or control, except for funds borrowed in accordance with section 75-02-06-04.1.
Proper means right, correct, or accepted.
Proper means that each trustee and KFH must be honest, diligent and independent-minded.
Proper mode means that the mode is the method taught by Scripture and/or apostolic practice.
Proper. Instructions shall mean those instructions sent to M&I by letter, memorandum, telegram, cable, telex, telecopy facsimile, computer terminal, e-mail or other "on line" system or similar means of communication or given orally over the telephone or given in person by one or more of the person(s) whose name(s) and signature(s) are listed on the most recent certificate delivered by Customer to M&I which lists those persons authorized to give orders, corrections and instructions in the name of and on behalf of Customer. Proper Instructions shall specify the action requested to be taken or omitted.
Proper means that the semantics of query terms match the semantics of the input element.