Rectification Action definition

Rectification Action refers to the desired action to be taken by Project Co to rectify or alleviate the applicable NPE, which needs to be taken to suspend the applicable NPE Payment Adjustment.
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Examples of Rectification Action in a sentence

  • Sec Rate Allocation Trigger Rectification Timeframe Rectification Action boundaries of the Known Contaminated Locations contains Contamination.

Related to Rectification Action

  • Collection Action means any of the following:

  • Rectification Plan means the rectification plan pursuant to the Rectification Plan Process;

  • resolution action means the decision to place an institution or entity referred to in point (b), (c) or (d) of Article 1(1) under resolution pursuant to Article 32 or 33, the application of a resolution tool, or the exercise of one or more resolution powers;

  • Rectification Plan Process means the process set out in Clause 38.2 (Rectification Plan Process);

  • Rectification Period means the period of time set out in Section 4.3 of this RFP during which a Proponent will be permitted to rectify its Proposal to satisfy the mandatory submission requirements of this RFP.