Reduction Action definition

Reduction Action means any action, inaction, transaction, event and/or circumstance, in each case, the result of which reduces the amount of interest payable by the Borrower under the Loan Agreement (including, without limitation, the replacement or exchange of one or more Lender Notes), that would otherwise have been payable if no such action, inaction, transaction, event and/or circumstance had occurred.
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Examples of Reduction Action in a sentence

  • The Municipal Waste Planning Recycling and Reduction Action of July 28, 1988, P.L. 566, No. 101, 53 P.S. Section 4000.101 et.

  • Local Poverty Reduction Action Teams of officials and CSOs throughout the country identify projects to be funded by the participating national agencies from the national budget.

  • The GP Project will promote environmentally sustainable, low carbon economic growth as set forth in the Government’s medium- to long-term development plans (RPJP and RPJM), the National Greenhouse Gas Emission Reduction Action Plan (RAN-GRK), and Regional Spatial Plans (RTRW) (each a “Plan”).

  • AB 617 requires air districts to identify communities most impacted by air pollution and to develop, in partnership with each such community, either a local Community Emission Reduction Action Plan or an air monitoring plan.

  • If the Borrower prepays or repays an Advance in accordance with Section 4.1 or a Reduction Action occurs in respect of an Advance, whether before or after (i) the occurrence of an Event of Default or (ii) the occurrence of any Event of Bankruptcy, and notwithstanding any acceleration (for any reason) of the Obligations, the Borrower shall pay the Yield Maintenance Fee with respect to such prepayment, repayment or Reduction Action, as applicable, and such Yield Maintenance Fee shall be due and payable.

  • Reduction: Action taken by the Board of Trustees to shorten a position in hours or days worked.

  • If the Borrower prepays or becomes obligated to repay an Advance in accordance with Section 4.1(a), (c), (d) or (e) or Section 9.1(bb) or a Reduction Action occurs in respect of an Advance, the Borrower shall pay the Yield Maintenance Fee with respect to such prepayment, repayment or Reduction Action, as applicable, and such Yield Maintenance Fee shall be due and payable.

  • To the extent the Settling Parties do not dispute specific original provisions of the SSO Reduction Action Plan or specific recommended revisions, the City shall implement all undisputed provisions or revisions, if possible.

  • For the purpose of carrying out Part A(1)(f) of the Project, Guangxi shall through Nanning implement the Nanning Industrial Pollution Reduction Action Plan in a manner satisfactory to the Association.

  • The County also proposes to perform an MFA to evaluate long-term sediment transport and channel stability, which will be based on the methods developed for the Clarks Creek Sediment Reduction Action Plan (BC 2013; ▇▇▇▇▇▇ and ▇▇▇▇▇▇ 1960).

Related to Reduction Action

  • Collection Action means any of the following:

  • 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;

  • Waste reduction , or “pollution prevention” means the practice of minimizing the generation of waste at the source and, when wastes cannot be prevented, utilizing environmentally sound on-site or off-site reuse and recycling. The term includes equipment or technology modifications, process or procedure modifications, product reformulation or redesign, and raw material substitutions. Waste treatment, control, management, and disposal are not considered pollution prevention, per the definitions under Part 143, Waste Minimization, of the Natural Resources and Environmental Protection Act (NREPA), 1994 PA 451, as amended.

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

  • Aggregate Reduction has the meaning specified in Section 1.3.