Relevant Obligation definition

Relevant Obligation means an obligation under this contract in respect of which a Force Majeure Event has occurred and the Affected Party has claimed relief under this Clause 17.

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Relevant Obligation has the meaning ascribed to it in Clause 17.1;

Relevant Obligation has the meaning ascribed to it in clause 17; "Rolled Over Access Proposal" has the meaning ascribed to it in Part D of the Network Code;

Examples of Relevant Obligation in a sentence

• If the Company or the Company’s designee, as applicable, do not accept such offer at such time, the provisions of this Section 5.06(b) shall remain in effect with respect to such Relevant Obligation.

• Within five (5) Business Days from the date of receipt of the Debt Price Notice, the Company or the Company’s designee shall notify the Debt Offer Party whether it accepts the offer at such time and, if so, shall purchase such Relevant Obligation at such time.

• If the Protected Party, the Company or the Company's designee, as applicable, do not accept such offer at such time, the provisions of this Section 5.03(b) shall remain in effect with respect to such Relevant Obligation.

• Within five (5) Business Days from the date of receipt of the Price Notice, the Protected Party, the Company or the Company's designee shall notify the Standstill Party whether it accepts the offer at such time and, if so, shall purchase such Relevant Obligation at such time.

• Each Designation Notice must include a date on which such Relevant Obligation will or is intended to become effective, which must fall not less than 10 Business Days after the date of delivery of the Designation Notice.

More Definitions of Relevant Obligation

Relevant Obligation has the meaning set forth in Section 8.01(e).

Relevant Obligation means an obligation under the Contract in respect of which a Force Majeure Event has occurred and the Affected Party has claimed relief under this paragraph 5.

Relevant Obligation has the meaning ascribed to it in Clause 17; "Relevant Year" means: (a) a year commencing at 0200 hours on 01 April and ending at 0159 hours on the immediately following 01 April; (b) in respect of the first Relevant Year, the period from the Effective Date until 0159 hours on the immediately following 01 April; and (c) in respect of the last Relevant Year, the period ending on the expiry or termination of this Contract and commencing at 0200 hours on the immediately preceding 01 April;

Relevant Obligation means the Obligations of the Reference Entity which fall within the Obligation Category "Bond or Loan" and which are outstanding immediately prior to the Succession Date (or, if there is a Steps Plan, immediately prior to the legally effective date of the first succession), provided that:

Relevant Obligation has the meaning specified in Section 5.06(b)(i).

Relevant Obligation means any loan, debt or other obligation for borrowed moneys of the Issuer or the relevant Principal Subsidiary (excluding any such obligation arising in respect of the purchase of goods in the ordinary course of business of the Issuer or the relevant Principal Subsidiary) which is (A) initially offered, as to at least 50 per cent, of the principal amount thereof, to non-residents of Finland and (B) is in the form of, or represented or evidenced by, bonds, notes, debentures, loan stock or other securities which for the time being are, or are intended to be, or are capable or being, quoted, listed, dealt in or traded on any stock exchange or over the counter or other securities market (for which purpose any such obligation shall be deemed not to be capable of being quoted, listed, dealt in or traded as aforesaid if the terms of its issue expressly so provide).

Relevant Obligation means an obligation under this contract in respect of which a Force Majeure Event has occurred and the Affected Party has claimed relief under Clause 17;