Replenishments definition

Replenishments. On any Cash Settlement Date on or prior to the Last Replenishment Date, the Buyer will have the right (but not the obligation) at its sole discretion (and acting in its own interests) to add, with effect from and including such date, one or more new Reference Obligations (including Reference Obligations with respect to new Reference Entities) to the Reference Register (each a "Replenishment") provided that the Conditions to Replenishment are satisfied on the Relevant Date in respect of such Replenishment. Each day on which any Replenishment is effected by the Buyer shall constitute a "Replenishment Date". For the avoidance of doubt: (a) the Buyer shall update the Reference Register to reflect any Reduction/Removal on a Replenishment Date prior to performing any Replenishments on such Replenishment Date; and (b) the Buyer may effect a Reduction/Removal and Replenishment of the same Reference Obligation such that if such Reference Obligation was previously added pursuant to a False Addition it will not continue to be so regarded as a False Addition, provided that the Conditions to Replenishment are satisfied in respect of the subsequent Replenishment.
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Examples of Replenishments in a sentence

  • Two Replenishments will be made of up to 30% of the funds to be managed locally and the final payment of up to 20% or the full balance of the budget whichever is the lesser amount.

  • In the event that payments of any Replenishments are made in instalments, EBRD shall be entitled to deduct the whole Administrative Fee from the first instalment of such Replenishment.

  • Replenishments will be supported by resources mobilised from the operating National Societies, the IFRC – possibly via ▇▇▇▇▇ and emergency appeals – and the PNSs, including the FRC.

  • From time to time hereafter, Lessor may notify Lessee in writing of adjustments to Lessee's monthly installments due hereunder, which adjustments shall be based upon the most current tax and assessment information available to Lessor, and Lessee shall adjust its installment payments accordingly.

  • Replenishments with respect to Appreciation Units and comparable treatment with respect to the Special CS-SARs shall continue while the Executive is a Full-Time Employee, but not apply to a Regular Maturity Date (or, for the Special CS-SARs, “Scheduled Payment Dates” (as defined in the applicable award agreements)) after December 31, 2014, unless the Term of Employment has been extended beyond February 1, 2015 (in which case such replenishment right shall continue to apply).

  • Definitions: P1 = Priority One; P2 = Priority Two, NFO = Next Flight Out; Rapid Replenishments = Manual replenishments).

  • Replenishments as well as linen and cleaning services are available upon request at an additional cost.

  • Replenishments to the retainer shall be made periodically as mutually agreed upon based on our remaining Services and estimated future ▇▇▇▇▇▇▇▇ or as otherwise required by law.

  • In making Replenishments, the Buyer shall make best commercially reasonable efforts to ensure that the allocation of Reference Obligations in the Reference Pool is similar to the allocation of the Eligible Obligations held by the Buyer, subject to the application of the Portfolio Criteria.

  • The Bank shall open and maintain a separate, interest-bearing bank account denominated in Euros to be known as The Slovak – EBRD SlovSEFF Greening Programme Bank Account (the “Bank Account”) and into which the amounts of Cooperation Funds made available to the Bank pursuant to Article 2 of this Agreement and Replenishment(s), if any, shall be paid by the Ministry, through the Environmental Fund of the Slovak Republic.