SATISFACTORY TERMS definition

SATISFACTORY TERMS means on terms which are satisfactory to HoldCo and which would not, or would not reasonably be expected to, have, individually or in the aggregate, a material adverse effect on the HoldCo Group taken as a whole. SCHEDULE II THE ARTICLES OF ASSOCIATION OF HOLDCO HoldCo's Articles of Association will have the principal differences from the current Articles of Association of ScottishPower referred to below. There will also be some differences of a minor or technical nature which have not been included below. Holdco's Articles of Association will also include any changes requested by the ScottishPower Special Shareholder or by the LSE and agreed to by ScottishPower. The number identifying each provision of HoldCo's proposed Articles of Association corresponds (except where otherwise stated) to the numbering of the current ScottishPower Articles of Association.
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Examples of SATISFACTORY TERMS in a sentence

  • IF THE BANK AND THE EMPLOYEE DO NOT AGREE BEFORE THE ANNIVERSARY DATE ON MUTUALLY SATISFACTORY TERMS FOR THE EMPLOYEE’S CONTINUED EMPLOYMENT WITH THE BANK BEYOND THE ANNIVERSARY DATE, THE EMPLOYEE MAY ELECT TO RESIGN EFFECTIVE ON THE ANNIVERSARY DATE OR BE TERMINATED WITHOUT CAUSE BY THE BANK EFFECTIVE ON THE ANNIVERSARY DATE, AT HIS ELECTION, FOR THE PURPOSE OF SUPPORTING A POTENTIAL CLAIM FOR UNEMPLOYMENT BENEFITS SUBJECT TO APPLICABLE LAW.

Related to SATISFACTORY TERMS

  • Delivery Terms as defined in Section 10.1;

  • Primary Terms and Conditions means the terms and conditions applicable to the ICICI Bank’s internet banking facility/service.

  • Key Terms means, with respect to a Relevant Transaction and a party, the valuation of such Relevant Transaction and such other details the relevant party deems relevant from time to time which may include the effective date, the scheduled maturity date, any payment or settlement dates, the notional value of the contract and currency of the Relevant Transaction, the underlying instrument, the position of the counterparties, the business day convention and any relevant fixed or floating rates of the Relevant Transaction. For the avoidance of doubt, "Key Terms" does not include details of the calculations or methodologies underlying any term.

  • Delivery Term means the period of Contract Years set forth on the Cover Sheet beginning on the Commercial Operation Date, unless terminated earlier in accordance with the terms and conditions of this Agreement.

  • Delivery Term Security means the Performance Assurance that Seller is required to maintain, as specified in Article Eight, to secure performance of its obligations during the Delivery Term.