SBC Conduit definition

SBC Conduit means the Conduit Materials installed or to be installed in the Utility Trench pursuant to the Conduit Design.
Sample 1

Examples of SBC Conduit in a sentence

  • Upon payment of the purchase price to the City, the City shall convey, set over, transfer and assign to SBC, by xxxx of sale, all right, title and interest in and to the applicable installed SBC Conduit (together with the applicable Conduit Designs).

  • Following the expiration of the Option Period and full reimbursement to SBC of all Conduit Design Expenses and Overhead Line Conversion Expenses, the City is no longer obligated to hold for SBC’s use any SBC Conduit not currently used as part of a previous Overhead Line Conversion, and the City may use, retain, lease or sell such SBC Conduit in its sole discretion.

  • For a period of one (1) year following the date of termination (“Option Period”), the City shall hold for SBC’s use and not use, lease or sell the installed SBC Conduit.

  • The Parties hereby acknowledge and agree that throughout this Agreement the City is required to convey right, title and interest in and to Conduit Designs, Conduit Materials and installed SBC Conduit to SBC by xxxx of sale if certain conditions are met.

  • For any Surcharge Project for which Conduit Installation has been completed pursuant to this Agreement, if SBC elects or is otherwise required to proceed with Overhead Line Conversion pursuant to the terms and conditions of this Agreement, SBC shall be required to use the installed SBC Conduit for such Overhead Line Conversion.

  • Such amounts will be recovered from any moneys due to or to become due to the contractor.

  • Notwithstanding the foregoing, as a condition precedent to any obligation of SBC to commence and complete the corresponding Overhead Line Conversion, the Parties hereby acknowledge and agree that: (i) the City shall have completed the applicable Conduit Installation in accordance with the corresponding Conduit Design; and (ii) the City shall have conveyed the applicable SBC Conduit to SBC in accordance with the provisions of Section 4.2 hereof and in the condition set forth in Section 4.3 hereof.

  • Notwithstanding the foregoing, the Parties hereby acknowledge and agree that title to and ownership of all Conduit Designs prepared, all Conduit Materials purchased and all SBC Conduit installed on and after the date of the Approval of Application shall vest with SBC, and in no event shall SBC required to pay any purchase consideration to the City with respect thereto.

  • At any time during the Application Review Period, SBC may elect to purchase the installed SBC Conduit contained within any Surcharge Project.

  • After Approval of Application, but not earlier than immediately prior to commencing the Overhead Line Conversion with respect to any Surcharge Project, SBC shall purchase all installed SBC Conduit for such Surcharge Project that has not been previously conveyed to SBC pursuant to this Agreement.

Related to SBC Conduit

  • CP Conduit means any limited-purpose entity established to use the direct or indirect proceeds of the issuance of Commercial Paper Notes to finance financial assets.

  • REAL ESTATE MORTGAGE INVESTMENT CONDUIT (A "REMIC") AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"). [FOR SUBORDINATE CERTIFICATES][THIS CERTIFICATE IS SUBORDINATE TO ONE OR MORE CLASSES OF CERTIFICATES OF THE SAME SERIES AS AND TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.] [FOR PRINCIPAL BALANCE CERTIFICATES][THE OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE.] [FOR CLASS X-1 AND CLASS X-2 CERTIFICATES][THE OUTSTANDING CERTIFICATE NOTIONAL AMOUNT HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE. THIS CERTIFICATE DOES NOT HAVE A CERTIFICATE PRINCIPAL BALANCE AND WILL NOT ENTITLE THE HOLDER HEREOF TO DISTRIBUTIONS OF PRINCIPAL.] [FOR REGULATION S GLOBAL CERTIFICATES][PRIOR TO THE DATE THAT IS 40 DAYS AFTER THE LATER OF (A) THE CLOSING DATE AND (B) THE COMMENCEMENT OF THE INITIAL OFFERING OF THE CERTIFICATES IN RELIANCE ON REGULATION S, THIS CERTIFICATE MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED IN THE UNITED STATES OR TO A U.S. PERSON EXCEPT PURSUANT TO AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT OF 1933, AS AMENDED. NO BENEFICIAL OWNERS OF THIS CERTIFICATE SHALL BE ENTITLED TO RECEIVE PAYMENT OF PRINCIPAL OR INTEREST HEREON UNLESS THE REQUIRED CERTIFICATIONS HAVE BEEN DELIVERED PURSUANT TO THE TERMS OF THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.]

  • SunTrust means SunTrust Bank.

  • Conduit shall have the meaning assigned to such term in Section 14(d).

  • Goldman Sachs means Goldman Sachs & Co. LLC.

  • Participating Financial Institution means a financial institution participating in EMT Services and/or Online Payment Services, as the case may be.

  • JPM shall have the meaning assigned to such term in the preamble to this Agreement.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended form time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Equity Listing Event means an initial public offering of shares in the Issuer, after which such shares shall be quoted, listed, traded or otherwise admitted to trading on a regulated market or unregulated market.

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Eligible Financial Institution means, as of the date of any assignment as contemplated in Section 8.07(a)(i), a commercial bank or financial institution (i) with a credit rating on its long-term senior unsecured debt of either (a) “AA-” or better from S&P or (b) “Aa3” or better from Xxxxx’x; and (ii) having shareholders' equity of not less than $5,000,000,000.

  • collective investment scheme means any arrangements with respect to property of any description, including money, the purpose or effect of which is to enable Persons taking part in the arrangements (whether by becoming owners of the property or any part of it or otherwise) to participate in or receive profits or income arising from the acquisition, holding, management or disposal of the property or sums paid out of such profits or income.

  • Wachovia means Wachovia Bank, National Association, a national banking association, and its successors.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Investment Management Agreement means the Investment Management Agreement, dated as of the date hereof, by and between the Investment Manager and the Borrower.

  • Nonparticipating Financial Institution means a nonparticipating FFI, as that term is defined in relevant U.S. Treasury Regulations, but does not include a [FATCA Partner] Financial Institution or other Partner Jurisdiction Financial Institution other than a Financial Institution treated as a Nonparticipating Financial Institution pursuant to subparagraph 2(b) of Article 5 of this Agreement or the corresponding provision in an agreement between the United States and a Partner Jurisdiction.

  • your financial institution means the financial institution nominated by you on the DDR at which the account is maintained.

  • Canadian Investment Manager designation means the designation earned through the Canadian investment manager program prepared and administered by CSI Global Education Inc. and so named on the day this Instrument comes into force, and every program that preceded that program, or succeeded that program, that does not have a significantly reduced scope and content when compared to the scope and content of the first-mentioned program;

  • Holding Limit Event means, assuming the investor is the Issuer and/or any of its affiliates, the Issuer together with its affiliates, in aggregate hold, an interest in the Underlying Stock, constituting or likely to constitute (directly or indirectly) ownership, control or the power to vote a percentage of any class of voting securities of the Underlying Stock, of the Underlying Stock in excess of a percentage permitted or advisable, as determined by the Issuer, for the purpose of its compliance with the Bank Holding Company Act of 1956 as amended by Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Volcker Rule), including any requests, regulations, rules, guidelines or directives made by the relevant governmental authority under, or issued by the relevant governmental authority in connection with, such statutes.

  • RBS means The Royal Bank of Scotland plc.

  • Investment Management Fee means each of the Senior Investment Management Fee, the Subordinated Investment Management Fee and the Incentive Investment Management Fee.

  • Sustainability Structuring Agent means X.X. Xxxxxx Securities LLC, in its capacity as sustainability structuring agent hereunder.

  • Citigroup means Citigroup Global Markets Inc.

  • Risk-Based Capital Guidelines means (i) the risk-based capital guidelines in effect in the United States on the date of this Agreement, including transition rules, and (ii) the corresponding capital regulations promulgated by regulatory authorities outside the United States implementing the July 1988 report of the Basle Committee on Banking Regulation and Supervisory Practices Entitled "International Convergence of Capital Measurements and Capital Standards," including transition rules, and any amendments to such regulations adopted prior to the date of this Agreement.

  • Natixis means Natixis Real Estate Capital LLC and its successors in interest.

  • Fortis means Fortis Inc.;