Statutory Successor definition

Statutory Successor means any entity, whether constituted under the GLA Legislation or not, which:
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Statutory Successor means any entity, whether constituted under the GLA Legislation or not, which succeeds the Issuer in relation to all or substantially all of the statutory functions relating to the development, operation and funding of transport within Greater London;
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Statutory Successor means any person who under this Act has succeeded or may succeed to a croft whether as a person to whom the tenancy of the croft has been transferred in pursuance of section 16(2) of the 1964 Act or as the executor, heir-at-law, legatee or assignee of his immediate predecessor being a crofter in occupation of the croft;
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Examples of Statutory Successor in a sentence

  • The Trust Deed contains provisions under which a (i) Statutory Successor, (ii) a Subsidiary of the Issuer or (iii) a Subsidiary of a Statutory Successor may, without the consent of the Noteholders or Couponholders, assume the obligations of the Issuer as principal debtor under the Trust Deed and the Notes provided that certain conditions specified in the Trust Deed are fulfilled.

  • Where the property is too big for a Statutory Successor, and the law allows it, the Council will require them to move to an alternative property which meets their housing need unless their circumstances are exceptional.

  • Arm rests help to place the arm for blood drawing but also they will support participant (prevent falling side ways) The blood sampling tubes should all be evacuated and provided by the same national supplier.

  • The Council may assign this Agreement to a Statutory Successor or Public Sector Body without consent and to any other party with the Developer’s prior written consent (not to be unreasonably withheld or delayed) EFFECT OF THIS AGREEMENT19 The parties acknowledge that this Agreement forms the entire agreement between them relating to its subject matter.


More Definitions of Statutory Successor

Statutory Successor is defined in Article XIV -0Insolvency.
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Statutory Successor means and includes any conservator, rehabilitator, liquidator or other statutory representative appointed or otherwise designated to manage or supervise the affairs and operations of PIA under the Delaware insurance insolvency laws.
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Statutory Successor means and includes any conservator, rehabilitator, liquidator or other statutory representative appointed or otherwise designated to manage or supervise the affairs and operations of Penn Mutual under the Pennsylvania insurance insolvency laws.
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Statutory Successor any successor authority, public body or other authority who shall take over the function of the Council “Step-In Agreement” any agreement to be made between (1) the Council (2) the Developer and (3) an Investor providing inter alia for the Investor to serve written notice on the Council within three6 months following notice from the Council specifying any Event of Default and giving notice of the Council's intention to terminate this Agreement (or such other period of time as the Investor may reasonably require to be 6 The Council consider three months is more than adequate specified) stating that the Investor intends either to step in to the obligations of the Developer or nominate another party (first approved by the Council acting reasonably) to do so complying with the terms of this Agreement and for allowing the Investor or such nominee to step-in to the obligations of the Developer on default by the Developer of any obligations owed by the Developer to the Investor, the terms of such agreement otherwise to be agreed between the parties acting reasonably
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Statutory Successor any successor authority, public body or other authority who shall take over the function of the Council “Step-In Agreement” any agreement to be made between (1) the Council (2) the Developer and (3) an Investor providing inter alia for the Investor to serve written notice on the Council within three months following notice from the Council specifying any Event of Default and giving notice of the Council's intention to terminate this Agreement (or such other period of time as the Investor may reasonably require to be specified) stating that the Investor intends either to step in to the obligations of the Developer or nominate another party (first approved by the Council acting reasonably) to do so complying with the terms of this Agreement and for allowing the Investor or such nominee to step-in to the obligations of the Developer on default by the Developer of any obligations owed by the Developer to the Investor, the terms of such agreement otherwise to be agreed between the parties acting reasonably “Structural Engineer” [[NAME] of [ADDRESS] or such other reputable] structural engineer as the Developer or the Building Contractor appoints as the Structural Engineer for the purposes of the Relevant Works in accordance with Part 1 of Schedule 2 [DN: Please confirm]
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Related to Statutory Successor

  • Division Successor means any Person that, upon the consummation of a Division of a Dividing Person, holds all or any portion of the assets, liabilities and/or obligations previously held by such Dividing Person immediately prior to the consummation of such Division. A Dividing Person which retains any of its assets, liabilities and/or obligations after a Division shall be deemed a Division Successor upon the occurrence of such Division.

  • Merger has the meaning set forth in the Recitals.

  • Delaware LLC Division means the statutory division of any Delaware LLC into two or more Delaware LLCs pursuant to Section 18-217 of the Delaware Limited Liability Company Act.

  • Successor Entity means the Person (or, if so elected by the Holder, the Parent Entity) formed by, resulting from or surviving any Fundamental Transaction or the Person (or, if so elected by the Holder, the Parent Entity) with which such Fundamental Transaction shall have been entered into.

  • Successor Holdings has the meaning assigned to such term in Section 6.03(a)(v).

  • LIBOR Successor Rate has the meaning specified in Section 3.03(c).

  • Successor Rate means a successor to or replacement of the Original Reference Rate which is formally recommended by any Relevant Nominating Body.

  • Consolidation means, with respect to any Person, the consolidation of the accounts of such Person and each of its Subsidiaries if and to the extent the accounts of such Person and each of its Subsidiaries would normally be consolidated with those of such Person, all in accordance with GAAP. The term “Consolidated” shall have a similar meaning.