Step In definition

Step In has the meaning given to it in clause 43.1 (Step-In).
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Step In means the exercise of the rights exercisable by the Guarantor or the Step-In Representative pursuant to a Step-In Notice;
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Step In means the actions which the DCLG shall take by way of intervention pursuant to Clause 51.2.
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Examples of Step In in a sentence

  • Should the Authority be of the view, acting reasonably, that the Supplier can no longer provide the Services, then without prejudice to the Authority’s rights and remedies under this Contract, the Authority shall be entitled to exercise its Step In Rights if the Key Provisions refer to the Authority having such rights under this Contract.

  • If the DFE has a Step In Right it may serve notice on the Supplier (a “Step-In Notice”) that it will take action under this clause 22 either itself or with the assistance of a third party.

  • PacifiCorp may, at any time, terminate its exercise of the Step- In Rights whether or not the applicable event has been cured.

  • If the Supplier is unable to provide the Services then the Authority shall be entitled to exercise Step In Rights set out in Schedule [insert schedule number].

  • In the event that the Step- In Rights are invoked by the Minister in accordance with the NBP Agreement, the Minister will be entitled to take certain actions including the right to assume (either itself or through the appointment of a suitable third party) the rights and obligations of NBI pursuant to this Agreement.

  • If ▇▇▇▇▇▇ or Client’s election to take control of the part of the Services that is impacted will require ▇▇▇▇▇▇ or Client to enter Ridge locations, the provisions of Exhibit D (Step In Rights) shall apply.

  • In no event may ▇▇▇▇▇▇ or Client, or its agents, take control of any of the Services pursuant to this Section 19.O (Step In Rights) to the extent doing so would cause Broadridge or Ridge to be in breach of any agreement it has with any third party.

  • The Step In Party may cease to exercise the Step In Rights at any time and, in any event, must cease to exercise its Step In Rights once the relevant breach has been remedied or the event or circumstance referred to in clause 72.1 has ceased (as applicable).

  • Second Step In the event the employee believes the grievance was not satisfactorily resolved at Step 1, the employee shall submit the grievance in writing, with a copy to County Human Resources Director and the Union, to the next level supervisor within ten (10) working days after receipt of the immediate supervisor's response.

  • Those exercising such Step In Rights shall as soon as possible return control of operations of any facilities over which it has assumed control or operation to the Party experiencing the Event of Default.


More Definitions of Step In

Step In has the meaning set forth in Section 21.05(1).
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Step In means the action taken by the Authority to remedy or secure the remedy of a Step In Event or Emergency;
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Step In has the meaning given to that term in paragraph 2(a).
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Step In has the meaning given in Clause 17.19(a).
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Step In means that GECC (or its applicable Affiliate), at its option, may take control of that part of the third-party’s services which adversely impact services delivered to GECC and, in doing so, may take such other action as is reasonably necessary to restore such service to GECC, including engaging another third-party service provider.
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Step In means, in relation with any and all of the Italian SPV’s, the right for Holder, by sending a written step-in notice signed by the Investor Majority to the Company, to exercise, to the fullest extent permitted under the applicable law, in the place and stead of the shareholders and/or management of each of the Italian SPVs, any and all rights and remedies of Provider under this Agreement in accordance with the terms of this Agreement.
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Related to Step In

  • Flip-In If an acquirer (an "ACQUIRING PERSON") obtains 15% or more of the Company's Common Stock, then each Right (other than Rights owned by an Acquiring Person or its affiliates) will entitle the holder thereof to purchase, for the Exercise Price, a number of shares of the Company's Common Stock having a then-current market value of twice the Exercise Price.

  • Step 1 The aggregate amount of qualified investments for the Taxable Year multiplied by the Award Percentage equals the maximum credit amount eligible for the qualified investments made in that Taxable Year (the “Maximum Taxable Year Credit Amount”);

  • Step 4 Contribution - Amortize the result in Step 3 by multiplying it by the applicable factor from Table II. For the Plan Year in which the Participant attains Normal Retirement Age and for any subsequent Plan Year, the applicable factor is 1.0.

  • Step Five If there is no satisfactory resolution at fourth step then the matter may, within thirty (30) days, be referred to an Arbitrator.

  • Step One In accordance with the requirements of formal filing listed in Section 2 of this Article, the grievance must be presented in writing to the appropriate assignment Department Chair. (If the grievant is in an administrative unit with no chair, then this step is omitted.) As an exception to this requirement that grievances commence at Step One, a grievance may first be presented at Step Two or Three of this procedure if the action being grieved originated with the ▇▇▇▇ or ▇▇▇▇▇▇▇ respectively.