Step In definition

Step In has the meaning given to it in clause 43.1 (Step-In).

Step In means the exercise of the rights exercisable by the Guarantor or the Step-In Representative pursuant to a Step-In Notice;

Step In means the actions which the DCLG shall take by way of intervention pursuant to Clause 51.2.

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.

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

• 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.

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

More Definitions of Step In

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.

Step In has the meaning given in Clause 17.19(a).

Step In has the meaning set forth in Section 21.05(1).

Step In has the meaning given to that term in paragraph 2(a).

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.

Step In means the option exercised by the Trust in accordance with Clause 4.1

Step In means the action taken by the Authority to remedy or secure the remedy of a Step In Event or Emergency;