Temporary Interruption definition
Examples of Temporary Interruption in a sentence
Temporary Interruption of Service: Services may be temporarily interrupted when necessary because of accident, emergency, repairs, alterations or improvements, which are deemed necessary and desirable in the judgment of the University.
Students will need to complete a Temporary Interruption form and send this to Student Services.
Students would need to complete a Temporary Interruption form and send it to Student Services.
Where keys to the accommodation have been returned and accepted by the University and/or key card access has been suspended for the period of any Temporary Interruption whether Part or Full for purposes including but not limited to safe keeping and responsible property management, this will not in itself constitute acceptance of surrender of the Agreement by either the University or the Student unless agreed subsequently by both parties.
According to the Banking Laws and the Temporary Interruption Act, the governing bodies of the credit institution, the FIN-FSA, the Trade Register (with respect to commercial banks) or a Finnish district court has the power to place a credit institution in liquidation in accordance with the applicable law.
As mentioned in Section 3.4.3 above, the proceedings of company restructuring in accordance with the Restructuring Act is not primarily applicable to credit institutions (including deposit banks), but the Restructuring Act is mutatis mutandis applicable with regard to deposit banks in accordance with the Temporary Interruption Act.
In connection with the enactment of the Finnish Resolution Laws, the Temporary Interruption Act was amended to the effect that the Financial Stability Authority is vested with the power to decide on the interruption of operations of a deposit bank.
According to the Temporary Interruption Act, a deposit bank is obliged to submit a notice to the Financial Stability Authority, the Bank of Finland and the FIN-FSA without delay if it is not able to fulfil its liabilities.
The resigning or removed Indenture Trustee shall cooperate with the Servicer and any successor Indenture Trustee in effecting the termination of the resigning or removed Indenture Trustee's responsibilities and rights hereunder and shall promptly provide such successor Indenture Trustee all documents and records reasonably requested by it to enable it to assume the Indenture Trustee's functions hereunder.
However, the Restructuring Act is mutatis mutandis applicable with regard to deposit banks in accordance with the Temporary Interruption Act (discussed below in Section 3.4.4).