Examples of UK Group Member in a sentence
On receipt of a Funding Notice the relevant Core UK Group Member will notify the Requesting Entity promptly and in any event within 2 Business Days of the amount of its Available Resources or confirm that its Available Resources exceed the Funding Amount specified in the Funding Notice and shall advance the Funding Amount (or, if less, an amount equal to the Available Resources) to the Requesting Entity promptly but in any event within 5 Business Days of the date of the Funding Notice.
USCYBERCOM transmits the warning or tactical directive/order notification via command channels to the CC/S/A POC organizations.
Each UK Group Member (other than any Immaterial Subsidiary) is not unable to pay its debts (including trade debts) within the meaning of the UK Insolvency Xxx 0000 and has not stopped paying its debts as they fall due and the value of its assets is not less than the value of its liabilities (taking into account its contingent and prospective liabilities).
On the date specified in the notice such Core UK Group Member will cease to be a Core UK Group Member (the “Termination Date”).
It is acknowledged by each Core UK Group Member that the terms of such funding or facilities are more advantageous than those that could otherwise be obtained from external lenders.
The Borrower shall ensure that no UK Group Member is or has been at any time an employer (for the purposes of sections 38 to 51 of the UK Pensions Act 2004) of an occupational pension scheme which is not a money purchase scheme (both terms as defined in the UK Pension Schemes Act 1993) or “connected” with or an “associate” of (as those terms are used in sections 38 or 43 of the UK Pensions Act 2004) such an employer.
Any such New Member Designation shall be effected as of (and with effect from) the date on which such new entity accedes to the terms of this Deed as if it were an original Party substantially on the terms set out in Schedule 6 to this Deed and thereafter all references to a Party (and, as applicable to Regulated Entities or Unregulated Entities) shall be deemed to refer to such additional Core UK Group Member, as the context may require.
The first regular election held after the adoption of these bylaws will elect a President and six (6) Directors.
Each Core UK Group Member therefore agrees and undertakes, subject to the terms of this Deed, that it shall, upon receipt of a Repayment Request, do those things required of it in Clause 7.
Each Party agrees that Santander UK shall (by giving reasonable notice to the other Parties hereto) have the right to designate any additional entities which, from time to time, become eligible to become a Core UK Group Member, as a Party to this Deed (a “ New Member Designation”).