Explanation 1 definition

Explanation 1. The term “material non-listed Indian subsidiary” shall mean an unlisted subsidiary, incorporated in India, whose turnover or net worth (i.e. paid up capital and free reserves) exceeds 20% of the consolidated turnover or net worth respectively, of the listed holding company and its subsidiaries in the immediately preceding accounting year.
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Explanation 1. For the purpose of clarification, Delivered Energy, excludes all energy consumed in the Project, by the main plant and equipment, lighting and other loads of the Project from the energy generated and as recorded by energy meter at Interconnection Point.
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Examples of Explanation 1 in a sentence

  • As per the Xxxxxxxxxxx Xxxxx Xxx 0000 Schedule-I, Article 5 (g-a) (ii), if the Allottee transfers /assigns the rights under this agreement to any subsequent Allottee within a period of 1 year, the Allottee is entitled to get adjusted the stamp duty payable on such transfer/assignment and further as per Xxxxxxxxxxx Xxxxx Xxx 0000 Schedule-I, Article 25, Explanation -1.

  • Page Variable Text Explanation 1 Initial Premium Amount The amount applied for and approved 2 Amount of Coverage Minimum $1,000,000; Maximum 3,000,000 NEW YORK LIFE INSURANCE AND ANNUITY CORPORATION 00 Xxxxxxx Xxxxxx, Xxx Xxxx, XX 00000 TEMPORARY LIFE INSURANCE AGREEMENT (BINDER AGREEMENT) THIS TEMPORARY LIFE INSURANCE BINDER AGREEMENT (the "Agreement") is made as of the date set forth below by and between New York Life Insurance and Xxxxxxx Corporation (New York LifeNYLIAC) and "CompanyApplicant").

  • Explanation (1) to Section-25 states “nothing in this section shall affect the validity as between the donor and donee, of any gift actually made." Thus, gift do not require any consideration.

  • We can conclude that Rival Explanation 1 has no explanatory power about why Central European countries created CEDC instead of using the NATO and EU frameworks (see Figure 7).

  • Figure 7 – Rival Explanation 1: Actual CEDC Pattern 314 Slovak MoD Official, e-mail interview by author, September 2014.

  • Rival Explanation 1 – Lack of progress on pan-European/Transatlantic defence cooperation Figure 6 – Rival Explanation 1: Predicted CEDC Pattern According to ‘Rival Explanation 1’, (see Figure 6) defence co-operation in NATO and EU did not progress well (independent variable), and CEDC countries became dissatisfied with this situation in NATO and EU (intervening variable), this led to the creation of an alternative body, which is CEDC (dependent variable).

  • Fundamental Scale for AHP Intensity Definition Explanation 1 Equal Two elements contribute equally to the objective 3 Moderate One element is slightly more relevant than another 5 Strong One element is strongly more relevant over another 7 Very strong One element is very strongly more relevant over another 9 Extreme One element is extremely more relevant over another with respect to the goal.

  • Description of the categories of Data Subjects whose Personal Data are exchanged, and the categories of personal data of the Data Subjects: Applicable Category Explanation 1.

  • Breach Penalty amount Explanation 1 Lost or damaged charging cable due to Lessee’s fault BGN 1000 According to Art.


More Definitions of Explanation 1

Explanation 1. The term “material non-listed Indian subsidiary” shall mean an unlisted subsidiary, incorporated in India, whose turnover or net worth (i.e. paid up capital and free reserves) exceeds 20% of the consolidated turnover or net worth respectively, of the listed holding company and its subsidiaries in the immediately preceding accounting year. Explanation 2: The term “significant transaction or arrangement” shall mean any individual transaction or arrangement that exceeds or is likely to exceed 10% of the total revenues or total expenses or total assets or total liabilities, as the case may be, of the material unlisted subsidiary for the immediately preceding accounting year. Explanation 3: Where a listed holding company has a listed subsidiary which is itself a holding company, the above provisions shall apply to the listed subsidiary insofar as its subsidiaries are concerned.
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Explanation 1. The term “financially literate” means the ability to read and understand basic financial statements i.e. balance sheet, profit and loss account, and statement of cash flows. Explanation 2: A member will be considered to have accounting or related financial management expertise if he or she possesses experience in finance or accounting, or requisite professional certification in accounting, or any other comparable experience or background which results in the individual’s financial sophistication, including being or having been a chief executive officer, chief financial officer or other senior officer with financial oversight responsibilities. The Chairman of the Audit Committee shall be an independent director; The Chairman of the Audit Committee shall be present at Annual General Meeting to answer shareholder queries; The audit committee may invite such of the executives, as it considers appropriate (and particularly the head of the finance function) to be present at the meetings of the committee, but on occasions it may also meet without the presence of any executives of the company. The finance director, head of internal audit and a representative of the statutory auditor may be present as invitees for the meetings of the audit committee; The Company Secretary shall act as the secretary to the committee.
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Explanation 1. Designated Actuary” means a full-time officer of the Corporation, who is a fellow Member of the Institute of Actuaries of India or Institute of Actuaries, London and who is nominated as a Designated Actuary by the Chief Executive or an officer or committee authorised by the Chief Executive for selection as Designated Actuary.
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Explanation 1. {( any member raises in any meeting of the Board a point as to whether a questio question of policy or whether any rights of the Governments of Bihar. Madhya Pradesh or Pradesh are involved in the consideration of matter before the Board. a decision on the poi raised shall be given by the Chairman.
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Explanation 1. Reciprocating territory" means any country or territory outside India which the Central Government may, by notification in the Official Gazette, declare to be a reciprocating territory for the purposes of this section; and "superior Courts", with reference to any such territory, means such Courts as may be specified in the said notification.
Sample 1

Related to Explanation 1

  • Explanation means a writing that:

  • Statement of Additional Information means, respectively, the form of prospectus and statement of additional information with respect to the Fund filed by the Investment Company as part of the Registration Statement, or as they may be amended or supplemented from time to time.

  • Additional Information As defined in Section 4.02(a) of this Agreement.

  • Explanatory Note Pursuant to this Article 26, and notwithstanding any provision in the Contract to the contrary the Government shall have the right to disclose and freely use all data and information at its sole discretion except for data of proprietary nature such as interpretation report to any party on or after three (3) years from acquisition of such data in order to promote exploration and production activities in the country. For any relinquished areas the Government shall have right to disclose and freely use all the data immediately after such relinquishment.)

  • Denial means the process of refusing to grant a license after OCCL receives an application. This constitutes refusal of permission to operate.

  • Annual Information Form means a document filed by the funds with Canadian securities regulators which provides supplementary information about the funds.

  • Claimant means a person or entity who or which submits a Claim Form to the Claims Administrator seeking to be eligible to share in the proceeds of the Settlement Fund.

  • Advisory Firm Letter means a letter, that has been prepared by the Advisory Firm used by the Corporation in connection with the performance of its obligations under this Agreement, which states that the relevant Schedules, notices or other information to be provided by the Corporation to the Members, along with all supporting schedules and work papers, were prepared in a manner that is consistent with the terms of this Agreement and, to the extent not expressly provided in this Agreement, on a reasonable basis in light of the facts and law in existence on the date such Schedules, notices or other information were delivered by the Corporation to the Members.

  • Explanatory Statement means the explanatory statement which forms part of the Notice;

  • Root Cause Analysis Report means a report addressing a problem or non-conformance, in order to get to the ‘root cause’ of the problem, which thereby assists in correcting or eliminating the cause, and prevent the problem from recurring.

  • Request regarding a statement of account means a record authenticated by a debtor requesting that the recipient approve or correct a statement indicating what the debtor believes to be the aggregate amount of unpaid obligations secured by collateral as of a specified date and reasonably identifying the transaction or relationship that is the subject of the request.

  • Revise and Resubmit means that the Submittal does not meet all the requirements necessary to proceed with the Work associated with the Submittal. The Contractor must resubmit in accordance with the reviewer’s comments and/or corrections. Submittal marked in this manner must not be released for fabrication, delivery, or construction.

  • SUMMARY means the Summary of Basic Lease Terms executed by Landlord and Tenant that is part of this Lease.

  • Review means a financial or operational audit, investigation, inspection or other form of review requested or required by the LHIN under the terms of LHSIA or this Agreement, but does not include the annual audit of the HSP’s financial statements;

  • method statement means a written submission by the Contractor to the Project Manager in response to this EMPr or a request by the Project Manager and ECO. The method statement must set out the equipment, materials, labour and method(s) the Contractor proposes using to carry out an activity identified by the Project Manager when requesting the Method Statement. This must be done in such detail that the Project Manager and ECO is able to assess whether the Contractor's proposal is in accordance with this specification and/or will produce results in accordance with this specification;

  • Utilization review plan or "plan" means a written procedure for performing review.

  • Application Review Start Date means the later date of either the date on which the District issues its written notice that the Applicant has submitted a completed Application or the date on which the Comptroller issues its written notice that the Applicant has submitted a completed Application and as further identified in Section 2.3.A of this Agreement.

  • Discussion means an exchange of information to promote understanding of a City’s agency's requirements and offeror's proposal and to facilitate arriving at a contract that will be the best value to the City. Discussions are not permissible in competitive sealed bidding, except to the extent permissible in the first phase of multi-step sealed bidding to determine the acceptability of technical offers. [HAR 3-122-1]

  • Summary Plan Description means this plan document and summary plan description.

  • Explanatory Memorandum means this explanatory memorandum.

  • Root Cause Analysis means a method of problem solving designed to identify the underlying causes of a problem. The focus of a root cause analysis is on systems, processes, and outcomes that require change to reduce the risk of harm.

  • Summary Notice means the Summary Notice of Pendency of Class Action, Proposed Settlement, and Motion for Attorneys’ Fees and Expenses for publication, which, subject to approval of the Court, shall be substantially in the form attached as Exhibit 3 to Exhibit A hereto.

  • Benchmarking Information means information generated by Portfolio Manager, as herein defined including descriptive information about the physical building and its operational characteristics.

  • How We Will Calculate Your Balance We use a method called "average daily balance (including new transactions)." See your Credit Card Agreement for more details.

  • Explanatory Indicator means a measure that is connected to and helps to explain performance in a Performance Indicator or a Monitoring Indicator. An Explanatory Indicator may or may not be a measure of the HSP’s performance. No Performance Target is set for an Explanatory Indicator;