IRREVOCABILITY definition

IRREVOCABILITY means a situation in which the transfer of an asset or financial instrument, or the discharge of an obligation by an operator of a system or its participants may not be revoked by the transferor;
IRREVOCABILITY. This offer shall be irrevocable by......................................until..............................a.m./p.m. on the........................................ (Landlord/Tenant) day of.................................................................................,20 after which time if not accepted, this Agreement shall be null and void and all monies paid thereon shall be returned to the Tenant without interest or deduction.
IRREVOCABILITY of the granted licenses Add Sub-Clause 1.17: Any license granted to the Employer to access and use Software supplied to the Employer under the Contract, shall be irrevocable

Examples of IRREVOCABILITY in a sentence

  • A Participant’s Payment Election may be amended at any time provided that such amendment (1) is in writing, (2) will not become effective for twelve (12) months from the date thereof, (3) is made not less than twelve (12) months prior to the date the first payment is scheduled to be made, and (4) defers the payment of benefits for at least five (5) years from the date such payments would otherwise have begun.5.2 Irrevocability.

  • Except as otherwise provided in this Section 5, the balance in a Participant’s Plan Year Account shall be paid in accordance with the Participant’s valid Payment Election made for such Plan Year Account pursuant to this Section 5.5.2 Irrevocability.

  • Irrevocability: Acceptance of a pricing commitment from the Bank will constitute an irrevocable agreement to borrow under the revolving line of credit.

  • POWER OF ATTORNEY 38 14.1 Power of Attorney 38 14.2 Irrevocability 39 14.3 Priority of Agreement 39 14.4 Exercise of Power 39 ARTICLE XV.

  • Any waiver shall produce effects only if specifically granted in writing.5.7 Irrevocability and Irreversibility.

  • On or after the Irrevocability Date, the Trustee may be removed at any time by agreement of Cleveland-Cliffs and a majority of the Executives.

  • However, no action taken pursuant to this Section will operate to enlarge the right of Cinergy under Section 15.2 (Irrevocability).

  • Except as may be elected pursuant to this Section 3.04(d), all amounts becoming payable under this Plan shall be paid in a single payment.(e) Irrevocability.

  • On or after the Irrevocability Date, the Trustee may be removed at any time by agreement of Cleveland-Cliffs and a majority of the Directors.

  • Irrevocability of exercise The exercise of option rights is irrevocable and may not be made subject to any conditions whatsoever.


More Definitions of IRREVOCABILITY

IRREVOCABILITY. Any notice under clause 17.1 (Prepayment of Tranche A Advances), 17.2 (Prepayment of Tranche B Loan Advances), 17.3 (Cancellation), or 18.1 (Additional Right of Prepayment and Cancellation) shall be irrevocable. The amount of any prepayment under clause 17 (Prepayment and Cancellation) shall become due and payable on the date specified in the relevant notice. No amount cancelled under clause 17.3 (Cancellation) or 18.1 (Additional Right of Prepayment and Cancellation) may subsequently be reinstated.
IRREVOCABILITY. The Drawing Notice shall be irrevocable and, subject to clause 10, the Borrower shall borrow the stated amount on the stated date.
IRREVOCABILITY. A Drawing Notice shall be irrevocable and, subject to the provisions of this Agreement, the Borrower named therein shall draw the Advance on the Drawing Date specified in the Drawing Notice.
IRREVOCABILITY. This offer shall be irrevocable by. . . . day (Landlord/Tenant) of ..........................................., 20 , after which time if not accepted, this Offer shall be null and void and all monies paid thereon shall be returned to the Tenant without interest or deduction.
IRREVOCABILITY. This Offer shall be irrevocable by Purchaser until...5:00 PM.... on the...27th....day of........
IRREVOCABILITY. A notice under clause 7.1 shall be irrevocable and the Loan shall become due and payable on that Interest Payment Date.

Related to IRREVOCABILITY

  • Unconditional Date means the date on which the Offer is declared or becomes unconditional in all respects.

  • Release of Claims means the Release of Claims in substantially the same form attached hereto as Exhibit B (as the same may be revised from time to time by the Company upon the advice of counsel).

  • General Release has the meaning stated in Section 6.03.

  • Waiver and Release means the Waiver and Release attached hereto as Exhibit A.

  • Repudiation/Moratorium Extension Notice means a notice from the Calculation Agent to the Issuer (which the Calculation Agent has the right but not the obligation to deliver) that describes a Potential Repudiation/Moratorium that occurred on or prior to the Scheduled Maturity Date. A Repudiation/Moratorium Extension Notice must contain a description in reasonable detail of the facts relevant to the determination that a Potential Repudiation/Moratorium has occurred and indicate the date of the occurrence. The Potential Repudiation/Moratorium that is the subject of the Repudiation/Moratorium Extension Notice need not be continuing on the date the Repudiation/Moratorium Extension Notice is effective.

  • Notice of Revocation means, in connection with the revocation by a Beneficial Owner or its Agent Member of its Notice of Tender, a notice, substantially in the form attached to the Tender and Paying Agent Agreement, delivered by a Beneficial Owner or its Agent Member to the Tender and Paying Agent indicating an intention to revoke the tender of some or all of the VRDP Shares for sale on a Purchase Date pursuant to Section 1 of Part II of this Statement.

  • Extension Election has the meaning set forth in Section 2.16(c).

  • Conditional release means a revocable modification of a

  • Extension has the meaning specified in Section 2.18(a).

  • Unknown Claims means any Released Plaintiffs’ Claims which any Lead Plaintiff or any other Settlement Class Member does not know or suspect to exist in his, her or its favor at the time of the release of such claims, and any Released Defendants’ Claims which any Defendant or any other Defendants’ Releasee does not know or suspect to exist in his, her, or its favor at the time of the release of such claims, which, if known by him, her or it, might have affected his, her or its decision(s) with respect to this Settlement. With respect to any and all Released Claims, the Parties stipulate and agree that, upon the Effective Date of the Settlement, Lead Plaintiffs and Defendants shall expressly waive, and each of the other Settlement Class Members and each of the other Defendants’ Releasees shall be deemed to have waived, and by operation of the Judgment or the Alternate Judgment, if applicable, shall have expressly waived, any and all provisions, rights, and benefits conferred by any law of any state or territory of the United States, or principle of common law or foreign law, which is similar, comparable, or equivalent to California Civil Code §1542, which provides:

  • Revocation has the meaning set forth in Section 3.14(c).

  • Irrevocable Proxy means the agreement appointing the Platform or an affiliate of the Platform as the sole and exclusive attorney and proxy of the Investor, with full power of substitution and re-substitution, to vote and exercise all voting and related rights with respect to all of the securities of the Company that now are or hereafter may be beneficially owned by Investor.

  • 10) Election has the meaning set forth in Section 6.05(a).

  • by-election means an election other than a general election;

  • day of the making of the offer means the day on which the Company announces its intention to make an offer for the purchase of Shares from Shareholders, stating the purchase price (which shall not be more than the Maximum Price calculated on the foregoing basis) for each Share and the relevant terms of the equal access scheme for effecting the Off-Market Purchase.

  • Revocation or suspension notice means a board notification suspending a license for an indefinite or specified period of time or a notification revoking a license as required by the Act.

  • Notice of Acceptance means the written notification and any accompanying documentation sent to the Consultant by the Principal advising acceptance of its Tender to provide the Services under the Contract.

  • Proxy means, in relation to any Meeting, a person appointed to vote under a Block Voting Instruction other than:

  • Proxy Form means the proxy form attached to the Notice;

  • General relief means money payments and other forms of relief made to those persons mentioned

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • Notice of Extension has the meaning specified in Section 2.20.

  • Letter of Transmittal and Election Form means the letter of transmittal and election form(s) to be delivered by Company to the Company Shareholders and Company RSU Holders and providing for the Company Shareholder’s and Company RSU Holders election with respect to the Consideration;

  • Joint and Survivor Annuity means an immediate annuity for the life of a Participant with a survivor annuity for the life of the Participant's Spouse which is not less than fifty percent (50%), nor more than one hundred percent (100%) of the amount of the annuity payable during the joint lives of the Participant and the Participant's Spouse which can be purchased with the Participant's Vested interest in the Plan reduced by any outstanding loan balances pursuant to Section 7.4.

  • Notice of Guaranteed Delivery means the notice of guaranteed delivery in the form printed on green paper accompanying the Offer to Purchase and Circular;

  • Threatened Release means a substantial likelihood of a Release which requires action to prevent or mitigate damage to the soil, surface waters, groundwaters, land, stream sediments, surface or subsurface strata, ambient air or any other environmental medium comprising or surrounding any Property which may result from such Release.