Mandatory Variation definition

Mandatory Variation means any Variation necessitated by:
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Mandatory Variation means a Variation which is required to this Agreement in order to implement changes falling into the following categories:
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Mandatory Variation means any Material Variation or Minor Variation which is required to be made pursuant to any Change in Law, including any change in Group Standards; Master Definitions Agreement means the agreement entered into between (1) the Secretary of State (2) the Owner (3) the Depot SPC and (4) the Operator dated the same date hereof; Material Defect has the meaning given to it in clause 12.6(b)(i);
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Examples of Mandatory Variation in a sentence

  • However, the parties shall, to the extent reasonably possible, seek to agree the most cost effective way and time of implementing such Mandatory Variation.

  • However, the parties shall, to the extent reasonablypossible, seek to agree the most cost effective way and time of implementing such Mandatory Variation.

  • The Authority must determine a Mandatory Variation Dispute on such terms as it considers to be appropriate including determining that: (1) the Proposed Variation should be implemented by the Infrastructure Provider or the Incumbent Undertaker (as applicable) with or without modification; or (2) the Proposed Variation should not be implemented, and any such determination shall be binding on the Infrastructure Provider.

  • The Infrastructure Provider must refer all Mandatory Variation Disputes to the Authority if required to do so pursuant to the Operation and Maintenance Agreement setting out: (1) details of the Proposed Variation; and (2) objections to the Proposed Variation.

  • The costs incurred or to be incurred by the Authority in determining a Mandatory Variation Dispute will be divided equally between the Infrastructure Provider and the Incumbent Undertaker and will constitute amounts payable by the Infrastructure Provider and the Incumbent Undertaker as fees due to the Secretary of State.

  • In determining a Mandatory Variation Dispute, the Authority must have regard to: (1) its duties and obligations under the Water Industry Act; (2) the duties and obligations of the Infrastructure Provider; (3) the duties and obligations of the Incumbent Undertaker; (4) the interests of customers; and (5) any representations received from the Infrastructure Provider, the Incumbent Undertaker, the Secretary of State or any other interested party.

  • The actual addition of the numbers in the report reflects a funding gap total of $26.2 million.

  • However the parties shall, to the extent reasonably possible, seek to agree the most cost effective way and time of implementing such Mandatory Variation.

  • When any LOC Suspension Notice is given under Condition L8 or any Mandatory Variation Notice is given under this Condition L9, Network Rail shall promptly issue a further statement to the relevant Train Operator (with a copy to the Regulator) containing the revised Local Output Commitment applicable to that Train Operator, as varied by the terms of the relevant notice.

  • Approval of the minutes of the November 20-22, 2008 Board meeting as distributed.


More Definitions of Mandatory Variation

Mandatory Variation means any Variation in the scope of the Services which the Commissioners are required to implement by reason of a change in Law or applicable health or social care guidance, direction, standard or requirement to which the Commissioners have a duty to have regard;
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Mandatory Variation means a Variation which is required in order to implement changes falling into the following Categories:
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Mandatory Variation means any change or variation to the Services necessitated by:
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Related to Mandatory Variation

  • Service Variation has the meaning attributed to it in paragraph 7.1;

  • variation date means the date on which clause 4 of the variation agreement made on or about 17 November 2010 between the State and the Company comes into operation;

  • Variation Procedure means the procedure for carrying out a Variation as set out in Clause 16.1 (Variation Procedure);

  • Variation Margin means, in connection with an outstanding futures contract owned or sold by the Corporation, the amount of cash or securities paid to or received from a broker (subsequent to the Initial Margin payment) from time to time as the price of such futures contract fluctuates.

  • Basic Terms Modification means any proposal:

  • Variation means a change which is instructed by the Engineer/Employer under Sub-Clause 10.1.

  • Relevant Potential Change of Control Announcement means any public announcement or statement by the Issuer, any actual or potential bidder or any adviser acting on behalf of any actual or potential bidder relating to any potential Change of Control where within 180 days following the date of such announcement or statement, a Change of Control occurs.

  • Variation Agreement means the agreement a copy of which is set out in Schedule 2;

  • Cross-Series Modification means a modification involving (i) the Bonds or any agreement governing the issuance or administration of the Bonds, and (ii) the debt securities of one or more other series or any agreement governing the issuance or administration of such other debt securities.

  • Day-ahead Scheduling Reserves Market means the schedule of commitments for the purchase or sale of Day-ahead Scheduling Reserves developed by the Office of the Interconnection as a result of the offers and specifications submitted in accordance with Operating Agreement, Schedule 1, section 1.10 and the parallel provisions of Tariff, Attachment K-Appendix.

  • Implementation Date means the date, occurring after the Approval Date, on which the Merger is implemented by the Merging Parties;

  • Construction Change Directive means a written order prepared by Owner Parties and signed by Owner directing Contractor to perform a change in the Work prior to agreeing to a change, if any, to the Contract Time, schedule of performance of the Work, Contract Sum, or Contractor’s compensation.

  • Alternative modes of instruction means modes of pupil instruction, other than in-person instruction, that may include, without limitation, partnerships with other districts or intermediate districts or community colleges or institutions of higher education, use of vendors, use of online learning, telephone communications, email, virtual instruction, videos, slideshows, project-based learning, use of instructional packets, or a hybrid of multiple modes of learning that still promote recommended practices for social distancing to mitigate the spread of COVID-CD.

  • Restructuring Maturity Limitation Date means, with respect to a Valuation Obligation, the Limitation Date occurring on or immediately following the Credit Observation End Date. Notwithstanding the foregoing, if the final maturity date of the Restructured Bond or Loan with the latest final maturity date of any Restructured Bond or Loan occurs prior to the 2.5-year Limitation Date (such Restructured Bond or Loan, a "Latest Maturity Restructured Bond or Loan") and the Credit Observation End Date occurs prior to the final maturity date of such Latest Maturity Restructured Bond or Loan, then the Restructuring Maturity Limitation Date will be the final maturity date of such Latest Maturity Restructured Bond or Loan.