Medium Value Change definition

Medium Value Change has the meaning given in Schedule Part 16 (Change Protocol);
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Medium Value Change means a Change requested by the Authority which is not a Low Value Change or a High Value Change;
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Medium Value Change means a Change, which is neither a Minor Change nor a Major Change nor an Administrative Change and which will not increase the likelihood of the Contractor failing to meet the Authority’s Requirements or materially and adversely affect the Contractor’s ability to perform its obligations under this Contract other than as may be necessary pursuant to a Transition Schedule Change; MIAC Required Action is as defined in Clause 62.7(a) (Authority’s Indemnity on Measures in a Crisis);
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Examples of Medium Value Change in a sentence

  • On the other hand, a Medium Value Change might (if particularly complex) merit being processed as a High Value Change.

  • It may be more appropriate to agree to deal with it as a Medium Value Change.

  • If the Authority requires a Medium Value Change, it must serve a notice (a Medium Value Change Notice) on the Contractor in accordance with paragraph 2 of this Part 3 of this Schedule 24.

  • If the Authority requires a Medium Value Change, it must serve a notice (a Medium Value Change Notice) on the Contractor in accordance with paragraph 2 of this Part 3.

  • This deduction shall not apply where Project Co refuses a Medium Value Change in accordance with paragraph 2.3 ofSection 3 (Medium Value Changes) of Schedule 16 (Change Protocol).

  • If the Parties cannot agree on the contents of the Estimate, the matter may be referred to the Dispute Resolution Procedure to determine if the Estimate represents a fair and reasonable approach to implementing the Medium Value Change in all respects.

  • If the parties cannot agree on the contents of the Estimate, the matter may be referred by either party to the Dispute Resolution Procedure to determine if the Estimate represents a fair and reasonable approach to implementing the Medium Value Change in all respects.

  • Unless the parties otherwise agree, no changes to the Project Documents shall be made as a result of a Medium Value Change.

  • Where the Medium Value Change is implemented at the Facilities after the Actual Completion Date [Phase Actual Completion Date], and constitutes additional works, the procedure set out and agreed in the Estimate for certifying the completion of the Medium Value Change shall apply to determine whether the Medium Value Change has been completed appropriately.

  • In the event that such due diligence is permitted and required, the parties shall agree a budget for the due diligence not exceeding 5% of the overall value of the Medium Value Change in question unless the parties (acting reasonably) agree otherwise.


More Definitions of Medium Value Change

Medium Value Change means a Change, which is not a Low Value Change, and which, in the reasonable opinion of HPTE, is likely either
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Medium Value Change as defined in clause 1.1 of the Project Agreement;
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Medium Value Change means a change to the Services and/or any items of Project Network Parts to be included or removed from the scope of the Project which is not a High Value Change;
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Medium Value Change means a Change, which is not a Low Value Change, and which, in the reasonable opinion of the City, is likely to either cost less than EUR 300,000 (indexed) to implement, or require an adjustment to the Services Payment that is less than 1% of the aggregate of the maximum Base Service Fee in the relevant Contract Year (as the case may be);
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Medium Value Change means a Change, which is not a Minor Change, and which, in the reasonable opinion of the Authority, is likely (if implemented) to result in a net cost or net saving for the Contractor, or a net saving for the Authority, that is less than the greater of one million pounds (£1,000,000) 6 (Indexed) or 27% of the annual Unitary Charge, and which will not increase the likelihood of the Contractor failing to meet the Authority’s Requirements or materially and adversely affect the Contractor's ability to perform its obligations under this Contract;
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Related to Medium Value Change

  • Change of Control Value means (i) the per share price offered to stockholders of the Company in any such merger, consolidation, reorganization, sale of assets or dissolution transaction, (ii) the price per share offered to stockholders of the Company in any tender offer or exchange offer whereby a Change of Control takes place, or (iii) if such Change of Control occurs other than pursuant to a tender or exchange offer, the Fair Market Value per share of the shares into which Awards are exercisable, as determined by the Committee, whichever is applicable. In the event that the consideration offered to stockholders of the Company consists of anything other than cash, the Committee shall determine the fair cash equivalent of the portion of the consideration offered which is other than cash.

  • ECB Recommended Rate Index Cessation Event means the occurrence of one or more of the following events:

  • Market Capitalization means an amount equal to (i) the total number of issued and outstanding shares of common stock or common equity interests of the IPO Entity on the date of the declaration of the relevant dividend multiplied by (ii) the arithmetic mean of the closing prices per share of such common stock or common equity interests for the 30 consecutive trading days immediately preceding the date of declaration of such dividend.

  • Value Adjustment Event means, with respect to any Loan Asset, the occurrence of any one or more of the following events after the related Cut-Off Date:

  • Control Change Date means the date on which a Change in Control occurs. If a Change in Control occurs on account of a series of transactions, the “Control Change Date” is the date of the last of such transactions.

  • ECB Recommended Rate Index Cessation Effective Date means, in respect of an ECB Recommended Rate Index Cessation Event, the first date on which the ECB Recommended Rate is no longer provided, as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • SPS AER Value means the Underlying Reference Value.

  • Measuring Date means November 18, 2010.

  • Make-Whole Fundamental Change Effective Date means (A) with respect to a Make-Whole Fundamental Change pursuant to clause (A) of the definition thereof, the date on which such Make-Whole Fundamental Change occurs or becomes effective; and (B) with respect to a Make-Whole Fundamental Change pursuant to clause (B) of the definition thereof, the applicable Redemption Notice Date.

  • Potential Change of Control Announcement means any public announcement or statement by the Issuer or by any actual or potential bidder or any designated adviser thereto relating to any specific or any near-term potential Change of Control (whereby "near-term" shall mean that such potential Change of Control is reasonably likely to occur, or is publicly stated by the Issuer or by any such actual or potential bidder or any such designated adviser to be intended to occur, within four months of the date of such announcement or statement).

  • Program change means any elimination, curtailment or reorganization of a curriculum offering, program or school operation or a reorganization or closing of a school or consolidation of two or more individual schools or school districts that is unrelated to financial exigency.

  • Index Adjustment Event means, in respect of the Index, an Administrator/Benchmark Event, an Index Cancellation, an Index Disruption or an Index Modification.

  • Maximum horizontal acceleration in lithified earth material means the maximum expected horizontal acceleration depicted on a seismic hazard map, with a 90 percent or greater probability that the acceleration will not be exceeded in 250 years, or the maximum expected horizontal acceleration based on a site-specific seismic risk assessment.

  • 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.

  • Change of Control Date means the date on which a Change of Control occurs.

  • Climate Change Levy or “CCL” means the tax referred to in schedule 6 of the Finance Act 2000;

  • Equity Conditions Measuring Period means each day during the period beginning twenty (20) Trading Days prior to the applicable date of determination and ending on and including the applicable date of determination.

  • Value Increase shall have the meaning ascribed to it in Section 2.4(d)(i).

  • Change of Control Put Date shall have the meaning specified in Section 11.1.

  • Share Valuefinal means the Preference Share Value on the Valuation Date; and "Share Valueinitial" means the Preference Share Value on the Initial Valuation Date.

  • Value engineering change proposal (VECP means a proposal that--

  • Corporate Change means one of the following events: (i) the merger, consolidation, or other reorganization of the Company in which the outstanding Stock is converted into or exchanged for a different class of securities of the Company, a class of securities of any other issuer (except a direct or indirect wholly owned subsidiary of the Company), cash or other property; (ii) the sale, lease or exchange of all or substantially all of the assets of the Company to any other corporation or entity (except a direct or indirect wholly owned subsidiary of the Company); or (iii) the adoption by the stockholders of the Company of a plan of liquidation or dissolution.

  • Make-Whole Fundamental Change Period shall have the meaning specified in Section 14.03(a).

  • climate change means a change of climate which is attributed directly or indirectly to human activity that alters the composition of the global atmosphere and which is in addition to natural climate variability observed over comparable time periods.

  • Potential Change of Control shall be deemed to have occurred if:

  • Change of Control Effective Date means the first date during the Change of Control Period (as defined in Section 7.2) on which a Change of Control occurs. Notwithstanding anything in this Agreement to the contrary, if a Change of Control occurs and if the Executive’s employment with the Company (or applicable affiliated company) is terminated prior to the date on which the Change of Control occurs, and if it is reasonably demonstrated by the Executive that such termination of employment (i) was at the request of a third party who has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or anticipation of a Change of Control, then for all purposes of this Agreement the “Change of Control Effective Date” shall mean the date immediately prior to the date of such termination of employment.