Nil Grant Unit definition

Nil Grant Unit means a house, flat or maisonette comprised within a Named Project in respect of which the Grant Recipient did not (a) seek grant funding under the AHP 2016/21 or (b) utilise any Fund Proceeds; Non Compliance Notification Date means the date on which the GLA notifies the Grant Recipient that it has become aware that a Named Project in respect of which Total Project Grant has been paid or utilised does not meet the Named Project Details; Open Book Basis means the full and transparent disclosure and declaration of all information which the Grant Recipient or a Grant Recipient Party is required to maintain, keep or disclose under this Agreement including all price components including profit margins, central office overheads, Site overheads, preliminaries, contingencies and the cost of all materials, goods, equipment, work and services, apportionments of such items together with all and any books of accounts together with such other information as the GLA reasonably requires to monitor compliance with the SGEI Decision; Open Book Obligations mean the obligations set out in Condition 19; OPS means the "GLA Open Project System", being the GLA’s on-line investment management system from time to time or any successor system; Original Approved Bid means the aggregate of the Named Projects accepted by the GLA pursuant to Condition 5.1;
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Nil Grant Unit means a house, flat, maisonette or (where expressly agreed by the GLA on OPS) Shared Accommodation comprised within a Named Project in respect of which the Grant Recipient did not seek grant funding under the RSAP;
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Nil Grant Unit means a house, flat or maisonette comprised within a Named Project in respect of which the Grant Recipient did not (a) seek grant funding under the AHP 2016/21 or (b) utilise any Fund Proceeds; Non Compliance Notification Date means the date on which the GLA notifies the Grant Recipient that it has become aware that a Named Project in respect of which Total Project Grant has been paid or utilised does not meet the Named Project Details; Non Start Dwelling means an Indicative Dwelling which does not or will not achieve Start on Site in the relevant Start Year; Open Book Basis means the full and transparent disclosure and declaration of all information which the Grant Recipient or a Grant Recipient Party is required to maintain, keep or disclose under this Agreement including all price components including profit margins, central office overheads, Site overheads, preliminaries, contingencies and the cost of all materials, goods, equipment, work and services, apportionments of such items together with all and any books of accounts together with such other information as the GLA reasonably requires to monitor compliance with the SGEI Decision; Open Book Obligations mean the obligations set out in Condition 19; OPS means the "GLA Open Project System", being the GLA’s on-line investment management system from time to time or any successor system; Original Approved Bid means the aggregate of the Named Projects and Indicative Proposals (if any) accepted by the GLA pursuant to Condition 5.1.1;
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More Definitions of Nil Grant Unit

Nil Grant Unit means a house, flat, maisonette or other form of dwelling comprised within a Firm Scheme in respect of which unit neither the Consortium nor the Relevant Consortium Member sought grant funding under this Agreement; Non Compliance Notification Date means the date on which Homes England notifies the Lead Partner that it has become aware that a Firm Scheme in respect of which it has paid Firm Scheme Grant does not meet the Firm Scheme Details; Notice Date means the date of the notice served in accordance with clause 19.7 (Default Events and Termination);
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Nil Grant Unit means a house, flat or maisonette comprised within a Named Project in respect of which the Relevant Consortium Member did not (a) seek grant funding under the AHP 2016/21 or (b) utilise any Fund Proceeds; Non Compliance Notification Date means the date on which the GLA notifies the Lead Partner that it has become aware that a Named Project in respect of which Total Project Grant has been paid or utilised does not meet the Named Project Details; Open Book Basis means the full and transparent disclosure and declaration of all information which the Consortium Members or Consortium Member Parties are required to maintain, keep or disclose under this Agreement including all price components including profit margins, central office overheads, Site overheads, preliminaries, contingencies and the cost of all materials, goods, equipment, work and services, apportionments of such items together with all and any books of accounts together with such other information as the GLA reasonably requires to monitor compliance with the SGEI Decision;
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Nil Grant Unit means a house, flat or maisonette comprised within a Firm Scheme in respect of which unit the Grant Recipient did not seek grant funding under this Agreement; Non Compliance Notification Date means the date on which the Agency notifies the Grant Recipient that it has become aware that a Firm Scheme in respect of which it has paid Firm Scheme Grant does not meet the Firm Scheme Details; Officer's Certificate means a certificate in the form set out in Schedule 2 or in such other form as the Agency may prescribe from time to time; Older People means individuals over the age of fifty five (55); Older People's Shared Ownership Lease means a Shared Ownership Lease which in addition complies with the specific requirements of the Capital Funding Guide relating to Older Persons Shared Ownership and is granted only to a person aged 55 or over; Ongoing Obligations means the Grant Recipient's obligations under Conditions 7.2 to
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Nil Grant Unit means a house, flat, maisonette or other form of dwelling comprised within a Firm Scheme in respect of which unit the Developer did not seek grant funding under this Agreement; Non Compliance Notification Date means the date on which Homes England notifies the Developer that it has become aware that a Firm Scheme in respect of which it has paid Firm Scheme Grant does not meet the Firm Scheme Details; Notification means a notification by HMRC to Homes England under Regulation 6(6) of the 2005 Regulations; Notification Failure means in relation to each of Clauses 10.5.1 (Changes to Firm Schemes) and 10.5.3 (Changes to Firm Schemes) a failure by the Developer to advise Homes England within the period specified in the relevant Clause as to whether it wishes to proceed with a Firm Scheme or to withdraw it from the Agreement; Older People’s Shared Ownership Lease has the meaning attributed to it in Schedule 2 (OPSO Schemes);
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Nil Grant Unit means a house, flat, maisonette or other form of dwelling comprised within a Firm Scheme in respect of which unit the Developer did not seek grant funding under this Agreement; Non Compliance Notification Date means the date on which Homes England notifies the Developer that it has become aware that a Firm Scheme in respect of which it has paid Firm Scheme Grant does not meet the Firm Scheme Details; Notification means a notification by HMRC to Homes England under Regulation 6(6) of the 2005 Regulations; Notification Failure means in relation to each of Clauses 10.3.1 (Changes to Firm Schemes), Clauses 10.3.3 (Changes to Firm Schemes), Clauses 10.5.1 (Changes to Firm Schemes) and 10.5.3 (Changes to Firm Schemes) a failure by the Developer to advise Homes England within the period specified in the relevant Clause as to whether it wishes to proceed with a Firm Scheme or to withdraw it from the Agreement; Older People’s Shared Ownership Lease has the meaning attributed to it in Schedule 2 (OPSO Schemes);
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Related to Nil Grant Unit

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

  • Initial Grant means an Option granted to a Non-Employee Director who meets the specified criteria pursuant to Section 6(a).

  • Annual Grant means an Option granted annually to all Non-Employee Directors who meet the criteria specified in subsection 6(b) of the Plan.

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • Sub-grant means a grant made or proposed to be made by the Recipient to a Beneficiary out of the proceeds of the Financing for the purpose of financing a Subproject; and “Sub-grants” means more than one such Sub-grant.

  • Option Grant Date means, as to any Stock Option, the latest of:

  • Share Unit means a unit credited by means of an entry on the books of the Corporation to a Participant pursuant to the Plan, representing the right to receive, subject to and in accordance with the Plan, for each Vested Share Unit one Share, at the time, in the manner, and subject to the terms, set forth in the Plan and the applicable Grant Agreement;

  • Stock Grant Agreement means the agreement between the Company and a Grantee who is awarded Shares under the Plan that contains the terms, conditions and restrictions pertaining to the award of such Shares.

  • Restricted Stock Grant means Shares awarded under the Plan as provided in Section 9.

  • Performance Share means an Award denominated in Shares which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine pursuant to Section 10.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Phantom Stock Unit means the right to receive the value of one (1) share of the Company’s Common Stock, subject to the provisions of Section 8.4 of the Plan.

  • Director Option means an Option granted pursuant to Section 6.

  • Dividend Equivalent Unit means the right to receive a payment, in cash or Shares, equal to the cash dividends or other cash distributions paid with respect to a Share.

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Phantom Stock Award Agreement means a written agreement between the Company and a Holder with respect to a Phantom Stock Award.

  • RSU means a contractual right granted pursuant to Section 9 that is denominated in Shares. Each RSU represents a right to receive the value of one Share (or a percentage of such value) in cash, Shares or a combination thereof. Awards of RSUs may include the right to receive dividend equivalents.

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Stock Grant means the grant of shares of Stock not subject to restrictions or other forfeiture conditions.

  • Restricted Stock Unit Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Unit Award evidencing the terms and conditions of a Restricted Stock Unit Award grant. Each Restricted Stock Unit Award Agreement will be subject to the terms and conditions of the Plan.

  • Phantom Stock Award means an Award granted under Paragraph X of the Plan.

  • Stock Unit means a bookkeeping entry representing the equivalent of one Common Share, as awarded under the Plan.

  • Restricted Share Unit Award means a right to receive Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(b).

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • Restricted Stock Unit means a bookkeeping entry representing an amount equal to the Fair Market Value of one Share, granted pursuant to Section 8. Each Restricted Stock Unit represents an unfunded and unsecured obligation of the Company.