Protected Part definition

Protected Part. Protected Percentage of the sum of the amount of the Protected Debt LESS: (A) its VAT element (or other sales or comparable tax or charge element) and any interest which accrues after the original due date for payment of the Protected Debt; (B) any Reductions which the Customer has taken or is owed in relation to it (net of any VAT included in such Reductions); (C) any Collection relating to it and any amount You hold (or should be holding) relating to it under Condition 6.1(J) which You have not delivered to Us (net of any VAT included in such Collection); and (D) any element of the Protected Debt which relates to any penalties or damages, whether contractual or otherwise, which You may be entitled to be paid by the Customer;
Sample 1Sample 2Sample 3
Protected Part. The Protected Percentage of the sum of the amount of the Protected Debt LESS:- (A) its VAT element; (B) any Reductions which the Customer has taken or is owed in relation to it (net of any VAT included in such Reductions); and (C) any Collection relating to it and any amount You hold (or should be holding) relating to it under Condition 6.1(J) which You have not delivered to Us (net of any VAT included in such Collection);
Sample 1Sample 2Sample 3

Examples of Protected Part in a sentence

  • You must pay the first £10 of the cost of the replacement or repair of any MOT Protected Part or, if there is more than one of them, any combination of Protected Parts.

  • You have Cover for the repair or replacement of the relevant Protected Part.

  • We will not pay for the cost of repairing or replacing any Protected Part that suffers a Mechanical or Electrical Failure as a result of wear and tear.

  • Subject to the following provisions of this Section and of Section 3, We will pay for the cost of repairing or replacing any MOT Protected Part in the event that it suffers a Mechanical or Electrical Failure and that Mechanical or Electrical Failure is stated in the official notification of refusal to issue a MOT certificate to be the reason or a reason why a MOT certificate cannot be issued in respect of the Protected Vehicle during the Warranty Period.

  • Where the Mechanical or Electrical Failure of a Protected Part directly causes damage to another part of the Protected Vehicle (which is not a Protected Part) when the Protected Vehicle is in a Specified Territory during the Warranty Period, then We will pay for the cost of replacing or repairing that other part in addition to the cost of replacing or repairing the Protected Part subject to the Repair Limit, provided that the cost of such repairs are reasonable.

  • Any Protected Part that has suffered a Mechanical or Electrical Failure as a result of the Protected Vehicle sustaining external impact damage.

  • We will not pay more than the Reasonable Costs of Repair for repairing or replacing any MOT Protected Part subject to the Repair Limit.

  • We will not pay for the cost of repairing or replacing any MOT Protected Part that suffers a Mechanical or Electrical Failure as a result of wear and tear or corrosion.

  • The repair or replacement of any Protected Part has not suffered a Mechanical or Electrical Failure.

  • Occupants of the Protected VehicleThe occupants of the Protected Vehicle at the time of the Mechanical or Electrical Failure of the Protected Part.

Related to Protected Part

  • Protected Party means a Finance Party which is or will be subject to any liability, or required to make any payment, for or on account of Tax in relation to a sum received or receivable (or any sum deemed for the purposes of Tax to be received or receivable) under a Finance Document.

  • Protected Property means each property identified on Exhibit A hereto and each property acquired in Exchange for a Protected Property as set forth in Section 2.1(b).

  • Protected Person means: (i) the members of the Board; (ii) the Administrator and its Affiliates; (iii) any Member; (iv) any Officer; or (v) any Person who serves at the request of the Board on behalf of the Company as an officer, director, partner, member, stockholder or employee of any other Person.

  • Protected Parties means the following Persons: (a) the Debtors; (b) Reorganized BSA; (c) the Related Non- Debtor Entities; (d) the Local Councils; (e) the Contributing Chartered Organizations; (f) the Settling Insurance Companies, including Hartford; and (g) all of such Persons’ Representatives; provided, however, that no Perpetrator is or shall be a Protected Party. Notwithstanding the foregoing, a Contributing Chartered Organization shall be a Protected Party with respect to Abuse Claims only as set forth in the definition of “Abuse Claim.”

  • Protected tenant means a tenant who has obtained a court order.

  • protected variety means any variety that is the subject of a breeder’s right;

  • Protected Disclosure means any communication made in good faith that discloses or demonstrates information that may evidence unethical or improper activity.

  • protected species means any of the following animals:

  • Protected Areas Act means the National Environmental Management: Protected Areas Act, 2003;

  • protected area means an area that is or has to be listed in the register referred to in section 10 of the Protected Areas Act;

  • Protected Information means PHI provided by CE to BA or created, maintained, received or transmitted by BA on CE’s behalf.

  • Protected wildlife means wildlife designated by the

  • Substantial Part means properties and assets involved in any single transaction or a Series of Related Transactions having an aggregate fair market value of more than ten percent (10%) of the total consolidated assets of the Person in question as determined immediately prior to such transaction or Series of Related Transactions.

  • Protected Purchaser has the meaning specified in Section 8-303 of the UCC.

  • Protected Activity means filing a charge, complaint, or report with, or otherwise communicating, cooperating, or participating in any investigation or proceeding that may be conducted by, any federal, state or local government agency or commission, including the Securities and Exchange Commission, the Equal Employment Opportunity Commission, the Occupational Safety and Health Administration, and the National Labor Relations Board (the “Government Agencies”). The Employee understands that in connection with such Protected Activity, the Employee is permitted to disclose documents or other information as permitted by law, and without giving notice to, or receiving authorization from, the Company. Notwithstanding the foregoing, the Employee agrees to take all reasonable precautions to prevent any unauthorized use or disclosure of any information that may constitute Company confidential information to any parties other than the Government Agencies. The Employee further understands that “Protected Activity” does not include the disclosure of any Company attorney-client privileged communications. Any language in any other agreement between the Company and the Employee regarding the Employee’s right to engage in Protected Activity that conflicts with, or is contrary to, this paragraph is superseded by this Agreement. In addition, pursuant to the Defend Trade Secrets Act of 2016, the Employee is notified that an individual will not be held criminally or civilly liable under any federal or state trade secret law for the disclosure of a trade secret that (i) is made in confidence to a federal, state, or local government official (directly or indirectly) or to an attorney solely for the purpose of reporting or investigating a suspected violation of law, or (ii) is made in a complaint or other document filed in a lawsuit or other proceeding, if (and only if) such filing is made under seal. In addition, an individual who files a lawsuit for retaliation by an employer for reporting a suspected violation of law may disclose the trade secret to the individual’s attorney and use the trade secret information in the court proceeding, if the individual files any document containing the trade secret under seal and does not disclose the trade secret, except pursuant to court order.

  • Protected record means a record that is classified protected as provided by Section 63G-2-305.

  • Protected Customers means any Person to whom the Company has sold its products or services or solicited to sell its products or services during the twelve (12) months prior to the Determination Date.

  • Company Property means any and all property, both real and personal, tangible and intangible, whether contributed or otherwise acquired, owned by the Company.

  • Property means any interest in any kind of property or asset, whether real, personal or mixed, or tangible or intangible.

  • Company Real Property means the Company Owned Real Property and the Company Leased Real Property.

  • Receiving property means a lot or parcel within which

  • Transaction Personal Information has the meaning ascribed thereto in Section 9.1;

  • Protected cell means an identified pool of assets and liabilities of a protected cell company segregated and insulated as provided under this chapter from the remainder of the protected cell company’s assets and liabilities.

  • Excluded Party has the meaning set forth in Section 7.4(b).

  • Excluded Entity means a corporation or other entity of which the holders of voting capital stock of the Company outstanding immediately prior to such transaction are the direct or indirect holders of voting securities representing at least a majority of the votes entitled to be cast by all of such corporation’s or other entity’s voting securities outstanding immediately after such transaction.

  • Restricted Party means a person that is: