PTCE definition

PTCE. Prohibited Transaction Class Exemption.

PTCE. As defined in Section 5.02(b).

PTCE. A Prohibited Transaction Class Exemption issued by the United States Department of Labor which provides that exemptive relief is available to any party to any transaction which satisfies the conditions of the exemption.

Examples of PTCE in a sentence

• Any such requests for a change in the PTCE or the Contract Time shall be processed in accordance with this Article.

• Any change in the PTCE or Contract Time resulting from the actions of the Constructor in an emergency situation shall be determined as provided in Article 20.

• In the event that the Management Group has any comments relative to the PTCE Proposal, or finds any inconsistencies or inaccuracies in the information presented, it shall give prompt written notice of such comments or findings to the Parties, who shall make appropriate adjustments to the PTCE, its basis or both.

• Any change in the PTCE or the Date of Substantial Completion or Date of Final Completion resulting from such claim shall be authorized by Change Order.

• Such approval shall be promptly memorialized in a Change Order and, if applicable, provide for an equitable adjustment in the PTCE or Contract Time.

More Definitions of PTCE

PTCE has the meaning set forth in Section 3.3(d).

PTCE. As defined in Section 4.02(d)(i).

PTCE means a U.S. Department of Labor Prohibited Transaction Class Exemption.

PTCE. As defined in Section 3.03(d).

PTCE. The meaning specified in Section 2.03(a).

PTCE has the meaning provided in Section 4.02(t).

PTCE means a prohibited transaction class exemption issued by the U.S. Department of Labor pursuant to section 408(a) of ERISA.