Scottish Settlements definition

Scottish Settlements means Scottish Electricity Settlements Limited (registered number SC 169212) a company registered in Scotland having its registered office at Delta House, 00 Xxxx Xxxx Xxxxxx, Xxxxxxx, X0 0XX or such other person as is appointed as a successor to Scottish Electricity Settlements Limited in terms of Clause 13 (Appointment of successor to Scottish Settlements);
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Scottish Settlements means Scottish Electricity Settlements Limited, a private limited liability company incorporated in Scotland with registered number SC169212 jointly owned by the Scottish PESs for the purposes of managing and implementing the Scottish Settlements Arrangements (and includes any successor company);
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Scottish Settlements. The Scottish PESs shall be entitled to act for the purpose of the Scottish Settlements Arrangements and this Schedule through Scottish Settlements. If required by the Executive Committee, the Scottish PESs shall procure that Scottish Settlements becomes a party to the Agreement, appoints an agent for service of process in England and undertakes directly in form and content reasonably satisfactory to the Executive Committee the obligations on its part contained in this Schedule and the Scots Subsidiary Documents.
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Examples of Scottish Settlements in a sentence

  • Each Host PES in Scotland shall ensure that its Validation Procedures comply with the Scottish Settlements validation requirements set out in Schedule 11.

  • The Accreditation Authority hereby authorises the appointment and/or removal, by Scottish Settlements in terms of Clause 96.2, of Certification Agents on behalf of all Parties.

  • Scottish Settlements and each Party who is exempt from the requirement to hold a Licence under the Act agrees to provide the Director with any information held by it which the Director requires to fulfil any function pursuant to this Agreement.

  • In any appeal so lodged Scottish Settlements may at its sole discretion choose to be represented by the Party or Parties making the request pursuant to this Clause 8.10.

  • Each Supplier shall and shall procure that each of its Supplier Agents shall consider the impact upon it of any proposed changes to the MRA Priority Provisions and shall provide any relevant information relating to such changes to Scottish Settlements in order to enable Scottish Settlements to comply with its obligations pursuant to the Master Registration Agreement.

  • The appointment of Scottish Settlements by Scottish Hydro-Electric and ScottishPower may be terminated either by the resignation of Scottish Settlements in accordance with Clause 10 (Resignation by Scottish Settlements) or by the removal of Scottish Settlements in accordance with Clauses 11 (Removal of Scottish Settlements by Consent) and/or 12 (Removal of Scottish Settlements).

  • The FAP's decision will, within 14 days of the relevant FAP meeting, then be passed to the Director by Scottish Settlements.

  • Scottish Settlements will take account of any resolution of the FAP but will not be bound by such resolution.

  • Each Party acknowledges and agrees that no Party or Non Trading Generator shall be in breach of any obligation of confidentiality owed by it pursuant to this Agreement in reporting under Clauses 127 (Default by Parties other than Scottish Settlements) and 86 (Notification of Failure to Perform and Reports from Panels) any breach of this Agreement or its belief that any such breach has occurred.

  • For the purposes of this Clause 85.7, 'employer' shall be taken to include any affiliate, related undertaking or Agent of such employer, provided that, for the purpose of this Clause only, Scottish Settlements shall not be considered an affiliate, related undertaking or Agent of either of the Scottish Companies.

Related to Scottish Settlements

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Physical Settlement shall have the meaning specified in Section 14.02(a).

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Operating Agreement, section 3.3. PJM Tariff, Xxxxxx, O.A.T.T., OATT or PJM Open Access Transmission Tariff: “PJM Tariff,” “Tariff,” “O.A.T.T.,” “OATT,” or “PJM Open Access Transmission Tariff” shall mean that certain PJM Open Access Transmission Tariff, including any schedules, appendices or exhibits attached thereto, on file with FERC and as amended from time to time thereafter. Plan:

  • Physical Settlement Date means the date specified as such in any Physical Settlement Notice, which shall be not earlier than 10 nor later than 20 Business Days after the date on which the Physical Settlement Notice is given.

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Share Settlement means a number of shares of Class A Common Stock (together with any Corresponding Rights) equal to the number of Redeemed Units.

  • Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by the State. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • Remarketing Settlement Date means (i) in the case of a Successful Optional Remarketing, (x) if the remarketed Notes are priced before 4:30 p.m. New York City time on the Optional Remarketing Date for such Successful Optional Remarketing, the third Business Day immediately following such Optional Remarketing Date and (y) otherwise, the fourth Business Day following the relevant Optional Remarketing Date, and (ii) in the case of a Final Remarketing, the Purchase Contract Settlement Date.

  • Subscription Settlement Date means the second Valuation Date after the Subscription Trade Date, provided that such Valuation Date is not a Disrupted Day and that such Valuation Date is both a Currency Business Day and a Clearing System Business Day.

  • Net Share Settlement On each Settlement Date, Issuer shall deliver to Dealer a number of Shares equal to the Number of Shares to be Delivered for such Settlement Date to the account specified by Dealer and pay cash to Dealer in lieu of any fractional shares valued at the Relevant Price on the Valuation Date corresponding to such Settlement Date. Number of Shares to be Delivered: In respect of any Exercise Date, subject to the last sentence of Section 9.5 of the Equity Definitions, the product of (i) the number of Warrants exercised or deemed exercised on such Exercise Date, (ii) the Warrant Entitlement and (iii)(A) the excess, if any, of the VWAP Price on the Valuation Date occurring on such Exercise Date over the Strike Price, divided by (B) such VWAP Price. The Number of Shares to be Delivered shall be delivered by Issuer to Dealer no later than 4:00 P.M. (local time in New York City) on the relevant Settlement Date.

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Viatical settlement broker means a person, including a life insurance producer as provided for in section 508E.3, who, working exclusively on behalf of a viator and for a fee, commission, or other valuable consideration, offers or attempts to negotiate viatical settlement contracts between a viator and one or more viatical settlement providers or one or more viatical settlement brokers. Notwithstanding the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator, and not the insurer or the viatical settlement provider, and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator. “Viatical settlement broker” does not include an attorney, certified public accountant, or a financial planner accredited by a nationally recognized accreditation agency who is retained to represent the viator and whose compensation is not paid directly or indirectly by the viatical settlement provider or purchaser.

  • Cash Settlement Averaging Period means, with respect to a Security that is tendered for conversion in accordance with this Article X, the twenty (20) consecutive Trading-Day period that begins on, and includes, the third (3rd) Trading Day after the Conversion Date for such Security; provided, however, that if such Conversion Date is on or after the twenty third (23rd) scheduled Trading Day prior to the Maturity Date, then the Cash Settlement Averaging Period with respect to such conversion shall be the twenty (20) consecutive Trading-Day period that begins on and includes the twentieth (20th) scheduled Trading Day prior to the Maturity Date.

  • Structured settlement payment rights means rights to receive periodic payments under a structured settlement, whether from the structured settlement obligor or the annuity issuer, where:

  • Combination Settlement shall have the meaning specified in Section 14.02(a).

  • Individual Settlement Payment means the amount payable from the Net

  • Mandatory Settlement Date means the earliest of:

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Ontario Settlement Class means the settlement class in respect of the Ontario Action as defined in Schedule A.

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • securities settlement system means a securities settlement system (as defined in the CSD Regulation) operated by a central securities depository;

  • Early Settlement has the meaning specified in Section 5.9(a).

  • Resettlement means the impact of an involuntary taking of land under the Project, which taking causes affected persons to have their: (i) standard of living adversely affected; or (ii) right, title or interest in any house, land (including premises, agricultural and grazing land) or any other fixed or movable asset acquired or possessed, temporarily or permanently; or (iii) access to productive assets adversely affected, temporarily or permanently; or (iv) business, occupation, work or place of residence or habitat adversely affected, temporarily or permanently.