Special power definition

Special power means a power, the permissible appointees of which do not include the donee, his or her estate, his or her creditors, or the creditors of his or her estate.
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Special power means any investment or business opportunity or prospective economic or competitive advantage that (i) is presented to or becomes known to an officer of the Corporation who is not also an officer or director of AOL or ODC or any of their Subsidiaries or Affiliates (other than the Corporation), (ii) occurs or arises solely in the Territory and (iii) involves opportunities, activities or operations of a type or nature which the Corporation is then pursuing or conducting (i.e., accepting advertising from a local provider of products or services, or advertising directed solely in the Territory from an international provider of products or services as opposed to advertising by an international provider of products or services directed both within and outside of the Territory) as opposed to opportunities, activities or operations of a type which the Corporation is not then conducting (i.e., offering a new product, technology or service not then being offered by the Corporation).
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Special power means a power exercisable only in favor of one or more persons not including the donee, the donee’s estate, the donee’s creditors or the creditors of the donee’s estate and, when exercisable in favor of a class, so limited in size by descrip- tion of the class that in the event of nonexercise of the power a court can make distribution to persons within the class if the donor has failed to provide for this contingency.
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Examples of Special power in a sentence

  • Special power of attorney, relative to the guardianship of a child of a military family and executed under applicable law shall be sufficient for the purposes of enrollment and all other actions requiring parental participation and consent.

  • Special power of attorney, relative to the guardianship of a child of a military family and executed under applicable law, shall be sufficient for the purposes of enrollment and all other actions requiring parental participation and consent.

  • Firm’s cancelled cheque.2. Partnership deed.3. Special power of attorney by all partners for authorized person who deals with FCI and M-Junction.Limited Company1.

  • Firm’s cancelled cheque.2. Partnership deed.3. Special power of attorney by all partners for authorized person who deals with FCI and Mjunction.Limited Company1.

  • Special power of Attorney by all partners for authorized person who deals with FCI & M JunctionLimited Company1.

  • This Special power will remain in effect until the Concession Contracts have ended from all aspects, unless it is early revoked by the undersigned through a document signed and delivered to the attorneys-in-fact.

  • Special power of the Syndicate: Notwithstanding anything contained in this Act, the Syndicate shall exercise all the powers and perform all the functions of the Senate except the power of review under sub section (1) of Section 19 till the reconstitution of the Senate.*( * Inserted by Act 2 of 1994)24.

  • The definition of a general power of appointment contained in 26 U.S.C. Section 2056(b)(5) of the Internal Revenue Code would meet the test of a general power under Iowa law.b. Special power of appointment.

  • Special power of attorney issued by data subject on the name of relevant third party is required in order a third party to apply for and on behalf of data subject.

  • Special power required for welders or other special equipment shall be provided by the trade requiring such power.


More Definitions of Special power

Special power means any power conferred under Part 4 or section 31, 35(4) or (5) or 48;
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Special power means a power exercisable only in favor of one or more persons not including the donee, his estate, his creditors, or the cred- itors of his estate and, when exercisable in favor of a class, so limited in size by description of the class that in the event of non-exercise of the power distribution can be made under section 12 to persons within the class if the donor fails to provide for this contingency;
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Related to Special power

  • the Macfarlane (Special Payments) Trust means the trust of that name, established on 29th January 1990 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia;

  • Mortgage Assets The Mortgage Loans to be included in the Trust Fund are as described in Annex A hereto.

  • WIC means women, infants, and children supplemental nutrition program.

  • Noncustodial parent means a person who, at the time of the commencement of court proceedings in the sending state, does not have sole legal custody of the child or has joint legal custody of a child, and who is not the subject of allegations or findings of child abuse or neglect.

  • Mortgage servicer means the mortgagee or a person other than the mortgagee to whom a mortgagor or the mortgagor’s successor in interest is instructed by the mortgagee to send payments on a loan secured by the mortgage. A person transmitting a payoff statement for a mortgage is the mortgage servicer for purposes of such mortgage.

  • the Macfarlane (Special Payments) (No. 2) Trust means the trust of that name, established on 3rd May 1991 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia and other beneficiaries;

  • Custodial parent means a parent awarded custody by a court decree. In the absence of a court decree, it is the parent with whom the child resides more than one half of the calendar year without regard to any temporary visitation.

  • Mortgage Assignment means an assignment of the Mortgage in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage.

  • Renewable Energy Certificates or “RECs” shall mean all of the Certificates and any and all other Environmental Attributes associated with the Products or otherwise produced by the Facility which satisfy the RPS for a RPS Class I Renewable Generation Unit, and shall represent title to and claim over all Environmental Attributes associated with the specified MWh of generation from such RPS Class I Renewable Generation Unit.