Specified Duties definition

Specified Duties means Executive’s duty to follow lawful and reasonable orders of the BankUnited Board or the Company Board, the failure of which to follow, could reasonably be expected to materially and adversely impact the Company and its subsidiaries taken as a whole (other than such failure resulting from Executive’s Disability).
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Specified Duties means Executive’s duty to follow lawful and reasonable orders of the Company Board relating to a determination by the Company Board to effect an Exit Event or an Initial Public Offering (each as defined in the Amended and Restated Limited Liability Company Agreement of the Company, dated May 21, 2009, among the Company and its members as it may be amended, supplemented or modified from time to time (the “LLC Agreement”)) or other order, the failure of which to follow, could reasonably be expected to materially and adversely impact the Company and its subsidiaries taken as a whole (other than such failure resulting from Executive’s Disability).
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Examples of Specified Duties in a sentence

  • In consideration of this, the Company will maintain all Specified Duties of Employer as stated in the Canada Labour Code, Part 2 (Occupational Health and Safety).

  • Retailers require an element of trade from the wider community for them to remain commercially viable outside of term-time.

  • In consideration of this, the Company will maintain all Specified Duties of Employer as stated in the Canada Labour Code, Part (Occupational Health and Safety).

  • This evaluation is based on the faculty member's performance in the areas of Teaching, Research and/or Creative Activity, Service, and Other Specified Duties.

  • The Compliance Officer (CO) has undertaken monitoring during the Period to assess the effectiveness of practices, procedures and systems adopted to secure compliance with the Specified Duties.

  • Fourth Criterion: Whether Nature of the Specified Duties is So Specialized and Complex that Knowledge Required to Perform the Duties is Usually Associated with the Attainment of [**15] a Bachelor's Degree or a Higher Degree The AAO found that the record fails to establish that the specific duties of the position are so specialized and complex that the knowledge required to perform them is usually associated with a bachelor's degree.

  • As part of this process, Licence Advisers in System Operation, Electricity Transmission Owner, Capital Delivery, Shared Services Finance, IS, Regulation, Procurement, NG Ventures, Corporate Affairs and Tax and Treasury were asked to complete a business separation framework document based on targeted questions and describing the controls, frameworks and processes in place within their business areas to secure compliance with the Specified Duties.

  • The CO has undertaken monitoring during the period to assess the effectiveness of the practices, procedures and systems to ensure that NGET remains compliant with the 2O Specified Duties.

  • All members of Alexander Chief and Council shall comply with a Code of Conduct as hereinafter prescribed so as to fulfill the Specified Duties and all other obligations and responsibilities generally according to the ethical standards applicable to an office holder entrusted by Members to act for the benefit of the Alexander First Nation as a whole.

  • The stress calculations assume the helical cable ele-ments to follow a linear stress vs.

Related to Specified Duties

  • Payment Duties The meaning specified in Section 7.2(b)(vii).

  • Change in Duties means any one or more of the following:

  • Segregation of Duties means the assignment of different people in the responsibility of authorising transactions, recording transactions and maintaining custody of assets with the intention of reducing the opportunities to allow any person to be in a position to both perpetrate and conceal fraud or error due to fraud in the normal course of their duties.

  • Termination of Services means Participant’s Termination of Consultancy, Termination of Directorship or Termination of Employment, as applicable.

  • Taxes and Duties means all taxes, duties, fees etc. payable as per applicable laws in India in connection with the development, operation and management of the Project;

  • Specified US Person means a U.S. Person, other than: (i) a corporation the stock of which is regularly traded on one or more established securities markets; (ii) any corporation that is a member of the same expanded affiliated group, as defined in section 1471(e)(2) of the U.S. Internal Revenue Code, as a corporation described in clause (i); (iii) the United States or any wholly owned agency or instrumentality thereof; (iv) any State of the United States, any U.S. Territory, any political subdivision of any of the foregoing, or any wholly owned agency or instrumentality of any one or more of the foregoing; (v) any organization exempt from taxation under section 501(a) of the U.S. Internal Revenue Code or an individual retirement plan as defined in section 7701(a)(37) of the U.S. Internal Revenue Code; (vi) any bank as defined in section 581 of the U.S. Internal Revenue Code; (vii) any real estate investment trust as defined in section 856 of the U.S. Internal Revenue Code;

  • Specified Liabilities means Claims (as defined in the Indemnification Agreement).

  • Administrative Agreement means the agreement described in subsection 1.2 (1); (“accord d’application”)

  • Permitted Intercompany Activities means any transactions between or among the Borrower and its Restricted Subsidiaries that are entered into in the ordinary course of business of the Borrower and its Restricted Subsidiaries and, in the good faith judgment of the Borrower are necessary or advisable in connection with the ownership or operation of the business of the Borrower and its Restricted Subsidiaries, including, but not limited to, (i) payroll, cash management, purchasing, insurance and hedging arrangements and (ii) management, technology and licensing arrangements.

  • Specified Agreement is defined in Section 8.1(e) of the Agreement.

  • Excluded Perfection Assets means, collectively:

  • export duties means Customs duties and other charges having an effect equivalent to customs duties payable on the exportation of goods;

  • Specified Acquisition Agreement Representations means such of the representations and warranties in the Acquisition Agreement made by the Acquired Company with respect to the Acquired Company and its subsidiaries as are material to the interests of the Lenders, but only to the extent that the Borrower (and/or its applicable Affiliate) has the right to terminate its and/or such Affiliate’s obligations under the Acquisition Agreement as a result of a breach of such representations in the Acquisition Agreement.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Specified Representations means the representations and warranties of the Borrower and set forth in Sections 5.01(a) (solely as it relates to the Loan Parties), 5.01(b)(ii), 5.02 (other than 5.02(b)), 5.04, 5.12, 5.15, 5.16 (subject to the proviso to Section 4.01(a)(iv)) and 5.20 (limited to the use of proceeds of the Loans on the Closing Date).

  • Specified Action has the meaning set forth in Section 3.4.2.

  • Specified Assets the following property and assets of such Grantor:

  • Permitted Receivables Related Assets means any other assets that are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving receivables similar to Receivables and any collections or proceeds of any of the foregoing.

  • Service Transfer Date means the date of a Service Transfer;

  • Event of Servicing Termination means an event specified in Section 8.1 of the Sale and Servicing Agreement.