Economic Hardship definition

Economic Hardship means an economic hardship as determined based on criteria established by senior management of the Company and approved by the human resources committee of the Board with the input of senior management of the Company.

Economic Hardship means a situation where the land- owner or land operator of an eligible site as identified in the water- shed plan has a debt−to−asset ratio of more than 60% and verifies this to the appropriate responsible governmental unit and the department with a signed statement from an accredited financial institution or a certified public accountant.

Economic Hardship means the inability to pay living or

Examples of Economic Hardship in a sentence

• A Management Stockholder shall exercise its Termination Put Request pursuant to Section 5(b) or its Economic Hardship Put Request pursuant to Section 5(c), as applicable, by delivering to the Company a written notice (the “Put Notice”) specifying the number of Company Shares to be purchased.

• For purposes of this Agreement, Seller’s Economic Hardship is the condition where Seller shuts down the unit at Seller’s Facility at which Product is produced because Seller is incurring a loss on a variable cost basis on the sale of Product hereunder.

• In the event of Economic Hardship, as defined above, the parties shall negotiate in good faith a new price for Creosote purchased hereunder, to be in effect for such period of time as the parties may agree.

• Such notice shall be accompanied by a certificate of the Chief Financial Officer of Seller attesting to the Seller’s Economic Hardship.

• Shipper shall have the option to cancel the remaining term of this Contract, if and only if Shipper encounters Economic Hardship as defined herein, upon giving written notice of its intent to do so (as provided below) and payment of the buyout option payment provided below (“Buyout Payment”).

More Definitions of Economic Hardship

Economic Hardship means. I thought the

Economic Hardship means economic conditions of the market that materially and adversely affect actual or planned Operations. Example 2

Economic Hardship means that you are unable to pay your basic living expenses, e.g. food, clothing, housing, utilities, medical expenses (including health insurance), transportation, child care, child support, etc

Economic Hardship means a finding under the authority of this chapter that a person does not have sufficient assets, credit, or other means to pay for an emissions-related repair required by this chapter;

Economic Hardship means the inability to pay living or business expenses.

Economic Hardship means, at any time or from time to time during the Term, Customer’s annual Net Revenues earned from the Data Centre are, or are reasonably anticipated to be, less than per calendar year for the next three years (or the remaining amount of the Term if such remaining period is less than three years).

Economic Hardship means the inability of an owner to obtain a reasonable return or a reasonable beneficial use from a resource.