Admission Conditions Sample Clauses

Admission Conditions. 1.3.1 The Admission Conditions required to be fulfilled by an Applicant prior to it being admitted as a Supplier are:- 1.3.1.1 the due completion and the delivery to Scottish Settlements of an Admission Application in the form set out in Schedule 4, Chapter 5; and 1.3.1.2 either:- (i) it holding (and not having received any notice of intention to revoke from the Director) or having made an application for a Second Tier Supply Licence and that application not having been rejected; or (ii) it being exempt from the requirement to hold a Second Tier Supply Licence; and 1.3.1.3 the execution of any other agreement and document or the doing of such further acts as may be required under Clause 6.5. 1.3.2 The Admission Conditions required to be fulfilled by an Applicant prior to it being admitted as a Generator Party are:- 1.3.2.1 the due completion and the delivery to Scottish Settlements of an Admission Application in the form set out in Schedule 4, Chapter 6; and 1.3.2.2 either:- (i) it holding (and not having received any notice of intention to revoke from the Director) or having made an application for a Generation Licence and that application not having been rejected; or (ii) it being exempt from the requirement to hold a Generation Licence; or (iii) it holding (and not having received any notice of intention to revoke from the Director) or having made an application for a Second Tier Supply Licence and that application not having been rejected; or (iv) it being exempt from the requirement to hold a Second Tier Supply Licence; and 1.3.2.3 in respect of each Registrable Generation Site (other than Registrable Generation Sites registered to the Host Company) which, at the time of its admission in accordance with this Part, will require to be registered in respect of that Applicant in a Generation Registration Service before it can begin marketing the output from that Registrable Generation Site under this Agreement either:- (i) it having entered into or procured that the relevant Non Trading Generator has entered into Connection Agreement(s) with the appropriate Scottish Company or Companies; or (ii) it having provided documentary evidence from the relevant parties that bona fide negotiations to enter into such Connection Agreement(s) have been undertaken and specified matters remain to be resolved; and where appropriate either:- (iii) it having entered into or procured that the relevant Non Trading Generators have entered into Use of System Agreement(s) with ...
Sample 1
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Admission Conditions in respect of any Shares or Investments recorded on the relevant register of securities as being held in uncertificated form, the Chargor, upon request from the Administrative Agent, shall procure written confirmation from the issuer of such Shares or Investments addressed to the Administrative Agent that all necessary conditions applicable to the admission of such Shares or Investments to the relevant system have been fulfilled.
Sample 1

Related to Admission Conditions

  • Prior Conditions Satisfied All conditions set forth in §10 shall continue to be satisfied as of the date upon which any Loan is to be made or any Letter of Credit is to be issued.

  • Failure to Satisfy Conditions Precedent If any Lender makes available to the Administrative Agent funds for any Loan to be made by such Lender as provided in the foregoing provisions of this Article II, and such funds are not made available to the Borrower by the Administrative Agent because the conditions to the applicable Credit Extension set forth in Article IV are not satisfied or waived in accordance with the terms hereof, the Administrative Agent shall return such funds (in like funds as received from such Lender) to such Lender, without interest.

  • Waiver of conditions precedent The conditions specified in this clause 9 are inserted solely for the benefit of the Bank and may be waived by the Bank in whole or in part and with or without conditions.

  • Market Conditions Notwithstanding any provision of this Agreement to the contrary, settlement and payment for Foreign Assets received for the account of the Portfolios and delivery of Foreign Assets maintained for the account of the Portfolios may be effected in accordance with the customary established securities trading or processing practices and procedures in the country or market in which the transaction occurs, including, without limitation, delivering Foreign Assets to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) with the expectation of receiving later payment for such Foreign Assets from such purchaser or dealer. The Custodian shall provide to each Board the information with respect to custody and settlement practices in countries in which the Custodian employs a Foreign Sub-Custodian described on Schedule C hereto at the time or times set forth on such Schedule. The Custodian may revise Schedule C from time to time, provided that no such revision shall result in a Board being provided with substantively less information than had been previously provided hereunder.

  • Covenant to Satisfy Conditions Each party hereto agrees to use all reasonable efforts to insure that the conditions set forth in Article IV and Article V hereof are satisfied, insofar as such matters are within the control of such party.

  • Satisfaction of Conditions Precedent Each party will use commercially reasonable efforts to satisfy or cause to be satisfied all the conditions precedent that are applicable to them, and to cause the transactions contemplated by this Agreement to be consummated, and, without limiting the generality of the foregoing, to obtain all material consents and authorizations of third parties and to make filings with, and give all notices to, third parties that may be necessary or reasonably required on its part in order to effect the transactions contemplated hereby.

  • Limited Waiver of Conditions Precedent If Agent, Issuing Bank or Lenders fund any Loans, arrange for issuance of any Letters of Credit or grant any other accommodation when any conditions precedent are not satisfied (regardless of whether the lack of satisfaction was known or unknown at the time), it shall not operate as a waiver of (a) the right of Agent, Issuing Bank and Lenders to insist upon satisfaction of all conditions precedent with respect to any subsequent funding, issuance or grant; nor (b) any Default or Event of Default due to such failure of conditions or otherwise.

  • Release Conditions As used in this Agreement, "Release Conditions" shall mean the following:

  • Conditions Precedent/Effectiveness Conditions This Amendment shall be effective upon (the “Effective Date”) the satisfaction of each of the following conditions (all documents to be in form and substance reasonably satisfactory to Administrative Agent and Administrative Agent’s counsel):

  • Continuing Conditions The obligations of each Lender to make Advances (including the initial Advance) under this Agreement and the obligation of the Issuing Lender to issue any Letters of Credit shall be subject to the continuing conditions that:

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