Advance Conditions Met Sample Clauses

Advance Conditions Met. In the event that the Participation A-1 Holder or, if the Participation A-1 Holder is not a Future Funding Lender, the Future Funding Lenders have determined (x) that all conditions under the terms of the Loan Agreement for a Future Funding Advance under the Future Funding Obligations have been met by the Mortgage Loan Borrower or (y) to make a Protective Advance, then the Future Funding Lender shall be required to fund such Future Funding Advance or Protective Advance in accordance with the terms of the Loan Agreement and this Agreement and shall not require the consent of the Participation IO A-1 Holder, the Participation IO A-2 Holder or any other Holder that is not a Future Funding Lender to fund such Future Funding Advance or Protective Advance. The procedures for funding any such Future Funding Advance are as follows:
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Advance Conditions Met. (i) In the event that all conditions under the respective Section 2.8 of the First Mezzanine Loan Agreement, or the Second Mezzanine Loan Agreement (as the case may be) or Section 2.9 of the Building Loan Agreement (the “Future Funding Loan Agreement”) for an Advance (as defined in same) have been met by Borrower, First Mezzanine Borrower, or Second Mezzanine Borrower (as applicable) (the “Future Funding Borrower”) then the Future Funding Lender shall be required to fund such Advance in accordance with the terms of the Future Funding Loan Agreement and shall not require the consent of the Senior Lender or Junior Lenders (as applicable) to lend such future advance.
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Related to Advance Conditions Met

  • Performance Conditions The Shares shall be issuable only if (and to the extent) that the Performance Criteria, set forth herein, are satisfied during the Performance Period. The Controller of the Company and the Compensation Committee of the Board of Directors of the Company shall certify whether, and to what extent, the Performance Criteria have been achieved. If the minimum performance is not met, no Shares shall be issued and the Award shall be forfeited.

  • Conditions for Advance and Conditions to Closing Section 7.1

  • Performance Condition Notwithstanding the vesting schedule stated in the Award Notification, your Restricted Stock Units shall not vest unless the Company achieves positive Adjusted Net Earnings in any fiscal year during the term of the Award. “Adjusted Net Earnings” means net earnings determined in accordance with GAAP as publicly reported by the Company for a fiscal year, adjusted to eliminate the following: (1) the cumulative effect of changes in GAAP; (2) gains and losses from discontinued operations; (3) extraordinary gains or losses; and (4) any other unusual or nonrecurring gains or losses which are separately identified and quantified, including merger related charges. 

  • Payment Conditions The price of the whole accommodation service booked is always payable by the Guest in advance, at the latest upon arrival in the hotel. Set-off by the Guest is excluded unless the set- off relates to an undisputed or legally confirmed claim. Valid means of payment are cash in Euros, EC card, Master Card, Visa Card, Diners Card and American Express. For payment settlement we use the 3D Secure 2.0 system for secure and additional customer authorisation. For further information on data processing for payment transactions see xxxxx://xxx.xxxxx-xxx.xxx/en/data-privacy/.

  • 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.

  • Vendor’s Conditions The Vendor shall not be obligated to complete the Transaction unless, at or before the Closing Time, each of the conditions listed below in this section has been satisfied, it being understood that the said conditions are included for the exclusive benefit of the Vendor:

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

  • Conditions to the Initial Loans No Lender shall be obligated to make any Loan or incur any Letter of Credit Obligations on the Closing Date, or to take, fulfill, or perform any other action hereunder, until the following conditions have been satisfied or provided for in a manner satisfactory to Agent, or waived in writing by Agent and Lenders:

  • ELIGIBILITY CONDITIONS The eligibility conditions specified in Adoption Agreement Section 2.01 are effective for Plan Years beginning after _______________________.

  • GUARANTEE CONDITIONS 5.1 All guaranteed performance data are based on the International Standard Atmosphere (ISA) and specified variations therefrom; altitudes are pressure altitudes.

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