an Other VET Sample Clauses

an Other VET. Funding Arrangement Termination Event occurs to another registered training organisation that is a member of the Training Provider Group; the Training Provider is abolished under section 3.1.11(1)(b) of the Act; the Board/Council of the Training Provider is abolished under section 3.1.12(1)(c) of the Act; and/or an administrator is appointed to the Training Provider under section 3.1.21 of the Act.
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an Other VET. Funding Arrangement Termination Event occurs in relation to you, or any other registered training organisation that is a member of the Training Provider Group. You must immediately notify us via the SVTS of any significant changes to your ownership, CEO or operations including: your financial viability; ceasing to maintain a principal place of business in the State of Victoria; ceasing to maintain a commercial property in the State of Victoria from which you deliver training; and any intention or decision to cease operations as a registered training organisation in the State of Victoria. You must promptly notify us via the SVTS if, at any time, any event occurs that may be covered by Clause 17.4(f) or any of Clauses 17.4(i) to 17.4(k).
Sample 1
an Other VET. Funding Arrangement Termination Event occurs in relation to you, or any other registered training organisation that is a member of the Training Provider Group. You must immediately notify us via the SVTS of any significant changes to your ownership, CEO or operations including: your financial viability; ceasing to maintain a principal place of business in the State of Victoria; ceasing to maintain a commercial property in the State of Victoria from which you deliver training; and any intention or decision to cease operations as a registered training organisation in the State of Victoria.
Sample 1
an Other VET. Funding Arrangement Termination Event occurs in relation to you, or any other registered training organisation that is a member of the Training Provider Group. You must immediately notify us via the SVTS of any significant changes to your ownership, CEO or operations (including your financial viability, ceasing to maintain a principal place of business in the State of Victoria, and any intention or decision to cease operations as a registered training organisation in Victoria). You must promptly notify us via the SVTS if, at any time, any event occurs that may be covered by Clause 17.4(f) or Clause 17.4(i). You must promptly notify us via the SVTS if your Pre- Assessment Certificate lapses or is revoked.
Sample 1
an Other VET. Funding Arrangement Termination Event occurs in relation to you, or any other registered training organisation that is a member of the Training Provider Group. You must immediately notify us via the SVTS of any significant changes to your ownership, CEO or operations (including your financial viability, ceasing to maintain a principal place of business in the State of Victoria, and any intention or decision to cease operations as a registered training organisation in Victoria). You must promptly notify us via the SVTS if, at any time, any event occurs that may be covered by Clause 17.4(f) or any of Clauses 17.4(i) to 17.4(k).
Sample 1
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Related to an Other VET

  • Default in Other Agreements (i) Failure by Holdings, the Borrower or any of its Restricted Subsidiaries to pay when due any principal of or interest on or any other amount payable in respect of one or more items of Indebtedness (other than Indebtedness referred to in clause (a) above) with an aggregate outstanding principal amount exceeding the Threshold Amount, in each case beyond the grace period, if any, provided therefor; or (ii) breach or default by Holdings, the Borrower or any of its Restricted Subsidiaries with respect to any other term of (A) one or more items of Indebtedness with an aggregate outstanding principal amount exceeding the Threshold Amount or (B) any loan agreement, mortgage, indenture or other agreement relating to such item(s) of Indebtedness (other than, for the avoidance of doubt, with respect to Indebtedness consisting of Hedging Obligations, termination events or equivalent events pursuant to the terms of the relevant Hedge Agreement which are not the result of any default thereunder by any Loan Party or any Restricted Subsidiary), in each case beyond the grace period, if any, provided therefor, if the effect of such breach or default is to cause, or to permit the holder or holders of such Indebtedness (or a trustee or agent on behalf of such holder or holders) to cause, such Indebtedness to become or be declared due and payable (or redeemable) prior to its stated maturity or the stated maturity of any underlying obligation, as the case may be; provided that clause (ii) of this paragraph (b) shall not apply to secured Indebtedness that becomes due as a result of the voluntary sale or transfer of the property securing such Indebtedness if such sale or transfer is permitted hereunder; provided, further, that any failure described under clauses (i) or (ii) above is unremedied and is not waived by the holders of such Indebtedness prior to any termination of the Commitments or acceleration of the Loans pursuant to this Article VII; or

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