Licensee Liability Rating Sample Clauses

Licensee Liability Rating. Purchaser is a registrant with the AER, and Purchaser's Licensee Liability Rating: (i) at the date this Agreement is executed, is greater than or equal to 1.0; (ii) as a result of the consummation of this Transaction, shall continue to be greater than or equal to 1.0; and (iii) at the time the AER considers approval of any Conveyance Documents that require its approval, shall be greater than or equal to 1.0.
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Licensee Liability Rating where Vendor is the licensee of the Xxxxx and a registrant with the AER, Vendor's Licensee Liability Rating: (i) at the date this Agreement is executed, is greater than or equal to 1.0; (ii) as a result of the consummation of this Transaction, shall continue to be greater than or equal to 1.0; and (iii) at the time the AER considers approval of any Conveyance Documents that require its approval, shall be greater than or equal to 1.0.
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Licensee Liability Rating. Seller's liability management rating as assessed by the AER under Directive 006 – Licensee Liability Rating (LLR) Program and Licence Transfer Process and related regulations shall, at Closing, be greater than or equal to 1.5.
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Licensee Liability Rating where Xxxxxxxx is the licensee of the Xxxxx and a registrant with the AER, Xxxxxxxx’x Licensee Liability Rating: (i) at the date this Agreement is executed, is greater than or equal to 1.0; (ii) as a result of the consummation of this Transaction, shall continue to be greater than or equal to 1.0; and (iii) at the time the AER considers approval of any Conveyance Documents that require its approval, shall be greater than or equal to 1.0.
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Licensee Liability Rating. It is a registrant with the EUB and its Licensee Liability Rating: (i) is greater than or equal to one (1); (ii) shall, as a result of the consummation of the Transaction, be greater than or equal to one (1); and (iii) shall be greater than or equal to one (1) at the time the EUB considers approval of any EUB License Transfers pursuant to this Agreement; and
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Licensee Liability Rating. Purchaser has not been assessed a Licence Management Rating and, prior to completion of the Transaction, Purchaser will not have acquired or agreed to acquire any oil and gas assets in Alberta, except the Assets;
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Licensee Liability Rating. Vendor’s AB LLR and BC LLR currently, and shall as a result of the Transaction continue to be, greater than or equal to 1.0;
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Related to Licensee Liability Rating

  • Industry Ratings The City will only accept coverage from an insurance carrier who offers proof that it: a. Is authorized to do business in the State of Kansas; b. Carries a Best's policyholder rating of A- or better; and c. Carries at least a Class VIII financial rating; or d. Is a company mutually agreed upon by the City and Consulting Engineer/Architect.

  • Maintenance of Ratings At all times, Borrower shall use commercially reasonable efforts to maintain (x) a corporate family rating issued by Xxxxx’x and a corporate credit rating issued by S&P and (y) public ratings issued by Xxxxx’x and S&P with respect to its senior secured debt.

  • Maintenance of Rating Since the execution of this Agreement, there shall not have been any decrease in or withdrawal of the rating of any securities of the Company or any of its subsidiaries (including the Bank) by any “nationally recognized statistical rating organization” (as defined for purposes of Section 3(a)(62) of the 0000 Xxx) or any notice given of any intended or potential decrease in or withdrawal of any such rating or of a possible change in any such rating that does not indicate the direction of the possible change.

  • Insurance Carrier Rating Coverages provided by Contractor must be underwritten by an insurance company deemed acceptable to the State of Washington’s Office of Risk Management. Insurance coverage shall be provided by companies authorized to do business within the State of Washington and rated A- Class VII or better in the most recently published edition of Best’s Insurance Rating. Enterprise Services reserves the right to reject all or any insurance carrier(s) with an unacceptable financial rating.

  • PRIORITY RATING If so identified, this Contract is a "rated order" certified for national defense, emergency preparedness, and energy program use, and SELLER shall follow all the requirements of the Defense Priorities and Allocation System Regulation (15 C.F.R. Part 700).

  • Debt Rating The Liquidity Provider has a short-term debt ratings of “P-1” from Xxxxx’x and “F1+” from Fitch.

  • Total Liability WAVIN’S TOTAL LIABILITY UNDER OR IN CONNECTION WITH THE AGREEMENT FOR CLAIMS OF ANY KIND (INCLUDING THIRD PARTY CLAIMS) WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE ARISING OUT OF THE PERFORMANCE/NON-PERFORMANCE OR BREACH OF THE AGREEMENT, INCLUDING ANY OTHER COMPENSATION UNDER THE AGREEMENT, OR THE PROVISION OF ANY PRODUCTS OR SERVICES SHALL NOT EXCEED THE AMOUNT PAID OR PAYABLE FOR THE SPECIFIC PRODUCT OR SERVICE THAT GIVES RISE TO THE CLAIM.

  • Failure to Maintain Financial Viability The System Agency may terminate the Grant Agreement if the System Agency, in its sole discretion, determines that Grantee no longer maintains the financial viability required to complete the services and deliverables, or otherwise fully perform its responsibilities under the Grant Agreement.

  • Debt Ratings Prompt notice of any change in its Debt Ratings.

  • Cooperation with Rating Agencies If the ratings assigned to the Offered Notes by the Rating Agencies are conditional on the delivering of documents or the taking of any other actions by the Depositor, the Depositor will deliver those documents and take those actions.

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