Acceptable Terms definition

Acceptable Terms shall have the meaning set forth in Section 10.5.

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Acceptable Terms shall have the meaning set forth in the Merger Agreement.

Acceptable Terms means: (i) underwritten by one or more nationally recognized insurance companies, each with a rating of at least A- by A.M. Best or the equivalent rating by Standard & Poor’s, (ii) naming SRA (or any successor thereto) as the beneficiary of such policy, (iii) insuring SRA (or any successor thereto) against losses with respect to the Worthless Stock Loss Issue, (iv) with a policy limit (subject to any applicable retention) of not less than the Coverage Amount, (v) with a Total Policy Cost borne by SRA (or any successor thereto) (not including any amounts funded by any SRA Stockholder) less than or equal to $15,000,000 and (vi) that survives for the statute of limitations of the Worthless Stock Loss Issue as such statute of limitations may be waived or extended.

Examples of Acceptable Terms in a sentence

• Subject to the requirement to maximize the aggregate cash purchase price to the Company in accordance with the preceding terms of this Section 10.5, the Company shall not reject (and the Members are hereby conclusively deemed to have approved) any offer to purchase the Project for 103% of the Specified Valuation Amount if such offer is otherwise on Acceptable Terms.

• The Performance Assurance Plan (“PAP”) as approved by the Commission and the Performance Indicator Definitions (“PIDs”) included as Exhibit B to the Commission approved Statement of Generally Acceptable Terms and Conditions (“SGAT”) are hereby incorporated into this Amendment as Attachments 1 and 2, respectively.

• In the event of extension of the Regency Grand Closing, the Purchasers shall continue to use good faith, commercially reasonable efforts to obtain the consent of the Assignable Debt Lenders to assignment of the Assignable Debt to the Purchasers on Acceptable Terms.

• As you will be held responsible for the actions of your clients in the matter described on these Terms and conditions, it is in your best interest to implement a similar or stricter Terms and conditions or otherwise called Acceptable Terms of use policy.

• If the Assignable Debt Lenders accept such Cure Terms, the Purchasers shall assume the Assignable Debt subject to the Cure Terms provided (i) all consents required from the applicable Assignable Debt Lenders have been obtained prior to the Closing Date pursuant to the Acceptable Terms (as modified by the Cure Terms) and (ii) in the Purchasers’ sole discretion, the Cure Terms do not adversely impact the rights and/or obligations of the Purchasers and/or any guarantor with respect to such Assignable Debt.

More Definitions of Acceptable Terms

Acceptable Terms has the meaning set forth in Section 5.03(e)(i).

Acceptable Terms means terms no less favorable to Fountain and the Fountain Subs (including Patriot and its Subsidiaries) than those set forth in Section 5.03(e)(i) of the Patriot Disclosure Letter; provided, that Patriot may, in its sole discretion, elect to accept any less favorable terms but it shall be under no obligation to do so.

Acceptable Terms has the meaning set forth in Section 8(a).

Acceptable Terms means a Qualified Local Financing that:

Acceptable Terms is defined in Section 6.01(d).

Acceptable Terms means (i) for purposes of Section 7.02(d), refinancing (or amendment) of indebtedness of the Partnership existing on the date of this Agreement on substantially the terms set forth in the Commitment Letter or on other terms which in the aggregate are not materially less favorable than the Commitment Letter and (ii) for purposes of Section 7.02(e), refinancing (or amendment) of indebtedness of the Buyer existing on the date of this Agreement on terms which the Buyer determines in good faith are acceptable to the Buyer.

Acceptable Terms. (A) the relevant interest is not granted in consideration of a premium or other capital payment; and (B) any rent licence fee or other periodic payment which is reserved by the proposed arrangement is: 1) payable by equal instalments (but so that any periodic payment of a turnover nature payable on account by equal instalments over an accounting period of not longer than twelve months by reference to which it is calculated (subject to a periodic reconciliation) shall be deemed to be payable by equal instalments for the purposes of this clause 5.2); and 2) not payable less frequently than annually throughout the term granted by the relevant interest; 14 [Redacted] 15 References to be checked