Adverse Market Conditions definition

Adverse Market Conditions means the existence of market and/or economic conditions which make the construction of the Project and sale of condominium units economically disadvantageous to Developer in the good faith judgment of Developer (e.g., market and/or economic conditions that Developer expects will result in the sale of condominium units at a slower frequency of unit sales and/or at sales price points lower than originally projected by Developer at the time of Closing).
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Adverse Market Conditions. Notwithstanding the above, BullBear reserves its full right to close out all or any of the contracts and liquidate all or any positions under adverse market conditions without the Client’s consent in order to avoid substantial impairment to the interest of the Client. The Client agrees to deposit by immediate wire transfer such an additional margin when and as required by XxxxXxxx and will promptly meet all margin calls in such mode of transmission as BullBear in its sole discretion designates.
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Adverse Market Conditions conditions of the market for recovered or recycled materials or products in which on reasonable grounds the Operator of the Scheme considers it uneconomic or impractical to acquire such materials or products in connection with the performance of the Member’s Recovery and Recycling Obligations as are not already within the ownership and control of the Operator of the Scheme “Agency” Northern Ireland Environment Agency or successor body from time to time.
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Examples of Adverse Market Conditions in a sentence

  • In the event of the presence of Adverse Market Conditions, Bosa shall be excused from fulfilling the covenants set forth in Section 23(a) for so long as the Adverse Market Conditions persist, up to a maximum period of twelve (12) months.


More Definitions of Adverse Market Conditions

Adverse Market Conditions means that credit conditions are sufficiently adverse that Bosa would be unable to secure conventional construction financing for the Project in an amount equal to or greater than seventy percent (70%) of the cost of construction, at interest rates that do not exceed the then London Interbank Offer Rate (LIBOR) plus five percent (5%) per annum, and on other terms that are commercially reasonable.
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Adverse Market Conditions means such economic conditions as shall have been determined by the Director, with the advice of the Federal Reserve Bank of Cleveland, including but not limited to the following consideration: (a) two (2) consecutive quarters of decline in the Federal Reserve Bank of Cleveland’s Ohio Manufacturing Index, whether as a whole or by relevant manufacturing section; (b) at least twelve (12) of thirty-six (36) months of decline in the Federal Reserve Bank of Cleveland’s National Industrial Index, whether as a whole, or by relevant manufacturing sector; or (c ) decline within the relevant manufacturing sector, as announced by Standard and Poor’s Industrial Outlook. Ohio 166 - Loan Agreement Exhibit 10.58 10/5/2011
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Related to Adverse Market Conditions

  • Abnormal Market Conditions means conditions contrary to Normal Markets Conditions e.g. when there is low liquidity in the market or rapid price movements in the market or Price Gaps.

  • Product Conditions means these product terms and conditions. These Product Conditions apply to each series of cash settled Warrants over single equities;

  • Normal Operating Conditions means those Service conditions which are within the control of Grantee. Those conditions which are not within the control of Grantee include, but are not limited to, natural disasters, civil disturbances, power outages, telephone network outages, and severe or unusual weather conditions. Those conditions which are ordinarily within the control of Grantee include, but are not limited to, special promotions, pay-per-view events, rate increases, regular peak or seasonal demand periods, and maintenance or upgrade of the Cable System.

  • Funding Conditions With respect to any proposed Funding Date, the following conditions:

  • Equity Conditions means, during the period in question, (a) the Corporation shall have duly honored all conversions scheduled to occur or occurring by virtue of one or more Notices of Conversion of the applicable Holder on or prior to the dates so requested or required, if any, (b) the Corporation shall have paid all liquidated damages and other amounts owing to the applicable Holder in respect of the Preferred Stock, (c)(i) there is an effective registration statement pursuant to which either (A) the Corporation may issue Conversion Shares or (B) the Holders are permitted to utilize the prospectus thereunder to resell all of the shares of Common Stock issuable pursuant to the Transaction Documents (and the Corporation believes, in good faith, that such effectiveness will continue uninterrupted for the foreseeable future) or (ii) all of the Conversion Shares may be issued to the Holder pursuant to Section 3(a)(9) of the Securities Act and immediately resold without restriction, (d) the Common Stock is trading on a Trading Market and all of the shares issuable pursuant to the Transaction Documents are listed or quoted for trading on such Trading Market (and the Corporation believes, in good faith, that trading of the Common Stock on a Trading Market will continue uninterrupted for the foreseeable future), (e) there is a sufficient number of authorized, but unissued and otherwise unreserved, shares of Common Stock for the issuance of all of the shares then issuable pursuant to the Transaction Documents, (f) the issuance of the shares in question to the applicable Holder would not violate the limitations set forth in Section 6(d) herein and (g) the applicable Holder is not in possession of any information provided by the Corporation, any of its Subsidiaries, or any of their officers, directors, employees, agents or Affiliates, that constitutes, or may constitute, material non-public information.

  • Regulatory Capital Requirements means any applicable capital resources requirement or applicable overall financial adequacy rule required by the Relevant Regulator, as such requirements or rule are in force from time to time;

  • VWAP Market Disruption Event means, with respect to any date, (A) the failure by the principal U.S. national or regional securities exchange on which the Common Stock is then listed, or, if the Common Stock is not then listed on a U.S. national or regional securities exchange, the principal other market on which the Common Stock is then traded, to open for trading during its regular trading session on such date; or (B) the occurrence or existence, for more than one half hour period in the aggregate, of any suspension or limitation imposed on trading (by reason of movements in price exceeding limits permitted by the relevant exchange or otherwise) in the Common Stock or in any options contracts or futures contracts relating to the Common Stock, and such suspension or limitation occurs or exists at any time before 1:00 p.m., New York City time, on such date.

  • Eligible Market means The New York Stock Exchange, the NYSE Amex, the Nasdaq Global Select Market, the Nasdaq Global Market, the Nasdaq Capital Market or the Principal Market.

  • Specific Conditions means the conditions in addition or in variation to the general conditions which the Commission may lay down specifically for a distribution licensee;

  • Trading Price Condition shall have the meaning specified in Section 14.01(b)(i).

  • Trading Disruption means any suspension of or limitation imposed on trading by the Exchange or Related Exchange or otherwise and whether by reason of movements in price exceeding limits permitted by the Exchange or Related Exchange or otherwise (i) relating to the Share on the Exchange or (ii) in futures or options contracts relating to the Share on any Related Exchange.

  • Environmental and Social Management Framework or “ESMF” means the framework, dated October 2004, agreed with the Association for the environmental and social screening process to be followed in identifying, assessing, and mitigating the potential adverse environmental and social impact associated with activities to be implemented under the Project;

  • Normal Market Size for CFD trading shall mean the maximum number of units of the Underlying Asset that are transmitted by the Company for execution.

  • Payment Conditions means, at the time of determination with respect to any specified transaction or payment the following:

  • Serious health condition means an illness, injury, impairment, or physical or mental condition that involves: