Bid Condition definition

Bid Condition has the meaning specified in Annex C.
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Bid Condition has the meaning specified in Annex C. “Borrower” has the meaning specified in the introductory paragraph hereto. “Borrower Certification” means with respect to any request for a Loan or any release of funds or substitution of assets with respect to the Collateral Account, a certification of the Investment Adviser on behalf of the Borrower stating that after giving effect to such Loan, release of funds or substitution: (A) (i) no Borrowing Base Deficiency will exist, and (ii) no Default would occur or be continuing, in each case based on the most recent Borrowing Base determination; and (B) in the case of any Loan, the proceeds of such Loan will be used solely for Permitted Uses and, in the case that such proceeds will be used to purchase a Collateral Asset, no Borrowing Base Deficiency would exist after giving effect to such purchase on a pro forma basis. “Borrower Materials” has the meaning specified in Section 6.02. “Borrower Parent” means Barings BDC Finance I, LLC. “Borrowing” means a Committed Borrowing. “Borrowing Base” has the meaning specified in Annex C. “Borrowing Base Deficiency” has the meaning specified in Annex C. 3
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Examples of Bid Condition in a sentence

  • Subject to the Corporations Act, the Bidder may declare the Takeover Bid to be free from any Bid Condition or extend the Takeover Bid at any time.

  • Subject to the Corporations Act and clause 3.3, Bidder may at any time (but is not obliged to) declare the Takeover Bid to be free from any Bid Condition, or declare the Takeover Bid Unconditional, on such terms (if any) as it may determine.

  • If Mitr Phol, acting reasonably, is not satisfied with the outcome of the Due Diligence Enquiries, it may (but is not obligated to) provide notice of non- satisfaction of the Bid Condition to MSF on or before 12.00pm on 21 November 2011.

  • If such notice is not provided to MSF by that time, the Bid Condition will be deemed to have been satisfied.

  • The Bid Condition is for the sole benefit of Mitr Phol and Mitr Phol may waive the Bid Condition in its discretion.

  • To avoid doubt, nothing requires any party to use its reasonable endeavours to procure that the Bid Condition in paragraph (g) of Schedule 7 is satisfied (or to seek to prevent occurrences that would result in that Condition not being satisfied).

  • Mitr Phol may waive the Bid Condition by giving MSF written notice of such waiver any time prior to 12.00pm on 21 November 2011.

  • To avoid doubt, neither party may terminate this deed pursuant to this clause 3.5(b) if either the Scheme or the Takeover Bid remains able to proceed (or if the sole reason why the Takeover Bid is unable to proceed is a failure to satisfy the Bid Condition in paragraph (f) of Schedule 7, in which case clause 5.8 shall apply).