Conditions Precedent Satisfaction Date definition

Conditions Precedent Satisfaction Date means the earlier of the earliest date on which all conditions precedent to the effectiveness of any franchise agreement entered into pursuant to the Franchise Letting Process have been either satisfied or unconditionally waived and the date on which the Secretary of State issues a certificate specifying the date on which the operation of passenger rail services pursuant to such franchise agreement is to commence;
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Conditions Precedent Satisfaction Date means the first date on which all of the Conditions Precedent have been satisfied in full (or waived by the SMM Subsidiary);
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Conditions Precedent Satisfaction Date means the date described as such and specified in the Schedule;
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Examples of Conditions Precedent Satisfaction Date in a sentence

  • If any of the Conditions Precedent fail to occur by the Conditions Precedent Satisfaction Date (subject to force majeure as set forth in Subsection 12.3 below), the Targeted Delivery Date shall be extended one business day for each business day of delay in the occurrence of all the Conditions Precedent.

  • All plans and reports which constitute any part of the Information Package shall be produced and delivered to the Facility Agent in the form and with the level of content which has been agreed between the Borrower and the Facility Agent prior to the Conditions Precedent Satisfaction Date.

  • If the conditions precedent set out in clause 2.1 has not been satisfied or waived by the Conditions Precedent Satisfaction Date (or such later date as the Parties may agree in writing), either Party may, by giving not less than 7 Days' Notice to the other Party, terminate this Agreement and the provisions of clause 31.6 apply.

  • Sections 4, 5, 7 and 8 of this Agreement shall come into force and effect concurrently with Section 2 of this Agreement coming into effect upon the satisfaction and fulfillment (or waiver by the SMM Subsidiary) of each of the Conditions Precedent in accordance with Section 2(g) on the Conditions Precedent Satisfaction Date.

  • The fair value of investment properties, which has been determined based on valuations performed by independent professional qualified appraisers as of September 30, 2008, exceeds its carrying cost.

  • The condition precedent set out in clause 2.1is for the benefit of Service Provider, and Service Provider must act reasonably and prudently to satisfy that condition precedent by the Conditions Precedent Satisfaction Date.

  • Working in different time zones is not a big problem in the design phase because most of the team works in Europe.

  • Upon each Party having notified the other Parties with respect to the satisfaction of the Tranche 2 Conditions Precedent, the Tranche 2 Conditions Precedent Satisfaction Date will be deemed to have occurred.

  • On the Initial Conditions Precedent Satisfaction Date, Buyer shall be entitled to reimbursement, in an amount up to $250,000 in the aggregate, for all fees, costs and expenses relating to this Agreement and the transactions contemplated herein, including without limitation, legal fees incurred after June 30, 2010, due diligence fees, costs and expenses and costs and expenses relating to the IURC approval process.

  • The ESS Provider must satisfy the following Conditions Precedent by the Conditions Precedent Satisfaction Date: [The ESS Provider must be registered as a ‘registered controller’ under Subchapter 4.1 of the PNR.] [Note: Can be deleted if the ESS Provider is already a registered controller at the time of entry into the contract.] [any others?] The ESS Provider must promptly provide written notice to the ISO upon satisfaction of each Condition Precedent.


More Definitions of Conditions Precedent Satisfaction Date

Conditions Precedent Satisfaction Date means the date upon which the Facility Agent gives written confirmation to the Borrower that it has received (or waived the requirement to receive, in whole or in part) all of the documents and/or evidence set out in schedule 2 (Conditions Precedent) of the 2010 Amendment and Restatement Agreement and in each case in the form and substance satisfactory to the Facility Agent;
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Conditions Precedent Satisfaction Date means the date on which the conditions specified in Sections 4.01 and 4.02 have been satisfied (or waived in accordance with Section 10.01). For the avoidance of doubt, the Conditions Precedent Satisfaction Date may occur on or after the Effective Date.
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Conditions Precedent Satisfaction Date as defined in Section 3.1 of the Agreement is hereby extended from October 1, 2023, to December 1, 2023. Without limiting the foregoing provision, all references in the Agreement to “October 1, 2023,” as the “Conditions Precedent Satisfaction Date” are hereby amended to read “December 1, 2023”.
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Conditions Precedent Satisfaction Date means the date specified in Item 9 of Annexure Part A or any other date agreed in writing by the parties.
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Conditions Precedent Satisfaction Date means the date the last Conditions Precedent under clause 3.1 is satisfied or waived.
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Conditions Precedent Satisfaction Date means [insert date]. Confidential Information has the meaning given in clause 35.1.
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Related to Conditions Precedent Satisfaction Date

  • Conditions Precedent shall have the meaning set forth in Clause 4.2.

  • Condition Satisfaction Date shall have the meaning set forth in Section 7.2.

  • Satisfaction Date has the meaning set forth in Section 2.6.

  • Review Satisfaction Date means, with respect to any Asset Review, the first date on which (a) the Delinquency Percentage for any Payment Date exceeds the Delinquency Trigger and (b) a Noteholder Direction with respect to such Asset Review has occurred.

  • Step Down Conditions As of any Distribution Date on which any decrease in any Senior Prepayment Percentage may apply, (i) the outstanding Principal Balance of all Mortgage Loans 60 days or more Delinquent (including Mortgage Loans in REO and foreclosure), averaged over the preceding six month period, as a percentage of the aggregate of the Class Certificate Principal Balances of the Classes of Subordinate Certificates on such Distribution Date, does not equal or exceed 50% and (ii) cumulative Realized Losses with respect to all of the Mortgage Loans do not exceed: · for any Distribution Date on or after the seventh anniversary until the eighth anniversary of the first Distribution Date, 30% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the eighth anniversary until the ninth anniversary of the first Distribution Date, 35% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the ninth anniversary until the tenth anniversary of the first Distribution Date, 40% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the tenth anniversary until the eleventh anniversary of the first Distribution Date, 45% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, and · for any Distribution Date on or after the eleventh anniversary of the first Distribution Date, 50% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date.

  • Closing Conditions shall include, but are not limited to, SI Securities determining in its sole discretion that at the time of a closing, the Minimum Offering has been met, the investment remains suitable for investors, investors have successfully passed ID, KYC, AML, OFAC, and suitability screening, and that Issuer has completed all actions required by it as communicated by SI Securities at the time of a closing.

  • Termination Conditions means, collectively, (a) the payment in full in cash of the Obligations (other than (i) contingent indemnification obligations not then due and (ii) Obligations under Secured Hedge Agreements and Secured Cash Management Agreements) and (b) the termination of the Commitments and the termination or expiration of all Letters of Credit under this Agreement (unless the Outstanding Amount of the L/C Obligations related thereto has been Cash Collateralized on terms reasonably acceptable to the applicable Issuing Bank, backstopped by a letter of credit reasonably satisfactory to the applicable Issuing Bank or deemed reissued under another agreement reasonably acceptable to the applicable Issuing Bank).

  • Mortgage Conditions means the mortgage conditions booklet reference MORT 0154 MAY 13 HF;

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

  • Release Conditions mean the following conditions: (i) Company has received the Executive’s executed Release and (ii) any rescission period applicable to the Executive’s executed Release has expired.

  • Payment Conditions means, at the time of determination with respect to a proposed payment to fund a Specified Transaction, that:

  • Satisfaction shall be a determination, in good faith, made by the Contractor and in accordance with commonly accepted industry standards. If the Contractor, Client, or other responsible party delays in making any payment to the Contractor, from which payment to Subcontractor is to be made, Contractor and its sureties shall have a reasonable time to make payment to Subcontractor. “Reasonable time” shall be determined in relation to relevant circumstances, but shall in no event be less time than required for Contractor, Contractor’s sureties, and Subcontractor to pursue a conclusion to their legal remedies against the Client or other responsible party to obtain payment, including, but not limited to, mechanics’ lien remedies.

  • Escrow Release Conditions means, collectively, the conditions set forth in Section 4.3.

  • Specified Conditions means, at any time of determination thereof, (a) no Incremental Term Loans in the form of an institutional term loan B facility have been issued and are outstanding pursuant to Section 2.20 of the Credit Agreement and (b) (i) the Company’s “corporate credit rating” from S&P (or such other term as S&P may from time to time use to describe the Company’s senior unsecured non-credit enhanced long term indebtedness, such rating, the “S&P Rating”) shall be at least BBB- (with a stable outlook) and the Company’s “corporate family rating” from Xxxxx’x (or such other term as Xxxxx’x may from time to time use to describe the Company’s senior unsecured non-credit enhanced long term indebtedness, such rating, the “Xxxxx’x Rating”) shall be at least Baa3 (with a stable outlook) or (ii) (x) the Company’s S&P Rating shall be at least BBB- (with a stable outlook) or the Company’s Xxxxx’x Rating shall be at least Baa3 (with a stable outlook) and (y) the Leverage Ratio is less than or equal to 2.50 to 1.00.

  • Special Conditions means Special Conditions of Contract, which override the General Conditions, also referred to as SCC.

  • Special Conditions of Contract means the pages completed by the Procuring Entity entitled Special Conditions of Contract which constitute Part A of the Special Conditions.

  • 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;

  • Licence Conditions means the licence terms and conditions contained in this document, as amended from time to time in accordance with this agreement.

  • Review Conditions means (i) the Delinquency Percentage for any Payment Date exceeds the Delinquency Trigger for that Payment Date and (ii) the Noteholders or Note Owners, as applicable, have voted, pursuant to Section 2.03(d) of the Receivables Purchase Agreement, to direct an Asset Representations Review of the Subject Receivables.

  • Extension Conditions Defined in Section 3.06(a).

  • Payment Condition shall be deemed to be satisfied in connection with a Restricted Payment, Restricted Debt Payment, investment or Permitted Acquisition if:

  • Satisfaction Certificate means the certificate materially in the form of the document contained in the Appendix to schedule 4 granted by the Customer when the Supplier has Achieved a Milestone;

  • Distribution Conditions means, with respect to any Restricted Payment or Restricted Junior Debt Prepayment, the following:

  • Contracting Body Satisfaction Survey shall have the meaning set out in Clause 18.1;

  • Amendment Closing Date means the first date that all the conditions precedent set forth in this Amendment are satisfied or waived in accordance herewith.

  • Final Completion Date means the date on which Final Completion occurs.