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 date described as such and specified in the Schedule;
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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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Examples of Conditions Precedent Satisfaction Date in a sentence

  • 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 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.

  • In accordance with Clauses 1.1 and 4 of the Supplemental Agreement the Initial Conditions Precedent Satisfaction Date is the date of this confirmation and the amendments to the Loan Agreement are effective from the Transfer Effective Date.

  • For greater certainty, unless so specified, each of the amendments set out in Schedule A shall be effective on and from the Conditions Precedent Satisfaction Date until the Joint Venture Agreement is terminated in accordance with its terms.

  • 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.

  • 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.


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) in each case in form and substance satisfactory to the Facility Agent;
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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 [insert date]. Confidential Information has the meaning given in clause 35.1.
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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 the last Conditions Precedent under clause 3.1 is satisfied or waived.
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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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Related to Conditions Precedent Satisfaction Date

  • Conditions Precedent means the conditions precedent set out in clause 3 below;

  • 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 any specified transaction or payment, 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 has the meaning set forth in the Escrow Agreement.

  • 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.

  • Extension Conditions Defined in Section 3.06(a).

  • Payment Condition at any time of determination with respect to any Specified Transaction, that the following conditions are all satisfied: (x) (1) 30-Day Specified Excess Availability (divided by Availability as of such time of determination and expressed as a percentage) and (2) the Specified Availability on the date of such Specified Transaction (divided by Availability as of such time of determination and expressed as a percentage), in each case exceed the applicable Availability Percentage (as defined below), (y) unless the Fixed Charge Condition (as defined below) is satisfied (to the extent applicable), the Parent Borrower shall be in Pro Forma Compliance with a minimum Consolidated Fixed Charge Coverage Ratio of at least 1.00:1.00 and (z) if reasonably requested by the Administrative Agent, the Borrower Representative shall have delivered to the Administrative Agent (i) a copy of calculations required by preceding clause (y) in reasonable detail and (ii) a calculation of Specified Unrestricted Cash. As used herein, the following terms shall have the following meanings: (i) “Availability Percentage” shall mean (a) in respect of any Restricted Payment pursuant to Subsection 8.3(k), 12.5%; (b) in respect of (A) any investment or acquisition permitted pursuant to clause (u) of the definition of “Permitted Investments” or (B) clause (c)(i) of the definition of “Permitted Acquisitions,” 10.0%; (c) in respect of any payment, repurchase or redemption pursuant to Subsection 8.6(a), 12.5%; (d) in respect of any merger, consolidation, amalgamation or asset sale pursuant to Subsection 8.2(a) or 8.2(b), 10.0%; and (e) in respect of any Asset Sale that would otherwise have to comply with Subsection 8.5, 10.0%; and (ii) “Fixed Charge Condition” shall mean 30-Day Specified Excess Availability (divided by Availability as of such time of determination and expressed as a percentage) exceeds: (a) in respect of any Restricted Payment pursuant to Subsection 8.3(k), 17.5%; (b) in respect of any acquisition permitted pursuant to clause (c)(i) of the definition of “Permitted Acquisitions”, 15.0%; (c) in respect of any investment permitted pursuant to clause (u) of the definition of “Permitted Investments”, 15.0%; (d) in respect of any payment, repurchase or redemption pursuant to Subsection 8.6(a), 15.0%; and (e) in respect of (A) any merger, consolidation, amalgamation or asset sale pursuant to Subsection 8.2(a) or 8.2(b) or (B) any Asset Sale that would otherwise have to comply with Subsection 8.5, 15.0%.

  • Satisfaction Certificate means the certificate materially in the form of the document contained in Call Off Schedule 5 (Testing) granted by the Customer when the Supplier has Achieved a Milestone or a Test;

  • 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.

  • Release Condition means the following: