Conditions to Issuance definition

Conditions to Issuance. The right to issue the Rollover Notes will be subject to satisfaction of the following conditions precedent: (i) at the time of issuance, there shall exist no default or potential default under the Securities Purchase Agreement, (ii) all fees and other amounts owing to the Purchasers shall have been paid in full and (iii) no injunction, decree, order or judgment enjoining such issuance shall be in effect.
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Conditions to Issuance. The right to issue the Rollover Notes will be subject to satisfaction of the following conditions precedent: (i) at the time of issuance, there shall exist no material default under the Securities Purchase Agreement, (ii) all fees and other amounts owing to the Purchasers shall have been paid in full and (iii) no injunction, decree, order or judgment enjoining such issuance shall be in effect. Representation As in the Securities Purchase Agreement Warranties, (see Exhibit A). Covenants, Events of Default, Indemnities and Expenses: Governing Law: State of New York.
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Conditions to Issuance. The issuance of the Notes on the Closing Date will be subject to consummation of the Merger and the Subscription.
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Examples of Conditions to Issuance in a sentence

  • Section 3.2 Conditions to Issuance of Stock Certificates Shares of Common Stock which are distributed in settlement of Restricted Stock Units may be either previously authorized but unissued shares or issued shares which have then been reacquired by the Company.

  • Participant further acknowledges that Participant has read and specifically and expressly approves the following sections of the RSU Agreement: Section 2.1(b) (Vesting), Section 2.2 (Tax Indemnity), Section 2.3 (Conditions to Issuance of Certificates), Article III (Other Provisions), and Exhibit B (Vesting Schedule).

  • Section 3.1. Conditions to Issuance of Securities on Closing Date.

  • If any RSUs are transferred, this Agreement will be binding upon and inure to the benefit of the heirs, legatees, legal representatives, successors, and assigns of the parties to this Agreement.(d)Additional Conditions to Issuance of Stock.

  • Section 3.2 Conditions to Issuance of Stock Certificates Shares of Restricted Stock may be either previously authorized but unissued shares or issued shares which have then been reacquired by the Company.

  • Deduction or Withholding from Payments on Notes; No Gross Up2730ARTICLE III CONDITIONS PRECEDENT 2830Section 3.1. Conditions to Issuance of Notes on Closing Date.

  • The State reserves the right to increase or decrease the quantities, as needed, as a result of usage and/or budgetary restrictions.

  • Section 3.1. Conditions to Issuance of the Letter of Credit 19 Section 3.2. Conditions to Bank Loans 21 Section 4.1. Organization 21 Section 4.2. Authorization, Conflicts, Binding Effect 21 Section 4.3. Litigation 22 Section 4.4. Compliance with Laws 22 Section 4.5. Payment of Taxes 22 Section 4.6. Offering Memorandum 22 Section 4.7. City Documents; Commercial Paper Documents 22 Section 4.8. Reaffirmation of Representations and Warranties 22 Section 4.9. Regulatory Compliance 23 Section 4.10.

  • Subject to the limitation on the transferability of this grant contained herein, this Agreement will be binding upon and inure to the benefit of the heirs, legatees, legal representatives, successors and assigns of the parties hereto.16.Additional Conditions to Issuance of Shares.

  • Section 10.01 Amendment to Section 4.02(6) of the Bond Ordinance Upon (i) the issuance of the Series 2020 Bonds and the application of the proceeds thereof as described in Section 7.01 hereof and (ii) in compliance with the provision of Article XII of the Bond Ordinance, the County hereby amends and restates Section 4.02(6) of the Bond Ordinance in its entirety to read as follows: Section 4.02 Conditions to Issuance of Bonds of a Series.

Related to Conditions to Issuance

  • Conditions of Approval means condition(s) imposed by the Municipality in the approval of a land development application, including any conditions contained in the annexure(s) and/or plans and/or attachment(s) that form part of the approval and/or are referred to in the approval of the land development application;

  • Conditions of Sale means the Conditions of Sale set out in Part 3 of this TenderDocument;

  • Conditions of Use means these terms and conditions as may be varied by us from time to time.

  • Conditions of Contract means those statements contained in or delivered with your Ticket/s or Itinerary/Receipt, identified as such and which incorporate by reference, these Conditions of Carriage and notices.

  • 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.

  • Refinancing Conditions the following conditions for Refinancing Debt: (a) it is in an aggregate principal amount that does not exceed the principal amount of the Debt being extended, renewed or refinanced; (b) it has a final maturity no sooner than, a weighted average life no less than, and an interest rate no greater than, the Debt being extended, renewed or refinanced; (c) it is subordinated to the Obligations at least to the same extent as the Debt being extended, renewed or refinanced; (d) the representations, covenants and defaults applicable to it are no less favorable to Borrowers than those applicable to the Debt being extended, renewed or refinanced; (e) no additional Lien is granted to secure it; (f) no additional Person is obligated on such Debt; and (g) upon giving effect to it, no Default or Event of Default exists.

  • 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.

  • General Conditions of Contract means the ‘Instructions to Tenderers’ and ‘General Conditions of Contract’ pertaining to the work for which above tenders have been called for.

  • LC Conditions has the meaning given to such term in Section 2.9.

  • Conditions of Issue means the Conditions of Issue of Octopus published by us as amended from time to time, which can be obtained from us or downloaded from our website at www.octopus.com.hk ;

  • Standard Conditions means the “International Bank for Reconstruction and Development and International Development Association Standard Conditions for Grant Financing Made by the Bank out of Trust Funds”, dated February 25, 2019.

  • Terms & Conditions means the Special Conditions of Contract and General Conditions of Contract herein mentioned and other stipulations incorporated in any part of Tender Document and /or Agreement.

  • Conditions means these terms and conditions;

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

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

  • GENERAL AND SPECIAL CONDITIONS OF CONTRACT means the instructions to Tenderer and General and special conditions of contract pertaining to the work for which above tenders have been called for.

  • Extension Conditions Defined in Section 3.06(a).

  • Limited Condition Acquisition means any acquisition, including by way of merger, by the Borrower or one or more of its Restricted Subsidiaries permitted pursuant to this Agreement whose consummation is not conditioned upon the availability of, or on obtaining, third party financing.

  • Offer Conditions has the meaning set forth in Section 1.01(b).

  • 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.

  • Conditions of Tender means the Conditions of Tender for the said land as set out in Annexure A;

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

  • Redemption Conditions means, with respect to any payment of cash in respect of the principal amount of any Permitted Convertible Debt, satisfaction of each of the following events: (a) no Default or Event of Default shall exist or result therefrom, and (b) both immediately before and at all times after such redemption, Borrower’s Qualified Cash shall be no less than the sum of 150% of the outstanding Secured Obligations plus the Qualified Cash A/P Amount.

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

  • 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).

  • Litigation Conditions has the meaning set forth in Section 11.3.