Core State definition

Core State means Connecticut, Illinois, Maine, Massachusetts, New Jersey, New York, Ohio and Pennsylvania or such other jurisdiction as may be deemed a “Core State” hereunder as mutually agreed between Agent and Xxxxxxxx.
Core State means, as of any date of determination, any State in which Bay View Acceptance has originated Receivables for more than 12 consecutive months as of such date of determination.

Examples of Core State in a sentence

  • The proceeds of any Incremental Increase shall be used by Borrower consistent with Section 6.13; provided that Borrower may use the proceeds of any Incremental Increase to expand operations into any other jurisdiction not otherwise a Core State so long as (1) Borrower obtains Agent’s prior written consent and (2) such jurisdiction shall then be considered a Core State hereunder.

  • The License Agreement shall provide that, notwithstanding such non-exclusivity, the licensor shall not grant to third parties a license to use the Trademarks in a Core State during the “term” of the License Agreement for such Core State.

  • For a Core State, the “term” of the License Agreement shall be the period commencing on the exercise of remedies following an Event of Default with respect to the Collateral used in such Core State and ending on the fifth anniversary of the date Agent or its nominee, on behalf of the Lenders, or a third-party, obtains title to the Collateral used in such Core State as a result of such exercise (such fifth anniversary date for a Core State being its “Termination Date”).

  • If the Obligations are not satisfied and Agent exercises remedies following an Event of Default, then the License Agreement will terminate with respect to a Core State on its Termination Date.

  • On (a) the Closing Date, (b) the Incremental Increase Effective Date and (c) the date upon the consummation of any Permitted Disposition located in a Core State, in each case, the greater of (i) cost basis or (ii) appraised value of the Real Property deemed Collateral under the Loan Documents shall at all times (including with respect to the Incremental Increase on a pro forma basis) be equal to or greater than the Outstanding Amount.

  • Borrower shall maintain a lockbox account (the "Lockbox") with Core State Bank (the "Lockbox Bank"), subject to the provisions of this Agreement, and shall execute with the Lockbox Bank a Lockbox Agreement in the form attached as Exhibit B, and such other agreements related thereto as Lender may require.

  • On (a) the Closing Date, (b) the Incremental Increase Effective First Amendment Closing Date and (c) the date upon the consummation of any Permitted Disposition located in a Core State, in each case, the greater of (i) cost basis or (ii) appraised value of the Real Property deemed Collateral under the Loan Documents shall at all times (including with respect to the Incremental Increase on a pro forma basis) be equal to or greater than the Outstanding Amount.

  • The Company’s consulting and professional development services focus on optimizing the utilization of the Scholastic products described above, as well as helping teachers and school districts meet professional standards and implement new requirements and standards, including the Common Core State Standards.

  • There is no Property located in a Core State that is not owned by a Core Entity.

  • The restriction contained in the second sentence of this paragraph shall not apply in a Core State prior to the commencement of the “term” applicable to such Core State.

Related to Core State

  • Disclosure Statement means the written disclosure statement that relates to this Plan, as approved by the Bankruptcy Court pursuant to section 1125 of the Bankruptcy Code and Bankruptcy Rule 3017, as such disclosure statement may be amended, modified or supplemented from time to time.

  • Home state means the member state that is the licensee's primary state of residence.

  • Stop Work Order means the written Notice, delivered in accordance with this Agreement, by which the State may require the Contractor to stop all, or any part, of the Work of this Agreement, for the period set forth in the Stop Work Order. The Stop Work Order shall be specifically identified as such and shall indicate that it is issued pursuant to the Stop Work provision in this Exhibit B.

  • Resettlement Action Plan or “RAP”, means a plan approved by the Association, to be prepared in accordance with the provisions of the RPF, setting forth principles and procedures governing land acquisition or other associated Project impacts, resettlement and compensation of Affected Persons, as well as reporting and monitoring arrangements to ensure compliance with the said plan, as the same may be amended from time to time with the agreement of the Association, and “Resettlement Action Plans” or “RAPs” shall mean such Resettlement Action Plans, collectively.

  • Interconnection Agreement means the Agreement between the Parties entitled “Interconnection Agreement Under §§251 and 252 of the Telecommunications Act of 1996,” dated July 16, 1996.

  • Action Plan means an action plan as defined in the AEP Regulations in relation to the Premises;]

  • State implementation plan or “SIP” means the plan adopted by the state of Iowa and approved by the Administrator which provides for implementation, maintenance, and enforcement of such primary and secondary ambient air quality standards as they are adopted by the Administrator, pursuant to the Act.