Effectiveness Conditions definition

Effectiveness Conditions means, subject to Section 3(b) hereof, (i) the receipt by Agent of each of the items described in Section 3 hereof, in each case in form, scope and substance satisfactory to Agent and written confirmation thereof by Agent pursuant to Section 3(b) hereof, (ii) the execution and delivery by Borrower in favor of the Guarantors of the "Litigation Warrants" referred to and as defined in the Series A Preferred Stock Documents and written confirmation thereof and of receipt of the Litigation Warrant Opinion by Guarantors pursuant to Section 3(b) hereof and (iii) the issuance of the Litigation L/C.
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Effectiveness Conditions has the meaning set forth in Section 18.1.1 herein.
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Effectiveness Conditions means (a) both Parties have executed the Modification Agreement and (b) Monogram has raised at least $5,000,000 in equity capital through the issuance of common stock or preferred stock on or before October 19, 2019 (excluding, for clarity, amounts raised through the issuance of debt, whether or not convertible, or amounts converted upon conversion of convertible debt or similar convertible instruments) (the “Financing Condition”).
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Examples of Effectiveness Conditions in a sentence

  • Upon the occurrence of the Effectiveness Conditions, this Agreement shall become fully effective as if executed and delivered as of such date.

  • If the Effectiveness Conditions have not been satisfied on or before the date that is ten (10) business days after the Lease Date (the “Contingency Deadline”), then either Landlord or Tenant may, at any time prior to the satisfaction of the Effectiveness Conditions, terminate this Lease (without penalty) upon written notice to the other party, in which event this Lease shall be of no further force or effect.

  • Upon satisfaction of the Effectiveness Conditions (including Pro-Dex’s confirmation in its reasonable discretion of Monogram’s satisfaction of the Financing Condition), this Agreement shall immediately, and without any further action of the Parties, come into force and the Agreement to Agree shall terminate in its entirety and be of no further force or effect.

  • Each of the Parties covenants and agrees with each other Party to act in good faith and use its best efforts to work diligently to satisfy of all of the Effectiveness Conditions and thereafter execute and deliver the Effective Date Communication at the earliest practicable date.

  • Notwithstanding the foregoing, Landlord shall have the right to extend the Contingency Deadline for up to ten (10) business days provided that (a) Landlord sends written notice to Tenant, prior to the expiration of the original Contingency Deadline, setting forth the need for the extension, and (b) at the time Landlord extends the Contingency Deadline, Landlord is diligently pursing the satisfaction of the Effectiveness Conditions.

  • In the event this Settlement Agreement does not become effective for any reason, including the non-occurrence of the Effectiveness Conditions, the Parties will return, without prejudice, to the status quo ante, for all purposes, as if no settlement had been negotiated or entered into and the settlement and its existence shall be inadmissible for any purpose.

  • This Restructuring Paper proposes an amendment to the Project Effectiveness Condition to the effect of converting the recruitment of safeguard specialists as part of the Effectiveness Conditions into dated covenant.

  • GLA ALA Chapter leaders may not grant permission to use the ALA logo and ALA Headquarters may not grant permission to use our chapter’s logo.

  • Conditional upon the fulfilment of the Plan A Effectiveness Conditions and prior to (and regardless of) the Youzan Technology Listing, the Youzan Technology 2019 Share Award Plan shall be amended and substituted by the Youzan Technology Share Award Plan A and grants of share awards will be made thereunder.

  • Upon satisfaction of the Effectiveness Conditions set forth above, Lender shall be deemed to have waived the Existing Default, provided that Lender's waiver shall not be deemed to be a waiver of any subsequent Default or Events of Default or a waiver of any other Defaults or Events of Default, which may have occurred, but are not specifically referred to, herein.


More Definitions of Effectiveness Conditions

Effectiveness Conditions means the following conditions: (i) the Company shall pay all interest accrued but unpaid on the Note through and including the date of payment and (ii) the Company shall pay Holder the full amount of the Origination Fee.
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Effectiveness Conditions. The grant of the Option set forth herein shall be conditional on the satisfaction of the following conditions:
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Effectiveness Conditions means the conditions to the effectiveness of the Proposed Amendments and the acceptance of any Notes validly offered for exchange pursuant to the Offer, being:
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Effectiveness Conditions. Lender's undertakings hereunder are subject to satisfactory completion, as determined by Lender in its sole discretion, (all documents to be in form and substance satisfactory to Lender) and its counsel of the following conditions ("Effectiveness Conditions"): a. Execution and delivery by Borrowers of this Agreement and any other agreements, instruments and documents as Lender reasonably deems necessary to effectuate the transactions contemplated herein; b. Delivery by Borrowers of corporate actions authorizing the execution and delivery of this Agreement and performance of the transactions contemplated hereby; c. Lender shall have obtained (at Borrowers' expense) updated UCC, tax and judgment searches confirming Lender's first priority security interest in the Collateral. d. Within five (5) days after the date of this Agreement, Borrowers shall have retained a consultant, acceptable to Lender, in its sole discretion, to provide financial and strategic advice, to validate Borrowers' projections, and to analyze, inter alia, the viability of each Borrower's business, profitability, ability to meet its current and long term obligations to the federal and state governments, on capital lease obligations and with respect to notes payable, the effect on the business, properties, assets, financial condition, results of operations or prospects of each Borrower of any monetary or non-monetary obligations resulting from the Year 2000 Problem, and the effect on each Borrower of the scheduled bank amortization under the terms and conditions of the proposed Spin-Off. Any final written report provided to Borrowers by such consultant should at the same time be provided to Lender. e. Borrowers shall have paid to Lender a $50,000 forbearance fee. f. The HC Borrowers shall have a positive availability of not less than $500,000 under the Borrowing Base for the Home Healthcare Group Revolving Credit. g. Execution and delivery by Xxxxx Xxxxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxx Xxxxxx, Xxxx Xxxxx, Xxxxxx Xxxxxxxx and Xxxxxxx Xxxx of a management support agreement and fraud guarantee, each in favor of and in form and substance acceptable to Lender
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Related to Effectiveness Conditions

  • Effectiveness Target Date As defined in Section 5.

  • Effectiveness Deadline Date has the meaning set forth in Section 2(a) hereof.

  • Effectiveness Deadline As defined in Section 3(a) and 4(a) hereof.

  • Shelf Effectiveness Deadline As defined in Section 4(a) hereof.

  • Required Effectiveness Date As defined in Section 2.1.

  • Initial Effectiveness Deadline means the date which is (i) in the event that the Initial Registration Statement is not subject to a full review by the SEC, sixty (60) calendar days after the Closing Date or (ii) in the event that the Initial Registration Statement is subject to a full review by the SEC, ninety (90) calendar days after the Closing Date.

  • Effectiveness Date means, with respect to the Initial Registration Statement required to be filed hereunder, the 60th calendar day following the date hereof (or, in the event of a “full review” by the Commission, the 90th calendar day following the date hereof) and with respect to any additional Registration Statements which may be required pursuant to Section 2(c) or Section 3(c), the 60th calendar day following the date on which an additional Registration Statement is required to be filed hereunder (or, in the event of a “full review” by the Commission, the 90th calendar day following the date such additional Registration Statement is required to be filed hereunder); provided, however, that in the event the Company is notified by the Commission that one or more of the above Registration Statements will not be reviewed or is no longer subject to further review and comments, the Effectiveness Date as to such Registration Statement shall be the fifth Trading Day following the date on which the Company is so notified if such date precedes the dates otherwise required above, provided, further, if such Effectiveness Date falls on a day that is not a Trading Day, then the Effectiveness Date shall be the next succeeding Trading Day.

  • Additional Effectiveness Deadline means the date which is the earlier of (x) (i) in the event that the Additional Registration Statement is not subject to a full review by the SEC, thirty (30) calendar days after the earlier of the Additional Filing Date and the Additional Filing Deadline or (ii) in the event that the Additional Registration Statement is subject to a full review by the SEC, fifty (50) calendar days after the earlier of the Additional Filing Date and the Additional Filing Deadline and (y) the fifth (5th) Business Day after the date the Company is notified (orally or in writing, whichever is earlier) by the SEC that such Additional Registration Statement will not be reviewed or will not be subject to further review; provided, however, that if the Additional Effectiveness Deadline falls on a Saturday, Sunday or other day that the SEC is closed for business, the Additional Effectiveness Deadline shall be extended to the next Business Day on which the SEC is open for business.

  • Business Condition means the financial condition, business, assets, liabilities and operations of a Person.

  • Standard Listing Conditions has the meaning ascribed thereto in subsection 4(a)(iv);

  • Amendment Effectiveness Deadline Date has the meaning set forth in Section 2(d) hereof.

  • 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.

  • 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).

  • Abnormal Market Conditions means conditions contrary to Normal Markets Conditions e.g. when there is low liquidity in the market or rapid price movements in the market or Price Gaps.

  • Initial compliance period means the three-year compliance period that begins January 1, 1993, except for the MCLs for dichloromethane, 1,2,4-trichlorobenzene, 1,1,2-trichloroethane, benzo(a)pyrene, dalapon, di(2-ethylhexyl)adipate, di(2-ethyl- hexyl)phthalate, dinoseb, diquat, endothall, endrin, glyphosate, hexachlorobenzene, hexachlorocyclopentadiene, oxamyl, picloram, simazine, 2,3,7,8-TCDD, antimony, beryllium, cyanide, nickel, and thallium, as they apply to a supplier whose system has fewer than 150 service connections, for which it means the three-year compliance period that began on January 1, 1996.

  • 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;

  • Applicable effluent standards and limitations means all State and Federal effluent standards and limitations to which a discharge is subject under the Act, including, but not limited to, effluent limitations, standards of performance, toxic effluent standards and prohibitions, and pretreatment standards.

  • 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.

  • Extension Minimum Condition means a condition to consummating any Extension that a minimum amount (to be determined and specified in the relevant Extension Request, in the Borrower’s sole discretion) of any or all applicable Classes be submitted for Extension.

  • Extension Conditions Defined in Section 3.06(a).

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

  • Serious health condition means an illness, injury, impairment, or physical or mental condition that involves:

  • Normal Operating Conditions means those Service conditions which are within the control of Grantee. Those conditions which are not within the control of Grantee include, but are not limited to, natural disasters, civil disturbances, power outages, telephone network outages, and severe or unusual weather conditions. Those conditions which are ordinarily within the control of Grantee include, but are not limited to, special promotions, pay-per-view events, rate increases, regular peak or seasonal demand periods, and maintenance or upgrade of the Cable System.

  • Required Filing Date has the meaning assigned to such term in Section 2.1.1(b);

  • Cost-effectiveness means the ability of a particular product or service to efficiently provide goods or services to the State. In determining the cost effectiveness of a particular product or service, the appropriate chief procurement officer shall list the relevant factors in the bid notice or solicitation and use only those listed relevant factors in determining the award.

  • Required Filing Dates has the meaning specified in Section 10.19.