Financial Conditions definition
Financial Conditions. Means the document comprising all the fees due by the User for the purchase, use and management of Electronic Money, as provided in the Special Conditions of Use.
Financial Conditions. (Part II, option B) means the conditions a seller is willing to sell on and a purchaser willing to accept taking into account Market Conditions but which compensate the parties who paid for development of the subject matter being sold (or licensed) according to the amount each party contributed for development.
Financial Conditions means, if the Borrower has obtained relief under the Audit Relief Legislative Instrument at any time since the date of this Deed, that:
Examples of Financial Conditions in a sentence
The Electronic Money is stored for an indefinite duration on the User’s Account by the Issuer under the agreed Financial Conditions.
The amount to be credited is equal to such funds less the corresponding costs as provided in the Financial Conditions.
The Issuer is entitled, at any time, to reimburse an amount of available Electronic Money on the Account equal to the charges due and payable, as provided in the Financial Conditions.
Financial reporting measures may or may not be included in a filing with the Securities and Exchange Commission, and may be presented outside the Company’s financial statements, such as in Management’s Discussion and Analysis of Financial Conditions and Results of Operations or the performance graph.
Upon the User’s Order, the Electronic Money corresponding to the amount of the Payment Transaction or Reimbursement is debited from its Account and the related costs, as provided in the Financial Conditions.
More Definitions of Financial Conditions
Financial Conditions means the Financial Conditions in respect of payment of the WG funding to all the Authorities set out in Schedule 2
Financial Conditions shall have the meaning provided in EXHIBIT D.
Financial Conditions. “ Force Majeure” means calendar day. means conditions a seller is willing to sell on and a purchaser willing to accept which are more favourable to the purchaser than Market Conditions (and which normally allow reasonable profit for the seller). means the conditions a seller is willing to sell on and a purchaser willing to accept taking into account Market Conditions but which compensate the parties who paid for development of the subject matter being sold (or licensed) according to the amount each party contributed for development. means an event which is, unforeseeable, unavoidable and external at the time of Contract signature, occurs beyond the control of the affected Party and renders the performance of the Contract impossible for the affected Party, including but not limited to: Acts of God, Governmental Administrative Acts or omissions, consequences of natural disasters, epidemics, war hostilities, terrorist attacks.
Financial Conditions means all of the following: (x) such assignee has a net worth (determined in accordance with GAAP) equal to or greater than $650,000,000, (y) the ratio of such assignee’s earnings before interest, taxes, depreciation and amortization (“EBITDA”) to interest expense is six (6) times or better calculated over the immediately preceding twelve (12) months, and (z) such assignee has EBITDA greater than $200 million or better calculated over the immediately preceding twelve (12) months. Notwithstanding anything to the contrary contained in the preceding paragraph, Lessee shall be deemed to have satisfied the Financial Conditions requirement set forth in Paragraph 12.2(b)(ii) if Lessee delivers to Lessor, prior to the effective date of the assignment, an unconditional and irrevocable, standby letter of credit (the “Assignment LOC”). The Assignment LOC shall be in form and substance satisfactory to Lessor in its sole and absolute discretion, and shall at all times during the Term meet the following criteria: (i) it shall be drawn on a credible local bank in good standing, selected by Lessee and acceptable to Lessor, with commercial banking offices empowered to act upon demands under the Assignment LOC in San Bernardino County, California, or Los Angeles County, California, and which bank has capital and surplus in amounts reasonably satisfactory to Lessor; (ii) the beneficiary under the
Financial Conditions has the meaning specified in Section 7.4(a)(v).
Financial Conditions. The annual license fee for the VSAT service shall be @ 10% of the Adjusted Gross Revenue (AGR) (inclusive of Universal Service Obligation (USO)) up to 31.12.2005. W.e.f. 01.01.2006, the annual license fee for the VSAT service shall be @ 6% of the Adjusted Gross Revenue (AGR) (inclusive of Universal Service Obligation (USO)). The AGR is defined in Annexure 1.” Copy to :-
(i) DDG (LF), DOT(HQ), N. Delhi.
(ii) Secretary, Telecom. Regulatory Authority of India.
Financial Conditions mean that as of the applicable Reduction Date Tenant maintains the following computed in accordance with generally accepted accounting principles: (1) a three (3)-year compounded annual revenue growth rate of at least thirty percent (30%); (2) at least sixty (60%) gross profit margins; (3) a current ratio of 1.0 or higher of current total assets divided by current total liabilities; and (4) a current ratio of 3.4 or lower of total liabilities (excluding any funds held for customers) divided by net worth (including convertible preferred stock, but excluding any funds held for customers).