Financial Conditions. Means the document comprising all the fees paid 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
Management’s Discussion and Analysis (MD&A) of Financial Conditions and Results of Operations.
For further details please refer to the section titled “Financial Statements” and chapter titled “Management's Discussion and Analysis of Financial Conditions and Results of Operations” beginning on page no.
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.
Financial Conditions Reasonably Likely to Impair Ability to Meet Contractual Commitments to Clients 12 C.
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.
More Definitions of Financial Conditions
Financial Conditions shall have the meaning provided in EXHIBIT D.
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. “ 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 section of Appendix A to the Non-Exclusive License Agreement is hereby deleted and replaced with the following new section:
Financial Conditions means the conditions a seller is willing to sell on and a
Financial Conditions section of Appendix A to the Exclusive License Agreement is hereby deleted and replaced with the following new section: Development and testing phase, commenced in September 2014:
1. Milestone 1, bench scale testing of TRER pregnant xxxxx solution (“PLS”) for producing individual Rare Earths oxides in three (3) stages:
a. Stage 1a - Separation of non-Rare Earths from Rare Earths in TRER’s PLS – completed in December 2014. Stage 1b – Preparation of a prefeasibility (AACE Class 4) level estimate of the CAPEX (±25-35%) and OPEX (±15-20%) to build and operate the purification plant based on solution grades and flow rates estimated by TRER and K-Tech – completed in April 2014.
b. Stage 2 - Separation of Rare Earths obtained from 1a above into three general groups of Rare Earths, i.e. lights, mids, and heavies. Program will also involve continuing optimization of work done in 1a, as well as production of PLS from TRER ore samples as needed. Target completion by April 30, 2015.
c. Stage 3 - Separation and purification of selected Rare Earths oxides from 1b above. Work will also include continuing optimization of work done in 1a and 1b above, as well as production of PLS from TRER ore samples as needed. Target completion by August 31, 2015.
2. Milestone 2, pilot plant construction and operational testing of TRER PLS for producing selected purified Rare Earths oxides using the process criteria resulting from the Milestone 1 test results. Includes production of PLS from TRER ore samples as necessary. Target completion by March 31, 2016.
3. Milestone 3, bankable feasibility study report for commercial project, based on results from pilot test program. Report to include commercial mine and processing plant design criteria, including mine plan, PLS preparation via heap leaching, and PLS treatment via the Technology to yield 5-6 selected Rare Earths for recovery. The study will include detailed mobile and fixed equipment list, process flow diagrams (PFDs) with material and heat balances, conceptual P&IDs, plot and site plan drawings, marketing prospects, and environmental & permitting considerations. Capital and operating costs will be estimated with capex accuracy at ±15-20% and opex accuracy at ±10-15%. Project economic analysis will also be included in the report. Target completion by June 30, 2016.
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