Financial Difficulty definition

Financial Difficulty means the necessity to comply with air pollution regulations, including the Clean Air Act Amendments.

Financial Difficulty means having financial difficulty with complyingthe necessity to comply with air pollution regulations, including the Clean Air Act Amendments, as determined by the ombudsperson.

Financial Difficulty means current or impending financial conditions that impair or may impair the ability of a provider to meet existing or future obligations.

Examples of Financial Difficulty in a sentence

• Melanie Ellis introduced the report (Agenda Item 8), which summarised bids that had been received from schools in deficit to access funding from the Primary Schools in Financial Difficulty de-delegated fund.Bids had been received from three Primary Schools which were St Finian’s, St Joseph’s and Kintbury.

• A Designated Person (who is not in possession of Inside Information) may request and be given clearance to sell (but not purchase) Argo securities in circumstances otherwise prohibited by this Policy, if they are in Severe Financial Difficulty or other exceptional circumstances apply.

• The bids had been considered by the Heads’ Funding Group (HFG) which had recommended that all three bids should be approved by the Schools’ Forum.Ian Pearson added that each of the bids had met the relevant criteria for the Primary Schools in Financial Difficulty Fund and had been interrogated regarding their bid by the HFG.

• Following receipt of a budget anticipation from the a Lancashire secondary school, the Chair's Working Group had met on the 4 July2017, to consider a request for Schools In Financial Difficulty Support (SIFD).

• Financial Difficulty for Seniors Seniors may be particularly vulnerable to the economic difficulties facing many Americans today.

More Definitions of Financial Difficulty

Financial Difficulty means any situation that substantially and persistently prevents the borrower from fulfilling its financial commitments in accordance with the original terms and conditions either currently or actually or likely in the near future (e.g. a threat of insolvency situation);

Financial Difficulty of a party shall mean the occurrence of: (i) filing by the party in any court pursuant to any statute, a petition in bankruptcy or insolvency or for reorganization in bankruptcy or for an arrangement or for the appointment of a receiver or trustee for such party or of its assets; (ii) being served with an involuntary bankruptcy petition against it where such petition has not been dismissed within ninety (90) days after the filing thereof; or (iii) making an assignment for the benefit of creditors.

Financial Difficulty means any one of the following:

Financial Difficulty means a state in which a company may become or likely to become an insolvent either immediately or in the near future if it is not restructured under this Act.

Financial Difficulty means a situation where company becomes or may become insolvent immediately or in the near future if the company is not restructured made pursuant to this Act;

Financial Difficulty means the occurrence with respect to any Party of such Party: (a) filing in any court pursuant to any statute, a petition in bankruptcy or insolvency or for reorganization in bankruptcy or for an arrangement or for the appointment of a receiver or trustee for such Party or of its assets; (b) being served with an involuntary petition against it, filed in any insolvency proceeding, and where such petition has not been dismissed within sixty (60) days after the filing thereof; (c) proposing or being a party to any dissolution; or (d) making an assignment for the benefit of creditors.

Financial Difficulty means a situation whereby a natural person has missed two repayments; (SD 301)