Indicative Term Sheet definition

Indicative Term Sheet means the agreement entered into by the Customer according to the conditions set out in Indicative Term Sheet after referring to the product prospectus provided by the Bank. The Bank may at any time terminate or change any terms of a product subject to notice in writing issued by the Bank to the Customer.
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Indicative Term Sheet means a document describing the proposed basic business terms and conditions upon which the Bank proposes to provide the Financial Service sought by the Borrower, it being understood that the Indicative Term Sheet shall not be binding upon the Bank and shall in no event be deemed a commitment by the Bank to provide the Financial Service and shall not impose any obligation on Bank whatsoever.
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Indicative Term Sheet means the Indicative Term Sheet dated December 3, 2020 among, inter alios, the Purchaser, BMO and FCC.
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Examples of Indicative Term Sheet in a sentence

  • Details of the products and relevant interests will be agreed subject to the relevant laws, regulations of the competent authorities and this Agreement, Indicative Term Sheet and the Transaction Notice for Investment Products or relevant terms (or recordings confirming the transaction) entered into between the Bank and the Customer.

  • With respect to the various Transactions executed by the Bank pursuant to these Terms for the Customer, the Customer shall settle the Transaction in the manner specified in the relevant product prospectus, Indicative Term Sheet, or Transaction Notice for Investment Products (including, without limitation, the Settlement Date or location of settlement).

  • If there is any adjustment to the terms as set out in the Indicative Term Sheet which is considered essential or appropriate by the Bank at its absolute discretion on or before the designated Initial Date (including without limitation, market fluctuation or events leading to increase of risk), the Bank is entitled, at its absolute discretion, to make any adjustment to the Designated Product.

  • For those parts that are not covered by these Terms, they are subject to the Confirmations of individual transactions or the Transaction Notice for Investment Products, Indicative Term Sheet or market practices.

  • Because the Indicative Term Sheet represents indicative but non- binding terms, the provisions in the Final Fund Documents may differ from, and will supersede, those in the Indicative Term Sheet.

  • If there is any adjustment to the terms as set out in the Indicative Term Sheet which is considered essential or appropriate by the Bank at its absolute discretion on or before the designated Initial Date (including primarily, market fluctuation or events leading to increase of risk), the Bank is entitled, at its absolute discretion, to make any adjustment to the Designated Product provided that such adjustment will not seriously affect the interest of the Customer who has subscribed the product.

  • With respect to the various transactions executed by the Bank pursuant to these terms and conditions for the Customer, the Customer shall settle the transaction in accordance with the Settlement Date, location and manner as specified in the relevant product prospectus, Indicative Term Sheet, or Transaction Notice for Investment Product/ Confirmation Notice of Dual Currency Investment Contract.

  • If any item set out in the document is inconsistent with or different from these terms and conditions and the Indicative Term Sheet, such document shall prevail.

  • The actual transactions concerning such investment shall be subject to the transaction documents of such transactions, such as the Indicative Term Sheet and Confirmation Advice.

  • Nothing set forth in this Indicative Term Sheet is intended to be binding upon Buyer and Seller and any binding agreement relative to the terms hereof is subject to Buyer and Seller executing such Definitive Agreements.


More Definitions of Indicative Term Sheet

Indicative Term Sheet. (the “Term Sheet”), each provided by the Issuer to the [Purchasers] [Purchaser] in February 2019. All projections included in the Disclosure Package are based upon good faith estimates and assumptions believed by the Issuer to be reasonable at the time made. The terms and provisions of the Term Sheet shall be incorporated, as applicable, into the Indenture. (cc) The Issuer has timely filed, or cured any defect relating to timely filing, all reports, schedules, forms, statements and other documents required to be filed by the Issuer under the Securities Act and the Securities Exchange Act of 1934, as amended (the “Exchange Act”) (collectively, “SEC Reports”) .The SEC Reports (i) as of the time they were filed (or if subsequently amended, when amended, and as of the date hereof), complied in all material respects with the requirements of the Securities Act or the Exchange Act, as the case may be, and (ii) did not, at the time they were filed (or if subsequently amended or superseded by an amendment or other filing, then, on the date of such subsequent filing), contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary in order to make the statements made therein, in light of the circumstances under which they were made, not misleading. (dd) The Issuer has timely filed or caused to be filed all United States federal tax returns and state tax returns (including, but not limited to, those filed on a consolidated, combined or unitary basis) required to have been filed with respect to the Issuer prior to the date hereof, or requests for extensions to file such returns and reports have been timely filed (“Tax Returns”). All such Tax Returns are true, correct, and complete in all material respects. All material taxes required to be shown on such Tax Returns have been paid, except to the extent that such tax payments are being contested in good faith by appropriate proceedings and for which the Issuer has set aside on its books adequate reserves. (ee) The offer, issuance and sale of the Notes by the Issuer to the [Purchasers] [Purchaser] shall not result in an event, condition, or default that, with the giving of notice or the passage of time, or both, would constitute a default or event of default under any indebtedness of any subsidiaries of the Issuer. (ff) None of the Issuer or its subsidiaries has any material liability that is required to be reflected in a consolidated balance sheet (or the notes...
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Related to Indicative Term Sheet

  • Final Term Sheet means the term sheet prepared pursuant to Section 4(a) of this Agreement and substantially in the form attached in Schedule III hereto;

  • Adjusted Term SOFR means, for purposes of any calculation, the rate per annum equal to (a) Term SOFR for such calculation plus (b) the Term SOFR Adjustment; provided that if Adjusted Term SOFR as so determined shall ever be less than the Floor, then Adjusted Term SOFR shall be deemed to be the Floor.

  • Governance Term Sheet means the Governance Term Sheet attached as Exhibit F to the Restructuring Support Agreement.

  • Restructuring Term Sheet means the term sheet attached as Exhibit A to the Restructuring Support Agreement.

  • standard term sheet has the meaning ascribed thereto in NI 41-101;

  • Adjusted Term SOFR Rate means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) 0.10%; provided that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • Contract Term Adjustment means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection. To qualify for such adjustment, Purchaser shall give written notice of the lost time not later than 30 days after end of Normal Operating Season in which time was lost and at least 10 days before Termination Date. Contracting Officer shall make prompt written acknowledgment of such notice, indicating concurrence with the number of days in the notice or the number of days Forest Service considers as qualifying for the adjustment. Lost portions of days shall be disregarded in computing time lost. The three circumstances qualifying for a Contract Term Adjustment are:

  • Three-Month Term SOFR means the rate for Term SOFR for a tenor of three months that is published by the Term SOFR Administrator at the Reference Time for any interest period, as determined by the Calculation Agent after giving effect to the Three-Month Term SOFR Conventions. All percentages used in or resulting from any calculation of Three-Month Term SOFR shall be rounded, if necessary, to the nearest one-hundred-thousandth of a percentage point, with 0.000005% rounded up to 0.00001%.

  • Exit Facility Term Sheet means the Exit Facility Term Sheet attached as Exhibit 2 to Exhibit B of the Restructuring Support Agreement.

  • Term Sheet means any term sheet that satisfies the requirements of Rule 434 under the Act. Any reference herein to the "date" of a Prospectus that includes a Term Sheet shall mean the date of such Term Sheet.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • long term specified asset means any bond, redeemable after three years and issued on or after the 1st day of April 2006:

  • Superior Acquisition Proposal means any Acquisition Proposal containing terms which the Company Board determines in its good faith judgment (based on the advice of an independent financial advisor) to be more favorable to the Company’s stockholders than the Merger and for which financing, to the extent required, is then committed or which, in the good faith judgment of the Company Board, is reasonably capable of being obtained by such third party.

  • Long-term contract means a contract with a duration period exceeding one year;

  • CME Term SOFR Administrator means CME Group Benchmark Administration Limited as administrator of the forward-looking term Secured Overnight Financing Rate (SOFR) (or a successor administrator).

  • Partnership Change of Control means Tesoro Corporation ceases to Control the General Partner.

  • Initial Term Facility means the Initial Term Loan Commitment and the Initial Term Loans made hereunder.

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrowers pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 (as in effect on the Closing Date) under the caption “Initial Term Commitment,” as such amount may be adjusted from time to time in accordance with this Agreement. The initial aggregate amount of the Initial Term Commitments is $350,000,000.

  • Long-term lease means a lease term of at least 27.5 years for a residential resource or at least 31.5 years for a nonresidential resource.

  • Initial Term Loans means the term loans made by the Initial Term Lenders to the Borrower pursuant to Section 2.01(a)(i).

  • Delivery Term Security means the Performance Assurance that Seller is required to maintain, as specified in Article Eight, to secure performance of its obligations during the Delivery Term.