Licensing Criteria definition

Licensing Criteria means a Person who (i) is not a direct or indirect competitor of Canopy or the Licensee or any of their respective Affiliates; (ii) is capable of using the Trademarks, Systems or Intellectual Property in compliance with the Standards; (iii) has minimum cash and cash equivalents in the amount of $50 million as shown on its most recent consolidated statement of financial position; (iv) has operated for a minimum of five years; (v) is not subject to any (A) criminal convictions, court injunction, or restraining order; (B) order of a state or federal regulator; (C) SEC disciplinary order; (D) SEC cease-and-desist order; (E) SEC stop order; (F) suspension or expulsion from membership in a self-regulatory organization; or (G) U.S. Postal Service false representation order; and (vi) has for the prior fiscal year maintained minimum net working capital amount of at least $25 million.
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Licensing Criteria means the criteria set out in section 7(3); "the Minister" means the Minister of Finance;
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Licensing Criteria means the AVA Licensing Criteria issued by QAA in October 2016 or any subsequent version of this document.
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Examples of Licensing Criteria in a sentence

  • Licensing Criteria for authorization to deal in China's financial services sector are solely prudential (i.e., contain no economic needs test or quantitative limits on licenses).

  • For greater certainty, Canopy’s consent shall not be considered to be unreasonably withheld in the event that the proposed sublicensee does not meet the Licensing Criteria.

  • Sample Calculations for Licensing Criteria Development ' Upon establishing the acceptable anlytical methods and their range of i application from Task 3, various generic calculations will be performed ; for longitudinal and circumferential flaws in BWR and PWR piping systems ' to provide input and guidance for establishing licensing criteria in such areas as leak before burst, break opening area, seismically induced LOCA, , and IGSCC.

Related to Licensing Criteria

  • ASAM criteria means admission, continued service, transfer, and discharge criteria for the treatment of substance use disorders as published by the American Society of Addiction Medicine (ASAM).

  • Rating Criteria with respect to any Person, means that (i) the short-term unsecured debt obligations of such Person are rated at least “A-1” by S&P, “P-1” by ▇▇▇▇▇’▇ and “F-1” by Fitch, if deposits are held by such Person for a period of less than one month, or (ii) the long-term unsecured debt obligations of such Person are rated at least “AA-” by S&P, “Aa3” by ▇▇▇▇▇’▇ and “AA-” by Fitch, if deposits are held by such Person for a period of one month or more.

  • Fitch Criteria means the criteria used by Fitch as set out in the reports by Fitch Ratings dated (i) November 28, 2023 and headed "Structured Finance and Covered Bonds Counterparty Rating Criteria" and (ii) November 28, 2023 and headed "Structured Finance and Covered Bonds Counterparty Rating Criteria: Derivative Addendum", each as amended and supplemented from time to time.

  • Servicing Criteria The "servicing criteria" set forth in Item 1122(d) of Regulation AB, as such may be amended from time to time.

  • Review Criteria has the meaning assigned to that term in Section 12.02(b)(i).