Offset Condition definition

Offset Condition has the meaning given in the EO Act.
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Offset Condition. On any date of determination shall be satisfied, so long as (i) the aggregate outstanding Purchase Prices of all Purchased Receivables at such time related to any Account Debtor and its Affiliates (on a combined basis) does not exceed (ii) 90% of (x) the aggregate outstanding principal balance of all receivables payable at such time by such Account Debtor (whether or not such receivables are Purchased Receivables hereunder), minus (y) the aggregate amounts of principal and interest, if any, at such time in respect of any amounts which are subject to payment by (whether or not then due and payable) the Seller or any of its Affiliates (on an aggregate basis), to or for the account of such Account Debtor (and any of its Affiliates (on a combined basis).
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Offset Condition has the meaning given in the EO Act. Operational Work has the meaning given under Planning Act. Owner has the meaning given under Planning Act. Planning Act means the Planning ▇▇▇ ▇▇▇▇. Proponent-Driven Offset has the meaning given by the EO Act.
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Examples of Offset Condition in a sentence

  • C Unless otherwise specified in this agreement, the notice details of the Administering Agency are as follows: ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ Attention: Chief Executive Officer Background A The Authority includes the Authority Offset Condition which allows staged delivery of the B The Entity has given the Administering Agency the Notice of Election and the Offset Delivery Plan for the Relevant Stages.

  • C The Administering Agency has given the Notice of Decision to the Entity which requires the Entity to enter into an agreed delivery arrangement about the delivery of the Authority Offset Condition.

  • C Unless otherwise specified in this agreement, the notice details of the Administering Agency are as follows: ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ Attention: Chief Executive Officer Background A The Authority includes the Authority Offset Condition.

  • D Pursuant to the Notice of Decision, part of the Authority Offset Condition is to be delivered on land owned by the Offset Landowner.

  • D Pursuant to the Notice of Decision, all/part of the Authority Offset Condition is to be delivered on land owned by the Offset Landowner.


More Definitions of Offset Condition

Offset Condition. On any date of determination shall be satisfied, so long as (i) the aggregate outstanding Purchase Prices of all Purchased Receivables at such time related to any Account Debtor and its Affiliates (on a combined basis) does not exceed (ii) 90% of (x) the aggregate outstanding principal balance of all receivables payable at such time by such Account Debtor (whether or not such receivables are Purchased Receivables hereunder), minus (y) the
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Offset Condition. On any date of determination shall be satisfied, so long as (i) the aggregate outstanding Purchase Prices of all Purchased Receivables at such time related to any
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