Onerous Conditions definition

Onerous Conditions has the meaning given to it in paragraph 1 of Part 1 of Schedule 8 Tax” has a corresponding meaning “Outstanding Interests” the leasehold interests in the existing leasehold accommodation at the Development Area which:
Onerous Conditions means Council's Onerous Conditions and/or Partner's Onerous Conditions
Onerous Conditions means conditions that would require Parent to (A) accept or offer to accept an order providing for the divestiture by Parent or the Surviving Partnership of more than 7.5% of the assets, or assets that generate more than 7.5% of the earnings before interest, taxes, depreciation and amortization, of the General Partner, the Partnership and the Partnership Subsidiaries taken as a whole, or Parent and its affiliates taken as a whole, (B) offer or agree to hold separate such assets, pending divestiture, or (C) agree to any other material conditions, restrictions or limitations on the material operations or businesses of the General Partner, the Partnership and the Partnership Subsidiaries taken as a whole or Parent and its affiliates taken as a whole.

Examples of Onerous Conditions in a sentence

  • Notwithstanding the foregoing, nothing contained herein shall require any party, any of their respective Affiliates, UGC or any UGC Subsidiary to agree to any Onerous Conditions.

  • In particular, this includes satisfying the "Planning Condition", by the LLP obtaining a "Satisfactory Planning Permission" for the 'Site, being a planning permission which is free from both "Onerous Conditions" and any risk of legal challenge.

  • If Planning Permission is granted, the Developer is to notify the Council in writing within four weeks after the later of the Permission Date for the SW2 Enterprise Centre Planning Permission and the Permission Date for the Surplus Property Planning Application whether it considers that: the Planning Permission contains Surplus Property Onerous Conditions; or the Planning Permission is a Satisfactory Surplus Property Planning Permission.

  • Any approvals required under the HSR Act shall have been obtained, or the waiting period required thereby shall have expired or otherwise been terminated without the imposition of any Onerous Conditions, and no action shall have been taken or threatened in writing by the Department of Justice or the Federal Trade Commission (as applicable) challenging or seeking to enjoin the transactions contemplated under this Agreement.

  • Following the grant of a Listed Building Consent the Council may waive: its right to object to the terms of the Listed Building Consent because of the presence of any Onerous Condition(s) by serving written notice to this effect on the Developer; and the provisions of paragraph 2.2 of this Part 2 of the Schedule.


More Definitions of Onerous Conditions

Onerous Conditions has the meaning given to it in paragraph 5.4 of Part 1 of Schedule 1 “Option to Tax” an option to tax the Site and all Surplus Property pursuant to Part 1 Schedule 10 to the VATA and “Opted to Tax” has a corresponding meaning.
Onerous Conditions has the meaning given to it in paragraph 1 of Part 2 of Schedule 8Outline Specification” the outline specification for the DevelopmentPayment Date” the date falling 10 working days after the Valuation DatePlanning Act” the Town and Country Planning ▇▇▇ ▇▇▇▇
Onerous Conditions has the meaning given to it in Part 2 of this Schedule.
Onerous Conditions means (unless waived by LUL) any condition of the Planning Permission (or any term of any related Planning Agreement) insofar as it relates to the development of the First Property which:
Onerous Conditions means any of the conditions listed in the Second Schedule provided that any condition shall not be an onerous condition within this definition (notwithstanding the terms of the conditions listed in the Second Schedule) if they are conditions to the Outline Planning Permission.
Onerous Conditions has the meaning given to it in paragraph 1 of Works described in Schedule 6
Onerous Conditions means any condition which has the effect of:-