Permitted Conditions definition

Permitted Conditions means, with respect to any Person’s right to convert any obligations into capital stock or to satisfy any retraction, repayment, repurchase or redemption obligations in respect thereof by the issuance of capital stock:

Permitted Conditions means any environmental conditions on the Real Property that would (i) result in liabilities or obligations routinely incurred in connection with the ordinary operation of the business or (ii) adversely affect or reduce the value of the Real Property, in the case of clauses (i) and (ii) above, by no more that $10,000 in the aggregate. If neither of the conditions set forth in clauses (x) and (y) above can be met with respect to any tract of Real Property, Seller shall have the option to exclude such tract of Real Property from the Assets and the Purchase Price shall be reduced by the value of such excluded tract or tracts (as agreed to in good faith by Seller and Buyer).

Permitted Conditions means any environmental conditions on the Real Property that would (i) result in liabilities or obligations routinely incurred in connection with the ordinary operation of the business or (ii) adversely affect or reduce the value of the Real Property, in the case of clauses (i) and (ii) above, by no more that $10,000 in the aggregate. If neither of the conditions set forth in clauses (x) and (y) above can be met with respect to any tract of Real Property, Seller shall have the option to exclude such tract of Real Property from the Assets and the Purchase Price shall be reduced by the value of such excluded tract or tracts (as agreed to in good faith by Seller and Buyer).

Examples of Permitted Conditions in a sentence

• Permitted Conditions for Trust Agreements Qualified under KRS 304.5-140(3).

• Permitted; Conditions: Private lanes will be permitted only when terrain or other geographical conditions do not permit any other standard street development.

• Based on the school trip distribution pattern described above, which are based on the existing enrollment of 880 students, the school contribution to intersection volumes under Baseline Permitted Conditions (with currently permitted enrollment of 844 students) and Permitted Plus Project Conditions (with proposed enrollment of 906 students) was extrapolated based on the proportional change in enrollment under each scenario.

• The sale and purchase of the Call Option Shares or Put Option Shares shall be completed seven (7) Business Days after the date of the satisfaction or waiver of all Permitted Conditions (the “Transfer Date”).

• The Company shall use its reasonable efforts to satisfy any Permitted Conditions as soon as practicable after the date of the Call Option Notice.

• Reimbursement and Section 17.28.050, Reimbursement For Onsite or Offsite Improvements Permitted; Conditions and Limitations on property located generally at 580 South 800 West.

• If any of the Permitted Conditions is not satisfied or waived ninety (90) Business Days, or in the case of a regulatory approval, one hundred and fifty (150) Business Days, after service of either the Call Option Notice or the Put Option Notice, such notice shall lapse.

• The Company shall use its reasonable efforts to satisfy any Permitted Conditions as soon as practicable after the date of the Put Option Notice.

• MATT BLUNT (1/29/03)Secretary of StateCODE OF STATE REGULATIONS 5 20 CSR 200-2—DEPARTMENT OF INSURANCEDivision 200—Financial Examination(C) Permitted Conditions.

• TRANSFER The sale of the Shares in accordance with this Clause shall be made on the following terms: 12.8.1 if any of the Permitted Conditions to the Acceptance Notice or the Offer is not satisfied or waived 60 Business Days (or, in the case of a regulatory approval, 120 Business Days) after service of the Acceptance Notice or acceptance of the Offer, then that Notice or that Offer, as appropriate, shall lapse.