PERMITTED SOURCES definition

PERMITTED SOURCES means, so long as no Event of Default shall have occurred and be continuing, the following sources (so long as the funds from any such source has not been provided for or otherwise allocated to another purpose in accordance with the terms hereof):
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PERMITTED SOURCES means the following:
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PERMITTED SOURCES means, so long as no Event of Default shall have occurred and be continuing, (a) funds received by the Borrower after the Closing Date in respect of the issuance of common equity of the Borrower which are not required to prepay the Loans in accordance with Section 2.9 and are on deposit in the Sales and Issuances Proceeds Account (b) funds available in the Capital Expenditure Account if such funds are being used pursuant to Section 6.16(b), (c) on and after the S&J Savings Declaration Date, funds available in the Capital Expenditure Account, if (i) such funds are being used pursuant to Section 6.16(a) or 6.22 or for Permitted Upgrades, and (ii) the Administrative Agent shall have received a certificate of a Responsible Officer of the Borrower certifying (A) the particular uses of such funds and (B) that the use of such funds will create a benefit to the Borrower or an improvement to the FLAG System and could not reasonably be expected to have an adverse effect on the ability of the Borrower to perform its obligations under the Financing Documents to which it is a party, (d) funds actually made available to the Borrower for its sole benefit in accordance with clause ninth of Section 8.10(b) and which are being maintained on deposit in the Permitted Sources Account (or, if such amounts are not on deposit therein, such funds have been committed to on terms and pursuant to documentation satisfactory to the Administrative Agent) or (e) funds made available by parties other than the Borrower and its Subsidiaries without any recourse to the Borrower, its assets (other than to Capacity to the extent conveyed in accordance with the terms of this Agreement), any of its Subsidiaries or their respective assets or any portion of the Project and which funds are being maintained on deposit in the Permitted Sources Account (or, if such amounts are not on deposit therein, such funds have been committed to on terms and pursuant to documentation satisfactory to the Administrative Agent), and in each case the use of such funds has not been provided for or otherwise allocated to another purpose in accordance with the terms of this Agreement.
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Examples of PERMITTED SOURCES in a sentence

  • Client will be required to reconfigure the DNS Servers to only answer queries from Permitted Sources.

  • If FWC determines that a Client is operating what is commonly known as an Open DNS Resolver or open DNS Proxy which is one that answers queries from sources other than Permitted Sources, FWC reserves the right to block at any time the affected traffic without any notice to the Client.


More Definitions of PERMITTED SOURCES

PERMITTED SOURCES means Permitted Borrowings referred to in paragraphs (b), (c) and (e) of the definition of "Permitted Borrowings", the proceeds from the issue by Partner of share capital and Excess Cash Flow;
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PERMITTED SOURCES means: -----------------
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PERMITTED SOURCES means any of the sources detailed in paragraphs (a)-(e) of clause 16.27.2, as amended pursuant to paragraph 2.4 below; and (ii) "SCHEDULE 4.6 AMOUNTS" shall mean amounts of Paid-in Equity invested in the Borrower or of wafer prepayments under Qualifying Wafer Prepayment Contracts received by the Borrower, in each case, in accordance with the undertakings referred to in clauses 4.6 and 16.27.1 of the Facility Agreement, from the entities referred to in clause 4.6 and otherwise in accordance with Schedule 4.6 and clause 16.27.1 of the Facility Agreement.
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Related to PERMITTED SOURCES

  • Approved Source means Cisco or a Cisco authorized reseller, distributor or systems integrator.

  • permitted client means any of the following:

  • Permitted Recipients means the parties to this agreement, the employees of each party and any third parties engaged to perform obligations in connection with this Agreement;

  • Nonaffiliated third party means any person except:

  • Permitted Affiliate means with respect to any Person (a) any Person that directly or indirectly controls such Person, and (b) any Person which is controlled by or is under common control with such controlling Person. As used in this definition, the term “control” of a Person means the possession, directly or indirectly, of the power to vote eighty percent (80%) or more of any class of voting securities of such Person or to direct or cause the direction of the management or policies of a Person, whether through the ownership of voting securities, by contract or otherwise.

  • Permitted Entity means with respect to a Qualified Stockholder (a) a Permitted Trust (as defined below) solely for the benefit of (i) such Qualified Stockholder, (ii) one or more Family Members of such Qualified Stockholder and/or (iii) any other Permitted Entity of such Qualified Stockholder, or (b) any general partnership, limited partnership, limited liability company, corporation or other entity exclusively owned by (i) such Qualified Stockholder, (ii) one or more Family Members of such Qualified Stockholder and/or (iii) any other Permitted Entity of such Qualified Stockholder.

  • Minor source means any sta- tionary source that does not meet the definition of major stationary source in paragraph (b)(1) of this section for any pollutant at the time the PAL is issued.

  • Qualified third party means 1 or more of the following:

  • Mobile source means a motor vehicle, nonroad engine, or nonroad vehicle. A motor vehicle is a self-propelled vehicle designed for transporting persons or property on a street or highway. A nonroad vehicle is a vehicle powered by a nonroad engine. A nonroad engine is an internal combustion engine that is not used in a motor vehicle or a vehicle used solely for competition, or that is not subject to standards promulgated under section 111 or section 202 of the Act.

  • Permitted Business Investment means any Investment made in the ordinary course of, and of a nature that is or shall have become customary in, the Oil and Gas Business including investments or expenditures for actively exploiting, exploring for, acquiring, developing, producing, processing, gathering, marketing or transporting oil, natural gas or other Hydrocarbons and minerals through agreements, transactions, interests or arrangements which permit one to share risks or costs, comply with regulatory requirements regarding local ownership or satisfy other objectives customarily achieved through the conduct of the Oil and Gas Business jointly with third parties including:

  • Permitted License means any non-exclusive license of patent rights of Borrower or its Subsidiaries so long as all such Permitted Licenses are granted to third parties in the Ordinary Course of Business, do not result in a legal transfer of title to the licensed property, and have been granted in exchange for fair consideration.

  • Permitted User means a person other than an employee of the Company who is authorized by the Company pursuant to and in accordance with Section 2.1(a)(ii) and all applicable Documentation to access and use one or more specific Component Systems.

  • Permitted Group means any group of investors that is deemed to be a "person" (as that term is used in Section 13(d)(3) of the Exchange Act), by virtue of the Stockholders Agreement, as the same may be amended, modified or supplemented from time to time; provided that no single Person (other than the Principals and their Related Parties) Beneficially Owns (together with its Affiliates) more of the Voting Stock of the Company that is Beneficially Owned by such group of investors than is then collectively Beneficially Owned by the Principals and their Related Parties in the aggregate.

  • Permitted Users has the meaning given in Section 16.02;

  • Permitted Country means any country listed on Schedule 4 to the Participation Agreement.

  • Permitted Business Investments means Investments by the Company or any of its Restricted Subsidiaries in any Unrestricted Subsidiary of the Company or in any Joint Venture, provided that:

  • New sources means pervious and impervious urban land uses served by the MS4 developed or redeveloped on or after July 1, 2009.

  • Intrascholastic Activities means athletic or non-athletic/academic activities where students compete with students from within the same school.

  • Permitted Persons means (A) the Company; (B) any Related Party; or (C) any group (as defined in Rule 13b-3 under the Exchange Act) comprised of any or all of the foregoing.

  • Permitted Designee means (i) a spouse or a child of a Permitted Holder, (ii) trusts for the benefit of a Permitted Holder or a spouse or child of a Permitted Holder, (iii) in the event of the death or incompetence of a Permitted Holder, his estate, heirs, executor, administrator, committee or other personal representative or (iv) any Person so long as a Permitted Holder owns at least 50% of the voting power of all classes of the voting stock of such Person.

  • Specified Materials means the basic materials required on the Site for the execution and completion of Works, which shall include fuel and lubricants; cement; aggregates; steel reinforcement; timber and gravel.

  • Independent Third Party means any Person who, immediately prior to a contemplated transaction, does not own in excess of 5% of the Company’s Common Units on a fully-diluted basis (a “5% Owner”), who is not controlling, controlled by or under common control with any such 5% Owner and who is not the spouse or descendant (by birth or adoption) of any such 5% Owner or a trust for the benefit of such 5% Owner and/or such other Persons.

  • Excluded Services has the meaning set forth in Section 2.1(a).

  • Interscholastic Activities means athletic or non-athletic/academic activities where students compete on a school vs. school basis.

  • Permitted Licenses are (A) licenses of over-the-counter software that is commercially available to the public, and (B) non-exclusive and exclusive licenses for the use of the Intellectual Property of Borrower or any of its Subsidiaries entered into in the ordinary course of business, provided, that, with respect to each such license described in clause (B), (i) no Event of Default has occurred or is continuing at the time of such license; (ii) the license constitutes an arms-length transaction, the terms of which, on their face, do not provide for a sale or assignment of any Intellectual Property and do not restrict the ability of Borrower or any of its Subsidiaries, as applicable, to pledge, grant a security interest in or lien on, or assign or otherwise Transfer any Intellectual Property; (iii) in the case of any exclusive license, (x) Borrower delivers ten (10) days’ prior written notice and a brief summary of the terms of the proposed license to Collateral Agent and the Lenders and delivers to Collateral Agent and the Lenders copies of the final executed licensing documents in connection with the exclusive license promptly upon consummation thereof, and (y) any such license could not result in a legal transfer of title of the licensed property but may be exclusive in respects other than territory and may be exclusive as to territory only as to discrete geographical areas outside of the United States; and (iv) all upfront payments, royalties, milestone payments or other proceeds arising from the licensing agreement that are payable to Borrower or any of its Subsidiaries are paid to a Deposit Account that is governed by a Control Agreement.

  • Permitted Activities The primary activities of the trust created pursuant to this Agreement which shall be: