Qualification Conditions definition

Qualification Conditions means all the requirements in accordance with applicable law and pursuant to the Company's documents of incorporation for a person to serve as a director of the Company, including security clearance as required in Israel for the purpose of such service, but excluding the conditions for an Independent Director.

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Qualification Conditions shall have the meaning assigned to such term in the Mortgage Loan Agreement.

Qualification Conditions means all the requirements in accordance with applicable law and pursuant to the Company’s incorporation documents for a person to serve as a director of the Company, including security clearance as required in Israel for the purpose of such service;

Examples of Qualification Conditions in a sentence

• On the date of such substitution, the Servicer shall deliver to the Indenture Trustee a certificate stating that such Loan satisfies each of the Substitute Loan Qualification Conditions.

• Alternatively, subject to Section 5.16 hereof, this Guaranty shall terminate upon the earliest to occur of (i) Borrowers’ satisfaction of the Qualification Conditions on or before the Construction Qualification Date, (ii) Borrowers’ payment of the Non-Qualified Mandatory Prepayment, or (iii) Borrowers’ delivery of a Non-Qualified Prepayment Letter of Credit (or a combination of the foregoing clauses (ii) and (iii)).

• In the case of a substitution, the Servicer shall deliver to the Issuer one or more Substitute Loans satisfying the Substitute Loan Qualification Conditions.

• The Parties, through the PPA Sub-Committee, shall discuss and agree on whether the Qualification Conditions are satisfied.

• If the Parties, through the PPA Sub-Committee, cannot agree on whether the Qualification Conditions are satisfied, this shall be determined by an expert panel in accordance with Section 10.4.

• Section 7.2 of the Agreement is amended by adding the following language at the end of the section: "If the Qualification Conditions have been met, the first annual price adjustment shall be effective on July 1, 2018.

• The Participant declares that they have been acquainted with the Qualification Conditions for the ERASMUS+ Programme in the form of ▇▇▇▇▇▇’▇ Directive no.

• As of the related Cut-Off Date, the Substitute Collateral Obligation Qualification Conditions have been satisfied.

• The Purchaser shall notify Koor and the Company, in advance and in writing, of the names of said candidates who meet the Qualification Conditions, and all no later than 30 days before the Transaction Completion Date.

• The proceeds of any such disposition shall be deposited in the Principal Collection Account and shall be used to purchase one or more Substitute Loans satisfying the Substitute Loan Qualification Conditions.

More Definitions of Qualification Conditions

Qualification Conditions means, collectively, that (i) the satisfaction of the conditions for the Initial Construction Loan Advance set forth in Section 3.2 hereof shall have occurred, (ii) no Event of Default shall have occurred and be continuing, and (iii) Lender shall have advanced the Initial Construction Loan Advance; provided, however, that if the conditions set forth in the foregoing clauses (i) and (ii) have been satisfied and the failure of Lender to have advanced the Initial Construction Loan Advance is due to no fault of Borrowers or any Affiliate thereof, then the Qualification Conditions shall be deemed satisfied notwithstanding that the Initial Construction Loan Advance has not actually been advanced.

Qualification Conditions means that (A) each Access Fee Payment has been made by the earlier of (i) June 30, 2018 or (ii) within sixty (60) days of invoice date for such Access Fee Payment, (B) the Summary Report Payment is made within sixty (60) days of invoice for such payment, and (C) the Qualification Quote has not been terminated prior to completion of, or payment for, all Access Fee Payments and the Summary Report Payment listed in Section 3.1 of the Qualification Quote. For the avoidance of doubt, the Access Fee Payments do not include the Summary Report Payment.

Qualification Conditions means (i) the Parties’ mutual confirmation (acting reasonably) of (a) qualification of the IQ7XS inverter achieved in accordance with Exhibit J of the MSA; (b) completion of pre-certification tests of the PVS6, using the PVS6 Components listed in Exhibit B of the MSA, and scheduling of shipment of the unit to UL for certification testing; and (c) successful commissioning of five alpha sites based on the PVS6 and IQ7XS microinverters.

Qualification Conditions means all the requirements in accordance with applicable law and pursuant to the Company's incorporation documents for a person to serve as a director of the Company,

Qualification Conditions means that (A) each Access Fee Payment has been made by the earlier of (i) June 30, 2018 or (ii) within sixty (60) days of invoice date for such Access Fee Payment, (B) the Summary Report Payment is made within sixty (60) days of invoice for such payment, and (C) the Qualification Quote has not been terminated prior to completion of, or payment for, all Access Fee Payments and the Summary Report Payment listed in Section 3.1 of the Qualification Quote. For the avoidance of doubt, the Access Fee Payments do not include the Summary Report Payment. "Access Fee Payment(s)" shall mean all Manufacturing Process Development Access Fee payments listed in Section 3.1 of the Qualification Quote and all costs, fees and expenses payable by Client pursuant to, or incurred by Client under, the Qualification Quote.

Qualification Conditions means all the requirements in accordance with applicable law and pursuant to the Company's incorporation documents for a person to serve as a director of the Company, including security clearance as required in Israel for the purpose of such service; "Core Shares "means 4,462,764 Shares, constituting all the Shares that are held by Koor and/or Elbit on 27 December 2004, the date specified in the preamble to this Deed, together with all the bonus shares that may be issued in the future in respect thereof and together with all the Shares that are acquired on issue by virtue of rights that are vested in the context of a rights offering of the Company to its shareholders in respect of those Shares.