Qualifying Term definition

Qualifying Term means (a) with respect to any LNG SPA replacing an LNG SPA that was previously a Qualifying LNG SPA, a term at least as long as the remaining term of the Initial LNG SPA it is replacing and (b) with respect to any other Qualifying LNG SPA, the term of such LNG SPA used in relevant Projected Fixed DSCR calculation when determining the quantum of Senior Debt that could be incurred based on the revenues projected to be generated under such LNG SPA.
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Qualifying Term means a term that does not expire before the expected amortization term of the Senior Debt pursuant to the Base Case Forecast.
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Qualifying Term means the twenty-four (24) months following, or the six (6) months preceding, a Change in Control.
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Examples of Qualifying Term in a sentence

  • Rates and other terms and conditions of a Qualifying Term Deposit Account may vary from credit union to credit union.

  • Participating credit unions will establish Qualifying Term Deposit Accounts.

  • Automatic Entries: An eligible member of a participating credit union automatically receives Raffle entries based upon the following: Central Monthly and Quarterly Prize Drawings: One (1) entry for every $25 increase in the monthly balance for the member in a Qualifying Term Deposit Account at month’s end, with a maximum of ten (10) entries per month per member.

  • The 364-Day Tranche Commitments shall automatically and immediately be reduced (to the extent thereof) by the amount of (i) 100% of the Net Cash Proceeds received by the Borrower or any Subsidiary from any Debt Issuance, Equity Issuance or Asset Sale on or after the Effective Date but prior to the Term Funding Date and (ii) 100% of the commitments in respect of any Qualifying Term Loan Facility immediately upon the effectiveness of the definitive documentation in respect thereof.

  • Participating members may deposit unlimited funds in a Qualifying Term Deposit Account, with an unlimited number of deposits, provided that prize entries and eligibility are limited as set forth in these rules.

  • A participating member may make a maximum of one (1) withdrawal from their Qualifying Term Deposit Account during any twelve (12) month period, with an early withdrawal penalty fee of $25.

  • The Borrower further agrees to deliver to the Administrative Agent not less than one Business Day prior to the effectiveness of a Qualifying Term Loan Facility a certificate of an Authorized Officer setting forth the committed amount of such Qualifying Term Loan Facility, the expected effective date of such Qualifying Term Loan Facility and confirming that such Qualifying Term Loan satisfies the requirements of Section 2.08(b)(iii) above.

  • The Applicable Discount shall be applicable for all Term Lenders who have offered to participate in the Voluntary Discounted Prepayment and have Qualifying Term Loans (as defined below).

  • More than one (1) withdrawal within any twelve (12) month period will result in the disqualification of the participating member’s Qualifying Term Deposit Account from consideration for subsequent prizes and the participating member’s forfeiture of any and all entries for monthly and quarterly prizes and will result in the closure of the Qualifying Term Deposit Account.

  • Once a Qualifying Term Deposit Account of an accountholder has been closed, there will be a 6 month waiting period before that accountholder can open a new Qualifying Term Deposit Account.


More Definitions of Qualifying Term

Qualifying Term means (a) with respect to the Initial LNG SPAs, a term at least longer than the expected amortization term of the Initial Senior Debt, (b) with respect to any LNG SPA replacing an LNG SPA that was previously a Qualifying LNG SPA, a term at least as long as the remaining term of the Initial LNG SPA it is replacing and (c) with respect to any other Qualifying LNG SPA, the term of such LNG SPA used in the relevant Projected Fixed DSCR calculation when determining the quantum of Senior Debt that could be incurred based on the revenues projected to be generated under such LNG SPA.
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Qualifying Term means (a) with respect to any new LNG SPA that meets the conditions to be, or is approved as, a Qualifying LNG SPA, the term of such LNG SPA is no shorter than the lesser of (i) 12 years and (ii) the remaining notional 20- year amortization term of the Upsized Senior Debt or (b) with respect to any LNG SPA replacing a Qualifying LNG SPA, a term at least as long as the remaining term of the Qualifying LNG SPA it is replacing.
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Qualifying Term means the period in which the Business Improvement Zone is authorized to operate and to impose and collect assessments, including the initial Qualifying Term established by the adoption of the Initial Zone Plan and any later Qualifying Terms established by the adoption of any later Zone Plans.
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Qualifying Term means with respect to the Palladium Sales Contract, any continuous period during the term of such agreement (including any extensions thereof) during which the floor price for palladium shall be at least US$325/oz. (if on or before June 30, 2005) and at least US$300/oz. (at any time after June 30, 2005) at all times thereunder. (173) Real Estate is defined in Section 6.9 (174) Release means any release, threatened release, spill, emission, leaking, pumping, pouring, emitting, emptying, escape, injection, deposit, disposal, discharge, dispersal, dumping, leaching or migration of Hazardous Material in the indoor or outdoor environment, including the movement of Hazardous Material through or in the ambient air, soil, surface water, ground water, wetlands, land or subsurface strata.
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Related to Qualifying Term

  • Qualifying Termination means a termination of the Executive’s employment either (i) by a Company Group member without Cause (excluding by reason of Executive’s death or Disability) or (ii) by the Executive for Good Reason, in either case, during the Change in Control Period (a “Qualifying CIC Termination”) or outside of the Change in Control Period (a “Qualifying Non-CIC Termination”).

  • Qualified Termination means the Executive’s employment by the Company is terminated, (i) by the Executive for Good Reason or (ii) by the Company for any reason other than for Cause, death, Disability, or retirement at or after age 65.

  • Date of Termination means the date of receipt of the Notice of Termination or any later date specified therein, as the case may be; provided, however, that (i) if the Executive's employment is terminated by the Company other than for Cause or Disability, the Date of Termination shall be the date on which the Company notifies the Executive of such termination and (ii) if the Executive's employment is terminated by reason of death or Disability, the Date of Termination shall be the date of death of the Executive or the Disability Effective Date, as the case may be.

  • Change in Control Period means the period beginning three (3) months prior to a Change in Control and ending twelve (12) months following a Change in Control.

  • Benefit Period means the period of time from the date of the Accident causing the Injury for which benefits are payable, as shown in the Schedule of Benefits, and the date after which no further benefits will be paid.