Qualifying terms definition
Qualifying terms shall refer to those academic quarters (fall, winter, spring) that count for benefit, benefits-eligible adjunct status, and salary increments for adjunct faculty. The use of “qualifying term” does not exclude adjunct faculty from the bargaining unit or the enjoyment of rights and privileges otherwise provided for in the collective bargaining agreement during non-qualifying terms.
Qualifying terms means on a consignment basis or on terms requiring payment no earlier than the date [***] after the receipt by the "Center" (as defined in the Merchandiser Agreement) of the applicable product items;
Qualifying terms means, with respect to any Debt, each of the following terms: (i) such Debt does not mature prior to the Outside Date in effect as of the date such Debt is incurred, (ii) no payments with respect to such Debt (including without limitation scheduled amortization payments and mandatory prepayments) are required to be made prior to the Outside Date in effect as of the date such Debt is incurred (other than regularly scheduled interest payments with respect thereto), (iii) the terms and conditions governing such Debt (including without limitation covenants and events of default) are no more restrictive in any material respect than the terms and conditions applicable to the Loans and (iv) such Debt is subordinated to the Loans (or the Guaranty thereof pursuant to Article 9, as applicable) in an insolvency proceeding to the prior payment in full of the Loans (or the payment in full of the Guaranty of the Loans, as the case may be) and is otherwise subordinated to the Loans (or to the Guaranty thereof pursuant to Article 9, as applicable), pursuant to subordination arrangements reasonably satisfactory to the Administrative Agent.
More Definitions of Qualifying terms
Qualifying terms means, with respect to any Debt, each of the following terms: (i) such Debt does not mature prior to the Outside Date, (ii) no payments with respect to such Debt (including without limitation scheduled amortization payments and mandatory prepayments) are required to be made prior to the Outside Date (other than regularly scheduled interest payments with respect thereto), (iii) the terms and conditions governing such Debt (including without limitation covenants and events of default) are no more restrictive in any material respect than the terms and conditions applicable to the Loans and (iv) such Debt is subordinated to the Loans (or the Guaranty thereof pursuant to Article 9, as applicable) in an insolvency proceeding to the prior payment in full of the Loans (or the payment in full of the Guaranty of the Loans, as the case may be) and is otherwise subordinated to the Loans (or to the Guaranty thereof pursuant to Article 9, as applicable), pursuant to subordination arrangements reasonably satisfactory to the Agent.