Reservation Conditions definition

Reservation Conditions means, with respect to any Net Debt Securities Proceeds, (i) the sum of (A) the aggregate amount of Net Debt Securities Proceeds theretofore applied to redeem Existing Holdings Senior Notes Due 2005 and/or 2007 (without prior reservation to either the Existing Holdings Senior Notes Redemption Collateral Account or the Existing Holdings Senior Notes Redemption Sublimit) plus (B) the aggregate amount of Net Debt Securities Proceeds theretofore deposited in the Existing Holdings Senior Notes Redemption Collateral Account (and not theretofore released to repay Loans) plus (C) the aggregate amount of Net Debt Securities Proceeds theretofore reserved in the Existing Holdings Senior Notes Redemption Sublimit (and not theretofore released to repay Loans), plus (D) the aggregate amount of Net Debt Securities Proceeds then proposed to be deposited in the Existing Holdings Senior Notes Redemption Collateral Account and/or reserved within the Existing Holdings Senior Notes Redemption Sublimit, does not exceed $650,000,000; (ii) after giving effect to the proposed application of such Net Debt Securities Proceeds, the Revolving Loan Commitments shall exceed the Total Utilization of Revolving Loan Commitments by at least $250,000,000; (iii) in the case of Net Debt Securities Proceeds arising from the issuance of New Senior Debt, after giving effect to the issuance of such New Senior Debt and the proposed application of the Net Debt Securities Proceeds arising therefrom, the Consolidated Senior Secured Leverage Ratio is less than 2.85:1.00.
Sample 1
Reservation Conditions refers to the current terms and conditions, the information and conditions listed in the relevant company brochure and/or official website, and other information or conditions that form the express terms of the agreement you will sign with the company.
Sample 1
Reservation Conditions means, with respect to any Net Debt Securities Proceeds, (i) the sum of (A) the aggregate amount of Net Debt Securities Proceeds and Revolving Loans theretofore applied to repay, repurchase or redeem Existing Holdings Senior Notes Due 2005 and/or 2007 (without prior reservation to either the Existing Holdings Senior Notes Redemption Collateral Account or the Existing Holdings Senior Notes Redemption Sublimit) plus (B) the aggregate amount of Net Debt Securities Proceeds theretofore deposited in the Existing Holdings Senior Notes Redemption Collateral Account (and not theretofore released to repay Loans) plus (C) the aggregate amount of Net Debt Securities Proceeds theretofore reserved in the Existing Holdings Senior Notes Redemption Sublimit (and not theretofore released to repay Loans), plus (D) the aggregate amount of Net Debt Securities Proceeds then
Sample 1

Examples of Reservation Conditions in a sentence

  • Latest Delivery TimeLatest Delivery Time of the last ITU to be loaded onto a train.MADTime of Availability of first ITU to be unloaded from a train.Reservation Reservation Conditions FurrowsReservation corresponds to the order placed by the Client to remit one or several ITU at a train’s departure, on a given day of running of this train.

  • Seller shall maintain all insurance coverage for the Property until the Termination of the Reservations in the types and amounts set forth in the Reservation Conditions.

  • The Reservation Conditions shall also be stated in the Conveyance Documents.

  • If the Buyer identifies more than seven hundred and fifty (750) acres as Deferred Parcels, then Seller may, within ten (10) days of its receipt of written notice from the Buyer identifying the Deferred Parcels, elect to terminate the Agreement and, upon payment to Buyer of 4.3 (c), (d) and (e), and 5.3 and 5.4 below and Sections 12 and 20 of the Reservation Conditions.

  • Bill of Sale conveying to Buyer all of Seller's right, title and interest in and to the Personal Property ("Bill of Sale"), subject to the Reservations and Reservation Conditions.

  • Seller shall assign the Leases to Buyer by an assignment or assignments, subject to the Reservations, the Reservation Conditions, and Permitted Exceptions.

  • Seller's rights under the Reservations shall be subject to conditions more specifically set forth in EXHIBIT J, attached hereto as a part hereof (the "Reservation Conditions").

  • Seller's rights under the Reservations shall be subject to conditions more specifically set forth in EXHIBIT J, attached hereto as a part hereof -26- 31 (the "Reservation Conditions").

  • After Closing, Xxxxxx's possession and use of the Property shall be in accordance with the Reservation Conditions.

  • LDTLatest Delivery Time of the last ITU to be loaded onto a train.MAD or Time of AvailabilityTime of Availability of first ITU to be unloaded from a train.Reservation Reservation Conditions FurrowsReservation corresponds to the order placed by the Client to remit one or several ITU at a train’s departure, on a given day of running of this train.

Related to Reservation Conditions

  • Litigation Conditions has the meaning set forth in Section 11.3.

  • Extension Conditions Defined in Section 3.06(a).

  • Termination Conditions means, collectively, (a) the payment in full in cash of the Obligations (other than (i) contingent indemnification obligations not then due and (ii) Obligations under Secured Hedge Agreements and Secured Cash Management Agreements) and (b) the termination of the Commitments and the termination or expiration of all Letters of Credit under this Agreement (unless the Outstanding Amount of the L/C Obligations related thereto has been Cash Collateralized on terms reasonably acceptable to the applicable Issuing Bank, backstopped by a letter of credit reasonably satisfactory to the applicable Issuing Bank or deemed reissued under another agreement reasonably acceptable to the applicable Issuing Bank).

  • Step Down Conditions As of any Distribution Date on which any decrease in any Senior Prepayment Percentage may apply, (i) the outstanding Principal Balance of all Mortgage Loans 60 days or more Delinquent (including Mortgage Loans in REO and foreclosure), averaged over the preceding six month period, as a percentage of the aggregate of the Class Certificate Principal Balances of the Classes of Subordinate Certificates on such Distribution Date, does not equal or exceed 50% and (ii) cumulative Realized Losses with respect to all of the Mortgage Loans do not exceed: · for any Distribution Date on or after the seventh anniversary until the eighth anniversary of the first Distribution Date, 30% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the eighth anniversary until the ninth anniversary of the first Distribution Date, 35% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the ninth anniversary until the tenth anniversary of the first Distribution Date, 40% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the tenth anniversary until the eleventh anniversary of the first Distribution Date, 45% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, and · for any Distribution Date on or after the eleventh anniversary of the first Distribution Date, 50% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date.

  • Distribution Conditions means, with respect to any Restricted Payment or Restricted Junior Debt Prepayment, the following:

  • Review Conditions means (i) the Delinquency Percentage for any Payment Date exceeds the Delinquency Trigger for that Payment Date and (ii) the Noteholders or Note Owners, as applicable, have voted, pursuant to Section 2.03(d) of the Receivables Purchase Agreement, to direct an Asset Representations Review of the Subject Receivables.

  • Specific Conditions means the conditions in addition or in variation to the general conditions which the Commission may lay down specifically for a distribution licensee;

  • Mortgage Conditions means the mortgage conditions booklet reference MORT 0154 MAY 13 HF;

  • LC Conditions has the meaning given to such term in Section 2.9.

  • Minimum Condition has the meaning set forth in Annex I.

  • Release Conditions mean the following conditions: (i) Company has received the Executive’s executed Release and (ii) any rescission period applicable to the Executive’s executed Release has expired.

  • Normal Operating Conditions means those Service conditions which are within the control of Grantee. Those conditions which are not within the control of Grantee include, but are not limited to, natural disasters, civil disturbances, power outages, telephone network outages, and severe or unusual weather conditions. Those conditions which are ordinarily within the control of Grantee include, but are not limited to, special promotions, pay-per-view events, rate increases, regular peak or seasonal demand periods, and maintenance or upgrade of the Cable System.

  • Payment Conditions means, at the time of determination with respect to a proposed payment to fund a Specified Transaction, that:

  • Funding Conditions With respect to any proposed Funding Date, the following conditions:

  • Minimum Tender Condition shall have the meaning provided in Section 2.15(b).

  • Redemption Conditions means, with respect to any payment of cash in respect of the principal amount of any Permitted Convertible Debt, satisfaction of each of the following events: (a) no Default or Event of Default shall exist or result therefrom, and (b) both immediately before and at all times after such redemption, Borrower’s Qualified Cash shall be no less than the sum of 150% of the outstanding Secured Obligations plus the Qualified Cash A/P Amount.

  • Offer Conditions has the meaning set forth in Section 1.01(b).

  • Escrow Release Conditions means, collectively, the conditions set forth in Section 4.3.

  • Minimum Extension Condition has the meaning specified in Section 2.15(b).

  • Extension Minimum Condition means a condition to consummating any Extension that a minimum amount (to be determined and specified in the relevant Extension Request, in the Borrower’s sole discretion) of any or all applicable Classes be submitted for Extension.

  • Terms & Conditions means the Special Conditions of Contract and General Conditions of Contract herein mentioned and other stipulations incorporated in any part of Tender Document and /or Agreement.

  • Licence Conditions means the licence terms and conditions contained in this document, as amended from time to time in accordance with this agreement.

  • Refinancing Conditions the following conditions for Refinancing Debt: (a) it is in an aggregate principal amount that does not exceed the principal amount of the Debt being extended, renewed or refinanced; (b) it has a final maturity no sooner than, a weighted average life no less than, and an interest rate no greater than, the Debt being extended, renewed or refinanced; (c) it is subordinated to the Obligations at least to the same extent as the Debt being extended, renewed or refinanced; (d) the representations, covenants and defaults applicable to it are no less favorable to Borrowers than those applicable to the Debt being extended, renewed or refinanced; (e) no additional Lien is granted to secure it; (f) no additional Person is obligated on such Debt; and (g) upon giving effect to it, no Default or Event of Default exists.

  • Product Conditions means these product terms and conditions. These Product Conditions apply to each series of cash settled Warrants over single equities;

  • Equity Conditions means, during the period in question, (a) the Company shall have duly honored all conversions and redemptions scheduled to occur or occurring by virtue of one or more Notices of Conversion of the Holder, if any, (b) the Company shall have paid all liquidated damages and other amounts owing to the Holder in respect of this Note, (c)(i) there is an effective Registration Statement pursuant to which the Holder is permitted to utilize the prospectus thereunder to resell all of the shares of Common Stock issuable pursuant to the Transaction Documents (and the Company believes, in good faith, that such effectiveness will continue uninterrupted for the foreseeable future) or (ii) all of the Conversion Shares issuable pursuant to the Transaction Documents (and shares issuable in lieu of cash payments of interest) may be resold pursuant to Rule 144 without volume or manner-of-sale restrictions or current public information requirements as determined by the counsel to the Company as set forth in a written opinion letter to such effect, addressed and acceptable to the Transfer Agent and the Holder, (d) the Common Stock is trading on a Trading Market and all of the shares issuable pursuant to the Transaction Documents are listed or quoted for trading on such Trading Market (and the Company believes, in good faith, that trading of the Common Stock on a Trading Market will continue uninterrupted for the foreseeable future), (e) there is a sufficient number of authorized but unissued and otherwise unreserved shares of Common Stock for the issuance of all of the shares then issuable pursuant to the Transaction Documents, (f) there is no existing Event of Default and no existing event which, with the passage of time or the giving of notice, would constitute an Event of Default, (g) the issuance of the shares in question (or, in the case of an Optional Redemption or Monthly Redemption, the shares issuable upon conversion in full of the Optional Redemption Amount or Monthly Redemption Amount) to the Holder would not violate the limitations set forth in Section 4(d) and Section 4(e) herein, (h) there has been no public announcement of a pending or proposed Fundamental Transaction or Change of Control Transaction that has not been consummated, (i) the applicable Holder is not in possession of any information provided by the Company, any of its Subsidiaries, or any of their officers, directors, employees, agents or Affiliates, that constitutes, or may constitute, material non-public information, (j) for each of the twenty (20) Trading Days prior to the applicable date in question, the closing price of the Common Stock on the principal Trading Market is at least equal to the Floor Price plus an eight percent (8%) premium (as defined below), (k) the average daily dollar volume of for the Common Stock on the principal Trading Market for the twenty (20) Trading Days prior to the applicable date in question exceeds $200,000, and (l) the Company has timely filed (exclusive of any grace period) all of its SEC Reports during the time period in question. 3

  • Unsafe condition as used in this clause means the actual or potential exposure of contractor or Government employees to a hazardous material as defined in Federal Standard No. 313, and any revisions thereto during the term of this contract, or any other material or working condition designated by the Contracting Officer's Technical Representative (COTR) as potentially hazardous and requiring safety controls.