Settlement Conditions definition

Settlement Conditions means each of (i) Final Court Approval; (ii) receipt by the Trustee of a REMIC Tax Opinion; and (iii) receipt by the Trustee of Settlement Advice/Opinions satisfactory to the Trustee.
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Settlement Conditions means, with respect to any Award, that the Participant who holds such Award does not engage in any Competitive Activity or any Soliciting Activity.
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Settlement Conditions shall have the meaning set forth in Sections 2.1 through 2.3.
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Examples of Settlement Conditions in a sentence

  • Claims Settlement Conditions The following claims conditions are specific to Legal Expenses Insurance: 1 Consent Our consent to pay Legal Expenses must be obtained in writing.

  • Settlement Conditions Either cash settlement or physical delivery of the underlying takes place on the expiration date: If the market value of the underlying on expiration is higher than the strike price, you are paid a specified cash amount as settlement.

  • Such Noteholders are reminded that provided this is followed and, subject to the Exchange Settlement Conditions, the cash portion of the Exchange Consideration would be credited to such specified account on the Settlement Date.

  • Medium-term open access.(3) Settlement Conditions: The settlement of contracts transacted in the OTC Market shall be only by physical delivery of electricity.

  • If a holder of Existing Stock as of the Existing Stock Record Date satisfies the Existing Stock Settlement Conditions, such holder shall receive, in exchange for the surrender or cancellation of its Interests, discharge of any Subordinated Claims without distribution, and release by such holder of the Released Parties as provided in Section 10.7 of the Plan, its pro rata share of the Existing Stock Cash and a Contingent Value Right on a per share (of Existing Stock) basis.

  • On the Effective Date, the Liquidating Trust Assets shall automatically vest in the Liquidating Trust for the benefit of holders of Existing Stock as of the Existing Stock Record Date that satisfy the Existing Stock Settlement Conditions, and such transfer shall be exempt from any stamp, real estate transfer, mortgage reporting, sales, use or other similar tax.

  • It is important that you comply with all policy conditions and you should familiarise yourself with any requirements Directions for claim notifcation are included under General Claims Settlement Conditions and Claims Settlement Conditions applying to each Section.

  • Each Offer to Exchange is subject always to (a) each Issuer’s right under paragraph 6(a) (Amendment, Extension and Subsequent Invitation) of this section to terminate the Invitation in respect of its Existing Notes or waive or amend any provision thereof, and (b) the fulfilment or waiver of the Exchange Settlement Conditions.

  • Subject to the Exchange Settlement Conditions, each Issuer will accept for exchange some or all of the Offered Notes, in respect of which a validly completed Exchange Application Form has been submitted, for New Notes if such Issuer communicates (or is deemed to have communicated) an Acceptance of Offer to Exchange Notice in respect of such Existing Notes to the Exchange Agent.

  • Noteholders who make an Offer to Exchange by submitting a validly completed Exchange Application Form at any time during the Offer Period, which commences on 9.00 a.m. (Singapore time) on 16 November 2021 and expires at the Expiration Deadline or on such later time or date as the relevant Issuer may determine in respect of its Existing Notes, will, if their Offer to Exchange is accepted by the relevant Issuer and subject to the Exchange Settlement Conditions, receive the Exchange Consideration.


More Definitions of Settlement Conditions

Settlement Conditions means any conditions governing the payment of the Settlement Value that the Supplier specifies in a Shopping Response or Secondary Offer Response for the Retailer to observe;
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Settlement Conditions has the meaning given to such term in Section 5.5(i).
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Related to Settlement Conditions

  • Payment Conditions means, at the time of determination with respect to any specified transaction or payment the following:

  • Payment Condition at any time of determination with respect to any Specified Transaction, that the following conditions are all satisfied: (x) (1) 30-Day Specified Excess Availability (divided by Availability as of such time of determination and expressed as a percentage) and (2) the Specified Availability on the date of such Specified Transaction (divided by Availability as of such time of determination and expressed as a percentage), in each case exceed the applicable Availability Percentage (as defined below), (y) unless the Fixed Charge Condition (as defined below) is satisfied (to the extent applicable), the Parent Borrower shall be in Pro Forma Compliance with a minimum Consolidated Fixed Charge Coverage Ratio of at least 1.00:1.00 and (z) if reasonably requested by the Administrative Agent, the Borrower Representative shall have delivered to the Administrative Agent (i) a copy of calculations required by preceding clause (y) in reasonable detail and (ii) a calculation of Specified Unrestricted Cash. As used herein, the following terms shall have the following meanings: (i) “Availability Percentage” shall mean (a) in respect of any Restricted Payment pursuant to Subsection 8.3(k), 12.5%; (b) in respect of (A) any investment or acquisition permitted pursuant to clause (u) of the definition of “Permitted Investments” or (B) clause (c)(i) of the definition of “Permitted Acquisitions,” 10.0%; (c) in respect of any payment, repurchase or redemption pursuant to Subsection 8.6(a), 12.5%; (d) in respect of any merger, consolidation, amalgamation or asset sale pursuant to Subsection 8.2(a) or 8.2(b), 10.0%; and (e) in respect of any Asset Sale that would otherwise have to comply with Subsection 8.5, 10.0%; and (ii) “Fixed Charge Condition” shall mean 30-Day Specified Excess Availability (divided by Availability as of such time of determination and expressed as a percentage) exceeds: (a) in respect of any Restricted Payment pursuant to Subsection 8.3(k), 17.5%; (b) in respect of any acquisition permitted pursuant to clause (c)(i) of the definition of “Permitted Acquisitions”, 15.0%; (c) in respect of any investment permitted pursuant to clause (u) of the definition of “Permitted Investments”, 15.0%; (d) in respect of any payment, repurchase or redemption pursuant to Subsection 8.6(a), 15.0%; and (e) in respect of (A) any merger, consolidation, amalgamation or asset sale pursuant to Subsection 8.2(a) or 8.2(b) or (B) any Asset Sale that would otherwise have to comply with Subsection 8.5, 15.0%.

  • Termination Conditions is defined in Section 2.18.

  • Standard Conditions means the “International Bank for Reconstruction and Development and International Development Association Standard Conditions for Grant Financing Made by the Bank out of Trust Funds”, dated February 25, 2019.

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

  • Performance Conditions means specific levels of performance of the Company (and/or one or more members of the Company Group, divisions or operational and/or business units, product lines, brands, business segments, administrative departments, or any combination of the foregoing), which may be determined in accordance with GAAP or on a non-GAAP basis, including, without limitation, the following measures: (i) net earnings, net income (before or after taxes), or consolidated net income; (ii) basic or diluted earnings per share (before or after taxes); (iii) net revenue or net revenue growth; (iv) gross revenue or gross revenue growth, gross profit or gross profit growth; (v) net operating profit (before or after taxes); (vi) return measures (including, but not limited to, return on investment, assets, capital, employed capital, invested capital, equity, or sales); (vii) cash flow measures (including, but not limited to, operating cash flow, free cash flow, or cash flow return on capital), which may be but are not required to be measured on a per share basis; (viii) actual or adjusted earnings before or after interest, taxes, depreciation, and/or amortization (including EBIT and EBITDA); (ix) gross or net operating margins; (x) productivity ratios; (xi) share price (including, but not limited to, growth measures and total stockholder return); (xii) expense targets or cost reduction goals, general and administrative expense savings; (xiii) operating efficiency; (xiv) objective measures of customer/client satisfaction; (xv) working capital targets; (xvi) measures of economic value added or other ‘value creation’ metrics; (xvii) enterprise value; (xviii) sales; (xix) stockholder return; (xx) customer/client retention; (xxi) competitive market metrics; (xxii) employee retention; (xxiii) objective measures of personal targets, goals, or completion of projects (including, but not limited to, succession and hiring projects, completion of specific acquisitions, dispositions, reorganizations, or other corporate transactions or capital-raising transactions, expansions of specific business operations, and meeting divisional or project budgets); (xxiv) comparisons of continuing operations to other operations; (xxv) market share; (xxvi) cost of capital, debt leverage, year-end cash position or book value; (xxvii) strategic objectives; (xxviii) gross or net authorizations; (xxix) backlog; or (xxx) any combination of the foregoing. Any one or more of the aforementioned performance criteria may be stated as a percentage of another performance criteria, or used on an absolute or relative basis to measure the performance of one or more members of the Company Group as a whole or any divisions or operational and/or business units, product lines, brands, business segments, or administrative departments of the Company and/or one or more members of the Company Group or any combination thereof, as the Committee may deem appropriate, or any of the above performance criteria may be compared to the performance of a selected group of comparison companies, or a published or special index that the Committee, in its sole discretion, deems appropriate, or as compared to various stock market indices.

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

  • 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.

  • 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;

  • Condition Satisfaction Date shall have the meaning set forth in Section 7.2.

  • Abnormal Market Conditions means conditions contrary to Normal Markets Conditions e.g. when there is low liquidity in the market or rapid price movements in the market or Price Gaps.