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.
View Source
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.
View Source
Settlement Conditions means the conditions to the settlement of the Exchanges as set out in "Terms of the Invitation—Settlement Conditions" of this Invitation Memorandum.
View Source

Examples of Settlement Conditions in a sentence

  • The portion, if any, of Participant’s Target Award that will be earned is based on the Company’s performance against the performance measures set forth in this Section 2, the Award’s Settlement Conditions (as defined below), and the other terms and conditions set forth in this Agreement, in each case subject to Section 10.

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

  • Claims Settlement Conditions applying to this Section No admission offer promise payment or indemnity may be made or given by or on behalf of the Insured or the Insured Person without the written agreement of the Insurer.

  • In order to make a Share Settlement Election to deliver shares on each Share Settlement Date, the Company will be required to provide an Officer’s Certificate to the Trustee on the Share Settlement Notice Date certifying that the Share Settlement Conditions have been met.

  • Claims Settlement Conditions applying to this Section If there is a dispute between the Insured Person and the Insurer or Arc about this Section of the Policy it can be taken to an independent arbitrator.

  • It is important that you comply with all policy conditions and you should familiarise yourself with any requirements contained in the policy Directions for claim notification are included under General Claims Settlement Conditions Please be aware that events that may give rise to a claim under the insurance must be notified to us as soon as reasonably possible and within 90 days of the Accident.

  • The value of Stock and supplies to be included in the property values shall be in accordance with the Loss Settlement Conditions clause contained in this Policy and shall be based on the approximate average of the Stock and supplies on hand during the twelve months immediately preceding the annual review of values.

  • The Parties stipulate and agree that each of the Settlement Conditions set forth in this Section is a material term.

  • The date on which the Settlement becomes Final and all Settlement Conditions have either been satisfied or waived in accordance with this Settlement Agreement.

  • A Party may terminate this Settlement as set forth in this Section 10, and the Settlement Agreement shall thereupon become null and void (“Terminate” or “Termination”), if any of the Settlement Conditions are not satisfied, unless the Parties mutually agree otherwise or the Party entitled to the benefit of the unsatisfied Settlement Condition waives that Settlement Condition.


More Definitions of Settlement Conditions

Settlement Conditions has the meaning given to such term in Section 5.5(i).
View Source
Settlement Conditions means the settlement conditions to the RJ Plan as set out on pages 25 and 26 under the heading “Settlement Conditions” in the Election Solicitation, as may be modified, waived or added to from time to time by the Guarantor in its discretion in accordance with the RJ Plan;
View Source
Settlement Conditions shall have the meaning set forth in Sections 2.1 through 2.3.
View Source
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;
View Source
Settlement Conditions means: (i) the Settlement Approval Order becomes effective in accordance with its terms on or before the Settlement Orders Outside Date and the Receiver has filed a certificate with the Court confirming the same; (ii) each of the Settlement Orders becomes a final order of the Court on or before the Settlement Orders Outside Date, which means that each of such orders is not appealed before the expiry of the applicable appeal period, or if it is appealed, such appeal is finally determined in favour of the Receiver by the Settlement Orders Outside Date. The Receiver is under no obligation to defend or respond to any appeal of any of such orders; (iii) all of the conditions precedent under the Settlement Definitive Agreements have been satisfied or waived in accordance with such Settlement Definitive Agreements by the Settlement Orders Outside Date; and (iv) the Purchaser is an Opt-In Leslieville Purchaser in accordance with the terms of the Purchaser Package Approval Order by the Rescission Bar Date applicable to it;
View Source

Related to Settlement Conditions

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

  • 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) and, (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%.

  • 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.

  • 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.

  • 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).