Specified Qualification definition

Specified Qualification means (i) the first instance of the word “material” in the representations and warranties set forth in Section 2.6, and (ii) the use of the word “material” as used in the defined terms “Company Material Adverse Effect,” “Material Contracts” and “Parent Material Adverse Effect.”
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Specified Qualification means, in respect of the independent ----------------------- auditors' report to the board of directors of Computervision accompanying Computervision's audited financial statements for the fiscal year ending December 31, 1997 or any prior fiscal year, a qualification by such auditors relative to the substantial doubt about the ability of Computervision and its Subsidiaries to continue as a going concern raised by (a) the experience of Computervision and its Subsidiaries of significant shortfalls in revenue, significant losses from operations, and significant working capital at September 28, 1997, and (b) the factors described in Note 15 to Computervision's audited financial statements for the fiscal year ending December 31, 1996 that are accompanied by the independent auditors' report (dated as of March 27, 1997 generally and as of November 10, 1997 as to such Note 15) to the board of directors of Computervision.
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Examples of Specified Qualification in a sentence

  • Effective as of the date hereof (the “Effective Date”), the Lenders hereby agree to waive the requirements of Section 8.01(c) of the Credit Agreement to the extent, and only to the extent, necessary to permit the 2017 Annual Report to contain the Specified Qualification.

  • Effective as of the date hereof (the “Effective Date”), the Lenders hereby agree to waive the requirements of Section 8.01(c) of the Credit Agreement to the extent, and only to the extent, necessary to permit the 2016 Annual Report to contain the Specified Qualification.

  • Effective as of the date hereof (the “Effective Date”), the Lender hereby agrees to waive the requirements of Section 8.01(c) of the Credit Agreement to the extent, and only to the extent, necessary to permit the 2018 Annual Report to contain the Specified Qualification.