Status definition

Status means Level I Status, Level II Status, Level III Status, Level IV Status, Level V Status or Level VI Status.

Status refers to the determination of which of Level I Status, Level II Status, Level III Status, Level IV Status, Level V Status or Level VI Status exists at any date.

Status means Level I Status, Level II Status, Level III Status, Level IV Status or Level V Status.

Examples of Status in a sentence

• Prior to the Closing Date, Seller shall cause those Group Companies that are obligated to separately file state or state-administered local taxes in Colorado to file a Form DR 0096 (Request for Tax Status Letter) with the Colorado Department of Revenue, listing all such Colorado state-administered Taxes as found on such Form DR 0096 to which the Group Company is subject.

• This Agreement will supersede any previous agreement between the Company and the Indemnitee dealing with this subject matter and will be deemed to be effective as of the date that is the earlier of (a) the date on which the Indemnitee’s Corporate Status began; or (b) the date on which the Indemnitee first served, at the Company’s request, as a director, officer, or employee, or an individual acting in a capacity similar to a director, officer, or employee of another entity.

• All agreements and obligations of the Company contained herein shall continue during the period the Indemnitee is a member of the Board of Directors of the Company or acts in any other Corporate Status and shall continue thereafter so long as the Indemnitee shall be subject to any threatened, pending or completed Proceeding by reason of such Indemnitee’s Corporate Status and during the period of statute of limitations for any act or omission occurring during the Indemnitee’s term of Corporate Status.

• For a CDGU, the “Automatic Voltage Regulator Status (AVR Status)” for a Trading Period shall be equal to the Time Weighted Average of all Declared Automatic Voltage Regulator Status values submitted by the Service Provider that apply to that Trading Period.

• Notwithstanding any other provision of this Agreement, to the extent that the Indemnitee is, by reason of such Indemnitee’s Corporate Status, a witness for any reason in any Proceeding to which such Indemnitee is not a party, such Indemnitee shall be indemnified against all Expenses actually and reasonably incurred by or on behalf of such Indemnitee in connection therewith.

More Definitions of Status

Status means either full-time or part-time or temporary or casual as defined above.

Status has the meaning set forth in Section 4.16.

Status refers to the determination of which of Level I Status, Level II Status, Level III Status, Level IV Status or Level V Status exists at any date.

Status means the condition of a real estate license. A license may be active, inactive, expired, suspended, revoked or canceled. “Inactive license” is defined in Iowa Code section 543B.5(12).

Status means the existence of Level I Status or Level II Status, as the case may be, on such date. Changes in Status resulting from changes in the Consolidated First Lien Secured Debt to Consolidated EBITDA Ratio shall become effective as of the first day following each date that (i) Section 9.1 Financials for the first full fiscal quarter ended after the Closing Date are delivered to the Administrative Agent under Section 9.1 and (ii) an officer’s certificate is delivered by Holdings or the Borrower to the Administrative Agent setting forth, with respect to such Section 9.1 Financials, the then-applicable Status, and shall remain in effect until the next change to be effected pursuant to this definition; provided that each determination of the Consolidated First Lien Secured Debt to Consolidated EBITDA Ratio pursuant to this definition shall be made as of the end of the Test Period ending at the end of the fiscal period covered by the relevant Section 9.1

Status means Level I Status, Level II Status, Level III or Level IV Status. The Applicable Rate shall be determined in accordance with the foregoing table based on the Company’s Status as reflected in the then most recent Financials. Adjustments, if any, to the Applicable Rate shall be effective five Business Days after the Administrative Agent has received the applicable Financials. If the Company fails to deliver the Financials to the Administrative Agent at the time required pursuant to the Credit Agreement, then the Applicable Rate shall be the highest Applicable Rate set forth in the foregoing table until five days after such Financials are so delivered. Until adjusted commencing with the delivery of the Company’s Financials with respect to the fiscal quarter ending December 31, 2008, Level IV Status shall be deemed to exist. If, as a result of (i) any restatement of or other adjustment to the Financials of the Company or its Subsidiaries or (ii) for any other reason, which in any such case referred to in clause (i) or (ii), arises from an act of fraud or willful misconduct on the part of Company or its Subsidiaries, the Administrative Agent or Required Lenders determine that (a) the Leverage Ratio or Applicable Margin as calculated by the Company and its Subsidiaries as of any applicable date were inaccurate (due to any errors or misstatements in the calculation thereof) and (b) a proper calculation of the Leverage Ratio or Applicable Margin would have resulted in a higher level of pricing for any period, then the Company shall automatically and retroactively be obligated to pay to the Lenders, and shall pay to the Lenders promptly on demand by the Administrative Agent or Required Lenders, an amount equal to the excess of the amount of interest and fees that should have been paid for such period over the amount of interest and fees actually paid for such period. On April 25, 2008, a lawsuit was filed against one of the Company’s subsidiaries in Superior Court in Santa Xxxxx County, California by one of the Company's customers. The complaint asserts various claims related to products liability, breach of warranty, concealment, intentional misrepresentation and negligent misrepresentation and seeks class certification. The complaint alleges that products sold by the Company prior to 2006 had a unique propensity to develop mold, alleges that the plaintiff suffered adverse health effects from exposure to one of the Company’s products, and seeks various forms of...

Status means the condition of being probationary or regular in the current classification.