Unsatisfied Condition definition

Unsatisfied Condition means a condition in a Permit that has not been satisfied and that either (a) must be satisfied before such Permit can be come effective, (b) must be satisfied as of the date on which a representation is made or a condition precedent must be satisfied under the Credit Agreement, or (c) must be satisfied as of a future date but with respect to which facts or circumstances exist which, to Borrower's knowledge, could reasonably be expected to result in a failure to satisfy such Permit condition.
Sample 1Sample 2Sample 3
Unsatisfied Condition has the meaning ascribed thereto in Section 4.3; and
Sample 1Sample 2
Unsatisfied Condition shall have the meaning given to it in Section 5.3(b).
Sample 1

Examples of Unsatisfied Condition in a sentence

  • All Applicable Permits have been issued and are in full force and effect and not subject to current legal proceedings or to any Unsatisfied Condition that could reasonably be expected to result in material modification or revocation, and except as disclosed in Schedule 5.19, all applicable appeal periods with respect thereto have expired.

  • To Borrower's knowledge, except as disclosed in Exhibit G-1, each Permit listed in Part I(B) of Exhibit G-1 is in full force and effect and is not subject to current legal proceeding or to any Unsatisfied Condition that could reasonably be expected to have a Material Adverse Effect, and all applicable appeal periods with respect thereto have expired.

  • Except as disclosed in the Permit Schedule, each Permit listed in Part I(B) shall (A) have duly obtained or have been assigned in the name of the applicable Major Project Participant, (B) be in full force and effect, (C) not be subject to any current legal proceeding and (D) not be subject to any Unsatisfied Condition that could reasonably be expected to result in material modification or revocation of such Permit, and all applicable appeal periods with respect to each such Permit shall have expired.

  • Each Applicable Third Party Permit listed in Part I(B) of Exhibit G-1 shall (i) be in full force and effect, (ii) not be subject to any current legal proceeding and (iii) not be subject to any Unsatisfied Condition that could reasonably be expected to result in material modification or revocation of such Applicable Third Party Permit, and all applicable appeal periods with respect to each such Applicable Third Party Permit shall have expired.

  • Except as disclosed in Exhibit G-1 (as so supplemented), each Permit listed in Part I(A) of Exhibit G-1 is in full force and effect and is not subject to any current legal proceeding or to any Unsatisfied Condition that could reasonably be expected to have a Material Adverse Effect, and all applicable appeal periods with respect thereto have expired.

  • Taibek Mining Achernar24 February 3133 The Taibek Hills stared up at Erik Sandoval-Groell with vacant eye sockets as his personal VTOL thundered low over the eastern mines.

  • If such notice or resubmission from Holdco is not timely delivered, or if the parties cannot reach agreement regarding any Unsatisfied Conditions, the Collateral Agent's resolution regarding such certificate, resubmission or Unsatisfied Condition shall be determinative, absent manifest error.

  • If Seller has served a valid Unsatisfied Condition Notice prior to the Contribution Time with respect to any delivered Contribution Notice, then Seller and the Company shall not be required to execute and deliver the Contribution Agreement or consummate the Contribution Transactions as a result of the delivery of such Contribution Notice, but Buyer shall continue to have the right to deliver a subsequent Contribution Notice.

  • For purposes hereof, a "Qualifying Waiver" in respect of a Breach Notice is an agreement to waive the Unsatisfied Condition described therein to the extent that it remains unsatisfied solely due to the Identified Breach described therein.

  • All Permits which are Applicable Permits or Applicable Third Party Permits have been issued and are in full force and effect and not subject to current legal proceedings or to any Unsatisfied Condition that could reasonably be expected to result in material modification or revocation, all applicable appeal periods with respect thereto have expired, and the permittee thereunder is in compliance therewith in all material respects.


More Definitions of Unsatisfied Condition

Unsatisfied Condition has the meaning attributed to that term in section 3.1.
Sample 1
Unsatisfied Condition has the meaning set forth in Section 9A.
Sample 1

Related to Unsatisfied Condition

  • Specified Condition means, with respect to a party, any event specified as such for that party in Paragraph 13.

  • Specified Conditions means, at any time of determination thereof, (a) no Incremental Term Loans in the form of an institutional term loan B facility have been issued and are outstanding pursuant to Section 2.20 of the Credit Agreement and (b) (i) the Company’s “corporate credit rating” from S&P (or such other term as S&P may from time to time use to describe the Company’s senior unsecured non-credit enhanced long term indebtedness, such rating, the “S&P Rating”) shall be at least BBB- (with a stable outlook) and the Company’s “corporate family rating” from Xxxxx’x (or such other term as Xxxxx’x may from time to time use to describe the Company’s senior unsecured non-credit enhanced long term indebtedness, such rating, the “Xxxxx’x Rating”) shall be at least Baa3 (with a stable outlook) or (ii) (x) the Company’s S&P Rating shall be at least BBB- (with a stable outlook) or the Company’s Xxxxx’x Rating shall be at least Baa3 (with a stable outlook) and (y) the Leverage Ratio is less than or equal to 2.50 to 1.00.

  • 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.

  • Nonconforming zoning condition means a physical improvement on a property that does not conform with current zoning standards.

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

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

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

  • Maximum Tender Condition has the meaning specified in Section 2.17(b).

  • Payment Condition shall be deemed to be satisfied in connection with a Restricted Payment, Restricted Debt Payment, investment or Permitted Acquisition if:

  • Emergency Condition means a condition or situation: (1) that in the judgment of the Party making the claim is imminently likely to endanger life or property; or (2) that, in the case of the NYISO or Connecting Transmission Owner, is imminently likely (as determined in a non-discriminatory manner) to cause a material adverse effect on the security of, or damage to the New York State Transmission System or Distribution System, the Connecting Transmission Owner’s Interconnection Facilities or the electric systems of others to which the New York State Transmission System or Distribution System is directly connected; or (3) that, in the case of the Interconnection Customer, is imminently likely (as determined in a non-discriminatory manner) to cause a material adverse effect on the security of, or damage to, the Small Generating Facility or the Interconnection Customer’s Interconnection Facilities. Under Emergency Conditions, the NYISO or Connecting Transmission Owner may immediately suspend interconnection service and temporarily disconnect the Small Generating Facility. The NYISO or Connecting Transmission Owner shall notify the Interconnection Customer promptly when it becomes aware of an Emergency Condition that may reasonably be expected to affect the Interconnection Customer’s operation of the Small Generating Facility. The Interconnection Customer shall notify the NYISO and Connecting Transmission Owner promptly when it becomes aware of an Emergency Condition that may reasonably be expected to affect the New York State Transmission System or Distribution System or any Affected Systems. To the extent information is known, the notification shall describe the Emergency Condition, the extent of the damage or deficiency, the expected effect on the operation of each Party’s facilities and operations, its anticipated duration, and the necessary corrective action.

  • Fully Satisfied means, with respect to the Obligations as of any date, that, as of such date, (a) all principal of and interest accrued to such date which constitute Obligations shall have been irrevocably paid in full in cash, and (b) all fees, expenses and other amounts then due and payable which constitute Obligations shall have been irrevocably paid in cash.

  • 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).

  • 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.

  • Satisfied means paid-in-full.

  • 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.

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

  • Preexisting condition means any medical condition,

  • Rating Condition has the meaning specified in Section 2.06(c)(ii).

  • Obstetric condition means a condition that is listed under Group T4 (Obstetrics) in the Medicare Benefits Schedule.

  • restrictive condition means any condition registered against the title deed of land restricting the use, development or subdivision of the land concerned:

  • Qualifying condition means a condition described in Section 26-61a-104.

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

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

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

  • Change in condition means a change in physical condition of the employee as well as any change

  • Unsatisfactory The Educator's performance on a standard or overall has not significantly improved following a rating of needs improvement, or the Educator's performance is consistently below the requirements of a standard or overall and is considered inadequate, or both.