Condition 1 definition

Condition 1 means the terms of this Agreement applicable to a Unit providing service under Condition 1 as described in Section 3.1.
Condition 1 means: the entry by the Purchaser and the Company into a binding employment agreement for a term of not less than five years for Purchaser to serve as the Company’s deputy general manager.
Condition 1 means the Company and its subsidiaries achieving not less than after tax net income of US$ 2 million as determined under United States Generally Accepted Accounting Principles consistently applied (“US GAAP”) for the fiscal year ended June 30, 2011.

Examples of Condition 1 in a sentence

  • This exclusion will apply only if such Environmental Condition (1) was a principal cause of the Default, and (2) has made the principal Residential structure on the Property uninhabitable.

  • Memorandum To be reported only with the March Report of Condition 1.

  • Total liabilities, equity capital, and losses deferred pursuant to 12 U.S.C. 1823 (j) (sum of items 21 and 28.c) 71,502 Memorandum To be reported only with the March Report of Condition 1.

  • The prospectus for a Subadvised Fund will continue to include the disclosure required by Condition 2 below at all times subsequent to the approval required by Condition 1 below.

  • Noteholders have notice of and have accepted the Conditions including, without limitation, the provisions of Condition 1.


More Definitions of Condition 1

Condition 1 means the Companies and their subsidiaries achieving not less than after tax net income of US$ 5 million as determined under United States Generally Accepted Accounting Principles consistently applied (“US GAAP”) for the fiscal year ended December 31, 2009.
Condition 1. All three triggering conditions associated with a lower numbered LIP Stage, as described in Table LIP-4, are met. OR • Condition 2: High Rock Reservoir water elevations return to at or above the NME plus 2.5 ft. OR • Condition 3: High Rock Reservoir water elevations return to at or above the NME for 2 consecutive weeks.
Condition 1 means in respect of a Component, CNYmat fixes above the relevant Barrier and at or below the relevant Strike, subject to the Target Redemption Feature and Conditions.
Condition 1 means the Road Board has approved a work program for preventive maintenance of the national roads for FY 2008, FY 2009, FY 2010, FY 2011, respectively, and has allocated sufficient funds therefor, in each case, based on a program developed and prioritized by DPWH using its planning systems and survey information;
Condition 1 means the entry of a binding employment agreement between Mr. Hexi Feng and Telstar for a term of not less than five years, where Mr. Hexi Feng will serve as the Chief Executive Officer of Telstar.
Condition 1 means the entry by Purchaser, the Company and FUYI into the School Agreements.
Condition 1 means the satisfaction of the conditions set out in paragraphs 3 and 4; "condition 2" means the satisfaction of the conditions set out in paragraphs 5, 6 and 7; "domestic supply" has the meaning given in the Water Industry Act 1991;