Achievements. 2.1. How has your Cooperating Partnership helped to make DARIAH better known in your institution and beyond? Please explain.
Achievements. Borrower shall achieve, and within forty-five (45) days after the end of each calendar quarter (the "DSCR Determination Date") provide evidence to Lender of the achievement of, a Debt Service Coverage Ratio for the Property. If on any DSCR Determination Date the Debt Service Coverage Ratio is not at least 1.28 to 1.0 (the "Default Determination Ratio"), then Borrower shall deposit all Excess Cash Flow in the Cash Management Account. Any such funds escrowed shall be returned to Borrower if the Default Determination Ratio is achieved for two consecutive DSCR Determination Dates. No Event of Default shall occur by reason of this Section 9.3 so long as Borrower deposits into the Cash Management Account the additional amounts required by this Section. All such deposit amounts shall be treated as a "Reserve Fund" for purposes of Section 7.7 hereof. All additional amounts deposited under this Section shall be additional security for the repayment of the Debt and may be withdrawn by Lender upon the occurrence of an Event of Default and applied by Lender in such order and priority as Lender may determine. All calculations of Debt Service Coverage Ratio shall be subject to verification by Lender.
Achievements. If the Debt Service Coverage Ratio, for any calendar quarter is not at least 1.4 to 1.0, or if the Lease Debt Service Coverage Ratio, for any calendar quarter is not at least 1.1 to 1.00, then, provided that either the Senior Loan has been paid in full or Senior Lender has waived or not exercised its right pursuant to Section 9.3 of the Senior Loan Agreement to retain such Excess Cash Flow in the Senior Loan Cash Management Account, Lender may deliver written notice to the Senior Cash Management Bank instructing the Senior Cash Management Bank to deposit Excess Cash Flow in the Cash Management Account to be held by Lender (provided that if Senior Lender subsequently revokes a previous waiver of its right to retain Excess Cash Flow or subsequently exercises its right to retain Excess Cash Flow, then Lender’s foregoing right will cease and such escrowed funds will be returned to Borrower). Any such funds escrowed shall be returned to Borrower if the Debt Service Coverage Ratio, as thereafter calculated in any two (2) consecutive months equals or exceeds 1.4 to 1.0 and if the Lease Debt Service Coverage Ratio, as calculated for such two (2) consecutive months equals or exceeds 1.1 to 1.00, and Lender shall not thereafter retain Excess Cash Flow unless and until Lender may thereafter be entitled again to retain them pursuant to the first sentence of this Section. Such period in which Lender is entitled to retain Excess Cash Flow shall be referred to as a “Cash Trap Period.” All such deposit amounts shall be treated as a “Reserve Fund” for purposes of Section 7.7 hereof. All additional amounts retained or deposited under this section shall be additional security for the repayment of the Debt and may be withdrawn by Lender upon the occurrence of an Event of Default and applied by Lender in such order and priority as Lender may determine. All calculations of Debt Service Coverage Ratio and Lease Debt Service Coverage Ratio shall be subject to verification by Lender.
Achievements. These are results/objectives attained by an SME or other client, in which its competitiveness and innovative capacities have been improved through services provided in WP1. Examples could be financing obtained, patents applied for, tenders in other countries successfully applied for, etc. Note that the number of Achievements indicates the total of the indicative breakdown for the two activities producing Achievements: ASOs for WP1 (Advice, support and information activities) and PAs for WP2 (Cross-border partnering activities for business cooperation, technology transfer, innovation and research).
Achievements. A Certificate Of Registration was awarded to the Company in recognition of the organization’s Quality Management System which complies with ISO 9001:2008 to provde turnkey projects in Power Distribution And Allied Services vide Certificate No. 29046/A/0001/UK/En dated 28th February, 2008.
Achievements. When applying awards for scientific achievements, both Party A and Party B will be created with Party A receiving the major create on such mutually agreed achievements.
Achievements. The RPPEP permits to institute a new legal order of public procurement in WAEMU through the adoption of the basics outline laws such as : – The Directive n° 04/2005 relative to the process of awarding, execution and payment of public procurement contracts in WAEMU – The Directive n° 05/2005 relative to the control and regulation in public procurement in WAEMU • THE NEW INSTITUTIONAL PROCUREMENT FRAMEWORK OF WAEMU FROM THE DIRECTIVES • The Directives consecrate the principle of separation the function of REGULATION from those of CONTROL and from those of procurement PASSING Regional Observatory of Public Procurement (ROPP) • In the order to assure a mechanism of a multilateral inspection between the members States, the directives have foreseen provisions about a legal baseline of a multilateral control specifically in the matter of procurement. INCIDENCES OF THE ROPP TOWARDS THE WAEMU’S INTEGRATION • Within this context, ROPP contribute to the effectiveness of the realization of common market objectives and the amelioration of the international competitiveness of the Union economies.
Achievements. The two distributors succeeded in selling 1,000 units of SHS each, mostly in plantation areas, where farmers receive a regular and decent income. However, the program lasted only for one year, as BRI’s operation did not manage to be profitable. Collection costs in rural areas are high, and only 10-20% of the population in a village would be eligible for the credit program. The market density was too low to allow a fully commercial scheme to reach economies of scale and be sustainable. Main weaknesses: ▪ No financial sustainability: The low market density makes a sustainable business model covering all operating and marketing costs very difficult. A fully commercial credit scheme does not seem adapted to low income populations. ▪ Competition between government and private initiatives: The free SHS approach of the government directly affected the commercial market for SHS. In areas where the government SHS program was also present, BRI’s clients did not want to pay their instalments (monthly loan reimbursement) as they would see neighbours getting their SHS for free. Today, it is essential to acknowledge the various lessons learned from these experiences and to build on them in order to design more effective, better adapted financial models.