Conditions to Eligibility. None of the New Companies' Accounts and Inventory shall be considered by Agent as Eligible Accounts Receivable or Eligible Inventory under the Agreement until satisfaction of the following conditions precedent in a manner satisfactory to Agent, unless specifically waived in writing by Agent:
Conditions to Eligibility. The Patxxxxxx Xxmpanies Accounts and Equipment shall not be considered by Agent as Eligible Accounts Receivable or Eligible Equipment under the Agreement until satisfaction of the following conditions precedent in a manner satisfactory to CITBC, unless specifically waived in writing by CITBC:
Conditions to Eligibility. To be eligible for the First Retention Bonus and Second Retention Bonus, the Employee must (i) remain continuously employed in Good Standing (as defined below) with the Company during the period commencing on the date hereof and ending on the First Retention Date and Second Retention Dates, respectively, and (ii) execute and not revoke a Release (as defined below) with respect to both the First Retention Bonus and Second Retention Bonuses, respectively. If the Employee is not employed in Good Standing as of the First Retention Date, the Employee will not be entitled to receive any portion of the Aggregate Retention Bonus, and if the Employee is not employed in Good Standing on the Second Retention Date, the Employee will not be entitled to receive any portion of the Second Retention Bonus. “Good Standing” means the Employee (i) is employed by the Company (or an affiliate of the Company or BPL, not including any affiliates of IFM Global Infrastructure Fund that are otherwise unrelated to the Company or BPL) and has not tendered oral or written notice of intent to resign without Good Reason (as defined below) effective as of a date on or before the First Retention Date or the Second Retention Date, as applicable; (ii) has not behaved in a manner that would reasonably be expected to be grounds for discharge for Cause (as defined below); and (iii) is in full compliance with the terms and provisions set forth in this Agreement.
Conditions to Eligibility. Wheeling’s Accounts and Inventory shall not be considered by Agent as Eligible Accounts Receivable or Eligible Inventory under the Agreement until satisfaction of the following conditions precedent in a manner satisfactory to Agent, unless specifically waived in writing by Agent:
