Agreed Exceptions definition

Agreed Exceptions means with respect to any action, proceeding or procedure referred to in Clause 22.7 (Insolvency Proceedings) and Clause 22.8 (Creditor’s Process and final judgment) (each a “relevant procedure”):

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Agreed Exceptions means exceptions to title to be set forth in the Mortgage that are customary in similar mortgages, do not materially detract from the value of the assets covered thereby, do not secure Debt and arise in the ordinary course of business.

Agreed Exceptions has the meaning given in the PSR.

Examples of Agreed Exceptions in a sentence

• To the extent there is any inconsistency between GAAP and the Schedule of Agreed Exceptions, the Schedule of Agreed Exceptions shall take precedence over GAAP as the basis on which the Final Closing Schedule is prepared.

• To the extent there is any inconsistency between the Schedule of Agreed Exceptions and the Company Accounting Methodology, the Schedule of Agreed Exceptions shall take precedence over the Company Accounting Methodology as the basis on which the Final Closing Schedule is prepared.

• Illuminate warrants to District that the System as delivered, will materially comply with the REMC SAVE Bid specifications and Illuminate’s response to bid including Mutually Agreed Exceptions and Questions/Answers documents for such System.

• To the extent there is any inconsistency between the Schedule of Agreed Exceptions and the Company Accounting Methodology, the Schedule of Agreed Exceptions shall take precedence over the Company Accounting Methodology as the basis on which the Estimated Closing Schedule is prepared.

• To the extent there is any inconsistency between GAAP and the Schedule of Agreed Exceptions, the Schedule of Agreed Exceptions shall take precedence over GAAP as the basis on which the Estimated Closing Schedule is prepared.

More Definitions of Agreed Exceptions

Agreed Exceptions means those exceptions to the representations and warranties of the Company contained in this Agreement which are specifically identified in the aforementioned Company officer certificate and which relate solely to circumstances arising after the date hereof affecting economic or physical conditions in Southern California in general (such as, but not limited to, earthquakes, widespread floods and fires, storms, riots, acts of war, reductions in population, workforce or general income levels and other events or developments affecting the Southern California economy as a whole) but excluding third-party conduct or actions aimed at or relating to the grocery market in Southern California in general (such as, but not limited to, labor actions, class litigation, boycotts and actions of competitors).

Agreed Exceptions has the meaning given in the PSR. Agreement means this project agreement and includes all schedules, exhibits, attachments and annexures to it. Amendment, for the purposes of clause 47, has the meaning given in clause 47.1.