Allocation Condition definition

Allocation Condition means that no Note shall be issued unless not less than 20% of the Notes are issued to Institutional Investors and Relevant Persons (excluding any amount of Notes issued or to be issued to the Joint Lead Managers and Bookrunners for their own accounts).
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Allocation Condition means receipt by KfW from the Banks under the Loss Guarantees of the relevant payments corresponding to Reversed Loss Payments in respect of the Class F Notes, the Class G Notes and the Class H Notes which can be claimed by KfW under the Loss Guarantees and which KfW is obliged to use in whole or in part to reverse previous allocations of Residual Realised Losses under the F KfW Certificate, the G KfW Certificate and the H KfW Certificate, respectively (the "Corresponding Loss Payments"). Such Corresponding Loss Payments must have been received by KfW as fully cleared funds at the latest on the 4th Business Day prior to the relevant Payment Date (the "Settlement Date").
Sample 1
Allocation Condition means that no Bond shall be issued unless not less than 20% of the Bonds are issued to Institutional Investors and Relevant Persons (excluding any amount of Straight Bonds issued or to be issued to the Joint Lead Managers and Bookrunners for their own accounts).
Sample 1

Examples of Allocation Condition in a sentence

  • Brought by an “employee” pursuant to any federal or state whistleblower protection statute or any rule or regulation promulgated thereunder.Provided, however, this exclusion shall apply to only 50% of “loss” in connection with a “claim” after allocation is applied per the Allocation Condition.

  • The Landowner Alliance generally objects to other proposed conditions, however it does not specifically address the Cost Allocation Condition or the Interconnection Agreement Conditions.

  • While Table 17 suggests a more abstract and parsimonious factorization of ablaut patterns according to stem TS’s vsHAB/POT change vs PRG change, I will continue to use the term TONE ABLAUT CLASS for the groupings of verbs implied by each individual ablaut pattern.

  • As the Commission found in 2015, the Commission has the authority to enforce the Cost Allocation Condition.

  • I never thought they’d say, ‘we don’t care about our mandate and we’ll just close and abandon clients.’ I did not expect such an abrupt and total closure.

  • The Proposed Order is correct to observe that the Landowner Alliance did not specifically address the Cost Allocation Condition in its Initial Brief or Reply Brief.

  • The final allocation between the Public Offer and Placement (including any Re-allocation) will be determined by the Issuer and FPL, subject to compliance with the Allocation Condition.

  • Amounts allocated to uncovered “loss” specified in any Allocation Condition made part of this Policy.Only for the purpose of determining applicable law regarding whether such liquidated, punitive, exemplary or multiplied damages are insurable under this Policy, the law of the jurisdiction most favorable to the insurability of those damages shall control, provided that such jurisdiction is where: DEFINITIONS Loss - continued a.

  • The "Allocation Condition" is fulfilled upon receipt by KfW from the Bank under the Bank Swap of the relevant payments corresponding to Reversed Loss Payments in respect of the Class D Notes, the Class E Notes and the Class F Notes which can be claimed by KfW under the Bank Swap and which KfW is obliged to use in whole or in part to reverse previous Loss Allocations under the D KfW Certificate, the E KfW Certificate and the F KfW Certificate (the "Corresponding Loss Payments").

  • The Landowner Alliance had an opportunity to object to the Cost Allocation Condition in response to Grain Belt Express’ Initial Brief and failed to do so.

Related to Allocation Condition

  • Distribution Conditions means, with respect to any Restricted Payment or Restricted Junior Debt Prepayment, the following:

  • 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).

  • Step Down Conditions As of any Distribution Date on which any decrease in any Senior Prepayment Percentage may apply, (i) the outstanding Principal Balance of all Mortgage Loans 60 days or more Delinquent (including Mortgage Loans in REO and foreclosure), averaged over the preceding six month period, as a percentage of the aggregate of the Class Certificate Principal Balances of the Classes of Subordinate Certificates on such Distribution Date, does not equal or exceed 50% and (ii) cumulative Realized Losses with respect to all of the Mortgage Loans do not exceed: · for any Distribution Date on or after the seventh anniversary until the eighth anniversary of the first Distribution Date, 30% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the eighth anniversary until the ninth anniversary of the first Distribution Date, 35% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the ninth anniversary until the tenth anniversary of the first Distribution Date, 40% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the tenth anniversary until the eleventh anniversary of the first Distribution Date, 45% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, and · for any Distribution Date on or after the eleventh anniversary of the first Distribution Date, 50% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date.

  • Poor foundation conditions means those areas where features exist which indicate that a natural or man-induced event may result in inadequate foundation support for the structural components of an SWLF unit.

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

  • Extension Conditions Defined in Section 3.06(a).

  • Payment Condition at any time of determination with respect to any Specified Transaction, that the following conditions are all satisfied: (x) (1) 30-Day Specified Excess Availability (divided by Availability as of such time of determination and expressed as a percentage) and (2) the Specified Availability on the date of such Specified Transaction (divided by Availability as of such time of determination and expressed as a percentage), in each case exceed the applicable Availability Percentage (as defined below), (y) unless the Fixed Charge Condition (as defined below) is satisfied (to the extent applicable), the Parent Borrower shall be in Pro Forma Compliance with a minimum Consolidated Fixed Charge Coverage Ratio of at least 1.00:1.00 and (z) if reasonably requested by the Administrative Agent, the Borrower Representative shall have delivered to the Administrative Agent (i) a copy of calculations required by preceding clause (y) in reasonable detail and (ii) a calculation of Specified Unrestricted Cash. As used herein, the following terms shall have the following meanings: (i) “Availability Percentage” shall mean (a) in respect of any Restricted Payment pursuant to Subsection 8.3(k), 12.5%; (b) in respect of (A) any investment or acquisition permitted pursuant to clause (u) of the definition of “Permitted Investments” or (B) clause (c)(i) of the definition of “Permitted Acquisitions,” 10.0%; (c) in respect of any payment, repurchase or redemption pursuant to Subsection 8.6(a), 12.5%; (d) in respect of any merger, consolidation, amalgamation or asset sale pursuant to Subsection 8.2(a) or 8.2(b), 10.0%; and (e) in respect of any Asset Sale that would otherwise have to comply with Subsection 8.5, 10.0%; and (ii) “Fixed Charge Condition” shall mean 30-Day Specified Excess Availability (divided by Availability as of such time of determination and expressed as a percentage) exceeds: (a) in respect of any Restricted Payment pursuant to Subsection 8.3(k), 17.5%; (b) in respect of any acquisition permitted pursuant to clause (c)(i) of the definition of “Permitted Acquisitions”, 15.0%; (c) in respect of any investment permitted pursuant to clause (u) of the definition of “Permitted Investments”, 15.0%; (d) in respect of any payment, repurchase or redemption pursuant to Subsection 8.6(a), 15.0%; and (e) in respect of (A) any merger, consolidation, amalgamation or asset sale pursuant to Subsection 8.2(a) or 8.2(b) or (B) any Asset Sale that would otherwise have to comply with Subsection 8.5, 15.0%.

  • 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.

  • Acute condition means a disease, illness or injury that is likely to respond quickly to treatment which aims to return the person to his or her state of health immediately before suffering the disease/ illness/ injury which leads to full recovery.

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

  • Escrow Release Conditions has the meaning set forth in the Escrow Agreement.

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

  • Release Condition means the following:

  • Minimum Extension Condition has the meaning assigned to such term in Section 2.23(b).

  • Payment Conditions means, at the time of determination with respect to any specified transaction or payment, that:

  • Release Conditions mean the following conditions: (i) Company has received the Executive’s executed Release and (ii) any rescission period applicable to the Executive’s executed Release has expired.

  • Early Termination Conditions means the types of conditions listed in Schedule A.

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

  • Class D Par Value Test means the test which will be satisfied as of any Measurement Date if, on such Measurement Date, the Class D Par Value Ratio is at least equal to the percentage specified in the definition of "Coverage Test".

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

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

  • Class D Interest Coverage Test means the test which will apply as of any Measurement Date occurring on and after the Determination Date immediately preceding the second Payment Date and which will be satisfied on such Measurement Date if the Class D Interest Coverage Ratio is at least equal to 105.0 per cent.

  • Redemption Conditions means, with respect to any payment of cash in respect of the principal amount of any Permitted Convertible Debt, satisfaction of each of the following events: (a) no Default or Event of Default shall exist or result therefrom, and (b) both immediately before and at all times after such redemption, Borrower’s Qualified Cash shall be no less than 150% of the outstanding principal amount of the Secured Obligations plus the Qualified Cash A/P Amount.

  • Liquidity Condition means an event of immediate termination or suspension as specified in a Liquidity Facility, upon the occurrence of which the Standby Purchaser is not obligated to purchase Multi-Modal Bonds, and, accordingly, such Bonds are not subject to tender for purchase.

  • Final Completion Date means the date on which Final Completion occurs.

  • Eligibility Conditions means the eligibility conditions specified in the Act and the Rules including all the eligibility conditions listed in Clause [5] of the Tender Document.