Board Condition definition

Board Condition has the meaning set forth in Section 1.4(a).
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Examples of Board Condition in a sentence

  • Subject to compliance with Section 1.4(b) and applicable Law, at least five Business Days prior to the Offer Closing, GFI shall provide Parent with written evidence reasonably satisfactory to Parent that each action to be taken by the GFI Board to satisfy the Board Condition pursuant to the prior sentence: (A) has been taken by the GFI Board, (B) shall be effective at the time required pursuant to the prior sentence and (C) is irrevocable except solely to the extent the Offer Closing does not occur.

  • It should be possible to Install On Board Condition Monitoring System on Rolling Stock on “in service” trains/coaches/wagons/locomotives within normal scheduled maintenance time when the rolling stock comes for routine inspection and maintenance usually at the end of the trip This is needed to reduce cost of installation, increased asset availability and prevention of train service disruption while reaping benefits of such predictive maintenance systems.

  • Parent and Purchaser hereby acknowledge that, unless and until the Tender Offer Agreement shall be executed, there is no agreement, commitment, arrangement, undertaking, or understanding of any kind with GFI that the Board Condition shall be satisfied at the completion of BGC’s tender offer.

  • The Board Condition for the FCRL with respect to macroeconomic and fiscal policy called for a shift from a fiscal deficit of 1.6 percent of GDP in 1996/97 to a surplus of 1 percent of GDP in 1997/98.

  • The „On Board Condition Monitoring System of Rolling Stock’ will enable Predictive Maintenance of coaches, wagons, locomotives and track by meeting the following functionalities:a.

  • Board Condition 22 had to be met at least six months 2018 FCA 153 (CanLII)before Trans Mountain commenced construction; Condition 129 had to be met at least three months before Trans Mountain applied to open each terminal.

  • Any additional deeds, easements or joint agreements deemed necessary by the Board Condition of Site Plan approval.

  • Subject to compliance with Section 1.4(b) and applicable Law, at least three Business Days prior to the Offer Closing, GFI shall provide BGCP with written evidence reasonably satisfactory to BGCP that each action to be taken by the GFI Board to satisfy the Board Condition pursuant to the prior sentence: (A) has been taken by the GFI Board, (B) shall be effective at the time required pursuant to the prior sentence and (C) is irrevocable except solely to the extent the Offer Closing does not occur.

  • The NB EIA Approval addresses this concern with the requirement to establish the Independent Tailings Review Board (Condition 39).

  • Preserve any additional trees that are possible in the open space as a resultDevelopment Review Board Condition DRB 1 and DRB 2.DRB 4.

Related to Board Condition

  • Standard Conditions means the “International Bank for Reconstruction and Development and International Development Association Standard Conditions for Grant Financing Made by the Bank out of Trust Funds”, dated February 25, 2019.

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

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

  • LC Conditions has the meaning given to such term in Section 2.9.

  • 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.

  • Replacement Award means an Award granted in assumption of, or in substitution for, an outstanding award previously granted by a company or business acquired by the Company or with which the Company, directly or indirectly, combines.

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

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

  • Specified Condition means, with respect to a party, any event specified as such for that party in Paragraph 13.

  • Obstetric condition means a condition that is listed under Group T4 (Obstetrics) in the Medicare Benefits Schedule.

  • Maximum Tender Condition has the meaning specified in Section 2.17(b).

  • Rating Condition has the meaning specified in Section 2.06(c)(ii).

  • Unsafe condition as used in this clause means the actual or potential exposure of contractor or Government employees to a hazardous material as defined in Federal Standard No. 313, and any revisions thereto during the term of this contract, or any other material or working condition designated by the Contracting Officer's Technical Representative (COTR) as potentially hazardous and requiring safety controls.

  • Associated Conditions means the symptoms or side effects associated with Stage-Four Advanced, Metastatic Cancer or its treatment and which, in the judgment of the health care practitioner, further jeopardize the health of a patient if left untreated.

  • RMB Non-Transferability means the occurrence of any event that makes it impossible for the Issuer to deliver RMB between accounts inside Hong Kong or from an account inside Hong Kong to an account outside Hong Kong (including where the RMB clearing and settlement system for participating banks in Hong Kong is disrupted or suspended), other than where such impossibility is due solely to the failure of the Issuer to comply with any law, rule or regulation enacted by any Governmental Authority (unless such law, rule or regulation is enacted after the Issue Date of the first Tranche of the relevant Series and it is impossible for the Issuer due to an event beyond its control, to comply with such law, rule or regulation);

  • Business Condition means the current business, financial condition, results of operations and assets of a corporate entity.

  • Specified Conditions means, at any time of determination thereof, (a) no Incremental Term Loans in the form of an institutional term loan B facility have been issued and are outstanding pursuant to Section 2.20 of the Credit Agreement and (b) (i) the Company’s “corporate credit rating” from S&P (or such other term as S&P may from time to time use to describe the Company’s senior unsecured non-credit enhanced long term indebtedness, such rating, the “S&P Rating”) shall be at least BBB- (with a stable outlook) and the Company’s “corporate family rating” from Xxxxx’x (or such other term as Xxxxx’x may from time to time use to describe the Company’s senior unsecured non-credit enhanced long term indebtedness, such rating, the “Xxxxx’x Rating”) shall be at least Baa3 (with a stable outlook) or (ii) (x) the Company’s S&P Rating shall be at least BBB- (with a stable outlook) or the Company’s Xxxxx’x Rating shall be at least Baa3 (with a stable outlook) and (y) the Leverage Ratio is less than or equal to 2.50 to 1.00.

  • Offer Conditions has the meaning set forth in Section 1.01(b).

  • 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).

  • Parent Award means the Electrical Electronic and Communication Contracting Industry (State) Award.

  • Normal Operating Conditions means those Service conditions which are within the control of Grantee. Those conditions which are not within the control of Grantee include, but are not limited to, natural disasters, civil disturbances, power outages, telephone network outages, and severe or unusual weather conditions. Those conditions which are ordinarily within the control of Grantee include, but are not limited to, special promotions, pay-per-view events, rate increases, regular peak or seasonal demand periods, and maintenance or upgrade of the Cable System.

  • Performance Condition means any performance condition imposed under rule 3;

  • Extension Conditions Defined in Section 3.06(a).

  • Disadvantageous Condition has the meaning set forth in Section 2.01(d).

  • Restricted Share means a Share awarded to a Participant pursuant to Article 6 that is subject to certain restrictions and may be subject to risk of forfeiture.

  • performance requirement means a requirement that: