Condition 1 definition

Condition 1 means the terms of this Agreement applicable to a Unit providing service under Condition 1 as described in Section 3.1.

Condition 1 means: the entry by the Purchaser and the Company into a binding employment agreement for a term of not less than five years for Purchaser to serve as the Company’s deputy general manager.

Condition 1 means the Company and its subsidiaries achieving not less than after tax net income of US$ 2 million as determined under United States Generally Accepted Accounting Principles consistently applied (“US GAAP”) for the fiscal year ended June 30, 2011.

Examples of Condition 1 in a sentence

• Condition 1 is imposed to ensure that the Works are built and operated in the manner in which they were described for review and upon which approval was granted.

• The undertakings in this Condition 1 remain in force for so long as any of the Notes are outstanding.

• The obligation of each of the Purchaser and Vendor to complete this purchase and sale transaction is subject to satisfaction (or waiver, if applicable) of the following conditions and any such conditions set out in an appendix headed “Early Termination Conditions”: Description of the Early Termination Condition: The Approving Authority (as that term is defined in Schedule A) is: The date by which Condition #1 is to be satisfied is the day of , 20 .

• If CAISO has issued a Dispatch Notice for Ancillary Services to a Unit under Condition 1, Owner may enter into Market Transactions for Energy or Ancillary Services at any level that does not preclude compliance with the Dispatch Notice.

• If CAISO has issued a Dispatch Notice for Energy to a Unit under Condition 1, Owner may enter into Market Transactions for Energy at any level during the Requested Operation Period, and may enter into a Market Transaction for Ancillary Services at any level that does not preclude compliance with the Dispatch Notice.

More Definitions of Condition 1

Condition 1 means the Companies and their subsidiaries achieving not less than after tax net income of US$ 1 million as determined under United States Generally Accepted Accounting Principles consistently applied (“US GAAP”) for the fiscal year ended December 31, 2009.

Condition 1 means the normal operation of the EMS System in which Patient Transport is handled by the Ambulance Contractor.

Condition 1. All three triggering conditions associated with a lower numbered LIP Stage, as described in Table LIP-4, are met. • Condition 2: High Rock Reservoir water elevations return to at or above the NME plus

Condition 1 means the entry by Purchaser, the Company and FUYI into the School Agreements.

Condition 1 means the Company filing with the U.S. Securities and Exchange Commission (the “SEC”) its quarterly report on Form 10-Q for the fiscal quarter ended November 30, 2009.

Condition 1 means in respect of a Component, CNYmat fixes above the relevant Barrier and at or below the relevant Strike, subject to the Target Redemption Feature and Conditions.

Condition 1 means the entry of a binding employment agreement between Mr. Hexi Feng and Telstar for a term of not less than five years, where Mr. Hexi Feng will serve as the Chief Executive Officer of Telstar.