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

  • In the event of any conflict between the requirements set out in this Condition (1), the Contractor shall notify the Authority and the Authority shall instruct the Contractor as to which requirement should apply.

  • If any limitation or provision contained or expressly referred to in this Condition [1] is held to be invalid under any Law, it will be deemed to be omitted to that extent, and if any Party becomes liable for loss or damage to which that limitation or provision applied, that liability will be subject to the remaining limitations and provisions set out in this Condition [1].

  • General Condition 1 establishes a time limit for the completion of the activity authorized by this permit.

  • 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”: FREEHOLD TENTATIVE – October 7, 2020 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 .

  • Condition 1 - The state superintendent may waive the individual school class load requirements (see Appendix B) as established in provisions of state statute as follows: Waivers shall be applied for annually and a waiver shall not be granted for more than two consecutive years.


More Definitions of Condition 1

Condition 1 means the normal operation of the EMS System in which Patient Transport is handled by the Ambulance Contractor.
Condition 1 means the Companies and their subsidiaries achieving not less than after tax net income of US$ 5 million as determined under United States Generally Accepted Accounting Principles consistently applied (“US GAAP”) for the fiscal year ended December 31, 2009.
Condition 1. The net asset value after deduction of all costs calculated from the performance start date is positive.
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 by Purchaser, the Company and FUYI into the School Agreements.
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.
Condition 1 means the Road Board has approved a work program for preventive maintenance of the national roads for FY 2008, FY 2009, FY 2010, FY 2011, respectively, and has allocated sufficient funds therefor, in each case, based on a program developed and prioritized by DPWH using its planning systems and survey information;