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.

• Condition 1: Facility Inspection by the DepartmentApplicable State Requirement: ECL 19-0305 Item 1.1:The permitted site or facility, including relevant records, is subject to inspection at reasonable hours and intervals by an authorized representative of the Department of Environmental Conservation (the Department) to determine whether the permittee is complying with this permit and the ECL.

• Business Day Centre(s): The applicable Business Day Centre for the purposes of the definition of "Business Day" in Condition 1 is TARGET2.

• The Operator shall provide the National Administrator with all the necessary information for the opening of an Operator holding account for the installation described in Condition 1 of this permit within twenty working days of the issue of this permit, unless such an account is already open.

• It is the duty of the permit holder to acquaint themselves, and comply, with all other relevant legal obligations (including any obligation in relation to restrictive covenants and easements affecting the site) and to obtain other required permits, consents or approvals.N3 The amendments specified in Condition 1 of this Permit and any additional modifications which are “necessary or consequential” are those that will be assessed by Council when plans are lodged to satisfy that condition.

More Definitions of Condition 1

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. All three triggering conditions associated with a lower numbered LIP Stage, as described in Table LIP-4, are met. OR • Condition 2: High Rock Reservoir water elevations return to at or above the NME plus 2.5 ft. OR • Condition 3: High Rock Reservoir water elevations return to at or above the NME for 2 consecutive weeks.

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 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;

Condition 1 means the satisfaction of the conditions set out in paragraphs 3 and 4; "condition 2" means the satisfaction of the conditions set out in paragraphs 5, 6 and 7; "domestic supply" has the meaning given in the Water Industry Act 1991;

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.