Financial Difficulties means a situation in which one or more of the following apply to a credit facility agreement or alternative arrangement:

Financial Difficulties means the following circumstances:

Financial Difficulties means a situation whereby a natural person has missed two repayments;

Examples of Financial Difficulties in a sentence

Except under conditions of financial exigency, as defined by the Policy on Dealing with the Effect of Financial Difficulties Upon Faculty at IUPUI, elimination of a program shall not result in the termination of either tenured faculty or those serving with unexpired terms of appointment.
Financial Difficulties Resolution Process, and How It WorksThere are 4 steps: We need to talk…It is in your interest to engage with us about your arrears or financial difficulties.
IPL shall be entitled to end the Contract on written notice if the Supplier is experiencing Significant Financial Difficulties.
Financial Difficulties: If you have any difficulty in paying us, please contact your Branch and let us know as soon as possible.
Stamp, S., An Exploratory Analysis of Financial Difficulties among Those Living Below the Poverty Line in Ireland, Combat Poverty Agency, Dublin, 2009.

More Definitions of Financial Difficulties

Financial Difficulties means any of the following events, occurring by and/or against Tenant or any guarantor of this Lease, as applicable:

Financial Difficulties means: - Circumstances in which the buyer is or appears to be unable to pay debts incurred in the ordinary course of business as and when they fall due.

Financial Difficulties will be deemed to exist at any time when the ratio of (i) the consolidated earnings before interest, taxation, depreciation and amortization of WCG to (ii) the sum of the total amount of cash dividends due on the outstanding Preferred Shares (whether or not paid) plus the total amount of all cash interest and other payments due with respect to money borrowed by any direct or indirect subsidiary of the Company, is less than 1.7 in 1999 or 1.9 in 2000.

Financial Difficulties means any time at which the Company is unable to pay its obligations to its creditors in accordance with any agreed- upon terms, as reasonably determined by the Board acting in good faith.

Financial Difficulties has the meaning set forth in the FASB ASC 000-00-00-00.

Financial Difficulties that shall give rise to Manufacturer’s direct payement of reimbursement funds to Retailer include:

Financial Difficulties means any time at which the Company is unable to pay its obligations to its creditors in accordance with any agreed-upon terms, as reasonably determined by the Board acting in good faith.