Financing Condition definition

Financing Condition means the Condition set out paragraph 2 of Schedule 2;

Financing Condition means the condition pursuant to which we will not be obligated to accept Existing Notes for purchase under this Offer unless we successfully obtain the Requisite Proceeds through the Resecuritization Process.

Financing Condition means the first date following the Effective Date when the Funding Commitments and the initial amounts contemplated to be funded thereunder pursuant to the Funding Plan are available.

Examples of Financing Condition in a sentence

• A failure to cancel as provided in this Section 2.3(b) shall have no effect on the Financing Condition set forth in Section 2.2(a).

• It is possible that the Financing Condition might not be met with respect to any series of Notes with any Acceptance Priority Level, and such series of Notes will not be accepted for purchase, even if one or more series of Notes with a lower Acceptance Priority Level is accepted for purchase.

• Accordingly, none of the Notes shall be deemed due and payable on the Redemption Date unless and until the Financing Condition is satisfied or waived by the Issuer.

• The Issuer will provide notice to Holders of Notes prior to the Redemption Date as to whether the Financing Condition will be satisfied or waived.

• If the Purchaser fails to provide the Commitment as aforesaid on or before the expiry of the Purchaser Financing Condition, the Vendor may declare the Purchaser to be in default under this Agreement and may exercise any or all of its remedies set forth in the Agreement and/or at law.

More Definitions of Financing Condition

Financing Condition means the condition in paragraph 3 of Schedule 1 (Conditions to Completion);

Financing Condition has the meaning set forth in Section 6.2.

Financing Condition has the meaning ascribed to it in ARTICLE III.

Financing Condition means the execution of Funding Agreements in the aggregate amount required for the Project.

Financing Condition means that Volcan shall have completed the proposed Bond Offering on terms and conditions satisfactory to Volcan, and that Volcan shall have received net cash proceeds from the Bond Offering in an amount sufficient to fund (i) the aggregate Total Consideration, with respect to the Notes validly tendered at or prior to the Early Tender Date, and (ii) the aggregate Tender Offer Consideration, with respect to any remaining Notes (subject to the Maximum Tender Amount and proration), plus in each case Accrued Interest (subject to the Maximum Tender Amount and proration), as well as any related fees and expenses relating to the Offer to Purchase and the Bond Offering. There can be no assurance that the Financing Condition will be satisfied on a timely basis, if at all.

Financing Condition has the meaning ascribed to it in Section 4.

Financing Condition means confirmation (1) that LICENSEE has issued and sold equity securities resulting in gross proceeds to LICENSEE of at least $25 million, and (2) that the net worth of the LICENSEE immediately following such financing shall be at least $22.5 million. To satisfy the Financing Condition, LICENSEE shall provide PFIZER with a Balance Sheet, certified by LICENSEE’s President or Chief Financial Officer, and such other evidence as PFIZER may reasonably request.