General Funding Conditions means each of the following conditions to any WCMA Loan by MLBFS hereunder: (A) no Default shall have occurred and be continuing or would result from the making of any WCMA Loan hereunder by MLBFS; (B) there shall not have occurred and be continuing any material adverse change in the business or financial condition of Customer or any Guarantor; (C) all representations and warranties of Customer or any Guarantor herein or in any Additional Agreements shall then be true and correct in all material respects; (D) MLBFS shall have received this Loan Agreement and all of the Additional Agreements, duly executed and filed or recorded where applicable, all of which shall be in form and substance reasonably satisfactory to MLBFS; (E) MLBFS shall have received evidence reasonably satisfactory to it as to the ownership of the Collateral and the perfection and priority of MLBFS' liens and security interests thereon, as well as the ownership of and the perfection and priority of MLBFS' liens and security interests on any other collateral for the Obligations furnished pursuant to any of the Additional Agreements; (F) MLBFS shall have received evidence reasonably satisfactory to it of the insurance required hereby or by any of the Additional Agreements; and (G) any additional conditions specified in the "WCMA Line of Credit Approval" letter executed by MLBFS with respect to the transactions contemplated hereby shall have been met to the reasonable satisfaction of MLBFS.
General Funding Conditions means each of the following conditions to any loan or advance by MLBFS hereunder: (i) no Event of Default, or event which with the giving of notice, passage of time, or both, would constitute an Event of Default, shall have occurred and be continuing or would result from the making of such loan or advance hereunder by MLBFS; (ii) there shall not have occurred and be continuing any material adverse change in the business or financial condition of Customer or any Guarantor; (iii) all representations and warranties of Customer or any Guarantor herein or in any Additional Agreements shall then be true and correct in all material respects; (iv) MLBFS shall have received this Loan Agreement and all Additional Agreements, duly executed and filed or recorded where applicable, all of which shall be in form and substance reasonably satisfactory to MLBFS; (v) the Commitment Fee shall have been paid in full; (vi) MLBFS shall have received, as and to the extent applicable, copies of invoices, bills of sale, loan payoff letters and/or other evidence reasonably satisfactory to it that the proceeds of the Loan will satisfy the Loan Purpose; (vii) MLBFS shall have received evidence reasonably satisfactory to it as to the ownership of the Collateral and the perfection and priority of MLBFS' liens and security interests thereon, as well as the ownership of and the perfection and priority of MLBFS' liens and security interests on any other collateral for the Obligations furnished pursuant to any of the Additional Agreements; (viii) MLBFS shall have received evidence reasonably satisfactory to it of the insurance required hereby or by any of the Additional Agreements; and (ix) any additional conditions specified in the "Term WCMA Approval" letter executed by MLBFS with respect to the transactions contemplated hereby shall have been met to the reasonable satisfaction of MLBFS.
General Funding Conditions means each of the following conditions to any WCMA Loan by MLBFS hereunder: (i) no Default shall have occurred and be continuing or would result from the making of any WCMA Loan hereunder by MLBFS;
Examples of General Funding Conditions in a sentence
Provided that: (i) the Commitment Expiration Date shall not then have occurred, and (ii) Customer shall have subscribed to the WCMA Program and its subscription to the WCMA Program shall then be in effect, the Activation Date shall occur on or promptly after the date, following the acceptance of this Loan Agreement by MLBFS at its office in Chicago, Illinois, upon which each of the General Funding Conditions shall have been met or satisfied to the reasonable satisfaction of MLBFS.
Amounts in the General Funding Conditions are not subject to appeal and thus must be followed by the Department.
These General Funding Conditions (GFC)1 shall apply to any funding contracts managed by Österreichische Forschungsförderungs GmbH (hereinafter referred to as “the Funding Agency“) in its capacity as the funding institution appointed by the respective funding provider for the management of funding agreements.
STW may allow an exception to this rule, for example if one user makes a very significant contribution to the proposed project (see STW’s General Funding Conditions at www.stw.nl).Research proposals from a medical faculty or university medical centre should have potential users, just like other proposals.
The Authority’s success rate with planning appeals is a national Best Value Performance Indicator although the target level is set locally and the national BVPI is concerned only with appeals against refusals of planning permission.
More Definitions of General Funding Conditions
General Funding Conditions means each of the following conditions to any WCMA Loan by MLBFS hereunder: (A) no Default shall have occurred and be continuing or would result from the making of any WCMA Loan hereunder by MLBFS; (B) there shall not have occurred and be continuing any material adverse change in the business or financial condition of Customer or any Guarantor; (C) all representations and warranties of Customer or any Guarantor herein or in any Additional Agreements shall then be true and correct in all material respects; (D) MLBFS shall have received this Loan Agreement and all of the Additional Agreements, duly executed and filed or recorded where applicable, all of which shall be in form and substance reasonably satisfactory to MLBFS; (E) MLBFS shall have received evidence reasonably satisfactory to it as to the ownership of and the perfection and priority of MLBFS' liens and security interests on any collateral for the Obligations furnished pursuant to any of the Additional Agreements; and (F) any additional conditions specified in the "WCMA Line of Credit Approval" letter executed by MLBFS with respect to the transactions contemplated hereby shall have been met to the reasonable satisfaction of MLBFS.
General Funding Conditions means each of the following conditions to any Loan or issuance of any Letter of Credit by MLBFS or any Issuing Bank hereunder: (i) Customer shall have validly subscribed to and continued to maintain the WCMA Accounts and WCMA Service with MLPF&S, and the WCMA Accounts shall then be reflected as active "commercial" WCMA Accounts (i.e., ones with line of credit capabilities) on MLPF&S' WCMA computer system; (ii) no Default or Event of Default shall have occurred and be continuing or would result from the making of such Loan or issuance of such Letter of Credit hereunder by MLBFS or any Issuing Bank; (iii) there shall not have occurred and be continuing any material adverse change since September 30, 2003 in the business or financial condition of the Business Credit Parties taken as a whole; (iv) all representations and warranties of all of the Credit Parties herein or in any of the Loan Documents shall then be true and correct in all material respects; (v) MLBFS shall have received this Loan Agreement and all of the other Loan Documents (including, without limitation, each of the Loan Documents described in the definition of "Real Property Funding Condition") duly executed and filed or recorded where applicable, all of which shall be in form and substance satisfactory to MLBFS; (vi) MLBFS shall have received evidence reasonably satisfactory to it as to the ownership of the Collateral and the perfection and priority of MLBFS' liens and security interests thereon, as well as the ownership of and the perfection and priority of MLBFS' liens and security interests on any other collateral for the Obligations furnished pursuant to any of the Loan Documents; (vii) MLBFS shall have received evidence reasonably satisfactory to it of the insurance required hereby or by any of the Loan Documents; (viii) MLBFS shall have received a fully executed original of the Subordination Agreement together with an agreement among Stratagene and the holders of the Indebtedness evidenced by the Subordinated Debt Documents amending the terms thereof in form and substance satisfactory to MLBFS and (ix) any additional conditions specified in the commitment letter dated October 21, 2003 and executed by MLBFS with respect to the transactions contemplated hereby shall have been met to the satisfaction of MLBFS or otherwise waived.
General Funding Conditions means each of the following conditions to each loan or advance by MLBFS hereunder: (i) no Default or Event of Default shall have occurred and be continuing or would result from the making of any such loan or advance hereunder by MLBFS; (ii) there shall not have occurred and be continuing any material adverse change in the business or financial condition of any Credit Party; (iii) all representations and warranties of all of the Credit Parties herein or in any of the Loan Documents shall then be true and correct in all material respects; (iv) MLBFS shall have received this Loan Agreement and all of the other Loan Documents, duly executed and filed or recorded where applicable, all of which shall be in form and substance satisfactory to MLBFS; (v) MLBFS shall have received, as and to the extent applicable, copies of invoices, bills of sale, loan payoff letters and/or other evidence satisfactory to it that the proceeds of the Loan will satisfy the Loan Purpose; and (vi) MLBFS shall have received evidence satisfactory to it as to the ownership of and the perfection and priority of MLBFS’ liens and security interests on any collateral for the Obligations furnished pursuant to any of the Loan Documents.
General Funding Conditions means each of the following conditions to any WCMA Loan by MLBFS hereunder: (i) Customer shall have validly subscribed to and continued to maintain the WCMA Account with MLPF&S, and the WCMA Account shall then be reflected as an active "commercial" WCMA Account (i.e., one with line of credit capabilities) on MLPF&S' WCMA computer system; (ii) no Default or Event of Default shall have occurred and be continuing or would result from the making of any WCMA Loan hereunder by MLBFS;
General Funding Conditions means each of the following conditions to any obligations of Lessor hereunder: (i) no Default shall have occurred and be continuing or would result from the execution of the Lease Documents or the consummation of the transactions contemplated hereby; (ii) there shall not have occurred and be continuing any material adverse change in the business or financial condition of Lessee; (iii) all representations and warranties of Lessee in this Lease or any of the Additional Lease Documents shall then be true and correct in all material respects; (iv) Lessor shall have received this Lease and applicable Schedule and any other Additional Lease Documents, duly executed and filed or recorded where applicable, all of which shall be in form and substance reasonably satisfactory to Lessor; (v) Lessor shall have received evidence satisfactory to it of the insurance required hereby or by any of the Additional Lease Documents; (vi) Lessor shall have received from any Broker retained by Lessee written confirmation of its receipt of any commission, fee or charge owing to it or its waiver of any claim against Lessor in regard thereto; and (vii) any additional conditions specified in the applicable Schedule or in any other Lease Document shall have been met to the reasonable satisfaction of Lessor.
General Funding Conditions means each of the following conditions to any WCMA Loan by MLBFS hereunder: (A) no Event of Default, or event which with the giving of notice, passage of time, or both, would constitute an Event of Default, shall have occurred and be continuing or would result from the making of any WCMA Loan hereunder by MLBFS; (B) there shall not have occurred and be continuing any material adverse change in the business or financial condition of Customer; (C) all representations and warranties of Customer herein or in any Additional Agreements shall then be true and correct in all material respects; (D) MLBFS shall have received this Loan Agreement and all of the Additional Agreements, duly executed and filed or recorded where applicable, all of which shall be in form and substance reasonably satisfactory to MLBFS; and (E) any additional conditions specified in the "WCMA Line of Credit Approval" letter executed by MLBFS with respect to the transactions contemplated hereby shall have been met to the reasonable satisfaction of MLBFS.
General Funding Conditions means each of the following conditions to any WCMA Loan by MLBFS hereunder: (i) no Default shall have occurred and be continuing or would result from the making of any WCMA Loan hereunder by MLBFS; (ii) there shall not have occurred and be continuing any material adverse change in the business or financial condition of Customer; (iii) all representations and warranties of Customer herein or in any