Initial Condition definition

Initial Condition has the meaning set forth in Section 8.1.
Sample 1Sample 2Sample 3
Initial Condition means the condition of Designated Roads prior to commencement of construction of the Project or Improvements as documented in the Initial Evaluation, or, in the case of an Initial Evaluation conducted prior to Extraordinary Maintenance, the condition of the applicable Designated Road(s) prior to commencement of the Extraordinary Maintenance.
Sample 1
Initial Condition has the meaning set forth in Section 9.1. “Intercreditor Agreement” means an intercreditor agreement to be entered into by and among the Agent and the Required Intercreditor Counterparties, which shall be in form and substance satisfactory to the Agent. “Interest Period” means, with respect to a Term SOFR Loan, a period of three or six months (in each case, subject to the availability thereof) commencing on a Business Day selected by the applicable Borrower pursuant to this Agreement and ending on the day that corresponds numerically to such date three or six months thereafter; provided that (a) any Interest Period that would otherwise end on a day that is not a Business Day shall be extended to the next succeeding Business Day unless such succeeding Business Day falls in a new calendar month, in which case such Interest Period shall end on the immediately preceding Business Day; (b) any Interest Period that commences on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of such Interest Period; (c) no Interest Period shall extend beyond the Termination Date; and (d) no tenor that has been removed from this definition pursuant to Section 7.3(b)(iv) may be available for selection by the Company. “Investments” has the meaning set forth in Section 13.6. “ISDA Definitions” means the 2006 ISDA Definitions published by the International Swaps and Derivatives Association, Inc. or any successor thereto, as amended or supplemented from time to time, or any successor definitional booklet for interest rate derivatives published from time to time by the International Swaps and Derivatives Association, Inc. or such successor thereto. “Landlord’s Consent” has the meaning set forth in Section 12.13. “LC Agreement” has the meaning set forth in Section 5.3. “LC Application” has the meaning set forth in Section 5.3. “LC Collateral Account” has the meaning set forth in Section 5.11. “LCDC” means Lithia Community Development Company, Inc., an Oregon corporation. “LC Fee” has the meaning set forth in Section 5.10.1. “LC Fee Percentage” has the meaning set forth in the Pricing Schedule. 23 115525625.4 0063724-00082
Sample 1

Examples of Initial Condition in a sentence

  • The Issuer's obligation to pay or procure the payment of the Initial Remittance under the Deposit Agreement will be subject to the condition precedent that the Dealer has determined in its absolute discretion that it has received from the Authorised Offeror an amount equal to the Initial Purchase Payment Amount by no later than the Initial Condition Precedent Time on the Initial Condition Precedent Date.

  • Initial Condition Precedent Time: 12:00 (midday) (Central European Time).

  • Initial Condition Precedent Time: 12:00 (midday) Central European Time.

  • The Issuer's obligation to pay the purchase price of the Reference Securities will be subject to the condition precedent that the Dealer has determined inits absolute discretion that it has received from theAuthorised Offeror an amount equal to the Initial Purchase Payment Amount by no later than the Initial Condition Precedent Time on the Initial Condition Precedent Date.

  • The Issuer's obligation to pay the purchase price of the Reference Securities will be subject to the condition precedent that the Dealer has determined in its absolute discretion that it has received from the Authorised Offeror an amount equal to the Initial Purchase Payment Amount by no later than the Initial Condition Precedent Time on the Initial Condition Precedent Date.

  • Category Initial Condition Category Initial Condition Category Initial Condition Category Initial Condition ii.

  • Impact of Basin Scale and Initial Condition on Ensemble Streamflow Forecast Uncertainty.

  • The Issuer's obligation to pay the purchase price of the Reference Securities will be subject to the condition precedent that the Dealer has determined in its absolute discretion that it has received from theAuthorised Offeror an amount equal to the Initial Purchase Payment Amount by no later than the Initial Condition Precedent Time on the Initial Condition Precedent Date.

  • Prior to the End Date, the Operator shall conduct a condition survey of the Facilities using the Initial Condition Survey as a guide (the “Final Condition Survey”).

  • Initial Condition Table 1: ERCOT-specific Reliability Performance Criteria (2) ERCOT and the TSPs shall endeavor to resolve any performance deficiencies as appropriate.


More Definitions of Initial Condition

Initial Condition has the meaning set forth in Section 9.1. “Intercreditor Agreement” means an intercreditor agreement to be entered into by and among the Agent, one or more Floorplan Administrative Agents (to be defined therein) and/or Floorplan Lenders (to be defined therein) required to be party thereto pursuant to this Agreement and each Dual Subsidiary Lender required to be party thereto pursuant to this Agreement and acknowledged by the Company on behalf of itself and its Subsidiaries and the Required Intercreditor Counterparties, which shall be in form and substance satisfactory to the Agent. “Interest Period” means, with respect to a EurocurrencyTerm SOFR Loan, a period of one monththree or six months (in each case, subject to the availability thereof) commencing on a Business Day selected by the applicable Borrower pursuant to this Agreement and ending on the day that corresponds numerically to such date one monththree or six months thereafter; provided that (a) any Interest Period that would otherwise end on a day that is not a Business Day shall be extended to the next succeeding Business Day unless such succeeding Business Day falls in a new calendar month, in which case such Interest Period shall end on the immediately preceding Business Day; (b) any Interest Period that commences on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of such Interest Period; and (c) no Interest Period shall extend beyond the Termination Date; and 24 110393723.6 0063724-00082 115525625.4 0063724-00082
Sample 1
Initial Condition has the meaning set forth in Section 9.1. “Intercreditor Agreement” means an intercreditor agreement to be entered into by and among the Agent and the Required Intercreditor Counterparties, which shall be in form and substance satisfactory to the Agent. “Interest Period” means, with respect to a Term SOFR Loan, a period of three or six months (in each case, subject to the availability thereof) commencing on a Business Day selected by the applicable Borrower pursuant to this Agreement and ending on the day that corresponds numerically to such date three or six months thereafter; provided that (a) (a) any Interest Period that would otherwise end on a day that is not a Business Day shall be extended to the next succeeding Business Day unless such succeeding Business Day falls in a new calendar month, in which case such Interest Period shall end on the immediately preceding Business Day; (b) (b) any Interest Period that commences on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of such Interest Period; (c) (c) no Interest Period shall extend beyond the Termination Date; and (d) (d) no tenor that has been removed from this definition pursuant to Section 7.3(b)(iv) may be available for selection by the Company. “Investments” has the meaning set forth in Section 13.6. “ISDA Definitions” means the 2006 ISDA Definitions published by the International Swaps and Derivatives Association, Inc. or any successor thereto, as amended or supplemented from time to time, or any successor definitional booklet for interest rate derivatives published from time to time by the International Swaps and Derivatives Association, Inc. or such successor thereto. 23 13483422v8
Sample 1
Initial Condition means any condition set out in Clause 3.1 and “Initial Conditions” means all of them.
Sample 1

Related to Initial Condition

  • Special Condition means a condition of a Transporter's Licence or Shipper's Licence other than a Standard Condition;

  • Additional Conditions means the terms and conditions set out in the Offer Document.

  • Special Conditions means Special Conditions of Contract, which override the General Conditions, also referred to as SCC.

  • Abnormal Condition means any condition on the Interconnection Facilities which, determined in accordance with Good Utility Practice, is: (i) outside normal operating parameters such that facilities are operating outside their normal ratings or that reasonable operating limits have been exceeded; and (ii) could reasonably be expected to materially and adversely affect the safe and reliable operation of the Interconnection Facilities; but which, in any case, could reasonably be expected to result in an Emergency Condition. Any condition or situation that results from lack of sufficient generating capacity to meet load requirements or that results solely from economic conditions shall not, standing alone, constitute an Abnormal Condition.

  • Terminal condition means an incurable condition caused by injury, disease, or illness that according to reasonable medical judgment will produce death within six months, even with available life-sustaining treatment provided in accordance with the prevailing standard of medical care.

  • General Condition means these General Terms and Conditions of Contract.

  • Environmental Condition means any condition or circumstance, including the presence of Hazardous Substances which does or would (i) require assessment, investigation, abatement, correction, removal or remediation under any Environmental Law, (ii) give rise to any civil or criminal Liability under any Environmental Law, (iii) create or constitute a public or private nuisance or (iv) constitute a violation of or non-compliance with any Environmental Law.

  • Supplemental Conditions means those terms and conditions, if included in the Agreement by mutual written agreement of the Parties, which add to or modify the Agreement and are incorporated by reference as if fully set forth in the Agreement. In the case of a conflict between the Supplemental Conditions and the Agreement, the Supplemental Conditions shall prevail.

  • Environmental Conditions means any conditions of the environment, including, without limitation, the work place, the ocean, natural resources (including flora or fauna), soil, surface water, ground water, any actual or potential drinking water supply sources, substrata or the ambient air, relating to or arising out of, or caused by the use, handling, storage, treatment, recycling, generation, transportation, Release or threatened Release or other management or mismanagement of Regulated Substances resulting from the use of, or operations on, the Property.

  • General Conditions means the “International Development Association General Conditions for Credits and Grants”, dated July 1, 2005 (as amended through October 15, 2006).

  • Adverse Environmental Condition means (i) the existence or the continuation of the existence, of an Environmental Contamination (including, without limitation, a sudden or non-sudden accidental or non-accidental Environmental Contamination), of, or exposure to, any substance, chemical, material, pollutant, Hazardous Substance, odor or audible noise or other release or emission in, into or onto the environment (including without limitation, the air, ground, water or any surface) at, in, by, from or related to any Equipment, (ii) the environmental aspect of the transportation, storage, treatment or disposal of materials in connection with the operation of any Equipment, or (iii) the violation, or alleged violation, of any Environmental Law, permits or licenses of, by or from any governmental authority, agency or court relating to environmental matters connected with any of the Equipment.

  • Hazardous financial condition means that, based on its present or reasonably anticipated financial condition, a risk retention group, although not yet financially impaired or insolvent, is unlikely to be able:

  • Medical condition means either of the following:

  • General Conditions Cost means costs incurred and minor work performed by Contractor without the need for competitive bids/proposals. The allowable General Conditions items are limited in Paragraph 11.1 and are further described on Exhibit “D”. The maximum allowable General Conditions Cost payable to Contractor during the Construction Phase of the Project is set out in Exhibit “A” attached to this Agreement.

  • Congenital Condition(s) means (a) any medical, physical or mental abnormalities existed at the time of or before birth, whether or not being manifested, diagnosed or known at birth; or (b) any neo-natal abnormalities developed within six (6) months of birth.

  • Physical Conditions Report means, with respect to the Property, a report prepared by a company satisfactory to Lender regarding the physical condition of the Property, satisfactory in form and substance to Lender in its sole discretion, which report shall, among other things, (a) confirm that the Property and its use complies, in all material respects, with all applicable Legal Requirements (including, without limitation, zoning, subdivision and building laws) and (b) include a copy of a final certificate of occupancy with respect to all Improvements on the Property.

  • Phase I Environmental Report means a report by an Independent Person who regularly conducts environmental site assessments in accordance with then current standards imposed by institutional commercial mortgage lenders and who has a reasonable amount of experience conducting such assessments.

  • GENERAL AND SPECIAL CONDITIONS OF CONTRACT means the instructions to Tenderer and General and special conditions of contract pertaining to the work for which above tenders have been called for.

  • Serious Medical Condition means all of the following medical conditions:

  • Extension Minimum Condition means a condition to consummating any Extension that a minimum amount (to be determined and specified in the relevant Extension Request, in the Borrower’s sole discretion) of any or all applicable Classes be submitted for Extension.

  • Initial Consideration shall have the meaning set forth in Section 5.01.

  • Qualifying medical condition means seizure disorder,

  • Property Condition Report means a report prepared by a company satisfactory to Lender regarding the physical condition of the Property, satisfactory in form and substance to Lender in its sole discretion.

  • Minimum Extension Condition has the meaning assigned to such term in Section 2.23(b).

  • Phase I Environmental Assessment A “Phase I assessment” as described in, and meeting the criteria of, the ASTM, plus a radon and asbestos inspection.

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.