Issuance Condition definition

Issuance Condition means one of the following events has occurred:
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Issuance Condition has the meaning given to such term in the LC Facility Agreement.
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Issuance Condition means the occurrence of one of the following events on or before the third anniversary of the Closing (the “Issuance Condition Outside Date”):
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Examples of Issuance Condition in a sentence

  • The Issuance Condition Precedent3 shall be a condition precedent to the effectiveness of the A&R.

  • If the Additional Shares Issuance Condition does not occur, no vote of the holders of any class or series of the capital stock of Parent is necessary (under the Parent Organizational Documents, applicable Laws, any stock exchange rules or otherwise) to approve the issuance of Parent Common Stock in connection with the transactions contemplated hereby; provided, that if the Additional Shares Issuance Condition does occur, the Requisite Parent Vote shall be required.

  • Period the Company shall keep the Agent informed of its progress towards meeting the Issuance Condition Precedent (including by responding to queries from the Agent (acting on the instructions of the Majority Lenders (acting reasonably)) and shall upon completion of the Issuance Condition Precedent notify the Agent thereof.

  • This Agreement shall terminate automatically, without any action of the Company or the Purchaser being required, on the Issuance Condition Outside Date.

  • Subject to the terms and conditions hereof, upon the satisfaction of the Warrant Issuance Condition (in the reasonable estimation of the Company), the Company will issue the Company Warrant to the Investor; PROVIDED, HOWEVER, that if the Warrant Issuance Condition is not satisfied on or before December 31, 1999, then the Company's obligations under this Section 1.2 (and with respect to the Company Warrant in all respects) shall terminate and be of no further force or effect.

  • The right to purchase the Warrant Shares represented by this Warrant is exercisable, in whole or in part by the Warrantholder, at any time or from time to time during the period commencing on the date when the Additional Issuance Condition is first satisfied (the “Exercise Start Date”), and ending on the date falling three (3) months after the Exercise Start Date (such time, the “Expiration Time”).

  • The issuance of one or more Notes aggregating an additional Five Million Dollars ($5,000,000) (the “Subsequent Issuance Purchase Price” and, together with the Closing Purchase Price, the “Purchase Price”) shall be on or before the fifth business day after the compliance with the Subsequent Issuance Condition as defined in Section 1(d) (the “Subsequent Issuance Date”).

  • Additional Shares Issuance Condition Section 10.1(a) Advance Agreement Section 10.1(b) Affiliate Section 10.1(c) Agreement Preamble Amended Administration Services Agreement Section 7.2(i) Arbitration Request Section 8.6(b) Audited 2004 Financials Section 4.14(b) Audited 2003 Financials.

  • The Issuer has in accordance with its articles of association and by resolution of board of directors passed on or before the date of this Instrument, subject to satisfaction of the Issuance Condition, created and authorised the issue of a maximum principal amount of up to £2,700,000 Notes, such Notes to be constituted as hereinafter provided and subject to, and with the benefit of, the Schedules attached hereto which shall be deemed to form part of this Instrument.

  • Once the Issuance Condition is approved and verified by Investor, Growlife will be obligated to issue the Wise Phoenix Shares and the AJOA Shares.


More Definitions of Issuance Condition

Issuance Condition means, with respect to a ▇. ▇▇▇▇ Payment Obligation, that a Letter of Credit has been issued under this Agreement and the available amount of such Letter of Credit at the time of issuance is no less than the amount of the ▇. ▇▇▇▇ Payment Obligation applicable to the Crude Oil the purchase of which is being supported by such Letter of Credit (plus, in the case of Letters of Credit issued to support FOB Crude Oil Purchases, Ancillary Costs).
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Issuance Condition means the “Issuance Condition” under and as defined in the LC Facility Agreement as in effect on the LC Facility Amendment Effective Date.
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Related to Issuance Condition

  • Acceptance Condition means the acceptance condition to any Offer;

  • Performance Condition means a condition related to performance which is specified by the Committee under Rule 3.1 (Terms of grant);

  • Trading Price Condition shall have the meaning specified in Section 14.01(b)(i).

  • Performance Conditions means specific levels of performance of the Company (and/or one or more members of the Company Group, divisions or operational and/or business units, product lines, brands, business segments, administrative departments, or any combination of the foregoing), which may be determined in accordance with GAAP or on a non-GAAP basis, including, without limitation, the following measures: (i) net earnings, net income (before or after taxes), or consolidated net income; (ii) basic or diluted earnings per share (before or after taxes); (iii) net revenue or net revenue growth; (iv) gross revenue or gross revenue growth, gross profit or gross profit growth; (v) net operating profit (before or after taxes); (vi) return measures (including, but not limited to, return on investment, assets, capital, employed capital, invested capital, equity, or sales); (vii) cash flow measures (including, but not limited to, operating cash flow, free cash flow, or cash flow return on capital), which may be but are not required to be measured on a per share basis; (viii) actual or adjusted earnings before or after interest, taxes, depreciation, and/or amortization (including EBIT and EBITDA); (ix) gross or net operating margins; (x) productivity ratios; (xi) share price (including, but not limited to, growth measures and total stockholder return); (xii) expense targets or cost reduction goals, general and administrative expense savings; (xiii) operating efficiency; (xiv) objective measures of customer/client satisfaction; (xv) working capital targets; (xvi) measures of economic value added or other ‘value creation’ metrics; (xvii) enterprise value; (xviii) sales; (xix) stockholder return; (xx) customer/client retention; (xxi) competitive market metrics; (xxii) employee retention; (xxiii) objective measures of personal targets, goals, or completion of projects (including, but not limited to, succession and hiring projects, completion of specific acquisitions, dispositions, reorganizations, or other corporate transactions or capital-raising transactions, expansions of specific business operations, and meeting divisional or project budgets); (xxiv) comparisons of continuing operations to other operations; (xxv) market share; (xxvi) cost of capital, debt leverage, year-end cash position or book value; (xxvii) strategic objectives; (xxviii) gross or net authorizations; (xxix) backlog; or (xxx) any combination of the foregoing. Any one or more of the aforementioned performance criteria may be stated as a percentage of another performance criteria, or used on an absolute or relative basis to measure the performance of one or more members of the Company Group as a whole or any divisions or operational and/or business units, product lines, brands, business segments, or administrative departments of the Company and/or one or more members of the Company Group or any combination thereof, as the Committee may deem appropriate, or any of the above performance criteria may be compared to the performance of a selected group of comparison companies, or a published or special index that the Committee, in its sole discretion, deems appropriate, or as compared to various stock market indices.

  • Conversion Floor Price Condition means that the relevant Alternate Conversion Price is being determined based on clause (x) of such definitions.