Phase Is definition

Phase Is has the meaning assigned to such term in the definition ofReal Estate Collateral Requirements”.
Phase Is shall have the meaning assigned to such term in the definition ofGuarantee and Collateral Requirements.”
Phase Is has the meaning assigned to such term in the definition ofReal Estate Collateral Requirements”. “Plan” means a Single Employer Plan and a Multiple Employer Plan. “Platform” has the meaning specified in Section 9.02(d)(i). “Pounds Sterling” or “£” means the lawful currency of the United Kingdom (or Great Britain). “Primary Currency” has the meaning specified in Section 9.11(c). “PTE” means a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time to time. “Qualified Equity Issuance” means any issuance of Equity Interests (other than any Disqualified Equity Interests) by the Borrower (but excluding any issuances of Equity Interests to any Subsidiary of the Borrower). “Ratable Share” of any amount means (a) with respect to any Term A Lender at any time, the percentage of the Term A Facility represented by the principal amount of such Term A Lender’s Term A Advances or Term A Commitment at such time (b) with respect to any Tranche B Lender at any time, the percentage of the Tranche B Facility represented by the principal amount of such Tranche B Lender’s Tranche B Loans at such time, (c) with respect to any Tranche B2 Lender at any time, the percentage of the Tranche B2 Facility represented by the principal amount of such Tranche B2 Lender’s Tranche B2 Loans at such time, (d) with respect to any Tranche B3 Lender at any time, the percentage of the Tranche B3 Facility represented by the principal amount of such Tranche B3 Lender’s Tranche B3 Loans at such time, and (ec) with respect to any Revolving Credit Lender at any time, the percentage of the Revolving Credit Facility represented by such Revolving Credit L▇▇▇▇▇’s Revolving Credit Commitment at such time. If the commitment of each Revolving Credit Lender to make Revolving Credit Advances and the obligation of the Issuing Banks to Issue Letters of Credit have been terminated pursuant to Section 6.01, or if the Revolving Credit Commitments have expired, then the Ratable Share of each Revolving Credit Lender in respect of the Revolving Credit Facility shall be determined based on the Ratable Share of such Revolving Credit Lender in respect of the Revolving Credit Facility most recently in effect, giving effect to any subsequent assignments. “Real Estate Collateral Requirements” means the requirement that on the Effective Date, with respect to the Mortgaged Properties listed on Schedule 1.01(a) and thereafter as required by Section 5.01(l)(...

Examples of Phase Is in a sentence

  • The Phase I's shall be prepared by the Environmental Company so that they may be relied upon by both Seller and Purchaser.

  • The cost of such Phase I's and Asbestos Surveys shall be borne by the Seller.

  • German American shall be responsible for the costs of the Phase I's and German American and CF Bank shall each be responsible for fifty percent (50%) of the costs of any Phase II's.

  • The dates of such Phase I's and Asbestos Surveys and the names of the persons by whom they were prepared are listed on Schedule 4.4(c).

  • Buyer acknowledges receipt of the Phase Is and reliance letters addressed to Buyer with respect thereto.

  • The Sellers shall, upon request and reasonable advance notice from the Buyer, permit the Buyer and its agents to conduct Phase I environmental assessments for the Facilities (collectively, “Phase Is”), at the Buyer’s sole cost, and the Sellers shall make available for review and copy any previously prepared Phase Is or other environmental assessments in its possession conducted for any Facility or the Real Property.

  • Seller shall obtain any required Lessor's consent for Buyer to perform the Phase I's or Phase II's with respect to leased property.

  • The cost of the Phase Is shall be shared equally between Buyer and Seller, and shall be conducted during the thirty (30) day period following execution of this Agreement.

  • In the event Buyer fails to notify Seller of Buyer's disapproval of the Phase I's or Phase II's within the time period set forth in Section V.

  • Buyer hereby acknowledges receipt and approval for the purposes of this Section 4.1 of the Phase Is for the Properties listed on Schedule 4.1.3.2 hereto (the “Approved Phase Is”) and approval of the [***] Letter Form.


More Definitions of Phase Is

Phase Is as defined in Section 5.18(a).
Phase Is has the meaning assigned to such term in the definition ofReal Estate Collateral Requirements”. “Plan” means a Single Employer Plan and a Multiple Employer Plan. “Platform” has the meaning specified in Section 9.02(d)(i). 43
Phase Is has the meaning set forth in Section 6.23.