Qualifying Agreement definition
Examples of Qualifying Agreement in a sentence
At no time shall the aggregate number of Units (whether completed or under construction) owned by Borrowers, Guarantor or any subsidiary of Guarantor and not subject to a Qualifying Agreement of Sale exceed thirty percent (30%) of the total number of Units sold and settled by Borrowers, Guarantor and all subsidiaries of Guarantor during the immediately preceding four (4) Fiscal Quarters.
Following such discussions, if the CA is satisfied that the Part 2 Competition Test is met, the Operators may enter into an Agreement compliant with the Part 2 Competition Test and the CA shall certify such agreement as a Qualifying Agreement.
Each New Client shall be identified (by name, address, the date of the applicable Qualifying Agreement and the date of commencement of Client Services thereunder) by written notice from Licensee to CA at the earliest possible date (but in no event later than 60 days after the date on which Client Services are commenced for the benefit of such New Client) and shall be included in Licensee’s next following report pursuant to Section 16.
No advances of the Revolving Loan shall be made for the construction of any Unit until Borrower has delivered to Wachovia a Qualifying Agreement for such Unit, other than with respect to up to 10 speculative Units at any given time.
All representations and warranties of Buyer relating to Environmental Laws and Environmental Permits are exclusively set forth in the representations and disclosures made pursuant to this Section 0.