Qualifying Conditions definition

Qualifying Conditions means that both at the time of and immediately after the applicable proposed action or omission to take any action, by the Company or any of its Subsidiary, each of the following conditions are satisfied (or waived in writing by the Holder): (x) no Equity Conditions Failure has occurred, (ii) the Total Net Leverage Ratio is less than or equal to 3:1 and (iii) the Form 10-K has been filed with the SEC.

Qualifying Conditions means and will occur if and at such time as both

Qualifying Conditions refers to the conditions set out in clause 3 below.

Examples of Qualifying Conditions in a sentence

• Qualifying Conditions must be satisfied throughout the term of the Independent Member.

• If State determines that a project is not being implemented in accordance with the provisions of this Grant Agreement, or that Grantee has failed in any other respect to comply with the provisions of this Grant Agreement, and if Grantee does not remedy any such failure to State’s satisfaction, State may withhold from Grantee all or any portion of the State funding and take any other action that it deems necessary to protect its interests.

• Shall the Management Board learn that the Independent Member does not satisfy the Qualifying Conditions and has not received the Notification the Management Board shall immediately convene shareholders meeting, the agenda of which shall provide for dismissal of such member and appointment of new one.

• The proposal should be accompanied by a written consent of any such candidate to be presented as a candidate for a Supervisory Board member as well as his written representation that he satisfies Qualifying Conditions.

• In the event of failure to present any candidates who would satisfy the Qualifying Conditions, the candidate for Independent Member will have to be presented by the Management Board at a General Shareholders Meeting.

More Definitions of Qualifying Conditions

Qualifying Conditions shall be (i) that COMMERCIAL SEED orders shall be PRE-PRODUCTION ORDERS; (ii) that all biomass grown from the COMMERCIAL SEED purchased by a QSE will only be used by its BIOREFINERY; (iii) that payment is made as per the “PAYMENT PROCEDURE;” and (iv) that QSE exclusively places orders in the calendar year of the PRE-PRODUCTION ORDER with CERES for all non-grain-type sorghum seed. If a COMPETITOR has voting stock or other voting interest in a QSE or has a CONFLICT PERSON as a representative on the Board of Directors or other governing body of the entity, a further QUALIFYING CONDITION shall be that the QSE must have entered into an exclusive feedstock supply agreement with CERES as contemplated in Article 4.B.8.

Qualifying Conditions. If the Customer does not fully utilize the Audio and Net Conferencing Services provided under this Agreement the Company reserves the right to not apply the above mentioned one-time credit. Waivers:

Qualifying Conditions means in relation to any relevant Member of the OS Group who may at any time exercise a licence in respect of the additional technology the subject of clause 2.7, not: (a) being in actual or threatened or pending substantive litigation with SEC or otherwise being deemed hostile to SEC; or (b) already having a licence from SEC in respect of the relevant SEC Background Technology;

Qualifying Conditions means the following:

Qualifying Conditions. An employee shall receive eight (8) times the hourly rate of pay for each of the above holidays, provided:

Qualifying Conditions it means the conditions whereby, if not satisfied, the Rights do not vest and the

Qualifying Conditions. The employee shall receive Holiday pay in spite of absence on the work day prior to or the work day following such Holiday, where such absence was due to: