Stage 1 Conditions definition

Stage 1 Conditions means the conditions set forth in Section 2.1 and 2.3.
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Stage 1 Conditions means satisfaction in a manner acceptable to Access Capital of the following conditions: (i) no Default shall have occurred and then be continuing and (ii) receipt by Access Capital of evidence reasonably satisfactory in all respects to Access Capital of a contribution to the capital of Company and/or (if TRC has joined the ARPA as a “Company”), TRC in an aggregate amount of not less than Three Hundred Thousand Dollars ($300,000) made subsequent to the date hereof (the “First Capital Contribution”), a portion of the proceeds of which shall have been received by Access Capital to pay down in full all overadvances then outstanding under the ARPA.
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Examples of Stage 1 Conditions in a sentence

  • It expects to execute the definitive documentation shortly and therefore has extended the exclusivity period and the Stage 1 Conditions Satisfaction Date until 8 December 2020.

  • In response to Concept and Stage 1 Conditions of Approval D83, records of monitoring be made available electronically to the Planning Secretary and the EPA upon request for a period of no less than one (1) year following the completion of construction.

  • The Edwards Aquifer Authority (EAA) goes into Stage 1 Conditions.

  • For site-hosted training events that qualify for continuous learning credit, the event organizer(s) shall coordinate with the SACM (HCA) and/or staff who review the proposed curriculum and NSS recommended CLP’s, to make the final determination on the appropriate number of CLP’s for the event.

  • The Stage 1 Conditions of Consent issued by the Central Sydney Planning Committee, dated 23 December 1993, shall continue to apply to this Development Application, where not superseded by the following.

  • The primary source of information for city demographics is the American Community Survey 2014-2018 5-year produced by the United States Census Bureau.

  • Ms. Ward presented the draft Resolution 20230516: Stage 1 Conditions for discussion and approval at the next Regular Board meeting.

  • However, in light of the agreement of the parties to change the Stage 1 Conditions Date from 31 October 2020 to 31 January 2021, the parties have agreed that Laneway would be reimbursed for up to $200,000 worth of such expenditure.

  • If the Parties mutually consider that the Stage 2 Conditions can be satisfied on or around the same date as the Stage 1 Conditions are satisfied, notwithstanding other provisions in the Side Letter, the Parties may, in writing, agree to elect for Stage 1 Completion and Stage 2 Completion to occur simultaneously, such that the Parties will then continue to undertake the Proposed Transaction on the terms of the Agreement.

  • Quality in the project will be monitored according to a Quality Assurance Plan to be drafted at the project’s inception.

Related to Stage 1 Conditions

  • Step Down Conditions As of any Distribution Date on which any decrease in any Senior Prepayment Percentage may apply, (i) the outstanding Principal Balance of all Mortgage Loans 60 days or more Delinquent (including Mortgage Loans in REO and foreclosure), averaged over the preceding six month period, as a percentage of the aggregate of the Class Certificate Principal Balances of the Classes of Subordinate Certificates on such Distribution Date, does not equal or exceed 50% and (ii) cumulative Realized Losses with respect to all of the Mortgage Loans do not exceed: · for any Distribution Date on or after the seventh anniversary until the eighth anniversary of the first Distribution Date, 30% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the eighth anniversary until the ninth anniversary of the first Distribution Date, 35% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the ninth anniversary until the tenth anniversary of the first Distribution Date, 40% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the tenth anniversary until the eleventh anniversary of the first Distribution Date, 45% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, and · for any Distribution Date on or after the eleventh anniversary of the first Distribution Date, 50% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date.

  • Specific Conditions means the conditions in addition or in variation to the general conditions which the Commission may lay down specifically for a distribution licensee;

  • Termination Conditions means, collectively, (a) the payment in full in cash of the Obligations (other than (i) contingent indemnification obligations not then due and (ii) Obligations under Secured Hedge Agreements and Secured Cash Management Agreements) and (b) the termination of the Commitments and the termination or expiration of all Letters of Credit under this Agreement (unless the Outstanding Amount of the L/C Obligations related thereto has been Cash Collateralized on terms reasonably acceptable to the applicable Issuing Bank, backstopped by a letter of credit reasonably satisfactory to the applicable Issuing Bank or deemed reissued under another agreement reasonably acceptable to the applicable Issuing Bank).

  • Product Conditions means these product terms and conditions. These Product Conditions apply to each series of cash settled Warrants over single equities;

  • 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.

  • Minimum Condition has the meaning set forth in Annex I.

  • Normal Operating Conditions means those Service conditions which are within the control of Grantee. Those conditions which are not within the control of Grantee include, but are not limited to, natural disasters, civil disturbances, power outages, telephone network outages, and severe or unusual weather conditions. Those conditions which are ordinarily within the control of Grantee include, but are not limited to, special promotions, pay-per-view events, rate increases, regular peak or seasonal demand periods, and maintenance or upgrade of the Cable System.

  • Unsafe condition as used in this clause means the actual or potential exposure of contractor or Government employees to a hazardous material as defined in Federal Standard No. 313, and any revisions thereto during the term of this contract, or any other material or working condition designated by the Contracting Officer's Technical Representative (COTR) as potentially hazardous and requiring safety controls.

  • Distribution Conditions means, with respect to any Restricted Payment or Restricted Junior Debt Prepayment, the following:

  • Poor foundation conditions means those areas where features exist which indicate that a natural or man-induced event may result in inadequate foundation support for the structural components of an SWLF unit.

  • Extension Conditions Defined in Section 3.06(a).

  • LC Conditions has the meaning given to such term in Section 2.9.

  • Offer Conditions has the meaning set forth in Section 1.01(b).

  • Payment Conditions means, at the time of determination with respect to a proposed payment to fund a Specified Transaction, that:

  • Abnormal Market Conditions means conditions contrary to Normal Markets Conditions e.g. when there is low liquidity in the market or rapid price movements in the market or Price Gaps.

  • Business Condition means the current business, financial condition, results of operations and assets of a corporate entity.

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

  • Litigation Conditions has the meaning set forth in Section 11.3.

  • Eligibility Conditions means the eligibility conditions specified in the Act and the Rules including all the eligibility conditions listed in Clause [5] of the Tender Document.

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

  • Equity Conditions Measuring Period means each day during the period beginning twenty (20) Trading Days prior to the applicable date of determination and ending on and including the applicable date of determination.

  • Closing Conditions shall include, but are not limited to, SI Securities determining in its sole discretion that at the time of a closing, the Minimum Offering has been met, the investment remains suitable for investors, investors have successfully passed ID, KYC, AML, OFAC, and suitability screening, and that Issuer has completed all actions required by it as communicated by SI Securities at the time of a closing.

  • Acute condition means that the individual is medically unstable. Such an individual requires frequent monitoring by medical professionals, such as physicians and registered nurses, in order to maintain his or her health status.

  • Funding Conditions With respect to any proposed Funding Date, the following conditions:

  • 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.

  • Release Conditions mean the following conditions: (i) Company has received the Executive’s executed Release and (ii) any rescission period applicable to the Executive’s executed Release has expired.