Waiver Condition definition

Waiver Condition means provision of satisfactory evidence by the Provider to the Scottish Ministers that the relevant Prohibited Act was committed by: (a) an employee acting independently of the Provider and such employee’s employment is terminated within twenty (20) Business Days of the Scottish Ministers serving notice on the Provider of such Prohibited Act; or (b) a subcontractor (or any employee of a subcontractor not acting independently of the subcontractor) and the relevant subcontract is terminated within twenty (20) Business Days of the Scottish Ministers serving notice on the Provider of such Prohibited Act; or (c) an employee of a subcontractor acting independently of such subcontractor and such employee’s employment is terminated within twenty (20) Business Days of the Scottish Ministers serving notice on the Provider of such Prohibited Act; or (d) any person not specified in parts (a), (b) or (c) and the Provider (or any subcontractor) has severed links with such person (whether his employment, appointment or any other link) within twenty
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Waiver Condition means provision of satisfactory evidence by the Grant Recipient to the Council that the relevant Prohibited Act was committed by: an employee acting independently of the Grant Recipient; or an employee of a subcontractor acting independently of such subcontractor and the Council is satisfied that the Grant Recipient and/or the subcontractor (as applicable) has taken such action as is appropriate taking in to account the nature and the circumstances of the relevant Prohibited Act. "Acting independently" for these purposes means not acting with the authority or knowledge of any one or more of the directors of the Grant Recipient or relevant subcontractor; Works means all of the works (including design, infrastructure works and all other works necessary for obtaining access to the Affordable Dwellings) to be undertaken in order to ensure that the Affordable Dwellings comprised within a Firm Scheme meet the Submitted Standards and are constructed or refurbished (as applicable) in accordance with the Firm Scheme Details.
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Waiver Condition means provision of satisfactory evidence by the Grant Recipient to the Council that the relevant Prohibited Act was committed by: an employee acting independently of the Grant Recipient; or
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Examples of Waiver Condition in a sentence

  • Each WVR Beneficiary acknowledges and agrees that the Company’s shareholders rely on the WVR Beneficiaries Waiver Condition Undertakings in acquiring and holding their shares.

  • The undertakings to be provided by each of the WVR Beneficiaries and WVR Beneficiaries’ Holding Vehicles as set out in paragraphs (b), (c), (d), (f), and (g) above and the Interim Undertaking are referred to as the “WVR Beneficiaries Waiver Condition Undertakings”.

  • Each WVR Beneficiary and each WVR Beneficiary Holding Vehicle acknowledge and agree that the WVR Beneficiaries Waiver Condition Undertakings are intended to confer a benefit on the Company and all its existing and future shareholders and may be enforced by the Company and/or any such shareholder against the WVR Beneficiary and each WVR Beneficiary Holding Vehicle.

  • That Section 504's Waiver Condition Is Not “Coercive” Despite The Fact That It Applies to 100% of an Agency’s Federal Funds In Jim C., the en banc Court ruled that Section 504's waiver condition was valid.

  • If at any time during the Waiver Period the Waiver Condition is not satisfied, the Waiver set forth in this Section 5(b) automatically shall terminate.

  • The foregoing waiver shall automatically and without further action terminate if the Waiver Condition shall cease to be satisfied.

  • Notwithstanding anything to the contrary set forth in the Credit Agreement or any other Loan Document, the Borrower acknowledges and agrees that its failure to comply with the Waiver Condition shall constitute an immediate Event of Default under the Credit Agreement.

  • Type of Service Foreign Shares Custody Charges S$2 per counter per month (subject to max S$150 per quarter) Waiver Condition: 2 trades per month or 6 trades per quarter or minimum S$132 brokerage perquarterCorporate Action Handling Fee2 Cash Dividend 1% on net dividend subject to min S$1 capped at S$50 + Foreign fees and taxes (if applicable)Other than the above S$10 + Foreign fees and taxes (if applicable)2 All fees and charges are subject to GST.

  • Pursuant to the above, the Company wishes to announce that the Waiver Condition has been satisfied.

  • The first three volumes of that series in particular are a goldmine that has proved invaluable to this study.


More Definitions of Waiver Condition

Waiver Condition means the occurrence of either of the following: (i) the five new directors to be appointed to Reorganized Debtor's board of directors have been approved by at least two-thirds of the members of Debtor's Board of Directors as of November 15, 2000 so as to avoid such appointment giving rise to a "change of control", or (ii) in the case of each COC Agreement, the executive counterparty to such COC Agreement consents to the modification of his or her COC Agreement to provide that the appointment of the five new directors under the Plan does not constitute a "change of control" of Debtor.
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Related to Waiver Condition

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

  • OTHER CONDITIONS Any subsequent contracts shall supersede the provisions of this contract. This contract is void if the Party of the Second Part does not hold a valid license in accordance with Section 6-17-401 A.C.A. for the full term of the contract. Given this, the 5TH DAY OF JUNE, 2018 BY: BY: XXXXXX X XXXXXX Board President Xxxxx XxXxxxxx PARTIES: The Fort Xxxxx School District 100, Party of the First Part, and XXXX X XXXXXX Party of the Second Part, agree as follows:

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

  • Minimum Tender Condition shall have the meaning provided in Section 2.15(b).

  • Change in condition means a change in physical condition of the employee as well as any change

  • 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).

  • Maximum Tender Condition has the meaning specified in Section 2.17(b).

  • 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.

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

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

  • Delivery Condition has the meaning set forth in Section 2.1.

  • 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.

  • Release Condition means the following:

  • Conditions means the standard terms and conditions of sale set out in this document and (unless the context otherwise requires) includes any special terms and conditions agreed in writing between the Buyer and the Seller.

  • Specified Condition means, with respect to a party, any event specified as such for that party in Paragraph 13.

  • Extension Conditions Defined in Section 3.06(a).

  • 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.

  • restrictive condition means any condition registered against the title deed of land restricting the use, development or subdivision of the land concerned:

  • Specified Conditions means, at any time of determination thereof, (a) no Incremental Term Loans in the form of an institutional term loan B facility have been issued and are outstanding pursuant to Section 2.20 of the Credit Agreement and (b) (i) the Company’s “corporate credit rating” from S&P (or such other term as S&P may from time to time use to describe the Company’s senior unsecured non-credit enhanced long term indebtedness, such rating, the “S&P Rating”) shall be at least BBB- (with a stable outlook) and the Company’s “corporate family rating” from Xxxxx’x (or such other term as Xxxxx’x may from time to time use to describe the Company’s senior unsecured non-credit enhanced long term indebtedness, such rating, the “Xxxxx’x Rating”) shall be at least Baa3 (with a stable outlook) or (ii) (x) the Company’s S&P Rating shall be at least BBB- (with a stable outlook) or the Company’s Xxxxx’x Rating shall be at least Baa3 (with a stable outlook) and (y) the Leverage Ratio is less than or equal to 2.50 to 1.00.

  • 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.

  • Serious health condition means an illness, injury, impairment, or physical or mental condition that involves:

  • Qualifying condition means a condition described in Section 26-61a-104.

  • Condition Satisfaction Date shall have the meaning set forth in Section 7.2.

  • performance requirement means a requirement that:

  • Payment Condition at any time of determination with respect to any Specified Transaction, that the following conditions are all satisfied: (x) (1) 30-Day Specified Excess Availability (divided by Availability as of such time of determination and expressed as a percentage) and (2) the Specified Availability on the date of such Specified Transaction (divided by Availability as of such time of determination and expressed as a percentage), in each case exceed the applicable Availability Percentage (as defined below), (y) unless the Fixed Charge Condition (as defined below) is satisfied (to the extent applicable), the Parent Borrower shall be in Pro Forma Compliance with a minimum Consolidated Fixed Charge Coverage Ratio of at least 1.00:1.00 and (z) if reasonably requested by the Administrative Agent, the Borrower Representative shall have delivered to the Administrative Agent (i) a copy of calculations required by preceding clause (y) in reasonable detail and (ii) a calculation of Specified Unrestricted Cash. As used herein, the following terms shall have the following meanings: (i) “Availability Percentage” shall mean (a) in respect of any Restricted Payment pursuant to Subsection 8.3(k), 12.5%; (b) in respect of (A) any investment or acquisition permitted pursuant to clause (u) of the definition of “Permitted Investments” or (B) clause (c)(i) of the definition of “Permitted Acquisitions,” 10.0%; (c) in respect of any payment, repurchase or redemption pursuant to Subsection 8.6(a), 12.5%; (d) in respect of any merger, consolidation, amalgamation or asset sale pursuant to Subsection 8.2(a) or 8.2(b), 10.0%; and (e) in respect of any Asset Sale that would otherwise have to comply with Subsection 8.5, 10.0%; and (ii) “Fixed Charge Condition” shall mean 30-Day Specified Excess Availability (divided by Availability as of such time of determination and expressed as a percentage) exceeds: (a) in respect of any Restricted Payment pursuant to Subsection 8.3(k), 17.5%; (b) in respect of any acquisition permitted pursuant to clause (c)(i) of the definition of “Permitted Acquisitions”, 15.0%; (c) in respect of any investment permitted pursuant to clause (u) of the definition of “Permitted Investments”, 15.0%; (d) in respect of any payment, repurchase or redemption pursuant to Subsection 8.6(a), 15.0%; and (e) in respect of (A) any merger, consolidation, amalgamation or asset sale pursuant to Subsection 8.2(a) or 8.2(b) or (B) any Asset Sale that would otherwise have to comply with Subsection 8.5, 15.0%.

  • 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;