Acceptable Condition definition

Acceptable Condition means a condition no worse than that existing on the Commencement Date, reasonable wear and tear excepted, and at least comparable to the standards of maintenance and level of service at the Honda Center (making allowances for differences in the age of ARTIC and the Honda Center), giving effect to the standard of care described in this Agreement, and taking into account all maintenance, repairs and improvements otherwise contemplated by this Agreement.
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Acceptable Condition means, after the occurrence of any Casualty or Condemnation affecting the Property, that the Property has been restored to substantially its condition as it existed immediately prior to the applicable Casualty or Condemnation.
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Acceptable Condition means the achievement of environmental media or area quality status that meets the quality standards required as necessary for the purpose of the medium or the area use;
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Examples of Acceptable Condition in a sentence

  • The Acceptable Condition of carpeting is thoroughly cleaned without physical damage or noticeably worn areas.

  • The Acceptable Condition of all other flooring shall be thoroughly cleaned.

  • If all Equipment purchased hereunder is not leased pursuant to all Final Schedule(s) by the Final Schedule Deadline for any reason whatsoever, including the failure of the Vendor or any other party to deliver Equipment in Acceptable Condition or Company’s failure to satisfy any condition precedent in the Final Schedule, Company shall, upon demand by Regions, forthwith pay Regions an amount equal to the Payoff Amount specified in Section G above.

  • As used herein, the term "Convert" (and its derivations) means (a) the obtaining by Builder of a certificate of occupancy (or its equivalent in the subject jurisdiction) for the Model, (b) restoring the Model to the "Acceptable Condition" (as defined below), (c) completing any other work required to remove special improvements installed for marketing purposes, and (d) generally transforming the Model and applicable portions of the model complex to an ordinary, habitable home.

  • The Acceptable Condition of any option item or 6 upgrades installed in the Models shall be the acceptable condition for similar features, appliances or surfaces, minimal wear and tear excepted.

  • The Acceptable Condition of all brick work and concrete work shall be clean and without visible physical damage; all physical damage shall be properly repaired.

  • The Acceptable Condition of drapes, curtains, blinds, tinting and mirroring and other window coverings and treatments is thoroughly cleaned and in good mechanical condition.

  • The Acceptable Condition of wall papered surfaces is clean without any obvious physical damage or sagging; areas of physical damage or sagging shall be replaced with matching wallpaper.


More Definitions of Acceptable Condition

Acceptable Condition any condition or restriction imposed in a Planning Permission or in a covenant contained in or proposed to be included in a Planning Agreement which is the same as or has the same effect as conditions 1-13 inclusive contained in the a planning resolution of the Landlord dated 6th February 2004 ref M19652 “Appeal” all or any of the following:
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Acceptable Condition. Yes_____ No______ If no, explain:________________________________________________________ NEFL Signature_____________________________________
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Acceptable Condition means a condition no worse than that existing on the Effective Date, reasonable wear and tear excepted, and at least comparable to the standards of maintenance and level of service existing at the Anaheim Convention Center and Angel Stadium of Anaheim, (making allowances for differences in age and disregarding for purposes of determining Manager’s compliance with this standard the effect of any major renovations or retrofitting of such other facilities) but giving effect to ongoing Maintenance and Repairs in accordance with this Agreement (including capital expenditures in accordance with the Annual Budget).
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Acceptable Condition means a requirement imposed by a Reversioner in connection with, or as a condition of, the Reversioner’s consent and which either:
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Acceptable Condition is defined in Section 1.1 of the Construction Agency Agreement.
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Related to Acceptable Condition

  • 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.

  • Acute condition means a disease, illness or injury that is likely to respond quickly to treatment which aims to return the person to his or her state of health immediately before suffering the disease/ illness/ injury which leads to full recovery.

  • Acceptance Condition means the acceptance condition to any Offer;

  • fair and reasonable conditions means appropriate conditions, including possible financial terms or royalty-free conditions, taking into account the specific circumstances of the request for access, for example the actual or potential value of the results or background to which access is requested and/or the scope, duration or other characteristics of the exploitation envisaged;

  • Rating Condition has the meaning specified in Section 2.06(c)(ii).

  • Acceptable Counterparty means any counterparty to the Interest Rate Cap Agreement that has and shall maintain, until the expiration of the applicable Interest Rate Cap Agreement, a long-term unsecured debt rating of at least “A+” by S&P and “Aa3” from Xxxxx’x, which rating shall not include a “t” or otherwise reflect a termination risk and is otherwise reasonably acceptable to Lender.

  • Acceptable Collateral means any of the following assets of Borrower, if (x) held in or credited to any Collateral Account subject to a first priority Lien under the applicable Security Agreement and (y) the Collateral Requirement has been satisfied with respect thereto:

  • 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).

  • Release Condition means the following:

  • Acceptable Credit Rating means a minimum long term credit rating of either BBB from Standard & Poors or Baa2 from Xxxxx’x; Access Undertaking means:

  • 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%.

  • 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.

  • 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.

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

  • 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.

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

  • Minimum Acceptable Price with respect to any Put Notice Date shall mean seventy-five percent (75%) of the lowest closing bid prices for the ten (10) Trading Day period immediately preceding such Put Notice Date.

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

  • Mortgage Conditions means the mortgage conditions booklet reference MORT 0154 MAY 13 HF;

  • Acceptable Waste means ordinary household, municipal, institutional, commercial and industrial Solid Waste including, but not limited to, the following:

  • 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.

  • Eligibility Requirement means all eligibility requirements and other qualification requirements for a person to act in the applicable Corporate Trust Capacity under any Appointment as set forth in the related Corporate Trust Contract, including any required authorizations or licenses from the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, the Government National Mortgage Association, the Federal Housing Administration, the Federal Home Loan Bank or the Department of Veterans Affairs.

  • Trading Price Condition shall have the meaning specified in Section 14.01(b)(i).

  • Acceptable Tender means any Tender which, in all respects, complies with the conditions of Tender and specifications as set out in the Tender document, including conditions as specified in the Preferential Procurement Policy Framework Act (Act 5 of 2000) and the Supply Chain Management of Council.

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

  • Licence Conditions means the licence terms and conditions contained in this document, as amended from time to time in accordance with this agreement.