Condition Precedent Satisfaction Date definition

Condition Precedent Satisfaction Date means the date on which CPUC approval, as fully described in the “Condition Precedent” provision, has been obtained or waived, by Seller, in its sole discretion.
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Condition Precedent Satisfaction Date means the date of the satisfaction or waiver of the last Condition Precedent outstanding.
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Condition Precedent Satisfaction Date means the date in Item 8 of Schedule 1.
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Examples of Condition Precedent Satisfaction Date in a sentence

  • If the Service Provider satisfies each Condition Precedent by the relevant Condition Precedent Satisfaction Date, or AEMO waives non-satisfaction of a Condition Precedent under clause 3.3, AEMO must return the original copy of the Security to the Service Provider within 10 Business Days.

  • Notwithstanding any other provision in this Confirmation, Seller will have no obligation to transfer Green Attributes to Purchaser unless the Condition Precedent Satisfaction Date has occurred.

  • Within 10 business days of the Condition Precedent Satisfaction Date the Principal will pay the advance payment to the Contractor.

  • If the condition precedent set out in clause 2.1 has not been satisfied or waived by Condition Precedent Satisfaction Date (or such later date as the Parties may agree in writing), either Party may, by giving not less than 7 Days' Notice to the other Party, terminate this Agreement and the provisions of clause 32.6 apply.

  • Delivery Period:Subject to the occurrence of the Condition Precedent Satisfaction Date, the delivery period of this Transaction shall commence on the later of (i) , 20 and (ii) the tenth (10th) Business Day after the Condition Precedent Satisfaction Date, and shall continue through , 20 (“Delivery Period”).Delivery Point: Seller shall deliver the Product at the Pricing Node applicable to the Project.

  • The Delivery Period of this Transaction shall commence on [the later of (a) three business days after the Condition Precedent Satisfaction Date or (b) [________________] and shall end at midnight on [__________], unless extended for make-up deliveries as specified in the Contract Quantity Section or terminated in accordance with the terms herein.

  • The condition precedent set out in clause 2.1 is for the benefit of Service Provider, and Service Provider must act reasonably and prudently to satisfy that condition precedent by the Condition Precedent Satisfaction Date.

  • AEMO (in its sole discretion and acting reasonably) may extend a Condition Precedent Satisfaction Date to a date on or before the Final Condition Precedent Satisfaction Date, or waive the non-satisfaction of a Condition Precedent, by notifying the Service Provider to that effect in writing.

  • Condition Precedent by the Condition Precedent Satisfaction Date (November 13, 2019).

  • Schedule 1 – Conditions Precedent No Condition Precedent Condition Precedent Satisfaction Date 1.


More Definitions of Condition Precedent Satisfaction Date

Condition Precedent Satisfaction Date means the date on which CPUC Approval has been obtained. “Confirmation” has the meaning set forth in the preamble of this Confirmation.
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Condition Precedent Satisfaction Date means the date on which CPUC Approval has been obtained or the Condition Precedent has been waived by SCE in its sole discretion.
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Condition Precedent Satisfaction Date means the date on which CPUC Approval has been obtained.
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Related to Condition Precedent Satisfaction Date

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

  • Condition Precedent means a policy term or condition upon which the Insurer's liability under the policy is conditional upon.

  • Satisfaction Date has the meaning set forth in Section 2.6.

  • Review Satisfaction Date means, with respect to any Asset Review, the first date on which (a) the Delinquency Percentage for any Payment Date exceeds the Delinquency Trigger and (b) a Noteholder Direction with respect to such Asset Review has occurred.

  • Conditions Precedent means the conditions precedent set out in clause 3 below;

  • Satisfaction shall be a determination, in good faith, made by the Contractor and in accordance with commonly accepted industry standards. If the Contractor, Client, or other responsible party delays in making any payment to the Contractor, from which payment to Subcontractor is to be made, Contractor and its sureties shall have a reasonable time to make payment to Subcontractor. “Reasonable time” shall be determined in relation to relevant circumstances, but shall in no event be less time than required for Contractor, Contractor’s sureties, and Subcontractor to pursue a conclusion to their legal remedies against the Client or other responsible party to obtain payment, including, but not limited to, mechanics’ lien remedies.

  • 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.

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

  • Escrow Release Conditions has the meaning set forth in the Escrow Agreement.

  • 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.

  • 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).

  • Closing Level : means the official daily Closing Level of the Index as published by the Index Sponsor in relation to each Scheduled Trading Day during the Investment Term.

  • Release Condition means the following:

  • 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.

  • 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.

  • 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.

  • Release Effective Date means the date the Release becomes effective and irrevocable.

  • Life-threatening condition means any disease or condition from which the likelihood of death is probable unless the course of the disease or condition is interrupted.

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

  • Payment Conditions means, at the time of determination with respect to any specified transaction or payment, that:

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Satisfaction Certificate means the certificate materially in the form of the document contained in Call Off Schedule 5 (Testing) granted by the Customer when the Supplier has Achieved a Milestone or a Test;

  • Loan Closing Date means the date upon which the Loan is made to the Company.

  • Extension Conditions Defined in Section 3.06(a).

  • Tender Closing Date means the date and time set out in column (C) of Part 1 of the Schedule to the Tender Notice;