Conditions of Effectiveness definition

Conditions of Effectiveness means the conditions that have to be fulfilled by the Program Entity by the Conditions Fulfillment Date, in form and substance satisfactory to the Trustee, in order for the obligations to sell, transfer and pay for ERs in ARTICLE III and ARTICLE V to become effective, as specified in the ERPA;
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Conditions of Effectiveness. Usual and customary for a credit agreement of thistype and for a borrower of Tower's size, industry and credit quality, including but not limited to: -Receipt of satisfactory closing documentation including executed guarantees and opinions of counsel. -Corporate authorizations. -All representations and warranties are true and complete in all material respects. -Cancellation of Tower's existing bank credit facility. -Acquisition of APC for an amount not to exceed $650 million on terms and conditions acceptable to the Lenders. -Receipt by Tower's parent of at least $250 million in gross proceeds from the sale of its common stock.
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Examples of Conditions of Effectiveness in a sentence

  • Effective Date” has the meaning given in Sub-Clause 2.1 [Conditions of Effectiveness].

  • This Contract shall become effective from the date, or Effective Date, on which all the following Conditions of Effectiveness are fulfilled, except for Sub-Clause 2.1 [Conditions of Effectiveness], Sub-Clause 19.5 [Extension and Subsequent Tendering], and Clauses 1 [Definitions and Interpretations] and 3 [General Provisions], which become effective on the date of signature of the Form of Acceptance.

  • The Additional Conditions of Effectiveness consists of the following, namely, that (a) the Subsidiary Financing Agreement has been updated, satisfactory to the Association, to reflect the implementation arrangements under this Financing; and (b) the Co-financing Agreement between the World Bank and the Recipient has been executed and delivered and all condition precedent to its effectiveness (other than the effectiveness of this Agreement) have been fulfilled.

  • The Conditions of Effectiveness are for the benefit of, and may only be waived or deferred by, the Trustee.

  • The Additional Conditions of Effectiveness consist of the following, namely that, the Subsidiary Agreement has been executed by the Ministry of Finance and the Ministry for Regional Development and Infrastructure on behalf of the Borrower and the Project Implementing Entity.

  • The Additional Conditions of Effectiveness consist namely that the Operational Manual has been adopted by the Borrower in a manner and with contents acceptable to the Bank.

  • The Additional Conditions of Effectiveness consist of the following, namely, that the Recipient has adopted the Project Operational Manual referred to under paragraph 8 of Section I.A of Schedule 2 to this Agreement.

  • Conditions of Effectiveness: For the Loan and the Grant: (a) both agreements are inter- dependent and have cross-effectiveness conditionality so that both become effective at the same time; and (b) accounting software will be installed and operational at the MHU and MNREP for their respective Components.

  • The Additional Conditions of Effectiveness consist of the following, namely that the Subsidiary Agreement has been executed on behalf of the Borrower, through MEF, and the Participating Institutions.

  • The Conditions of Effectiveness include (a) a standard condition requiring the Recipient to furnish to a satisfactory legal opinion to the Association and (b) an additional condition requiring that the Recipient, through MPWT, has awarded at least one contract under the Procurement Plan.

Related to Conditions of Effectiveness

  • Conditions of Use means Conditions 1 to 10 and the Schedules and Appendices of this document.

  • Conditions of Sale means the Conditions of Sale set out in Part 3 of this TenderDocument;

  • Conditions of Contract means those statements contained in or delivered with your Ticket/s or Itinerary/Receipt, identified as such and which incorporate by reference, these Conditions of Carriage and notices.

  • General Conditions of Contract means the ‘Instructions to Tenderers’ and ‘General Conditions of Contract’ pertaining to the work for which above tenders have been called for.

  • Special Conditions of Contract means the pages completed by the Procuring Entity entitled Special Conditions of Contract which constitute Part A of the Special Conditions.

  • GENERAL AND SPECIAL CONDITIONS OF CONTRACT means the instructions to Tenderer and General and special conditions of contract pertaining to the work for which above tenders have been called for.

  • Conditions of Approval means condition(s) imposed by the Municipality in the approval of a land development application, including any conditions contained in the annexure(s) and/or plans and/or attachment(s) that form part of the approval and/or are referred to in the approval of the land development application;

  • Conditions of Issue means the Conditions of Issue of Octopus published by us as amended from time to time, which can be obtained from us or downloaded from our website at www.octopus.com.hk ;

  • Conditions of Service means the document developed by a distributor in accordance with subsection 2.4 of the Code that describes the operating practices and connection rules for the distributor; (DSC)

  • Eighth Amendment means the Eighth Amendment to Second Amended and Restated First Lien Credit Agreement dated as of May 23, 2014 among the Borrower, EPL, the Lenders, the Administrative Agent and the other Persons party thereto.

  • Eleventh Amendment means that certain Eleventh Amendment to Credit Agreement, dated as of April 29, 2022, among Holdings, the Borrower, the other Credit Parties party thereto, the Administrative Agent, the Collateral Agent, the Lenders party thereto, the Revolving Letter of Credit Issuers and the various other parties party thereto.

  • Seventh Amendment means that certain Seventh Amendment to Credit Agreement, dated as of November 9, 2017, among the Borrower, the Guarantors, the Administrative Agent and the Lenders party thereto.

  • Tenth Amendment means that certain Tenth Amendment to Credit Agreement, dated as of November 15, 2019, among Holdings, the Borrower, the other Credit Parties party thereto, the Administrative Agent, the Collateral Agent and the Lenders party thereto.

  • Amendment No. 3 Effective Date has the meaning specified in Amendment No. 3.

  • Contract Amendment means a written document signed by the Procurement Officer that is issued for the purpose of making changes in the Contract.

  • Amendment No. 8 Effective Date has the meaning assigned to such term in Amendment No. 8.

  • Sixth Amendment means the Sixth Amendment to Credit Agreement dated as of March 7, 2011 among the Borrower, the Lenders party thereto and the Administrative Agent.

  • Ninth Amendment means that certain Ninth Amendment to Second Amended and Restated Credit Agreement, dated as of the Ninth Amendment Effective Date, among the Borrower, the Guarantors, the Administrative Agent and the Lenders party thereto.

  • Amendment No. 7 Effective Date has the meaning assigned to such term in Amendment No. 7.

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

  • Third Amendment means that certain Third Amendment to Amended and Restated Credit Agreement dated as of the Third Amendment Effective Date, among the Borrower, the Guarantors party thereto, the Administrative Agent and the Lenders party thereto.

  • Amendment and Restatement Agreement means the Amendment and Restatement Agreement, dated as of January 29, 2016, among the Borrowers, the Lenders party thereto and the Administrative Agent.

  • Conditions of Carriage means these conditions of carriage.

  • Conditions of Tender means the Conditions of Tender for the said land as set out in Annexure A;

  • Amendment No. 4 Effective Date has the meaning assigned to such term in Amendment No. 4.

  • Amendment No. 1 Effective Date has the meaning specified in Amendment No. 1.