Continuing Conditions definition

Continuing Conditions mean Releases of Hazardous Substances at or from the Purchased Assets that exist prior to the Closing Date, including migration or movement there from, and continue for all or part of the five (5) year period after the Closing Date, including continuing Releases after the Closing Date from the same source as Releases prior to the Closing Date, and migration or movements there from, that occur after the Closing Date from such Releases.
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Examples of Continuing Conditions in a sentence

  • CONDITIONS 46 5.1 Conditions of Initial Advances 46 5.2 Continuing Conditions 48 6.

  • Subject to the exclusion set forth at Section 2.4.4.5, there shall be a rebuttable presumption that Hazardous Substances, if any, found on, in or at the soil, surface water or ground water at or from the Purchased Assets that are discovered and noticed by Buyer to Seller during the first five (5) years following the Closing Date are from Continuing Conditions and are Retained Environmental Liabilities of the Seller.

  • Continuing Conditions to the Lender's ------------------------------------------------------ Obligations to Make Loan Advances.

  • Subject to the exclusion set forth at 2.4.4.6, Environmental Liabilities claimed, imposed or accruing, resulting or arising from, or attributable to, any claim by a Governmental Authority following the Closing Date to the extent resulting or arising from, or attributable to, the existence on or prior to the Closing Date of Hazardous Substances arising from the ownership, operation, conduct or use of the Assets or the Business and the Continuing Conditions (“Governmental Authority Environmental Claims”).

  • CONDITIONS PRECEDENT; DELIVERY OF DOCUMENTS AND OTHER MATTERS................68 8.1. Conditions Precedent to Initial Loans and Letters of Credit.......68 8.2. Continuing Conditions Precedent to all Loans; Certification.......70 9.

  • CONDITIONS 42 5.1. Initial Conditions 42 5.2. Continuing Conditions 43 SECTION 6.

  • Continuing Conditions: Conditions precedent to any borrowing under --------------------- the Facilities shall include satisfaction of the continuing conditions ("Continuing Conditions") set forth below: 1.

  • Except as otherwise provided in this Agreement, the issuance of the shares of Common Stock in accordance with the provisions of paragraph 1 and this paragraph 2 will be delivered by March 15 of the calendar year following (i) the Vesting Date or (ii) to the extent applicable under the provisions of paragraph 1.Q. hereof, the date of an Involuntary Termination following a Change in Control.3. Continuing Conditions.

  • Conditions precedent ...........................................................................................................................58 Part 1 Initial Condition Present.....................................................................................................58 Part 2 Continuing Conditions Precedent.......................................................................................59 5.

  • CONDITIONS PRECEDENT; DELIVERY OF DOCUMENTS AND OTHER MATTERS........55 8.1 Conditions Precedent to Effectiveness of Agreement..........55 8.2 Continuing Conditions Precedent to all Loans and Letters of Credit; Certification....................................57 8.3 Waiver......................................................58 8.4 Bond Documents..............................................58 9.

Related to Continuing Conditions

  • 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.

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

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

  • Pre-Existing Conditions means, in respect of the Insured Person, any Sickness, Disease, Injury, physical, mental or medical condition or physiological degradation, including Congenital Condition, that has existed prior to the Policy Issuance Date or the Policy Effective Date, whichever is the earlier. An ordinary prudent person shall be reasonably aware of a Pre- existing Condition, where -

  • 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).

  • Standard Listing Conditions has the meaning ascribed thereto in subsection 4(a)(iv);

  • 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.

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

  • Vesting Conditions means those conditions established in accordance with Section 8.4 or Section 10.2 of the Plan prior to the satisfaction of which shares subject to a Restricted Stock Award or Restricted Stock Unit Award, respectively, remain subject to forfeiture or a repurchase option in favor of the Company upon the Participant’s termination of Service.

  • Refinancing Conditions the following conditions for Refinancing Debt: (a) it is in an aggregate principal amount that does not exceed the principal amount of the Debt being extended, renewed or refinanced; (b) it has a final maturity no sooner than, a weighted average life no less than, and an interest rate no greater than, the Debt being extended, renewed or refinanced; (c) it is subordinated to the Obligations at least to the same extent as the Debt being extended, renewed or refinanced; (d) the representations, covenants and defaults applicable to it are no less favorable to Borrowers than those applicable to the Debt being extended, renewed or refinanced; (e) no additional Lien is granted to secure it; (f) no additional Person is obligated on such Debt; and (g) upon giving effect to it, no Default or Event of Default exists.

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

  • 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.

  • 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.

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

  • Pre-Existing Condition means an illness, disease, or other condition during the 180 day period immediately prior to the Effective Date of Your coverage for which You or Your Traveling Companion, Business Partner or Family Member: 1) received or received a recommendation for a test, examination, or medical treatment; or 2) took or received a prescription for drugs or medicine. Item (2) of this definition does not apply to a condition which is treated or controlled solely through the taking of prescription drugs or medicine and remains treated or controlled without any adjustment or change in the required prescription throughout the 180 day period before Your coverage is effective under this policy.

  • Extension Conditions Defined in Section 3.06(a).

  • 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.

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

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

  • Conditions Precedent shall have the meaning set forth in Clause 4.2.

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

  • 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;

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