Deteriorating financial condition definition

Deteriorating financial condition means a circumstance determined as of the fiscal year end that significantly impairs a charter school’s or center’s ability to generate enough revenues to meet its expenditures without causing a condition described in Section 218.503(1), Florida Statutes, to occur.
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Deteriorating financial condition means a circumstance determined as of the fiscal year end that significantly impairs a local governmental entity’s ability to generate enough revenues to meet its expenditures without causing a condition described in Section 218.503(1), Florida Statutes, to occur.
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Deteriorating financial condition means a circumstance determined as of the fiscal year end that significantly impairs a county, municipality, or special district’s ability to generate enough revenues to meet its expenditures without causing a condition described in Section 218.503(1), Florida Statutes, to occur.
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Examples of Deteriorating financial condition in a sentence

  • Deteriorating financial condition of our customers could negatively affect our financial position, results of operations, cash flows and liquidity.

  • Deteriorating financial condition as referred to in letter b may be reflected in matters including but not limited to the absence of Funds Transfer transactions conducted through the Provider over a specified period.

  • All required documentation was then submitted to the Florida Department of Education's Office of Independent Education and Parental Choice.Exhibit 2P (bl Florida Statute 1002.34S(l)(a) - Deteriorating Financial ConditionPer Florida Statute 1002.345(1)(a)(3), "Deteriorating financial condition" means "a circumstance that significantly impairs the ability of a charter school ...

  • Deteriorating financial condition of RPL during FY 2014-15 to FY 2017-18 is quite apparent from the audited accounts and shown in the table below: Particulars The aforesaid loss amount shown in table above is primarily on account of induced default due to non-payment/irregular payment of the outstanding amount by MSEDCL.


More Definitions of Deteriorating financial condition

Deteriorating financial condition means a circumstance determined as of the fiscal year end that significantly impairs a district school board’s ability to generate enough revenues to meet its expenditures without causing a condition described in Section 218.503(1), Florida Statutes, to occur.
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Deteriorating financial condition means a circumstance that significantly impairs the ability of a charter school to generate enough revenue to meet its expenditures without causing the occurrence of one of the conditions described in s. 218.503(1), F.S.
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Deteriorating financial condition has the definition provided in Section 8.4 (a).
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Related to Deteriorating financial condition

  • Special Condition means a condition of a Transporter's Licence or Shipper's Licence other than a Standard Condition;

  • Hazardous financial condition means that, based on its present or reasonably anticipated financial condition, a risk retention group, although not yet financially impaired or insolvent, is unlikely to be able:

  • Special Conditions means Special Conditions of Contract, which override the General Conditions, also referred to as SCC.

  • Abnormal Condition means any condition on the Interconnection Facilities which, determined in accordance with Good Utility Practice, is: (i) outside normal operating parameters such that facilities are operating outside their normal ratings or that reasonable operating limits have been exceeded; and (ii) could reasonably be expected to materially and adversely affect the safe and reliable operation of the Interconnection Facilities; but which, in any case, could reasonably be expected to result in an Emergency Condition. Any condition or situation that results from lack of sufficient generating capacity to meet load requirements or that results solely from economic conditions shall not, standing alone, constitute an Abnormal Condition.

  • Terminal condition means an incurable condition caused by injury, disease, or illness that according to reasonable medical judgment will produce death within six months, even with available life-sustaining treatment provided in accordance with the prevailing standard of medical care.

  • Adverse Environmental Condition means (i) the existence or the continuation of the existence, of an Environmental Contamination (including, without limitation, a sudden or non-sudden accidental or non-accidental Environmental Contamination), of, or exposure to, any substance, chemical, material, pollutant, Hazardous Substance, odor or audible noise or other release or emission in, into or onto the environment (including without limitation, the air, ground, water or any surface) at, in, by, from or related to any Equipment, (ii) the environmental aspect of the transportation, storage, treatment or disposal of materials in connection with the operation of any Equipment, or (iii) the violation, or alleged violation, of any Environmental Law, permits or licenses of, by or from any governmental authority, agency or court relating to environmental matters connected with any of the Equipment.

  • Congenital Condition(s) means (a) any medical, physical or mental abnormalities existed at the time of or before birth, whether or not being manifested, diagnosed or known at birth; or (b) any neo-natal abnormalities developed within six (6) months of birth.

  • General Condition means these General Terms and Conditions of Contract.

  • Environmental Conditions means the presence in the environment, including the soil, groundwater, surface water or ambient air, of any Hazardous Material at a level which exceeds any applicable standard or threshold under any Environmental Law or otherwise requires investigation or remediation (including, without limitation, investigation, study, health or risk assessment, monitoring, removal, treatment or transport) under any applicable Environmental Laws.

  • Deteriorated paint means any interior or exterior paint or other coating that is cracking, flaking, chipping, peeling, or chalking, or any paint or coating located on an interior or exterior surface that is otherwise damaged or separated from the substrate of a building component.

  • Financial Impairment means that a carrier is not insolvent and is:

  • Environmental Condition means any condition or circumstance, including the presence of Hazardous Substances which does or would (i) require assessment, investigation, abatement, correction, removal or remediation under any Environmental Law, (ii) give rise to any civil or criminal Liability under any Environmental Law, (iii) create or constitute a public or private nuisance or (iv) constitute a violation of or non-compliance with any Environmental Law.

  • Financial Consequences means a financial sanction imposed for an anti-doping rule violation or to recover costs associated with an anti-doping rule violation; and

  • Medical condition means either of the following:

  • Condition means a provision attached to a new or existing license that limits or restricts the scope of the license or imposes additional requirements on the licensee.

  • Informed Financial Consent means the medical provider advises you of any out-of-pocket costs before your admission. This is called Informed Financial Consent.

  • Serious Medical Condition means all of the following medical conditions:

  • Additional Conditions means the terms and conditions set out in the Offer Document.

  • General Conditions means the “International Development Association General Conditions for Credits and Grants”, dated July 1, 2005 (as amended through October 15, 2006).

  • Processes with Significant Environmental Aspects means the Equipment which, during regular operation or if not properly operated or maintained, may cause or are likely to cause an adverse effect.

  • Critical Test Concentration or "(CTC)" means the specified effluent dilution at which the Permittee is to conduct a single-concentration Aquatic Toxicity Test.

  • 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.

  • Complex or chronic medical condition means a physical,

  • Financial Covenant has the meaning specified in Section 7.08.

  • Qualified Financial Contract means a qualified financial contract as defined in 12 U.S.C. Section 1821(e)(8)(D).

  • 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.