Qualifying terms definition

Qualifying terms shall refer to those academic quarters (fall, winter, spring) that count for benefit, benefits-eligible adjunct status, and salary increments for adjunct faculty. The use of “qualifying term” does not exclude adjunct faculty from the bargaining unit or the enjoyment of rights and privileges otherwise provided for in the collective bargaining agreement during non-qualifying terms.
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Qualifying terms means on a consignment basis or on terms requiring payment no earlier than the date [***] after the receipt by the "Center" (as defined in the Merchandiser Agreement) of the applicable product items;
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Qualifying terms means, with respect to any Debt, each of the following terms: (i) such Debt does not mature prior to the Outside Date in effect as of the date such Debt is incurred, (ii) no payments with respect to such Debt (including without limitation scheduled amortization payments and mandatory prepayments) are required to be made prior to the Outside Date in effect as of the date such Debt is incurred (other than regularly scheduled interest payments with respect thereto), (iii) the terms and conditions governing such Debt (including without limitation covenants and events of default) are no more restrictive in any material respect than the terms and conditions applicable to the Loans and (iv) such Debt is subordinated to the Loans (or the Guaranty thereof pursuant to Article 9, as applicable) in an insolvency proceeding to the prior payment in full of the Loans (or the payment in full of the Guaranty of the Loans, as the case may be) and is otherwise subordinated to the Loans (or to the Guaranty thereof pursuant to Article 9, as applicable), pursuant to subordination arrangements reasonably satisfactory to the Administrative Agent.
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Examples of Qualifying terms in a sentence

  • The Banks hereby acknowledge and agree that Debt terms requiring prepayment, repurchase or an offer to repurchase the Debt upon a Change of Control (as defined in the Credit Agreement as amended hereby) or the consummation of a disposition of assets do not constitute a payment requirement violating the requirements of clause (ii) of the definition of "Qualifying Terms", even though such events could occur prior to the Outside Date.

  • You acknowledge and agree that you have read and understand the terms and conditions set forth herein, including the Qualifying Terms (jointly, the "Terms of Employment"), and that no agreements or representations, oral or otherwise, express or implied, have been made to you that are not set forth expressly in this letter.


More Definitions of Qualifying terms

Qualifying terms means, with respect to any Debt, each of the following terms: (i) such Debt does not mature prior to the Outside Date, (ii) no payments with respect to such Debt (including without limitation scheduled amortization payments and mandatory prepayments) are required to be made prior to the Outside Date (other than regularly scheduled interest payments with respect thereto), (iii) the terms and conditions governing such Debt (including without limitation covenants and events of default) are no more restrictive in any material respect than the terms and conditions applicable to the Loans and (iv) such Debt is subordinated to the Loans (or the Guaranty thereof pursuant to Article 9, as applicable) in an insolvency proceeding to the prior payment in full of the Loans (or the payment in full of the Guaranty of the Loans, as the case may be) and is otherwise subordinated to the Loans (or to the Guaranty thereof pursuant to Article 9, as applicable), pursuant to subordination arrangements reasonably satisfactory to the Agent.
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Related to Qualifying terms

  • Qualifying Termination means a termination of Executive’s employment (i) by the Company other than for Cause or (ii) by Executive for Good Reason. Termination of Executive’s employment on account of death, Disability or Retirement shall not be treated as a Qualifying Termination.

  • CIC Qualifying Termination means a Separation (A) within twelve (12) months following a Change in Control or (B) within three (3) months preceding a Change in Control (but as to part (B), only if the Separation occurs after a Potential Change in Control) resulting, in either case (A) or (B), from (i) the Company terminating the Executive’s employment for any reason other than Cause or (ii) the Executive resigning his or her employment for Good Reason. A termination or resignation due to the Executive’s death or disability shall not constitute a CIC Qualifying Termination. A “Potential Change in Control” means the date of execution of a legally binding and definitive agreement for a corporate transaction which, if consummated, would constitute the applicable Change in Control (which for the avoidance of doubt, would include, for example, a merger agreement, but not a term sheet for a merger agreement). In the case of a termination following a Potential Change in Control and before a Change in Control, solely for purposes of benefits under this Agreement, the date of Separation will be deemed the date the Change in Control is consummated.

  • Nonqualifying Termination means a termination of the Executive’s employment (1) by the Company for Cause, (2) by the Executive for any reason other than a Good Reason, (3) as a result of the Executive’s death or (4) by the Company due to the Executive’s absence from his duties with the Company on a full-time basis for at least 180 consecutive days as a result of the Executive’s incapacity due to physical or mental illness.

  • Existing Termination Date as defined in Section 2.18.

  • Offering Termination Date means the last day of each March, June, September and December following an Offering Commencement Date, or such other Offering Termination Date established in connection with a Terminating Event.

  • Existing Term Loan has the meaning specified in Section 2.01(b).

  • Premium Paying Term means the period as stated in the Policy Schedule, in years, over which Premiums are payable;

  • Remaining Term Interest means, with respect to any Note, the aggregate amount of scheduled payment(s) of interest on such Note for the remaining term of such Note determined on the basis of the rate of interest applicable to such Note from and including the date on which such Note is to be redeemed by the Issuer pursuant to this Condition.

  • Existing Term Loans has the meaning specified in Section 2.16(a).

  • Remaining Term means the remaining period in the term of this Agreement had the Agreement not been terminated (rounded to nearest month), up to a maximum of twenty (20) years.

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: Age at Voluntary Termination Number of Years of Advance Notice 58 or younger 59 60 or older 3 years 2 years 1 year By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Change in Control Benefits means the following benefits:

  • Restructuring Term Sheet means the term sheet attached as Exhibit A to the Restructuring Support Agreement.

  • Qualifying week means the 15th week before the expected week of childbirth.

  • Change in Control Termination means that while this Agreement is in effect:

  • Qualifying child means an individual who:

  • Qualified Termination has the meaning set forth in Section 4(b).

  • Long-Term Disability means the Grantee is receiving long-term disability benefits under the Employer’s long-term disability plan.

  • Revolving Termination Date means the earlier to occur of:

  • Change in Control Severance Benefits means the benefits payable pursuant to Section 3 of this Agreement.

  • Termination After Change in Control means either of the following events occurring within twelve (12) months after a Change in Control:

  • Existing Term Loan Agreement means that certain Term Loan Credit Agreement dated as of October 22, 2010 by and among Holdings, the Company, as borrower, the Subsidiary Guarantors, the lenders party thereto from time to time and Xxxxx Fargo Bank, National Association, as administrative agent and collateral agent, as amended, restated, supplemented or otherwise modified from time to time.

  • Covered Termination means the termination of Executive’s employment by the Company without Cause or by Executive for Good Reason, and shall not include a termination due to Executive’s death or disability.

  • Change in Control Period means the period beginning three (3) months prior to a Change in Control and ending twelve (12) months following a Change in Control.

  • Accrued Amounts means: