Transaction Criteria definition

Transaction Criteria. As per Schedule 1 (Transaction Criteria) to this term sheet. All Transactions must satisfy the criteria set out in the Transaction Criteria, and each Borrower will represent that each Transaction for which a Trade LC is requested by it satisfies the Transaction Criteria. If any part of the New Trade Finance Facility is cancelled, or a Participant’s available Commitment reduced, the limits for each type of Transaction in the Transaction Criteria will be reduced proportionately (and increased again if the cancellation or reduction is reversed). The Transaction Criteria may be amended by agreement between Trading Co, the Majority Participants and the Fronting Banks (with the Fronting Banks acting reasonably and with regard to operational and credit issues).
Transaction Criteria means the criteria described in the specifica- tion enabling the board to audit the franchisee's case files to determine whether the basic issues necessary to provide a competent service have been addressed.
Transaction Criteria. As per Schedule 1 to this term sheet. All Transactions must satisfy the criteria set out in the Transaction Criteria, and each Borrower will represent that each Transaction for which a Trade LC is requested by it satisfies the Transaction Criteria. If any part of the Trade Finance Facility is cancelled, or a Participant’s Available Commitment reduced, the limits for each type of Transaction in the Transaction Criteria will be reduced proportionately (and increased again if the cancellation or reduction is reversed). The Transaction Criteria may be amended by agreement between the Company, the Majority Participants and the Fronting Banks (with the Fronting Banks acting reasonably and with regard to operational and credit issues).

Examples of Transaction Criteria in a sentence

  • SCHEDULE 1 TRANSACTION CRITERIA3 Criterion Sub-limit A Sub-limit B Sub-limit C General Compliance with Transaction Criteria generally to be determined by Fronting Banks, with any material deviations to be approved by the Majority Participants.

  • Instruments Documentary or stand-by letter of credit (“LC”) Documentary or stand-by LCs Documentary or stand-by LCs Guarantees, bid bonds and performance bonds Maximum tenor 120 days 120 days For documentary or stand-by LCs: 120 days For guarantees, bid bonds and performance bonds: two years; separate sub-limit of US$50,000,000 for more than one year On-sale Pre-sold Pre-sold N/A 3 The Transaction Criteria remain subject to ongoing commercial discussions.

  • The sub-limits set out in the Transaction Criteria (Sub-limit A, Sub-limit B and Sub-limit C) will apply to the issue of Trade LCs. The Trade Finance Facility may not be drawn in cash.

  • SCHEDULE 1 TRANSACTION CRITERIA Criterion Sublimit A Sublimit B Sublimit C General Compliance with Transaction Criteria generally to be determined by Fronting Banks, with any material deviations to be approved by the Majority Participants.


More Definitions of Transaction Criteria

Transaction Criteria means a M&A Transaction that (i) is accretive to earnings of the Borrowers, based on the performance of the acquired entity or acquired assets, as applicable, as indicated on such entity's financial statements for the prior 12 month period, (ii) involves the same business as the primary business of the Borrowers, (iii) will not impair or adversely impact the capacity of the Borrowers to comply with the covenants and obligations set forth in this Agreement, and (iv) is either an asset acquisition or a transaction that otherwise does not result in the Borrowers or the Parent to assume or accrue additional liabilities, whether current or contingent.

Related to Transaction Criteria

  • Evaluation Criteria means the criteria set out under the clause 27 (Evaluation Process) of this Part C, which includes the Qualifying Criteria, Functional Criteria and Price and Preferential Points Assessment.

  • ASAM criteria means the most current edition of the American Society of Addiction Medicine's published criteria for admission to treatment, continued services, and discharge.

  • Business Criteria means any one or any combination of Income before Taxes, Net Income, Return on Equity, Return on Assets, Pre-tax Margin, Free Cash Flow, Valuation or EPS.

  • Selection Criteria means and includes all of the requirements, considerations,

  • Nomination Criteria means the criteria made up of the Over-Riding Nomination Criteria andthe Specific Nomination Factors, and is also referred to as “this Criteria”.

  • Fitch Criteria means the Collateral Amount shall equal the sum of (i) the product of A multiplied by the xxxx-to-market value of the outstanding Transactions determined by Party A in good faith from time to time, and (ii) the product of B multiplied by the current aggregate notional amount of the outstanding Transactions, where:

  • Investment Criteria The criteria specified in Section 12.2(a).

  • Functional Criteria means the criteria set out in clause 27 of this Part C.

  • Target Population means persons with low incomes who have one or more disabilities, including mental illness, HIV or AIDS, substance abuse, or other chronic health condition, or individuals eligible for services provided pursuant to the Lanterman Developmental Disabilities Services Act (Division 4.5 (commencing with Section 4500) of the Welfare and Institutions Code) and may include, among other populations, adults, emancipated minors, families with children, elderly persons, young adults aging out of the foster care system, individuals exiting from institutional settings, veterans, and homeless people.

  • Review Criteria has the meaning assigned to that term in Section 12.02(b)(i).

  • Board-Established Criteria means criteria that the Board of a Regulated Fund may establish from time to time to describe the characteristics of Potential Co-Investment Transactions regarding which the Adviser to the Regulated Fund should be notified under Condition 1. The Board-Established Criteria will be consistent with the Regulated Fund’s Objectives and Strategies (defined below). If no Board-Established Criteria are in effect, then the Regulated Fund’s Adviser will be notified of all Potential Co-Investment Transactions that fall within the Regulated Fund’s then-current Objectives and Strategies. Board-Established Criteria will be objective and testable, meaning that they will be based on observable information, such as industry/sector of the issuer, minimum EBITDA of the issuer, asset class of the investment opportunity or required commitment size, and not on characteristics that involve a discretionary assessment. The Adviser to the Regulated Fund may from time to time recommend criteria for the Board’s consideration, but Board-Established Criteria will only become effective if approved by a majority of the Independent Directors (defined below). The Independent Directors of a Regulated Fund may at any time rescind, suspend or qualify their approval of any Board-Established Criteria, though Applicants anticipate that, under normal circumstances, the Board would not modify these criteria more often than quarterly.

  • Criteria means one of the eight (8) state defined categories to be scored.

  • Targets means pre-agreed values to be achieved at the end of the period in relation to the result indicators included under a specific objective;

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.

  • Over-Riding Nomination Criteria means the criteria set out in clause 4.2.

  • Performance Criteria means the criteria (and adjustments) that the Committee selects for an Award for purposes of establishing the Performance Goal or Performance Goals for a Performance Period, determined as follows:

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • Examination Criteria means the loan classification criteria employed by, or any applicable regulations of, the Assuming Institution’s Chartering Authority at the time such action is taken, as such criteria may be amended from time to time.

  • Rating Criteria with respect to any Person, means that (i) the short-term unsecured debt obligations of such Person are rated at least “A-1” by S&P, “P-1” by Xxxxx’x and “F-1” by Fitch, if deposits are held by such Person for a period of less than one month, or (ii) the long-term unsecured debt obligations of such Person are rated at least “AA-” by S&P, “Aa3” by Xxxxx’x and “AA-” by Fitch, if deposits are held by such Person for a period of one month or more.

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;

  • Performance Objective means a standard established by the Committee to determine in whole or in part whether a Performance Award shall be earned.

  • Eligibility and selection criteria means criteria for determining:

  • Goals means the annual level of participation by SBEs in City Contracts as established in this chapter, the SBE Regulations, or as necessary to comply with applicable federal and state nondiscrimination laws and regulations. Goals for individual Contracts may be adjusted as provided for in this chapter and shall not be construed as a minimum for any particular Contract or for any particular geographical area.

  • Acceptance Criteria means the Specifications, goals, performance measures, testing results and/or other criteria designated by the Agency and against which the Deliverables may be evaluated for purposes of Acceptance or Non-acceptance thereof.

  • Goal means the intended or projected result of a comprehensive corrections plan or community corrections program to reduce prison commitment rates, to reduce the length of stay in a jail, or to improve the utilization of a jail.

  • Performance Measures means measures as described in Article 12 on which the performance goals are based and which are approved by the Company’s shareholders pursuant to this Plan in order to qualify Awards as Performance-Based Compensation.