CHANGES IN CONDITION definition

CHANGES IN CONDITION. Without prejudice to Clause 14, if: 9.4.1 any event described in Clause 9.5 occurs (or comes to the attention of the Agent) after receipt by the Agent of the notice requesting an Advance and 9.4.2 the Agent gives notice to the relevant Borrower by 10 a.m. on the proposed date of an Advance to the effect that, as a result, it will not be possible for that Advance to be made in the Optional Currency requested by the relevant Borrower then (subject to Clause 4.3) that Advance shall instead be made in Euro and in the Euro Amount of that Advance. In that event, the rate of interest applicable to that Advance for its Term shall be determined by reference to rates prevailing at such time on such day as the Agent determines to be appropriate (and all references to 11 a.m. on the Rate Fixing Day shall be construed accordingly).
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Examples of CHANGES IN CONDITION in a sentence

  • Bran▇ ▇▇▇▇▇▇ Vice President SCHEDULE 5.3 CHANGES IN CONDITION SINCE BALANCE SHEET DATE None.

  • SCHEDULE 12.03 -------------- CHANGES IN CONDITION To be in form and substance acceptable to Landlord and provided by Tenant on or before the Commencement Date.

  • SCHEDULE 12.03 -------------- CHANGES IN CONDITION To be provided by Tenant in form and substance acceptable to Landlord prior to the Commencement Date of the Lease.

Related to CHANGES IN CONDITION

  • Change in condition means a change in physical condition of the employee as well as any change

  • 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.

  • 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).

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

  • Eligibility Conditions means the eligibility conditions specified in Clause 4.