Initial Condition definition

Initial Condition has the meaning set forth in Section 8.1.
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Initial Condition means any condition set out in Clause 3.1 and “Initial Conditions” means all of them.
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Initial Condition means the condition of Designated Roads prior to commencement of construction of the Project or Improvements as documented in the Initial Evaluation, or, in the case
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Examples of Initial Condition in a sentence

  • Initial Condition ...............................................

  • We confirm that as of the date of this Utilisation Request every Initial Condition Precedent for Tranche [•] specified in Clause [4.1] of the Agreement has been satisfied and] all the representations listed in Clause 16 (Representations) of the Agreement remain true.

  • Reimbursement for the Initial Condition Assessment Report shall not exceed $35,000 inclusive of project management fees.

  • The Landlord may compare the Final Physical Condition Report to the Initial Condition Report to identify changes regarding the physical condition of the Leased Premises and the Access Area(s) during the Term of this Lease.

  • The Government may compare the Final Physical Condition Report to the Initial Condition Report to identify changes regarding the physical condition of the Leased Premises and the Access Area(s) during the Term of this Lease.

  • Before signing this Lease, Tenant have inspected the Apartment and Tenant accept it in its present condition "as is", except for any condition which Tenant could not reasonably have seen during Tenant’s inspection and as stated on the Initial Condition of Premises.

  • If the Boat and inventory listed on the attached Inventory list are not returned in the Initial Condition, ▇▇▇▇▇▇ agrees to pay to Owner the cost of any and all necessary repairs to bring the Boat and inventory back to the Initial Condition.

  • The Parties shall rely upon any available Initial Evaluation or any subsequent evaluation, as applicable, as a benchmark by which to determine (i) the Initial Condition of Designated Roads and (ii) whether a Repair was required and performed in accordance with this Agreement.

  • If approved, the survey findings will be summarized in either the Task 5 Initial Condition Assessment Report or the Task 11 Additional Investigations Summary Report, as appropriate.

  • Tenant will move out on or before the ending date of this Lease and leave the Apartment in good order and in the same condition as it was when Tenant first occupied it, except for ordinary wear and tear, and in accordance with the Initial Condition of Premises, attached hereto.


More Definitions of Initial Condition

Initial Condition has the meaning set forth in Section 9.1. “Intercreditor Agreement” means an intercreditor agreement to be entered into by and among the Agent, one or more Floorplan Administrative Agents (to be defined therein) and/or Floorplan Lenders (to be defined therein) required to be party thereto pursuant to this Agreement and each Dual Subsidiary Lender required to be party thereto pursuant to this Agreement and acknowledged by the Company on behalf of itself and its Subsidiaries and the Required Intercreditor Counterparties, which shall be in form and substance satisfactory to the Agent. “Interest Period” means, with respect to a EurocurrencyTerm SOFR Loan, a period of one monththree or six months (in each case, subject to the availability thereof) commencing on a Business Day selected by the applicable Borrower pursuant to this Agreement and ending on the day that corresponds numerically to such date one monththree or six months thereafter; provided that (a) any Interest Period that would otherwise end on a day that is not a Business Day shall be extended to the next succeeding Business Day unless such succeeding Business Day falls in a new calendar month, in which case such Interest Period shall end on the immediately preceding Business Day; (b) any Interest Period that commences on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of such Interest Period; and (c) no Interest Period shall extend beyond the Termination Date; and 24 110393723.6 0063724-00082 115525625.4 0063724-00082
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Initial Condition has the meaning set forth in Section 9.1. “Intercreditor Agreement” means an intercreditor agreement to be entered into by and among the Agent and the Required Intercreditor Counterparties, which shall be in form and substance satisfactory to the Agent. “Interest Period” means, with respect to a Term SOFR Loan, a period of three or six months (in each case, subject to the availability thereof) commencing on a Business Day selected by the applicable Borrower pursuant to this Agreement and ending on the day that corresponds numerically to such date three or six months thereafter; provided that (a) any Interest Period that would otherwise end on a day that is not a Business Day shall be extended to the next succeeding Business Day unless such succeeding Business Day falls in a new calendar month, in which case such Interest Period shall end on the immediately preceding Business Day; (b) any Interest Period that commences on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of such Interest Period; (c) no Interest Period shall extend beyond the Termination Date; and (d) no tenor that has been removed from this definition pursuant to Section 7.3(b)(iv) may be available for selection by the Company. “Investments” has the meaning set forth in Section 13.6. “ISDA Definitions” means the 2006 ISDA Definitions published by the International Swaps and Derivatives Association, Inc. or any successor thereto, as amended or supplemented from time to time, or any successor definitional booklet for interest rate derivatives published from time to time by the International Swaps and Derivatives Association, Inc. or such successor thereto. “Landlord’s Consent” has the meaning set forth in Section 12.13. “LC Agreement” has the meaning set forth in Section 5.3. “LC Application” has the meaning set forth in Section 5.3. “LC Collateral Account” has the meaning set forth in Section 5.11. “LCDC” means Lithia Community Development Company, Inc., an Oregon corporation. “LC Fee” has the meaning set forth in Section 5.10.1. “LC Fee Percentage” has the meaning set forth in the Pricing Schedule. 23 115525625.4 0063724-00082
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Initial Condition has the meaning set forth in Section 9.1. “Intercreditor Agreement” means an intercreditor agreement to be entered into by and among the Agent and the Required Intercreditor Counterparties, which shall be in form and substance satisfactory to the Agent. “Interest Period” means, with respect to a Term SOFR Loan, a period of three or six months (in each case, subject to the availability thereof) commencing on a Business Day selected by the applicable Borrower pursuant to this Agreement and ending on the day that corresponds numerically to such date three or six months thereafter; provided that (a) (a) any Interest Period that would otherwise end on a day that is not a Business Day shall be extended to the next succeeding Business Day unless such succeeding Business Day falls in a new calendar month, in which case such Interest Period shall end on the immediately preceding Business Day; (b)
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Related to Initial Condition

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

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

  • 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.