Minimum Conditions definition

Minimum Conditions means (i) funding of a total of $25 million into the Litigation Funding Account in the aggregate, (ii) a funding of $10 million in the aggregate in the Cash Reserve Account, and (iii) until the Segregated Account has an additional $10 million in cash.
Minimum Conditions means the basic requirements that all Participating Municipalities should comply with to become eligible to receive the PBSD Subgrants under Part 1 of the Project, as further detailed in the POM.
Minimum Conditions means all of the following:

Examples of Minimum Conditions in a sentence

  • An employee may access their accrued personal leave entitlements for partner leave purposes, subject to the requirements of the Minimum Conditions of Employment Act 1993 being met.

  • An Employee may access their accrued personal leave entitlements for partner leave purposes, subject to the requirements of the Minimum Conditions of Employment Act 1993 being met.

  • Under the Minimum Conditions of Employment Act, no employee, whether covered by an award or agreement, can be required or requested to work more than 38 hours in a week plus reasonable additional hours.

  • Contract Agreement The contract of employment between employer and employee resides within the Western Australian workplace relations regulatory framework and is bound by the Minimum Conditions of Employment Act 1993 (WA), the Superannuation Guarantee (Administration) Act 1992 and National Employment Standards (NES) of the Fair Work Act (2009).

  • Adult trainees will be paid the rate prescribed under the Minimum Conditions of Employment Act 1993 for the minimum weekly rate of pay for employees 21 or more years of age.

  • The Minimum Conditions of Employment Act provides that if requested to do so by the employer, employees taking bereavement leave must provide reasonable evidence that the death is the reason for the leave and the relationship of the person to the employee.

  • The WA Minimum Conditions of Employment Act provides minimum pay rates.

  • The Minimum Conditions of Employment Act provides for all employees, including casual employees, to take up to two days paid bereavement leave on the death of a family member or a member of the employee’s household.

  • The dairy industry is therefore said to be award-free and dairy farmers should look to the WA Minimum Conditions of Employment laws for conditions of employment and entitlements.

  • All collected funds so deposited in the Escrow Account prior to satisfaction of the Minimum Conditions are herein referred to as the "Escrow Amount", except for interest earned thereon.


More Definitions of Minimum Conditions

Minimum Conditions means (i) funding of a total of $25 million
Minimum Conditions means the minimum conditions of employment in relation to working hours, working conditions, holidays, salary or hourly rate, notice provisions and end of service benefit as prescribed by DHCC for Employees and in the absence of any rules and requirements by DHCC, these will constitute the minimum conditions of employment as set out in the Labour Law.
Minimum Conditions means, with respect to the Intercreditor Agreement, provisions contained in Section 5.01 thereof to ensure Lenders get the benefit of equal treatment in respect of material changes described in the Intercreditor Agreement arising under the Senior Secured Note Documents after the issuance of the Senior Secured Notes.
Minimum Conditions means a loan, the net proceeds of which are available to be distributed by the Partnership to the Partners pursuant to the provisions of Section 10.01(b) of the Partnership Agreement (as amended hereby) on or prior to August 5, 2003 and which, when so distributed, will result in a distribution to Regency of not less than Thirty Nine Million Dollars ($39,000,000) (inclusive of amounts which would be required to be paid by the Partnership on Regency's behalf in respect of the KBC Loan). For the avoidance of doubt, the net proceeds of the New Loan shall be distributed in accordance with the provisions of Section 10.01(b) of the Partnership Agreement (as amended hereby) promptly following consummation of the New Loan. In the event that the Partnership does not obtain the New Loan on or prior to August 5, 2003, this Amendment shall be deemed null, void and of no further force or effect and the terms of the Partnership Agreement (without giving effect to this Amendment) shall continue in full force and effect. Woodlawn shall timely provide Regency such information as Regency may reasonably request with respect to the timing, structure, negotiations and terms of any new loan to the Partnership, including any new loan intended to qualify as the New Loan.
Minimum Conditions means (a) the receipt by the Assured Guaranty Group of the requisite regulatory approval or non-disapproval from the New York State Department of Financial Services and the Maryland Insurance Administration to make, directly or indirectly, aggregate commitments and/or investments of at least five hundred million dollars ($500,000,000) to one or more BlueMountain Funds and (b) the availability of sufficient (in the sole opinion of the Investment Committee) commitment and/or investment opportunities to one or more BlueMountain Funds that (i) are not prohibited by applicable law, regulation or Assured Guaranty Group company policy and (ii) meet diversification and other requirements and limits on investments imposed by applicable law and regulation.

Related to Minimum Conditions

  • Minimum Condition has the meaning set forth in Annex I.

  • 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.

  • Payment Conditions means, at the time of determination with respect to any specified transaction or payment, that:

  • 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).

  • Minimum Tender Condition shall have the meaning provided in Section 2.15(b).