Pricing Event definition

Pricing Event. As defined in Section 2.3 of this Agreement.
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Pricing Event. As set forth in Section 2.3 of this Agreement.
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Pricing Event means any of the following:
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Examples of Pricing Event in a sentence

  • In the event that the Corporation does not consummate a Pricing Event by October 31, 2011, thereafter the Series C Conversion Price shall be subject to adjustment as provided below.

  • The initial pricing shall be subject to adjustment as of each Pricing Date (and such adjusted rate shall be effective upon such Pricing Date) during the term of this Agreement based on any change in the Borrower's quarterly Total Debt-to-EBITDA Ratio as determined from the Compliance Certificate submitted by the Borrower for the most recently completed fiscal quarter of the Borrower for which statements are required to have been delivered under this Agreement ("Pricing Event").

  • From and after the occurrence and during the continuance of a Default Pricing Event, the respective L/C fees provided in Section 2.2(c) each shall be increased by two percent (2%) per annum.

  • The initial pricing shall be subject to adjustment hereafter during the term of this Agreement based on any change in the Company's Leverage Ratio for the most recently completed fiscal quarter of the Company ("Pricing Event").

  • Upon occurrence of the NHI Pricing Event, Rohto shall pay to Nuo a non-refundable payment of Three Hundred Thousand United State dollars ($300,000) by wire transfer of immediately available funds to an account specified by Nuo in writing within thirty (30) days after the NHI Pricing Event.

  • Upon such notice of the Pricing Event, the pricing used hereunder shall be revised to reflect the Competitor List.

  • The initial pricing shall be subject to adjustment hereafter during the term of this Agreement based on any change in the Company's Leverage Ratio as determined in accordance with Section 6.7 of this Agreement for the most recently completed fiscal quarter of the Company ("Pricing Event").

  • Unless another Rate Option is validly selected and in effect pursuant to this Agreement or a Pricing Event has occurred, the Advances shall bear interest under the Prime Rate Option at the initial Prime Rate Pricing shown on the Pricing Grid set forth in Section 2.3 of this Agreement.

  • The purchase rights represented by this Warrant are exercisable, in whole or in part, at any time and from time to time, from and after the initial occurrence of a Pricing Event (as defined herein) until the seventh (7th) anniversary of the Grant Date.

  • If a Pricing Event has occurred, then the rate of interest applicable to LIBOR Rate Loans made thereafter shall bear interest under the LIBOR Rate Option plus the Applicable Interest Margin as determined based on the Pricing Grid.


More Definitions of Pricing Event

Pricing Event means the occurrence of any adjustments in the Applicable Margin.
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Pricing Event as defined in Section 2.7 of this Agreement.
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Related to Pricing Event

  • Repricing Event has the meaning specified in Section 2.10(a)(ii).

  • Financing Event means the earlier of (i) a public offering by the Company of its Common Stock with aggregate gross proceeds of at least $5 million; or (ii) the listing of the Company’s Common Stock on a National Securities Exchange, as such term is defined under the Exchange Act.

  • Rating Event means the rating on the Notes is lowered by each of the Rating Agencies and the Notes are rated below an Investment Grade Rating by each of the Rating Agencies on any day within the 60-day period (which 60-day period will be extended so long as the rating of the Notes is under publicly announced consideration for a possible downgrade by any of the Rating Agencies) after the earlier of (a) the occurrence of a Change of Control and (b) public notice of the occurrence of a Change of Control or the Company’s intention to effect a Change of Control; provided that a Rating Event will not be deemed to have occurred in respect of a particular Change of Control (and thus will not be deemed a Rating Event for purposes of the definition of Change of Control Triggering Event) if each Rating Agency making the reduction in rating does not publicly announce or confirm or inform the Trustee in writing at the request of the Company that the reduction was the result, in whole or in part, of any event or circumstance comprised of or arising as a result of, or in respect of, the Change of Control (whether or not the applicable Change of Control has occurred at the time of the Rating Event).

  • Event Date shall have the meaning set forth in Section 2(d).

  • Pricing Date means, for any fiscal quarter of Holdings ending on or after December 31, 2021, the date on which the Administrative Agent is in receipt of Holdings’ most recent financial statements (and, in the case of the year-end financial statements, audit report) and compliance certificate for the fiscal quarter then ended, pursuant to Section 6.1. The Applicable Margin shall be established based on the Consolidated Total Net Leverage Ratio for the most recently completed fiscal quarter and the Applicable Margin established on a Pricing Date shall remain in effect until the next Pricing Date. If Holdings has not delivered its financial statements and compliance certificate by the date such financial statements (and, in the case of the year-end financial statements, audit report) and compliance certificate are required to be delivered under Section 6.1, at the request of the Required Lenders, until such financial statements and audit report, as applicable, and compliance certificate are delivered, the Applicable Margin shall be the highest Applicable Margin (i.e., Level I above). If Holdings subsequently delivers such financial statements and compliance certificate before the next Pricing Date, the Applicable Margin established by such late delivered financial statements and compliance certificate shall take effect from the date of delivery until the next Pricing Date. In all other circumstances, the Applicable Margin established by such financial statements and compliance certificate shall be in effect from the Pricing Date that occurs immediately after the end of the fiscal quarter covered by such financial statements until the next Pricing Date. Each determination of the Applicable Margin made by the Administrative Agent in accordance with the foregoing shall be conclusive and binding on the Borrower and the Lenders absent manifest error. Notwithstanding the foregoing, if, as a result of any restatement of or other adjustment to the financial statements of Holdings and its Subsidiaries or for any reason, the Administrative Agent reasonably determines that (a) the Consolidated Total Net Leverage Ratio as calculated on any Pricing Date was inaccurate and (b) a proper calculation of the Consolidated Total Net Leverage Ratio would have resulted in a higher Applicable Margin for any period than the Applicable Margin applied for such period, then the Borrower shall automatically and retroactively be obligated to pay to the Administrative Agent for the benefit of the Lenders, promptly on demand by the Administrative Agent, an amount equal to the excess of the amount of interest and fees that should have been paid for such period over the amount of interest and fees actually paid for such period.

  • ii) Event means any event described in Section 11(a)(ii) hereof.

  • Tax Event Repayment Date means the date set out in a notice from the Issuer to the Bondholders pursuant to Clause 10.4 (Early redemption option due to a tax event).

  • Sharing Event means (i) the occurrence of any Event of Default with respect to any Borrower pursuant to Section 12.05, (ii) the declaration of the Total Revolving Loan Commitment termination, or the acceleration of the maturity of any Revolving Loans, in each case pursuant to the last paragraph of Section 12 or (iii) the failure of any Borrower to pay any principal of, Face Amount of, or interest on, Revolving Loans or any Letter of Credit Obligations on the Maturity Date.

  • Subsequent Triggering Event means either of the following events or transactions occurring after the date hereof:

  • Restructuring Event means the occurrence of any one or more of the following events:

  • Initial Triggering Event means any of the following events or transactions occurring after the date hereof:

  • Adverse Rating Event With respect to any Class of Rated Certificates and any Rating Agency that has assigned a rating thereto, as of any date of determination, the qualification, downgrade or withdrawal of the rating then assigned to such Class of Rated Certificates by such Rating Agency (or the placement of such Class of Rated Certificates on “negative credit watch” status in contemplation of any such action with respect thereto).

  • Early Amortization Event means the occurrence of any of the following:

  • Trigger Event Date means a date on which a Trigger Event has occurred as determined by the Calculation Agent.

  • Rapid Amortization Event has the meaning given to it in Section 5.16.

  • Expected Final Payment Date means, with respect to each Series or, if applicable, each Class of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Series or Class in accordance with the Expected Amortization Schedule, as specified in the Series Supplement therefor.

  • IPO Closing Date means the closing date of the IPO.

  • TLAC Disqualification Event means OSFI has advised the Bank in writing that the bail-inable notes issued under the applicable pricing supplement will no longer be recognized in full as TLAC under the TLAC Guideline as interpreted by the Superintendent, provided that a TLAC Disqualification Event will not occur where the exclusion of those bail-inable notes from the Bank’s TLAC requirements is due to the remaining maturity of those bail-inable notes being less than any period prescribed by any relevant eligibility criteria applicable as of the issue date of those bail-inable notes.

  • Liquidity Event means a Change of Control or an IPO.

  • Initial Funding Date means the Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.

  • Special Event means a Tax Event or an Investment Company Event.

  • Triggering Event means any Section 11(a)(ii) Event or any Section 13 Event.

  • Sporting event means any of the following athletic activities that is organized, operated, managed, or sponsored by the School:

  • Liquidity Event of Default means the occurrence of either (a) the Acceleration of all of the Equipment Notes or (b) an American Bankruptcy Event.

  • Required Prepayment Date as defined in Section 2.15(c).