Actionable Events Clause Samples

Actionable Events. The occurrence of each of the following events shall constitute an actionable event (each, an "Actionable Events") under this Agreement: (a) A Liquidation Event shall have occurred and be continuing; (b) Failure by GRC to observe or perform any covenant or agreement contained in Section 7.03; (c) Failure by GRC to observe or perform any other covenant or agreement contained herein or in any other Transaction Document and not constituting an Actionable Event under any other clause of this Article IX and such failure shall continue for 30 Business Days after GRC shall have been given written notice of such failure by the Facility Agent; or (d) The Collateral Agent shall for any reason cease to have, or shall not have received, a valid and perfected first-priority security interest in the Collateral or proceedings shall have commenced and be continuing to foreclose upon any Lien on any of the Collateral.
View Source
Actionable Events. 28 SECTION 9.02 Remedies under the Loan Agreement.........................................................29 SECTION 9.03 Remedies Under Security Agreement.........................................................29 ARTICLE X THE AGENTS
View Source

Related to Actionable Events

  • Reportable Events No such Employee Benefit Plan which is an Employee Pension Benefit Plan has been completely or partially terminated or been the subject of a Reportable Event as to which notices would be required to be filed with the PBGC. No proceeding by the PBGC to terminate any such Employee Pension Benefit Plan has been instituted or threatened; and

  • Uncontrollable Events BISYS assumes no responsibility hereunder, and shall not be liable for any damage, loss of data, delay or any other loss whatsoever caused by events beyond its reasonable control.

  • Reporting of Reportable Events If ▇▇▇▇▇ determines (after a reasonable opportunity to conduct an appropriate review or investigation of the allegations) through any means that there is a Reportable Event, ▇▇▇▇▇ shall notify OIG, in writing, within 30 days after making the determination that the Reportable Event exists.

  • Reportable Events Involving the ▇▇▇▇▇ Law Notwithstanding the reporting requirements outlined above, any Reportable Event that involves solely a probable violation of section 1877 of the Social Security Act, 42 U.S.C. §1395nn (the ▇▇▇▇▇ Law) should be submitted by Practitioner to CMS through the self-referral disclosure protocol (SRDP), with a copy to the OIG. If Practitioner identifies a probable violation of the ▇▇▇▇▇ Law and repays the applicable Overpayment directly to the CMS contractor, then Practitioner is not required by this Section III.G to submit the Reportable Event to CMS through the SRDP.

  • ERISA Reportable Event A reportable event with respect to a Guaranteed Pension Plan within the meaning of §4043 of ERISA and the regulations promulgated thereunder as to which the requirement of notice has not been waived.