Key Events Clause Samples

The "Key Events" clause identifies specific occurrences or milestones that are critical to the performance or progression of a contract. It typically outlines what constitutes a key event, such as project deliverables, payment dates, or regulatory approvals, and may specify the consequences or required actions if these events occur or are missed. By clearly defining these pivotal moments, the clause ensures all parties are aware of important deadlines and obligations, thereby reducing ambiguity and helping to manage expectations and responsibilities throughout the contractual relationship.
Key Events. IT HVAR shall promote the Agreement at key events throughout Oregon such as the Association for Computer Professionals in Education (ACPE), Oregon Digital Government Summit, and the Oregon Public Purchasing Association (OPPA), among others.
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Key Events. The following shall constitute "Key Events" for purposes of the Class C Shares: (a) any failure of the Company to perform any material covenant or agreement in this Agreement which continues beyond five business days after written notice of such failure is delivered to the Company; (b) any material breach of any representation or warranty by the Company or ▇▇▇▇▇▇ when made; (c) any Deterioration Event shall occur; and (d) the failure of ▇▇▇▇▇▇ (other than by reason of death or permanent disability) to serve as Chief Executive Officer of the Company (or any successor company in a Permitted Business Combination) for a period of 120 days, unless prior to the expiration of such 120-period a replacement Chief Executive Officer reasonably acceptable to CVCA is elected to serve in such capacity (it being understood that ▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ is acceptable to CVCA).
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Key Events. The partners will jointly develop and support events of three broad types: 4.3.1 An annual calendar of key events, particularly Flagship Team Toronto Events, will be developed by the partners by the end of October each year for the coming calendar year to facilitate planning and resource alignment. At the same time, the partners will also remain nimble and responsive to seize new opportunities that arise throughout the year.
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Key Events. The Company shall provide to the Investors the details and terms of any potential Sale Event, sale or licensing of any material assets, intellectual property or marketing rights of the Company, or any adverse developments, as promptly as possible after such event or events.
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Key Events. Releases
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Key Events 
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Related to Key Events

  • Extraordinary Events No fault if failure due to an Extraordinary Event 15.1 Neither Party will be liable to the other for any failure to perform its obligations under this Contract where the failure is due to an Extraordinary Event. Obligations of the affected Party 15.2 A Party who wishes to claim suspension of its obligations due to an Extraordinary Event must notify the other Party as soon as reasonably possible. The Notice must state: a. the nature of the circumstances giving rise to the Extraordinary Event b. the extent of that Party's inability to perform under this Contract c. the likely duration of that non-performance, and d. what steps are being taken to minimise the impact of the Extraordinary Event on the delivery of Services. Alternative arrangements requiring immediate termination 15.3 If the Buyer, acting reasonably, requires the Services to be supplied during the period affected by an Extraordinary Event, then despite clause 15.4, the Buyer may terminate this Contract immediately by giving Notice.

  • Acceleration Events Each of the following events shall constitute an “Acceleration Event”:

  • Amortization Events If any one of the following events shall occur: (a) failure on the part of the Sellers (i) to make any payment or deposit required by the terms of this Agreement or any Supplement on or before the date occurring five Business Days after the date such payment or deposit is required to be made, or (ii) duly to observe or perform any other covenants or agreements of the Sellers set forth in this Agreement or any Supplement, which failure has a material adverse effect on the Investor Certificateholders of any Series and which continues unremedied for a period of 60 days after the date on which notice of such failure, requiring the same to be remedied, shall have been given to the Sellers by the Trustee, or to the Sellers and the Trustee by an Investor Certificateholder; (b) any representation or warranty made by the Sellers in this Agreement or any Supplement or any information to identify the Accounts required to be delivered by the Sellers pursuant to Section 2.01 or 2.09 (i) shall prove to have been incorrect in any material respect when made or when delivered, which continues to be incorrect in any material respect for a period of 60 days after the date on which notice of such failure, requiring the same to be remedied, shall have been given to the Sellers by the Trustee, or to the Sellers and the Trustee by an Investor Certificateholder, and (ii) as a result of such incorrectness the interests of the Investor Certificateholders of any Series are materially and adversely affected; provided, however, that an Amortization Event shall not be deemed to have occurred under this paragraph if the Sellers have repurchased the related Receivables or all such Receivables, if applicable, during such period in accordance with the provisions of this Agreement; (c) any of the Sellers shall consent to the appointment of a conservator, receiver or liquidator in any insolvency, readjustment of debt, marshalling of assets and liabilities or similar proceedings of or relating to such Seller or of or relating to all or substantially all its property, or a decree or order of a court or agency or supervisory authority having jurisdiction in the premises for the appointment of a conservator, receiver or liquidator in any insolvency, readjustment of debt, marshalling of assets and liabilities or similar proceedings, or for the winding-up or liquidation of its affairs, shall have been entered against such Seller; or any of the Sellers shall admit in writing its inability to pay its debts generally as they become due, file a petition to take advantage of any applicable insolvency or reorganization statute, make an assignment for the benefit of its creditors or voluntarily suspend payment of its obligations (any such act or occurrence being an “Insolvency Event”); (d) the Trust shall become an “investment company” within the meaning of the Investment Company Act; (e) a failure by the Sellers to convey Receivables in Additional Accounts or Participation Interests to the Trust within five Business Days after the day on which they are required to convey such Receivables or Participation Interests pursuant to Section 2.09(a); (f) a Servicer Default shall occur; or (g) a Transfer Restriction Event shall occur; then, in the case of any event described in paragraph (a), (b) or (f), either the Trustee or the Holders of Investor Certificates evidencing more than 50% of the aggregate unpaid principal amount of any Series of Investor Certificates to which such event relates by notice then given to the Sellers and the Servicer (and to the Trustee if given by the Investor Certificateholders) may declare that an amortization event (an “Amortization Event”) has occurred with respect to such Series as of the date of such notice, and, in the case of any event described in paragraph (c), (d), (e) or (g), subject to applicable law, an Amortization Event shall occur with respect to all outstanding Series without any notice or other action on the part of the Trustee or the Certificateholders immediately upon the occurrence of such event.

  • Trigger Events The Employee shall be entitled to collect the severance benefits set forth in Subsection (b) hereof in the event that either (i) the Employee voluntarily terminates employment for any reason within the 30-day period beginning on the date of a Change in Control, (ii) the Employee voluntarily terminates employment within 90 days of an event that both occurs during the Protected Period and constitutes Good Reason, or (iii) the Bank or the Company or their successor(s) in interest terminate the Employee's employment without his written consent and for any reason other than Just Cause during the Protected Period.

  • Triggering Events The events referred to in Sections 3(f) and 5(a) hereof are as follows: