Trigger Period. (a) From time to time between (i) the date on which Kolltan delivers the first data summary to MedImmune pursuant to Section 5.1.1 and (ii) the earlier of (x) [**] Business Days after the Data Package Delivery Date and (y) December 31, 2017 (the “Trigger Period”), MedImmune shall have the right, exercisable by written notice to Kolltan (a “Trigger Notice”), to trigger a determination of the Product Acquisition Price in accordance with Section 5.2.2. For clarity, MedImmune shall have the right to deliver multiple Trigger Notices during the Trigger Period; provided, however, that subject to Section 5.3.2, after MedImmune has delivered any Trigger Notice, it shall not deliver a subsequent Trigger Notice unless and until MedImmune revokes such earlier Trigger Notice in writing (provided, however, that MedImmune shall not be entitled to revoke any Trigger Notice after the Parties have received notice of the applicable Product FMV pursuant to Section 5.2.2(a)) or the Option Period with respect to such earlier Trigger Notice expires without MedImmune’s having delivered an Exercise Notice.
Trigger Period. 11 EXECUTIVE EMPLOYMENT AGREEMENT (REVISED JULY 8, 2002) CHRISTOPHER J. MURPHY ("Exxxxxxxx"), xxx XXXXXX MATERIALS COMPANY, a Delaware corporation ("Company"), hereby agree as follows:
Trigger Period. 8 FORM OF EXECUTIVE EMPLOYMENT AGREEMENT [NAME OF EXECUTIVE] ("Executive"), and KIEWIT MATERIALS COMPANY, a Delaware corporation ("Company"), hereby agree as follows:
Trigger Period. During the Forbearance Period, the following terms defined in Section 1.1 of the Loan Agreement shall be modified in full as follows:
Trigger Period. For purposes of this Article 7, a “Triggering Period” shall mean any time after the Company has earned net income of at least $10 million in each of its two (2) most recently completed (consecutive) fiscal years, based on a March 31 fiscal year end (as net profits are reported either in the Company’s audited annual financial statements or, if permitted by GAAP, in the Company’s component portion of Cavco’s audited annual consolidated financial statements, which in either such case shall be prepared in accordance with GAAP). The Triggering Period shall commence on the date that the most recent audited annual financial statements described above showing the achievement of such net income are delivered to TAVF and Cavco and shall conclude on the later of (i) the immediately following October 31, or (ii) ninety (90) days after such date of delivery.
Trigger Period. Within five (5) Business Days of Borrower obtaining knowledge of the occurrence of a Trigger Period, Borrower shall provide a written notice to Administrative Agent of such Trigger Period, which notice shall set forth the Borrower’s plan to cure such Trigger Period, if the cause for such Trigger Period is susceptible to cure.
Trigger Period. (A) unsecured Indebtedness of the Borrower or any of the Restricted Subsidiaries; provided that after giving effect to the incurrence of such Indebtedness on a Pro Forma Basis, the Interest Coverage Ratio is greater than or equal to 2.00 to 1.00 and (B) any Permitted Refinancing of Indebtedness incurred pursuant to the foregoing subclause (A); provided, further, that the aggregate principal amount of Indebtedness of which the primary obligor or a guarantor is a Restricted Subsidiary that is not a Loan Party outstanding in reliance on this clause (xix) together with clause (xxvi) below shall not exceed the Non-Loan Party Debt Limit;
Trigger Period. Permitted Unsecured Refinancing Debt and any Permitted Refinancing thereof;
Trigger Period. Unsecured Indebtedness in an aggregate outstanding principal amount not greater than 100% of the net cash proceeds or cash equivalents received by the Borrower from (x) the issuance or sale of Equity Interests or (y) a contribution to its common equity; and
Trigger Period. Indebtedness created under Sections 6.01(a)(i), (iii), (iv), (vi), (ix), (x), (xi), (xii), (xiii) and (xviii) and all premiums (if any), interest (including post-petition interest), fees, expenses, charges and additional or contingent interest on obligations described in the foregoing clauses.
