Triggers Sample Clauses

Triggers. The Company shall dissolve at any time after February 10, 2003, if at such time the aggregate Liquidation Preference is at least $7.5 million (excluding the Liquidation Preference on any PIK Preferred Stock distributed as a dividend) and holders of at least a majority of PIK Preferred Stock then outstanding vote to dissolve the Company and provide notice of such vote to the Board of Directors; provided, however, that in the event that such a vote and resulting dissolution of the Company would result in an event of default or an incipient default under any then existing indebtedness of the Company or any Subsidiary with an outstanding balance of $10 million or more, then such majority vote shall not cause the dissolution of the Company, but rather shall constitute notice by the holders of the PIK Preferred Stock to the Board of Directors that such holders desire that the Board of Directors promptly arrange the sale of the Company (including its Subsidiaries) or a sale of all or substantially all of its assets.
Triggers. Upon and at any time following the occurrence of any of the following events (each, a "Trigger"), the Put Rights and the Call Rights shall be exercisable:
Triggers. Any obligation of Micron to pay Intermolecular a [***]Fee identified in a Project SOW shall be conditioned upon Intermolecular's satisfaction of certain technical criteria for Deliverables (the “Trigger(s)”) set forth in such Project SOW. A Project SOW for Category B2 or Category C may include multiple Triggers, consisting of several distinct criteria capable of independent satisfaction, such that Intermolecular's satisfaction of each individual Trigger shall give rise to an obligation for Micron to pay a corresponding portion of the overall [***]Fee (calculated by dividing the Success Fee by the number of Triggers, or as otherwise set forth in a Project SOW), subject to satisfaction of the related Production Threshold and provided that the total number of Triggers for any Project SOW shall not exceed four (4). As an example, for illustrative purposes only, a hypothetical Project SOW for Category B2 may have a [***]Fee of [***] per year, [***] for five (5) years, and may be determined to have three (3) Triggers. In this example, assuming that Intermolecular satisfies a first Trigger and related Production Threshold initially and satisfies a second Trigger and related Production Threshold one year later, but never satisfies the third Trigger, then Micron would [***] of [***] per year, payable for five (5) years, upon satisfaction of the first Trigger and related Production Threshold, and one year later Micron would [***] a second, separate [***] of [***] per year, [***] for five (5) years, upon satisfaction of the second Trigger and related Production Threshold, but the full [***] would not be payable by Micron because Intermolecular failed to satisfy the third Trigger and related Production Threshold.
Triggers. A Minority Investor may exercise its Put Right (i) during the 10-day period commencing on each anniversary of the Effective Date by delivering written notice to Holdco 1 during such period of such Minority Investor's exercise of such right under this Section 10.1(b)(i), provided that no Minority Investor shall be entitled to exercise its Put Right under this clause (i) if (x) prior to October 1, 2005, the effect of the transaction is to cause a "change in ownership" of Huntsman Group under Section 382 of the Code and at such time Huntsman Group has any tax attributes that would be limited under Section 382 or 383 of the Code or (y) a Qualifying IPO shall have been consummated at any time prior to the exercise of such Put Right, or (ii) in connection with a Huntsman Liquidity Transaction, as provided below. Holdco 1 hereby agrees to provide each Minority Investor with reasonable notice of any potential Huntsman Liquidity Transaction at least 20 days prior to consummation thereof. Each Minority Investor may exercise its Put Right with respect to a Huntsman Liquidity Transaction by providing Holdco 1 with written notice thereof within 10 days after such Minority Investor has received notice of a potential Huntsman Liquidity Transaction from Holdco 1.
Triggers. For all incremental Minimum Purchase transfers pursuant to this Agreement mutually approved by East Palo Alto and Mountain View (initial or exceed the corresponding Temporary Minimum set forth in Article B, Section 2, of this Agreement for three (3) consecutive fiscal years, one (1) increment of twenty-five East Palo Alto.
Triggers. The Parties accept the following "triggers" for a change in adders from those set forth in Sections 2(e) and 2(f) above (it being understood that megawatt-hours of consumption of all customers being served by RESs affiliated with ComEd shall be excluded from the calculations below which are relevant to the "triggers"). The calculations relevant to the triggers referred to below will be released by ComEd as soon as practical after the first business day of January in 2004, 2005, and 2006, but not later that February 1. In addition, ComEd will submit to the ICC Staff for verification the methodology used to determine each of the 2002 Base Consumption and 2003, 2004, and 2005 Annual Consumption figures.
Triggers. 1. Notwithstanding and in addition to the contribution rates recited elsewhere in this section, if the City’s Actuarially Determined Employer Contribution (ADEC) exceeds $9 million for fiscal year 2017 (based on a funding percentage of at least 78.45%), the employee contribution for FY17 will increase by the percentage required to make up the amount over $9 million, except that the contribution will not increase by more than 1% (that is, to a maximum of 4.8% (or 5.8% for those who elected option (E)(2)(a) below).
Triggers. 4.1 Short Term and / or Repeated Absence
Triggers. Holdco 1 may exercise its Call Right with respect to all, but not less than all, of the Minority Investors in the event of or in connection with a Huntsman Liquidity Transaction occurring after the first anniversary of the Effective Date. Holdco 1 may exercise its Call Right by providing each Minority Investor with written notice of Holdco 1's exercise of such right at any time prior to, or within 10 days after consummation of, such Huntsman Liquidity Transaction.