Acceleration Events definition

Acceleration Events. An Acceleration Event shall occur if:
Acceleration Events. The following events shall each constitute an “Acceleration Event”:
Acceleration Events shall have the meaning assigned to it in Section 4.2.

Examples of Acceleration Events in a sentence

  • Unless otherwise specified on the face hereof, the events that constitute Acceleration Events with respect to this Note shall be as set forth in the Indenture.

  • For purposes of this Agreement, an “Acceleration Event” shall mean the first to occur of any of the following: (i) a Change in Control (as defined below); or (ii) the Participant incurs a termination of his or her position as a director of the Company that is a Without Cause Termination (as such term is defined below); provided, that, in the case of the Acceleration Events described in clause (i) above, the Participant has not occurred the termination described in clause (ii) above.

  • The Securities are not subject to redemption at the option of the Company or at the option of the Holder prior to maturity; however, if certain Acceleration Events shall have occurred and be continuing, the maturity of the Securities will be accelerated to the Accelerated Maturity Date pursuant to the terms of the Indenture.

  • Events of Default and Acceleration Events of default are defined in the senior indenture.

  • Each of the events listed in clause 4.3 (Acceleration Events) of the Credit Agreement, a copy of which clause is attached hereto, shall constitute an Acceleration Event for the purposes of this Deed.

  • In contrast with the hypotheses, however, are the considerable stability of the network, the long duration of ties, narrow scope, and governance by formal control (H2, 4, 5, 7) .

  • In this Agreement (including the recitals), the following terms shall have the meanings indicated below: “Acceleration Event” has the meaning assigned to such term in Clause 14 (Acceleration Events).

  • Upon verifying the occurrence of any of the Acceleration Events and/or as from the Vesting Date, in both cases subject to the provisions of Article Six, the Manager’s Warrants shall be exercisable, either fully or in part, during the whole Effective Term (the “Vested Warrants”).

  • Events of Default and Acceleration Events of default are defined in the senior debt securities indenture.

  • In this Agreement (including the recitals), the following terms shall have the meanings indicated below: "Acceleration Event" has the meaning assigned to such term in Clause 14 (Acceleration Events).


More Definitions of Acceleration Events

Acceleration Events means, collectively: (a) the occurrence of a Bankruptcy Event with respect to any Obligor; (b) the date of any Liquidity Event that is not approved by the Agent; (c) following the occurrence of any Event of Default that expressly includes a cure period, the date that such cure period expires without such Event of Default being cured; and (d) upon the occurrence and during the continuation of any Event of Default; except, in each case, as otherwise permitted by the terms of this Agreement or unless otherwise waived by the Agent, and “Acceleration Event” means any one of them.
Acceleration Events. As defined in SECTION 2.4 hereof.
Acceleration Events means any combination of the events described in Article 6.3(i)-(iii).
Acceleration Events. Upon the occurrence of an Acceleration Event, upon written notice by the Investor to the Issuer, the Issuer shall be required to redeem all of the outstanding Exchangeable Securities at the Redemption Price (and satisfied in the manner set forth in “Satisfaction of Redemption Price”). The occurrence of any of the following will constitute an “Acceleration Event”:
Acceleration Events has the meaning set forth in Section 8.
Acceleration Events provisions of Paragraph 7(f) below; provided that the Final Date will be a Settlement Date if on such date the Number of Shares for which a Settlement Date has not already been designated is greater than zero, and provided further that if any Settlement Date specified above is not an Exchange Business Day, the Settlement Date shall instead be the next Exchange Business Day.

Related to Acceleration Events

  • Acceleration Event means the occurrence of an Event of Default (a) in respect of which Agent has declared all or any portion of the Obligations to be immediately due and payable pursuant to Section 10.2, (b) pursuant to Section 10.1(a), and in respect of which Agent has suspended or terminated the Revolving Loan Commitment pursuant to Section 10.2, and/or (c) pursuant to either Section 10.1(e) and/or Section 10.1(f).

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.

  • Termination Events means each of the events specified in Clause 10.3 of this Contract.

  • Acceleration Date means the earlier of the date of stockholder approval or approval by the Company's Board of Directors of (i) any consolidation or merger of the Company in which the Company is not the continuing or surviving corporation or pursuant to which shares of Company Common Stock would be converted into cash, securities or other property, other than a merger of the Company in which stockholders of the Company immediately prior to the merger have the same proportionate ownership of stock in the surviving corporation immediately after the merger; (ii) any sale, exchange or other transfer (in one transaction or a series of related transactions) of all or substantially all of the assets of the Company; or (iii) any plan of liquidation or dissolution of the Company.

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

  • Specified Event of Default means any Event of Default under Section 8.01(a), Section 8.01(f) or Section 8.01(g).

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • PTC Event of Default Means any failure to pay within 10 Business Days of the due date thereof: (i) the outstanding Pool Balance on the Final Legal Distribution Date or (ii) interest due on the Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or Drawings (as defined in the Intercreditor Agreement), or a withdrawal or withdrawals pursuant to Section 3.6(f) of the Intercreditor Agreement, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee).

  • Amortization Event has the meaning specified in Article IX.

  • Loan Event of Default means any of the events specified in Section 5.1 of the Loan Agreement, provided that any requirement for the giving of notice, the lapse of time, or both, or any other condition, event or act has been satisfied.

  • Issuer Event of Default means the occurrence of any of the following events:

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Triggering Events means each of the following events:

  • Servicer Termination Events (or any analogous term under the Lead Securitization Servicing Agreement) include customary market termination events with respect to failure to make advances, failure to timely remit payments to the Non-Lead Note Holders as required hereunder or under the Lead Securitization Servicing Agreement (subject to no more than one business day grace period), failure to timely deposit amounts into any REO Account or to remit to a Servicer for deposit into a related collection or custodial account, failure to deliver (or cause to be delivered) materials or information required in order for each Non-Lead Note Holder or each Non-Lead Depositor to timely comply with its obligations under the Exchange Act, the Securities Act and Form SF-3, and for rating agency downgrades or other triggers with respect to any certificates issued in connection with a Non-Lead Securitization, subject to customary grace periods (provided that, in the case of failures related to the securities laws, such grace periods will not cause a Non-Lead Depositor to fail to comply with the applicable provisions of such securities laws). Upon the occurrence of such a Servicer Termination Event with respect to the Master Servicer affecting a Non-Lead Securitization Note Holder and the Master Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Master Servicer shall be required, upon the direction of such Non-Lead Securitization Note Holder, to appoint a subservicer with respect to such Non-Lead Securitization Note. Upon the occurrence of a Servicer Termination Event with respect to the Special Servicer affecting a Non-Lead Securitization Note Holder and the Special Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Trustee shall, upon direction of such Non-Lead Securitization Note Holder, terminate the Special Servicer with respect to, but only with respect to, the Mortgage Loan;

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

  • Acceleration Notice shall have the meaning specified in Section 6.2.

  • Senior Event of Default means an Event of Default under a Senior Financing Agreement.

  • Servicer Event of Default One or more of the events described in Section 7.01.

  • Events means an action or occurrence, at any given location within the Authorized System that causes a Collection System Overflow. An Event ends when there is no recurrence of a CSO or SSO in the collection system at the same location in the 12-hour period following the last Collection System Overflow.

  • Forbearance Termination Event has the meaning set forth in Section 3(a) hereto.

  • Additional Termination Event has the meaning specified in Section 5(b).

  • Potential Issuer Event of Default means any condition, event or act which, with the lapse of time and/or the issue, making or giving of any notice, certification, declaration, demand, determination and/or request and/or the taking of any similar action and/or the fulfilment of any similar condition, would constitute an Issuer Event of Default;

  • Realization Event means (i) the consummation of a Sale of the Company; or (ii) any transaction or series of related transactions in which the Investor sells at least 50% of the Shares directly or indirectly acquired by it (from the Company or otherwise) and at least 50% of the aggregate of all Investor Investments.

  • Termination Event means an Illegality, a Tax Event or a Tax Event Upon Merger or, if specified to be applicable, a Credit Event Upon Merger or an Additional Termination Event.