Acceleration Trigger Date definition

Acceleration Trigger Date means the Expiry Date specified by the Company on the Acceleration Notice, which shall be not less than 30 days after the occurrence of the Acceleration Trigger;
Acceleration Trigger Date has the meaning set forth in Section 4(a) hereof.

Examples of Acceleration Trigger Date in a sentence

  • The Company shall give written notice to the warrant holders specifying the earlier time of expiry of the Warrants within three (3) Business Days of the Acceleration Trigger Date.

  • If the closing price of the Horn Shares on the Exchange is greater than $2.00 for a period of 30 consecutive trading days, then on the date that is the 30th consecutive trading date (the “Acceleration Trigger Date”) the expiry of the Warrant shall be accelerated to that date that is 20 business days after the Acceleration Trigger Date.

  • The Warrants contain an acceleration provision providing that if, after November 25, 2015, the closing price of the Units on the TSX Venture Exchange is higher than $1.50 for 20 consecutive trading days, then on the 20th consecutive trading day (the “AccelerationTrigger Date”) the expiry date of the Warrants will be accelerated to the 10th business day after the Acceleration Trigger Date.

  • Each Option will expire at 5.00pm (Melbourne time) on the earlier of: ▪ 20 December 2024; and ▪ 20 business days after the Acceleration Trigger Date, (Expiry Date).An Option not exercised before 5.00pm (Melbourne time) on the Expiry Date will automatically lapse at that time.

  • These figures put New Zealand eighth among the OECD countries (Statistics New Zealand, 2010).

  • Similar nature of work will be as defined by the Railway Authority.- Financial Capacity: The Proponent must submit its Audited Annual Reports of last three financial years immediately preceding the date of submission of proposal so as to assess its financial capacity by the Railway.

  • On the 20th consecutive trading day above $1.75 (the “Acceleration Trigger Date”), the Warrants’ expiry date may be accelerated to 30 trading days after the Acceleration Trigger Date by the issuance of a news release announcing such acceleration, within two trading days of the Acceleration Trigger Date.

  • To determine the number of credit hours required to successfully complete during the academic year or cumulatively to remain in compliance, multiply the number of hours for which the student is enrolled at the end of the drop/add period of the semester by 0.70 (70%) rounded down to the nearest whole credit hour.

  • The options will expire on the earlier of 20 December 2024 and 20 business days after the Acceleration Trigger Date (or date that the ATL 1102 Phase IIb in DMD facility analysis results are announced by the Company on the ASX).In 07 June 2022, ASX combined the free-attaching options under one option code (ANPAF) as all were issued under the same terms.

  • Each Option will expire at 5.00pm (Melbourne time) on the earlier of:  20 December 2024; and  20 business days after the Acceleration Trigger Date, (Expiry Date).An Option not exercised before 5.00pm (Melbourne time) on the Expiry Date will automatically lapse at that time.

Related to Acceleration Trigger Date

  • Acceleration Date on any Security means the date on and after which the principal or any or all installments of interest, or both, are due and payable on any Security which has become accelerated pursuant to the terms of the Security.

  • 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 Term Loan Commitment pursuant to Section 10.2, and/or (c) pursuant to either Section 10.1(e) and/or Section 10.1(f).

  • ii) Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Flip-In Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Subsequent Triggering Event means either of the following events or transactions occurring after the date hereof:

  • Change of Control Triggering Event means the occurrence of both a Change of Control and a Rating Event.

  • Company Triggering Event shall be deemed to have occurred if: (a) the Company shall have made a Company Board Adverse Recommendation Change; (b) the Company Board or any committee thereof shall have publicly approved, endorsed or recommended any Acquisition Proposal; or (c) the Company shall have entered into any letter of intent or similar document relating to any Acquisition Proposal in violation of the terms of the Agreement.

  • Covenant Trigger Event shall occur at any time that Availability is less than the greater of (a) $12.5 million and (b) 10% of the Line Cap then in effect. Once commenced, a Covenant Trigger Event shall be deemed to be continuing until such time as Availability equals or exceeds the greater of (i) $12.5 million and (ii) 10% of the Line Cap then in effect for 30 consecutive days.

  • Debt Repayment Triggering Event means any event or condition which gives, or with the giving of notice or lapse of time would give, the holder of any note, debenture or other evidence of indebtedness (or any person acting on such holder’s behalf) the right to require the repurchase, redemption or repayment of all or a portion of such indebtedness by the Company or any of its subsidiaries.

  • Swap Provider Trigger Event A Swap Termination Payment that is triggered upon: (i) an Event of Default under the Interest Rate Swap Agreement with respect to which the Swap Provider is a Defaulting Party (as defined in the Interest Rate Swap Agreement), (ii) a Termination Event under the Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party (as defined in the Interest Rate Swap Agreement) or (iii) an Additional Termination Event under the Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party.

  • 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.

  • Sequential Trigger Event With respect to any Distribution Date, a Sequential Trigger Event is in effect if (a) with respect to any Distribution Date occurring before July 2009, the circumstances in which the aggregate amount of Realized Losses incurred since the Cut-off Date through the last day of the related Prepayment Period divided by the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date exceeds 0.20% and (b) with respect to any Distribution Date occurring in or after July 2009, a Trigger Event is in effect.

  • Liquidity Provider Ratings Event Termination Date means the date established by the Tender and Paying Agent, acting upon instructions of the Fund pursuant to the Tender and Paying Agent Agreement, for termination of the VRDP Purchase Agreement upon the occurrence of a Liquidity Provider Ratings Event, which date shall be not less than 16 days nor more than 30 days following such Liquidity Provider Ratings Event.

  • Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Voting Rights Triggering Event means the failure of the Company to pay dividends on the Preferred Stock with respect to six or more quarterly periods (whether or not consecutive).

  • Final Trigger Level means 85.00%, being a percentage against which the performance of the Index will be measured in order to determine the Final Redemption Amount.

  • Triggering Event means any Section 11(a)(ii) Event or any Section 13 Event.

  • Trigger Event Date means a date on which a Trigger Event has occurred as determined by the Calculation Agent.

  • Accretion Termination Date As defined in the Series Supplement.

  • 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)).

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Amortization Event has the meaning specified in Article IX.

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

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