Adjustment Trigger Date definition

Adjustment Trigger Date means, each of (i) the date on which a Facility Adjustment Event occurs (as reasonably determined by the Calculation Agent) and (ii) any date on which a material change to, or termination of, a Facility Adjustment Event is announced by Issuer or a third party that is party to, or an Affiliate of a party to, the relevant proposed transaction or event or advisor to such party or Affiliate.
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Adjustment Trigger Date has the meaning specified in Section 7.3(a)(iii).
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Adjustment Trigger Date has the meaning set forth in Section 5.22(a).
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Examples of Adjustment Trigger Date in a sentence

  • Such adjustment shall become effective immediately after the opening of business on the day next following such Adjustment Trigger Date.

  • Additionally, notwithstanding the foregoing ratios for the periods indicated, during the Adjustment Period the Total Leverage Covenant shall be 7:50 to 1:00, provided that, to the extent required by the definition of "Adjustment Trigger Date," the Borrower or the Parent Company or both have issued not less than (i) $100,000,000 in Preferred Stock or other Capital Stock, plus (ii) $200,000,000 in Subordinated Debt.

  • Within five (5) Business Days after any Adjustment Trigger Date, the Calculation Agents shall notify Borrower of the adjustments to the terms or provisions of the Facility that shall be made in respect thereof, and the effective time therefor (or their determination that no such adjustment is necessary).


More Definitions of Adjustment Trigger Date

Adjustment Trigger Date has the meaning specified in Section 8.03(A)(III).
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Adjustment Trigger Date means any date on or before September 30, ----------------------- 1997, on which each of the following shall have occurred: (a) the Viacom Purchase shall have been consummated, (b) the Borrower or the Parent Company shall have issued (after the Agreement Date) at least $100,000,000 in Preferred Stock or other Capital Stock and $200,000,000 in Subordinated Indebtedness (the "Viacom Subordinated Indebtedness") in connection with the Viacom Purchase, and if issued by the Parent Company, the Net Proceeds thereof shall have been contributed to the Borrower, and (c) no Default or Event of Default shall then exist.
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Adjustment Trigger Date means the earlier of (i) July 31, 2004; and (ii) the date of the Seller’s first mortgage-backed securitization following the IPO.”
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Adjustment Trigger Date means each of (i) the date on which an announcement is made (whether by Issuer or any third party) of any event or condition that, if completed, would result in a Potential Adjustment Event (as determined by the Calculation Agent), (ii) any date on which a material change therein or the termination thereof is announced by Issuer or any third party and (iii) the date on which such Potential Adjustment Event is consummated, completed or effected if (a) no announcement was previously made in respect thereof, or (b) the final terms of such Potential Adjustment Event differ from the terms previously announced therefor.
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Related to Adjustment Trigger Date

  • ii) 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:

  • Cumulative Loss Trigger Event With respect to any Distribution Date, a Cumulative Loss Trigger Event exists if the quotient (expressed as a percentage) of (x) the aggregate amount of Realized Losses incurred since the Cut-off Date through the last day of the related Prepayment Period divided by (y) the Cut-off Date Pool Principal Balance exceeds the applicable cumulative loss percentages set forth below with respect to such Distribution Date: Distribution Date Occurring In Cumulative Loss Percentage ------------------------------ -------------------------- May 2008 through April 2009 1.400% for the first month, plus an additional 1/12th of 1.700% for each month thereafter (e.g., 2.250% in November 2008) May 2009 through April 2010 3.100% for the first month, plus an additional 1/12th of 1.700% for each month thereafter (e.g., 3.950% in November 2009) May 2010 through April 2011 4.800% for the first month, plus an additional 1/12th of 1.400% for each month thereafter (e.g., 5.500% in November 2010) May 2011 through April 2012 6.200% for the first month, plus an additional 1/12th of 0.700% for each month thereafter (e.g., 6.550% in November 2011) May 2012 and thereafter 6.900%

  • Shared Loss Payment Trigger means when the sum of the Cumulative Loss Amount under this Single Family Shared-Loss Agreement and the Shared-Loss Amount under the Commercial and Other Assets Shared-Loss Agreement, exceeds the First Loss Tranche. If the First Loss Tranche is zero or a negative number, the Shared Loss Payment Trigger shall be deemed to have been reached upon Bank Closing.

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

  • Adjustment Period means the period from the Effective Date up to and including the Expiry Time;

  • 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.

  • Adjustment Date As to each Adjustable Rate Mortgage Loan, each date on which the related Mortgage Rate is subject to adjustment, as provided in the related Mortgage Note.

  • Event Determination Date means either:

  • Index Determination Date means, in relation to any Index, a date on which such Indexfalls to be determined in accordance with the Conditions;

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

  • Adjustment Day means the first calendar day in each month.

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

  • ii) Event means any event described in Section 11(a)(ii) hereof.

  • SOFR Determination Date has the meaning specified in the definition of “Daily Simple SOFR”.

  • Make-Whole Fundamental Change Period shall have the meaning specified in Section 14.03(a).

  • Adjustment Event means each of the following events:

  • Make-Whole Fundamental Change Effective Date means (A) with respect to a Make-Whole Fundamental Change pursuant to clause (A) of the definition thereof, the date on which such Make-Whole Fundamental Change occurs or becomes effective; and (B) with respect to a Make-Whole Fundamental Change pursuant to clause (B) of the definition thereof, the applicable Redemption Notice Date.

  • 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.

  • Index Adjustment Event means, in respect of the Index, an Administrator/Benchmark Event, an Index Cancellation, an Index Disruption or an Index Modification.

  • Moody’s First Trigger Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, (i) if such entity has a short-term unsecured and unsubordinated debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A2” and a short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-1”, or (ii) if such entity does not have a short-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A1”.

  • Change of Control Value means (i) the per share price offered to stockholders of the Company in any such merger, consolidation, reorganization, sale of assets or dissolution transaction, (ii) the price per share offered to stockholders of the Company in any tender offer or exchange offer whereby a Change of Control takes place, or (iii) if such Change of Control occurs other than pursuant to a tender or exchange offer, the Fair Market Value per share of the shares into which Awards are exercisable, as determined by the Committee, whichever is applicable. In the event that the consideration offered to stockholders of the Company consists of anything other than cash, the Committee shall determine the fair cash equivalent of the portion of the consideration offered which is other than cash.

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

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Flip-Over Event means any event described in clause (x), (y) or (z) of Section 13(a) hereof.