Bad Actor Event definition

Bad Actor Event means any sanction, suspension, order, disciplinary proceeding or conviction delineated in Rule 506(c)(1)(i) – (vii) of Regulation D of the Securities Act of 1933.
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Bad Actor Event shall have the meaning set forth in Section 6.10(f).
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Examples of Bad Actor Event in a sentence

  • The Company has exercised reasonable care to determine whether any Issuer Covered Person is subject to a Bad Actor Event.

  • Set forth on Exhibit B hereto is a description of each matter that would have been a Company Bad Actor Event had it not occurred before September 23, 2013.

  • None of the Company, any affiliated issuer, any director, executive officer, or any beneficial owner of twenty percent (20%) or more of the Company’s outstanding voting equity securities, calculated on the basis of voting power, (each, an “Issuer Covered Person”) is subject to any of the “Bad Actor” disqualifications described in Rule 506(d)(1)(i) to (viii) under the 1933 Act (a “Bad Actor Event”), except for a Bad Actor Event covered by Rule 506(d)(2) or (d)(3).

  • Each prospective Limited Partner, to become a Limited Partner, must represent to the Partnership that such Limited Partner has not been involved in, or subject to, any Bad Actor Event, and upon becoming a Limited Partner, must immediately notify the General Partner in the event it becomes subject to a Bad Actor Event, at any time that such Limited Partner holds an Interest.

Related to Bad Actor Event

  • Capital Disqualification Event has the meaning specified in Section 1.1 of the Indenture.

  • TLAC Disqualification Event means OSFI has advised the Bank in writing that the bail-inable notes issued under the applicable pricing supplement will no longer be recognized in full as TLAC under the TLAC Guideline as interpreted by the Superintendent, provided that a TLAC Disqualification Event will not occur where the exclusion of those bail-inable notes from the Bank’s TLAC requirements is due to the remaining maturity of those bail-inable notes being less than any period prescribed by any relevant eligibility criteria applicable as of the issue date of those bail-inable notes.

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

  • MREL Disqualification Event means that, at any time, all or part of the Series of Securities is or will be excluded fully or partially from the eligible liabilities available to meet the MREL Requirements provided that: (a) the exclusion of a Series of such Securities from the MREL Requirements due to the remaining maturity of such Securities being less than any period prescribed thereunder, does not constitute a MREL Disqualification Event; (b) the exclusion of all or some of a Series of Securities due to there being insufficient headroom for such Securities within a prescribed exception to the otherwise applicable general requirements for eligible liabilities does not constitute a MREL Disqualification Event; and (c) the exclusion of all or some of a Series of Securities as a result of such Securities being purchased by or on behalf of the Issuer or as a result of a purchase which is funded directly or indirectly by the Issuer, does not constitute a MREL Disqualification Event.

  • Major Event means an event which is likely to pose a serious risk to public health in relation to medicinal products in more than one Member State. Such an event concerns a deadly threat or otherwise serious threat to health of biological, chemical, environmental or other origin or incident that can affect the supply or quality, safety, and efficacy of medicinal products. Such an event may lead to shortages of medicinal products in more than one Member State and necessitates urgent coordination at Union level in order to ensure a high level of human health protection.