Cessation Event means, in respect of a Member:
Cessation Event means:if a Member is an individual:death or bankruptcy of that Member; orthat Member becoming of unsound mind or becoming a person whose property is liable to be dealt with under a law about mental health;in all other cases-the Member:has a receiver or manager of its property appointed;resolves to call a meeting of its creditors for the purposes of placing it under official management and appoints an official manager; is ordered to be wound up under an order of any court; orresolves by special resolution to be wound up.
Cessation Event means, in respect of any Securities and a Relevant Benchmark, the occurrence or existence, as determined by the Calculation Agent, of one or more of the following events:
Examples of Cessation Event in a sentence
If Gilead fails to cure such Cessation Event [**], then Xilio may terminate this Agreement effective immediately upon written notice to Gilead.
If [**] Gilead [**] (a) does not conduct any Development or Commercialization activities for any IL-12 Product throughout the Territory, or (b) has instituted and maintained (per Gilead’s internal policies) a hold on conducting all Development activities and Commercialization activities for all IL-12 Products throughout the Territory [**] a “Cessation Event”), then Xilio will notify Gilead in writing upon becoming aware of such Cessation Event having occurred.
More Definitions of Cessation Event
Cessation Event means: the winding up, cessation or deregistration of that Member under the laws of the jurisdiction of its registration.
Cessation Event shall have the meaning set forth in Section 6.1(a).
Cessation Event has the meaning set forth in Section 13.3.
Cessation Event means that the notice set forth in the following clause (e) shall have been validly given and that one of the events set forth in the following clauses (a), (b), (c) or (d) shall have occurred and be continuing: (a) the then holder of the tenant's interest in the CSFB Lease and the Tenant are not, and will not as of Inclusion Date (as such term is hereinafter defined) be, Affiliates, or (b) the physical capacities of the systems, equipment and machinery of the then tenant under the CSFB Lease are no longer capable of continuing to furnish to the demised premises air-conditioning service in the same quantities as Landlord would, under Section 27.04(1), be required to furnish Tenant, or (c) Landlord has, as of the Inclusion Date, recaptured or subleased all of the entire 13th floor of the Building, or (d) Tenant has, as of the Inclusion Date, subleased the entire 13th floor and (e) Tenant has furnished Landlord with a written notice (the "Cessation Notice") setting forth the occurrence and continuance of one of the events set forth in clauses (a), (b), (c) or (d) of this Section 20.19 and requesting that Landlord commence the furnishing of air-conditioning to the demised premises on the basis set forth Section 27.04(f) on the date set forth in such notice requesting such services, which date (the "Inclusion Date,") may not be earlier than sixty (60) days subsequent to Landlord's receipt of such notice. Tenant's right and election to request that Landlord furnish the services described in clause (e) of this Section 20.19 shall be a one-time only right and once exercised, Tenant may not thereafter reconnect (or require Landlord to reconnect) all or any portion of the demised premises to the air-conditioning systems and equipment servicing all or any portion of the space demised to the tenant under the CSFB Lease.
Cessation Event means, in the case of a Member who is an individual person the death or bankruptcy of the Member or the Member becoming subject to care under a law relating to mental health.
Cessation Event means the death or bankruptcy of a Director, or that Director becoming of unsound mind or becoming a person whose property is liable to be dealt with under a law about mental health;
Cessation Event has the meaning set forth in Section 10(c).