Cessation Event definition
Cessation Event means, in respect of a Member:
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:
Cessation Event has the meaning set forth in Section 9.2.
Examples of Cessation Event in a sentence
The occurrence of a Cessation Event shall not be a Dissolution Event, and the Company shall not be required to be wound up by reason of a Cessation Event.
More Definitions of Cessation Event
Cessation Event shall have the meaning set forth in Section 6.1(a).
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 the 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 either (i) the entire demised premises, (ii) the premises originally demised under this Lease or (iii) the Additional Space, as the case may be, air conditioning service in the same quantities as Landlord would, under Section 27.04(f), 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 and/or the Additional Space, or (d) Tenant has, as of the Inclusion Date, subleased the entire 13th floor and/or the Additional Space 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 either (i) the entire demised premises, (ii) the premises originally demised under this Lease or (iii) the Additional Space, as the case may be, on the basis set forth in Section 27.04(f) on the date set forth in such notice requesting such services for the demised premises or the applicable portion thereof, 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) the demised premises or the applicable portion thereof to the air-conditioning systems and equipment servicing all or any portion of the space demised to the tenant under the CSFB Lease. Landlord and Tenant hereby acknowledge and agree that from and after the Inclusion Date for the demised premises or the applicable portion thereof, Tenant shall, in accordance with the terms of Section 29.0 1(a)(ii) hereof, reimburse Landlord for any reasonable cost incurred by ...
Cessation Event has the meaning set forth in Section 10(c).
Cessation Event has the meaning ascribed thereto in Section 5.03(b).
Cessation Event means, prior to the earliest of (x) a Change of Control pursuant to clauses (1) or (3) of the definition of Change of Control in the Indenture, (y) the satisfaction of the Market Capitalization/Liquidity Threshold or (z) the Company ceasing to be a "controlled company" pursuant to the rules of The New York Stock Exchange, Philip A. Falcone’s ceasing to be the Chairman of the Board or the Chief Investment Officer of the Company (or ceasing to perform the functions commonly associated with either of such positions), for a period in excess of ninety (90) consecutive days for any reason other than temporary disability.
Cessation Event has the meaning set forth in Section III.E of this Agreement.
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;