Closure Event definition

Closure Event means the Issuer has been notified (i) that the Central Depository or other clearing system in respect of the Notes has been closed for business for a continuous period of

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Closure Event means the Issuer has been notified (i) that the Central Depository or other clearing system in respect of the Notes has been closed for business for a continuous period of 14 days (other than by reason of holiday, statutory, technical maintenance or otherwise) or has announced an intention permanently to cease business or has in fact done so and no successor clearing system is available, (ii) that any form of insolvency proceedings was commenced in respect of (a) Clearstream (if it is a Custodian), (b) Euroclear (if it is a Custodian), and/or (c) any other Custodian holding any Notes on behalf of Clearstream and/or Euroclear (as applicable);

Closure Event means any period of time during which [University name] closes campus, suspends in- person/onsite learning, converts all courses to online/distance learning, orders the vacation of University housing; governmental or university officials declare a state of emergency and/or restrict individuals’ ability to travel or congregate; when in-person/onsite learning is deemed impractical or unfeasible; the Chapter’s charter is suspended or revoked by Delta Phi Epsilon Sorority (the “Sorority”); the Sorority suspends Chapter operations or housing; the Chapter’s recognition as a sorority is revoked by the University; or the University bans Greek life activities on campus.

Examples of Closure Event in a sentence

• Notwithstanding the foregoing, Developer shall not be in violation of this Section 5 (a) if the Hotel is temporarily closed due to an event of force majeure, casualty, condemnation, or temporary remodeling (each, a "Temporary Closure Event"), so long as Developer uses commercially reasonable efforts to resume operations at the Hotel within a reasonable time period following such Temporary Closure Event.

• Upon the occurrence of a Closure Event, and during the time period following such Closure Event that public access points remains closed in accordance with the provisions of this Section 7.2(b), North Element Owner shall no longer have any consent or approval rights with respect to the amendment, modification, supplementation or any other aspect of the Skyway Agreements.

• An Invalid Buy Order can trigger a Closure Event, in which case NYDIG may close the NYDIG Account and initiate a Final Sell Order on your behalf, in accordance with the terms herein (“Final Sell Order Resulting From Violation of Terms”).

• The Parties acknowledge and agree that the I-25 North Liquidated Damages have been set based on an evaluation by the Concessionaire of damages it will incur if there is a failure to confine the lane closures to an I-25 North Permitted Closure Event.

• It is further agreed that this Termination Closure Event will also be a "Termination Event" as referred to in Section 23.4 - "Opportunity to Cure".

• Buyer shall provide written notice to Seller of any Closure Event within five (5) Business Days of such occurrence.

• Notwithstanding the forgoing to the contrary, following ▇▇▇▇▇▇’s initial opening to the public, Tenant may elect to vacate, abandon or close its business operation of the Premises (“Closure Event”), provided that Tenant shall provide Landlord with written notice no less than thirty (30) days prior to the date the Closure Event commences and Tenant shall remain liable under the terms of this Lease for the remainder of the Term except for any obligations that could only be met while operating the Premises.

• You may be eligible for a “Closure and Cancellation Refund” (or “C&C Refund”) if a Reservation Cancellation Event or an Extended Resort Closure Event occurs.

More Definitions of Closure Event

Closure Event means Operator elects or is forced by law or action of a Governmental Entity to close, abandon, transfer or place in trust the Operator Property.

Closure Event means that for a minimum period of 180 consecutive days, the Mine shall not produce or sell Au for commercial purposes;