Examples of Company Triggering Event in a sentence
In the event that a Company Triggering Event shall have occurred the Borrower shall be entitled, notwithstanding anything to the contrary in this section, to drawdown the entire amount of the Facility and to request the release of all remaining funds in the Escrow.
During the Company Earnout Period, if and when the Company Triggering Event occurs, the Surviving Corporation shall promptly issue the Company Earnout Shares to the holders of Company Stock, as additional consideration for the Second Merger, in the manner set forth in Section 2.6(b)(i).
The Company Option may be exercised by Parent, in whole or in part, at any time or from time to time after the occurrence of a Company Triggering Event or an event which causes the Termination Fee (as defined in the Merger Agreement) to be payable (a "Trigger Event") and prior to the termination of Parent's right to exercise the Company Option by the terms of this Agreement.
By contrast, the role of the PABSS advocate will more often be reactive.
If this Agreement is terminated: (i) by Parent pursuant to Section 8.1(f); or (ii) by Parent or the Company pursuant Section 8.1(d) at any time after the occurrence of a Company Triggering Event, then the Company shall pay (or cause to be paid) to Parent the Termination Fee in cash.