Contribution Event definition

Contribution Event means, with respect to any Eligible Note held by any Fund, any of the following occurrences: (i) any sale of the Eligible Note by the Fund for cash in an amount, after deducting any commission or similar transaction costs, less than the Amortized Cost Value of the Eligible Note sold as of the date of settlement; (ii) receipt of final payment on the Eligible Note in an amount less than the Amortized Cost Value of that Eligible Note as of the date such payment is received; (iii) issuance of orders by a court having jurisdiction over the matter discharging the Issuer from liability for the Eligible Note and providing for payments on that Eligible Note in an amount less than the Amortized Cost Value of that Eligible Note as of the date such payment is received; and (iv) receipt of new securities that are "Eligible Securities," as defined in paragraph (a)(10) of Rule 2a-7, in exchange for or replacement of Eligible Notes if the Amortized Cost Value of such new securities is less than the Amortized Cost Value of such Eligible Notes on the date of exchange or replacement.

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Contribution Event means, with respect to any Eligible Note held by the Fund, any of the following occurrences: (i) Any sale of the Eligible Note by the Fund for cash in an amount, after deduction of any commissions or similar transaction costs, less than the Amortized Cost Value of the Eligible Note sold as of the date of settlement; (ii) Receipt of final payment on the Eligible Note in an amount less than the Amortized Cost Value of that Eligible Note as of the date such payment is received; or (iii) Issuance of orders by a court having jurisdiction over the matter discharging the Issuer from liability for the Eligible Note and providing for payments on that Eligible Note in an amount less than the Amortized Cost Value of that Eligible Note as of the date such payment is received. The excess of the Amortized Cost Value of the Eligible Notes subject to a Contribution Event over the amount received by the Fund in connection with such Contribution Event shall constitute the “Loss” on such Eligible Notes.

Contribution Event is defined in Section 3.3(e).

Examples of Contribution Event in a sentence

• If an event constitutes both a Termination Event and a Contribution Event, then the Termination Event will not be deemed to have occurred until the Support Providers have made any Capital Contributions required under this Agreement with respect to such Contribution Event.

• In the event that a Contribution Event other than a Member Contribution Event occurs following the Investment Period, the Capital Contribution to be made by each Member shall be the applicable Capital Call Amount multiplied by such Member’s Post Investment Period Contribution Percentage.

• Notwithstanding anything to the contrary in this Agreement, the Class A Members shall not be obligated to make Capital Contributions in connection with any legal or other fees and costs in connection with the negotiation and entry by the Intermediate Company or any other Person into any Fund Documents, which obligation shall be borne solely by the Class B Member as a Member Contribution Event, including the repayment of the Manager for any such expenses advanced by the Manger.

• In lieu of issuing all or a portion of a Call Notice, and notwithstanding anything in this Agreement to the contrary, the Harbinger Directors acting alone may authorize and cause the Company to incur, in connection with a Unilateral Capital Contribution Event, additional indebtedness that is on terms satisfactory to the Harbinger Directors and non-recourse to the Members to fund the difference between estimated expenditures and anticipated gross receipts.

• In lieu of issuing all or a portion of a Call Notice, and notwithstanding anything in this Agreement to the contrary, the Harbinger Directors acting alone may authorize and cause the Partnership to incur, in connection with a Unilateral Capital Contribution Event, additional indebtedness that is on terms satisfactory to the Harbinger Directors and non-recourse to the Limited Partners to fund the difference between estimated expenditures and anticipated gross receipts.

More Definitions of Contribution Event

Contribution Event. As defined in Section 10.1.

Contribution Event means, with respect to any Eligible Note held by the Fund, any of the following occurrences: (i) Any sale of the Eligible Note by the Fund for cash in an amount, after deduction of any commissions or similar transaction costs, less than the Amortized Cost Value (including any interest accrued by the Fund and unpaid) of the Eligible Note sold as of the date of settlement; (ii) Receipt of final payment on the Eligible Note in an amount less than the Amortized Cost Value (including any interest accrued by the Fund and unpaid) of that Eligible Note as of the date such payment is received; (iii) Issuance of orders by a court having jurisdiction over the matter discharging the Issuer from liability for the Eligible Note and providing for payments on that Eligible Note in an amount less than the Amortized Cost Value (including any interest accrued by the Fund and unpaid) of that Eligible Note as of the date such payment is received; (iv) Receipt on or after April 1, 2009 of any Replacement Notes that are Eligible Notes and that have an Amortized Cost Value that is less than the Amortized Cost Value (including any interest accrued by the Fund and unpaid) of the Notes on the date that the Fund receives the Replacement Notes; provided, however, that such a receipt of Replacement Notes shall not be a Contribution Event if:

Contribution Event means, with respect to any Covered Investment, any of the following occurrences:

Contribution Event means any of the following: (i) there are insufficient Available Funds (as defined in the Cash Collateral and Disbursement Agreement) to complete the development, construction, equipping and opening of the Riviera Black Hawk so that it is Operating by the Operating Deadline; (ii) the Company has provided the Trustee and the Independent Construction Consultant with a written notice that it is unlikely that there shall be sufficient Available Funds to complete the development, construction, equipping and opening of the Riviera Black Hawk so that it is Operating by the Operating Deadline; (iii)

Contribution Event means, with respect to any Covered Investment, any of the following occurrences: (i) Any sale of the Covered Investment by the Fund for cash in an amount, after deduction of any commissions or similar transaction costs, less than the Amortized Cost Value of the Covered Investment sold as of the date of settlement; (ii) Receipt of final payment on the Covered Investment in an amount less than the Amortized Cost Value of that Covered Investment as of the date such payment is received; (iii) Issuance of orders by a court having jurisdiction over the matter discharging the issuer of the Covered Investment from liability for the Covered Investment and providing for payments on that Covered Investment in an amount less than the Amortized Cost Value of that Covered Investment as of the date such payment is received; (iv) the receipt of any Replacement Notes on or after April 1, 2009 that have a value that is less than the Amortized Cost Value of the applicable Covered Investment on the date that the Fund receives such Replacement Notes; or (v) the receipt of any Replacement Notes that are or become Qualifying New Securities and have a value that is less than the Amortized Cost Value of the applicable Covered Investment on the date that the Fund receives such Qualifying New Security. The excess of the Amortized Cost Value of the Covered Investment subject to a Contribution Event over the amount received by the Fund in connection with such Contribution Event shall constitute the “Loss” on such Covered Investment.

Contribution Event means, with respect to any Impaired Asset held by the Fund, any of the following occurrences: (i) Any sale of the Impaired Asset by the Fund for cash in an amount, after deduction of any commissions or similar transaction costs, less than the Amortized Cost Value of the Impaired Asset sold as of the date of settlement; (ii) Receipt of final payment on the Impaired Asset in an amount less than the Amortized Cost Value of that Impaired Asset as of the date such payment is received; or (iii) Issuance of orders by a court having jurisdiction over the matter discharging the issuer from liability for the Impaired Asset and providing for payments on that Impaired Asset in an amount less than the Amortized Cost Value of that Impaired Asset as of the date such payment is received. The excess of the Amortized Cost Value of the Impaired Assets subject to a Contribution Event over the amount received by the Fund in connection with such Contribution Event shall constitute the “Loss” on such Impaired Assets.

Contribution Event means, with respect to any Eligible Note held by any Fund, any of the following occurrences: