Disclosure Event definition
Examples of Disclosure Event in a sentence
If, upon the occurrence of a Cap Disclosure Event (as defined in Paragraph 6(u)(ii) below), BSFP has not, within the greater of (5) five calendar days or (3) three Business Days after such Cap Disclosure Event complied with any of the provisions set forth in Paragraph 6(u)(iii) below, then an Additional Termination Event shall have occurred with respect to BSFP and BSFP shall be the sole Affected Party with respect to such Additional Termination Event.
Any Suspension Notice shall be accompanied by a certificate of the Chief Executive Officer, Chief Financial Officer, President or any Vice President of the Company confirming the existence of the Material Disclosure Event.
If, upon the occurrence of a Swap Disclosure Event (as defined in Part 5(e) below) Party A has not complied with any of the provisions set forth in clause (iii) of Part 5(e) below, then an Additional Termination Event shall have occurred with respect to Party A and Party A shall be the sole Affected Party with respect to such Additional Termination Event.
Party A shall fail to comply with the provisions of Part 5(e) upon the occurrence of a Swap Disclosure Event.
It shall be a swap disclosure event ("Swap Disclosure Event") if, on any Business Day after the date hereof, MLMI requests from BSFP the applicable financial information described in Item 1115 of Regulation AB (such request to be based on a reasonable determination by MLMI, in good faith, that such information is required under Regulation AB) (the "Swap Financial Disclosure").