Evaluation Event definition
Examples of Evaluation Event in a sentence
Notwithstanding the above, in no case shall any Discount Factor be a percentage greater than 100%; provided that following the occurrence of an Evaluation Event set forth in clause (a) of the definition thereof with respect to any Collateral Obligation, the Agent may, in its sole discretion, re-determine the Discount Factor with respect thereto.
The Evaluation Event will also document preliminary functional evaluations to measure the current carrying capabilities of the connectors.
Schedule conference rooms, laboratory space, and other facility requirements to host the Evaluation Event.
The goal of this task is for NREL to prepare for and conduct a second event, building on the results of the Evaluation Event, based on input from the Energy Commission, participant manufacturers, and members of the CharIN HPCCV taskforce on the Evaluation Event schedule and activities.
At the Evaluation Event, NREL will conduct evaluations and experiments on participant manufacturers’ hardware, and will prepare summaries of the results.
The goal of this task is for NREL to prepare for, conduct, and prepare summaries of findings from the Evaluation Event, based on input from the Energy Commission, participant manufacturers, and members of the CharIN HPCCV taskforce on the Evaluation Event schedule and activities.
If such Evaluation Event or change of control occurs within the time period described above, then the Option shall automatically expire and this Agreement shall immediately terminate.
For purposes of this Section 7: "Evaluation Event" shall be defined as the consummation of (i) an ---------------- underwritten public offering of the Company's common shares or (ii) a private sale (or series of related private sales) of 50% or more of the common shares of the Company (or merger or other business combination having the same effect).