First Trigger definition

First Trigger means the members of the Emerson Group ceasing to beneficially own more than fifty percent (50%) of the outstanding Company Common Stock.
First Trigger means the members of the Xxxxxxx Group ceasing to beneficially own more than fifty percent (50%) of the outstanding Company Common Stock.
First Trigger means, on any Valuation Date, where DBAG has Xxxxx’x rating(s) which are at or below the levels set forth for the “First Trigger” in Appendix 1 to Table 1 attached hereto.

Examples of First Trigger in a sentence

  • Paragraph 4(c) is hereby amended by deleting the word “Value” and inserting in lieu thereof “S&P Value, Moody’s First Trigger Value, Moody’s Second Trigger Value”.

  • Each of Paragraph 8(b)(iv)(B) and Paragraph 11(a) is hereby amended by deleting the word “Value” and inserting in lieu thereof “least of the S&P Value, Moody’s First Trigger Value, and Moody’s Second Trigger Value”.

  • Paragraph 5(i) (flush language) is hereby amended by deleting the word “Value” and inserting in lieu thereof “S&P Value, Moody’s First Trigger Value, and Moody’s Second Trigger Value”.

  • Paragraph 5(ii) is hereby amended by (1) deleting the first instance of the words “the Value” and inserting in lieu thereof “any one or more of the S&P Value, Moody’s First Trigger Value, or Moody’s Second Trigger Value” and (2) deleting the second instance of the words “the Value” and inserting in lieu thereof “such disputed S&P Value, Moody’s First Trigger Value, or Moody’s Second Trigger Value”.

  • Paragraph 5 (flush language) is hereby amended by deleting the word “Value” and inserting in lieu thereof “S&P Value, Moody’s First Trigger Value, or Moody’s Second Trigger Value”.


More Definitions of First Trigger

First Trigger means, on any Valuation Date, where MLCS’s Credit Support Provider has Mxxxx’x rating(s) which are at or below the levels set forth for the “First Trigger” in Appendix 1 to Table 1 attached hereto.
First Trigger has the meaning given in Section 17.1.1.
First Trigger means, on any Valuation Date, where Barclays has Mxxxx’x rating(s) which are at or below the levels set forth for the “First Trigger” in Appendix 1 to Table 1 attached hereto.
First Trigger means the date on which the Company receives*****
First Trigger means, on any Valuation Date, where CSi has Xxxxx’x rating(s) which are at or below the levels set forth for the “First Trigger” in Appendix 1 to Table 1 attached hereto.
First Trigger means, on any Valuation Date, where BNP Paribas has Xxxxx’x rating(s) which are at or below the levels set forth for the “First Trigger” in Appendix 1 to Table 1 attached hereto.
First Trigger means the members of the Ivory Group ceasing collectively to beneficially own more than 50% of the outstanding Company Common Stock.