For Cause Event definition

For Cause Event means any of the following:

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For Cause Event has the meaning set forth in Section 7.2(e).

For Cause Event means any event, circumstance or occurrence that would constitute the basis for a termination of the Executive for Cause under Section 6.2(a) hereunder, regardless of whether the Employer elects to invoke the right to terminate Executive or provide notice to the Executive under Section 6.2(a) hereunder, on the basis of such event, circumstance or occurrence.

Examples of For Cause Event in a sentence

The Up-Listing Bonus shall be paid within forty-five (45) calendar days of the achievement of the Up-Listing Event, and payment of the Up-Listing Bonus is conditioned upon, at the time of payment, (i) the Executive remaining a full-time employee of the Employer (subject to Section 6.3(b), Section 6.3(c) and Section 6.3(d)), and (ii) there not having occurred a For Cause Event.
From and after the time JMIR Manager shall have been terminated as the Manager under this Agreement or under the Sister Company LLC Agreement due to a For Cause Event (or a “For Cause Event” under the Sister Company LLC Agreement) or an Event of Default (or an “Event of Default” under the Sister Company LLC Agreement) by JMIR Manager (unless such For Cause Event arises in connection with the death, disability or incompetency of ▇▇▇▇▇▇▇ ▇.
If ▇▇▇▇ or a replacement on-site building manager selected by Landlord or FS Management persistently fails to perform its duties in conformity with the Management Standard (a "For Cause Event"), Tenant shall notify Landlord of such For Cause Event, setting forth in reasonable detail the manner in which the performance of the on-site building manager has failed to comply with the Management Standard.
Either BH or the AW Member Group (the “Offeror”) may, upon the occurrence of a Deadlock Event, or if earlier, at any time following an Event of Default or a For Cause Event with respect to BH or the AW Member Group, in which event the non-breaching party (BH or the AW Member Group) may be the Offeror, make an offer as described below (the “Buy-Sell Offer”) to the other (the “Offeree”), as set forth below.
If the GC Board reasonably determines that the Termination For Cause Event is not curable, then the Board shall have the right to deliver immediate notice of termination.
A "Qualifying Termination" shall mean the termination of Executive's employment (x) by AGC under circumstances not constituting a Termination for Cause, (y) by Executive under circumstances constituting a For Cause Event or (z) as a result of Executive's death or "Disability" (as defined in Paragraph 8(c) below).
For a period within 60 days after the occurrence of a termination for cause event ("Termination For Cause Event") pursuant to subparagraph 9(a), the GC Board shall deliver a written notice to Executive detailing the specific Termination For Cause Event.
Notwithstanding the fact that a Withdrawing Member has previously given the Company notice of that Member’s Voluntary Withdrawal, the Company shall have the right to terminate the Member for Cause for any subsequent For Cause Event committed by such Withdrawing Member, upon approval by the Board, which termination shall apply instead of the Voluntary Withdrawal and the Purchase Price for such Withdrawing Member’s Units shall be adjusted accordingly.
All outstanding shares have been duly and validly issued, are fully paid and nonassessable.
Notwithstanding the foregoing, in the event of a For Cause Event or Event of Default by Ascendant Member, GAP shall have the sole right to appoint, remove and replace, as applicable, all of the Watermark Board Members.

More Definitions of For Cause Event

For Cause Event means, with respect to a Partner, any of the following events, in each case except as may otherwise be Approved by any Partner in the Partner Group that does not include such Partner in their respective sole and absolute discretion:

For Cause Event means the occurrence of (i) a material breach by the Sharyland Member of (x) the then current Approved Annual Business Plan, or (y) this Agreement and such breach of this Agreement constitutes fraud or a violation of a fiduciary duty owed to the Company or the TDC Member, or (ii) any act or omission of the Sharyland Member that constitutes gross negligence or willful misconduct.

For Cause Event means the occurrence of one or more of the following events: (a) breach of either Party’s fiduciary duty owed to the other Party, the LPs and Affiliates; (b) settlement, conviction or entry of a guilty plea or plea of nolo contendere by either Party or one of the Service Providers or the Company’s President, Chief Financial Officer or Chief Compliance Officer (the “Principal Executive Officers”) involving (i) the commission of a crime involving either Party or the LPs and Affiliates (including antifraud laws or laws based upon reckless disregard, knowledge or scienter requirements), (ii) a felony, (iii) fraud, embezzlement, misappropriation of property or dishonesty, (iv) a material violation of federal or state securities laws, or (v) any crime that is materially injurious to either Party or the LPs and Affiliates monetarily or otherwise; (c) gross negligence or willful misconduct by either Party or one of its Principal Executive Officers, that is materially injurious to the Company, the LPs and Affiliates, monetarily or otherwise; (d) obtaining by the Service Provider of any material improper benefit as a result of any material breach of this Agreement; (e) the loss or suspension of either Party’s licenses that are required in order for either Party to carry out its duties and responsibilities to the Company, the LPs and Affiliates unless such license is reinstated within (ninety) 90 days after receiving notice of its loss or suspension; (f) the bankruptcy, liquidation, conservatorship or receivership of either Party; (g) the suspension or imposition of other material disciplinary action by any authority regulating either Party’s conduct; or (h) the illegal use by any of either Party’s Principal Executive Officers of controlled substances that significantly interferes with the performance of the person’s duties to said Party, the LPs and Affiliates or results in serious injury to either Party, the LPs and Affiliates monetarily or otherwise. . Either Party shall provide prompt written notice to the other Party if any of its Principal Executive Officers becomes disabled or incapacitated or fails, for a period of thirty (30) consecutive days, to devote substantially all of such person’s professional time to the performance of their services under this Agreement in their executive capacity (“Key Person Event”). Following notice to the receiving Party of a Key Person Event, the affected Party (i.e., the Party with the Key Person Event) shall, at its discretio...

For Cause Event means: (A) for Corporation, Corporation’s failure to pay Consultant within forty-five (45) calendar days after any due date required under, and, in accordance with, Section 2 of this Agreement, or (B) for Consultant, Consultant’s breach of this Agreement. With regard to Consultant’s breach, if such breach is not: (i) a “material breach” and (ii) capable of being cured, Consultant shall be permitted to cure such breach, such cure to occur within twenty (20) calendar days of the breach. For avoidance of doubt, a “material breach” for Consultant shall be: (i) breach by Consultant of any of Sections 7, 8, 10, 11, 16, and 17 of the Agreement, or (ii) any act by Consultant that would violate applicable laws, rules, or regulations, or Corporation’s policy or guidelines, in connection with any duties that Consultant may have to the Corporation, or (iii) termination by Corporation under Section 5. In addition, a party may terminate this Agreement, effective immediately upon written notice, should the other party: (i) admit in writing its inability to pay its debts generally as they become due; (ii) make a general assignment for the benefit of creditors; (iii) institute proceedings, or have proceedings instituted against it, seeking relief or reorganization under any laws relating to bankruptcy or insolvency; or (iv) have a court of competent jurisdiction appoint a receiver, liquidator, or trustee over all or substantially all of such party’s property or provide for the liquidation of such party’s property or business affairs (collectively, an “Insolvency Event”). Upon termination, all non-surviving duties and obligations of the parties under this Agreement will cease as of the effective date of termination. All accrued obligations to the date of termination shall be fulfilled and the obligations set forth in Sections 2 (c) and 6 - 26 of the Agreement shall survive the termination or expiration of this Agreement. In addition, if this Agreement is terminated during the first twelve (12) months of the first term (i) for any reason by Corporation other than because of a For Cause Event by Consultant, or (ii) by Consultant because of (x) a For Cause Event by Corporation or (y) an Insolvency Event of Corporation, then Corporation will owe Consultant an amount equal to the Consulting Fees forfeited by Consultant during the remaining number of months left in that first twelve months of the first term of the Agreement and not including any amounts received by Consultant for...

For Cause Event means, with respect to the Executive Chairman, in his capacity as such, the occurrence of any of the following events: (i) such Person’s failure to comply with, in any material respect, any of the Company Policies; (ii) the Board’s determination that such Person failed in any material respect to carry out or comply with any lawful and reasonable directive of the Board; (iii) such Person’s breach of a material provision of (x) this Agreement (in his capacity as the Designated Shareholder), (y) the Sponsor Agreement or (z) the Registration Rights Agreement (as such term is defined in the Merger Agreement, as defined in the Sponsor Agreement); (iv) such Person’s conviction, plea of no contest, plea of nolo contendere, or imposition of unadjudicated probation for any felony or crime involving moral turpitude; (v) such Person’s unlawful use (including being under the influence) or possession of illegal drugs on the Company’s (or any of its Affiliate’s) premises or while performing such Person’s duties and responsibilities under this Agreement; or (vi) such Person’s commission of an act of fraud, embezzlement, misappropriation, willful misconduct, or breach of fiduciary duty against the Company or any of its Affiliates.

For Cause Event means the termination of any ARC Principal by Newco or any of its Subsidiaries following a final, non-appealable conviction of or plea of nolo contendere to a felony prohibiting such ARC Principal from continuing to act as an employee, officer or director of Newco or any of its Subsidiaries due to legal restriction or physical confinement.