Initial Trigger Date definition

Initial Trigger Date means the fourth Trading Day following the Original Issue Date.
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Initial Trigger Date means the later to occur of (i) the date which is the third anniversary of the Signing Date, and (ii) the date which is the second anniversary of the First Commercial Sale; PROVIDED that if the date referred to in clause (ii) occurs after the date which is forty-two months after the Signing Date, the Initial Trigger Date shall be the date which is forty-two months after the Signing Date.
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Initial Trigger Date means the date that is the earlier of (i) thirty (30) days prior to the deadline for nomination of directors and stockholder proposals pursuant to the Bylaws for the 2024 Annual Meeting and (ii) one hundred and twenty (120) days prior to the first anniversary of the 2023 Annual Meeting.
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Examples of Initial Trigger Date in a sentence

  • Except for the Initial Trigger Date, the instructions contemplated by the foregoing sentence must be provided to Company by Broad within [**] days after the applicable Trigger Date.

  • All outstanding contracts that were designated as cash flow hedges as of September 30, 2002, will mature by September 30, 2003.

  • As used herein, the term “Trigger Date” shall mean the (i) Initial Trigger Date, and (ii) the Subsequent Trigger Dates.

  • The Borrower will not permit Availability to be less than $5,000,000 at any time; PROVIDED, that Availability may be less than $5,000,000 at any time (the first such time, the "Initial Trigger Date") so long as the Fixed Charge Coverage Ratio is at least 1.1:1.0 for the twelve (12) month period ending (a) on the last day of the month preceding the Initial Trigger Date, and (b) on the last day of each month thereafter (regardless of whether Availability exceeds $5,000,000 after the Initial Trigger Date).


More Definitions of Initial Trigger Date

Initial Trigger Date means the date if any, on which the number of Removed Properties pursuant to Section 6(b), 6(c), 6(d), 7(c), 12 or 19 shall reach three (3) Properties in the aggregate. The term “Subsequent Trigger Dates” shall mean each date subsequent to the Initial Trigger Date on which a Property is removed pursuant to Section 6(b), 6(c), 6(d), 7(c), 12 or 19. If this Agreement is so terminated, the Exxxxxx Money Deposit plus all interest accrued thereon shall be returned immediately to Buyer, and, except as otherwise provided in this Agreement, neither of the Parties shall have any further liability or obligation under this Agreement. Seller’s failure to terminate this Agreement by any Termination Deadline shall be deemed to be a waiver of Seller’s right to terminate this Agreement with respect to the corresponding Trigger Date.
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Related to Initial Trigger Date

  • Initial Triggering Event means any of the following events or transactions occurring after the date hereof:

  • ii) Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Flip-In Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Sequential Trigger Event With respect to any Distribution Date, a Sequential Trigger Event is in effect if (a) with respect to any Distribution Date occurring before July 2009, the circumstances in which the aggregate amount of Realized Losses incurred since the Cut-off Date through the last day of the related Prepayment Period divided by the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date exceeds 0.20% and (b) with respect to any Distribution Date occurring in or after July 2009, a Trigger Event is in effect.

  • Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Initiation Date means the date on which a financial creditor, corporate applicant or operational creditor, as the case may be, makes an application to the Adjudicating Authority for initiating corporate insolvency resolution process;

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.

  • Covenant Trigger Period means the period (a) commencing on the date that (i) an Event of Default occurs or (ii) Availability is less than the greater of (x) 10% of Available Credit and (y) $50,000,000 and (b) continuing until there has been a period of 30 consecutive days thereafter during which at all times (i) no Event of Default exists and (ii) Availability shall have been not less than the greater of (x) 10% of Available Credit and (y) $50,000,000.

  • Covenant Trigger Event shall occur at any time that Availability is less than the greater of (a) $12.5 million and (b) 10% of the Line Cap then in effect. Once commenced, a Covenant Trigger Event shall be deemed to be continuing until such time as Availability equals or exceeds the greater of (i) $12.5 million and (ii) 10% of the Line Cap then in effect for 30 consecutive days.

  • Initial Transfer Date means the Series Issuance Date for the first Series of Securitization Bonds.

  • Trigger Event Date means a date on which a Trigger Event has occurred as determined by the Calculation Agent.

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • Subsequent Triggering Event means either of the following events or transactions occurring after the date hereof:

  • Net Proceeds Offer Trigger Date has the meaning set forth in Section 4.16.

  • Moody’s First Trigger Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, (i) if such entity has a short-term unsecured and unsubordinated debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A2” and a short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-1”, or (ii) if such entity does not have a short-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A1”.

  • Start-up Period means up to a maximum of 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age-range of the Academy will have some pupils present).

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Initial Negotiation End Date has the meaning set forth in Section 12.2(a).

  • Carve-Out Trigger Notice means a written notice delivered by the Administrative Agent or the Required Lenders (which delivery may be made by any electronic method of transmission) to the Borrower and its counsel, the United States Trustee, and lead counsel to any Committee, which notice may be delivered following the occurrence and continuance of an Event of Default, and stating that the Post-Carve-Out Trigger Notice Cap has been invoked.

  • Event Date shall have the meaning set forth in Section 2(d).