Loss Event definition

Loss Event means (A) an annual pre-tax loss at GS Inc. or (B) annual negative revenues in one or more reporting segments as disclosed in the Firm’s Form 10-K other than the Investing & Lending segment, or annual negative revenues in the Investing & Lending segment of $5 billion or more, provided in either case that you are employed in a business within such reporting segment.
Loss Event means a Condemnation or Casualty involving an actual or constructive total loss or agreed or compromised actual or constructive total loss of all or substantially all of any Property constituting Collateral, except where the Company reasonably concludes that Restoration of such Property can be made in accordance with this Indenture and elects to do so in an Officers' Certificate delivered to the Trustee within 90 days of the relevant Condemnation or Casualty.
Loss Event means any Casualty Event or Event of Eminent Domain, as the context requires.

Examples of Loss Event in a sentence

If a Loss Event occurs prior to the delivery of RSU Shares, your rights in respect of all or a portion of your RSUs (whether or not Vested) which are scheduled to deliver on the next Delivery Date immediately following the date that the Loss Event is identified (or, if not practicable, then the next following Delivery Date) will terminate, and no RSU Shares will be delivered in respect of such RSUs.

If a Loss Event occurs prior to the delivery of any portion of the Settlement Amount, your rights in respect of all or a portion of your PSUs which are scheduled to deliver on the next Settlement Date immediately following the date that the Loss Event is identified (or, if not practicable, then the next following Settlement Date) will terminate, and no Shares will be delivered in respect of such PSUs.

If a Loss Event occurs prior to the delivery of RSU Shares, your rights in respect of all or a portion of your RSUs which are scheduled to deliver on the next Delivery Date immediately following the date that the Loss Event is identified (or, if not practicable, then the next following Delivery Date) will terminate, and no RSU Shares will be delivered in respect of such RSUs.


More Definitions of Loss Event

Loss Event means any fact, event or circumstance which has resulted in or is reasonably likely to result in a Loss or a Third Party Claim.
Loss Event as used herein shall mean each accident, occurrence, medical incident, wrongful act or series of accidents, occurrences, medical incidents or wrongful acts arising out of one event, whether involving one or several of the Company's policies or insureds. All bodily injury or property damage arising out of continuous or repeated exposure to substantially the same general conditions shall be considered as arising out of one event, whether involving one or several of the Company's policies or insureds. The date of the loss event shall be deemed to be the following:
Loss Event means, with respect to any Product under this Agreement or the Prior Agreement, (i) a loss of rights the effect of which limits or precludes Riverdeep licensing such Product to Distributor under this Agreement without a default by Riverdeep hereunder; (ii) Riverdeep's failure to initially procure rights to such Product; (iii) Riverdeep's failure to make such Product available to Distributor hereunder; (iv) Riverdeep's failure to provide the Deliverables for such Product as and when required hereunder; or (v) Riverdeep's decision to discontinue such Product, or (vi) any other event or occurrence the effect of which limits or impairs the rights granted to Distributor hereunder in respect of such Product.
Loss Event means a single loss or series of losses caused by a single incident.
Loss Event means any Class Vehicle incident that would have led to a Qualifying Repair (including, but not limited to, an engine fire) but either the cost of the repair was too great or other circumstances led the Class member to dispose of the Class Vehicle at a loss. This includes events in which there was insurance coverage, but where the Class member was still not made whole by such insurance payments.
Loss Event means the loss event in respect of the Project which occurred on [DATE OR DATE RANGE WHEN LOSS EVENT OCCURRED];
Loss Event means an event leading to loss which might have established the entitlement to indemnity (i.e. which may be an insured event);