Mandatory Cancellation Event means the occurrence of any of the following conditions or events:
Mandatory Cancellation Event means the occurrence of any of the following conditions or events: (a) a Court Meeting is held to approve the Scheme at which a vote is held to approve the Scheme, but the Scheme is not so approved by the shareholders of Eagle at such Court Meeting; (b) a General Meeting is held to pass the Scheme Resolutions at which a vote is held on the Scheme Resolutions, but the Scheme Resolutions are not passed by the shareholders of Eagle at such General Meeting; (c) applications for the issuance of the Court Order are made to the Court but the Court refuses to grant one or both of the Court Orders; (d) the Scheme lapses or is withdrawn; (e) the Press Release is not issued on or before the date falling five Irish Business Days after the Effective Date; (f) the Scheme Circular is not dispatched within 28 days of the date of the Press Release (or such later date as the Panel may permit) or, if later, promptly after the date on which the Court convenes a meeting of the holders of the Shares to consider the Scheme; (g) the Filing Date does not occur within 5 Business Days of the issuance by the Court of the Court Order; (h) the date which is 15 days after the Scheme Effective Date; (i) the date on which Eagle becomes a wholly owned subsidiary of the Borrower and all of the consideration payable in respect of the Shares has been paid in full; (j) the Long Stop Date; or (k) a meeting of the holders of the Company Shares is held to approve the Eagle Acquisition at which a vote is held to approve the Eagle Acquisition and completed, but Eagle Acquisition is not so approved.
Mandatory Cancellation Event the occurrence of any of the following conditions or events:
Examples of Mandatory Cancellation Event in a sentence
The Issuer shall, by giving notice to the Noteholders pursuant to Condition 6.7 ( Notice of Interest Deferral or Cancellation) below, cancel payment of all (but not some only) of the interest accrued to an Interest Payment Date in respect of the Notes upon the occurrence of a Mandatory Cancellation Event.
Unless previously terminated, the Commitments shall automatically terminate at 5:00 p.m. (Local Time) on the earlier of (i) the date on which all of the Certain Funds Purposes have been achieved without the making of any Advances and (ii) the time after a Mandatory Cancellation Event occurs; provided that in any event the Commitments shall terminate in full on the Closing Date after the proceeds of the Advances have been made available to the Borrower.
The Scheme Commitments shall terminate on a Scheme Mandatory Cancellation Event.
So did you meet with any hydrologist or engineers to determine how much the property flooded prior to the redesigned spillway?A: No.Q: Okay.
If a Mandatory Cancellation Event occurs, the Commitments shall be immediately cancelled and reduced to zero.
More Definitions of Mandatory Cancellation Event
Mandatory Cancellation Event means any of the following events:
Mandatory Cancellation Event means the occurrence of any of the following conditions or events: (a) a Court Meeting is held to approve the Scheme at which a vote is held to approve the Scheme, but the Scheme is not so approved by the holders of the Target Shares by the requisite majority at such Court Meeting; (b) a General Meeting is held to pass the Scheme Resolutions at which a vote is held on the Scheme Resolutions, but the Scheme Resolutions are not passed by the shareholders of the Target by the requisite majorities at such General Meeting; (c) applications for the issuance of the Court Order are made to the Court but the Court refuses to grant one or both of the Court Orders; (d) the Scheme lapses or is withdrawn;
Mandatory Cancellation Event means the occurrence of any of the following conditions or events: (a) a Court Meeting is held to approve the Scheme at which a vote is held to approve the Scheme, but the Scheme is not so approved by the holders of the Target Shares by the requisite majority at such Court Meeting; (b) a General Meeting is held to pass the Scheme Resolutions at which a vote is held on the Scheme Resolutions, but the Scheme Resolutions are not passed by the shareholders of the Target by the requisite majorities at such General Meeting; (c) applications for the issuance of the Court Order are made to the Court but the Court refuses to grant one or both of the Court Orders; (d) the Scheme lapses or is withdrawn; (e) the Scheme Circular is not dispatched within 28 days of the date of the Press Release (or such later date as the Panel may permit) or, if later, promptly after the date on which the Court convenes a meeting of the holders of the Target Shares to consider the Scheme; (f) the Filing Date does not occur within 10 Irish Business Days of the issuance by the Court of the Court Order; (g) the date which is 15 days after the Scheme Effective Date; (h) the date on which the Target becomes a wholly owned subsidiary of Parent and Irish Sub and all of the consideration payable in respect of the Target Shares has been paid in full; (i) the End Date; or (j) a meeting of the holders of the Borrower Shares is held to approve the Acquisition at which a vote is held to approve the Acquisition and completed, but the Acquisition is not so approved.
Mandatory Cancellation Event means any event specified in paragraph (a) of Clause 11.3 (Mandatory cancellation).
Mandatory Cancellation Event means the occurrence of (a) a Scheme Cancellation Event or (b) an Offer Cancellation Event. Margin means:
Mandatory Cancellation Event means, in relation to an Interest Payment Date, any one of the following events:(A) (i) a Regulatory Intervention has occurred and such Regulatory Intervention will be continuing on such Interest Payment Date, or would be caused by the payment by the Issuer (or the Guarantor) of interest and/or arrears of interest on the relevant date; and (ii) no dividend has been declared on any ordinary shares of Assicurazioni Generali since the date on which such Regulatory Intervention occurred; or(B) payment of the relevant interest and/or arrears of interest would result in the Issuer (or the Guarantor) becoming insolvent in accordance with provisions of the relevant insolvency laws and rules and regulations thereunder (including any applicable decision of a court) applicable to the Issuer (or the Guarantor) from time to time,
Mandatory Cancellation Event means, in relation to an Interest Payment Date, any one of the following events:(A) (i) a Regulatory Intervention has occurred and such Regulatory Intervention will be continuing on such Interest Payment Date, or would be caused by the payment by the Issuer (or the Guarantor) of interest and/or arrears of interest on the relevant date; and, subject to the proviso below, (ii) no dividend has been declared on any ordinary shares of Assicurazioni Generali since the date on which such Regulatory Intervention occurred; or(B) payment of the relevant interest and/or arrears of interest would result in the Issuer (or the Guarantor) becoming insolvent in accordance with provisions of the relevant insolvency laws and rules and regulations thereunder (including any applicable decision of a court) applicable to the Issuer (or the Guarantor) from time to time,provided that following implementation of the Future Regulations, the Issuer shall nonetheless cancel payment of interest on the Notes if and to the extent that any such non-cancellation as a result of the failure to satisfy the condition set out in sub-(A)(ii) will result in the Notes not qualifying as at least Tier 2 own funds (or whatever the terminology employed by the Future Regulations), in which case the condition set out in sub-(A)(ii) shall be disapplied.