Market Event definition
Market Event means any crisis in the major financial markets such that the holding, trading or managing of an investment in a Fund is impracticable, inadvisable or materially altered;
Market Event has the meaning set forth in Section 5.4(b).
Market Event has the meaning set forth in Section 3.4.4(b).
Examples of Market Event in a sentence
Earned Royalties solely for Grünenthal Know-How payable for the particular Combination Product being sold on a country-by-country basis from the date of expiration of the last to expire of any such Grünenthal or OMP Patent licensed hereunder containing the particular Combination Product until an applicable Generic Market Event, at which time the applicable OMP Territory Earned Royalty solely for Grünenthal Know-How payable under Section 6.8(f) shall cease.
In the event of a Significant Market Event, the Parties shall, upon the request of Prometheus in its sole discretion, meet within [***] of such request to discuss in good faith what, if any, changes should be made as a result of such Significant Market Event to the Minimum PDE Requirement, the Minimum A&P Spend, the Baseline Sales figures, the Tier 2 Revenues, the Firm Forecasts, the Purchase Orders and other key financial terms in the then-current Sales Year and subsequent Sales Years.
In addition, the Vendor will comply with University’s policies regarding the COVID-19 pandemic, which will be provided to the Vendor prior to the Market Event.
Each of the following events set forth below in this Section 7.1 shall be considered a "Significant Market Event" (a "SME") for purposes of this Agreement.
For the avoidance of doubt, neither the occurrence of a Significant Market Event nor the failure of the Parties to agree to such changes shall be deemed to be a breach of this Agreement by either Party.
More Definitions of Market Event
Market Event means the occurrence of (i) a change in U.S. or international financial, political or economic conditions or currency exchange rates or exchange controls as would, in the sole judgment of the Remarketing Agent, be likely to prejudice materially the success of the Remarketing, issue, sale or distribution of the Subject Securities, or (ii) (A) any change, or any development or event involving a prospective change, in the condition (financial or other), business, properties or results of operations of the Company or its subsidiaries which, in the sole judgment of the Remarketing Agent, is material and adverse and makes it impractical or inadvisable to proceed with completion of the Remarketing or the sale of and payment for the Subject Securities; (B) any downgrading in the rating of the Subject Securities or any other debt securities of the Company by any "nationally recognized statistical rating organization" (as defined for purposes of Rule 436(g) under the Securities Act), or any public announcement that any such organization has under surveillance or review its rating of the Subject Securities or any other debt securities of the Company (other than an announcement with positive implications of a possible upgrading, and no implication of a possible downgrading, of such rating); (C) any suspension or limitation of trading in securities generally on the New York Stock Exchange, or any setting of minimum prices for trading on such exchange, or any suspension of trading of any securities of the Company on any exchange or in the over-the-counter market; (D) any banking moratorium declared by U.S. Federal or New York authorities; or (E) any outbreak or escalation of major hostilities in which the United States is involved, any declaration of war by Congress or any other substantial national or international calamity or emergency if, in the sole judgment of the Remarketing Agent, the effect of any such outbreak, escalation, declaration, calamity or emergency makes it impractical or inadvisable to proceed with completion of the Remarketing or the sale of and payment for the Subject Securities.
Market Event means an event or series of events resulting in:
Market Event means a general downturn in the oil and gas industry in or affecting the jurisdictions in which the Company or its Affiliates operate, the effects of which would reasonably be expected to materially and adversely affect the economic or operational performance or overall profitability of the Company or its Affiliates for longer than ninety (90) days if the Company were to continue operating in the ordinary course without taking mitigating actions to maintain economic or operational performance or overall profitability.
Market Event means (i) a public offering of equity securities of Employer commenced during the Term and completed no later than one year after the Term or (ii) a sale of all of the outstanding stock of Employer or the sale of all or substantially all of the assets of Employer to an unrelated third party completed no later than one year after the Term. Furthermore, the Board of Directors of Employer may waive such limitations in its sole discretion.
Market Event means the occurrence of (i) a change in U.S. or international financial, political or economic conditions or currency exchange rates or exchange controls as would, to the sole judgment of the Remarketing Agent, be likely to prejudice materially the success of the Remarketing, issue, sale or distribution of the Subject Securities, or (ii) (A) any change, or any development or event involving a prospective change, in the condition (financial or other), business, properties or results of operations of the Company and its subsidiaries taken as a whole which, in the sole judgment of the Remarketing Agent, is material and adverse and makes it impractical or inadvisable to proceed with completion of the Remarketing or the sale of and payment for the Subject Securities; (B) any downgrading in the rating of the Subject Securities or any other debt securities of the Company by any "nationally recognized statistical rating organization" (as defined for purposes of Rule 436(g) under the Securities Act), or any public announcement that any such organization has under surveillance or review its rating of the Subject Securities or any other debt securities of the Company (other than an announcement with positive implications of a possible upgrading, and no implication of a possible downgrading, of such rating); (C) any suspension or limitation of trading in securities generally on the New York Stock Exchange, or any setting of minimum prices for trading on such exchange, or any suspension of trading of any securities of the Company on any exchange or in the over-the-counter market; (D) any banking moratorium declared by U.S. Federal or New York authorities; or (E) any outbreak or escalation of major hostilities in which the United States is involved, any declaration of war by Congress or any other substantial national or international calamity or emergency if, in the sole judgment of the Remarketing Agent, the effect of any of the events specified in (B), (C), (D) or (E) makes it impractical or inadvisable to proceed with completion of the Remarketing or the sale of and payment for the Subject Securities.
Market Event means the farmer’s market, holiday market, middle market, and similar market-type events sponsored, hosted, promoted, or conducted by the city or a third person within the city’s boundaries.
Market Event means a sale or disposition of a Subsidiary or all or ------------ substantially all of the Property of any Borrower, in each case subject to the applicable provisions of this Loan Agreement.