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 means the occurrence of (i) a change in U.S. or inter national financial, political or economic conditions or currency exchange rates or exchange controls as would, in the sole judgment of 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 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 has the meaning set forth in Section 5.4(b).

Examples of Market Event in a sentence

  • The bid price of the reference bonds falls to or below 70 percent of the par value of the reference bonds (Reference Obligation Market Event); 3.

  • The scope of the market manager includes the following: Vendor Recruitment and Management, Market Promotion and Marketing, Market Operations, Coordination of SNAP and SNAP Incentive Programs, Coordination of Staff and Volunteers, ConflictResolution, Market Event Planning and Management, and Market Evaluation.

  • Exceptional Market Event means the suspension, closure, liquidation, imposition of limits, special, or unusual terms, excessive movement, volatility or loss of liquidity in any relevant Market or Reference Asset, or where the Company reasonably anticipates any of the above circumstances are about to occur.

  • As we start projecting ourselves, we look forward to hosting a Capital Market Event in June 2024.

  • The interval-specific COR is the product of the interval-specific Market Eligible Capacity (MEC) (defined below based on the interval-specific CAISO Market Event Performance (MEP) determined under applicable CAISO market baseline) and the interval-specific CAISO Clearing Price Delta (CCPD) (also defined below).


More Definitions of Market Event

Market Event means an event or series of events resulting in:
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 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.
Market Event means the occurrence of the following at any point in time during the Contract Term: (i) an alternative market design is implemented in which any Transmission Service (or associated transmission facilities) will be or become located within or subject to an organized energy market (such as a regional energy imbalance market) or a Transmission Provider becomes subject to or otherwise joins a Regional Transmission Organization, (ii) any of the Carbon-Free Resources or ACS used by Seller to perform its obligations hereunder or any associated transmission facilities, on the one hand, and the Locations, on the other hand, are made subject to separate organized energy markets, or (iii) any amendment or modification, by any Transmission Provider that is providing Transmission Service for deliveries of the Hourly Energy Quantities, of or to such Transmission Provider’s OATT (other than an amendment or modification to the costs and charges imposed by a Transmission Provider pursuant to its OATT).
Market Event has the meaning set forth in Section 3.4.4(b).
Market Event means the occurrence of (i) a change in U.S. or inter- ------------ national 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 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 any 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 any 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.