Option Triggering Event definition

Option Triggering Event is the first to occur of the following: (x) the termination by the Company of the Merger Agreement pursuant to Section 7.1(c)(ii) other than a termination, prior to 5:00 p.m. (New York time) on February 20, 2000, in connection with a Superior Proposal (as hereinafter defined) from any party (or an affiliate of such party) which made an Acquisition Proposal or gave an Indication of Interest prior to 12:00 p.m. (New York time) on February 3, 2000 (such time and date, the "Initial Offer Expiration Date"), (y) the termination by Parent of the Merger Agreement pursuant to Section 7.1(d)(iii) other than a termination, prior to 5:00 p.m. (New York time) on February 20, 2000, in connection with a Superior Proposal from any party (or an affili- ate of such party) which made an Acquisition Proposal or gave an Indica- tion of Interest prior to the Initial Offer Expiration Date, (z) the ter- mination by the Company or Parent of the Merger Agreement pursuant to Sec- tion 7.1(b)(i) if prior to such termination there shall have been publicly announced an Acquisition Proposal that is financially superior to the Of- fer and Merger (either at the time it is made or at any time prior to the termination of the Merger Agreement) or Indication of Interest (a "Supe- rior Proposal") and (zz) the termination by Parent of the Merger Agreement pursuant to Section 7.1(d)(ii) as a result of the Company's willful mate- rial breach of a covenant in the Merger Agreement if prior to such breach the Company shall have received a Superior Proposal.
Option Triggering Event means, for each Distribution Product, the earlier of (i) the date at which Teva receives official requirements from the applicable Regulatory Authority for additional research and development activities notifies Licensee that it elects to trigger the process under Section 2.4 of this Agreement with respect to a specific Distribution Product as a condition or in support of obtaining and/or maintaining the applicable Regulatory Approval; and (ii) the date that the IDL for such Distribution Product is disapproved by the applicable Regulatory Authority.
Option Triggering Event means the occurrence of any of the following events: A person or group (as such terms are defined in the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the rules and regulations thereunder) other than HUB or an affiliate of HUB:

Examples of Option Triggering Event in a sentence

  • Furthermore, upon the occurrence of a Change of Control Triggering Event (as defined herein) or a Special Put Option Triggering Event (as defined herein) which relates to certain events regarding our gaming license, we must offer to purchase the Notes at a price equal to 101% and 100%, respectively, of their principal amount plus accrued and unpaid interest and additional amounts, if any, to but excluding the date of the repurchase.

  • During the disposal of investments, the profit or loss accumulated in other equity is directly transferred to the retained earnings without being reclassified as profit or loss.

  • If, in any financial year starting from 2029 and thereafter, a Call Option Triggering Event occurs, Star Harvest will be entitled to exercise the Call Option within the following financial year.

  • The Watershed Option was exercisable immediately upon and at all times following a Watershed Option Triggering Event.

  • P1 was highly positive believing that the application would be able to provide a good supplemental experience to the in-person class while P2 was unsure as how useful the application would prove to be in practice.

  • Success Dairy shall not however be subject to such restriction upon the occurrence of a Put Option Triggering Event and the Company shall not be subject to such restriction upon the occurrence of a Call Option Triggering Event.

  • In the event an Option Triggering Event occurs for any Distribution Product during the Term, Teva shall provide Licensee with prompt written notice of such event (the “Option Notice”).

  • Info functions are available in "read on etherscan" tab: AmountOfPlayers – the number of sold tickets in the current cycle.

  • This gives our customers the ability to read captured objects embedded in video stills or images such as license plates, street signs or billboards.

  • Grant of the Option: Delco has irrevocably granted to Sims the Optionto purchase 20,837,095 Option Shares (representing approximately 2% of the issued share capital of the Company as at the Completion Date) (which would be increased by the number of the Further Option Shares should there occur the Further Option Triggering Event) on the terms and subject to the conditions set out in the Share Sale and Purchase Agreement.


More Definitions of Option Triggering Event

Option Triggering Event also means the taking of any material direct or indirect action by SJBDI or any of its directors, senior executive officers, investment bankers or other person with actual or apparent authority to speak for the Board of Directors, inviting, encouraging or soliciting any proposal (other than from HUB or an affiliate of HUB) which has as its purpose a tender offer for the shares of Common Stock, a merger, consolidation, plan of exchange, plan of acquisition or reorganization of SJBDI, or a sale of a significant number of shares of Common Stock or any significant portion of its assets or liabilities.
Option Triggering Event has the meaning specified in Section 6.04 a. hereof.
Option Triggering Event means any of (a) [...***...], (b) [...***...], or (c) [...***...].

Related to Option Triggering Event

  • Company Triggering Event shall be deemed to have occurred if: (a) the Company shall have made a Company Board Adverse Recommendation Change; (b) the Company Board or any committee thereof shall have publicly approved, endorsed or recommended any Acquisition Proposal; or (c) the Company shall have entered into any letter of intent or similar document relating to any Acquisition Proposal in violation of the terms of the Agreement.

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

  • Change of Control Triggering Event means the occurrence of both a Change of Control and a Rating Event.

  • Triggering Event means any Section 11(a)(ii) Event or any Section 13 Event.

  • Voting Rights Triggering Event means the failure of the Company to pay dividends on the Preferred Stock with respect to six or more quarterly periods (whether or not consecutive).

  • Notice-triggering PI means the PI identified in CCC § 1798.29(e) whose 25 unauthorized access may trigger notification requirements under CCC § 1709.29. For purposes of this 26 provision, identity shall include, but not be limited to, name, identifying number, symbol, or other 27 identifying particular assigned to the individual, such as a finger or voice print, a photograph or a 28 biometric identifier. Notice-triggering PI includes PI in electronic, paper or any other medium.

  • Triggering Events means each of the following events:

  • Put Option Event means a Change of Control Event.

  • Company Termination Event means any of the following:

  • Notice Event means any of the events enumerated in paragraph (b)(5)(i)(C) of the Rule and listed in Section 4(a) of this Disclosure Agreement.

  • Terminating Event means any of the following events:

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

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Termination Upon a Change in Control means a termination of Officer’s employment with Corporation within 12 months following a “Change in Control” that constitutes a Termination Other Than For Cause described in Section 2.1(b).

  • Control Transaction means any of the following transactions or any combination thereof:

  • Change in Control Transaction means the occurrence of any of the following events:

  • Debt Repayment Triggering Event means any event or condition which gives, or with the giving of notice or lapse of time would give, the holder of any note, debenture or other evidence of indebtedness (or any person acting on such holder’s behalf) the right to require the repurchase, redemption or repayment of all or a portion of such indebtedness by the Company or any of its subsidiaries.

  • Change of Control means the occurrence of any of the following:

  • Early Dissolution Event has the meaning specified in Section 9.2.

  • Early Termination Event has the meaning specified in Section 9.2.

  • Control Termination Event shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement.

  • 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.

  • Put Event means the occurrence of any of the following:

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).