Potential Acceleration Event definition

Potential Acceleration Event means any execution of an agreement, the commencement of a tender offer or any other transaction or event that if consummated would result in an Acceleration Event.
Potential Acceleration Event means any event which is, or after notice given hereunder or the passage of time or the making of any determination would be, an Acceleration Event.
Potential Acceleration Event means any event or circumstances which with the giving of notice or the lapse of time would be an Acceleration Event.

Examples of Potential Acceleration Event in a sentence

  • The Borrower’s determination of the Interest Cancellation Amount and the Write Down Amount (if any) shall in the absence of fraud or manifest error be binding on all parties.Notwithstanding any other provision of this Agreement, an Interest Cancellation or a Write Down shall not constitute an Acceleration Event (or a Potential Acceleration Event) or a default under this Agreement.

  • Within 14 days of any request of the Lender, the Borrower shall deliver to the Lender and the Trustee a written notice in the form of an Officers’ Certificate stating whether any Potential Acceleration Event or Acceleration Event has occurred and, if it has occurred and shall be continuing, what action the Borrower is taking or proposes to take with respect thereto.

  • The obligation of the Lender to make the Advance shall be subject to the conditions precedent that as at the Closing Date (a) no Acceleration Event or Potential Acceleration Event shall have occurred, (b) the Lender shall have received the full funding of the Advance and that funding shall be and shall remain available in full to be on-lent to the Borrower and (c) the Lender shall have received in full the Facility Fee pursuant to Clause 4.2 (Facility Fee).

  • No Interest shall accrue from the Write Down Event Date and as long as a Write Down Event(s) is(are) continuing.Notwithstanding any other provision of this Agreement, an Interest Cancellation or a Write Down under this Clause 8 (Write Down) shall not constitute an Acceleration Event (or a Potential Acceleration Event) or a default by the Borrower under this Agreement and shall not oblige the Borrower to indemnify the Lender in accordance with Clause 14 (Indemnity).

  • Within 14 days of a request by the Lender, Sberbank shall deliver to the Lender a written notice in the form of an Officer's Certificate stating whether any Potential Acceleration Event or Acceleration Event or Write Down Event has occurred and, if it has occurred and shall be continuing, what action Sberbank is taking or proposes to take with respect thereto.


More Definitions of Potential Acceleration Event

Potential Acceleration Event means any event or circumstances which would, with the giving of notice, lapse of time, issue of a certificate and/or fulfilment of any other requirement become an Acceleration Event.
Potential Acceleration Event means the execution of an agreement or the commencement of a tender offer, in either case, in respect of a transaction or event that if consummated would result in an Acceleration Event.
Potential Acceleration Event means the execution of an agreement, the commencement of a tender offer or the public announcement by a third party to take actions, in any such case, in respect of a transaction or event that if consummated would result in an Acceleration Event. The Potential Acceleration Event may be deemed by the Committee to no longer be in effect at such time as the Committee may determine in its good faith discretion.
Potential Acceleration Event means an event or condition that would upon notice, lapse of time or both become, unless cured or waived, an Acceleration Event.
Potential Acceleration Event means any event or circumstance that could potentially result in an Acceleration Event.
Potential Acceleration Event means the occurrence at any time on or prior to the second anniversary of the date of the consummation of the Public Offering of a Sponsor Liquidity Event in connection with which the price-per-share of the Equity Securities of the Public Company implied by such Sponsor Liquidity Event is such that if, hypothetically, all Equity Securities of the Public Company directly or indirectly held by the Partnership at that time were to be sold for such price-per-share, and all other assets of the Partnership were to be sold for their then Fair Market Value, and all proceeds therefrom, after paying all then existing debts and liabilities of the Partnership, were to be distributed to the Partners pursuant to this Agreement, the Common Series A Limited Partners who held Common Series A Units as of the Original Effective Date would realize an implied pre-tax internal rate of return of at least twenty percent (20%) compounded annually on the Capital Contributions made by such Common Series A Limited Partners as of the Original Effective Date with respect to the Common Series A Units held by them as of the Original Effective Date (as determined after taking into account such hypothetical distribution, and otherwise determined in a manner consistent with the second to last and third to last paragraphs of the definition of Vesting Exit Event for 20% Common Series C Units).
Potential Acceleration Event means any execution of an agreement, the commencement of a tender offer or any other transaction or event that if