Prescribed Event definition

Prescribed Event means any Acts of God, war, flood, fire, storms, natural disasters, riots, terrorism, strikes, criminal acts, accidents, industrial action, government restrictions, technical malfunctions, supply issues, transportation issues and other facts, circumstances, matters or things beyond ▇▇▇▇▇▇▇’▇ reasonable control;
Prescribed Event means any of the following: (i) the Merchant has commenced the winding down or cessation of its business, or has ceased to carry on business, or is or may be bankrupt or insolvent; (ii) the Merchant has engaged in any fraudulent, unconscionable or unlawful activity or practice relating to the Merchant’s business, or is alleged by one or more customers to have done so; (iii) the Merchant or any of its officers, employees and/or agents had committed, or are being investigated by any authority in relation to, any fraudulent, unconscionable or unlawful activity or practice relating to the Merchant’s business; or (iv) the Merchant has failed to observe, comply with or duly perform any of the Merchant’s obligations under the Agreement, or any of the representations, warranties, undertakings made or deemed to be made by the Merchant to the Bank under the Agreement is untrue, incorrect or inaccurate in any respect, and in the circumstances, there are reasons to believe that the Merchant will not or may not be able to honour and perform the Merchant’s payment obligations (including any contingent payment obligations) in accordance with the Agreement or otherwise when required to do so.
Prescribed Event means any of the following events:

Examples of Prescribed Event in a sentence

  • The scheme reduces the liability of the Lessee in the event of a Prescribed Event with respect to the Goods.

  • No iSOFT Prescribed Event occurs between the date of this Agreement and 8.00 am on the Second Court Date.

  • No Bidder Prescribed Event occurs between the date of this Agreement and 8.00 am on the Second Court Date.

  • Other than with the prior approval of the Bidder or as required by this agreement, the Target RE must not, during the period referred to in clause 9.1, take any action which would be reasonably expected to give rise to a Target Prescribed Event.

  • No DEXUS Prescribed Event occurs between the date of this agreement and 8.00am on the Meeting Date.

  • No Target Prescribed Event occurs between the date of this agreement and 8.00am on the Meeting Date.

  • No Prescribed Event occurs between the date of this agreement and 8.00am on the Second Court Date.

  • AMAL 6 No AMAL Prescribed Event No AMAL Prescribed Event has occurred between (and including) the Execution Date and 8.00am on the Second Court Date.

  • Event No Trek Prescribed Event occurs between the date of this agreement and 8.00am on the Second Court Date.

  • No ▇▇▇▇▇▇ Prescribed Event has occurred between (and including) the Execution Date and 8.00am on the Second Court Date.


More Definitions of Prescribed Event

Prescribed Event means either a Prescribed Football Event or a Prescribed Cricket Event.
Prescribed Event means any of the following:
Prescribed Event means football matches or a series of such matches held in or outside Malaysia and any other event in respect of which it is prescribed under this Act that totalisator investments may be received;
Prescribed Event means an event which may not be conducted other than under licence to DSA.
Prescribed Event. , for a boat, means an event

Related to Prescribed Event

  • Designated Event means the occurrence of a Change of Control or a Termination of Trading.

  • Covered Event means any event or occurrence related to the fact that Indemnitee is or was a director, officer, employee, agent or fiduciary of the Company, or any subsidiary of the Company, or is or was serving at the request of the Company as a director, officer, employee, agent or fiduciary of another corporation, partnership, joint venture, trust or other enterprise, or by reason of any action or inaction on the part of Indemnitee while serving in such capacity.

  • Insured Event means (a) Accidental Damage to Your Covered Equipment and/or (b) Battery Depletion and/or (c) the need to use Technical Support, which occurs during the Coverage Period.

  • Widely attended event means an event at which at least 25 persons have been invited to attend or there is a reasonable expectation that at least 25 persons will attend the event and the event is open to individuals (i) who are members of a public, civic, charitable or professional organization, (ii) who are from a particular industry or profession or (iii) who represent persons interested in a particular issue.

  • Specified Event has the meaning given to such term in the definition of “Consolidated EBITDA.”