Reportable Action definition

Reportable Action means any action, suit or proceeding or investigation before any court, arbitrator or other governmental body against the Guarantor or any of its Subsidiaries or any ERISA Event, in each case in which there is a reasonable possibility of an adverse determination that could reasonably be expected to have a Material Adverse Effect.
Reportable Action means any action, suit or proceeding or investigation before any court, arbitrator or other governmental body against the Borrower or any of its Subsidiaries or any ERISA Event, in each case in which there is a reasonable possibility of an adverse determination that could reasonably be expected to have a Material Adverse Effect. “Required Currency” has the meaning assigned to such term in Section 9.12. “Required Lenders” means, at any time, Lenders (not including the Borrower or any of its Affiliates) having aggregate Applicable Percentages in excess of 50% at such time. “Resignation Effective Date” has the meaning assigned to such term in Section 7.06(a). “Responsible Officer” means (i) any Manager or General Manager of the Borrower and (ii) any President, Executive Vice President or Senior Vice President of Tyco International Management Company, LLC. “Restricting Information” has the meaning assigned to such term in Section 9.16(a). “Revolving Credit Exposure” means, with respect to any Lender at any time, the outstanding principal amount of such Lender’s Loans at such time. 16 “S&P” means Standard & Poor’s Ratings Services, a division of The ▇▇▇▇▇▇-▇▇▇▇ Companies, Inc. and any successor to its business of rating debt securities. “S&P Rating” means, at any time, the rating published by S&P of the Borrower’s Index Debt. “Sanctioned Country” means, at any time, a country, region or territory which is, or whose government is, the subject or target of comprehensive Sanctions (at the time of this Agreement, Crimea, Cuba, Iran, North Korea, Sudan and Syria). “Sanctioned Person” means, at any time, (a) any Person listed in any Sanctions-related list of designated Persons maintained by OFAC, the U.S. Department of State, or by the United Nations Security Council, the European Union or any European Union member state or (b) any Person majority owned or controlled by any such Person or Persons described in the foregoing clause (a). “Sanctions” means economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by (a) the U.S. government, including those administered by OFAC or the U.S. Department of State, or (b) the United Nations Security Council, the European Union or Her Majesty’s Treasury of the United Kingdom. “SEC” means the Securities and Exchange Commission, or any Governmental Authority succeeding to any of its principal functions. “Significant Subsidiary” means, at any date, any Subsidiary which, including its su...
Reportable Action means any action, suit or proceeding or investigation before any court, arbitrator or other governmental body against the Parent or any of its Subsidiaries other than one that could not reasonably be expected to have a Material Adverse Effect."

Examples of Reportable Action in a sentence

  • As such, a Letter of Deficiency is not a Reportable Action, such that the issuance of a Letter of Deficiency does not trigger an automatic report to any outside agencies.

  • As such, a Letter of Deficiency is not a Reportable Action as described in Section 4.1.3. The issuance of a Letter of Deficiency does not trigger an automatic report to any outside agencies.

  • The Appeal Panel may, at its discretion: Review the notification provided to Resident concerning the Reportable Action; Review Resident’s file; Meet with Resident; Meet with the Program Director; Review the basis of the Residency Program’s decision to take an adverse action; Consider information presented in writing by Resident; or Determine whether the process outlined in this Section 4.1 was followed.

  • If Resident becomes the subject of a Reportable Action, Resident may request a review of the decision as provided in Section 4.1.4 below.

  • A decision by the Residency Program which involves a Reportable Action shall be promptly communicated to Resident in writing.

  • The Residency Program is not required to issue a Letter of Deficiency before initiating a Reportable Action as described in Section 4.1.3.

  • A review of the Residency Program’s decision to take a Reportable Action may be requested by Resident by submitting a written request for review to the Office of Graduate Medical Education within fourteen (14) calendar days (excluding holidays) of receiving the communication informing Resident of the Reportable Action.

  • Upon the conclusion of the review, the Review Panel will provide to the DIO, the Resident and to the Residency Program Director a written recommendation concerning the disposition of the Reportable Action.

  • Review the notification provided to Resident concerning the Reportable Action.

  • Review the basis of the Residency Program’s decision to take a Reportable Action to verify that the decision was based on one or more core competencies.