Reset Event definition

Reset Event means the event defined in §4(4).
Reset Event means "Reset Event" as used in the definition of Interest Rate.
Reset Event means, for any Fiscal Quarter, an Average Closing Price for TXU Common Stock in excess of $39.45, as adjusted to account for stock splits, stock dividends and similar occurrences.

Examples of Reset Event in a sentence

  • In the case of a Reset Event under (ii) or (iii) above, the Conversion Price shall be automatically reduced upon the occurrence of such Reset Event.

  • If a Remarketing Reset Event occurs, from and after the applicable Remarketing Reset Event Date, the Company will no longer be required to pay Contingent Interest.

  • Upon the occurrence of a Reset Event, the applicable LIBOR will be reset on the Reset Date to be equal to the LIBOR applicable on the newly issued trust preferred capital securities with the same LIBOR Determination Dates issued by other trust subsidiaries of bank holding companies or thrift holding companies who issue LIBOR based 30 year floating rate trust preferred capital securities to Regional Diversified Funding 2004-2 Ltd.

  • Notwithstanding the foregoing, if a Remarketing Reset Event occurs, from and after the date of such Remarketing Reset Event, the Securities shall no longer be convertible into Common Stock.

  • A Reset Event will occur if on any day specified by the Initial Purchaser, Regional Diversified Funding 2004-2 Ltd.


More Definitions of Reset Event

Reset Event as used in the definition of Interest Rate.
Reset Event means an Acquisition Reset Event or a Trading Reset Event.
Reset Event has the meaning set forth in Section 5.07(a).
Reset Event has the meaning assigned to it in Section 3(b) hereof. -----------
Reset Event. : means “Reset Event” as used in the definition of Interest Rate.
Reset Event means that the level of the Bond is [at any time on any Scheduled Trading Day during the Observation Peri- od][during the Observation Period on any Scheduled Trading Day while the Ex- change is open for trading during its regu- lar trading session], and other than at a time at which there is a Disrupted Day,
Reset Event has the meaning assigned to such term in Section 4.02 of the WCG Note Indenture.