Restoration Event definition

Restoration Event means an event which gives rise to the Customer desiring to obtain the Customer Data stored pursuant to the Service, whether for the purposes of a restoration if circumstances compelled, or for the purposes of testing the Customer’s resilience in the event of such circumstances arising;
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Restoration Event means a court of competent jurisdiction in Korea having adjudicated the Issuer to be subject to the restoration proceedings pursuant to the provisions of the Korean Law Concerning Credit Restoration and Bankruptcy or any successor legislation thereto;
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Restoration Event means the occurrence of a Restoration Period with respect to any Trigger Event.
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Examples of Restoration Event in a sentence

  • If a Cash Management Event consists of the occurrence of the Optional Prepayment Date, that Cash Management Event shall not be susceptible of cure and shall be said to be continuing from the occurrence of the Optional Prepayment Date to the repayment in full of the Loan, and there shall be no Cash Management Restoration Event with respect to that occurrence of the Optional Prepayment Date.

  • Despite this section, as long as the Crestar Financial Corporation OMNI Trust Agreement is in existence, a Restoration Event cannot operate to end a Suspension Period under this Plan during any period in which a Suspension Period (as defined in the Crestar Financial Corporation OMNI Trust Agreement) is in effect under that trust agreement.

  • After the occurrence of a Cash Management Event, and until the occurrence of a Cash Management Restoration Event, Current Rents deposited into Account A shall be swept into the Deposit Account unless the Deposit Bank has given other disbursement instructions to the Clearing Bank.

  • Upon the occurrence of a Cash Management Restoration Event, Lender shall promptly direct the Deposit Bank and the Clearing Bank that Current Rents deposited into Account A shall again be swept into Account B on a daily basis as those funds are cleared.

  • Shoreline Restoration Event Scheduled for Saturday March 16th, 2013: We are looking forward to the 1st Shoreline Restoration Event scheduled for Saturday, March 16th, 2013 from 9am-1pm.

  • As used herein, the term "Cash Management Restoration Event" shall mean that date which will occur one (1) year after the cure, to Lender's reasonable satisfaction, of an Event of Default under this Agreement which resulted in the Cash Management Event.

  • Upon the occurrence of a Cash Management Restoration Event, all cleared Current Rents in Account A shall be swept to Account B as provided above.

  • If (x) the Agent has exercised its right to take exclusive control over the Collection Accounts pursuant to Section 4.11 while no Event of Default is continuing and (y) no Cash Management Restoration Event is continuing, the Agent may, in its sole discretion, apply any and all amounts from time to time on deposit in the Collection Accounts in accordance with clauses first through eighth below.

  • More than 90 clips were distributed to three (3) member communities and over 450 were distributed at the SPAC Conference, Master Gardeners of Western Wayne County, Septic Workshop, Healthy Lawn Care and Pollinators Workshops, Farmington Hills Earth Day and the Great Lakes Restoration Event.

  • Key highlights of this update will include:  Hydrilla update Native Submersed Aquatic Vegetation (SAV) observations Restoration Event scheduled for March 16th, 2013 (need volunteers!!!) Grass Carp Fish Stocking “Stop Aquatic Hitchhikers” educational sign campaign Recommendations for you and your lake Upon our inspection on August 23, 2012, (joined by OC staff- Ryan Patrick, John Pierce; SePRO representative- Dan Bergeson; and FWC Biologist-CJ Greene), minimal hydrilla was noted within the lakes.

Related to Restoration Event

  • Additional Disruption Event means any of Change in Law, Hedging Disruption and/or Increased Cost of Hedging.

  • Application Event means the occurrence of (a) a failure by Borrowers to repay all of the Obligations in full on the Maturity Date, or (b) an Event of Default and the election by Agent or the Required Lenders to require that payments and proceeds of Collateral be applied pursuant to Section 2.4(b)(iii) of this Agreement.

  • Deemed Liquidation Event means: (i) a merger or consolidation in which the Corporation is a constituent party or a subsidiary of the Corporation is a constituent party and the Corporation issues shares of its capital stock pursuant to such merger or consolidation, except any such merger or consolidation involving the Corporation or a subsidiary in which the shares of capital stock of the Corporation outstanding immediately prior to such merger or consolidation continue to represent, or are converted into or exchanged for shares of capital stock that represent, immediately following such merger or consolidation, at least a majority, by voting power, of the capital stock of the surviving or resulting corporation or if the surviving or resulting corporation is a wholly owned subsidiary of another corporation immediately following such merger or consolidation, the parent corporation of such surviving or resulting corporation; or (ii) the sale, lease, transfer, exclusive license or other disposition, in a single transaction or series of related transactions, by the Corporation or any subsidiary of the Corporation of all or substantially all the assets of the Corporation and its subsidiaries taken as a whole, or the sale or disposition (whether by merger or otherwise) of one or more subsidiaries of the Corporation if substantially all of the assets of the Corporation and its subsidiaries taken as a whole are held by such subsidiary or subsidiaries, except where such sale, lease, transfer, exclusive license or other disposition is to a wholly owned subsidiary of the Corporation.

  • Termination Event means an Illegality, a Tax Event or a Tax Event Upon Merger or, if specified to be applicable, a Credit Event Upon Merger or an Additional Termination Event.

  • Servicer Termination Event shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, any analogous concept under the servicing agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this Agreement.

  • Valuation Event means an event in which the Company at any time during a Valuation Period takes any of the following actions:

  • Substitution Event means, in respect of a Share, any Nationalization, Insolvency or Delisting in respect of such Share, or any Merger Event or Tender Offer in respect of such Share that is deemed by the Calculation Agent to be a Substitution Event, or an occurrence and continuation for at least eight consecutive applicable Exchange Business Days of a Market Disruption Event in respect of such Share.

  • Load Reduction Event means a reduction in demand by a Member or Special Member for the purpose of participating in the PJM Interchange Energy Market.

  • Termination Events means each of the events specified in Clause 10.3 of this Contract.

  • Fund Disruption Event means any of the following events, as determined by the Determination Agent in its reasonable discretion:

  • Benchmark Transition Event means the occurrence of one or more of the following events with respect to the then-current Benchmark: