Revaluation Event definition
Revaluation Event means an event that results in adjustment of the Carrying Value of each Partnership property pursuant to Section 5.5(d).
Revaluation Event means each occurrence of any of the following with respect to any Collateral Obligation during the time such Collateral Obligation is Collateral:
Revaluation Event means, with respect to any Collateral Loan as of any date of determination, the occurrence of any one or more of the following events (any of which, for the avoidance of doubt, may occur more than once):
Examples of Revaluation Event in a sentence
To the extent the Servicer has actual knowledge or has received notice of any Revaluation Event with respect to any Collateral Obligation, the Servicer shall give prompt notice thereof to the Administrative Agent (who shall forward a copy to each Agent and the Collateral Agent) and the Facility Agent (but, in any event, not later than two (2) Business Days after it receives notice or gains actual knowledge thereof).
More Definitions of Revaluation Event
Revaluation Event means, with respect to any Collateral Asset, the occurrence of any one or more of the following events after the related Cut-Off Date:
Revaluation Event means any of the following occurrences: (1) the contribution of money or other property (other than a de minimis amount) by a new or existing Partner to the capital of the Partnership as consideration for the issuance of an additional Unit or other interest in the Partnership; (2) the distribution of money or other property (other than a de minimis amount) by the Partnership to a retiring or continuing Partner as consideration for a Unit or other interest in the Partnership; or (3) the termination of the Partnership for Federal income tax purposes under section 708(b)(1)(B) of the Code; provided, however, under no circumstances shall the issuance of Units pursuant to Section 13.5 of the Agreement constitute a Revaluation Event; and provided further, that the occurrence of an event described in clause (1) or (2) above shall not constitute a Revaluation Event if the General Partner reasonably determines that it is not necessary to adjust the Book Bases of the Partnership’s assets or the Partners’ Capital Accounts in connection with the occurrence of any such event.
Revaluation Event has the meaning set forth in Section 4.05(b).
Revaluation Event has the meaning set forth in the Margining Agreement.
Revaluation Event. (1) a Contribution (other than a de minimis amount), (2) a Liquidating Distribution (other than a de minimis amount), or (3) a Liquidation of the Company.
Revaluation Event means (i) a liquidation of the Fund (within the meaning of Treasury Regulations Section 1.704-1(b)(2)(ii)(g)); (ii) a contribution of more than a de minimis amount of money or other property to the Fund by a new or existing Shareholder or a distribution of more than a de minimis amount of money or other property to a retiring or continuing Shareholder where such contribution or distribution alters the ratio of the Adjusted Capital Account of any Shareholder to the sum of the Adjusted Capital Account Balances of all the Shareholders, determined as of the date of such contribution or distribution; or (iii) such other time as determined by the Directors in their absolute discretion.
Revaluation Event means (a) the acquisition of an additional interest in the Company by any new or existing Member in exchange for more than a de minimis contribution (other than the contributions contemplated in Section 6.01(a)) and (b) the liquidation of the Company or a distribution by the Company to a Member of more than a de minimis amount of Company property; provided, however, that the Managers may elect, in their sole discretion, to treat other events as Revaluation Events.