Settlement Event definition

Settlement Event means the resolution of the legal proceedings between Consumer Portfolio Services, Inc. and Stanwich Financial Services, Corp. by entry of a final order, not subject to appeal in such a manner that the outcome would not have a material adverse effect on the operation or financial condition of CPS.
Settlement Event means the occurrence in which the Buyer has entered into a settlement arrangement with a potential generic provider of the Royalty Bearing Products which results in no market entry by such potential generic provider.
Settlement Event means (x) a Mandatory Settlement Event or (y) ---------------- an Elective Settlement Event with respect to which the Holder delivers an Election Notice.

Examples of Settlement Event in a sentence

  • Interest Type:General Condition 9 ( Interest)Not ApplicableProvisions relating to Automatic Settlement (Autocall)14.Automatic Settlement (Autocall): General Condition 10 (Automatic Settlement (Autocall))Not Applicable15.Optional Early Settlement Event: General Condition 11 (Optional Early Settlement Event)Not ApplicableProvisions relating to Final Settlement16.(a) Final Settlement Type: General Condition 12 (Final Settlement)Supertracker (b) Settlement Method:Cash (c) Protection Level:100 per cent.

  • Under the Swap Agreement, on or after each Deposit Interest Payment Date, the Issuer will pay an amount (if any) in the currency in which the Deposit is denominated equal to the Deposit Interest Amount received by the Issuer on such date to the Swap Counterparty provided that no Automatic Early Settlement Event, Early Payment Event or Event of Default has occurred.

  • Any unvested Restricted Stock Units will automatically vest upon a Settlement Event, subject in each case to the Grantee’s continued Service Relationship until a Settlement Event occurs.

  • In some instances the legal effect of the Delivery Settlement Event in relation to the particular delivery which does not give rise to an equitable interest will be determined by reference to information held outside the CREST system (such as corporate actions documentation in relation to deliveries to a Receiving Agent) and in others there will be no legal effect, other than a discharge of EUI’s obligations in relation to completion of the relevant system movements.

  • In the case of a ForexClear Settlement Event, the Clearing House will apply additional checks to each ForexClear Spot Transaction by reference to its impact on the Settlement Position Amount of the Impacted ForexClear Option Clearing Member.

  • The legal effect of this Delivery Settlement Event in relation to each relevant jurisdiction is summarised below.

  • On or before the Final Payment Date or, if an Automatic Early Settlement Event has occurred, the Automatic Early Settlement Date (either such date, the "Deposit Termination Date"), the Deposit Counterparty will pay an amount to the Issuer equal to the Final Deposit Payment.

  • Rule 14 Finality of Delivery Part A - The Delivery Settlement Event The time at which settlement of a delivery (including issue or cancellation) of uncertificated units of a CREST participating security occurs (and can therefore be said to be final) is determined by reference to the regulations or other provisions which govern the participation of that security in the CREST system.

  • Interest Type:General Condition 9 ( Interest)Not ApplicableProvisions relating to Automatic Settlement (Autocall)14.Automatic Settlement (Autocall): General Condition 10 (Automatic Settlement (Autocall))Not Applicable15.Optional Early Settlement Event: General Condition 11 (Optional Early Settlement Event)Not ApplicableProvisions relating to Final Settlement16.(a) Final Settlement Type: General Condition 12 (Final Settlement)Supertracker (b) Settlement Method:Cash (c) Strike Price Percentage:100 per cent.

  • If Transaction Auction Settlement Terms are not published or a Fallback Settlement Event occurs within a certain period and if it is not possible to obtain quotations from Quotation Dealers for the Selected Obligations within a further period, the Final Value of the Selected Obligations will be deemed to be zero and therefore the Credit Event Payment Amount will be equal to zero.


More Definitions of Settlement Event

Settlement Event means, with respect to an Award, the event or date that triggers payment of the Payment Amount in accordance with Plan Section V or the Award Agreement, as applicable.
Settlement Event means the occurrence of any of the following:
Settlement Event means any of the following: (a) at any time on or prior to the sale of the Notes on the Coupon Reset Date, (i) an Event of Default (as defined in the Indenture) has occurred and is continuing under Sections 501 (3) or (4) under the Indenture (in which case, the occurrence of a Settlement Event is at the Remarketing Dealer's option), (ii) a default, event of default or other similar condition or event (however described) in respect of the Company or any of its subsidiaries (individually or collectively) has occurred under one or more agreements or instruments relating to indebtedness of the Company or any of its subsidiaries in an aggregate amount of not less than $20,000,000 which has resulted in such indebtedness becoming due and payable, under such agreements or instruments, before it would otherwise have been due and payable (in which case, the occurrence of a Settlement Event is at the Remarketing Dealer's option), (iii) the Company or any of its subsidiaries has defaulted in making one or more payments on the due date thereof in an aggregate amount of not less than $20,000,000 under such agreements or instruments (after giving effect to any applicable notice requirement or grace period) (in which case, the occurrence of a Settlement Event is at the Remarketing Dealer's option), (iv) an Event of Default has occurred and is continuing under Sections 501(6) or (7) under the Indenture (in which case, the occurrence of a Settlement Event is automatic), or (v) the Notes shall have been assigned a rating below Investment Grade by any of the Rating Agencies (in which case, the occurrence of the Settlement Event is at the Remarketing Dealer's option), (b) if less than two Dealers have submitted Bids in a timely manner (in which case, the occurrence of a Settlement Event is automatic), or (c) the Company terminates the Coupon Reset Process pursuant to Section 4(g) (in which case, the occurrence of a Settlement Event is automatic), or (d) a Defeasance or a Covenant Defeasance with respect to the Notes occurs pursuant to Section 1302 or 1303, respectively, of the Indenture (in which case, the occurrence of a Settlement Event is automatic), or (e) the Remarketing Dealer fails to make the payment required under Section 4(e)(i) due to the occurrence of a Market Disruption Event (in which case, the occurrence of a Settlement Event is automatic). For purposes of the foregoing, "RATING AGENCY" shall mean Standard & Poor's Corporation and its successors and Xxxxx'x Inve...

Related to Settlement Event

  • Payment Event means any of the following:

  • Adjustment Event means each of the following events:

  • Optimal Adjustment Event With respect to any Class of Class B Certificates and any Distribution Date, an Optimal Adjustment Event will occur with respect to such Class if: (i) the Principal Balance of such Class on the Determination Date succeeding such Distribution Date would have been reduced to zero (regardless of whether such Principal Balance was reduced to zero as a result of principal distribution or the allocation of Realized Losses) and (ii) (a) the Principal Balance of any Class of Class A Certificates would be subject to further reduction as a result of the third or fifth sentences of the definition of Principal Balance or (b) the Principal Balance of a Class of Class B Certificates with a lower numerical designation would be reduced with respect to such Distribution Date as a result of the application of clause (ii) of the definition of Class B-1 Principal Balance, Class B-2 Principal Balance, Class B-3 Principal Balance, Class B-4 Principal Balance, Class B-5 Principal Balance or Class B-6 Principal Balance.

  • Value Adjustment Event means, with respect to any Loan Asset, the occurrence of any one or more of the following events after the related Cut-Off Date:

  • Announcement Event means the occurrence of an Announcement Date in respect of a Merger Event or Tender Offer, notwithstanding the fact that such Merger Date or Tender Offer Date may not, or may not be anticipated to, occur on or prior to the Valuation Date for the related Component. The definition of “Announcement Date” in Section 12.1(l) of the Equity Definitions shall be amended by (a) replacing the word “leads” in the third line thereof and in the fifth line thereof with the words “could lead (as determined by the Calculation Agent)” (b) deleting the word “firm” in the second and fourth lines thereof and (c) inserting the words “, and any publicly announced change or amendment to such an announcement (including the announcement of an abandonment of such intention)” at the end of clauses (i) and (ii) thereof. Consequences of Merger Events: Merger Event:

  • Potential Adjustment Event means any of the following:

  • Replacement Event shall have the meaning specified in Section 11.16.

  • Reinvestment Event any Asset Sale or Recovery Event in respect of which the Borrower has delivered a Reinvestment Notice.

  • Repayment Event means any event or condition which gives the holder of any note, debenture or other evidence of indebtedness (or any person acting on such holder’s behalf) the right to require the repurchase, redemption or repayment of all or a portion of such indebtedness by the Company or any of its subsidiaries.

  • Amendment Event means that Counterparty amends, modifies, supplements, waives or obtains a waiver in respect of any term of the Indenture or the Convertible Securities governing the principal amount, coupon, maturity, repurchase obligation of Counterparty, redemption right of Counterparty, any term relating to conversion of the Convertible Securities (including changes to the conversion price, conversion settlement dates or conversion conditions), or any term that would require consent of the holders of not less than 100% of the principal amount of the Convertible Securities to amend, in each case without the consent of Dealer.

  • Extraordinary Adjustment Event means any of the following events as they relate to the Reference In- strument:

  • Index Adjustment Event means, in respect of the Index, an Administrator/Benchmark Event, an Index Cancellation, an Index Disruption or an Index Modification.

  • Adjustment Events (A) the Partnership makes a distribution on all outstanding OP Units in Partnership Units, (B) the Partnership subdivides the outstanding OP Units into a greater number of units or combines the outstanding OP Units into a smaller number of units, or (C) the Partnership issues any Partnership Units in exchange for its outstanding OP Units by way of a reclassification or recapitalization of its OP Units. If more than one Adjustment Event occurs, the adjustment to the Class B Units need be made only once using a single formula that takes into account each and every Adjustment Event as if all Adjustment Events occurred simultaneously. For the avoidance of doubt, the following events shall not be Adjustment Events: (x) the issuance of Partnership Units in a financing, reorganization, acquisition or other similar business transaction, (y) the issuance of Partnership Units pursuant to any employee benefit or compensation plan or distribution reinvestment plan, or (z) the issuance of any Partnership Units in respect of a capital contribution to the Partnership, including a contribution by the General Partner of proceeds from the sale of securities by the General Partner. If the Partnership takes an action affecting the OP Units other than actions specifically described above as Adjustment Events and, in the opinion of the General Partner such action would require an adjustment to the Class B Units to maintain the one-to-one correspondence described above, the General Partner shall have the right to make such adjustment to the Class B Units, to the extent permitted by law, in such manner and at such time as the General Partner, in its sole discretion, may determine to be appropriate under the circumstances. If an adjustment is made to the Class B Units as herein provided, the Partnership shall promptly file in the books and records of the Partnership an officer’s certificate setting forth such adjustment and a brief statement of the facts requiring such adjustment, which certificate shall be conclusive evidence of the correctness of such adjustment absent manifest error. Promptly after the filing of such certificate, the Partnership shall mail a notice to each holder of Class B Units setting forth the adjustment to his, her or its Class B Units and the effective date of such adjustment.

  • Put Event means the occurrence of any of the following:

  • Relevant Event means any Termination Event or any event which with the giving of notice or lapse of time or the satisfaction of any other condition (or any combination thereof) would constitute a Termination Event;

  • Load Management Event means a) a single temporally contiguous dispatch of Demand Resources in a Compliance Aggregation Area during an Operating Day, or b) multiple dispatches of Demand Resources in a Compliance Aggregation Area during an Operating Day that are temporally contiguous.

  • Settlement Disruption Event means each of the following events, as determined by the Calculation Agent in its sole discretion acting in good faith and in a commercially reasonable manner:

  • Prepayment Event means any Asset Sale Prepayment Event, Debt Incurrence Prepayment Event, Casualty Event or any Permitted Sale Leaseback.

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

  • Enforcement Event means an Event of Default.

  • Significant Event means any Amortization Event or Event of Default.

  • Servicer Replacement Event means any one or more of the following that shall have occurred and be continuing:

  • ii) Event means any event described in Section 11(a)(ii) hereof.

  • Interest Rate Adjustment Event means the occurrence of any of the following:

  • Knock-out Event means the event as defined in §4(4).

  • Banquet Event Order or “BEO” means a written order issued by the Contractor to the Judicial Council that confirms the Judicial Council’s specific instructions and orders with respect to the Program on any one or more of the following, but does not alter any of the Agreement’s terms and conditions: (i) meeting and/or function room(s) and set-up requirements and/or rental charges; (ii) meal menus and prices and set-up requirements; and/or (iii) audio-visual equipment and set-up requirements and/or rental charges. BEO’s will be approved and signed by the Judicial Council’s representative, as set forth in Exhibit B.