Special Rights Termination Event definition

Special Rights Termination Event means either (1) the failure of the Series A Holders to timely exercise their option to fund the Second Closing Amount (as defined in the Purchase Agreement) pursuant to Section 1.1(c) of the Purchase Agreement, or (2) the timely exercise of such option by the Series A Holders followed by the failure of the Second Closing to occur due to the failure of the Series A Holders to satisfy any of the conditions provided in Sections 5.3(a)-(c) of the Purchase Agreement.
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Special Rights Termination Event means the consummation of the New Equity Financing.
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Special Rights Termination Event means the consummation of the New Equity Financing. (c) Article 6 will be terminated in its entirety and the terms defined in Article 8 that are used only in Article 6 will be deleted. (d) Section 10.15 will be terminated in its entirety. 4.
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Examples of Special Rights Termination Event in a sentence

  • As the UK emerges from one of the worst economic challenges in generations, increasing attention is being given to delivering and supporting economic growth.


More Definitions of Special Rights Termination Event

Special Rights Termination Event means either (i) the failure of the Purchasers to timely exercise their option to fund the Second Closing Amount pursuant to Section 1.1(c) or (ii) the timely exercise of such option by the Purchasers followed by the failure of the Second Closing to occur due to the failure of the Purchasers to satisfy any of the conditions provided in Sections 5.3(a)-(c). “Subsidiary” of any Person shall mean any corporation, partnership, limited liability company, joint venture or other legal entity of which such Person (either alone or through or together with any other subsidiary) owns, directly or indirectly, more than 50% of the stock or other equity interests the holders of which are generally entitled to vote for the election of the board of directors or other governing body of such corporation or other legal entity. “Termination Date” has the meaning set forth in Section 9.1(b). ARTICLE 9
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Special Rights Termination Event means either (i) the failure of the Investor Purchasers to timely exercise their option to fund the Investor Second Closing Amount pursuant to -25- Section 1.1(c) of the Investors Purchase Agreement or (ii) the timely exercise of such option by the Investor Purchasers followed by the failure of the Investors Second Closing to occur due to the failure of the Investor Purchasers to satisfy any of the conditions provided in Sections 5.3(a)-(c) of the Investor Purchase Agreement. “Subsidiary” of any Person shall mean any corporation, partnership, limited liability company, joint venture or other legal entity of which such Person (either alone or through or together with any other subsidiary) owns, directly or indirectly, more than 50% of the stock or other equity interests the holders of which are generally entitled to vote for the election of the board of directors or other governing body of such corporation or other legal entity. ARTICLE 8 TERMINATION SECTION 8.1.
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Special Rights Termination Event means any of a (i) Board Shift Event, (ii) a Put Breach Event, (iii) a Public Offering, (iv) Lumpkin LLC or Lumpkin purchasing the CCHI Stock, whether in accordancx xxxx Section 0.0 xx otherwise or (v) if Lumpkin LLC accepts a First Offer, its failing thereafter to purchase xxx XXXI Stock in accordance with Section 9.2 other than by reason of a breach by the Company or the Institutional Investors.
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Special Rights Termination Event means either (i) the failure of the Purchasers to timely exercise their option to fund the Second Closing Amount pursuant to Section 1.1(c) or (ii) the timely exercise of such option by the Purchasers followed by the failure of the Second Closing to occur due to the failure of the Purchasers to satisfy any of the conditions provided in Sections 5.3(a)-(c).
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Related to Special Rights Termination Event

  • Company Termination Event means any of the following:

  • Additional Termination Event has the meaning specified in Section 5(b).

  • Unmatured Termination Event means an event that, with the giving of notice or lapse of time, or both, would constitute a Termination Event.

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

  • Control Termination Event shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement.

  • ERISA Termination Event means (i) a “Reportable Event” described in Section 4043 of ERISA and the regulations issued thereunder (other than a “Reportable Event” not subject to the provision for 30-day notice to the PBGC under such regulations), or (ii) the withdrawal of a Borrower or any of its ERISA Affiliates from a “single employer” Plan during a plan year in which it was a “substantial employer”, both of such terms as defined in Section 4001(a) of ERISA, or (iii) the filing of a notice of intent to terminate a Plan or the treatment of a Plan amendment as a termination under Section 4041 of ERISA, or (iv) the institution of proceedings to terminate a Plan by the PBGC or (v) any other event or condition which might constitute grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Plan or (vi) the partial or complete withdrawal of a Borrower or any ERISA Affiliate of such Borrower from a “multiemployer plan” as defined in Section 4001(a) of ERISA.

  • Potential Termination Event means an event which, with the giving of notice and/or the lapse of time, would constitute a Termination Event.

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

  • Early Termination Event has the meaning specified in Section 9.2.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Voting Rights Triggering Event means the failure of the Company to pay dividends on the Preferred Stock with respect to six or more quarterly periods (whether or not consecutive).

  • Forbearance Termination Event has the meaning set forth in Section 3(a) hereto.

  • Swap Termination Event means the occurrence of a “Termination Event” under the Swap Agreement, as defined in the Swap Agreement.]

  • Term SOFR Transition Event means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section 2.14 that is not Term SOFR.

  • 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.

  • Put Option Event means a Change of Control Event.

  • Acceleration Event means the occurrence of an Event of Default (a) in respect of which Agent has declared all or any portion of the Obligations to be immediately due and payable pursuant to Section 10.2, (b) pursuant to Section 10.1(a), and in respect of which Agent has suspended or terminated the Term Loan Commitment pursuant to Section 10.2, and/or (c) pursuant to either Section 10.1(e) and/or Section 10.1(f).

  • 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.

  • Commitment Termination Event means (a) the occurrence of any Event of Default described in clauses (a) through (d) of Section 8.1.9, or (b) the occurrence and continuance of any other Event of Default and either (i) the declaration of the Loans to be due and payable pursuant to Section 8.3, or (ii) in the absence of such declaration, the giving of notice to the Borrower by the Administrative Agent, acting at the direction of the Required Lenders, that the Commitments have been terminated.

  • Consultation Termination Event shall have the meaning assigned to such term or an analogous term in the Servicing Agreement.

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Termination Upon a Change in Control means a termination of Officer’s employment with Corporation within 12 months following a “Change in Control” that constitutes a Termination Other Than For Cause described in Section 2.1(b).

  • Reduction Event means any of the following:

  • Notice Event means any of the events enumerated in paragraph (b)(5)(i)(C) of the Rule and listed in Section 4(a) of this Disclosure Agreement.