Stop Event definition

Stop Event means any of the following events:
Stop Event means (a) the declaration of all or any portion of the Obligations to be forthwith due and payable pursuant to Section 8.2, or (b) the occurrence of an Event of Default under Section 8.1(f)(ii) with respect to the Borrower.
Stop Event means (a)(i) as of the end of any Fiscal Quarter, the Borrower, on a consolidated basis with its Subsidiaries, shall have for the related Rolling Period (as defined in Annex G), a Fixed Charge Coverage Ratio (as defined in Annex G) of less than 1.10 to 1.00 and (ii) Net Borrowing Availability shall be less than $15,000,000 at any time following the Fiscal Quarter referred to in clause (a)(i) above, (b) the declaration of all or any portion of the Obligations to be forthwith due and payable pursuant to Section 8.2 or (c) the occurrence of an Event of Default under Section 8.1(a) or Section 8.1(f)(ii) with respect to the Borrower.

Examples of Stop Event in a sentence

  • The utility function for choosing the bus may be written as: U = ∑ βa xa + ∑λa ya + ε .

  • Failure of the Servicer to provide such access will constitute a material Due Diligence issue and a Stop Event.

  • Provided an Investment Stop Event has not been declared any drawn but repaid amounts of principal under the Notes may be redrawn by the Issuer during the Investment Period.

  • Since these four unit types do not restrict reference, unlike adjectives and possessors, whose behavior is shared by demonstratives and internally headed relative clauses, we may conclude that the latter‘s effect on the adjacent words‘ tonal contour is the phonological manifestation of their status of reference restrictors.

  • The Investment Management and Administration Agreement sets out further details as regards the fees and expenses payable to the Investment Manager in the event that the Noteholders Advisory Committee calls an Investment Stop Event for Cause / Investment Stop Event Without Cause.

  • Make Whole FeeIn case of an Investment Stop Event without Cause, the Investment Manager shall be entitled to receive compensation equal to one hundred percent (100%) of its annual Investment Management Fee calculated on the basis of the Net Asset Value of the Issuer as at the time the Investment Stop Event is declared (the “Make Whole Fee”).

  • Following the occurrence of, and during the continuance of, a Stop Event that has not been waived by Xxxxxx Mae, a Settlement Dates shall occur with such frequency (e.g., weekly or daily) as Xxxxxx Xxx shall direct.

  • Failure by the Servicer to deposit into the Trust Account, Required P&I on the business day immediately prior to the Draft Date; provided, however, that such failure shall be subject to a cure period of one business day; provided, further, however, that such cure period shall be unavailable if such failure occurs more than once in any four-month period or more than twice in any twelve-month period.If a Stop Event occurs and is not waived by Fannie Mae, the Early Reimbursement Period is terminated.

  • The Investment Management Agreement sets out further details as regards the fees and expenses payable to the Investment Manager b the Issue in the event that the Noteholders Advisory Committee calls an Investment Stop Event for Cause/ Investment Stop Event Without Cause.

  • Notwithstanding the foregoing, the Issuer shall not have the right to redeem the Junior Notes pursuant to this Section at any time during a Standstill Period or when a Payment Stop Event has occurred and is continuing.


More Definitions of Stop Event

Stop Event means the occurrence of an Event of Termination of the type described in Section 7.01 (i) or (j). For purposes of the Administration Agreement, this Stop Event shall be the sole Stop Event under this Agreement.
Stop Event means the occurrence of, without giving effect to any waiver thereof, (i) a Wind-Down Event of the type described in Section 7.01(h) of the EagleFunding Purchase Agreement, (ii) the occurrence of the acceleration of all of EagleFunding's Indebtedness to the Liquidity Providers under the Liquidity Agreement as the result of the occurrence of an "Event of Default" thereunder or any similar occurrence, or (iii) an Insolvency Event with respect to the Servicer (if the Servicer is the Originator or an Affiliate thereof). For purposes of the Administration Agreement, the three Stop Events described in the foregoing sentence shall be the sole Stop Events under this Agreement.
Stop Event means the occurrence of (i) an Event of Termination of ---------- the type described in Section 7.01(j) (without giving effect to any waiver --------------- thereof) or (ii) the occurrence of an acceleration of all of the Purchaser's indebtedness to the Liquidity Providers under a Liquidity Agreement, or to the Supplemental Enhancement Providers under a Supplemental Enhancement Agreement, in each case as a result of the occurrence of an "Event of Default" or similar occurrence. For purposes of the Administration Agreement, the two Stop Events described in the foregoing sentence shall be the sole Stop Events under this Agreement.".
Stop Event has the meaning specified in Clause 6.2(a) (Certain Rights of Administrative Agent).
Stop Event means any Servicer Termination Event or Unmatured Servicer Termination Event.
Stop Event means (a)(i) as of the end of any Fiscal Quarter, the Borrower, on a consolidated basis with its Subsidiaries, shall have for the related Rolling Period (as defined in Annex G), a Fixed Charge Coverage Ratio (as defined in Annex G) of less than 1.5 to 1.00 and (ii) Net Borrowing Availability shall be less than $15,000,000 at any time during the Fiscal Quarter following the Fiscal Quarter referred to in clause (a)(i) above or (b) the occurrence of an Event of Default under Section 8.1(a) or Section 8.1(f)(ii) with respect to the Borrower.

Related to Stop Event

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

  • Default Event means an event or circumstance which leads Operator to determine that a Venue User is or appears to be unable or likely to become unable to meet its obligations in respect of an Order or Transaction or to comply with any other obligation under an Agreement or Applicable Law.

  • Delay Event means any event set out at Clause 5.19.4 [Delay Events].

  • Notification Event means (a) the occurrence of a “reportable event” described in Section 4043 of ERISA for which the 30-day notice requirement has not been waived by applicable regulations issued by the PBGC, (b) the withdrawal of any Loan Party or ERISA Affiliate from a Pension Plan during a plan year in which it was a “substantial employer” as defined in Section 4001(a)(2) of ERISA, (c) the termination of a Pension Plan, the filing of a notice of intent to terminate a Pension Plan or the treatment of a Pension Plan amendment as a termination, under Section 4041 of ERISA, if the plan assets are not sufficient to pay all plan liabilities, (d) the institution of proceedings to terminate, or the appointment of a trustee with respect to, any Pension Plan by the PBGC or any Pension Plan or Multiemployer Plan administrator, (e) any other event or condition that would constitute grounds under Section 4042(a) of ERISA for the termination of, or the appointment of a trustee to administer, any Pension Plan, (f) the imposition of a Lien pursuant to the IRC or ERISA in connection with any Employee Benefit Plan or the existence of any facts or circumstances that could reasonably be expected to result in the imposition of a Lien, (g) the partial or complete withdrawal of any Loan Party or ERISA Affiliate from a Multiemployer Plan (other than any withdrawal that would not constitute an Event of Default under Section 8.12), (h) any event or condition that results in the reorganization or insolvency of a Multiemployer Plan under Sections of ERISA, (i) any event or condition that results in the termination of a Multiemployer Plan under Section 4041A of ERISA or the institution by the PBGC of proceedings to terminate or to appoint a trustee to administer a Multiemployer Plan under ERISA, (j) any Pension Plan being in “at risk status” within the meaning of IRC Section 430(i), (k) any Multiemployer Plan being in “endangered status” or “critical status” within the meaning of IRC Section 432(b) or the determination that any Multiemployer Plan is or is expected to be insolvent or in reorganization within the meaning of Title IV of ERISA, (l) with respect to any Pension Plan, any Loan Party or ERISA Affiliate incurring a substantial cessation of operations within the meaning of ERISA Section 4062(e), (m) an “accumulated funding deficiency” within the meaning of the IRC or ERISA (including Section 412 of the IRC or Section 302 of ERISA) or the failure of any Pension Plan or Multiemployer Plan to meet the minimum funding standards within the meaning of the IRC or ERISA (including Section 412 of the IRC or Section 302 of ERISA), in each case, whether or not waived, (n) the filing of an application for a waiver of the minimum funding standards within the meaning of the IRC or ERISA (including Section 412 of the IRC or Section 302 of ERISA) with respect to any Pension Plan or Multiemployer Plan, (o) the failure to make by its due date a required payment or contribution with respect to any Pension Plan or Multiemployer Plan, (p) any event that results in or could reasonably be expected to result in a liability by a Loan Party pursuant to Title I of ERISA or the excise tax provisions of the IRC relating to Employee Benefit Plans or any event that results in or could reasonably be expected to result in a liability to any Loan Party or ERISA Affiliate pursuant to Title IV of ERISA or Section 401(a)(29) of the IRC, or (q) any of the foregoing is reasonably likely to occur in the following 30 days.

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

  • Severe Disruption Event means any event specified as such in the Final Terms.

  • Book-Up Event means an event that triggers a positive adjustment to the Capital Accounts of the Partners pursuant to Section 5.5(d).

  • Dissolution Event has the meaning set forth in Section 6.1.

  • Public event means any event that can be attended by the

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

  • 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 Revolving Loan Commitment pursuant to Section 10.2, and/or (c) pursuant to either Section 10.1(e) and/or Section 10.1(f).

  • Acquisition Event means a merger or consolidation in which the Company is not the surviving entity, any transaction that results in the acquisition of all or substantially all of the Company’s outstanding Common Stock by a single person or entity or by a group of persons and/or entities acting in concert, or the sale or transfer of all or substantially all of the Company’s assets.

  • Realization Event means (i) the consummation of a Sale of the Company; or (ii) any transaction or series of related transactions in which the Investor sells at least 50% of the Shares directly or indirectly acquired by it (from the Company or otherwise) and at least 50% of the aggregate of all Investor Investments.

  • 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.

  • Exercise Termination Event (i) the Effective Time (as defined in the Merger Agreement) of the Merger; (ii) termination of the Merger Agreement in accordance with the provisions thereof if such termination occurs prior to the occurrence of an Initial Triggering Event, except a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional); or (iii) the passage of 12 months after termination of the Merger Agreement if such termination follows the occurrence of an Initial Triggering Event or is a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional) (provided that if an Initial Triggering Event continues or occurs beyond such termination and prior to the passage of such 12-month period, the Exercise Termination Event shall be 12 months from the expiration of the Last Triggering Event but in no event more than 18 months after such termination). The "Last Triggering Event" shall mean the last Initial Triggering Event to expire. The term "Holder" shall mean the holder or holders of the Option.

  • Company Termination Event means any of the following:

  • Barrier Event means that R (final) is lower than the Barrier.

  • Triggering Event means any Section 11(a)(ii) Event or any Section 13 Event.

  • Disruption Event means either or both of:

  • Delisting Event means any time during the term of this Investment Agreement, that the Company's Common Stock is not listed for and actively trading on the O.T.C. Bulletin Board, the Nasdaq Small Cap Market, the Nasdaq National Market, the American Stock Exchange, or the New York Stock Exchange or is suspended or delisted with respect to the trading of the shares of Common Stock on such market or exchange.

  • Book-Down Event means an event that triggers a negative adjustment to the Capital Accounts of the Partners pursuant to Section 5.5(d).

  • FX Disruption Event ' means the occurrence of any event on any day or any number of consecutive days as determined by the Calculation Agent in its sole and reasonable discretion that affects the Issuer’s currency hedging (if any) with respect to the Products.

  • 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.

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

  • Subsequent Triggering Event means either of the following events or transactions occurring after the date hereof:

  • Emergency Event means any situation arising from sudden and reasonably unforeseen natural disaster such as earthquake, flood, fire, or other acts of God, or other unforeseen events beyond the control of drayage truck owners and operators that threatens public health and safety or the reasonable flow of goods movement.