Support Event definition
Examples of Support Event in a sentence
Solid, climate controlled, weatherproof structures capable of supporting separate work area for CART Media Relations, Event Media Relations, Support Event Media Relations, deadline media, non-deadline media, and a dedicated separate media interview room.
The Parties agree that in those circumstances neither SunPower nor DOE will be obligated to prove damages hereunder and that the full amount of damages shall be equal to the amount of Liquidity Injection required to be provided by Total to SunPower in connection with the applicable Liquidity Support Event.
The Sponsor shall make all Sponsor Contributions promptly upon the occurrence of the applicable Support Event, but in no event later than (a) in the case of a Class One Support Event, the time at which the Borrowing giving rise to such Class One Support Event is made and (b) in the case of a Class Two Support Event, 1:00 p.m., Dallas time, on the second Business Day of the Borrower immediately following such Class Two Support Event.
In addition to the remedy of specific performance, if Total breaches this Agreement and fails to cure a Liquidity Support Event on terms and conditions set forth in this Agreement, DOE will have a claim against Total for contractual breach of this Agreement; provided, that for the avoidance of doubt, any damages would be payable to SunPower.
The Notice shall state the reason for the Liquidity Support Event and include appropriate documentation.
Delivery of a Notice to PRS indicating an inability of Capitol Lakes to make when due a debt service payment on the Applicable Indebtedness shall constitute a Liquidity Support Event.
Upon the occurrence of a Liquidity Support Event, SunPower shall have the right to, and shall be required to, obtain the required Liquidity Injection without any further consent of Total or any Acceptable Affiliate.
The Sponsor agrees that it will, subject to the terms and conditions hereof, make cash contributions to the Borrower in the amounts set forth in the following sentence (each, a "Sponsor Contribution") upon the occurrence of any Support Event; provided that under no circumstances will the Sponsor be obligated hereunder to provide aggregate Sponsor Contributions in an amount greater than $10.0 million at any time outstanding.
If Licensee believes that the Support Event is a High priority, Licensee shall make every reasonable effort to determine if the event is hardware or software-related prior to requesting support from Emphasys.
GM and each Reduction A Support Credit Enhancer agrees that amounts payable (i) by NFC to GM and the Reduction A Support Credit Enhancers and (ii) pursuant to the Collateral Agreement, in each case, on account of any A Support Liquidity Disbursements, A Support Termination Disbursements and A Support Event of Default Disbursements shall be allocated among GM and the Reduction A Support Credit Enhancers on a pro-rata basis based on each party's A Support Disbursements outstanding.