Termination Trigger definition

Termination Trigger shall have the meaning set forth in Section 11.1(a) hereof.
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Termination Trigger means the standard of performance described as such in respect of a Critical Service Level in Appendix 3-A of Schedule 3 (Service Levels and Service Credits).
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Termination Trigger has the meaning set forth in Section 3.01.
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Examples of Termination Trigger in a sentence

  • If no such replacement can be found or is willing to assume the duties of the Depository, then a Termination Trigger will occur pursuant to Section 11.1 of this Trust Agreement.

  • Rule 3.3.3(e) does not prevent an Application being submitted to prequalify a Generating CMU or an Interconnector CMU in respect of either of the Delivery Years commencing on 1 October 2020 or 1 October 2021 if the CMU had a Conditional Capacity Agreement which was terminated in accordance with Rule 6.10.2(e) prior to the T-1 Termination Trigger Event occurring.

  • Rule 3.3.3(f) does not prevent an Application being submitted to Prequalify a New Build CMU (or the Existing CMU that it becomes) in respect of either of the Delivery Years commencing on 1 October 2020 or 1 October 2021 if the CMU had a Conditional Capacity Agreement which was terminated in accordance with Rule 6.10.2(e) prior to the T-1 Termination Trigger Event occurring.

  • Notwithstanding the foregoing, if the Current FMV of the Property as of the date the Termination Trigger occurs is less than the Lease Commencement FMV, then Tenant will not have a right or option to terminate this Lease pursuant to this Section 2(b) and this Lease will continue in full force and effect, and in accordance with the terms hereof.

  • The Buyer Contract Manager shall not have the authority to amend or waive any terms of this Agreement or to execute any Change Order; provided, however, that the Buyer Contract Manager shall have the authority to authorize a Change Notice as provided in Section 8.2 or a Change Order that modifies the scope of the Work but does not result in a modification to the Guaranteed Substantial Completion Date, the Substantial Completion Termination Trigger Date, or the Purchase Price.

  • In the event of a Subservicer Termination Trigger (as defined in the related Trust Agreement), the Servicer shall terminate the related Subservicer at the direction of the NIMS Insurer.

  • The determination of an Automatic Termination Trigger Event is subject to the FX Convertibility Event Provisions and FX Transferability Event Provisions.

  • If the Company elects to terminate the Conversion Right upon a Conversion Termination Trigger Event, the Company will be required to deliver an irrevocable notice to holders of Convertible Notes within five Trading Days of the date of the Conversion Termination Trigger Event (the “Conversion Termination Notice,” and the date of such Conversion Termination Notice, the “Conversion Termination Notice Date”).

  • If the Option becomes exercisable upon a Termination Trigger Event, then, at the option of Purchaser and in lieu of any exercise of the Option, Purchaser may require the Stockholder to sell the Subject Shares pursuant to any Takeover Proposal then pending and to remit to Purchaser with respect to each Subject Share sold the gross proceeds from such sale less the Per Share Purchase Price.

  • The Buyer Contract Manager shall not have the authority to amend or waive any terms of this Agreement or to execute any Change Order; provided, however, that the Buyer Contract Manager shall have the authority to authorize a Change Notice as provided in Section 8.2 or a Change Order that modifies the scope of the Work but does not result in a modification to the Guaranteed Substantial Completion Date, the Substantial Completion Termination Trigger Date, the Closing Expiration Date, or the Purchase Price.


More Definitions of Termination Trigger

Termination Trigger means the Investor and its Permitted Transferees have sold or otherwise disposed of a sufficient number of Percentage Interests such that due to such disposals the Percentage Interests directly or indirectly held by the Investor (or a Permitted Transferee) is less than ***% of the Investor’s Percentage Interest as of immediately after the Closing (assuming for these purposes that all Installment Payments under Section 1.3 had then been made and the Investor’s Percentage Interest was appropriately increased).
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Termination Trigger means receipt by the Republic (with a copy to the Trustee) on or after January 31, 2021 and prior to March 24, 2021 of written notice from Holders of a Majority in aggregate principal amount of the Notes then Outstanding stating that the Republic has failed to negotiate in good faith the terms of the debt restructuring.”
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Termination Trigger means the occurrence of any of the following during the period from the date of a ROFO Electing Notice through the applicable Closing Date: a material casualty or condemnation to the Property, the Bankruptcy of the Company or any Subsidiary, a material payment default by a tenant under a Major Lease that remains uncured as of such Closing Date, or the Bankruptcy of a tenant under a Major Lease.
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Termination Trigger has the meaning set forth on Section 15.1.1 of the Lease.
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Related to Termination Trigger

  • Company Triggering Event means: (i) the failure of the Board of Directors of the Company to recommend that the Company's stockholders vote to adopt this Agreement, or the withdrawal or modification of the Company Board Recommendation in a manner adverse to Parent, or the Board of Directors shall have taken any other action that is or becomes disclosed publicly or to a third party, which indicates that the Board of Directors of the Company does not support the Merger or does not believe that the Merger is in the best interests of the Company's stockholders; (ii) the Company shall have failed to include in the Proxy Statement the Company Board Recommendation or a statement to the effect that the Board of Directors of the Company has determined and believes that the Merger is in the best interests of the Company's stockholders; (iii) an Acquisition Proposal is publicly announced and the Board of Directors of the Company fails to reaffirm without qualification the Company Board Recommendation, or fails to publicly state without qualification, that the Merger is in the best interests of the Company's stockholders, within five business days after Parent requests in writing that such action be taken; (iv) the Board of Directors of the Company shall have approved, endorsed or recommended any Acquisition Proposal; (v) the Company shall have failed to comply with Section 5.04 in any material respect; (vi) a tender or exchange offer relating to securities of the Company shall have been commenced and the Company shall not have sent to its securityholders, within ten business days after the commencement of such tender or exchange offer, a statement disclosing that the Board of Directors recommends rejection of such tender or exchange offer; (vii) an Acquisition Proposal is publicly announced, and the Company fails to issue a press release announcing its opposition to such Acquisition Proposal within ten business days after such Acquisition Proposal is announced; or (viii) either the Company or any of its subsidiaries or any their Representatives shall have breached any of the provisions set forth in Section 5.04 (in any material respect) or Section 6.15.

  • Change of Control Triggering Event means the occurrence of both a Change of Control and a Rating Event.

  • Potential Termination Event means an event which but for the lapse of time or the giving of notice, or both, would constitute a Termination Event.

  • Servicer Termination Notice Defined in Section 6.15.