Transition Event Increase Date definition

Transition Event Increase Date means the date on which a Transition Event Increase is made with respect to a Trust Mortgage Loan or a REO Property.
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Examples of Transition Event Increase Date in a sentence

  • In addition to the foregoing, at least seven (7) Business Days prior to the related Purchase Date, Purchase Price Increase Date or Transition Event Increase Date, Seller shall have delivered to Buyer summary results of the due diligence Seller performed in connection with the acquisition of Trust Mortgage Loans and REO Properties and Buyer shall have excluded such assets as it deemed appropriate in its good faith discretion.

  • The Purchase Price payable on the related Purchase Date, Purchase Price Increase Date or Transition Event Increase Date shall be no less than $5,000,000 unless such date is not a Purchase Date or a Purchase Price Increase Date (i.e. such date is only a Transition Event Increase Date), in which case the Purchase Price payable on such date shall be no less than $325,000.

  • Application and BenefitsThe most effective action in management of invasive species is to prevent them from being introduced and established.

  • The undersigned Seller expressly acknowledges and agrees that the election by the Buyer to fund the Transition Event Increase on any day prior to the related Transition Event Increase Date shall not constitute or be deemed to be an amendment, waiver or other modification of the notice requirements set forth in the Agreement.

  • Seller acknowledges and agrees that Buyer has no obligation to fund, but may in its sole and exclusive discretion elect to fund, the Transition Event Increase requested herein on any Business Day prior the Transition Event Increase Date contemplated in this request.

Related to Transition Event Increase Date

  • Commitment Increase Date has the meaning assigned to such term in Section 2.08(e).

  • Increase Date has the meaning specified in Section 2.18(a).

  • 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.

  • Reduction Event means, in relation to Notes that are Subordinated Notes, that a resolution has been passed at a general meeting of the Issuer’s shareholders in accordance with Danish law to reduce, inter alia and in the order described in Condition 10.3 (Effect), the Outstanding Principal Amounts and any accrued but unpaid interest and following the occurrence of all of the following circumstances:

  • Commitment Increase Notice has the meaning assigned to such term in Section 2.19.

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Commitment Increase has the meaning specified in Section 2.18(a).

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

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

  • Replacement Revolving Facility Effective Date shall have the meaning assigned to such term in Section 2.21(l).

  • Conditional Incremental Auction means an Incremental Auction conducted for a Delivery Year if and when necessary to secure commitments of additional capacity to address reliability criteria violations arising from the delay in a Backbone Transmission upgrade that was modeled in the Base Residual Auction for such Delivery Year.

  • Term SOFR Replacement Date has the meaning specified in Section 3.03(b).

  • Commitment Increase Supplement as defined in subsection 2.20(c).

  • Leverage Increase Period has the meaning specified in Section 7.11(a).

  • Increased Facility Closing Date any Business Day designated as such in an Increased Facility Activation Notice.

  • Credit Event Resolution Request Date means, with respect to a notice to ISDA requesting that a Credit Derivatives Determinations Committee be convened to resolve:

  • Fixed Incremental Amount means (i) the greater of $920,000,000 and 100% of Consolidated EBITDA as of the last day of the most recently ended Test Period minus (ii) the aggregate outstanding principal amount of all Incremental Facilities, Incremental Equivalent Debt and/or Indebtedness incurred pursuant to Section 7.03(r)(ii)(A), in each case incurred or issued in reliance on this definition.

  • Load Reduction Event means a reduction in demand by a Member or Special Member for the purpose of participating in the PJM Interchange Energy Market.

  • Facility Increase has the meaning provided in Section 2.15(a).

  • Merit Increase means an increase in the rate of pay of an employee within the employee’s pay range which may be granted in recognition of satisfactory service on the employee’s anniversary date.

  • Scan increment means the amount of relative displacement of the patient with respect to the CT x-ray system between successive scans measured along the direction of such displacement.

  • Additional Closing Date shall have the meaning set forth in Section 2.3.2.

  • Commitment Termination Event means the earlier of (a) automatically and without notice or further action, the occurrence of any Event of Default described in Section 7.01(i) (Bankruptcy, Insolvency, etc.) with respect to the Borrower and (b) the occurrence and continuation of any other Event of Default under this Agreement pursuant to which either a Commitment Termination Event has been expressly declared or a declaration of the Loan to be due and payable has been given, in each case pursuant to Section 7.03 (Action if other Event of Default).

  • Second Incremental Auction means an Incremental Auction conducted ten months before the Delivery Year to which it relates.

  • Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $50,000,000, minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of this Agreement.

  • 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.