Triggering definition

Triggering means, with respect to an Issuer Event that is an Issuer Trading Suspension or Issuer Delisting, the occurrence or effectiveness thereof; provided that no Triggering of an Issuer Trading Suspension or Issuer Delisting, as applicable, that relates to Spin-Off Shares, shall be deemed to have occurred (A) to the extent that such Spin-Off Shares are not included in the Collateral or (B) if such Spin-Off Shares are included in the Collateral, to the extent that at the time of the Issuer Trading Suspension or Issuer Delisting, as applicable, with respect such Spin-Off Shares, (1) the LTV Ratio (calculated without giving any Collateral Value to such Spin-Off Shares) does not exceed the LTV Margin Call Level or (2) if the LTV Ratio exceeds the LTV Margin Call Level (calculated without giving any Collateral Value to such Spin-Off Shares), the Borrower complies with the provisions of Section 2.09(a) in a manner that causes the LTV Ratio to be equal to or less than the LTV Reset Level (it being understood and agreed that any Mandatory Prepayment Notice given in connection with the Triggering of an Issuer Event in substantially the form of Exhibit L hereto shall be deemed to satisfy the requirement to provide a Collateral Shortfall Notice to the Borrower); provided, however, that, on and after the Triggering of an Issuer Event with respect to any Issuer of Spin-Off Shares, such Spin-Off Shares shall cease to constitute Eligible Pledged Shares at all times thereafter.
Triggering means with respect to an Issuer Event:
Triggering means, with respect to an Issuer Event that is an Issuer Trading Suspension or Issuer Delisting, the occurrence or effectiveness thereof;provided that no Triggering of an Issuer Trading Suspension or Issuer Delisting, as applicable, that relates to Spin-Off Shares, shall be deemed to have occurred (x) to the extent that suchSpin-Off Shares are not included in the Collateral or (y) if such Spin-Off Shares are included in the Collateral, to the extent that at the time of the Issuer Trading Suspension or Issuer Delisting, as applicable, with respect such Spin-Off Shares, (1) the LTV Ratio (calculated without giving any Collateral Value to such Spin-Off Shares) does not exceed the LTV Margin Call Level or (2) if the LTV Ratio exceeds the LTV Margin Call Level (calculated without giving any Collateral Value to such Spin-Off Shares), the Borrower complies with the provisions of Section 2.09(a) in a manner that causes the LTV Ratio to be equal to or less than the Maintenance LTV (it being understood and agreed that any Mandatory Prepayment Notice given in connection with the Triggering of an Issuer Event in substantially the form of Exhibit L hereto shall be deemed to satisfy the requirement to provide a Collateral Shortfall Notice to the Borrower); provided, however, that, on and after the Triggering of an Issuer Event with respect to any Issuer of Spin-Off Shares, such Spin-Off Shares shall cease to constitute Eligible Pledged Shares at all times thereafter. 40

Examples of Triggering in a sentence

  • As used herein, a “Debt Repayment Triggering Event” means any event or condition which gives, or with the giving of notice or lapse of time would give, the holder of any note, debenture or other evidence of indebtedness (or any person acting on such holder’s behalf) the right to require the repurchase, redemption or repayment of all or a portion of such indebtedness by the Company or any of its subsidiaries.

  • In lieu of such opinions for subsequent periodic filings, in the discretion of the Agent, the Company may furnish a reliance letter from such counsel to the Agent, permitting the Agent to rely on a previously delivered opinion letter, modified as appropriate for any passage of time or Triggering Event Date (except that statements in such prior opinion shall be deemed to relate to the Registration Statement and the Prospectus as amended or supplemented as of such Triggering Event Date).

  • The Company reserves the right to require prior to the occurrence of a Triggering Event (as such term is defined in the Rights Agreement) that a number of Rights be exercised so that only whole shares of Preferred Stock will be issued.

  • As provided in the Rights Agreement, the Purchase Price and the number and kind of shares of Preferred Stock or other securities, which may be purchased upon the exercise of the Rights evidenced by this Rights Certificate are subject to modification and adjustment upon the happening of certain events, including Triggering Events.

  • Nothing herein shall limit a Holder’s right to pursue actual damages or declare a Triggering Event pursuant to Section 10 hereof for the Corporation’s failure to deliver Conversion Shares within the period specified herein and such Holder shall have the right to pursue all remedies available to it hereunder, at law or in equity including, without limitation, a decree of specific performance and/or injunctive relief.


More Definitions of Triggering

Triggering. Activating1 event" means an event stated in the [designation,] petition or decree [which] that empowers the standby guardian to assume the duties of the office[, which event may be the death, incapacity or debilitation, with the consent, of the custodial parent or legal custodian, whichever occurs first]. 1[Triggering] Activating1 events include, but are not limited to: 1[(1)]1 the appointment of a standby guardian by a court of competent jurisdiction; 1[(2)]1 the parent’s, custodian’s, or guardian’s attending physician concludes that the parent, custodian, or guardian is 1[“incapacitated” as defined in this section] incapacitated1; 1[(3)]1 the parent’s, custodian’s, or guardian’s attending physician concludes that the parent, custodian, or guardian is 1[“debilitated” as defined in this section] debilitated1; 1[(4)]1 the parent, custodian, or guardian is subject to 1[“immigration administrative action” as defined in this section] immigration administrative action; 1[(5)]1 the parent, custodian, or guardian is subject to 1[“criminal proceedings” as defined in this section] criminal proceedings1; 1[(6) the]1 the parent, custodian, or guardian is in 1[“military service” as defined in this section] military service1; or 1[(7)]1 the death of the parent, custodian, or guardian 1in circumstances in which no testamentary guardianship or other more permanent care arrangement has been made for the minor child or minor ward; provided, however, that in no case shall a power of attorney triggered by the death of a parent, guardian, or custodian extend beyond the year that the power of attorney is in effect1.
Triggering. Activating1 event" means an event stated in the
Triggering. Amount Option Should the value of aggregate payments and benefits to be made to the Executive which are deemed to be parachute payments as defined in Section 280G of the Internal Revenue Code of 1986, (the “Code”) as amended or any successor thereof, be deemed to include an “excess parachute payment” under Section 280G of the Code, the Executive will receive whichever of the following two (2) described alternatives that provides the Executive with the greater total payment and benefit after the payment of any applicable excise tax, as defined by Section 499S of the Code.
Triggering. Activating2 event" means an event stated in the
Triggering means, with respect to an Issuer Event that is an Issuer Trading Suspension or Issuer Delisting, the occurrence or effectiveness thereof; provided that no Triggering of an Issuer Trading Suspension or Issuer Delisting, as applicable, that relates to Spin- Off Shares, shall be deemed to have occurred (A) to the extent that such Spin-Off Shares are not included in the
Triggering process is to determine whether a message should be sent, a process started, or multiple instances of either according to the criteria of the user. The Software also serves as a point of collection for disparate data, which can be re-examined such that a final determination can be made if there is value in the whole (versus one single aspect of the data). If this is so, then a message may be sent (either a process message or a text message). The Software also supports the modification of the data when it arrives to the Software such that values can be changed to add "new" meaning to the raw data and therefore not violate legacy systems, or circumvent the need to change and/or store the modified data in the legacy system. The Software is currently being modified for ZIM Technologies International Inc.
Triggering means that something causes a sudden fear reaction. ‘Maintaining’ means that a fear which has been created in the past is kept alive and preserved. In using the two terms ‘triggering’ and ‘maintaining’, I emphasise that the From Madiun text does not really produce new fears; it simply triggers and maintains a sense of fear in the reader (myself). I have suggested above that the perpetuation of fear can be seen as the idea of fear as an intrinsic part of being. The maintenance of fear is thus essential to being human, as well as in my case, being Catholic, being Indonesian, and being Lamaholot, all at the same time.