Examples of Triggering Disposition in a sentence
In the event the Borrower or any of its subsidiaries intends to Dispose of any Oil and Gas Properties, Midstream Assets or any Equity Interests in any such subsidiary or Liquidate any Swap Agreement, in each case that could reasonably be expected to be a Triggering Disposition, prior written notice thereof.
Such decrease in the Borrowing Base shall occur automatically upon the consummation of such Triggering Disposition on the date of such Triggering Disposition, upon the approval of the Required Revolving Credit Lenders of the amount of such reduction as set forth above.
If Buyer fails to consummate such Buyer Triggering Disposition within such thirty (30) day period, then the Buyer shall not consummate such Buyer Triggering Disposition without again complying with the right of first refusal contained herein.
Notice of any such change or any change of specified office shall promptly be given as soon as reasonably practicable to the Noteholders in accordance with Condition 10 and, so long as the Notes are listed on Euronext Paris and if the rules applicable to such stock exchange so require, to such stock exchange.
In the event that Roche sells shares of Common Stock in an underwritten public offering or pursuant to Rule 144 prior to April 30, 2004 (a "Triggering Disposition"), it shall use its best efforts to sell additional shares of Common Stock within three years of the Triggering Disposition such that it will beneficially own not more than 20% of the outstanding shares of Common Stock.