Acceleration Trigger definition

Acceleration Trigger means the occurrence of an Event of Default and the Notes becoming due and payable prior to the Scheduled Maturity Date as a result thereof.
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Acceleration Trigger means a situation whereby the daily volume weighted average closing price of the Common Shares on the CSE (or such other exchange on which the Common Shares may trade) is at a price equal to or greater than the Acceleration Threshold Price for a period of 20 consecutive trading days following the date of issuance of the Warrants;
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Acceleration Trigger has the meaning assigned to such term in Section 1.01 of the Indenture.
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Examples of Acceleration Trigger in a sentence

  • The Company confirmed that as of the close of markets on May 25, 2020, the Acceleration Trigger had occurred.

  • The Company will also adjust the Indicative Value Optional Acceleration Trigger accordingly.

  • The expiration of all warrants will be accelerated to 30 days if the share price reaches or exceeds $0.08 for ten consecutive trading days (“Acceleration Trigger”), with such 30-day period starting seven-days after the Acceleration Trigger.

  • Any definitive agreement relating to an Acceleration Trigger Event involving the payment of Deal Consideration to which the General Partner or the Partnership is a party shall provide for the delivery of Deal Consideration in satisfaction of the Partnership’s obligations under this Section 8.01(g).

  • If the closing price of the Horn Shares on the Exchange is greater than $2.00 for a period of 30 consecutive trading days, then on the date that is the 30th consecutive trading date (the “Acceleration Trigger Date”) the expiry of the Warrant shall be accelerated to that date that is 20 business days after the Acceleration Trigger Date.

  • The Company shall give written notice to the warrant holders specifying the earlier time of expiry of the Warrants within three (3) Business Days of the Acceleration Trigger Date.

  • Each Option will expire at 5.00pm (Melbourne time) on the earlier of: ▪ 20 December 2024; and ▪ 20 business days after the Acceleration Trigger Date, (Expiry Date).An Option not exercised before 5.00pm (Melbourne time) on the Expiry Date will automatically lapse at that time.

  • The Warrants contain an acceleration provision providing that if, after November 25, 2015, the closing price of the Units on the TSX Venture Exchange is higher than $1.50 for 20 consecutive trading days, then on the 20th consecutive trading day (the “AccelerationTrigger Date”) the expiry date of the Warrants will be accelerated to the 10th business day after the Acceleration Trigger Date.

  • Your election to return the Mobile Device under the 30-Day Cancellation Option (which shall be addressed in accordance with clause 3.4); or(b) an event has been agreed formally in writing between You and Us to be an Excluded Event or an exception to the Acceleration Trigger Events (for example, as a resultof a successful claim for financial hardship).

  • The NFT Warrant terms will contain the same Acceleration Trigger provision as described above.On November 1, 2016, the Company closed a private placement for 4,772,357 flow-through units at $0.35 per unit for gross proceeds of $1,670,325.


More Definitions of Acceleration Trigger

Acceleration Trigger means the occurrence of an Event of Default and the acceleration of the Senior Notes in accordance with Section 9.01.
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Acceleration Trigger means a situation whereby the daily volume weighted average trading closing price of the Subordinate Voting Shares on the NEO (or such other exchange on which the Subordinate Voting Shares may trade) is at a price greater than the Acceleration Threshold Price for the preceding 10 consecutive trading days following the date of issuance of the Warrants;
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Acceleration Trigger means the occurrence of an Event of Default under the Indenture and the acceleration of the Notes as a result thereof.
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Acceleration Trigger has the meaning given to that term in the second paragraph of this Agreement;
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Acceleration Trigger means a situation whereby, at any time after three (3) years following the Closing Date, the closing price of the Common Shares on the TSXV (or such other exchange on which the Common Shares may principally trade at such time) is at a price greater than the Acceleration Threshold Price for a period of 20 consecutive Trading Days;
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Acceleration Trigger means (1) a termination of Executive by the Company without Cause (as defined in Section 7 of this Agreement) other than as a result of Executive’s death or Disability, or (2) a resignation by Executive for Good Reason (as defined in Section 7 of this Agreement);
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Related to Acceleration Trigger

  • Acceleration Event means the occurrence of an Event of Default (a) in respect of which Agent has declared all or any portion of the Obligations to be immediately due and payable pursuant to Section 10.2, (b) pursuant to Section 10.1(a), and in respect of which Agent has suspended or terminated the Term Loan Commitment pursuant to Section 10.2, and/or (c) pursuant to either Section 10.1(e) and/or Section 10.1(f).

  • Subsequent Triggering Event means either of the following events or transactions occurring after the date hereof:

  • Acceleration Date on any Security means the date on and after which the principal or any or all installments of interest, or both, are due and payable on any Security which has become accelerated pursuant to the terms of the Security.

  • Company Triggering Event shall be deemed to have occurred if: (a) the Company shall have made a Company Board Adverse Recommendation Change; (b) the Company Board or any committee thereof shall have publicly approved, endorsed or recommended any Acquisition Proposal; or (c) the Company shall have entered into any letter of intent or similar document relating to any Acquisition Proposal in violation of the terms of the Agreement.

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.

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

  • Swap Provider Trigger Event A Swap Termination Payment that is triggered upon: (i) an Event of Default under the Interest Rate Swap Agreement with respect to which the Swap Provider is a Defaulting Party (as defined in the Interest Rate Swap Agreement), (ii) a Termination Event under the Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party (as defined in the Interest Rate Swap Agreement) or (iii) an Additional Termination Event under the Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party.

  • Flip-In Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • 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.

  • Covenant Trigger Event shall occur at any time that Availability is less than the greater of (a) $12.5 million and (b) 10% of the Line Cap then in effect. Once commenced, a Covenant Trigger Event shall be deemed to be continuing until such time as Availability equals or exceeds the greater of (i) $12.5 million and (ii) 10% of the Line Cap then in effect for 30 consecutive days.

  • Swap Counterparty Trigger Event A Swap Counterparty Trigger Event shall have occurred if any of a Swap Default with respect to which the Swap Counterparty is a Defaulting Party, a Termination Event with respect to which the Swap Counterparty is the sole Affected Party or an Additional Termination Event with respect to which the Swap Counterparty is the sole Affected Party has occurred.

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).

  • Sequential Trigger Event With respect to any Distribution Date, a Sequential Trigger Event is in effect if (a) with respect to any Distribution Date occurring before July 2009, the circumstances in which the aggregate amount of Realized Losses incurred since the Cut-off Date through the last day of the related Prepayment Period divided by the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date exceeds 0.20% and (b) with respect to any Distribution Date occurring in or after July 2009, a Trigger Event is in effect.

  • Voting Rights Triggering Event means the failure of the Company to pay dividends on the Preferred Stock with respect to six or more quarterly periods (whether or not consecutive).

  • Obligation Acceleration means one or more Obligations in an aggregate amount of not less than the Default Requirement have become due and payable before they would otherwise have been due and payable as a result of, or on the basis of, the occurrence of a default, event of default or other similar condition or event (however described), other than a failure to make any required payment, in respect of a Reference Entity under one or more Obligations.

  • Final Trigger Level means 85.00%, being a percentage against which the performance of the Index will be measured in order to determine the Final Redemption Amount.

  • Acceleration Notice shall have the meaning specified in Section 6.2.

  • Triggering Events means each of the following events:

  • ii) Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Acceleration means, with respect to the amounts payable in respect of the Equipment Notes issued under any Indenture, such amounts becoming immediately due and payable by declaration or otherwise. “Accelerate”, “Accelerated” and “Accelerating” have meanings correlative to the foregoing.

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Mandatory Trigger Provision means, as to any Qualifying Capital Securities, provisions in the terms thereof or of the related transaction agreements that: