Business Event definition

Business Event means any activity, such as an industry conference, networking event, meeting or business meal, where the primary purpose is to engage in analytical, research or information-gathering activities (for AG Employees) or to conduct commercial activities (for BRM Employees).

Business Event means the occurrence or existence at any time (i) during the period beginning on the date hereof until the second anniversary of the date hereof, of the daily average number of lenders participating on the mortgage network exchange operated by Parent and its Affiliates, as measured for any calendar quarter, being less than 100, or (ii) during the period beginning on the Closing Date until the second anniversary of the date hereof, Parent’s and its Affiliates’ Measurement Period Revenue (as defined below) measured as of any of the end of the First Measurement Period, any Subsequent Measurement Period or the Final Stub Period (in each case, as defined below) being less than $20,000,000. For the avoidance of doubt, no failure of the conditions set forth in clauses (i) and (ii)) above shall be subject to cure.

Business Event means the occurrence or existence at any time (i) during the period beginning on the date hereof until the first anniversary of the Closing Date, of the daily average number of lenders participating on the mortgage network exchange operated by Parent and its Affiliates, as measured for any calendar quarter, being less than 100, or (ii) during the period beginning on the Closing Date until the first anniversary thereof, of Parent’s and its Affiliates’ Measurement Period Revenue (as defined below) measured as of any of the end of the First Measurement Period, any Subsequent Measurement Period or the Final Stub Period (in each case, as defined below) being less than $20,000,000. For the avoidance of doubt, the occurrence or existence of a Business Event shall not be subject to cure.”.

Examples of Business Event in a sentence

• When advertising an event for small businesses, post a 'special notice' notice type and ensure the "title" data field begins with "Small Business Event".

• Must be provided where the Business Event requires an Explanation.

• Upon receipt of the BusinessAcceptance/Rejection of ‘Accept’ with a Business Event of “Documentation Required”, the Initiator must provide the missing documentation to the Recipient as agreed.

• After providing the BusinessAcceptance/Rejection of ‘Accept’ with a Business Event of “Documentation Required”, if the Recipient has not received the required documentation within an agreed timeframe, the Recipient must send a ServiceOrderResponse with ServiceOrderStatus of ‘Not Completed’ and an ExceptionCode of ‘Documentation Not Provided’.

• Applicable Business Events are defined in Table 12.KeyInfoVARCHAR(10)MThe NMI of the B2B Transaction being rejected.ContextEVENTCONTEXTOThe data element in the received Business Document (e.g.HazardDescription) that causes the Business Event.ExplanationUNLIMITED VARCHARM/OAn explanation of the Business Event.

• Share Accounting Module (SAM) – The application that facilitates the process of validating or deriving United States Department of Treasury Account Symbol (TAS) and Business Event Type Code (BETC) combinations to assist CARS in classifying financial transactions as they occur.

• A Hosting or Business Event Documentation form shall be filled out for each event hosted.

• Invocations are counted each time an extension function is executed in response to an event (Business Event, HTTP, timer etc.).

• The information includes: - Agency Location Code (ALC), - Treasury Account Symbol (TAS), - Business Event Type Code (BETC), - Business Partner Network (BPN) number, usually the Data Universal - Numbering System (DUNS) number, - Line of Accounting (LOA), and - Contracting and accounting points of contact.

• If an agreement is with another Federal agency, appropriate accounting information for both agencies must be included, such as each agency’s Treasury Account Symbol (TAS), Business Partner Network (BPN) /Dun and Bradstreet Numbering System (DUNS) Number, Business Event Type Code (BETC), Agency Location Code (ALC) and Accounting Classification Code Structure (ACCS).

More Definitions of Business Event

Business Event means a business event to which Part 2 of the COVID-19 (Temporary Measures) (Business Events — Control Order) Regulations 2021 (G.N. No. S 278/2021) applies;

Business Event means the occurrence or existence at any time (i) during the period beginning on the date hereof until the second anniversary of the date hereof, of the daily average number of lenders participating on the mortgage network exchange operated by Parent and its Affiliates, as measured for any calendar quarter, being less than 100, or (ii) during the period beginning on the Closing Date until the second anniversary of the date hereof, Parent's and its Affiliates' Measurement Period Revenue (as defined below) measured as of any of the end of the First Measurement Period, any Subsequent Measurement Period or the Final Stub Period (in each case, as defined below) being less than $20,000,000. For the avoidance of doubt, no failure of the conditions set forth in clauses (i) and (ii) shall be subject to cure.

Business Event the closing of (A) the sale by the Company of all or substantially all of its assets, (B) the sale or exchange in a single transaction, or a series of related transactions, of shares of capital stock of the Company representing at least a majority of the issued and outstanding shares of capital stock of the Company (measured on the basis of voting power), or (C) the merger or consolidation of the Company with or into another entity in a transaction where the shares of the Company's capital stock outstanding immediately prior to the closing of such merger or consolidation represent or are converted into or exchanged for shares that represent less than a majority of the shares of capital stock of the resulting or surviving entity outstanding immediately after the closing of such merger or consolidation.