Event of Failure definition

Event of Failure shall have the meaning given to such term in Clause 5.3 of this Agreement;
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Event of Failure means the occurrence of any of the following events:
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Event of Failure means the occurrence of any event(s) which trigger the accrual of Liquidated Damages.
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Examples of Event of Failure in a sentence

  • The Event of Failure has occurred [before/after] the transfer of the Final Sold Shares to the Allottees in accordance with the Share Escrow Agreement.

  • To the extent your account(s) are custodied at Pershing, you agree to the following specific provisions: • In the Event of Failure to Pay or Deliver Securities.

  • To the extent your account(s) are carried by Pershing, you agree to the following specific provisions: • In the Event of Failure to Pay or Deliver Securities.

  • Contingency Plan in the Event of Failure of the Liner System The primary liner system is underlain by a secondary liner and leachate collection system.

  • In the event the Event of Failure has occurred after transfer of Final Sold Shares to the Allottees The Share Escrow Agent is requested to act in accordance with Clause 5.7 of the Share Escrow Agreement.


More Definitions of Event of Failure

Event of Failure means (i) the occurrence of a Delivery Failure, (ii) the occurrence of a Transfer Delivery Failure or (iii) the occurrence of a Section 6 Failure.
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Event of Failure means any of the events set out in Clause 3.2.1.1;
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Event of Failure shall have the meaning ascribed to such term in the Cash Escrow and Sponsor Bank Agreement;
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Event of Failure has the meaning set forth in Section 3.10.
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Event of Failure means any of the events set out in Clause 3.2.1.1 of this Agreement; “Fee Letter” has the meaning ascribed to such term in Recital (D) of this Agreement;
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Event of Failure means an “event of failure” within the meaning of Section 212(1)(b) (vii) of the Income Tax Act (Canada) which requires that an Offer to Prepay be made, failing which an Event of Default shall occur.
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Event of Failure means any of the events described in Section 9.4.
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