First Trigger definition

First Trigger means the members of the Emerson Group ceasing to beneficially own more than fifty percent (50%) of the outstanding Company Common Stock.

First Trigger means the members of the Xxxxxxx Group ceasing to beneficially own more than fifty percent (50%) of the outstanding Company Common Stock.

First Trigger means, on any Valuation Date, where DBAG has Xxxxx’x rating(s) which are at or below the levels set forth for the “First Trigger” in Appendix 1 to Table 1 attached hereto.

Examples of First Trigger in a sentence

• So long as the Second Rating Trigger Requirements apply, the relevant swap counterparty will at its own cost use commercially reasonable efforts to, as soon as reasonably practicable, procure either (A) a guarantee which meets the requirements of Moody’s swap criteria in respect of all of its present and future obligations under the relevant Swap Agreement by a guarantor with the First Trigger Required Ratings and/or the Second Trigger Required Ratings or (B) a transfer to an Eligible Replacement.

• Celgene could also terminate the Celgene License Agreement upon written notice to the Company at any time following the occurrence of the First Trigger Event and prior to the occurrence of the Second Trigger Event (an “Early Exercise”).

• The Transaction Administrator will notify the Japanese Trustee of the occurrence, continuance or Cure of a First Trigger or a Second Trigger.

• Individuals who meet the requirements for licensure reciprocity will be State licensed consistent with the expiration date of their current license but not to exceed a period of 4 yrs.

• No payments related to milestones or royalties under this agreement were paid during the three and nine months ended September 30, 2021 or 2020.On May 1, 2019, Celgene terminated its rights to elect an option to terminate the Celgene License Agreement upon the occurrence of a First Trigger Event, Second Trigger Event or Early Exercise.

More Definitions of First Trigger

First Trigger has the meaning given in Section 17.1.1.

First Trigger means the members of the Ivory Group ceasing collectively to beneficially own more than 50% of the outstanding Company Common Stock.

First Trigger means the date on which the Company receives*****

First Trigger has the meaning set out in Exhibit D – Section 2

First Trigger means, on any Valuation Date, where Barclays has Mxxxx’x rating(s) which are at or below the levels set forth for the “First Trigger” in Appendix 1 to Table 1 attached hereto.

First Trigger means, on any Valuation Date, where CSi has Xxxxx’x rating(s) which are at or below the levels set forth for the “First Trigger” in Appendix 1 to Table 1 attached hereto.

First Trigger means, on any Valuation Date, where BNP Paribas has Xxxxx’x rating(s) which are at or below the levels set forth for the “First Trigger” in Appendix 1 to Table 1 attached hereto.