New event definition

New event means a quality event which did not occur within a period of twenty-four (24) months prior to the month during which a quality event is held.
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New event means a quality event which does not occur
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New event means a quality event which did not occur within
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Examples of New event in a sentence

  • Interest on the outstanding principal balance hereof shall accrue at a per annum rate of 6.00%; provided, however, that upon the occurrence and during the continuation of a New Event of Default, interest on the outstanding principal balance hereof shall accrue at a per annum rate of 9.00%.

  • Consummation of the Plan Would Create a New Event of Default Under the CCO Credit Facility Because a “Group,” Other Than the Paul Allen Group, Would Have the Power to Vote More Than 35% of the Ordinary Voting Power.

  • Interest on the Past Due Purchase Obligations shall accrue at a per annum rate of 6.00%; provided, however, that upon the occurrence and during the continuation of a New Event of Default, interest on the Past Due Purchase Obligations shall accrue at a per annum rate of 9.00%.

  • If the Company notifies Parent of a New Event which constitutes or has, in the QB\136339.00047\18274478.12 reasonable discretion of the Parent, a material adverse effect on the Company and its Subsidiaries taken as a whole (a “Material Event”), Parent shall have the right to terminate this Agreement by written notice under Section 15.1(c).

  • For avoidance of doubt, unless Parent consents to or waives a New Event, no disclosure of a New Event shall be deemed to modify the representations and warranties of the Company and its Subsidiaries or cure any breach of any representation, warranty, covenant or obligation.

  • For avoidance of doubt, unless Buyer consents to, waives or is deemed to have waived a New Event, by closing the transaction contemplated hereby, no disclosure of a New Event shall be deemed to modify the representations and warranties of Seller or cure any breach of any representation, warranty, covenant or obligation.

  • In the event of a New Event of Default, the Banks reserve the right at any time for the Required Banks to direct the Agent to terminate the Commitments and/or declare the Term Notes and all other amounts payable under the Credit Agreement and the other Loan Documents to be immediately due and payable pursuant to Section 6.01 of the Credit Agreement as a result of such New Event of Default.

  • In the event of a New Event of Default, the Banks reserve the right at any time for the Required Banks to direct the Agent to terminate the Commitments and/or declare the Notes and all other amounts payable under the Credit Agreement and the other Loan Documents to be immediately due and payable pursuant to Section 6.01 of the Credit Agreement as a result of such New Event of Default.

  • If Seller notifies Buyer of a New Event which constitutes or has a Material Adverse Effect (a “Material Event”), Buyer shall have the right to terminate this Agreement by written notice under Section 7.5(b).

  • No such notice shall amend, supplement or modify the Schedules unless such notice concerns an event that occurs following the date hereof and did not exist as of the date hereof (a “New Event”), in which case, such New Event may be disclosed on the Schedules (such updated Schedules to be referred to herein collectively as the “Updated Schedules”).


More Definitions of New event

New event means another corruption event that happens after the causes of the previous one
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New event means a quality event which did not occur within a period of twenty-four (24)
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New event means any event which occurs between the date hereof and the Completion Date and which does not occur as a result of events already existing at the date hereof.
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New event is defined in Section 7.3.
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New event shall have the meaning specified in Section 7.5 of this Agreement.
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Related to New event

  • Notice Event means any of the events enumerated in paragraph (b)(5)(i)(C) of the Rule and listed in Section 4(a) of this Disclosure Agreement.

  • Acquisition Event means a merger or consolidation in which the Company is not the surviving entity, any transaction that results in the acquisition of all or substantially all of the Company’s outstanding Common Stock by a single person or entity or by a group of persons and/or entities acting in concert, or the sale or transfer of all or substantially all of the Company’s assets.

  • Put Event means the occurrence of any of the following:

  • Delay Event means any event set out at Clause 5.19.4 [Delay Events].

  • 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.

  • ii) Event means any event described in Section 11(a)(ii) hereof.

  • Triggering Event means any Section 11(a)(ii) Event or any Section 13 Event.

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

  • Control Transaction means any of the following transactions or any combination thereof:

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

  • Default Event means an event or circumstance which leads Operator to determine that a Venue User is or appears to be unable or likely to become unable to meet its obligations in respect of an Order or Transaction or to comply with any other obligation under an Agreement or Applicable Law.

  • Public event means any event that can be attended by the

  • Rejection Event means, in respect of the Benchmark, the relevant competent authority or other relevant official body rejects or refuses or will reject or refuse any application for authorisation, registration, recognition, endorsement, equivalence, approval or inclusion in any official register which, in each case, is required in relation to the Securities, the Benchmark or the administrator or sponsor of the Benchmark under any applicable law or regulation for the Issuer or any other entity to perform its obligations in respect of the Securities.

  • 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).

  • Occurrence means an accident, including continuous or repeated exposure to substantially the same general harmful conditions.

  • Control Termination Event shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement.

  • Company Termination Event means any of the following:

  • Change in Control Transaction means the occurrence of any of the following events:

  • Terminating Event means any of the following events:

  • Change of Control Transaction means the occurrence after the date hereof of any of (a) an acquisition after the date hereof by an individual or legal entity or “group” (as described in Rule 13d-5(b)(1) promulgated under the Exchange Act) of effective control (whether through legal or beneficial ownership of capital stock of the Company, by contract or otherwise) of in excess of 33% of the voting securities of the Company (other than by means of conversion or exercise of the Notes and the Securities issued together with the Notes), (b) the Company merges into or consolidates with any other Person, or any Person merges into or consolidates with the Company and, after giving effect to such transaction, the stockholders of the Company immediately prior to such transaction own less than 66% of the aggregate voting power of the Company or the successor entity of such transaction, (c) the Company sells or transfers all or substantially all of its assets to another Person and the stockholders of the Company immediately prior to such transaction own less than 66% of the aggregate voting power of the acquiring entity immediately after the transaction, (d) a replacement at one time or within a three year period of more than one-half of the members of the Board of Directors which is not approved by a majority of those individuals who are members of the Board of Directors on the Original Issue Date (or by those individuals who are serving as members of the Board of Directors on any date whose nomination to the Board of Directors was approved by a majority of the members of the Board of Directors who are members on the date hereof), or (e) the execution by the Company of an agreement to which the Company is a party or by which it is bound, providing for any of the events set forth in clauses (a) through (d) above.

  • Disposition Event means any merger, consolidation or other business combination of the Corporation, whether effectuated through one transaction or series of related transactions (including a tender offer followed by a merger in which holders of Class A Common Stock receive the same consideration per share paid in the tender offer), unless, following such transaction, all or substantially all of the holders of the voting power of all outstanding classes of Common Stock and series of Preferred Stock that are generally entitled to vote in the election of Directors prior to such transaction or series of transactions, continue to hold a majority of the voting power of the surviving entity (or its parent) resulting from such transaction or series of transactions in substantially the same proportions as immediately prior to such transaction or series of transactions.

  • Dissolution Event has the meaning set forth in Section 6.1.

  • Realization Event means (i) the consummation of a Sale of the Company; or (ii) any transaction or series of related transactions in which the Investor sells at least 50% of the Shares directly or indirectly acquired by it (from the Company or otherwise) and at least 50% of the aggregate of all Investor Investments.

  • Early Dissolution Event has the meaning specified in Section 9.2.