Separation Event definition

Separation Event means:

Separation Event has the meaning set forth in the definition of the term "Stapled Securities" below.

Separation Event shall have the meaning specified in Section 14.11.

Examples of Separation Event in a sentence

• On or after the occurrence of a Cheniere Separation Event, an annual meeting of Shareholders for the transaction of such business as may properly come before the meeting shall be held on such day and at such time and place as the Board of Directors shall specify.

• Prior to the occurrence of a Cheniere Separation Event, meetings of the Shareholders for the transaction of such business as may properly come before such meeting shall be held on such day and at such time and place as the Board of Directors shall specify.

• Upon the election of CEI at any time or upon the occurrence of a Cheniere Separation Event, the sole Voting Share shall be redeemed by the Company in its entirety for one dollar ($1), effective concurrently with such election.

• Notwithstanding anything in this Agreement to the contrary, CEI shall not, other than in connection with a Termination Transaction or with the affirmative vote of Shareholders holding at least a majority of the Outstanding Common Shares, cause a Cheniere Separation Event to occur unless, at the time such Cheniere Separation Event would become effective, the Company has at least three Independent Directors serving on the Board of Directors.

• Pursuant to the Termination and Separation Agreement, in the event of a Termination and Separation Event (as defined in the Termination and Separation Agreement), this Agreement, and Executive’s services arrangement hereunder, shall terminate effective as of the date hereof.

More Definitions of Separation Event

Separation Event means the first date that the combined ownership of Codexis’ outstanding shares by MUS and its Affiliates falls below fifty percent (50%) of the voting power entitled to vote in the election of Codexis’ directors.

Separation Event means and shall be deemed to have occurred in the event that:

Separation Event means the earlier of (i) four (4) years after the Amendment Date, and (ii) the date upon which a Change of Control of Codexis occurs.

Separation Event has the meaning accorded such term in Section 3.01.

Separation Event means any of the following events: (i) Executive’s voluntary termination of employment for Constructive Discharge; provided (x) the event or events constituting a Constructive Discharge occur during the Employment Term and other than during the 24-month period beginning on the date of a Change in Control and (y) such termination occurs within 90 days after the occurrence of an event constituting a Constructive Discharge; or (ii) a Qualifying Event occurring other than during the 24-month period beginning on the date of a Change in Control.

Separation Event means the termination by the Company of ---------------- Employee's employment without Cause or termination by Employee for Good Reason, in either case within two and one-half years after the earliest date of a Change in Control of the Company (the "Termination ----------- Period"). The death or disability of Employee shall not be a ------ Separation Event. Other terms used in this Agreement are defined in other provisions of this Agreement and shall have the respective meanings given such terms in those provisions.

Separation Event means: (i) the Company’s termination of Executive’s employment by the Company without Cause, during the Term; or (ii) the termination of Executive’s employment by the Executive for Good Reason.