Examples of Subsequent Triggering Event in a sentence
The parties hereto agree that Issuer's obligations to repurchase the Option or Option Shares under this Section 7 shall not terminate upon the occurrence of an Exercise Termination Event unless no Subsequent Triggering Event shall have occurred prior to the occurrence of an Exercise Termination Event.
Such fee shall be payable in immediately available funds on or before the second business day following the occurrence of the Subsequent Triggering Event.
Issuer will notify Grantee promptly in writing of the occurrence of any Initial Triggering Event or Subsequent Triggering Event (together, a "Triggering Event"), it being understood that the giving of such notice by Issuer is not a condition to the right of the Holder to exercise the Option.
You will be eligible for a Retention Bonus under the Program only if you are a Participant upon the occurrence of a Triggering Event, Subsequent Triggering Event or if you are Involuntarily Terminated.
The Boards of Directors of Cohoes and Xxxxxx River have mutually agreed it is in the best interests of their respective corporations to amend the Option Agreements and the Options to place an economic cap on the value thereof in the event a Subsequent Triggering Event (as defined in the Option Agreements) occurs under either of the Option Agreements.