Distribution Event definition

Distribution Event means any insolvency, bankruptcy, receivership, liquidation, reorganization or similar proceeding (whether voluntary or involuntary) relating to the Company or its property, or any proceeding for voluntary or involuntary liquidation, dissolution or other winding up of the Company, whether or not involving insolvency or bankruptcy.
Distribution Event means, as to each Participant, the earliest of the following events:
Distribution Event means any insolvency, bankruptcy, receivership, liquidation, reorganization or similar proceeding (whether voluntary or involuntary) relating to the Company or its property, or any proceeding for voluntary liquidation, dissolution or other winding up of the Company, whether or not involving insolvency or bankruptcy.

Examples of Distribution Event in a sentence

  • MMKN held a Certificate Distribution Event to honor LAU students on May 17, 2016 as a token of appreciation for their efforts and reinforcement sessions presented by them at Public Schools.

  • Participant refers to any person (natural or juridical), who intends to participate in the Token Distribution Event and acquire and hold Tokens and become a Participant under this Token Distribution Event Agreement.

  • Any person (natural or juridical), who intends to participate in and contribute towards, this public reward-based Token Distribution Event and become a Participant (hereinafter referred to as the “Participant”) (Hereinafter singly referred to as the ‘Party’ and collectively referred to as the ‘Parties’).

  • The Hunter Diamonds shall be delivered in the Company’s discretion to the digital wallet address or to a brokerage account, in each case, specified by Purchaser to Company at the time of the Token Distribution Event.

  • Without prejudice to the foregoing, the Lender hereby represents and warrants to the Company that it has carefully reviewed and understands and accepts the various risks of entering into this agreement, as further detailed in Exhibit A, including the Lender’s possible participation in the Token Distribution Event and the risks associated with subscribing for Blockchain Tokens.


More Definitions of Distribution Event

Distribution Event means an event as a result of which a Participant is entitled to receive the balance of his or her Deferred Compensation Account pursuant to Section 12.3 of this Plan, namely (i) with respect to a Participant who is an employee of the Company or a Subsidiary and the portion of his or her Deferred Compensation Account attributable to an Award or other compensation earned as an employee, the date the Participant terminates his or her employment with the Company or a Subsidiary, and (ii) with respect a Participant who is a Director and the portion of his or her Deferred Compensation Account attributable to an Award or other compensation earned as a Director, the earlier of (A) the date the Participant terminates his or her service as a Director, or (B) the Participant’s attainment of the age specified (not younger than age 55) in an election form filed by the Participant with the Committee at such time as he or she first becomes eligible to defer compensation pursuant to Article 12 of this Plan.
Distribution Event means an event upon which the Executive may become entitled to receive his Benefit as described in Article IV.
Distribution Event means the distribution of Junior Subordinated Debt Securities or Exchange Junior Subordinated Debt Securities, as the case may be, to the holders of Capital Securities or Exchange Capital Securities, as the case may be, as provided in the Declaration.
Distribution Event means, with respect to each Participant, the applicable date or event specified by the Participant on his or her Enrollment Form pursuant to Section 7.1 (a), or the death or Disability of the Participant.
Distribution Event means: (a) a Participant’s severance from employment with the Company and all Affiliated Companies, death or disability, in each case as defined by Code Section 401(k)(2)(B)(i).
Distribution Event means: (a) in the case of a withdrawal for an Unforeseeable Emergency, the date the Committee approves the payout, (b) in the case of a Retirement Benefit, the date of Retirement, (c) in the case of death, the date of death, (d) in the case of a Pre-Retirement Survivor Benefit, the date of death, (e) in the case of a Pre-Retirement Distribution, the first day of the Plan Year chosen by the Participant on the Election Form for such distribution, (f) in the case of a Termination Benefit, the date of Termination of Employment (or the Payroll Termination Date, if applicable), and (g) in the case of a Disability distribution, the date the Committee approves the payout.
Distribution Event means any of the events listed in Section 1(e), "Change -of Control," with the following modification: the words "Approval by the shareholders of the Corporation of," in the first line of Sections 1(e)(iii) and 1(e)(iv) are replaced for purposes of this Section 1(j) with the words, "Consummation of, i.e., actual change in ownership of Outstanding Corporation Common Stock, Outstanding Corporation Voting Securities, and/or assets of the Corporation or its principal subsidiary by reason of,".