Disabling Event. The occurrence of any Disabling Event of which it has knowledge;
Disabling Event. The General Partner shall cease to be the general partner of the Partnership upon the occurrence of a Disabling Event, and thereafter, except as required by applicable law, the removed General Partner shall not have any of the powers, obligations or liabilities of a general partner of the Partnership under this Agreement or under applicable law. Subject to UST agreeing in writing to continue the business of the Partnership pursuant to Section 8.1(a)(ii), upon the occurrence of any Disabling Event the Partnership shall be dissolved and wound up in accordance with the provisions of Section 8.2. If the General Partner shall cease to be the general partner of the Partnership upon the occurrence of a Disabling Event and UST shall determine to continue the business of the Partnership pursuant to Section 8.1(a)(ii), notice of that determination shall be given to the General Partner by UST.
Disabling Event. The General Partner shall promptly notify UST and SIGTARP of the occurrence of any Disabling Event of which it has knowledge.
Disabling Event. The General Partner shall cease to be the general partner of the Partnership upon the occurrence of a Disabling Event, and thereafter, except as required by applicable law, neither the General Partner nor its successors in interest shall have any of the powers, obligations or liabilities (save as regard any obligation or liability arising prior to or as a consequence of such Disabling Event) of a general partner of the Partnership under this Agreement or under applicable law. Subject to Section 9.1(b), upon the occurrence of any Disabling Event the Partnership shall be dissolved and wound up in accordance with the provisions of Section 9.2. If the General Partner shall cease to be the general partner of the Partnership upon the occurrence of a Disabling Event and all of the Limited Partners shall determine to continue the business of the Partnership pursuant to Section 9.1(b), notice of that determination shall be given to the General Partner by a party authorized by such Limited Partners to give such notice on behalf of such Limited Partners.
Disabling Event. In the event of a Disabling Event with respect to the Executive, RFS or JNC may terminate the Executives employment under this Agreement. Disabling Event shall mean the Executive's death or the Executive's physical or mental disability, as certified by a physician satisfactory to JNC and the Executive or his legal representative, which renders such Executive incapable of performing his material duties and services as an employee of RFS and which continues for more than six consecutive months or more than twelve months in total during any twenty-four month period.
Disabling Event. If the Employee’s employment is terminated by Company by reason of a Disabling Event, the Employee shall be entitled to receive:
(1) all unpaid Base Salary up to the date of the Disabling Event, paid periodically in accordance with Company’s regular payroll practices;
(2) pro-rated Short-Term Bonus up to the date of the Disabling Event, based on the amount of the prior fiscal year’s Short-Term Bonus, and any unpaid Short-Term Bonus relating to the fiscal year prior to the fiscal year in which the Disabling Event occurs, paid as soon as practicable following the Disabling Event;
(3) (i) pro-rated Long-Term Bonus up to the date of the Disabling Event, based on the amount of the prior fiscal year’s Long-Term Bonus, and any undistributed Long-Term Bonus relating to the fiscal year prior to the fiscal year in which the Disabling Event occurs, distributed as soon as practicable following the Disabling Event, where the restricted stock shall vest immediately and the stock options shall become immediately exercisable and shall remain exercisable through the first anniversary of the Disabling Event and (ii) the lapse of any restrictions on prior year’s grants of restricted stock and acceleration of exercisability on prior year’s grants of stock options;
(4) Additional Services Cash Compensation, paid as soon as practicable following the Disabling Event, and Additional Services Stock Compensation shall become immediately exercisable and shall remain exercisable through the first anniversary of the Disability Event; and
(5) other benefits provided for in Section 3.4 hereof, which shall continue or be paid or provided to the Employee in accordance with the terms of such plans.
Disabling Event. In the event of a Disabling Event with respect to the Employee, the BPB CEO may terminate the Employee's employment hereunder. Disabling Event shall mean the Employee's death or the Employee's physical or mental disability, as certified by a physician satisfactory to the Employee or his legal representative and to the BPB CEO, which renders such Employee incapable of performing his material duties and services as an employee of Westfield and which continues for more than six consecutive months during any one-year period or more than twelve months during any two-year period.
Disabling Event. The General Partner will cease to be the general partner of the Partnership upon the occurrence of a Disabling Event, and thereafter, except as required by applicable law, neither the General Partner nor its successors in interest will have any of the powers, obligations or liabilities of a general partner of the Partnership under this Agreement or under applicable law. Subject to Section 9.1(b), upon the occurrence of any Disabling Event the Partnership will be dissolved and wound up in accordance with the provisions of Section 9.2. If the General Partner ceases to be the general partner of the Partnership upon the occurrence of a Disabling Event and a Majority in Interest of the Combined Limited Partners determine to continue the business of the Partnership pursuant to Section 9.1(b), notice of that determination will be given to the General Partner by a party authorized by such Combined Limited Partners to give such notice on behalf of such Combined Limited Partners.
Disabling Event. In the event of a Disabling Event with respect to the Employee, Company may terminate the Employee's employment hereunder.
Disabling Event as defined in Section 13.2(a). DOL – United States Department of Labor. Effective Date – as defined in the introduction to this Agreement. ERISA – the Employee Retirement Income Security Act of 1974, as the same may be hereafter amended from time to time and any successor statute or statutes thereto. ERISA Partner – any Limited Partner that is an “employee benefit plan” within the meaning of section 3(3) of ERISA and subject to Part 4 of Subtitle B of Title I of ERISA, a “plan” within the meaning of §4975(e)(1) of the Code, an entity whose underlying assets include “plan assets” by reason of a plan’s investment in such entity as determined under Section 3(42) of ERISA, or any other “benefit plan investor” within the meaning of §3(42) of ERISA or any successor provision or regulations issued thereunder. Event of Termination – as defined in Section 12.1.
