No Triggering Event. A Triggering Event has not occurred as of the date of this Agreement.
No Triggering Event. During the term of this Agreement, the Shareholder shall not cause a Triggering Event to occur other than the occurrence of a Triggering Event upon the termination of the Apple Affiliate Agreements after the Company Shareholder Approval has been obtained and upon the consummation of the Merger in accordance with the terms of the Merger Agreement.
No Triggering Event. None of the execution and delivery of this Agreement or the consummation of the Transaction shall, either alone or in combination with another event, (i) entitle any current or former employee or director of the Company to any compensation or benefit, (ii) accelerate the time of payment or vesting, or trigger any payment or funding, of any compensation or benefits or trigger any other obligation under any Employee Plan or (iii) result in any payment or benefit made by the Company or any ERISA Affiliate to be characterized as a parachute payment within the meaning of Section 280G of the Code, except, in the case of each of clauses (h)(i) or (h)(ii), as provided in this Agreement.
No Triggering Event. The execution of this Agreement and the consummation of the transactions contemplated hereby do not constitute a triggering event under any Employee Benefit Plan, policy, arrangement, statement, commitment or agreement, which (either alone or upon the occurrence of any additional or subsequent event) will or may result in any payment, "parachute payment" (as such term is defined in Section 280G of the Code), severance, bonus, retirement or job security or similar-type benefit, or increase any benefits or accelerate the payment or vesting of any benefits to any employee or former employee or director of the Company or its Affiliates.
No Triggering Event. Since the date of this Agreement, there shall not have occurred any event that, assuming the Reinsurance Agreements were in force, would result in or would reasonably be expected to result in a Triggering Event or Recapture Triggering Event (as each such term is defined in the Reinsurance Agreements) that is continuing as of the Closing Date (without regard to any applicable cure period provided for in the Reinsurance Agreements).
No Triggering Event. After giving effect to the Exchange, no Triggering Event (as defined in the Certificate of Designations) or event that with the passage of time or giving of notice would constitute an Event of Default shall have occurred and be continuing.
No Triggering Event. No Triggering Event has occurred and is continuing, except after the Funding Date if such Triggering Event has been disclosed in writing to the Lender.
No Triggering Event. The Company hereby represents and warrants that, to its knowledge, there has not been a Triggering Event within the meaning of Section 1(p) of the Rights Agreement, nor is the Company aware of any circumstances that could reasonably result in a Triggering Event before the Termination Date.
No Triggering Event. Parent and Target will use their best efforts to cooperate with each other and comply with any reasonable request to ensure that the transactions contemplated by this Agreement do not constitute a Triggering Event under the Tax Agreement or the Treasury Regulations promulgated under Section 1503 of the Code.
No Triggering Event. Neither the execution or delivery of the Share Exchange Agreement or other agreements entered into pursuant thereto or the performance by the Company or NXP of its respective obligations thereunder, including the issuance of the shares of common stock of the Company to NXP pursuant thereto, shall result in a Triggering Event as defined in Section 1(mm) of the Rights Agreement.
