Occurrence of Certain Events. Each Holder of Registrable Securities agrees that, upon receipt of any notice from the Company of the happening of any event of the kind described in Subsection (a)(ii)(4), (5) or (6) above, such Holder will forthwith refrain from disposing or discontinue disposition of Registrable Securities pursuant to the then current Prospectus (but, in the case of an event described in Subsection (a)(ii)(5), only in the affected jurisdiction(s)) until such Holder is advised in writing by the Company that the use of the Prospectus may be resumed. The Company shall use its best efforts to limit the duration of any discontinuance with respect to the disposition of Registrable Securities pursuant to this paragraph.
Occurrence of Certain Events. (i) A Regulatory Event shall occur; or
Occurrence of Certain Events. Except as provided in Section 2.3(b), a Nominating Holder shall cause its nominee elected to the Board, if applicable, to resign immediately (i) upon a Qualified Initial Public Offering, (ii) upon a Qualified Merger, (iii) upon conversion by such Nominating Holder of 50% or more of its Series A Preferred into Common Stock, (iv) in the event that such Nominating Holder transfers in one or more transactions an aggregate of 50% or more of the Series A Preferred that it holds on the date hereof, excluding transfers to such Nominating Holder's Affiliates, (v) upon such Nominating Holder, or an Affiliate thereof owning more than ten (or, in the case of EOP, five) Independent Holder Centers or being a party to any Holder Joint Venture Arrangement which owns more than ten (or, in the case of EOP, five) Independent Holder Centers or in which a material part of the applicable business is owning, leasing, operating, franchising or managing Independent Holder Centers. In any such case, such Nominating Holder shall not be entitled to fill such vacancy in the Board pursuant to Section 2.2(e). In the event that such nominee fails to resign as required, then the holders of at least 10% of the Voting Common Stock then entitled to vote may remove such nominee from the Board at the next annual meeting of stockholders or at a special meeting of stockholders of the Company, as the case may be. In the event that (i) ABP transfers in one or more transactions an aggregate of 50% or more of the Series A Preferred that it holds on the date hereof, excluding transfers to its Affiliates, or (ii) 50% or more of ABP's Series A Preferred is converted into Common Stock, then FCG and the Company will cause one Director then serving on the Board (other than a Holder Nominee) to resign from the Board within three (3) business days after it receives notice of such transfer or conversion and thereafter the Board shall consist of eleven (11) members.
Occurrence of Certain Events. Any party may terminate this Agreement by written notice to the other parties to this Agreement in the event of the filing of any petition under any bankruptcy law by or against any other party, the admission in writing by any other party of its inability to pay its debts when and as due, the making of any assignment for the benefit of creditors by any other party, the appointment of a receiver for any or all of the assets of any other party, the cessation of any other party's business, or the dissolution of any other party.
Occurrence of Certain Events. 34 (a) Foreclosure, Etc............................................. 34 (b)
Occurrence of Certain Events. Upon the occurrence of any of the following events, any Collateral constituting any part of the Borrowing Base may be declared by Administrative Agent to no longer be included in the Borrowing Base:
Occurrence of Certain Events. Each Holder of Subject Securities agrees that, upon receipt of any notice from the Company of the happening of any event of the kind described in Section 6(a)(i)(4), (6) or (7), such Holder will forthwith refrain from disposing or discontinue disposition of Subject Securities pursuant to the then current Prospectus until such Holder is advised in writing by the Company that the use of the Prospectus may be resumed. The Company shall use its reasonable best efforts to limit the duration of any discontinuance with respect to the disposition of Subject Securities pursuant to this paragraph.
Occurrence of Certain Events. At any time prior to the Third Anniversary, if the Shareholder shall: (a) breach any of his obligations hereunder,
Occurrence of Certain Events. Prior to or simultaneously with the execution and delivery of this Amendment by all parties hereto, (a) Xxxxxxx Resources, Inc. ("Xxxxxxx"), the Agent, the Collateral Agent and the Lenders shall have executed and delivered an amendment (in the form of Exhibit A attached hereto) to that certain Restructuring Agreement dated as of February 14, 1990 among Xxxxxxx, the Agent, the Collateral Agent and the Lenders (the "First Restructuring Agreement Amendment") and PNM shall have consented thereto and (b) PNM shall have delivered to the Agent, the Collateral Agent and the Lenders a certificate of the Assistant Secretary of PNM, dated as of the date hereof, substantially in the form of Exhibit B attached hereto and certifying that (i) attached thereto is a true, correct and complete copy of resolutions duly adopted by the full Board of Directors of PNM, authorizing the execution, delivery and performance of this Amendment by PNM, (ii) such resolutions have not been modified, rescinded or amended and are in full force and effect and (iii) set forth in such certificate is the name, title and true signature of an officer of PNM authorized to execute this Amendment and consent to the First Restructuring Agreement Amendment.
Occurrence of Certain Events. (i) any adverse determination made by the SEC or any other Governmental Authority for a material violation or material breach of the Investment Company Act by the Borrower, any Permitted Subsidiary or the Investment Adviser (with respect to its management of the Borrower);