Trigger Date Sample Clauses
Trigger Date. The satisfaction or waiver of this Condition Precedent is a condition to the occurrence of the Trigger Date. If this Condition Precedent becomes incapable of being satisfied prior to the Trigger Date:
(i) this Agreement shall be terminated;
(ii) the Bidder may continue the Bidder Offer;
(iii) Nasdaq may continue the Nasdaq Offer; and
(iv) Borse Dubai shall promptly assign the benefit of the Irrevocables to Nasdaq (subject to their respective terms).
Trigger Date. The term Trigger Date as used in the Agreement shall be changed to December 31, 2013.
Trigger Date. The satisfaction or waiver of this Condition Precedent is a condition to the occurrence of the Trigger Date. If, prior to the Trigger Date, this Condition Precedent becomes incapable of being satisfied, Borse Dubai shall have the right to terminate this Agreement. If Borse Dubai terminates this Agreement based on the failure of this Condition Precedent prior to the Trigger Date:
(i) Nasdaq may continue the Nasdaq Offer;
(ii) the Bidder may continue the Bidder Offer; and
(iii) Borse Dubai shall retain the benefit of the Irrevocables (subject to their respective terms).
Trigger Date. The term Trigger Date as used in the Agreement shall be changed to December 31, 2011.
Trigger Date. The definition of “Trigger Date” in Section 1.1(e) of the IP Agreement is amended to read in its entirety as follows:
Trigger Date. On the Trigger Date, the Company shall pay to the Holder in cash the entire outstanding principal amount of this Debenture, together with all accrued and unpaid interest thereon, the applicable Exit Fee and any other amounts due hereunder; provided that, if the Trigger Conditions are satisfied as of such date, this Debenture shall be exchanged for an Amended and Restated Senior Secured Convertible Debenture of the Company in the agreed form provided for in the Purchase Agreement and on the terms and conditions set forth therein (the “A&R Debenture”).
Trigger Date. The “Trigger Date” shall be the earlier of:
(a) The date selected by Seller, in its sole discretion, by Notice to SCE; or
(b) The earliest date on which all of the following have occurred:
(i) CPUC Approval has been obtained,
(ii) Seller has executed interconnection and transmission agreements with BPA for interconnection and transmission access with respect to the Generating Facility,
(iii) Seller has obtained a site certificate to construct and Operate the wind facility from the Oregon Energy Facility Siting Council, and
(iv) Federal Production Tax Credit Legislation is in full force and effect and extended so that PTCs are available for any Wind Turbines at the Generating Facility that are “placed-in-service” on or prior to the date that is no less than one (1) year after the last date of scheduled Wind Turbine delivery (the “Last Delivery Date”) under Seller’s executed Wind Turbine supply contracts (the “Wind Turbine Contracts”). Within thirty (30) days after Seller’s execution of the Wind Turbine Contracts, Seller must provide SCE with Notice of the Last Delivery Date. If Seller has not selected a date and provided Notice of same to SCE under Section 1.02(a), Seller must provide prompt Notice to SCE when the conditions set forth in Section 1.02(b) are achieved.
Trigger Date. Section 3.4(a) is amended and restated in its entirety as follows:
(a) In the event that, at the end of any Fiscal Quarter (the "Trigger Date") commencing with the Fiscal Quarter ending on December 31, 1997, the Borrower shall fail to maintain an Interest Coverage Ratio of 2.5 to 1.0 or a Preferred Debt Service Coverage Ratio of 2.0 to 1.0, such failure shall not constitute an Event of Default if and for as long as (i) the Borrower shall maintain an Interest Coverage Ratio of not less than 2.0 to 1.0 and a Preferred Debt Service Coverage Ratio of not less than 1.5 to 1.0 and (ii) the Borrower shall or shall cause Sunstone or the Eligible Hotel Owners (as applicable) to execute and deliver to the Administrative Agent with respect to each of the Eligible Hotels (A) within seventy-five (75) days of the Trigger Date, the documents set forth in Section 3.4(b) and (B) within 135 days of the Trigger Date, the documents set forth in Section 3.4(c).
Trigger Date. The satisfaction or waiver of this Condition Precedent is not a condition to the occurrence of the Trigger Date.
Trigger Date. The definition of “Trigger Date” in Section 1.01 of the Services Agreement is amended to read in its entirety as follows: