Triggers. Any obligation of Micron to pay Intermolecular a [***]Fee identified in a Project SOW shall be conditioned upon Intermolecular's satisfaction of certain technical criteria for Deliverables (the “Trigger(s)”) set forth in such Project SOW. A Project SOW for Category B2 or Category C may include multiple Triggers, consisting of several distinct criteria capable of independent satisfaction, such that Intermolecular's satisfaction of each individual Trigger shall give rise to an obligation for Micron to pay a corresponding portion of the overall [***]Fee (calculated by dividing the Success Fee by the number of Triggers, or as otherwise set forth in a Project SOW), subject to satisfaction of the related Production Threshold and provided that the total number of Triggers for any Project SOW shall not exceed four (4). As an example, for illustrative purposes only, a hypothetical Project SOW for Category B2 may have a [***]Fee of [***] per year, [***] for five (5) years, and may be determined to have three (3) Triggers. In this example, assuming that Intermolecular satisfies a first Trigger and related Production Threshold initially and satisfies a second Trigger and related Production Threshold one year later, but never satisfies the third Trigger, then Micron would [***] of [***] per year, payable for five (5) years, upon satisfaction of the first Trigger and related Production Threshold, and one year later Micron would [***] a second, separate [***] of [***] per year, [***] for five (5) years, upon satisfaction of the second Trigger and related Production Threshold, but the full [***] would not be payable by Micron because Intermolecular failed to satisfy the third Trigger and related Production Threshold.
Triggers. For all incremental Minimum Purchase transfers pursuant to this Agreement mutually approved by East Palo Alto and Mountain View (initial or exceed the corresponding Temporary Minimum set forth in Article B, Section 2, of this Agreement for three (3) consecutive fiscal years, one (1) increment of twenty-five East Palo Alto.
Triggers. The Company shall dissolve at any time after February 10, 2003, if at such time the aggregate Liquidation Preference is at least $7.5 million (excluding the Liquidation Preference on any PIK Preferred Stock distributed as a dividend) and holders of at least a majority of PIK Preferred Stock then outstanding vote to dissolve the Company and provide notice of such vote to the Board of Directors; provided, however, that in the event that such a vote and resulting dissolution of the Company would result in an event of default or an incipient default under any then existing indebtedness of the Company or any Subsidiary with an outstanding balance of $10 million or more, then such majority vote shall not cause the dissolution of the Company, but rather shall constitute notice by the holders of the PIK Preferred Stock to the Board of Directors that such holders desire that the Board of Directors promptly arrange the sale of the Company (including its Subsidiaries) or a sale of all or substantially all of its assets.
Triggers. Upon and at any time following the occurrence of any of the following events (each, a "Trigger"), the Put Rights and the Call Rights shall be exercisable:
(a) the termination of Rich's employment as President and CEO pursuant to the employment agreement between Rich and DOCP (the "Employment Agreement") by any party thereto for any reason or as a result of Rich's death or disability as provided in the Employment Agreement; or
(b) the third anniversary of the Merger.
Triggers. The drought triggers are presented in the below table. They have been defined based on: - Groundwater level: characteristics of the abstraction system (pump level and well depth) - Reservoir level: operational philosophy and water retention capacity - Customer demand: peak demand and maximum Deployable Output (DO) Level 1 - Normal Groundwater level above 90m AOD* Reservoir level reaching low threshold Customer demand < 8.4 ML/d Level 2 - Developing Drought Groundwater level above 90m and below 75m AOD* Reservoir level dropping below the low threshold over less than a week Customer demand at 8.4 ML/d Level 3 - Drought Groundwater level below 75m AOD* Reservoir level dropping below the low threshold over less than 36 hours Customer demand at 8.4 ML/d Level 4 - Severe Drought Groundwater level below 30m AOD* Reservoir level dropping below the low threshold over less than 24 hours Customer demand at 8.4 ML/d
Triggers. 4.1 Short Term and / or Repeated Absence
4.1.1 Trigger levels have been established to enable the school to manage absence fairly and equitably and to ensure employees understand the levels of absence which will lead to management under this policy.
Triggers. The current episode appeared to be triggered by Xxxx’s recent retirement, consequent reduction in meaningful occupation and increased time in the family home, which she cohabited with her son, daughter-in-law and grandson. Hostility between Xxxx and her daughter-in-law also appeared to play a significant contributory role in Xxxx’s deterioration in mental state.
Triggers a. When investors and creditors hold securities with aggregate share values as indicated on the schedule in Exhibit A (“Trigger Points”), or when plan distributions to investors and creditors, or other payments including without limitation rent to retaining TICs, distributions from third party recoveries, facility sales, or global disposition in the form of a sale, merger, public offering or other event relating to the MLP or the REIT), plus the aggregate share value, reaches the Trigger Points, HFG will be entitled to receive the corresponding percentage on the schedule of future MLP distributions, and, if the enterprise is sold, of sale proceeds.
b. Thereafter, HFG will be entitled to receive additional percentages of future MLP distributions and sale proceeds according to incremental increases of the Trigger Point values as specified on the schedule in Exhibit A.
Triggers. The Corporation shall dissolve at any time after the February [7], 2003, if at such time at least 25% of the shares of PIK Preferred Stock outstanding on February [7], 1997 remain outstanding and holders of at least a majority of PIK Preferred Stock then outstanding vote to dissolve the Corporation and provide notice of such vote to the Corporation; provided, however, that in the event that such a vote and resulting dissolution of the Corporation would result in an event of default or an incipient default under any then existing indebtedness of the Corporation or any Subsidiary with an outstanding balance of $10 million or more, then such majority vote shall not cause the dissolution of the Corporation, but rather shall constitute notice by the holders of the PIK Preferred Stock to the Board of Directors that such holders desire that the Board of Directors promptly arrange the sale of the Corporation (including its Subsidiaries) or a sale of all or substantially all of its assets.
Triggers. A trigger is a self-contained routine associated with a table or view that automat- ically performs an action when a row in the table or view is inserted, updated, or deleted. Triggers can provide: • Automatic enforcement of data restrictions to ensure that users enter only valid values into columns. • Reduced application maintenance, because changes to a trigger are auto- matically reflected in all applications that use the associated table with- out the need to recompile and relink them. • Automatic logging of changes to tables. An application can keep a run- ning log of changes with a trigger that fires whenever a table is modified. • Event alerters in triggers can automatically notify applications of changes to the database. When a trigger is invoked, it has immediate access to data being stored, modi- fied, or erased. The trigger may also access data in other tables. Using the avail- able data, you can design the trigger to: • Abort an operation, possibly with an error message. • Set values in the accessed record. • Insert, update, or delete rows in other tables. • Signal that an event has occurred using an event alerter.
