Acceleration Conditions definition

Acceleration Conditions means the Participant signs, and does not revoke, the Company’s standard form of release of all claims so that it is effective not later than 60 days after the Termination of Service, resigns from all positions the Participant then holds with the Company, and otherwise complies with all continuing obligations to the Company.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Acceleration Conditions means:

Acceleration Conditions means (A) the GM-Delphi Agreement remains in effect and the Tranche B Termination Date has not occurred, (B) all conditions set forth in Section 4.03 (other than Section 4.03(a)) of the GM-Delphi Agreement have been satisfied, (C) at least $100,000,000 has been drawn and remains outstanding under the GM-Delphi Agreement on the applicable Test Date, and (D) the MRA Consummation Date has not occurred.

Examples of Acceleration Conditions in a sentence

Lender agrees that upon receipt of ------------------------- the Purchase Price, in immediately available funds, at the request of Buyer, and subject to the Acceleration Conditions (as defined below), Lender shall declare the entire outstanding principal amount of the Loans, together with all accrued and unpaid interest and charges thereon, to be due and payable.
The Acceleration Conditions (defined in Section 9.7 below) exist as of the date Tenant delivers its Acceleration Notice, and Tenant’s Acceleration Notice includes documentation thereof reasonably satisfactory to Landlord thereof.
Notwithstanding anything to the contrary in the Equity Documents, and subject to the Acceleration Conditions (as defined below), on the Separation Date the Company will accelerate vesting of 50% of your unvested shares as of the Vesting End Date under the applicable stock option agreements and 50% of your unvested restricted stock units as of the Vesting End Date under applicable restricted stock unit award agreements (the “Acceleration”).
The Company shall provide prompt notice to the Holder upon the Announcement (the “First Notice”) and the Company shall provide prompt notice to the Holder upon meeting of the Acceleration Conditions set forth in (i) and (ii) above.

More Definitions of Acceleration Conditions

Acceleration Conditions. (1) the Consultant has materially complied with the Consultant’s obligations under the EIACNA and continues to materially comply with such obligations; and (2) the Consultant has executed a general release of all known and unknown claims that the Consultant may have against the Company or persons affiliated with the Company on the Company’s standard form approved by the Company (the “Release”) and the Release becomes effective and irrevocable within forty-five (45) days following the event triggering the acceleration benefits.

Acceleration Conditions means that Tenant’s Board of Directors has determined in good faith that because of negative results in Tenant’s peganesitide Phase 3 clinical trials, as measured by failure to achieve the safety or efficacy primary endpoints, Tenant must abandon its current plans to substantially expand its commercial group and therefore cannot use the Expansion Space. Concurrently with Tenant’s Acceleration Notice, Tenant shall deliver to Landlord a certificate signed by an officer and the general counsel of Tenant certifying that the Board of Directors has made the foregoing determination in good faith.

Acceleration Conditions means the delivery of a Risk Event Notice by the Issuer to the Securityholders that is effective during the Risk Event Notice Period.

Acceleration Conditions means the delivery of a Risk Event Notice by the Calculation Agent on behalf of the Issuer to the Noteholders that is effective during the Risk Event Notice Period;

Acceleration Conditions means that any of the following have occurred and is continuing: (a) the Credit Agreement Lenders have accelerated the Credit Agreement Obligations after an event of default thereunder, (b) a Loan Party has failed to make a payment under a Second Priority Document resulting in an event of default under the Second Priority Agreement, (c) acceleration has occurred automatically under the Second Priority Agreement because of a bankruptcy or insolvency event, or (d) any other event of default has occurred under a Second Priority Document and a period of 60 days has elapsed since the occurrence of such event of default and such event of default has not been cured or waived.

Acceleration Conditions means that, as of the Accelerated Expiration Notice Date, each of (and not less than all of) the following conditions has been satisfied: