Examples of Adjustment Event in a sentence
Party B will promptly notify Party A upon obtaining knowledge of the occurrence of any event that would constitute an Event of Default or a Potential Adjustment Event.
Potential Adjustment Events: An Extraordinary Dividend shall not constitute a Potential Adjustment Event.
Together with such delivery, the Servicer shall notify the Administrative Agent of the delivery of such document and shall make reasonable efforts to inform the Administrative Agent whether, to the actual knowledge of 132 AmericasActive:18709990.5 the Servicer, such event constitutes a Value Adjustment Event; provided that the failure by the Servicer to make such delivery shall not constitute a Servicer Termination Event, Unmatured Event of Default or Event of Default hereunder.
Together with such notification, the Borrower or the Servicer shall inform the Administrative Agent whether, to the knowledge of the Borrower or the Servicer, as applicable, such event constitutes a Value Adjustment Event.
DER Provider will control the Device to respond during Adjustment Events and will make reasonable efforts to maximize performance within the Participant’s Backup Reserve, Adjustment Event preferences, and other settings but no specific level of performance is guaranteed.