Adjustment Trigger Date definition

Adjustment Trigger Date means, each of (i) the date on which a Facility Adjustment Event occurs (as reasonably determined by the Calculation Agent) and (ii) any date on which a material change to, or termination of, a Facility Adjustment Event is announced by Issuer or a third party that is party to, or an Affiliate of a party to, the relevant proposed transaction or event or advisor to such party or Affiliate.
Adjustment Trigger Date has the meaning set forth in Section 5.22(a).
Adjustment Trigger Date means, each of (i) the date on which a Facility Adjustment Event occurs (as reasonably determined by the Calculation Agents) and (ii) any date on which a material change to, or termination of, a Facility Adjustment Event is announced by Issuer or a third party that is party to, or an Affiliate of a party to, the relevant proposed transaction or event or advisor to such party or Affiliate.

Examples of Adjustment Trigger Date in a sentence

  • Such adjustment shall become effective immediately after the opening of business on the day next following such Adjustment Trigger Date.

  • For all purposes of this Agreement, a Potential Adjustment Event shall be deemed to have occurred and be continuing during the period commencing on the occurrence of any Adjustment Trigger Date with respect thereto and ending upon the notification by the Calculation Agent to Borrower of the relevant adjustment or the Calculation Agent’s determination that no such adjustment is necessary.

  • Additionally, notwithstanding the foregoing ratios for the periods indicated, during the Adjustment Period the Total Leverage Covenant shall be 7:50 to 1:00, provided that, to the extent required by the definition of "Adjustment Trigger Date," the Borrower or the Parent Company or both have issued not less than (i) $100,000,000 in Preferred Stock or other Capital Stock, plus (ii) $200,000,000 in Subordinated Debt.


More Definitions of Adjustment Trigger Date

Adjustment Trigger Date has the meaning specified in Section 7.3(a)(iii).
Adjustment Trigger Date has the meaning specified in Section 8.03(A)(III).
Adjustment Trigger Date means any date on or before September 30, ----------------------- 1997, on which each of the following shall have occurred: (a) the Viacom Purchase shall have been consummated, (b) the Borrower or the Parent Company shall have issued (after the Agreement Date) at least $100,000,000 in Preferred Stock or other Capital Stock and $200,000,000 in Subordinated Indebtedness (the "Viacom Subordinated Indebtedness") in connection with the Viacom Purchase, and if issued by the Parent Company, the Net Proceeds thereof shall have been contributed to the Borrower, and (c) no Default or Event of Default shall then exist.
Adjustment Trigger Date means the earlier of (i) July 31, 2004; and (ii) the date of the Seller’s first mortgage-backed securitization following the IPO.”
Adjustment Trigger Date means each of (i) the date on which an announcement is made (whether by Issuer or any third party) of any event or condition that, if completed, would result in a Potential Adjustment Event (as determined by the Calculation Agent), (ii) any date on which a material change therein or the termination thereof is announced by Issuer or any third party and (iii) the date on which such Potential Adjustment Event is consummated, completed or effected if (a) no announcement was previously made in respect thereof, or (b) the final terms of such Potential Adjustment Event differ from the terms previously announced therefor.