Agreement Termination Event definition

Agreement Termination Event means any of the following:

Agreement Termination Event wherever used in this Agreement, means any of the following events (whatever the reason for such Agreement Termination Event and whether it is voluntary or involuntary):

Agreement Termination Event. (as defined in Section 5 of this Agreement) shall have occurred, each of the Consenting Noteholders hereby agrees (a) to waive any default or Event of Default (as defined in the applicable Debt Agreement) that may arise from

Examples of Agreement Termination Event in a sentence

• In the event of a Swap Agreement Termination Event, after paying all amounts due to the Swap Counterparty as set forth in the first sentence of this Section 10(b), if no Trust Termination Event has occurred, all Interest Collections shall thereafter be distributed to Certificateholders on each applicable Distribution Date.

• The Trustee shall not enter into any amendment or modification of this Agreement that would affect the method, amount or timing of payment due to the Swap Counterparty or the consent rights of the Swap Counterparty hereunder or otherwise materially adversely affect the interests of the Swap Counterparty under the Swap Agreement and result in a Swap Agreement Termination Event, in each case without the prior written consent of the Swap Counterparty.

• If a Swap Agreement Termination Event has occurred for which the Swap Counterparty is the Defaulting Party or the only Affected Party, notwithstanding the termination of the Swap Agreement, the Trustee shall distribute any Unpaid Amounts to the Swap Counterparty from Interest Collections on the Underlying Securities.

• On the Maturity Date, and to the extent received on any other Scheduled Distribution Date, so long as no Swap Agreement Termination Event has occurred for which the Trust is the Defaulting Party or an Affected Party, the Trustee shall distribute to the Certificateholders, the principal amount of the Underlying Securities to the extent the principal of the Underlying Securities is received by the Trustee on such date or during the related Collection Period plus any accrued interest thereon.

• As promptly as practicable after, and in any event within 30 days after, the occurrence of any Swap Agreement Termination Event or Underlying Securities Event of Default actually known to the Trustee, the Trustee shall give notice of such Swap Agreement Termination Event or Underlying Securities Event of Default to the Depository, or, if any Certificates are not then held by DTC or any other depository, directly to the registered holders of such Certificates.

More Definitions of Agreement Termination Event

Agreement Termination Event means any of the following events, upon which the Agreement shall automatically terminate following the occurrence of such event, other than with respect to items (i), (ii), (iv) and (vii), upon which the Agreement shall terminate if such event remains uncured for five (5) days after receipt of written notice from the Required Participating Holders following the occurrence of such event: i The Company shall have breached any provision of this Agreement, including but not limited to, ceasing to take any steps that are reasonably necessary to obtain approval of the Disclosure Statement and/or confirmation of the Reorganization Plan, as applicable; ii Any representation or warranty made by the Company to any Participating Holder in this Agreement or any term of the Term Sheeet, including the projected amount of claims, shall have been untrue in any material respect when made or any breach of any covenant or material provision hereof by the Company shall have occurred, provided that Impart shall have five (5) days to cure any such default after notice thereof;

Agreement Termination Event means an event of default set forth in a Standby Bond Purchase Agreement which would result in the immediate termination of the Standby Bond Purchase Agreement prior to the Agreement Expiration Date without at least thirty days’ prior notice from the Bank to the Tender Agent, other than a termination upon the substitution of an Alternate Liquidity Facility.

Agreement Termination Event. A successful proposal submitted to the Tracer DAO that the Agreement shall terminate at a specified time.

Agreement Termination Event. (as defined in Section 5 of this Agreement) shall have occurred, each of the Consenting Noteholders hereby agrees (a) to waive (i) its right to receive the interest payments due in respect of its Notes on June 30, 1997 and December 31, 1997 and (ii) any Event of Default (as defined in the Indenture) that may arise from the non-payment thereof (the "Relevant Defaults"), and (b) not (i) to vote its Notes in favor of an acceleration of the maturity of the Notes as a result of the occurrence of the Relevant Defaults or (ii) to direct the Trustee under the Indenture to accelerate the maturity of the Notes as a result of the occurrence of the Relevant Defaults.

Agreement Termination Event has the meaning given to such term in the Plan Support Agreement as in effect on the date of this Agreement.

Agreement Termination Event a SEP that the Agreement shall terminate at a specified time, which successfully passed by way of the Governance Mechanism.

Agreement Termination Event means any of the following: (A) Any Party (the "Breaching Party") commits a material breach of this Agreement which has not been waived by all Parties or, if curable, cured within five (5) business days after the Parties' receipt of written notice of the occurrence of such breach; provided however, that the Breaching Party shall not be permitted to cause a Termination related to its own breach or, if the Breaching Party is the Committee or any Committee Member, neither the Committee nor any of the Committee Members shall be permitted to cause a Termination related to such breach; (B) The Chapter 11 Case of KCI is dismissed or converted to a case under chapter 7 of the Bankruptcy Code; (C) An examiner with expanded powers or chapter 11 trustee is appointed in the Chapter 11 Case of KCI; (D) There shall have been commenced any proceedings in bankruptcy by or against EWP, or alleging that EWP is insolvent or unable to pay its debts as they mature, or for the readjustment or arrangement of EWP's debts or the appointment of a receiver, receiver-manager or trustee over a substantial portion of the assets of EWP; (E) The Consensual Plan and, if applicable, the Qualified Alternative Plan are both rejected by the Holders of any non-insider impaired class of claims thereunder pursuant to Sections 1126 and 1129(a) of the Bankruptcy Code and are not subsequently confirmed pursuant to Section 1129(b) of the Bankruptcy Code; (F) The Bankruptcy Court declines to confirm both the Consensual Plan and, if applicable, the Qualified Alternative Plan; (G) Any of the Committee, Contran or the Debtors reasonably believe, in good faith, on the basis of information shared with the Parties, that the estimated amount of Allowed Class A4 Claims plus Allowed Class A6 Claims (including claims of Sherman Wire Company and environmental claims) exceeds $68,000,000, and, by six (6) days prior to the date first scheduled for commencement of the hearing to approve a disclosure statement for the Consensual Plan, (i) no Party has agreed to absorb the financial impact of the increase in estimated Class A6 General Unsecured Claims, (ii) the Committee and Contran have failed to reach agreement on amending this Agreement and/or the Consensual Plan to adjust for the increase in estimated Class A6 General Unsecured Claims and (iii) the Bankruptcy Court has not entered an order estimating the Class A4 and Class A6 Claims in an aggregate amount equal to or less than $68,000,000; (H) A Final Order appr...