Appointment Event definition

Appointment Event means an event defined in the terms of the Preferred Securities, as set forth in Annex I, which entitles the Holders of a Majority in liquidation amount of the Preferred Securities to appoint a Special Trustee.

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Appointment Event means an event defined in the terms of the Preferred Securities set forth in Exhibit B which entitles the Holders of a Majority in liquidation amount of the Preferred Securities to appoint a Special Regular Trustee.

Appointment Event means an event defined in the terms of the Preferred Securities set forth in ANNEX I which entitles the Holders of a Majority in liquidation amount of the Preferred Securities to appoint a Special Regular Trustee.]

Examples of Appointment Event in a sentence

Within 60 days of the occurrence of a Backup Servicer Appointment Event, CRB shall appoint an entity to be the Backup Servicer hereunder, which appointment shall be subject to satisfaction of the Rating Agency Condition.
Any Special Trustee so appointed shall cease to be a Special Trustee if the Appointment Event pursuant to which the Special Trustee was appointed and all other Appointment Events cease to be continuing.
Within 60 days of the occurrence of a Backup Servicer Appointment Event, Mechanics Bank shall appoint an entity to be the Backup Servicer hereunder, which appointment shall be subject to satisfaction of the Rating Agency Condition.
On the terms and subject to the conditions of this Sales Agency Agreement and upon the occurrence of the Agent Appointment Event (as defined below), the Company hereby appoints the Agent as its sales agent for the purpose of selling the Asset.
Subject to the provisions of paragraph 4 below, on the terms and subject to the conditions of this Sales Agency Agreement and upon the occurrence of a Series Certificate Holder Appointment Event (as defined below), the Company hereby appoints the Series Certificate Holder as its sales agent for the purpose of selling the Asset.
In the event that the Requisite Purchasers deliver an Appointment Notice that does not result in a Company Sale, and the Remedy Event that gave rise to such Appointment Event has not been cured within twelve months from the date of the original Appointment Notice, the Requisite Purchasers may deliver additional Appointment Notice(s) any time following twelve months after delivery of any prior Appointment Notice.
Within 60 days of the occurrence of a Backup Servicer Appointment Event, CRB shall appoint an entity to be the Backup Servicer hereunder, which appointment will become effective upon the satisfaction of the Rating Agency Condition with respect to such appointment.
Any Special Administrative Trustee so appointed shall cease to be a Special Administrative Trustee if the Appointment Event pursuant to which the Special Administrative Trustee was appointed and all other Appointment Events cease to be continuing.
Subject to the provisions of paragraph 4 below, on the terms and subject to the conditions of this Sales Agency Agreement and upon the occurrence of a Swap Counterparty Appointment Event (as defined below) and provided that the Swap Counterparty has fully performed its obligations under the Total Return Swap Agreement, the Company hereby appoints the Swap Counterparty as its sales agent for the purpose of selling the Asset.
Any Special Regular Trustee so appointed shall cease to be a Special Regular Trustee if the Appointment Event pursuant to which the Special Regular Trustee was appointed and all other Appointment Events cease to be continuing.

More Definitions of Appointment Event

Appointment Event has the meaning set forth in Section 6.1(d).

Appointment Event means, with respect to a series of Preferred Securities, any events defined as an Appointment Event in the Certificate of Terms for such series of Preferred Securities.

Appointment Event means an event defined in the terms of the Capital Securities as set forth in Exhibit A which entitles the Holders of a Majority in liquidation amount of the Capital Securities to appoint a Special Regular Trustee.

Appointment Event means an event defined in the terms of the Preferred Securities set forth in Exhibit B which entitles the Holders of a Majority in aggregate

Appointment Event means an event defined in the terms of the Preferred Securities as set forth in Exhibit A, as such Exhibit A may be amended in accordance with the terms of this Declaration.

Appointment Event has the meaning specified in Section 6.01(d).