Breach Event definition

Breach Event means either:
Breach Event means any of the following events: the breach of any Contractual Obligations by the Pledgors or the Domestic Affiliates under Cooperation Agreements, and any representations and warranties or other information under the Cooperation Agreements presented by the Pledgors and the Domestic Affiliates are or are proved to be false or misleading in any material respect, or any agreement in the Cooperation Agreements become invalid or unfulfilled due to change of PRC laws and regulations, the promulgation of new PRC laws and regulations or any other reason, and the Parties fail to find an alternative arrangement.
Breach Event means any of the circumstances set out in Clause 7 hereof.

Examples of Breach Event in a sentence

  • In the event that the Recipient breaches the covenants set forth in this first paragraph of Section 4, it shall be considered a Breach Event under Section 3 above.

  • The Seller and the Purchasers agree that the Purchasers will suffer damages if a Breach Event (as defined below) occurs or is ongoing.

  • To the extent that any Security Breach Event involves Protected Health Information (as defined below), and is subject to the Health Insurance Portability and Accountability Act of 1996 (Pub.

  • Notwithstanding any provision herein to the contrary, in the event Participant is terminated for Cause or upon the occurrence of a Breach Event, this Stock Option, whether or not vested, shall immediately terminate and will no longer be exercisable.

  • The Issuer may not exercise its rights under this Condition 4 to defer Coupon Payments if a Capital Disqualification Event has occurred (and the Issuer has notified the FSA of such occurrence), unless a Capital Breach Event has also occurred and is continuing.The Issuer may at any time satisfy any Deferred Coupon Payment by operation of the procedures set out in Condition 6.


More Definitions of Breach Event

Breach Event means the occurrence of one or more of the following during the term of the Purchase Agreement:
Breach Event. Each one of the events, and each one of the circumstances set forth in section 14 (Breaches) of the Agreement, (regardless of whether it was caused by a reason under the control of the Management Venture or of any other body whatsoever, or otherwise) all if each one of such events and each one of such circumstances were not immediately remedied, and if the Client determined a date to correct the breach, pursuant to its exclusive discretion, then until such date.
Breach Event means failure by Shareholder to comply with any agreement under Sections 5.1(g) or (i) after giving effect to any notice or grace periods set forth therein.
Breach Event means any one of the following events (whatever the reason and whether it shall be voluntary or involuntary or effected by operation of law or pursuant to any judgment, decree or order of any court, or any order, rule or regulation):
Breach Event shall have the meaning assigned to it under the New Employment Agreement.
Breach Event means any one or more of the following: a breach by the Customer of any term of the Standard Terms and Conditions, an attempt by the Customer to reach a compromise with its creditors, the Customer being placed in liquidation or sequestration whether provisional or final, the Customer being placed into business rescue, a judgment debt being entered against the Customer and remaining unsatisfied for a period of 5 calendar days and the Customer ceasing to carry on business;
Breach Event means any event as set forth in Article 7.1 hereof.