Brexit Event definition

Brexit Event means any of the following events whenever occurring if caused (directly or indirectly) by Brexit or any discussions, proposals, negotiations or any other steps taken by the UK government or a body in any other jurisdiction in anticipation of or related to preparation for Brexit:
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Brexit Event an event involving England leaving the European Union (whether with Scotland, Wales and/or Northern Ireland or not), including, where applicable, the start or end of any transition period.
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Examples of Brexit Event in a sentence

  • We reserve the right to amend the Charges listed on the Platform arising out of or connection with a Brexit Event and shall notify you upon doing so.

  • The Company shall notify the Customer should it suffer any adverse impact on this Agreement occurring at any time following UK’s decision to cease to be a Member State of the European Union as a result of a Brexit Event.

  • Borrower shall use commercially reasonable efforts (taking into account the CRE Considerations) to (and shall ensure that each other Responsible Party shall use commercially reasonable efforts to) launch, market, promote, sell and otherwise commercialize the Product in all of the U.S. and appropriate markets of the E.U. (including, for the avoidance of doubt, each of the EU3, but excluding the United Kingdom following a Brexit Event).

  • The Company shall not be liable to the Buyer in any manner or be in breach of the Contract (subject to Condition 6.3) because of any failure or delay in performance of any of the Company’s obligations under theContract arising from or attributable to a Force Majeure Event or a Brexit Event.

  • Seller shall not be entitled to recover from Purchaser any costs incurred or suffered by it or saved by Purchaser as a result of a Brexit Event.

  • It was noted that the North Western Chamber of Commerce is in the process of organising a Business Preparation Brexit Event to which the LEP will be invited, details will be provided in due course.

  • Following such notice the Company shall be entitled to adjust the Contract Price and any other charges, after taking all reasonable steps to mitigate any additional costs and expenses, from the date of receipt of such notice so that the Company is financially no worse off than if the Brexit Event had not occurred.

  • In this Condition 9.1, “Brexit” means the United Kingdom ceasing to be a member state of the European Union (EU), and the nature and extent of any change referred to in the definition of Brexit Event will be determined by reference to the Laws, requirements, environment and/or other relevant circumstances as they existed on 31 December 2020.

  • The Parties agree to take account of any applicable guidance issued by a Supervisory Authority in connection with a Brexit Event.

  • In this Condition 9.1, “Brexit” means the United Kingdom ceasing to be a member state of the European Union (EU), and the nature and extent of any change referred to in the definition of Brexit Event will be determined by reference to the Laws, requirements, environment and/or other relevant circumstances as they existed on 31 December 2021.


More Definitions of Brexit Event

Brexit Event means any change, event, or occurrence arising out of or in connection with the decision of the United Kingdom to withdraw from the European Union including without limitation any modification in law irrespective of whether a transitional agreement or arrangement is agreed. “Seller” means the party identified as the Seller in the Agreement or the Purchase Order. “Purchaser” means Ingevity UK Ltd and its subsidiaries, business units or Affiliates, if any, specified in the Agreement or the Purchase Order. “Confidential Information” means all Purchaser know-how, technical information, business information, data, designs, specifications, plans, drawings, experience or knowledge reasonably related to the transaction that is the subject of the Contract, whether transmitted in writing, orally or electronically, including initial or preliminary discussions, to the extent the same is or are non-public or confidential including without limitation: (a) manufacturing plans, processes, procedures, operations, reports, drawings, manuals, equipment, engineering information, technical information, and plant and equipment layouts and configuration; (b) product plans, prototypes, samples, formulae, and specifications, and information related to project designs, marketing, advertising, quality, costs, configurations and uses; (c) customer and vendor lists and information, business plans, sales volumes, profitability figures, financial information or other economic or business information; and (d) computer software, firmware, data, databases, networks, security procedures, or other information related directly or indirectly to computer systems or networks. “Contract” means the Agreement, if any, the Purchase Order, all paper or electronic documents incorporated by reference under the Agreement and the Purchase Order, these Terms and Conditions of Purchase and any confidentiality or non-disclosure agreement executed by Purchaser and Seller, and all exhibits and amendments to all such documents. “European Union” means the Union established by the Treaty on European Union signed at Maastricht on 7 February 1992, as amended by any later treaty, being the member states of the European Union. “Items” mean any goods or services to be provided or performed by Seller under the Contract. “Modern Slavery Act” means the Modern Slavery Xxx 0000. “Modern Slavery Practice” means any practice that amounts to (a) slavery or servitude (each as construed in accordance with Article 4 of the Conv...
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Brexit Event means any circumstance resulting from Brexit, including the repercussions of the introduction of any new Brexit-related legislation/regulation, that adversely affects our ability to perform our obligations under the Agreement;
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Brexit Event means any of the following events, to the extent caused by Brexit:
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Brexit Event means any of the following events, caused by the withdrawal of the United Kingdom from the European Union (including, without limitation, the event that the United Kingdom and the EU have not ratified a trade deal by 1 January 2021), occurring at any time on and from 1 January 2021:
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Related to Brexit Event

  • Exit Event means a transaction or a combination or series of transactions (other than an Initial Public Offering) resulting in:

  • Put Event means the occurrence of any of the following:

  • Equity Event is the receipt by Borrower, on or after March 6, 2018 and on or prior to June 30, 2018, of unrestricted net cash proceeds of not less than Thirty Million Dollars ($30,000,000.00) from (i) the issuance and sale by Borrower of its unsecured subordinated convertible debt and/or equity securities and/or (ii) “up front” or milestone payments in connection with a joint venture, collaboration or other partnering transaction.

  • Liquidity Event means a Change of Control or an IPO.

  • Approved Transaction means any transaction in which the Board (or, if approval of the Board is not required as a matter of law, the stockholders of the Company) shall approve (i) any consolidation or merger of the Company, or binding share exchange, pursuant to which shares of Common Stock of the Company would be changed or converted into or exchanged for cash, securities, or other property, other than any such transaction in which the common stockholders of the Company immediately prior to such transaction have the same proportionate ownership of the Common Stock of, and voting power with respect to, the surviving corporation immediately after such transaction, (ii) any merger, consolidation or binding share exchange to which the Company is a party as a result of which the Persons who are common stockholders of the Company immediately prior thereto have less than a majority of the combined voting power of the outstanding capital stock of the Company ordinarily (and apart from the rights accruing under special circumstances) having the right to vote in the election of directors immediately following such merger, consolidation or binding share exchange, (iii) the adoption of any plan or proposal for the liquidation or dissolution of the Company, or (iv) any sale, lease, exchange or other transfer (in one transaction or a series of related transactions) of all, or substantially all, of the assets of the Company.

  • Acquisition Event means a merger or consolidation in which the Company is not the surviving entity, any transaction that results in the acquisition of all or substantially all of the Company’s outstanding Common Stock by a single person or entity or by a group of persons and/or entities acting in concert, or the sale or transfer of all or substantially all of the Company’s assets.

  • Pay-Out Event means any Pay-Out Event specified in Section 6.01.

  • Public event means any event that can be attended by the

  • Non-Viability Event means the earlier of:

  • Value Adjustment Event means, with respect to any Loan Asset, the occurrence of any one or more of the following events after the related Cut-Off Date:

  • Sale Event means (i) the sale of all or substantially all of the assets of the Company on a consolidated basis to an unrelated person or entity, (ii) a merger, reorganization or consolidation pursuant to which the holders of the Company’s outstanding voting power and outstanding stock immediately prior to such transaction do not own a majority of the outstanding voting power and outstanding stock or other equity interests of the resulting or successor entity (or its ultimate parent, if applicable) immediately upon completion of such transaction, (iii) the sale of all of the Stock of the Company to an unrelated person, entity or group thereof acting in concert, or (iv) any other transaction in which the owners of the Company’s outstanding voting power immediately prior to such transaction do not own at least a majority of the outstanding voting power of the Company or any successor entity immediately upon completion of the transaction other than as a result of the acquisition of securities directly from the Company.

  • Control Transaction means any of the following transactions or any combination thereof:

  • Reinvestment Event any Asset Sale or Recovery Event in respect of which the Borrower has delivered a Reinvestment Notice.

  • Holding Limit Event means, assuming the investor is the Issuer and/or any of its affiliates, the Issuer together with its affiliates, in aggregate hold, an interest in the Underlying Stock, constituting or likely to constitute (directly or indirectly) ownership, control or the power to vote a percentage of any class of voting securities of the Underlying Stock, of the Underlying Stock in excess of a percentage permitted or advisable, as determined by the Issuer, for the purpose of its compliance with the Bank Holding Company Act of 1956 as amended by Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Volcker Rule), including any requests, regulations, rules, guidelines or directives made by the relevant governmental authority under, or issued by the relevant governmental authority in connection with, such statutes.

  • Benchmark Event means, with respect to an Original Reference Rate:

  • Change of Control Transaction means the occurrence after the date hereof of any of (a) an acquisition after the date hereof by an individual or legal entity or “group” (as described in Rule 13d-5(b)(1) promulgated under the Exchange Act) of effective control (whether through legal or beneficial ownership of capital stock of the Company, by contract or otherwise) of in excess of 33% of the voting securities of the Company (other than by means of conversion or exercise of the Notes and the Securities issued together with the Notes), (b) the Company merges into or consolidates with any other Person, or any Person merges into or consolidates with the Company and, after giving effect to such transaction, the stockholders of the Company immediately prior to such transaction own less than 66% of the aggregate voting power of the Company or the successor entity of such transaction, (c) the Company sells or transfers all or substantially all of its assets to another Person and the stockholders of the Company immediately prior to such transaction own less than 66% of the aggregate voting power of the acquiring entity immediately after the transaction, (d) a replacement at one time or within a three year period of more than one-half of the members of the Board of Directors which is not approved by a majority of those individuals who are members of the Board of Directors on the Original Issue Date (or by those individuals who are serving as members of the Board of Directors on any date whose nomination to the Board of Directors was approved by a majority of the members of the Board of Directors who are members on the date hereof), or (e) the execution by the Company of an agreement to which the Company is a party or by which it is bound, providing for any of the events set forth in clauses (a) through (d) above.

  • Change in Control Transaction means the occurrence of any of the following events:

  • Equity Listing Event means an initial public offering of shares in the Issuer, after which such shares shall be quoted, listed, traded or otherwise admitted to trading on a regulated market or unregulated market.

  • Private event means a social gathering or event attended

  • Foreign Benefit Event means (a) with respect to any Foreign Pension Plan, (i) the existence of unfunded liabilities in excess of the amount permitted under any applicable law, or in excess of the amount that would be permitted absent a waiver from a Governmental Authority, (ii) the failure to make the required contributions or payments, under any applicable law, on or before the due date for such contributions or payments, (iii) the receipt of a notice by a Governmental Authority relating to the intention to terminate any such Foreign Pension Plan or to appoint a trustee to administer any such Foreign Pension Plan, or to the insolvency of any such Foreign Pension Plan and (iv) the incurrence of any liability of the Borrowers under applicable law on account of the complete or partial termination of such Foreign Pension Plan or the complete or partial withdrawal of any participating employer therein and (b) with respect to any Foreign Plan, (i) the occurrence of any transaction that is prohibited under any applicable law and could result in the incurrence of any liability by the Borrowers, or the imposition on the Borrowers of any fine, excise tax or penalty resulting from any noncompliance with any applicable law and (ii) any other event or condition that could reasonably be expected to result in liability of any of the Borrowers.

  • Partnership Change of Control means Tesoro Corporation ceases to Control the General Partner.

  • Significant Event means any Amortization Event or Event of Default.

  • Change of Control Triggering Event means the occurrence of both a Change of Control and a Rating Event.

  • Knock-out Event means the event as defined in §4(4).

  • Replacement Event shall have the meaning specified in Section 11.16.

  • De-listing Event means the situation where (i) the shares in the Issuer are not listed and admitted to trading on a Regulated Market or (ii) trading in the shares in the Issuer on the relevant Regulated Market is suspended for a period of fifteen (15) consecutive Business Days.