Business Event definition

Business Event means any activity, such as an industry conference, networking event, meeting or business meal, where the primary purpose is to engage in analytical, research or information-gathering activities (for AG Employees) or to conduct commercial activities (for BRM Employees).

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Business Event means the occurrence or existence at any time (i) during the period beginning on the date hereof until the first anniversary of the Closing Date, of the daily average number of lenders participating on the mortgage network exchange operated by Parent and its Affiliates, as measured for any calendar quarter, being less than 100, or (ii) during the period beginning on the Closing Date until the first anniversary thereof, of Parent’s and its Affiliates’ Measurement Period Revenue (as defined below) measured as of any of the end of the First Measurement Period, any Subsequent Measurement Period or the Final Stub Period (in each case, as defined below) being less than $20,000,000. For the avoidance of doubt, the occurrence or existence of a Business Event shall not be subject to cure.”.

Business Event means the occurrence or existence at any time (i) during the period beginning on the date hereof until the second anniversary of the date hereof, of the daily average number of lenders participating on the mortgage network exchange operated by Parent and its Affiliates, as measured for any calendar quarter, being less than 100, or (ii) during the period beginning on the Closing Date until the second anniversary of the date hereof, Parent’s and its Affiliates’ Measurement Period Revenue (as defined below) measured as of any of the end of the First Measurement Period, any Subsequent Measurement Period or the Final Stub Period (in each case, as defined below) being less than $20,000,000. For the avoidance of doubt, no failure of the conditions set forth in clauses (i) and (ii)) above shall be subject to cure.

Examples of Business Event in a sentence

• In the event of a Material Business Event, the Committee may take any of the actions contemplated under Section 14 of the Plan with respect to this Award and/or the Shares.

• Also, the Issuers need not exchange or register the transfer of any Notes for a period of 30 days before the mailing of a notice of redemption of Notes to be redeemed or during the period between a record date and the next succeeding Interest Payment Date or tendered and not withdrawn in connection with a Change of Control Offer, Asset Sale Offer or Fertilizer Business Event Offer.

• The Company shall give the Holder of this Warrant seven (7) business days (the "Merger Exercise Period") prior written notice of a Business Event.

• To the extent that the provisions of any securities laws or regulations conflict with the Fertilizer Business Event provisions of this Indenture, the Issuers will comply with the applicable securities laws and regulations and will not be deemed to have breached their obligations under the Fertilizer Business Event provisions of this Indenture by virtue of such compliance.

• The Fertilizer Business Event Offer shall be made to all Holders of Notes and First Lien Notes.

• The Fertilizer Business Event Offer shall be made to all Holders of Notes and Second Lien Notes.

• For the purposes of clarification, nothing in this Section 5.02 shall apply to a Fertilizer Business Event.

• The offer price (a “Fertilizer Business Event Payment”) for the Notes and the First Lien Notes will be equal to 103% of the principal amount of the Notes and the First Lien Notes purchased, plus accrued and unpaid interest on the Notes and the First Lien Notes to the date of purchase, and will be payable in cash.

• The Company shall give the Holder of this Warrant thirty (30) days (the “Merger Exercise Period”) prior written notice of a Business Event.

• In addition, a Fertilizer Business Event shall not be deemed the sale, assignment, transfer, conveyance, lease or disposal of “all or substantially all” of the properties and assets of the Issuer and its Restricted Subsidiaries.

More Definitions of Business Event

Business Event means a business event to which Part 2 of the COVID-19 (Temporary Measures) (Business Events — Control Order) Regulations 2021 (G.N. No. S 278/2021) applies;

Business Event the closing of (A) the sale by the Company of all or substantially all of its assets, (B) the sale or exchange in a single transaction, or a series of related transactions, of shares of capital stock of the Company representing at least a majority of the issued and outstanding shares of capital stock of the Company (measured on the basis of voting power), or (C) the merger or consolidation of the Company with or into another entity in a transaction where the shares of the Company's capital stock outstanding immediately prior to the closing of such merger or consolidation represent or are converted into or exchanged for shares that represent less than a majority of the shares of capital stock of the resulting or surviving entity outstanding immediately after the closing of such merger or consolidation.

Business Event means the occurrence or existence at any time (i) during the period beginning on the date hereof until the second anniversary of the date hereof, of the daily average number of lenders participating on the mortgage network exchange operated by Parent and its Affiliates, as measured for any calendar quarter, being less than 100, or (ii) during the period beginning on the Closing Date until the second anniversary of the date hereof, Parent's and its Affiliates' Measurement Period Revenue (as defined below) measured as of any of the end of the First Measurement Period, any Subsequent Measurement Period or the Final Stub Period (in each case, as defined below) being less than $20,000,000. For the avoidance of doubt, no failure of the conditions set forth in clauses (i) and (ii) shall be subject to cure.