Call Option Trigger Event definition

Call Option Trigger Event has the meaning set forth in Section 4.1(b)(ii).
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Call Option Trigger Event means the first of the following to occur: (1) any portion of the aggregate amount (including principal and any accrued but unpaid interest) outstanding under the Convertible Note shall have been converted into Class A Ordinary Shares at a conversion price of less than US$18.00 per Class A Ordinary Share, or converted into ADSs at a conversion price of less than US$9.00 per ADS, or converted into any Company Security other than Class A Ordinary Shares or ADSs; (2) as of the maturity date of the Convertible Note (taking into account any extension permitted by Section 4.11 of the Purchase Agreement), less than all of the aggregate amount (including principal and any accrued but unpaid interest) outstanding under the Convertible Note shall have been converted into Class A Ordinary Shares or ADSs, and with respect to the portion of the aggregate amount outstanding under the Convertible Note not so converted, the Company shall have not repaid such portion in full with the Company’s own cash funds or by cash proceeds from a CB Repayment Loan; or (3) the Investor or any of its Affiliate shall have validly exercised the Step-in Right with respect to a CB Repayment Loan.
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Call Option Trigger Event means the occurrence of any of the following events:
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Examples of Call Option Trigger Event in a sentence

  • Hiscox shall forfeit its right to designate the Hiscox Director upon the occurrence of a Call Option Trigger Event, following which Hiscox shall cause any person designated by it to the Board to resign from the Board and any committee of the Board (and, unless otherwise requested by the Company, the board of directors (or equivalent governing body) of any Subsidiary of the Company or the Fund) with immediate effect.

  • Trial staff at the MRC CTU at UCL will perform this task; hence it is vital to receive full contact details for all investigators prior to their entering patients.

  • Subject to clause 11.2, BBI hereby unconditionally and irrevocably grants Brookfield an option (exercisable in its absolute discretion) to acquire all of the ownership interests of PD Ports at the Applicable Price and otherwise on the Agreed Terms, such option being exercisable at any time during the Call Option Period following the occurrence of the Call Option Trigger Event.

  • Such notice shall be sent no later than the fifth business day following the Call Option Trigger Event, the Price Protection Trigger Event or the Put Option Trigger Event, as the case may be.

  • Each of Call Option 2 and Call Option 3 shall lapse on the date that is thirty (30) calendar days after the occurrence of the applicable Call Option Trigger Event if the Company has not delivered the Call Option Exercise Notice before then.


More Definitions of Call Option Trigger Event

Call Option Trigger Event has the meaning given in clause 8.2;
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Call Option Trigger Event means the first of the following to occur:
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Call Option Trigger Event means the date on which the Merger Agreement has been terminated for any reason prior to consummation of the Merger, other than termination due to (aa) failure of any waiting period under the HSR Act applicable to the Merger to have expired or terminated, (bb) any permanent injunction or other order by any federal or state court preventing consummation of the Merger or (cc)(i) Target validly terminating the Merger Agreement pursuant to Section 9.1(b)(i) thereof and (ii) the absence of a right by AIMCO to validly terminate the Merger Agreement pursuant to Section 9.1(b)(i) thereof. For purposes of this Agreement, "Price Protection Trigger Event" means the date which is five business days after the occurrence of a Call Option Trigger Event, provided that no exercise of the Call Option has been delivered by the last day for the giving of such notice. For purposes of this Agreement, a "Put Option Trigger Event" means the date on which the Merger Agreement has been validly terminated by Target pursuant to Section 9.1(b)(i) thereof, but if, and only if, AIMCO did not have the right to validly terminate the Merger Agreement pursuant to Section 9.1(b)(i) thereof on the date of such termination. In the event AIMCO wishes to exercise the Call Option, or the Stockholder wishes to exercise the Price Protection Right or the Put Option, such exercising party shall send written notice (which shall be irrevocable) to the other party specifying that it wishes to purchase the Stockholder's Shares, in the case of the Call Option, receive the Price Protection Payment, in the case of the Price Protection Right, or sell the Stockholder's Shares, in the case of the Put Option, and a date (the "Closing Date") for the closing of such purchase or receipt of such payment (a "Closing"). Such notice shall be sent no later than the fifth business day following the Call Option Trigger
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Call Option Trigger Event means the Transaction not proceeding for any reason other than solely as a result of BBI validly terminating this agreement in accordance with clause 14.1(c) or for failure by Brookfield to effect Transaction Completion when obliged to do so.
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Related to Call Option Trigger Event

  • Initial Triggering Event means any of the following events or transactions occurring after the date hereof:

  • Put Option Event means a Change of Control Event.

  • Auto-Call Trigger Event means an event which occurs if, in the determination of the Calculation Agent, the Index Performance as of the Valuation Time on an Auto-Call Valuation Date is greater than or equal to the relevant Auto-Call Trigger Level.

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

  • Subsequent Triggering Event means any of the following events or transactions occurring after the date hereof: (i) The acquisition by any person (other than Grantee or any Grantee Subsidiary) of beneficial ownership of 25% or more of the then outstanding Common Stock; or (ii) The occurrence of the Initial Triggering Event described in clause (i) of subsection (b) of this Section 2, except that the percentage referred to in clause (z) of the second sentence thereof shall be 25%.

  • Voting Rights Triggering Event means the failure of the Company to pay dividends on the Preferred Stock with respect to six or more quarterly periods (whether or not consecutive).

  • Notice-triggering PI means the PI identified in CCC § 1798.29(e) whose 25 unauthorized access may trigger notification requirements under CCC § 1709.29. For purposes of this 26 provision, identity shall include, but not be limited to, name, identifying number, symbol, or other 27 identifying particular assigned to the individual, such as a finger or voice print, a photograph or a 28 biometric identifier. Notice-triggering PI includes PI in electronic, paper or any other medium.

  • Covenant Trigger Event shall occur at any time that Availability is less than the greater of (a) $12.5 million and (b) 10% of the Line Cap then in effect. Once commenced, a Covenant Trigger Event shall be deemed to be continuing until such time as Availability equals or exceeds the greater of (i) $12.5 million and (ii) 10% of the Line Cap then in effect for 30 consecutive days.

  • Company Triggering Event shall be deemed to have occurred if: (a) the Company shall have made a Company Board Adverse Recommendation Change; (b) the Company Board or any committee thereof shall have publicly approved, endorsed or recommended any Acquisition Proposal; or (c) the Company shall have entered into any letter of intent or similar document relating to any Acquisition Proposal in violation of the terms of the Agreement.

  • Ratings Trigger Event has the meaning set forth in Section 3.14 of the Sale and Servicing Agreement.

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Trigger Event shall have the meaning specified in Section 14.04(c).

  • Trigger Event Date means a date on which a Trigger Event has occurred as determined by the Calculation Agent.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Flip-In Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Exercise Termination Event (i) the Effective Time (as defined in the Merger Agreement) of the Merger; (ii) termination of the Merger Agreement in accordance with the provisions thereof if such termination occurs prior to the occurrence of an Initial Triggering Event, except a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional); or (iii) the passage of 12 months after termination of the Merger Agreement if such termination follows the occurrence of an Initial Triggering Event or is a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional) (provided that if an Initial Triggering Event continues or occurs beyond such termination and prior to the passage of such 12-month period, the Exercise Termination Event shall be 12 months from the expiration of the Last Triggering Event but in no event more than 18 months after such termination). The "Last Triggering Event" shall mean the last Initial Triggering Event to expire. The term "Holder" shall mean the holder or holders of the Option.

  • Automatic Early Redemption Event means that:

  • Carve-Out Trigger Notice means a written notice delivered by the Administrative Agent or the Required Lenders (which delivery may be made by any electronic method of transmission) to the Borrower and its counsel, the United States Trustee, and lead counsel to any Committee, which notice may be delivered following the occurrence and continuance of an Event of Default, and stating that the Post-Carve-Out Trigger Notice Cap has been invoked.

  • Prepayment Distribution Trigger With respect to any Distribution Date and any Class of Subordinate Certificates (other than the Class M-1 Certificates), a test that shall be satisfied if the fraction (expressed as a percentage) equal to the sum of the Certificate Principal Balances of such Class and each Class of Subordinate Certificates with a Lower Priority than such Class immediately prior to such Distribution Date divided by the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) immediately prior to such Distribution Date is greater than or equal to the sum of the related Initial Subordinate Class Percentages of such Classes of Subordinate Certificates.

  • ii) Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Triggering Event means any Section 11(a)(ii) Event or any Section 13 Event.

  • Early Redemption Event means that R (k) is equal to or greater than the Early Redemption Level (k) on the respective Observation Date (k).

  • Sequential Trigger Event With respect to any Distribution Date, a Sequential Trigger Event is in effect if (a) with respect to any Distribution Date occurring before July 2009, the circumstances in which the aggregate amount of Realized Losses incurred since the Cut-off Date through the last day of the related Prepayment Period divided by the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date exceeds 0.20% and (b) with respect to any Distribution Date occurring in or after July 2009, a Trigger Event is in effect.

  • Early Preference Share Redemption Event means the event that occurs if:

  • Swap Provider Trigger Event A Swap Termination Payment that is triggered upon: (i) an Event of Default under the Interest Rate Swap Agreement with respect to which the Swap Provider is a Defaulting Party (as defined in the Interest Rate Swap Agreement), (ii) a Termination Event under the Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party (as defined in the Interest Rate Swap Agreement) or (iii) an Additional Termination Event under the Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party.

  • Flip-Over Event means any event described in clause (x), (y) or (z) of Section 13(a) hereof.