Cancellation Event definition

Cancellation Event means a situation where we elect at our sole and absolute discretion to cancel an FX Contract under the terms of this Agreement or due to: your death, illness, threat of legal action against you or an Insolvency Event.

Cancellation Event as defined in Section 15(b) of the Lease, and shall include a Loss Event.

Cancellation Event means a customer instruction which would result in us breaching a law, regulation or sanction;

Examples of Cancellation Event in a sentence

• Immediately before the consummation of a Class B Cancellation Event, (i) all Class B Units shall automatically be canceled and eliminated, cease to exist and no longer be Outstanding and (ii) each holder of such canceled Class B Units shall automatically cease to have any rights with respect thereto.

• In addition we reserve the right to charge a cancellation fee to cover our costs of Closing Out the position together with a compensating sum calculated by us as being equal to the loss suffered by us in connection with the cancellation together with interest calculated at the Bank of England base rate plus 2% for each day between the Cancellation Event and payment to us.

• In addition we reserve the right to charge a cancellation fee to cover our costs of Closing Out the position together with a compensating sum calculated by us as being equal to the loss suffered by us in connection with the cancellation together with interest at a rate of interest of Bank of England base rate plus 2% on such compensating sum for each day between the Cancellation Event and payment to us.

• You may be required to provide MSCI with a written certification or other evidence that it deems appropriate, in its sole discretion, to confirm that no Cancellation Event has occurred.

• The Arranger shall, following the occurrence of a Cancellation Event and by written notice to the other Parties, be entitled to cancel all or any of the facilities which it is required to make available to any Borrower pursuant to this Agreement and which, as at the time of such Cancellation Event, have not yet been so made available.

More Definitions of Cancellation Event

Cancellation Event means, that in the determination of the Calculation Agent, all or some of the Debt Securities, are terminated or cancelled for any reason, and as a result thereof in the sole discretion of the Calculation Agent, such termination or cancellation either affects the aggregate hedge positions in respect of the Warrants or otherwise makes it impossible, impracticable or unduly onerous for the Issuer or the hedge provider to hedge the Issuer's obligations in respect of the Warrants;

Cancellation Event means an event described in the ISO tariff or paragraph 11 of this Construction Commitment Agreement which leads to or may lead to the cancellation of the Connection Project;

Cancellation Event means, and shall be deemed to occur upon, the cessation of Recipient’s employment with Eclipsys or any of its Affiliates or its successor (other than in situations in which the Recipient is or is becoming a member of the Board of Directors of Eclipsys) for any reason, including without limitation resignation by Recipient with or without good reason, or termination of employment by Eclipsys or any Affiliate or its successor with or without cause. If Recipient is a member of the Board of Directors of Eclipsys, a Cancellation Event means, and shall be deemed to occur upon, cessation of Recipient’s service as a director of Eclipsys, unless at the time of such cessation Recipient is then an employee of Eclipsys or any of its Affiliates, in which case Recipient shall thereafter be treated as an employee for these purposes.

Cancellation Event means the situation where the Client determines that they wish to cancel a Deal or where the terms of this Agreement afford Navigate the right to cancel a Client’s Deal(s) or to terminate this Agreement and any Deals entered into thereunder. Client, you or your means the person or entity named as the Client in the application to open an account with Navigate, together with the Client's:

Cancellation Event means, that in the determination of the Calculation Agent, all or some of the Debt Instruments are redeemed prior to their stated maturity date for any reason, and as a result thereof it is impossible, impracticable or unduly onerous for the Issuer or its Affiliates to hedge the Issuer's obligations in respect of the Notes;

Cancellation Event means, and shall be deemed to occur upon the happening of, any of the following events or circumstances:

Cancellation Event has the meaning set forth in Section 4.07(a).