Cancellation Event means a customer instruction which would result in us breaching a law, regulation or sanction;
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.
Examples of Cancellation Event in a sentence
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.
More Definitions of Cancellation Event
Cancellation Event means an event described in the ISO tariff or paragraph 10 or 11 of this Construction Commitment Agreement which leads to or may lead to the cancellation of the Connection Project;
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 a situation where we elect at our 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 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 the occurrence of (i) a Sale of Company about which Arranger has not been notified, (ii) an Insolvency Proceeding with respect to Company, (iii) any representation or warranty by Company hereunder is incorrect when made and such inaccuracy has resulted or is reasonably likely to result in a Material Adverse Change, or (iv) a breach by Company of any covenants set forth in Section 5 or of any other term of this Agreement that has resulted or is reasonably likely to result in a Material Adverse Change.
Cancellation Event has the meaning set forth in Section 4.07(a).