Causal Event definition

Causal Event. , in relation to a policy, means one of the following events:
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Causal Event means –
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Causal Event means – a compromise, scheme of arrangement or composition by the Service Provider with any or all of its creditors; or LIQUIDATION OF THE SERVICE PROVIDER OR PLACEMENT OF THE SERVICE PROVIDER UNDER JUDICIAL MANAGEMENT, WHETHER PROVISIONALLY OR FINALLY; OR THE PLACEMENT OF THE SERVICE PROVIDER UNDER BUSINESS RESCUE PROCEEDINGS OR ANY SIMILAR ADMINISTRATION, WHETHER VOLUNTARILY OR UPON APPLICATION BY A THIRD PARTY; OR A CESSATION, OR A REASONABLE PROSPECT OF CESSATION (AS THE CASE MAY BE), OF THE CARRYING ON OF THE SERVICE PROVIDER'S NORMAL LINE OF BUSINESS; OR THE COMMISSION OF ANY ACT OR ANY OMISSION WHICH IF IT HAD BEEN DONE OR OMITTED TO BE DONE BY A NATURAL PERSON WOULD BE AN ACT OF INSOLVENCY IN TERMS OF THE INSOLVENCY ACT, 1936, WHETHER OR NOT THE SERVICE PROVIDER IS SUBJECT TO THE LAWS OF THE REPUBLIC OF SOUTH AFRICA; THE EXISTENCE OF CIRCUMSTANCES WHICH WOULD ALLOW FOR THE SERVICE PROVIDER TO BE SUBJECT TO ANY WINDING UP (WHETHER PROVISIONAL OR FINAL), JUDICIAL MANAGEMENT, dissolution, or business rescue proceedings (whether voluntary or upon application by a third party) (or, in respect of all the foregoing, any analogous arrangements under any law to which the Service Provider is subject) of the Service Provider under any law to which the Service Provider is subject regulating the bankruptcy, insolvency, winding up, judicial management, dissolution or rescue of corporate entities; ANY DISPOSAL BY THE SERVICE PROVIDER OF THE WHOLE OR THE GREATER PART OF ITS UNDERTAKING OR ASSETS (MEASURED BY VALUE), INCLUDING BY WAY OF A MERGER OR AMALGAMATION; OR SUBSEQUENT TO THE SERVICE PROVIDER SIGNING THIS AGREEMENT, ANY PERSON ACQUIRING CONTROL OF THE SERVICE PROVIDER;
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Examples of Causal Event in a sentence

  • If a Causal Event occurs, SANBS shall be entitled, but not obliged, to terminate this Agreement on written notice to the Service Provider, in which event such termination shall be without any liability to SANBS and without prejudice to any claims which SANBS may have for damages against the Service Provider.

  • The Committee shall be vested with all necessary and appropriate powers to carry out its purpose under these rules.c. UComposition:U The Committee shall consist of the ASUW Vice President, who will serve as temporary chairperson, a minimum of five(5) ASUW Senators with at least one (1) coming from Student Outreach and Programming, one (1) from Budget and Planning, and one (1) from Advocacy, Diversity and Policy, and two (2) ASUW Students-at-Large, with one (1) being a First- Year Senator.

  • Overlap between EVs and EMs As represented in Figure 5, EVs are licensed when the speaker tries to profile the portion of perception of evidence, for sure, and/or that of the origo’’s cognitiveEvidentials and Epistemic Modals in a Causal Event Structure processes of inference.

  • Next, a Causal Event changes the state of the environment (“oat milk“ “almond milk”).

  • As predicated, people were more likely to describe an event using agentive language following an agentive prime (n=53), and to describe an event using non-agentive language following a non-agentive prime(n=67) than following an agentive prime (n=40, x2 (1) = 9.79, P =002 (see figure 2a).Table 2: Examples of Causal Event Descriptions Agentive Responses Somebody broke the vase.

  • This has been defined as the date on which the benefits contained in the contract are fullyavailable to the policy holder.Policy termIn years or “1000” for whole life Causal Event DateFormat: “yyyy/mm/dd”.

  • TABLE 1-1Historical Summary of Pahrump Valley FEM BAM PM10 24-Hour High Concentrations Exceeding 150 µg/m3 between January 2004 and December 2010 with Primary Causal Event 2 HIGH WIND EXCEPTIONAL EVENT ANALYSIS 2.1 Description of Exceedances: March 29th and April 3rd, 2009 Exceedances of the PM10 NAAQS were recorded at the Town of Pahrump Manse School monitoring station on March 29th and April 3rd, 2009 due to high winds.

  • SubmodelsSCAMP has four perspectives, which may be considered submodels:• The Causal Event Graph (CEG), which models possible narratives that an agent may experience;• Geospace, which models the spatial environment of the agent;• Hierarchical Goal Networks, which model the agent’s strategic goals;• Each agent’s social network, maintained dynamically as the agent meets other agents.

  • The fundamental dynamic of SCAMP is agent choice over alternatives, and the main alternatives are recorded in a Causal Event Graph (CEG), a directed graph whose nodes are event types.

  • No Treasury Shares - Treatment of Purchased, Redeemed or AcquiredShares 35.


More Definitions of Causal Event

Causal Event means – a compromise, scheme of arrangement or composition by the Service Provider with any or all of its creditors; or liquidation of the Service Provider or placement of the Service Provider under judicial management, whether provisionally or finally; or the placement of the Service Provider under business rescue proceedings or any similar administration, whether voluntarily or upon application by a third party; or a cessation, or a reasonable prospect of cessation (as the case may be), of the carrying on of the Service Provider's normal line of business; or the commission of any act or any omission which if it had been done or omitted to be done by a natural person would be an act of insolvency in terms of the Xxxxxxxxxx Xxx, 0000, whether or not the Service Provider is subject to the laws of the republic of South Africa; the existence of circumstances which would allow for the Service Provider to be subject to any winding up (whether provisional or final), judicial management, dissolution, or business rescue proceedings (whether voluntary or upon application by a third party) (or, in respect of all the foregoing, any analogous arrangements under any law to which the Service Provider is subject) of the Service Provider under any law to which the Service Provider is subject regulating the bankruptcy, insolvency, winding up, judicial management, dissolution or rescue of corporate entities; ANY DISPOSAL BY THE SERVICE PROVIDER OF THE WHOLE OR THE GREATER PART OF ITS UNDERTAKING OR ASSETS (MEASURED BY VALUE), INCLUDING BY WAY OF A MERGER OR AMALGAMATION; OR SUBSEQUENT TO THE SERVICE PROVIDER SIGNING THIS AGREEMENT, ANY PERSON ACQUIRING CONTROL OF THE SERVICE PROVIDER;
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Causal Event means; (i) a compromise or composition or threatened compromise or composition by the Supplier with its creditors; (ii) provisional or final liquidation of the Supplier or placement of the Supplier in judicial management, whether provisionally or finally; (iii) in circumstances where there is a default or cessation or a reasonable prospect of default or cessation (as the case may be) of the Supplier's normal line of business; (iv) commitment of any act or omission which would, in the case of an individual, be an act of insolvency in terms of the Insolvency Act, 1936 (as amended); (v) disposal by the Supplier of a material portion of its undertaking or assets; or (vi) any change in the control or material change in the shareholding of the Supplier. The Causal Events set forth in sub clauses (iv), (v) and (vi) are subject to the further qualification that they shall only be considered Causal Events where PetroSA, acting in good faith, considers such events to be detrimental to it for sound business reasons.
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Causal Event. , in relation to a contract, means one of the following events:
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Causal Event means (i) a compromise or composition or threatened compromise or composition by a Party with its creditors; (ii) provisional or final liquidation of a Party or the placement of a Party under judicial management, whether provisionally or finally; (iii) in circumstances where there is a default or cessation or a reasonable prospect of default or cessation (as the case may be) of a Party’s normal line of business; (iv) commitment of any act or omission which would, had that Party been an individual, be an act of insolvency in terms of the Insolvency Act, 1936 (as amended); (v) disposal by Spike of a material portion of its undertaking or assets which may impact on its ability to render the Services; (vi) The Client becomes aware that that Spike is Financially Distressed; (vii) Spike is contemplating, considering, discusses or agrees to any Business Rescue or proposes to do any of these things or (vii) any person is proposing to take, or taking, any step to apply to court or actually applies to court for the Business Rescue of Spike;
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Causal Event means (i) a compromise or composition or threatened compromise or composition by the Service Provider with its creditors; (ii) provisional or final liquidation of the Service Provider or placement of the Service Provider in judicial management, whether provisionally or finally; (iii) in circumstances where there is a default or cessation or a reasonable prospect of default or cessation (as the case may be) of the Service Provider's normal line of business; (iv) commitment of any act or omission which would, in the case of an individual, be an act of insolvency; (v) disposal by the Service Provider of a material portion of its undertaking or assets; or
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Causal Event means – 10
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Related to Causal Event

  • Material Event or “Material Information” shall mean such event or information as set out in the Schedule or as may be determined in terms of Clause 3 of the Policy. In the Policy, the words, “material” and “materiality” shall be construed accordingly.

  • Special Event means any of a Tax Event, an Investment Company Event or a Capital Treatment Event.

  • Medical event means an improper administration of radiation or radioactive material to a patient or human research subject that requires reporting to the department.

  • Default Event means the occurrence of any of the following events:

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

  • Notice Event means any of the events enumerated in paragraph (b)(5)(i)(C) of the Rule and listed in Section 4(a) of this Disclosure Agreement.

  • Delay Event means any event set out at Clause 5.19.4 [Delay Events].

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

  • Capital Event means and includes: (i) any transaction involving the sale, exchange or other disposition of the Project or the Company (but excluding any incidental sales or exchanges of tangible personal property and fixtures), (ii) any financing, refinancing or borrowing secured by the Project or the Company, and (iii) any condemnation or recovery of damage awards and property insurance proceeds (excluding proceeds from any rent or business interruption insurance).

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Book-Up Event means an event that triggers a positive adjustment to the Capital Accounts of the Partners pursuant to Section 5.5(d).

  • Release Event has the meaning set forth in Section 6(b).

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

  • 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.

  • Terminating Event means any of the following events:

  • Material Event of Default means any Event of Default arising under Section 10.01(a), 10.01(b) (solely with respect to a default related to Section 8.01, 8.20 or 9.13), 10.01(f), 10.01(i), 10.01(j), 10.01(n) or 10.01(o).

  • Dissolution Event means (i) a voluntary termination of operations, (ii) a general assignment for the benefit of the Company’s creditors or (iii) any other liquidation, dissolution or winding up of the Company (excluding a Liquidity Event), whether voluntary or involuntary.

  • Special event permit means a permit granted by the Division

  • Application Event means the occurrence of (a) a failure by Borrowers to repay all of the Obligations in full on the Maturity Date, or (b) an Event of Default and the election by Agent or the Required Lenders to require that payments and proceeds of Collateral be applied pursuant to Section 2.4(b)(iii) of this Agreement.