Cessation Event definition

Cessation Event means, in respect of a Member:

Cessation Event means, in respect of any Securities and a Relevant Benchmark, the occurrence or existence, as determined by the Calculation Agent, of one or more of the following events:

Cessation Event means:if a Member is an individual:death or bankruptcy of that Member; orthat Member becoming of unsound mind or becoming a person whose property is liable to be dealt with under a law about mental health;in all other cases-the Member:has a receiver or manager of its property appointed;resolves to call a meeting of its creditors for the purposes of placing it under official management and appoints an official manager; is ordered to be wound up under an order of any court; orresolves by special resolution to be wound up.

Examples of Cessation Event in a sentence

• A person will cease to be a member of the company if a Cessation Event occurs in respect of that member.

• If, however, at the time of a Member Cessation Event, Springing Member 1 has died or is otherwise no longer able to step into the role of Special Member, then in such event, Springing Member 2 shall, concurrently with the Member Cessation Event, and without any action of any Person and simultaneously with the Member Cessation Event, automatically be admitted to the Company as Special Member and shall continue the Company without dissolution.

• It will be deter- mined by the Issuer in line with the conditions provided for in the Terms and Conditions.An Reference Rate Cessation Event may also result in an extraordinary termination of the Securi- ties by the Issuer.

• For the purposes of Regulation (EU) No. 2016/1011 of the European Parliament and of the Council of 8 June 2016 (the "Benchmark Regulation"), EMMI is included in ESMA’s register of administrators under Article 36 of the Benchmark Regulation as at the date of this Securities Note.In case of a Reference Rate Cessation Event on or before any Interest Determination Date, the Reference Rate will be replaced by an economically appropriate Replacement Reference Rate.

• If, at the time of a Member Cessation Event, Independent Manager One has died or is otherwise no longer able to step into the role of Special Member, then, in such event, the other Independent Manager shall, concurrently with the Member Cessation Event, and without any action of any Person and simultaneously with the Member Cessation Event, automatically be admitted to the LLC as a Special Member and shall continue the LLC without dissolution.

More Definitions of Cessation Event

Cessation Event means: the winding up, cessation or deregistration of that Member under the laws of the jurisdiction of its registration.

Cessation Event shall have the meaning set forth in Section 6.1(a).

Cessation Event means that the notice set forth in the following clause (e) shall have been validly given and that one of the events set forth in the following clauses (a), (b), (c) or (d) shall have occurred and be continuing: (a) the then holder of the tenant's interest in the CSFB Lease and the Tenant are not, and will not as of Inclusion Date (as such term is hereinafter defined) be, Affiliates, or (b) the physical capacities of the systems, equipment and machinery of the then tenant under the CSFB Lease are no longer capable of continuing to furnish to the demised premises air-conditioning service in the same quantities as Landlord would, under Section 27.04(1), be required to furnish Tenant, or (c) Landlord has, as of the Inclusion Date, recaptured or subleased all of the entire 13th floor of the Building, or (d) Tenant has, as of the Inclusion Date, subleased the entire 13th floor and (e) Tenant has furnished Landlord with a written notice (the "Cessation Notice") setting forth the occurrence and continuance of one of the events set forth in clauses (a), (b), (c) or (d) of this Section 20.19 and requesting that Landlord commence the furnishing of air-conditioning to the demised premises on the basis set forth Section 27.04(f) on the date set forth in such notice requesting such services, which date (the "Inclusion Date,") may not be earlier than sixty (60) days subsequent to Landlord's receipt of such notice. Tenant's right and election to request that Landlord furnish the services described in clause (e) of this Section 20.19 shall be a one-time only right and once exercised, Tenant may not thereafter reconnect (or require Landlord to reconnect) all or any portion of the demised premises to the air-conditioning systems and equipment servicing all or any portion of the space demised to the tenant under the CSFB Lease.

Cessation Event has the meaning set forth in Section 11.2.4.

Cessation Event has the meaning set forth in Section 3.2.4.

Cessation Event has the meaning ascribed thereto in Section 5.03(b).

Cessation Event means, prior to the earliest of (x) a Change of Control pursuant to clauses (1) or (3) of the definition of Change of Control in the Indenture, (y) the satisfaction of the Market Capitalization/Liquidity Threshold or (z) the Company ceasing to be a "controlled company" pursuant to the rules of The New York Stock Exchange, Philip A. Fxxxxxx’x xxxxxxx xx be the Chairman of the Board or the Chief Investment Officer of the Company (or ceasing to perform the functions commonly associated with either of such positions), for a period in excess of ninety (90) consecutive days for any reason other than temporary disability.