Closure Event definition

Closure Event means the Issuer has been notified (i) that the Central Depository or other clearing system in respect of the Notes has been closed for business for a continuous period of14 calendar days (other than by reason of holiday, statutory, technical maintenance or otherwise) or has announced an intention permanently to cease business or has in fact done so and no successor clearing system is available, (ii) that any form of insolvency proceedings was commenced in respect of (a) Clearstream (if it is a Custodian), (b) Euroclear (if it is a Custodian), and/or (c) any other Custodian holding any Notes on behalf of Clearstream and/or Euroclear (as applicable);
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Closure Event means Operator elects or is forced by law or action of a Governmental Entity to close, abandon, transfer or place in trust the Operator Property.
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Closure Event means any period of time during which [University name] closes campus, suspends in- person/onsite learning, converts all courses to online/distance learning, orders the vacation of University housing; governmental or university officials declare a state of emergency and/or restrict individuals’ ability to travel or congregate; when in-person/onsite learning is deemed impractical or unfeasible; the Chapter’s charter is suspended or revoked by Delta Phi Epsilon Sorority (the “Sorority”); the Sorority suspends Chapter operations or housing; the Chapter’s recognition as a sorority is revoked by the University; or the University bans Greek life activities on campus.
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Examples of Closure Event in a sentence

  • Road maintenance may occur when funding is available.Nonpoint-source sediment-delivery from roads may occur.

  • In such an Unexpected Market Closure Event, the Final Settlement Payment referenced in paragraph (c) below may be delayed to a Business Day later than the second Business Day following the termination of trading.

  • Unexpected Market Closure Indexes Methodology, following the detection of an Unexpected Market Closure Event.

  • In the event of an Unexpected Market Closure Event (as defined in section 2.1 of the Rulebook for MSCI Unexpected Market Closure Indexes10) on the Last Trading Day of an expiring contract, the Final Settlement Value for the affected delivery month will not be calculated as stated in paragraph(a) above, but shall be calculated by MSCI in accordance with the MSCI Unexpected Market Closure Index Methodology or any subsequent methodology published by MSCI.

  • In the event of an Unexpected Market Closure Event (as defined in section 2.1 of the Rulebook for MSCI Unexpected Market Closure Indexes7) on the Last Trading Day of an expiring contract, the Final Settlement Value for the affected delivery month will not be calculated as stated in paragraph (a) above, but shall be calculated by MSCI in accordance with the MSCI Unexpected Market Closure Index Methodology or any subsequent methodology published by MSCI.

  • Should a Full Closure Event occur either the University or the Resident may terminate this agreement by serving a Break Notice on the other party at any time on or after notice by the University of a Full Closure Event.

  • As agreed in the Addendum of Phase I Project; Launch Event of Phase II Project was organized on 21 February 2019 in Ankara as a joint activity with the Closure Event of Phase I Project in order to achieve sound financial management, transfer of experience, good practices and lessons learnt to the new Phase and to sustain future cooperation with the stakeholders of both Projects.

  • However, where a Closure Event prevents the payments being made to such persons, the Persons shown for the time being in the records of Clearstream and/or Euroclear (as applicable) shall have the right to receive the payments directly from the Issuer subject to Condition 3.4.

  • Upon the occurrence of a Course Closure Event, the Trustee must calculate the Entitled Student Amounts for the Entitled Students.

  • If you elected a Primary Resort and a Specific Week for your pass, you will be eligible for a refund under this policy as calculated in Section C.4 below if the Primary Resort you selected is closed for three (3) or more days during your Specific Week because of a Resort Closure Event.


More Definitions of Closure Event

Closure Event means that for a minimum period of 180 consecutive days, the Mine shall not produce or sell Au for commercial purposes;
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Closure Event means the Issuer has been notified (i) that the Central Depository or other clearing system in respect of the Notes has been closed for business for a continuous period of
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Related to Closure Event

  • Recapture Event means any of the following events:

  • Environmental Management Plan or “EMP” means the environmental management plan for the Project, including any update thereto, incorporated in the IEE;

  • Barrier Event means that R (final) is lower than the Barrier.

  • Ownership Change Event means the occurrence of any of the following with respect to the Company: (i) the direct or indirect sale or exchange in a single or series of related transactions by the stockholders of the Company of securities of the Company representing more than fifty percent (50%) of the total combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of Directors; (ii) a merger or consolidation in which the Company is a party; or (iii) the sale, exchange, or transfer of all or substantially all of the assets of the Company (other than a sale, exchange or transfer to one or more subsidiaries of the Company).