Completion Event definition

Completion Event means a Perfection Event;
Completion Event means, following a Restructuring Event, the publication of the notice by the Swiss Resolution Authority that the Guarantor Restructuring Proceedings have been completed; provided, however, that if the Restructuring Event occurred as a result of Bank Restructuring Proceedings only, and no Guarantor Restructuring Event has since occurred, then it means the publication of the notice by the Swiss Resolution Authority that the Bank Restructuring Proceedings have been completed (the Company hereby agreeing to provide a copy of any notice referred to in this definition directly to DTC with an informational copy to the Trustee).
Completion Event. The date on which all of the following events have occurred: (i) the Improvements have been completed by Borrower in substantial accordance with the Plans and Specifications, as evidenced by receipt by Administrative Agent of a Certificate of Substantial Completion covering the Improvements executed by the General Contractor and architect, (ii) final certificates of occupancy (or their equivalent) have been issued by the appropriate Governmental Authority for all of the apartment units, (iii) receipt by Administrative Agent of final lien waivers and releases satisfying all applicable Requirements from the General Contractor, each Major Subcontractor and any other subcontractors as requested by Administrative Agent with respect to all labor and/or material provided in connection with the construction of the Improvements evidencing that such amounts have been paid in full (other than with respect to amounts for which liens have been filed on the Property and which have been bonded around by Borrower in accordance with applicable Requirements and this Agreement); and (iv) the Title Company has issued a down date endorsement to the Loan Title Policy confirming that there are no mechanic's or materialman's liens outstanding against the Property, an endorsement deleting the general exception for mechanics’ liens and, if no further Advances of the Loans will be made after such time, deleting the exception for pending disbursements.

Examples of Completion Event in a sentence

  • Notwithstanding the foregoing, if at the time of the Completion Event, the Guarantor is not and will not be required to deduct Swiss withholding tax from interest payments on the Notes under Swiss laws in effect at such time (as promptly notified to the Trustee by the Guarantor), the Guarantor may, but will not be required to, exchange the Notes pursuant to a Post-Restructuring Exchange.

  • Notwithstanding the foregoing, if at the time of the Completion Event, the Guarantor is not and will not be required to deduct Swiss withholding tax from interest payments on the Securities under Swiss laws in effect at such time (as promptly notified to the Trustee by the Guarantor), the Guarantor may, but will not be required to, exchange/redeem the Securities pursuant to a Post-Restructuring Exchange.

  • Notwithstanding the foregoing, if at the time of the Completion Event, the Guarantor is not and will not be required to deduct Swiss withholding tax from interest payments on the Notes under Swiss laws in effect at such time (as promptly notified to the Trustee by the Guarantor), the Guarantor may, but will not be required to, exchange/redeem the Notes pursuant to a Post-Restructuring Exchange.

  • After the Completion Event has occurred, Borrower will keep the Property in good order, repair, condition and appearance, causing all necessary structural and non-structural repairs, renewals, replacements, additions and improvements to be promptly made, and will not commit any active or physical waste of the Property.

  • The previous sentence does shall apply in the case of a Delayed Completion Event as referred to under (c) of the definition of a Delay Event.

  • The Village Building Inspector will inspect and confirm that plumbing items are completed in accordance with applicable codes.

  • The Construction Agent shall pay upon demand all reasonable costs, expenses, losses, expenditures and damages (including, without limitation, attorneys' fees and disbursements) actually incurred by or on behalf of the Lessor in connection with any Construction Agency Event of Default and, in the case of a Non- Completion Event, the Construction Agent shall make the Completion Costs Payment to the Lessor.

  • After the Completion Event has occurred, Borrower will keep the Property occupied so as not to impair the insurance carried thereon.

  • Times Allowed for Completion Contractual Completion Event Milestones – Milestones are further defined in Section 01140, Work Restrictions and Section 00800, Supplementary Conditions.

  • Supervening Event A Force Majeure Event, a Delay Event, a Delayed Completion Event, or a Compensation Event.


More Definitions of Completion Event

Completion Event means that either (i) the Aggregate Purchase Amount is equal to (or as close as possible to but without exceeding) the Target Amount or (ii) the number of SDRs purchased under this Agreement is equal to the Target Number of SDRs.
Completion Event means that the Aggregate Purchase Amount is equal to (or as close as possible to but without exceeding) the Target Amount or the number of SDRs purchased under this Agreement is equal to the Target Number of SDRs.
Completion Event means any to occur of:
Completion Event means either: (i) Admission; (ii) Alternative Admission; or (iii) a De- listing Event;
Completion Event means the date on which all of the following events have occurred: (a) the Improvements have been Substantially Completed; (b) receipt by Lender of a certificate of completion covering the Improvements executed by Contractor and Architect, if required by Lender; (c) final certificates of occupancy for all of the Improvements have been issued by the appropriate Governmental Authority; (d) receipt by Lender of evidence satisfactory to Lender that all invoices for labor and/or material provided in connection with the construction of the Improvements have been paid in full together with full and final unconditional lien waivers and releases by Contractor and all first tier subcontractors and suppliers; and (e) the Title Company has issued a down date or other similar endorsement to the Title Policy confirming that there are no mechanic’s or materialman’s liens outstanding against the Property and an endorsement deleting the general exception for mechanics’ liens, if any, and, if no further disbursements of the Loan will be made after such time, deleting the exception for pending disbursements.
Completion Event means the occurrence of any of the following:

Related to Completion Event

  • Put Option Event means a Change of Control Event.

  • Notification Event means (a) the occurrence of a “reportable event” described in Section 4043 of ERISA for which the 30-day notice requirement has not been waived by applicable regulations issued by the PBGC, (b) the withdrawal of any Loan Party or ERISA Affiliate from a Pension Plan during a plan year in which it was a “substantial employer” as defined in Section 4001(a)(2) of ERISA, (c) the termination of a Pension Plan, the filing of a notice of intent to terminate a Pension Plan or the treatment of a Pension Plan amendment as a termination, under Section 4041 of ERISA, if the plan assets are not sufficient to pay all plan liabilities, (d) the institution of proceedings to terminate, or the appointment of a trustee with respect to, any Pension Plan by the PBGC or any Pension Plan or Multiemployer Plan administrator, (e) any other event or condition that would constitute grounds under Section 4042(a) of ERISA for the termination of, or the appointment of a trustee to administer, any Pension Plan, (f) the imposition of a Lien pursuant to the IRC or ERISA in connection with any Employee Benefit Plan or the existence of any facts or circumstances that could reasonably be expected to result in the imposition of a Lien, (g) the partial or complete withdrawal of any Loan Party or ERISA Affiliate from a Multiemployer Plan (other than any withdrawal that would not constitute an Event of Default under Section 8.12), (h) any event or condition that results in the reorganization or insolvency of a Multiemployer Plan under Sections of ERISA, (i) any event or condition that results in the termination of a Multiemployer Plan under Section 4041A of ERISA or the institution by the PBGC of proceedings to terminate or to appoint a trustee to administer a Multiemployer Plan under ERISA, (j) any Pension Plan being in “at risk status” within the meaning of IRC Section 430(i), (k) any Multiemployer Plan being in “endangered status” or “critical status” within the meaning of IRC Section 432(b) or the determination that any Multiemployer Plan is or is expected to be insolvent or in reorganization within the meaning of Title IV of ERISA, (l) with respect to any Pension Plan, any Loan Party or ERISA Affiliate incurring a substantial cessation of operations within the meaning of ERISA Section 4062(e), (m) an “accumulated funding deficiency” within the meaning of the IRC or ERISA (including Section 412 of the IRC or Section 302 of ERISA) or the failure of any Pension Plan or Multiemployer Plan to meet the minimum funding standards within the meaning of the IRC or ERISA (including Section 412 of the IRC or Section 302 of ERISA), in each case, whether or not waived, (n) the filing of an application for a waiver of the minimum funding standards within the meaning of the IRC or ERISA (including Section 412 of the IRC or Section 302 of ERISA) with respect to any Pension Plan or Multiemployer Plan, (o) the failure to make by its due date a required payment or contribution with respect to any Pension Plan or Multiemployer Plan, (p) any event that results in or could reasonably be expected to result in a liability by a Loan Party pursuant to Title I of ERISA or the excise tax provisions of the IRC relating to Employee Benefit Plans or any event that results in or could reasonably be expected to result in a liability to any Loan Party or ERISA Affiliate pursuant to Title IV of ERISA or Section 401(a)(29) of the IRC, or (q) any of the foregoing is reasonably likely to occur in the following 30 days.

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Additional Disruption Event means any of Change in Law, Hedging Disruption and/or Increased Cost of Hedging.

  • Substantial Completion Date means the required date for Substantial Completion of the Project. The Substantial Completion Date can be adjusted only by written Change Order.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Final Completion Date means the date on which Final Completion occurs.

  • Disruption Event means either or both of:

  • Termination Event means an Illegality, a Tax Event or a Tax Event Upon Merger or, if specified to be applicable, a Credit Event Upon Merger or an Additional Termination Event.