Examples of Contribution Event in a sentence
Lessee shall inform Lessor in writing three (3) months prior to arranging any Qualifying Maintenance Event (including a Lessor Contribution Event), and Lessor and Lessee shall agree on the work scope for any work prior to its completion.
The option shall be exercised by giving written notice to the Non-Contributing Partner within sixty (60) days after the occurrence of the Contribution Event.
For purposes of calculating the 60-day notice period set forth in Section 10.2 hereof, each Contribution Event contemplated by this Section 4.3(d) shall be deemed to occur on the date of the receipt of a Demand by the applicable Guarantor, or in the case of a Guarantor that has not received a Demand, on the date that the first Demand was received by any other Guarantor with respect to a particular Loan Guaranty.
For purposes of Section 10.1(a), it shall be a Contribution Event as to a Class A Partner if the Class A Partner does not make the payment required by any Capital Call Notice by the applicable Due Date.
In addition, as used herein, the following terms have the following respective meanings: Contribution Amount, with respect to any Contribution Event, has the meaning given to such term in the definition of “Contribution Event”.