Cumulative Events definition

Cumulative Events means, except as provided below, in no event shall the total number of consecutive calendar days during which either (i) valuation is deferred due to an Unscheduled Holiday, or (ii) a Valuation Postponement shall occur (or any combination of (i) and (ii)), exceed the 14 consecutive calendar days in the aggregate. Accordingly, (x) if, upon the lapse of any such 14 consecutive calendar day period, an Unscheduled Holiday shall have occurred or be continuing on the day following such period that otherwise would have been a Business Day, then such day shall be deemed to be a Valuation Date, and (y) if, upon the lapse of any such 14 consecutive calendar day period, a Price Source Disruption shall have occurred or be continuing on the day following such period on which the FX Rate otherwise would be determined, then Valuation Postponement shall not apply and the FX Rate shall be determined in accordance with the next Disruption Fallback.
Sample 1
Cumulative Events means, notwithstanding anything to the contrary, in no event shall the total number of consecutive calendar days during which either (A) a valuation is deferred due to an Unscheduled Holiday, or (B) a Valuation Postponement shall occur (or any combination of (A) and (B)), exceed 14 consecutive calendar days in the aggregate.
Sample 1
Cumulative Events means notwithstanding anything herein to the contrary, in no event shall the total number of consecutive calendar days during which either (i) valuation is deferred due to an Unscheduled Holiday,
Sample 1

Examples of Cumulative Events in a sentence

  • When regard is given to the evidence of the petitioners, it may be pertinent to mention here that the petitioners Sunil Kumar (PW-1), Sanjeev Kumar (PW-2) and Sanjay Thakur (PW-3) had not uttered even a single word in their affidavits which have been filed by way of evidence regarding the alleged malafide transfers.

  • For the avoidance of doubt, Cumulative Events, ifapplicable, does not preclude postponement of valuation in accordance with this provision.Cumulative Events:Except as provided below, in no event shall the total number of consecutive calendar days during which either (i) valuation is deferred due to an Unscheduled Holiday, or (ii) a Valuation Postponement shall occur (or any combination of(i) and (ii)), exceed 14 consecutive calendar days in the aggregate.

  • Unless otherwise specified in the Issue Terms, SER Cumulative Events will be deemed to be specified as applicable for the purposes of this Condition (d) if the Settlement Exchange Rate is specified in the Issue Terms as either USD/PEN, USD/CLP or USD/COP.

  • Coordinate egress requirements with the State Fire Marshal, the Owner and the authorities having jurisdiction.

  • Cumulative Events: Notwithstanding anything herein to the contrary, in no event shall the total number of consecu- tive calendar days during which either (i) valuation is deferred due to an Unscheduled Holiday, or (ii) a Valuation Postponement shall occur or any combination of (i) and (ii)), exceed 30 consecu- tive calendar days in the aggregate.

  • For the avoidance of doubt, Cumulative Events, if applicable, does not preclude postponement of valuation in accordance withthis provision.Cumulative Events:Except as provided below, in no event shall the total number of consecutive calendar daysduring which either (i) valuation is deferred due to an Unscheduled Holiday, or (ii) a Valuation Postponement shall occur (or any combination of (i) and (ii)), exceed 14 consecutive calendar days in the aggregate.

  • In case that until is not set, until=report.Use Case 4.2.15 (Polls: Cumulative Events) The same activity can be carried out with- out actually storing answers, but handling them in a cumulative event (that collects the an- swers):• when a poll entry is inserted, evaluate the set of recipients and send them a mail,•if first, a poll is issued, and then a set of answers answer(person,answer) comes in, collect the set of persons and the set of answers until the deadline (atomic events: poll, answer, deadline).

  • For the avoidance of doubt, Cumulative Events, if applicable, does not preclude postponement of valuation inaccordance with this provision.Cumulative Events:Except as provided below, in no event shall the total number of consecutive calendar days during which either (i) valuation is deferred due to an Unscheduled Holiday, or (ii) a Valuation Postponement shall occur (or any combination of(i) and (ii)), exceed 14 consecutive calendar days in the aggregate.

  • For the avoidance of doubt, Cumulative Events, if applicable, does not preclude postponement ofvaluation in accordance with this provision.Cumulative Events:Except as provided below, in no event shall the total number of consecutive calendar days during which either (i) valuation is deferred due to an Unscheduled Holiday, or (ii) a Valuation Postponement shall occur (or any combination of(i) and (ii)), exceed 14 consecutive calendar days in the aggregate.

  • Forthe avoidance of doubt, paragraph 3 (Cumulative Events) of this Part C shall not preclude postponement of valuation in accordance with this provision.


More Definitions of Cumulative Events

Cumulative Events means that in no event shall the total number of consecutive calendar days during which valuation is deferred due to (i) an Unscheduled Holiday, or (ii) a Price Source Disruption (or any combination of (i) and (ii)), exceed the EM Deferral Period. Accordingly, if on the first Conversion Rate Business Day (or date which would have been a Conversion Rate Business Day but for the occurrence of an Unscheduled Holiday) after such period has lapsed (the "Cut-off Fixing Date ") (X) an Unscheduled Holiday occurs or is continuing (but no Price Source Disruption occurs oris continuing on such day), then the Conversion Rate shall be a rate determined by the Calculation Agent, acting in good faith and a commercially reasonable manner, or(Y) a Price Source Disruption occurs or is continuing on such day, then postponement shall not apply, and the Conversion Rate shall be the Fallback Conversion Rate determined on such date.
Sample 1
Cumulative Events means, notwithstanding anything to the contrary, that in no event shall the total number of consecutive calendar days during which either
Sample 1
Cumulative Events. Notwithstanding anything herein to the contrary, in no event shall the total number of consecutive calendar days during which either (i) valuation is deferred due to an Unscheduled Holiday, or (ii) a Valuation Postponement shall occur (or any combination of (i) and (ii)), exceed 30 consecutive calendar days in the aggregate. Accordingly, (x) if, upon the lapse of any such 30-day period, an Unscheduled Holiday shall have occurred or be continuing on the day following such period, then such day shall be deemed to be a Valuation Date, and (y) if, upon the lapse of any such 30-day period, a Price Source Disruption shall have occurred or be continuing on the day following such period, then Valuation Postponement shall not apply and the Spot Rate shall be determined in accordance with the next Disruption Fallback. Maximum Days of Postponement: Thirty (30) calendar days Relevant City for Business Day for Valuation Dates: Any of Rio de Janeiro, Sao Paulo or Brasilia and New York No Adjustments to the Termination Date: For the avoidance of doubt, any adjustment to, or deferral of, (A) the date on which a Spot Rate is determined, (B) any Fixed Rate Payer I Payment Date or (C) the Final Exchange Date pursuant to the terms and provisions hereof shall not adjust or otherwise affect the occurrence of the Termination Date for the purposes of determining the duration of any Calculation Period. Payment Date Adjustments: The parties hereto agree that if the date on which a Spot Rate is determined is adjusted or deferred in accordance with the terms and provisions hereof as the result of the occurrence of an Unscheduled Holiday or on account of a Price Source Disruption, then the applicable Fixed Rate Payer I Payment Date or the Final Exchange Date, as applicable, shall occur on the first Business Day in New York immediately following such adjusted or deferred date on which the Spot Rate is determined. Calculation Agent: Party A Please confirm that the foregoing correctly sets the terms of our agreement by executing this Confirmation and returning it to us by facsimile transmission. Bank of America Axxxx Dorados Holdings Inc. /s/ Kxxxxxxxx X. Xxxxxxx By: /s/ Dxxxx Xxxx Kxxxxxxxx X. Xxxxxxx Name: Dxxxx Xxxx Managing Director, Sr. Group Operations Manager Title: Corp. Finance Director Authorised Signatory
Sample 1

Related to Cumulative Events

  • Cumulative impact means the potential impact on the promotion of the licensing objectives of a significant number of licensed premises concentrated in one area. The cumulative impact of licensed premises on the promotion of the licensing objectives is a proper matter for a licensing authority to consider in developing its licensing policy statement.

  • Cumulative Net Loss Test With respect to any Payment Date, a test that will be satisfied if the Cumulative Net Loss Percentage does not exceed the applicable percentage indicated below: Payment Date occurring in the period Percentage December 2015 to November 2016 0.10% December 2016 to November 2017 0.20% December 2017 to November 2018 0.30% December 2018 to November 2019 0.40% December 2019 to November 2020 0.50% December 2020 to November 2021 0.60% December 2021 to November 2022 0.70% December 2022 to November 2023 0.80% December 2023 to November 2024 0.90% December 2024 to November 2025 1.00% December 2025 to September 2026 1.10% October 2026 to November 2027 1.20% December 2027 and thereafter 1.30% Current Accrual Rate: With respect to each Payment Date and any Reference Obligation, the lesser of (i) the related current Accounting Net Yield; and (ii) the related current mortgage rate thereon (as adjusted for any modifications) minus 0.35%.

  • Cumulative EBITDA means, as of any date of determination, EBITDA of the Company from the Existing Notes Issue Date to the end of the Company’s most recently ended full fiscal quarter prior to such date, taken as a single accounting period.

  • Cumulative Interest Expense means, in respect of any Restricted Payment, the sum of the aggregate amount of Consolidated Interest Expense of the Issuer and the Restricted Subsidiaries for the period from and after January 1, 2005 to the end of the Issuer’s most recently ended fiscal quarter for which internal financial statements are available and immediately preceding the proposed Restricted Payment.

  • Cumulative Consolidated Net Income means, for any period, Consolidated Net Income for such period, taken as a single accounting period. Cumulative Consolidated Net Income may be a positive or negative amount.

  • Cumulative Retained Excess Cash Flow Amount means, at any date of determination, an amount equal to the aggregate cumulative sum of the Retained Percentage of Excess Cash Flow for the Excess Cash Flow Periods ended on or prior to such date.

  • Net earnings available for fixed charges means net income after deducting operating and maintenance expenses, taxes other than federal and state income taxes, depreciation, and depletion, but excluding extraordinary expenses appearing in the regular financial statements of the system.

  • Aggregate Net Losses means, with respect to a Collection Period, an amount equal to the aggregate Principal Balance of all Receivables that became Defaulted Receivables during such Collection Period minus all Net Liquidation Proceeds collected during such Collection Period with respect to all Defaulted Receivables.