Emergence Event definition

Emergence Event means, should the Company file for protection under Chapter 11, or any other provision, of the U.S. Bankruptcy Code, (i) the effective date of the Company’s plan of reorganization or liquidation, or (ii) the date on which such Chapter 11 case is dismissed or converted to a case under Chapter 7 of the Bankruptcy Code.
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Emergence Event means (ii) the effective date of the Xxxx Xxxx’x plan of reorganization or liquidation under Chapter 11 of the Bankruptcy Code, (iii) dismissal of the Xxxx Xxxx’x Chapter 11 case, or (iv) conversion of Xxxx Xxxx’x Chapter 11 case to a case under Chapter 7 of the Bankruptcy Code.
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Emergence Event means the earliest to occur of (i) the effective date of any plan of reorganization filed in Alamo's, National's or ANC's Bankruptcy Proceeding, (ii) consummation of a sale or other disposition of the business of Alamo, National or ANC, and (iii) the dismissal of Alamo's, National's or ANC's Bankruptcy Proceeding.
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Examples of Emergence Event in a sentence

  • No Class D Prepayment Premium will be payable to any holder of a Series 2002-2 Note in connection with any prepayment of principal of the Series 2002-2 Notes resulting from a Waiver Event or an Emergence Event.

  • No Class A Prepayment Premium will be payable to any holder of a Series 2002-2 Note in connection with any prepayment of principal of the Series 2002-2 Notes resulting from a Waiver Event or an Emergence Event.

  • The Retention Bonus will be paid to Executive in one payment, less all required withholdings, on the later of (i) the first regular payroll payment date after the Emergence Event Date as defined below, or (ii) the first regular payroll payment date after January 1, 2021.

  • The Vesting Date is the earlier of June 30, 2021 or an Emergence Event.

  • Notwithstanding the foregoing, the Plan shall terminate six months following the date of any Dissolution or Liquidation of the Company that occurs prior to the occurrence of an Emergence Event.

  • For the avoidance of doubt, the provisions of this SECTION 9.1 do not apply to any prepayment of principal of the Series 2002-2 Notes made in connection with a Waiver Event or an Emergence Event.

  • Example of Primary and Secondary Emergence Event: Time-series of daily MSLP (hPa), 500 hPa height (dm) and 4-times daily near surface air temperature, during the entire emergence monitoring program by Gray et al.


More Definitions of Emergence Event

Emergence Event means (ii) the effective date of the Company’s plan of reorganization or liquidation under Chapter 11 of the Bankruptcy Code, (iii) dismissal of the Company’s Chapter 11 case, or (iv) conversion of the Company’s Chapter 11 case to a case under Chapter 7 of the Bankruptcy Code.
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Emergence Event has the meaning specified in ARTICLE XI of this Series Supplement.
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Related to Emergence Event

  • Forbearance Termination Event has the meaning set forth in Section 3(a) hereto.

  • Termination Fee Event has the meaning ascribed thereto in Section 8.2(2).

  • Occurrence means an accident, including continuous or repeated exposure to substantially the same general harmful conditions.

  • Terminating Event means any of the following events:

  • Training Event means either a Course or Online Training, or both.

  • Special Hazard Coverage Termination Date The point in time at which the Special Hazard Loss Coverage Amount is reduced to zero.

  • ERISA Termination Event means (i) a “Reportable Event” described in Section 4043 of ERISA and the regulations issued thereunder (other than a “Reportable Event” not subject to the provision for 30-day notice to the PBGC under such regulations), or (ii) the withdrawal of a Borrower or any of its ERISA Affiliates from a “single employer” Plan during a plan year in which it was a “substantial employer”, both of such terms as defined in Section 4001(a) of ERISA, or (iii) the filing of a notice of intent to terminate a Plan or the treatment of a Plan amendment as a termination under Section 4041 of ERISA, or (iv) the institution of proceedings to terminate a Plan by the PBGC or (v) any other event or condition which might constitute grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Plan or (vi) the partial or complete withdrawal of a Borrower or any ERISA Affiliate of such Borrower from a “multiemployer plan” as defined in Section 4001(a) of ERISA.

  • Incipient Event of Termination means an event that but for notice or lapse of time or both would constitute an Event of Termination.

  • Public event means any event that can be attended by the

  • Special Servicer Termination Event shall have the meaning given to such term in the Lead Securitization Servicing Agreement.

  • Financing Event means the earlier of (i) a public offering by the Company of its Common Stock with aggregate gross proceeds of at least $5 million; or (ii) the listing of the Company’s Common Stock on a National Securities Exchange, as such term is defined under the Exchange Act.

  • Termination Events means each of the events specified in Clause 10.3 of this Contract.

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

  • Delay Event means: (i) a tsunami, flood, cyclone, earthquake, bushfire or other act of nature; (ii) riot, civil commotion, war, invasion or a terrorist act; (iii) an imminent threat of an event in paragraphs (i) or (ii); or (iv) compliance with any lawful direction or order by a Government Agency;

  • Subsequent Triggering Event means any of the following events or transactions occurring after the date hereof: (i) The acquisition by any person (other than Grantee or any Grantee Subsidiary) of beneficial ownership of 25% or more of the then outstanding Common Stock; or (ii) The occurrence of the Initial Triggering Event described in clause (i) of subsection (b) of this Section 2, except that the percentage referred to in clause (z) of the second sentence thereof shall be 25%.

  • Servicer Termination Events (or any analogous term under the Lead Securitization Servicing Agreement) include customary market termination events with respect to failure to make advances, failure to timely remit payments to the Non-Lead Note Holders as required hereunder or under the Lead Securitization Servicing Agreement (subject to no more than one business day grace period), failure to timely deposit amounts into any REO Account or to remit to a Servicer for deposit into a related collection or custodial account, failure to deliver (or cause to be delivered) materials or information required in order for each Non-Lead Note Holder or each Non-Lead Depositor to timely comply with its obligations under the Exchange Act, the Securities Act and Form SF-3, and for rating agency downgrades or other triggers with respect to any certificates issued in connection with a Non-Lead Securitization, subject to customary grace periods (provided that, in the case of failures related to the securities laws, such grace periods will not cause a Non-Lead Depositor to fail to comply with the applicable provisions of such securities laws). Upon the occurrence of such a Servicer Termination Event with respect to the Master Servicer affecting a Non-Lead Securitization Note Holder and the Master Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Master Servicer shall be required, upon the direction of such Non-Lead Securitization Note Holder, to appoint a subservicer with respect to such Non-Lead Securitization Note. Upon the occurrence of a Servicer Termination Event with respect to the Special Servicer affecting a Non-Lead Securitization Note Holder and the Special Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Trustee shall, upon direction of such Non-Lead Securitization Note Holder, terminate the Special Servicer with respect to, but only with respect to, the Mortgage Loan;

  • Potential Termination Event means an event which, with the passage of time or the giving of notice, or both, would constitute a Termination Event.

  • Acquisition Event means a merger or consolidation in which the Company is not the surviving entity, any transaction that results in the acquisition of all or substantially all of the Company’s outstanding Common Stock by a single person or entity or by a group of persons and/or entities acting in concert, or the sale or transfer of all or substantially all of the Company’s assets.

  • Company Termination Event has the meaning set forth in Section 10 hereof.

  • Servicer Termination Event shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, any analogous concept under the servicing agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this Agreement.

  • Default Event means an event or circumstance which leads Operator to determine that a Venue User is or appears to be unable or likely to become unable to meet its obligations in respect of an Order or Transaction or to comply with any other obligation under an Agreement or Applicable Law.

  • Triggering Events means Triggering Event I, Triggering Event II and Triggering Event III, collectively.

  • Unmatured Termination Event means an event that, with the giving of notice or lapse of time, or both, would constitute a Termination Event.

  • Servicer Event of Termination One or more of the events described in Section 7.01.

  • Emergency Event means any situation arising from sudden and reasonably unforeseen natural disaster such as earthquake, flood, fire, or other acts of God, or other unforeseen events beyond the control of the portable engine or equipment unit operator, its officers, employees, and contractors that threatens public health and safety and that requires the immediate temporary operation of portable engines or equipment units to help alleviate the threat to public health and safety.

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).