EMU Event definition

EMU Event means the occurrence of any of the following, as determined by the Calculation Agent, acting in a commercially reasonable manner:
EMU Event means the occurrence of any of the following, as determined by the Calculation Agent, in its sole and absolute discretion:
EMU Event means the occurrence of any of the following, as determined by the Calculation Agent:

Examples of EMU Event in a sentence

  • The parties confirm that the occurrence or non-occurrence of an EMU Event will not of itself (a) result in any full or partial discharge (whether by frustration or otherwise), cancellation, rescission, or termination of this Agreement, (b) entitle any party unilaterally to fully or partially cancel, rescind, terminate, or vary this Agreement, or (c) result in a Default or Event of Default.


More Definitions of EMU Event

EMU Event means an event associated with economic and monetary union in the European Community, including, without limitation, each (and any combination) of the following:
EMU Event. As defined in Section 7.01(b).
EMU Event means an event associated with economic and monetary union in the European Community including, without limitation, each (and any combination) of the following:
EMU Event means an event associated with economic monetary union in the European Communit including, without limitation, each (and an combination) of the following:
EMU Event means, in respect of member states of the European Community, an event associated with economic and monetary union in the European Community, including, without limitation, each (and any combination) of (a) the introduction of, changeover to, or operation of the New Currency, (b) the fixing of conversion rates between a member state's currency and the New Currency or between the currencies of member states, (c) the substitution of the New Currency for the European Currency Units as the unit of account of the European Community, (d) the introduction of the New Currency as lawful currency in a member state (whether at the earliest date or subsequently and whether in parallel with, or as a replacement for, the currency which, before the introduction of the New Currency, was lawful currency in that member state), (e) the withdrawal from legal tender, by reason of the introduction of the New Currency, of any currency that, before the introduction of the New Currency, was lawful currency in one of the member states, (f) the disappearance or replacement of a relevant price source for the European Currency Units or the national currency of any member state, (g) the failure of any sponsor (or a successor sponsor) such as Reuters or Telerate to publish a relevant rate, index, price, page, or screen, and (h) any event in furtherance of any of the foregoing.

Related to EMU Event

  • €STR Index Cessation Event means the occurrence of one or more of the following events, as determined by the Issuer and notified by the Issuer to the Calculation Agent:

  • Conversion Event means the cessation of use of (i) a Foreign Currency both by the government of the country or the confederation which issued such Foreign Currency and for the settlement of transactions by a central bank or other public institutions of or within the international banking community or (ii) any currency unit or composite currency for the purposes for which it was established.

  • SOFR Index Cessation Event means the occurrence of one or more of the following events:

  • Mandatory Tender Event means (a) each failure by the Fund to make a scheduled payment of dividends on a Dividend Payment Date; (b) the occurrence of a Liquidity Provider Ratings Event (which shall constitute a single Mandatory Tender Event upon the occurrence of such Liquidity Provider Ratings Event, whether or not continuing and whether or not such Liquidity Provider Ratings Event also results in a Mandatory Purchase Event; provided that, a subsequent Liquidity Provider Ratings Event, following restoration of the short-term debt ratings to the requisite level, shall constitute a new Mandatory Tender Event); (c) in the event of a failure by the Fund to pay the Liquidity Provider the applicable fee due in advance under the terms of the VRDP Fee Agreement by seven Business Days prior to the beginning of the month to which such payment relates if the Liquidity Provider (in its sole discretion) thereafter provides written notice to the Fund that such failure to pay such fee constitutes a Mandatory Tender Event; (d) the eighth day prior to the scheduled date of the occurrence of an Extraordinary Corporate Event; (e) the Fund shall have obtained and delivered to the Tender and Paying Agent an Alternate VRDP Purchase Agreement by the fifteenth day prior to the Scheduled Termination Date, Liquidity Provider Ratings Event Termination Date or Related Party Termination Date, as the case may be, of the VRDP Purchase Agreement being replaced; (f) the Fund shall have provided a Notice of Proposed Special Rate Period in accordance with this Statement; or (g) in the event of a breach by the Fund of its Effective Leverage Ratio covenant with the Liquidity Provider in the VRDP Fee Agreement and the failure to cure such breach within 60 days from the date of such breach (which 60-day period would include the Effective Leverage Ratio Cure Period), if the Liquidity Provider (in its sole discretion) thereafter provides written notice to the Fund that the failure to timely cure such breach constitutes a Mandatory Tender Event (subject to the Fund curing such breach prior to the delivery date of such notice from the Liquidity Provider).

  • Change of Control Triggering Event means the occurrence of both a Change of Control and a Rating Event.

  • OBFR Index Cessation Event means the occurrence of one or more of the following events:

  • Benchmark Event means, with respect to an Original Reference Rate:

  • Change of Control Transaction means the occurrence after the date hereof of any of (a) an acquisition after the date hereof by an individual or legal entity or “group” (as described in Rule 13d-5(b)(1) promulgated under the Exchange Act) of effective control (whether through legal or beneficial ownership of capital stock of the Company, by contract or otherwise) of in excess of 33% of the voting securities of the Company (other than by means of conversion or exercise of the Debentures and the Securities issued together with the Debentures), (b) the Company merges into or consolidates with any other Person, or any Person merges into or consolidates with the Company and, after giving effect to such transaction, the stockholders of the Company immediately prior to such transaction own less than 66% of the aggregate voting power of the Company or the successor entity of such transaction, (c) the Company sells or transfers all or substantially all of its assets to another Person and the stockholders of the Company immediately prior to such transaction own less than 66% of the aggregate voting power of the acquiring entity immediately after the transaction, (d) a replacement at one time or within a three year period of more than one-half of the members of the Board of Directors which is not approved by a majority of those individuals who are members of the Board of Directors on the Original Issue Date (or by those individuals who are serving as members of the Board of Directors on any date whose nomination to the Board of Directors was approved by a majority of the members of the Board of Directors who are members on the date hereof), or (e) the execution by the Company of an agreement to which the Company is a party or by which it is bound, providing for any of the events set forth in clauses (a) through (d) above.

  • Section 13 Event means any event described in clauses (x), (y) or (z) of Section 13(a) hereof.

  • Index Cessation Event means, with respect to an Applicable Benchmark, (a) a public statement or publication of information by or on behalf of the Administrator of the Applicable Benchmark announcing that it has ceased or will cease to provide the Applicable Benchmark permanently or indefinitely, provided that, at the time of the statement or publication, there is no successor administrator or provider, as applicable, that will continue to provide the Applicable Benchmark; or (b) a public statement or publication of information by the regulatory supervisor for the Administrator of the Applicable Benchmark, the central bank for the currency of the Applicable Benchmark, an insolvency official with jurisdiction over the Administrator for the Applicable Benchmark, a resolution authority with jurisdiction over the Administrator for the Applicable Benchmark or a court or an entity with similar insolvency or resolution authority over the Administrator for the Applicable Benchmark, which states that the Administrator of the Applicable Benchmark has ceased or will cease to provide the Applicable Benchmark permanently or indefinitely, provided that, at the time of the statement or publication, there is no successor administrator or provider that will continue to provide the Applicable Benchmark.

  • ECB Recommended Rate Index Cessation Event means the occurrence of one or more of the following events, as determined by the Issuer and notified by the Issuer to the Calculation Agent:

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

  • Change in Control Transaction means the occurrence of any of the following events:

  • Adjustment Event means each of the following events:

  • Default Event means the occurrence of any of the following events:

  • Control Transaction means the acquisition by a person or group of the status of a controlling person.[PL 2001, c. 640, Pt. A, §2 (NEW); PL 2001, c. 640, Pt. B, §7 (AFF).]

  • Change of Control Date means the date on which a Change of Control occurs.