Enforcement Event Dissolution Date definition

Enforcement Event Dissolution Date means, in relation to the Tier 2 Sukuk Wakalah and AT-1 Sukuk Wakalah only, the date where an Enforcement Event item (ii) (as set out in the paragraph entitled “Events of default or enforcement events, where applicable, including recourse available to investors”) has been declared by the Sukuk Trustee.
Sample 1Sample 2
Enforcement Event Dissolution Date means, in relation to the Tier 2 Sukuk Wakalah and AT-1 Sukuk Wakalah only, the date an Enforcement Event item
Sample 1
Enforcement Event Dissolution Date means, in relation to the Perpetual Sukuk Wakalah only, the date where an occurrence of Enforcement Event item (1) (as outlined in section entitled “Events of defaults or enforcement events, where applicable, including recourse available to investors”) has been declared by the Sukuk Trustee.
Sample 1

Examples of Enforcement Event Dissolution Date in a sentence

  • For the avoidance of doubt, the Deferred Sale Price for Perpetual Sukuk Wakalah shall be due and payable by the Buyer 99 years after the relevant issue date, or upon an Enforcement Event Dissolution Date (as defined below), or pursuant to a Redemption Event (as defined in the section entitled “Call option and details, if applicable”), whichever is the earliest.

  • Rate:the aggregate of unearned Expected Periodic Distribution Amount calculated from the Enforcement Event Dissolution Date, Early Redemption Date or Optional Redemption Date up to the respective Scheduled Dissolution Date(s) of Tier 2 Sukuk Wakalah.

  • Ibra’ for redemption in relation to (1), (2) and (3) above shall be calculated from the Enforcement Event Dissolution Date or Early Redemption Date up to the relevant Scheduled Dissolution Date(s) of the T2 Sukuk Wakalah.

  • For the avoidance of doubt, the Deferred Sale Price for AT-1 Sukuk Wakalah shall be payable 99 years after the relevant issue date, and the Issuer shall be given the right to defer such payment upon request made by the Issuer or if required by BNM subject to the Issuer providing the Sukuk Trustee with a notice of deferment of the payment of such Deferred Sale Price or on the Early Redemption Date or on the Enforcement Event Dissolution Date, whichever is the earliest.


More Definitions of Enforcement Event Dissolution Date

Enforcement Event Dissolution Date means, in relation to the T2 Sukuk Wakalah, the date an Enforcement Event in item (b) (as set out in the paragraph entitled “Events of default or enforcement events, where applicable, including recourse available to investors”) has been declared by the Sukuk Trustee. The illustrative transaction structure and explanatory notes of the Sukuk Wakalah Programme are set out in the attachment entitled “Transaction Diagram and Explanatory Notes of the Sukuk Wakalah Programme”. (8) Currency : Ringgit (9) Expected facility/ programme size : Up to MYR 5,000,000,000.00 (10) Option to upsize (for : Yes programme) Additional Notes:The Issuer shall have the option to upsize the programme limit of the Sukuk Wakalah Programme and for the avoidance of doubt, the Sukukholders shall via the trust deed provide their upfront consent for any upsizing of the Sukuk Wakalah Programme provided that:
Sample 1

Related to Enforcement Event Dissolution Date

  • Early Dissolution Event has the meaning specified in Section 9.2.

  • Dissolution Event means (i) a voluntary termination of operations, (ii) a general assignment for the benefit of the Company’s creditors or (iii) any other liquidation, dissolution or winding up of the Company (excluding a Liquidity Event), whether voluntary or involuntary.

  • Winding Up Period means the period from the Dissolution Event to the Termination of the Company.

  • Enforcement Event means an Event of Default.

  • Event of Dissolution shall have the meaning set forth in Section 10.1.

  • Dissolution Date means, as the case may be:

  • Trust Enforcement Event in respect of the Securities means an Indenture Event of Default has occurred and is continuing in respect of the Debentures.

  • Flip-In Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Step Up Event means a failure to meet the Minimum Rating Requirement at any time, unless:

  • Liquidation Event means, whether in a single transaction or series of transactions, the voluntary or involuntary liquidation, dissolution or winding up of the Company or such Subsidiaries the assets of which constitute all or substantially all of the assets of the business of the Company and its Subsidiaries, taken as a whole.

  • Optimal Adjustment Event With respect to any Class of Class B Certificates and any Distribution Date, an Optimal Adjustment Event will occur with respect to such Class if: (i) the Principal Balance of such Class on the Determination Date succeeding such Distribution Date would have been reduced to zero (regardless of whether such Principal Balance was reduced to zero as a result of principal distribution or the allocation of Realized Losses) and (ii) (a) the Principal Balance of any Class of Class A Certificates would be subject to further reduction as a result of the third or fifth sentences of the definition of Principal Balance or (b) the Principal Balance of a Class of Class B Certificates with a lower numerical designation would be reduced with respect to such Distribution Date as a result of the application of clause (ii) of the definition of Class B-1 Principal Balance, Class B-2 Principal Balance, Class B-3 Principal Balance, Class B-4 Principal Balance, Class B-5 Principal Balance or Class B-6 Principal Balance.

  • Liquidating Event has the meaning set forth in Section 13.1 hereof.

  • Procurement Event means the request for proposals, the evaluation of proposals and bids for wholesale energy products, and the execution of the applicable supplier contracts with Ameren Illinois Company as a counterparty pursuant to the Procurement Plan for the period starting in June 2021, as proposed by the Illinois Power Agency and approved by the Illinois Commerce Commission in Docket No. 20-0717.

  • Repayment Event means any event or condition which gives the holder of any note, debenture or other evidence of indebtedness (or any person acting on such holder’s behalf) the right to require the repurchase, redemption or repayment of all or a portion of such indebtedness by the Company or any of its subsidiaries.

  • Initial Triggering Event means any of the following events or transactions occurring after the date hereof:

  • Deemed Liquidation Event means (a) a merger or consolidation in which (i) the Corporation is a constituent party or (ii) a subsidiary of the Corporation is a constituent party and the Corporation issues shares of its capital stock pursuant to such merger or consolidation, except any such merger or consolidation involving the Corporation or a subsidiary in which the shares of capital stock of the Corporation outstanding immediately prior to such merger or consolidation continue to represent, or are converted into or exchanged for shares of capital stock that represent, immediately following such merger or consolidation, at least a majority, by voting power, of the capital stock of (1) the surviving or resulting corporation; or (2) if the surviving or resulting corporation is a wholly owned subsidiary of another corporation immediately following such merger or consolidation, the parent corporation of such surviving or resulting corporation; or (b) the sale, lease, transfer, exclusive license or other disposition, in a single transaction or series of related transactions, by the Corporation or any subsidiary of the Corporation of all or substantially all the assets of the Corporation and its subsidiaries taken as a whole, or the sale or disposition (whether by merger, consolidation or otherwise) of one or more subsidiaries of the Corporation if substantially all of the assets of the Corporation and its subsidiaries taken as a whole are held by such subsidiary or subsidiaries, except where such sale, lease, transfer, exclusive license or other disposition is to a wholly owned subsidiary of the Corporation.

  • Payment Event means the event or events giving rise to the right to payment of a Performance Award.

  • Relevant Event means any Termination Event or any Mandatory Prepayment Event or any event which after the giving of notice or lapse of time or the satisfaction of any other condition (or any combination thereof) would constitute a Termination Event or a Mandatory Prepayment Event;

  • Prepayment Event means any Asset Sale Prepayment Event, Debt Incurrence Prepayment Event, Casualty Event or any Permitted Sale Leaseback.

  • Enforcement Period means the period of time following the receipt by either the ABL Agent or the Term Agent of an Enforcement Notice from the other and continuing until the earliest of (a) in the case of an Enforcement Period commenced by the Term Agent, the Discharge of Term Obligations, (b) in the case of an Enforcement Period commenced by the ABL Agent, the Discharge of ABL Obligations, or (c) the ABL Agent or the Term Agent (as applicable) terminates, or agrees in writing to terminate, the Enforcement Period.

  • XXXX Event means if there are any Mortgaged Properties at any time, any increase, extension of the maturity or renewal of any of the Commitments or Loans (including any incremental credit facility hereunder, but excluding (i) any continuation or conversion of Borrowings, (ii) the making of any Revolving Loans or (iii) the issuance, renewal or extension of Letters of Credit).

  • Capital Event means and includes: (i) any transaction involving the sale, exchange or other disposition of the Project or the Company (but excluding any incidental sales or exchanges of tangible personal property and fixtures), (ii) any financing, refinancing or borrowing secured by the Project or the Company, and (iii) any condemnation or recovery of damage awards and property insurance proceeds (excluding proceeds from any rent or business interruption insurance).

  • Put Event means the occurrence of:

  • Trigger Event Date means a date on which a Trigger Event has occurred as determined by the Calculation Agent.

  • Replacement Event shall have the meaning specified in Section 11.16.

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