Enforcement Events definition

Enforcement Events means collectively Enforcement Event I and Enforcement Event II and “Enforcement Event” means any one of them.
Enforcement Events means the event(s) set out in Clause 14 of this Deed;
Enforcement Events means the occurrence of an Event of Default which is continuing and has not been remedied or waived by the Majority Creditor in accordance with the Collateral Deed;

Examples of Enforcement Events in a sentence

  • No remedy against the Issuer or the Guarantor, other than as referred to in this Condition 9 (Enforcement Events and No Events of Default) shall be available to the Holders, whether for the recovery of amounts owing in respect of the Securities or the Guarantee or in respect of any other breach by the Issuer or the Guarantor of any of their respective other obligations under or in respect of the Securities or the Guarantee.

  • On the due date for redemption of any Note pursuant to Condition 8.2 (Early redemption upon the occurrence of a Special Event), Condition 8.3 (Redemption at the option of the Issuer) or Condition 11 (Enforcement Events), all unmatured Coupons relating thereto (whether or not still attached) shall become void and no payment will be made in respect thereof.

  • The Securities are perpetual securities in respect of which there is no fixed redemption date and the Issuer shall (subject to the provisions of Condition 1(b) (Form, Denomination and Status - Status) and Condition 10 (Enforcement Events and Remedies) and without prejudice to the provisions of Condition 11 (Prescription)) only have the right to redeem or repurchase the Securities in accordance with the following provisions of this Condition 5 (Redemption and Purchase).

  • The Capital Securities are perpetual securities in respect of which there is no fixed redemption date and the Guarantor shall (subject to the provisions of Condition 4.4.2 (Subordination of the Guarantee) and Condition 11 (Enforcement Events) and without prejudice to the provisions of Condition 13 (Prescription)) only have the right to redeem the Capital Securities or vary the terms thereof in accordance with the following provisions of this Condition 10 (Redemption and Variation).

  • As a result, holders of the Capital Securities would lose the entire amount of their investment in the Capital Securities.In addition, a holder of the Capital Securities may exercise its enforcement rights in relation to the Capital Securities only in the manner provided in Condition 11 ( Enforcement Events).

  • If the relevant Series of Notes becomes due and payable in accordance with Condition 8 ( Events of Default and Enforcement Events), the last Interest Determination Date shall, notwithstanding any Interest Determination Date specified in the relevant Final Terms, be deemed to be the date on which such Notes became due and payable and the Rate of Interest on such Notes shall, for so long as any such Note remains outstanding, be that determined on such date.

  • Except as provided in this Condition 9 (Enforcement Events), a Holder shall otherwise have no right to accelerate payment of any Security in the case of an Enforcement Event.

  • However, there are provisions for Enforcement Events which provides for limited rights to accelerate payment on the Subordinated Notes.

  • The same is true if the provisions regarding the Enforcement Events and the rights for the creditor arising therefrom are not harmonised across Member States.

  • For these purposes, an “Enforcement Event” shall occur (i) upon the occurrence of a Winding-Up Event, or (ii) if default is made by the Issuer in the payment of any principal or interest due in respect of the Notes or any of them and the default continues for a period of 14 days in either case, as described under Section 8.1 (Enforcement Events and Remedies).


More Definitions of Enforcement Events

Enforcement Events means collectively Enforcement Event I and Enforcement Event II and "Enforcement Event" means any one of them.
Enforcement Events has the meaning given in Condition 10. “EURIBOR” means the Euro-zone interbank offered rate.

Related to Enforcement Events

  • Enforcement Event means an Event of Default.

  • Enforcement Notice means a written notice delivered by either the ABL Agent or the Term Agent to the other announcing that an Enforcement Period has commenced.

  • Load Management Event means a) a single temporally contiguous dispatch of Demand Resources in a Compliance Aggregation Area during an Operating Day, or b) multiple dispatches of Demand Resources in a Compliance Aggregation Area during an Operating Day that are temporally contiguous.

  • Enforcement Rule means the HIPAA Administrative Simplification: Enforcement; Final Rule at 45 CFR Parts 160 and 164.

  • 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.

  • 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.

  • enforcement order means an administrative requirement issued by the department under the authority of RCW 90.48.120 that directs a public body to complete a specified course of action within an explicit period to achieve compliance with the provisions of chapter 90.48 RCW.

  • 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;

  • Enforcement Expenses shall include all reasonable attorneys’ fees, court costs, transcript costs, fees of experts, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees, and all other out-of-pocket disbursements or expenses of the types customarily incurred in connection with an action to enforce indemnification or advancement rights, or an appeal from such action. Expenses, however, shall not include fees, salaries, wages or benefits owed to Indemnitee.

  • Enforcement agency means any agency granted authority to enforce the Federal labor laws. It includes the enforcement components of DOL (Wage and Hour Division, Office of Federal Contract Compliance Programs, and Occupational Safety and Health Administration), the Equal Employment Opportunity Commission, the Occupational Safety and Health Review Commission, and the National Labor Relations Board. It also means a State agency designated to administer an OSHA-approved State Plan, but only to the extent that the State agency is acting in its capacity as administrator of such plan. It does not include other Federal agencies which, in their capacity as contracting agencies, conduct investigations of potential labor law violations. The enforcement agencies associated with each labor law under E.O. 13673 are–

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

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