Events Subsequent definition

Events Subsequent to the Date of the Balance Sheet. Since the date of NDA's November 30, 1996 balance sheet, NDA has not (i) except as set forth in the attached Schedules 3.6 and 3.13, or pursuant to this Agreement, issued any stock, bond or other corporate security, (ii) borrowed any amount or incurred or become subject to any liability (absolute, accrued or contingent), except current liabilities incurred and liabilities under contracts entered into in the ordinary course of business, (iii) discharged or satisfied any lien or encumbrance or incurred or paid any obligation or liability (absolute, accrued or contingent) other than current liabilities shown on its November 30, 1996 balance sheet and current liabilities incurred since the date of such balance sheet in the ordinary course of business, (iv) declared or made any payment or distribution to stockholders or purchased or redeemed any share of its capital stock or other security, (v) mortgaged, pledged or subjected to lien any of its assets, tangible or intangible, other than liens of current real property taxes not yet due and payable, (vi) sold, assigned or transferred any of its tangible assets except in the ordinary course of business, or cancelled any debt or claim, (vii) sold, assigned, transferred or granted any exclusive license with respect to any patent, trademark, trade name, service mark, copyright, trade secret or other intangible asset, (viii) xxxxered any loss of property or waived any right of substantial value whether or not in the ordinary course of business, (ix) made any change in officer compensation except in the ordinary course of business and consistent with past practice, (x) made any material change in the manner of business or operations of NDA, (xi) entered into any transaction except in the ordinary course of business or as otherwise contemplated hereby or (xii) entered into any commitment (contingent or otherwise) to do any of the foregoing.
Sample 1
Events Subsequent to Target's Most Recent Balance Sheet. Since the date of Target's Most Recent Balance Sheet, there has been no change in the assets, liabilities or financial condition of Target, except for changes in the Ordinary Course of Business or which individually or in the aggregate are not material, and there has not been a Target Material Adverse Effect by any occurrence, state of facts or development, individually or in the aggregate, whether or not insured against. Without limiting the generality of the foregoing since that date Target has not: (i) issued any stock, bond or other security (except shares issued in connection with the exercise of employee stock options), (ii) borrowed any amount or incurred or become subject to any liability (absolute, accrued or contingent), except current liabilities incurred in the Ordinary Course of Business and liabilities under contracts entered into in the Ordinary Course of Business, (iii) declared or made any payment or distribution to equity holders or purchased or redeemed any share of its capital stock or other security, (iv) mortgaged, pledged or subjected to lien any of its assets, tangible or intangible, other than liens for current Taxes not yet due and payable, except for mortgages, pledges or liens that do not exceed $10,000 in the aggregate, (v) sold, assigned or transferred any of its assets except in the Ordinary Course of Business, or canceled any debt or claim, (vi) suffered any material loss of property or waived any right of substantial value whether or not in the Ordinary Course of Business, (vii) made any change to Target's employee benefit plans, (viii) made any change in Target's accounting principles and practices, (ix) made any material change in the manner of business or operations, (x) entered into any material transaction except in the Ordinary Course of Business or as otherwise contemplated hereby, or (xi) entered into any commitment (contingent or otherwise) to do any of the foregoing.
Sample 1
Events Subsequent to the Date of the Financial Statements. Except as set forth on Schedule 2.7, since December 31, 2000, the Company has not, except in the ordinary course of business, (i) issued any stock, stock options, warrants or other securities convertible into or exchangeable for capital stock, or any bond or other corporate security, (ii) borrowed any money or mortgaged, pledged or subjected to any lien any of its assets, tangible or intangible, (iii) sold, assigned or transferred any of its tangible assets, or cancelled any debt or claim, or (iv) suffered any loss of property or waived any right of substantial value. Except as set forth on Schedule 2.7, since December 31, 2000, the Company has not declared or made any payment or distribution to stockholders in any capacity or purchased or redeemed any shares of its capital stock or other securities.
Sample 1

Examples of Events Subsequent in a sentence

  • Note 22 – Events Subsequent Since March 31, 2020, governments worldwide continue to enact emergency measures to combat the spread of the novel strain of coronavirus specifically identified as the Coronavirus Disease 2019 ("COVID-19") pandemic.

  • In the opinion of the Directors, other than stated under Review of Operations, and Events Subsequent to Reporting Date, there were no significant changes in the state of affairs of the Group that occurred during the financial year under review and subsequent to the financial year end.

  • Note 22 – Events Subsequent The Company had no material subsequent events through the filing date of August 11, 2020.

  • Material Events Subsequent to the End of the Quarter under Review There were no material events subsequent to the end of the quarter under review except for those disclosed in note B7.

  • Material Events Subsequent to the End of the Interim Period There were no other material events subsequent to the end of the interim period.

  • Note 22 – Events Subsequent The Company had no material subsequent events through February 21, 2021.

  • Material Events Subsequent to the End of Financial Period There were no material events subsequent to the end of the financial period reported that have not been reflected in this financial statements.

  • Disclosure Regarding the Financial Reporting of the Company6.1. Additional Information and Events Subsequent to the Reporting DateA.

  • Note 22 – Events Subsequent On April 16, 2021, The Hartford Financial Services Group, Inc.

  • Material Events Subsequent to the End of the Interim PeriodThere were no material events subsequent to the end of the current interim financial period that have not been reflected in the financial statements for the current interim financial period.


More Definitions of Events Subsequent

Events Subsequent to the Date of the Last Audited Financial Statement. Since December 31, 1999, except as described in the Prospectus (other than the "Risk Factors" included therein) or as contemplated by this Agreement or the Related Documents or as set forth in the Financial Statements or on Item 4.8 of the Disclosure Schedule or as described in the Registration Statement, none of the Company, Crown or any of its Subsidiaries has (i) issued any stock, bond or other security, (ii) incurred any indebtedness except in the ordinary course of business, (iii) declared or made any payment or distribution to stockholders or purchased or redeemed any of its capital stock, (iv) sold, assigned, leased, mortgaged, pledged, subjected to any Encumbrance or otherwise conveyed or transferred any of its assets except in the ordinary course of business, or cancelled any debt or claim owed to the Company, Crown or any of its Subsidiaries except in the ordinary course of business, (v) sold, assigned, transferred or granted any exclusive license with respect to any Intellectual Property, (vi) suffered any substantial loss of property or waived any right of substantial value other than in the ordinary course of business or (vii) made any change in officer compensation except in the ordinary course of business and consistent with past practice.
Sample 1

Related to Events Subsequent

  • Events means an action or occurrence, at any given location within the Authorized System that causes a Collection System Overflow. An Event ends when there is no recurrence of a CSO or SSO in the Collection System at the same location in the 12-hour period following the last Collection System Overflow.

  • Events of Default has the meaning specified in Section 6.01.

  • Specified Conditions means, at any time of determination thereof, (a) no Incremental Term Loans in the form of an institutional term loan B facility have been issued and are outstanding pursuant to Section 2.20 of the Credit Agreement and (b) (i) the Company’s “corporate credit rating” from S&P (or such other term as S&P may from time to time use to describe the Company’s senior unsecured non-credit enhanced long term indebtedness, such rating, the “S&P Rating”) shall be at least BBB- (with a stable outlook) and the Company’s “corporate family rating” from Xxxxx’x (or such other term as Xxxxx’x may from time to time use to describe the Company’s senior unsecured non-credit enhanced long term indebtedness, such rating, the “Xxxxx’x Rating”) shall be at least Baa3 (with a stable outlook) or (ii) (x) the Company’s S&P Rating shall be at least BBB- (with a stable outlook) or the Company’s Xxxxx’x Rating shall be at least Baa3 (with a stable outlook) and (y) the Leverage Ratio is less than or equal to 2.50 to 1.00.

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

  • Excluded Events has the meaning set forth in Section 6.1(d)(ii).

  • Financial Covenant Event of Default has the meaning specified in Section 8.01(b).

  • Specified Event of Default means an Event of Default under Section 7.01(a), (b), (h) or (i).

  • Credit Event Upon Merger has the meaning specified in Section 5(b).

  • Listed Events means any of the events listed in Section 5(a) of this Disclosure Certificate.

  • Specified Condition means, with respect to a party, any event specified as such for that party in Paragraph 13.

  • 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;

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

  • Event of Noncompliance has the meaning set forth in the Certificate of Designation.

  • Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.

  • Credit Event UPB With respect to any Credit Event Reference Obligation, the unpaid principal balance thereof as of the end of the Reporting Period related to the Payment Date that it became a Credit Event Reference Obligation.

  • Senior Event of Default means an Event of Default under the Senior Loan Documents.

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

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • PTC Event of Default means, with respect to each Trust Agreement, the failure to pay within 10 Business Days after the due date thereof: (i) the outstanding Pool Balance of the applicable Class of Certificates on the Final Legal Distribution Date for such Class or (ii) interest due on such Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or a withdrawal from the Cash Collateral Account relating to a Liquidity Facility for such Class, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee entitled thereto).

  • 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)).

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

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

  • Conditions means these terms and conditions;

  • Owner Event of Default shall have the meaning set forth in Section 18.3.

  • Material Events means any of the events listed in Section 3 of this Continuing Disclosure Undertaking.

  • Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.