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.
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.
Events Subsequent to Bid Balance Sheet Date. Except as set forth in Schedule 4.10, there has not been, since the Bid Balance Sheet Date, any adverse change in the condition (financial or other), properties, assets or liabilities of the Company or the Business. Without limiting the generality of the foregoing, since the Bid Balance Sheet Date:

Examples of Events Subsequent in a sentence

  • Note 21- Events Subsequent There were no events subsequent to December 31, 2008 that would require disclosure.

  • TheAmountThatCouldBeRealizedonLifeInsuranceWheretheReportingEntityisOwnerandBeneficiaryorHasOtherwiseObtainedRightstoControlthePolicyNotapplicable NOTE 22 Events Subsequent Not applicable NOTE 23 Reinsurance A.

  • The Amount That Could Be Realized on Life Insurance Where the Reporting Entity is Owner and Beneficiary or Has Otherwise Obtained Rights to Control the PolicyNot applicable NOTE 22 Events Subsequent Not applicable NOTE 23 Reinsurance A.

  • A9 Material Events Subsequent to the End of the Interim Period There were no material events subsequent to the end of the period under review that have not been reflected in the financial statements.

  • 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.

  • Information Concerning United Greeneries and Satipharm – General Development of the Business – History – United Greeneries – Events Subsequent to 2016".

  • Events Subsequent to Balance DateThere has not arisen in the interval between the end of the financial year and the date of this report any item, transaction or event of a material and unusual nature, likely, in the opinion of the directors of the Company, to affect significantly the operations of the Company, the results of those operations, or the state of affairs of the Company, in future financial years.

  • The auditor’s decision as to which of the phrases to use may be affected by generally accepted practice in the particular jurisdiction.Timing of Work and Events Subsequent to the Date of the Auditor’s Report on the Audited Financial Statements (Ref: Para.

  • Events Subsequent to Balance DateThere were no material events subsequent to balance date impacting on the financial statements.

  • 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.


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.

Related to Events Subsequent

  • Events Each of the following events or conditions will constitute an Event of Default and a repudiation of this Agreement by Lessee (whether any such event or condition is voluntary or involuntary or occurs by operation of law or pursuant to or in compliance with any judgment, decree or order of any court or any order, rule or regulation of any Government Entity):-

  • 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 each of the following events:

  • Event of Noncompliance means any one of the following events:

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

  • Credit Event UPB means, 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 a Senior Financing Agreement.

  • Company Event of Default bears the meaning ascribed thereto in Section 13.1; “Company Notice of Default” bears the meaning ascribed thereto in Section 13.2;

  • Servicer Event of Default wherever used herein, means any one of the following events:

  • 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 12.3 hereof

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