Extension Event II definition

Extension Event II has the meaning set forth in Article 8.D.
Extension Event II shall have the meaning ascribed to it in Section 17.2.

Examples of Extension Event II in a sentence

  • An “Extension Event” shall be either an Extension Event I or an Extension Event II.

  • An Extension Event I may be followed by an Extension Event II if the conditions for an Extension Event II have been satisfied.

  • An Extension Event II may occur without the occurrence of an Extension Event I.

  • The “Extension Notice” shall be a written notice, in substantially the form attached hereto as Exhibit G, from the Ceding Insurer stating whether the Ceding Insurer has elected an Extension Event I or an Extension Event II or if an Extension Event III has occurred.

Related to Extension Event II

  • Grace Period Extension Date means, if:

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Suspension Event As defined in Section 5(b) hereof.

  • Succession Event means an event such as a merger, consolidation, amalgamation, transfer of assets or liabilities, demerger, spin-off or other similar event in which one entity succeeds to the obligations of another entity, whether by operation of law or pursuant to any agreement. Notwithstanding the foregoing, “Succession Event” shall not include an event in which the holders of obligations of the Reference Entity exchange such obligations for the obligations of another entity, unless such exchange occurs in connection with a merger, consolidation, amalgamation, transfer of assets or liabilities, demerger, spin-off or other similar event.

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • Second Extension Period means a period of twelve (12) consecutive months following the First Extended Maturity Date.

  • First Extended Maturity Date has the meaning specified in Section 2.15(a).

  • Reduction Event means any of the following:

  • Exclusion Event means an event or related events resulting in the exclusion of the Borrower or any Subsidiary from participation in any Medical Reimbursement Programs.

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

  • Non-Extension Notice has the meaning specified in Section 2.10.

  • Second Extended Maturity Date has the meaning set forth in Section 2.10.

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Additional Disruption Event means any of Change in Law, Hedging Disruption and/or Increased Cost of Hedging.

  • Loan Event of Default An “Event of Default” as defined in the Loan Agreement.

  • Covenant Suspension Event has the meaning set forth in Section 4.18.

  • Extension Date has the meaning specified in Section 2.19(b).

  • Early Amortization Event means any Early Amortization Event specified in Section 5.01 of the Indenture.

  • Canadian Pension Event means (a) the voluntary whole or partial wind up of a Canadian Pension Plan by any Loan Party or Restricted Subsidiary; (b) the withdrawal of a Borrower or Restricted Subsidiary from a Canadian Union Plan; (c) the filing of a notice of intent to terminate in whole or in part a Canadian Pension Plan or Canadian Union Plan or the treatment of a Canadian Pension Plan or Canadian Union Plan amendment as a termination or partial termination; (d) the institution of proceedings by any Governmental Authority to terminate in whole or in part or have a trustee appointed to administer a Canadian Pension Plan or Canadian Union Plan, or (e) any other event or condition which might constitute grounds for the termination of, winding up or partial termination or winding up or the appointment of trustee to administer, any Canadian Pension Plan or Canadian Union Plan.

  • Potential Amortization Event means an event which, with the passage of time or the giving of notice, or both, would constitute an Amortization Event.

  • Commitment Termination Event means (a) the occurrence of any Event of Default described in clauses (a) through (d) of Section 8.1.9, or (b) the occurrence and continuance of any other Event of Default and either (i) the declaration of the Loans to be due and payable pursuant to Section 8.3, or (ii) in the absence of such declaration, the giving of notice to the Borrower by the Administrative Agent, acting at the direction of the Required Lenders, that the Commitments have been terminated.

  • Specified Event of Default means any Event of Default under Section 8.01(a), (f) or (g).

  • Extension Minimum Condition means a condition to consummating any Extension that a minimum amount (to be determined and specified in the relevant Extension Request, in the Borrower’s sole discretion) of any or all applicable Classes be submitted for Extension.

  • Non-Extension Drawing has the meaning specified in Section 3.5(d).

  • Rapid Amortization Event has the meaning given to it in Section 5.16.