Facility Suspension Event definition

Facility Suspension Event means (i) the occurrence of a Servicer Replacement Event, (ii) any disclaimer of its obligations by the guarantor under the CACI Performance Undertaking or failure of the CACI Performance Undertaking to be in full force and effect or (iii) any disclaimer of its obligations by the Revolver Agent under the Intercreditor Agreement or failure of the Intercreditor Agreement to be in full force and effect.
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Facility Suspension Event means (i) the occurrence of a Servicer Replacement Event or (ii) the occurrence of a Shutdown of the U.S. Government, or (iii) any disclaimer of its obligations by the guarantor under any Parent Guaranty or failure of any Parent Guaranty to be in full force and effect; provided that with respect to each Parent Guaranty provided by CSC, this clause (iii) shall only apply prior to the CSC Guaranty Termination Date.
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Facility Suspension Event means (i) the occurrence of a Servicer Replacement Event or (ii) any disclaimer of its obligations by the guarantor under any Parent Guaranty or failure of any Parent Guaranty to be in full force and effect.
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Examples of Facility Suspension Event in a sentence

  • However, the information contained in this report suggests that such powers would be likely to have the opposite effect and,if anything,to increase risk.


More Definitions of Facility Suspension Event

Facility Suspension Event means (i) the occurrence of a Servicer Replacement Event or (ii) any disclaimer of its obligations by the guarantor under the Parent Guaranty or failure of the Parent Guaranty to be in full force and effect.
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Facility Suspension Event means (i) the occurrence of a Servicer Replacement Event or (ii) the occurrence of a Shutdown of the U.S. Government, or (iii) any disclaimer of its obligations by the guarantor under anythe CSRA Inc. Parent Guaranty or failure of anythe CSRA Inc. Parent Guaranty to be in full force and effect; provided that with respect to each Parent Guaranty provided by CSC, this clause (iii) shall only apply prior to the CSC Guaranty Termination Date. .
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Facility Suspension Event means each event or circumstance set out in Clause 7.1 (Facility Suspension Events) of the Receivables Loan Agreement.
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Facility Suspension Event set forth in Section 1.1 of the Existing Agreement is deleted in its entirety and restated as follows:
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Facility Suspension Event means the occurrence of either (i) a Servicer Replacement Event, or (ii) a Shutdown of the U.S. Government.
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Facility Suspension Event means, with respect to this facility, ------------------------- (i) the representations contained in this Agreement with respect to FMAC or ICI contained in Section 6 are inaccurate in any material respect or there is a --------- material breach in any of FMAC's or ICI's covenants contained in this Agreement; or (ii) an Event of Default, or any event that with the passage of time or the giving of notice would constitute an Event of Default, shall have occurred and be continuing.
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Related to Facility Suspension Event

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

  • Subscription Suspension Event means the delivery by the Issuer of a notice in writing to each Authorised Participant, the Issuing and Paying Agent and the Determination Agent pursuant to the LS Operating Procedures Agreement stating that with effect from the date specified in such notice subscription of the ETP Securities shall be so suspended.

  • 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.

  • SOFR Index Cessation Event means the occurrence of one or more of the following events:

  • OBFR Index Cessation Event means the occurrence of one or more of the following events:

  • Availability Date means the day after the end of the fourth fiscal quarter following the fiscal quarter that includes such Effective Time on which the Company is required to file its Form 10-Q for such fiscal quarter except that, if such fourth fiscal quarter is the last quarter of the Company’s fiscal year, “Availability Date” means the day after the end of such fourth fiscal quarter on which the Company is required to file its Form 10-K.

  • €STR Index Cessation Event means the occurrence of one or more of the following events, as determined by the Issuer and notified by the Issuer to the Calculation Agent:

  • Special event permit means a permit granted by the Division

  • Index Cessation Event means, with respect to an Applicable Benchmark, (a) a public statement or publication of information by or on behalf of the Administrator of the Applicable Benchmark announcing that it has ceased or will cease to provide the Applicable Benchmark permanently or indefinitely, provided that, at the time of the statement or publication, there is no successor administrator or provider, as applicable, that will continue to provide the Applicable Benchmark; or (b) a public statement or publication of information by the regulatory supervisor for the Administrator of the Applicable Benchmark, the central bank for the currency of the Applicable Benchmark, an insolvency official with jurisdiction over the Administrator for the Applicable Benchmark, a resolution authority with jurisdiction over the Administrator for the Applicable Benchmark or a court or an entity with similar insolvency or resolution authority over the Administrator for the Applicable Benchmark, which states that the Administrator of the Applicable Benchmark has ceased or will cease to provide the Applicable Benchmark permanently or indefinitely, provided that, at the time of the statement or publication, there is no successor administrator or provider that will continue to provide the Applicable Benchmark.

  • Facility Maturity Date means the earliest to occur of (i) the Stated Maturity Date, (ii) the date of the declaration, or automatic occurrence, of the Facility Maturity Date pursuant to Section 7.01, (iii) the Collection Date and (iv) the occurrence of the termination of this Agreement pursuant to Section 2.18(b) hereof.

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