Financial Event definition

Financial Event shall have the meaning ascribed to that term in Section 10.2(b).
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Financial Event means a significant negative financial event, including a downgrading of a credit rating or being put on a negative watch list by a ratings agency, having a credit alert issued or insolvency.
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Financial Event means a significant negative financial event or impairment, including but not limited to: a downgrading of a credit rating, or being put on a negative watch list by a ratings agency, or having a credit alert issued, or the commencement or impending commencement of proceedings for the winding up, bankruptcy, dissolution, liquidation, scheme of arrangement, judicial management, restructuring, administration, re-organisation or other similar process of the Buyer and/or its Affiliates.
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Examples of Financial Event in a sentence

  • A history of the changes to the obligations is maintained on FINLOG – Financial Event Diary.

  • A Final Financial Event Report must be submitted to the Special Events Coordinator no later than 30 days after the completion of the project or event.

  • All awardees are required to submit a Final Financial Event Report to the Special Events Coordinator no later than 30 days after the completion of the event.

  • Recipients are asked to describe these efforts when answering questions in the Final Financial Event Report.

  • No Financial Event of Default is continuing or might reasonably be expected to result from the entering into or performance by the Company of any of the Transaction Documents.

  • Additionally, ACCCA will provide Financial Event Reports at the conclusion of each Conference and each Institute Program.

  • In the event of any Material Financial Event or in the event District has not paid any Deficiency Amount when due, Ticketmaster shall have the option to require District to provide additional security to Ticketmaster of a type (e.g., letter of credit, guaranty or performance bond) and in an amount as requested by Ticketmaster in its sole discretion, which District shall provide to Ticketmaster within five (5) business days after Ticketmaster’s request.

  • In addition to being affected by modernity in much the same way as the other Bedouins communities of Jordan, tribes in the Petra and Wadi Rum areas have experienced the development of tourism in what used to be their tribal territories.

  • The rst dif- ference is not to nd as many potential problems as possible (with the chance of false alarms) but to report only true alarms in order to invoke the expensive healing mechanisms only when some problem really occurs.

  • All Obligation Maintenance actions are written to the FINLOG – Financial Event Diary.


More Definitions of Financial Event

Financial Event means any of the following:
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Financial Event means either
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Financial Event shall have occurred if (i) the Company's independent auditors determine that they will not be able to deliver an unqualified independent auditors' report with respect to the Company's financial statements , (ii) the Company publicly discloses that, or management advises the Company's Board of Directors that, it does not expect to have or may not have sufficient liquidity to meet expected obligations over the following 12 months or (iii) the Company reports, or management advises the Company's Board of Directors that it will report, net losses (calculated on a cash basis by adding non-cash items that reduced income) for any two consecutive quarterly periods that in the aggregate exceed $10,000,000.
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Financial Event shall have the meaning ascribed to it in Section 10.2(a). THIS EXHIBIT HAS BEEN REDACTED AND IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST. REDACTED MATERIAL IS MARKED WITH [*] AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
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Financial Event means any occurrence having financial consequences to Peace Corps related to the receipt of appropriations or other financial resources; acquisition of goods or services; payments or collections; recognition of guarantees, benefits to be provided, or other potential liabilities; or other reportable financial activities.
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Related to Financial Event

  • Special Event means any of a Tax Event, an Investment Company Event or a Capital Treatment Event.

  • Capital Event means and includes: (i) any transaction involving the sale, exchange or other disposition of the Project or the Company (but excluding any incidental sales or exchanges of tangible personal property and fixtures), (ii) any financing, refinancing or borrowing secured by the Project or the Company, and (iii) any condemnation or recovery of damage awards and property insurance proceeds (excluding proceeds from any rent or business interruption insurance).

  • Change of Control Triggering Event means the occurrence of both a Change of Control and a Rating Event.

  • Significant Event means any Amortization Event or Event of Default.

  • Default Event means an event or circumstance which leads Operator to determine that a Venue User is or appears to be unable or likely to become unable to meet its obligations in respect of an Order or Transaction or to comply with any other obligation under an Agreement or Applicable Law.

  • 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.

  • Rating Event means the rating on the Notes is lowered by each of the Rating Agencies and the Notes are rated below an Investment Grade Rating by each of the Rating Agencies on any day within the 60-day period (which 60-day period will be extended so long as the rating of the Notes is under publicly announced consideration for a possible downgrade by any of the Rating Agencies) after the earlier of (a) the occurrence of a Change of Control and (b) public notice of the occurrence of a Change of Control or the Company’s intention to effect a Change of Control; provided that a Rating Event will not be deemed to have occurred in respect of a particular Change of Control (and thus will not be deemed a Rating Event for purposes of the definition of Change of Control Triggering Event) if each Rating Agency making the reduction in rating does not publicly announce or confirm or inform the Trustee in writing at the request of the Company that the reduction was the result, in whole or in part, of any event or circumstance comprised of or arising as a result of, or in respect of, the Change of Control (whether or not the applicable Change of Control has occurred at the time of the Rating Event).

  • Dissolution Event means (i) a voluntary termination of operations, (ii) a general assignment for the benefit of the Company’s creditors or (iii) any other liquidation, dissolution or winding up of the Company (excluding a Liquidity Event), whether voluntary or involuntary.