Impact Event definition

Impact Event means any event specified as an Impact Event in Schedule A.
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Impact Event means any of the following: (a) Licensor's admission in writing that it is unable to pay its debts generally as they become due; (b) Licensor's making of a general assignment for the benefit of creditors; (c) the commencement of foreclosure proceedings affecting the Software by any creditor of Licensor, which proceedings are not dismissed within sixty (60) days after service thereof on Licensor; (d) Licensor's consent to the filing of a petition of bankruptcy against it; (e) the filing of a petition of bankruptcy against Licensor that remains unstayed or is not dismissed within sixty (60) days after such filing; ------------------ -------------------------------------- -------------- ------- Effective: 5/1/00 OEM Alternans Product Specifications 00-0000-000 Page ------------------ -------------------------------------- -------------- ------- (f) the adjudication of Licensor as being bankrupt or insolvent by a court of competent jurisdiction; (g) any action by Licensor seeking reorganization under any bankruptcy act or law of debtor's moratorium or Licensor's consent to the filing of a petition seeking such reorganization; (h) the entry of a decree against Licensor by a court of competent jurisdiction appointing a receiver, liquidator, trustee, or assignee in bankruptcy or in insolvency covering all or substantially all of Licensor's property or providing for the liquidation of Licensor's property or business affairs; (i) the termination of substantially all of Licensor's on-going business operations relating to the Software; (j) any liquidation of Licensor, or involuntary sale; (k) cessation of business or of the maintenance or support of the Software by Licensor.
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Impact Event means (a) any rejection or termination of the Publishing Agreement or this Agreement by Author or its successors or representatives in breach of the provisions of the Publishing Agreement or this Agreement, including in all events any rejection or termination of the Publishing Agreement or any proposal to do so under Title 11 of the United States Code, as now constituted or hereafter amended (the "Bankruptcy Code"), or any other federal or state bankruptcy, insolvency, receivership, or similar law; (b) failure of a trustee, including Author as debtor in possession, in any bankruptcy case hereafter filed by or against Author either to assume the Publishing Agreement and this Agreement within fifteen (15) days after the filing of the initial bankruptcy petition or to perform the Publishing Agreement and this Agreement within the meaning of Section 365(a)(4)(I) of the Bankruptcy Code; (c) the termination of substantially all of Author's ongoing business operations relating to the subject matter of the Publishing Agreement and this Agreement; (d) any liquidation of Author, or any sale, assignment, or foreclosure of or upon assets that are necessary for the performance by Author of its responsibilities under the Publishing Agreement and this Agreement; and (e) any failure of Author to cure a breach by Author within the cure period specified in the Publishing Agreement.
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Examples of Impact Event in a sentence

  • If a Party disagrees with GDC’s determination with respect to the occurrence of a Cost Impact Event or the amount of Cost Impacts attributable to such event, the Parties shall resolve the dispute as described in Article XV.

  • Such Cost Impact Event Notice shall describe the Cost Impact Event and (to the extent such information is available at the time), the efforts of the Requesting Party and the applicable HTP Contractors, if any, that have been (or are going to be) undertaken by such party to overcome or mitigate the potential adverse effect on the cost for performance of the work from such Cost Impact Event.

  • After the issuance of a Cost Impact Event Notice, the Requesting Party shall provide updates in writing to GDC every 30 calendar days or as reasonably necessary to keep the other Parties informed of the impacts of the Cost Impact Event, including in such updates, to the extent such information is available, estimates of the Cost Impacts that will result from the applicable Cost Impact Event.

  • Upon satisfaction by the Requesting Party of the terms and conditions in this subsection (c), the Parties shall use good faith efforts to agree on the Cost Impacts attributable to the Cost Impact Event.

  • Standard Test Method for Measuring the Damage Resistance of a Fiber-Reinforced Polymer Matrix Composite to a Drop-Weight Impact Event.

  • REQUIRED USE FEELow Impact Event: Registration Fee of *$100.00 and Security Deposit of **$500.00 in a bank-certified check payable to the “Detroit RiverFront Conservancy.” Medium Impact Event: Registration Fee of *$500.00 and Security Deposit of **$750.00 in a bank-certified check payable to the “Detroit RiverFront Conservancy.” High Impact Event: Registration Fee of $*1,000.00.

  • However, Unscheduled Outages that are attributed to Customer negligence or Customer software failure are considered an Impact Event.

  • Service No. Updated Description of the Extreme Weather and Hazard Impact Event Services Tropical Cyclone Advices will be updated at following frequencies: • Containing watch only – 6 hourly • Containing warning – at least 3 hourly • Coastal Crossing – hourly within 6 hours of crossing for Cat-2 and above.

  • List of Cases Developed per TUL TULPTC Impact Event The following subsections describe the results obtained at various TUL and with various train control methods.

  • GROUNDS MAINTENANCE AND SECURITYLow Impact Event: (1 cleaner + 1 security guard) $100.00/hr.Medium Impact Event: (2 cleaners + 2 security guards) $150.00/hr.High Impact Event: (TBD)** TBD*** *The fees will not be waived for any reason except as noted for political advocacy events.

Related to Impact Event

  • 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.

  • Barrier Event means that R (final) is lower than the Barrier.

  • XXXX Event means if there are any Mortgaged Properties at any time, any increase, extension of the maturity or renewal of any of the Commitments or Loans (including any incremental credit facility hereunder, but excluding (i) any continuation or conversion of Borrowings, (ii) the making of any Revolving Loans or (iii) the issuance, renewal or extension of Letters of Credit).

  • Announcement Event means the occurrence of an Announcement Date in respect of a Merger Event or Tender Offer, notwithstanding the fact that such Merger Date or Tender Offer Date may not, or may not be anticipated to, occur on or prior to the Valuation Date for the related Component. The definition of “Announcement Date” in Section 12.1(l) of the Equity Definitions shall be amended by (a) replacing the word “leads” in the third line thereof and in the fifth line thereof with the words “could lead (as determined by the Calculation Agent)” (b) deleting the word “firm” in the second and fourth lines thereof and (c) inserting the words “, and any publicly announced change or amendment to such an announcement (including the announcement of an abandonment of such intention)” at the end of clauses (i) and (ii) thereof. Consequences of Merger Events: Merger Event:

  • Relevant Event means any Termination Event or any Mandatory Prepayment Event or any event which after the giving of notice or lapse of time or the satisfaction of any other condition (or any combination thereof) would constitute a Termination Event or a Mandatory Prepayment Event;

  • Replacement Event shall have the meaning specified in Section 11.16.

  • Put Event means the occurrence of:

  • Severe Disruption Event means any event specified as such in the Final Terms.

  • Procurement Event means the request for proposals, the evaluation of proposals and bids for wholesale energy products, and the execution of the applicable supplier contracts with Ameren Illinois Company as a counterparty pursuant to the Procurement Plan for the period starting in June 2021, as proposed by the Illinois Power Agency and approved by the Illinois Commerce Commission in Docket No. 20-0717.

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

  • Emergency Event means any situation arising from sudden and reasonably unforeseen natural disaster such as earthquake, flood, fire, or other acts of God, or other unforeseen events beyond the control of the portable engine or equipment unit operator, its officers, employees, and contractors that threatens public health and safety and that requires the immediate temporary operation of portable engines or equipment units to help alleviate the threat to public health and safety.

  • Disruption Event means either or both of:

  • Adjustment Event means each of the following events:

  • Step Up Event means a failure to meet the Minimum Rating Requirement at any time, unless:

  • Delay Event means: (i) a tsunami, flood, cyclone, earthquake, bushfire or other act of nature; (ii) riot, civil commotion, war, invasion or a terrorist act; (iii) an imminent threat of an event in paragraphs (i) or (ii); or (iv) compliance with any lawful direction or order by a Government Agency;

  • Public event means any event that can be attended by the

  • Index Replacement Event means each of the following events:

  • Acquisition Event means a merger or consolidation in which the Company is not the surviving entity, any transaction that results in the acquisition of all or substantially all of the Company’s outstanding Common Stock by a single person or entity or by a group of persons and/or entities acting in concert, or the sale or transfer of all or substantially all of the Company’s assets.

  • Amendment Event means that Counterparty amends, modifies, supplements, waives or obtains a waiver in respect of any term of the Indenture or the Convertible Securities governing the principal amount, coupon, maturity, repurchase obligation of Counterparty, redemption right of Counterparty, any term relating to conversion of the Convertible Securities (including changes to the conversion price, conversion settlement dates or conversion conditions), or any term that would require consent of the holders of not less than 100% of the principal amount of the Convertible Securities to amend, in each case without the consent of Dealer.

  • Notification Event means (a) the occurrence of a “reportable event” described in Section 4043 of ERISA for which the 30-day notice requirement has not been waived by applicable regulations issued by the PBGC, (b) the withdrawal of any Loan Party or ERISA Affiliate from a Pension Plan during a plan year in which it was a “substantial employer” as defined in Section 4001(a)(2) of ERISA, (c) the termination of a Pension Plan, the filing of a notice of intent to terminate a Pension Plan or the treatment of a Pension Plan amendment as a termination, under Section 4041 of ERISA, if the plan assets are not sufficient to pay all plan liabilities, (d) the institution of proceedings to terminate, or the appointment of a trustee with respect to, any Pension Plan by the PBGC or any Pension Plan or Multiemployer Plan administrator, (e) any other event or condition that would constitute grounds under Section 4042(a) of ERISA for the termination of, or the appointment of a trustee to administer, any Pension Plan, (f) the imposition of a Lien pursuant to the IRC or ERISA in connection with any Employee Benefit Plan or the existence of any facts or circumstances that could reasonably be expected to result in the imposition of a Lien, (g) the partial or complete withdrawal of any Loan Party or ERISA Affiliate from a Multiemployer Plan (other than any withdrawal that would not constitute an Event of Default under Section 8.12), (h) any event or condition that results in the reorganization or insolvency of a Multiemployer Plan under Sections of ERISA, (i) any event or condition that results in the termination of a Multiemployer Plan under Section 4041A of ERISA or the institution by the PBGC of proceedings to terminate or to appoint a trustee to administer a Multiemployer Plan under ERISA, (j) any Pension Plan being in “at risk status” within the meaning of IRC Section 430(i), (k) any Multiemployer Plan being in “endangered status” or “critical status” within the meaning of IRC Section 432(b) or the determination that any Multiemployer Plan is or is expected to be insolvent or in reorganization within the meaning of Title IV of ERISA, (l) with respect to any Pension Plan, any Loan Party or ERISA Affiliate incurring a substantial cessation of operations within the meaning of ERISA Section 4062(e), (m) an “accumulated funding deficiency” within the meaning of the IRC or ERISA (including Section 412 of the IRC or Section 302 of ERISA) or the failure of any Pension Plan or Multiemployer Plan to meet the minimum funding standards within the meaning of the IRC or ERISA (including Section 412 of the IRC or Section 302 of ERISA), in each case, whether or not waived, (n) the filing of an application for a waiver of the minimum funding standards within the meaning of the IRC or ERISA (including Section 412 of the IRC or Section 302 of ERISA) with respect to any Pension Plan or Multiemployer Plan, (o) the failure to make by its due date a required payment or contribution with respect to any Pension Plan or Multiemployer Plan, (p) any event that results in or could reasonably be expected to result in a liability by a Loan Party pursuant to Title I of ERISA or the excise tax provisions of the IRC relating to Employee Benefit Plans or any event that results in or could reasonably be expected to result in a liability to any Loan Party or ERISA Affiliate pursuant to Title IV of ERISA or Section 401(a)(29) of the IRC, or (q) any of the foregoing is reasonably likely to occur in the following 30 days.

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

  • Occurrence means an accident, including continuous or repeated exposure to substantially the same general harmful conditions.

  • Index Adjustment Event means, in respect of the Index, an Administrator/Benchmark Event, an Index Cancellation, an Index Disruption or an Index Modification.

  • ii) Event means any event described in Section 11(a)(ii) hereof.

  • Load Management Event means a) a single temporally contiguous dispatch of Demand Resources in a Compliance Aggregation Area during an Operating Day, or b) multiple dispatches of Demand Resources in a Compliance Aggregation Area during an Operating Day that are temporally contiguous.

  • Major Event means an event which is likely to pose a serious risk to public health in relation to medicinal products in more than one Member States. Such an event concerns a deadly threat or otherwise serious threat to health of biological, chemical, environmental or other origin or incident that can affect the supply or quality, safety, and efficacy of medicinal products. Such an event may lead to shortages of medicinal products in more than one Member State and necessitates urgent coordination at Union level in order to ensure a high level of human health protection.