Impossibility Event definition

Impossibility Event has the meaning given to such term in Section 27.
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Impossibility Event means any catastrophe, armed conflict, act of terrorism, riot or any other circumstance beyond the party's reasonable control affecting the operations of the party;
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Impossibility Event means any event due to (i) the occurrence of a natural or man-made disaster, (ii) armed conflict, (iii) act of terrorism, (iv) riot, (v) act of state, (vi) a failure by Company to meet internal projections or forecasts or published revenue or earnings predictions for any period ending on or after the date of this Agreement (provided, however, that the facts and circumstances underlying any such failure may, except as may be provided in clauses (i) through (viii) of this definition, be considered in determining whether a Material Adverse Change has occurred), (vii) conditions generally affecting the industries in which the Company participates, national, regional or world economies or financial markets or (viii) any effect arising primarily out of or resulting primarily from actions contemplated by the parties in connection with, or which is primarily attributable to, the announcement or pendency of this Agreement and the transactions contemplated hereby.
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Examples of Impossibility Event in a sentence

  • If, Eurex Clearing AG determines , under consideration of all applicable German laws, that the fulfilment of any obligation under any Transaction or any Clearing Agreement becomes impossible for any reason whatsoever (excluding the occurrence of any Market Disorder Event) ("Impossibility Event").

  • If, Eurex Clearing AG determines that the fulfillment of any obligation under any Swap Transaction or the FCM Clearing Agreement becomes impossible for any reason whatsoever (excluding the occurrence of any Market Disorder Event) (" Impossibility Event").

  • An Early Termination Event is defined as a Tax Event, a Legislative Event, an Investor Default Event, an Impossibility Event, an Index Cancellation Event or a Market Disruption Event.

  • Westpac decides in its discretion both whether to accept an early withdrawal request and the amount payable to you on early withdrawal (the Early Withdrawal Amount).• Early Termination risk: Westpac Maximiser may be terminated early by Westpac if a Tax Event, a Legislative Event, an Investor Default Event, an Index Cancellation Event, an Impossibility Event or a Market Disruption Event occurs.

  • Where: a Suspension Event continues to exist on the Long-Stop Date, then an Impossibility Event shall be deemed to have occurred in respect of the relevant EU Emissions Allowance Transaction.

  • Where a Suspension Event continues to exist on the Long-Stop Date, then an Impossibility Event shall be deemed to have occurred in respect of the relevant EU Emissions Allowance Transaction.


More Definitions of Impossibility Event

Impossibility Event means a moratorium, standstill, postponement or other restriction of access to transfer facilities needed with respect to payment obligations by the Securities Issuer to or to the order of any Secured Creditor under the Notes (including for the avoidance of doubt the Issuer and the Swap Counterparty) whether or not imposed or declared by a Governmental Authority
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Impossibility Event means any catastrophe, armed conflict, act of terrorism, riot or any other circumstance beyond the party’s reasonable control affecting the operations of the party;
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Impossibility Event means any event due to (i) the occurrence of a natural or man-made disaster, (ii) armed conflict, (iii) act of terrorism, (iv) riot, (v) act of state, (vi) a failure by Company to meet internal projections or forecasts or published revenue or earnings predictions
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Impossibility Event means any event due to (i) the occurrence of a natural or man-made disaster, (ii) armed conflict, (iii) act of terrorism, (iv) riot, (v) act of state, (vi) a failure by Company to meet internal projections or forecasts or published revenue or earnings predictions for any period ending on or after the date of this Agreement, (vii) conditions generally affecting the industries in which the Company participates, national, regional or world economies or financial markets, (viii) any effect arising primarily out of or resulting primarily from actions contemplated by the parties in connection with, or which is primarily attributable to, the announcement or pendency of this Agreement and the transactions contemplated hereby or (ix) any other similar circumstance beyond the control of the applicable Person.
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Impossibility Event means an event (excluding the occurrence of any Market Disorder Event) pursuant to which the fulfilment of any obligation under any Auction Transaction or the Auction Participation Agreement becomes impossible (unmöglich) or impracticable, for any reason whatsoever, as reasonably determined by Eurex Clearing AG under consideration of all applicable German laws.
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Related to Impossibility Event

  • Non-Viability Event means the earlier of:

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

  • Delay Event means any event set out at Clause 5.19.4 [Delay Events].

  • Disruption Event means either or both of:

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

  • Illegality Event means that:

  • Default Event means the occurrence of any of the following events:

  • Extraordinary Event means a Merger Event, Tender Offer, Nationalisation, Insolvency or Delisting, as the case may be.

  • Fund Disruption Event means any of the following events, as determined by the Determination Agent in its reasonable discretion:

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

  • Security Event means an immediately reportable subset of security incidents which incident would include:

  • Settlement Disruption Event means each of the following events, as determined by the Calculation Agent in its sole discretion acting in good faith and in a commercially reasonable manner:

  • Substantial disruption means without limitation that any one or more of the following occur as a result of the bullying:

  • 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;

  • Realization Event means (i) the consummation of a Sale of the Company; or (ii) any transaction or series of related transactions in which the Investor sells at least 50% of the Shares directly or indirectly acquired by it (from the Company or otherwise) and at least 50% of the aggregate of all Investor Investments.

  • Event shall have the meaning set forth in Section 2(d).

  • Change in Use means altering the purpose of an existing room, within the facility, that requires structural changes.

  • 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.

  • Potential Termination Event means an event which, but for the lapse of time or the giving of notice or both, would constitute a Termination Event.