Market Event definition

Market Event means any crisis in the major financial markets such that the holding, trading or managing of an investment in a Fund is impracticable, inadvisable or materially altered;
Market Event has the meaning set forth in Section 3.4.4(b).
Market Event has the meaning set forth in Section 5.4(b).

Examples of Market Event in a sentence

  • The foregoing shall not apply if, in connection with the Market Event, the Project is no longer in Company’s service territory or otherwise fails to meet any of the requirements of the Community Solar Act.


More Definitions of Market Event

Market Event means the occurrence of (i) a change in U.S. or international financial, political or economic conditions or currency exchange rates or exchange controls as would, in the sole judgment of the Remarketing Agent, be likely to prejudice materially the success of the Remarketing, issue, sale or distribution of the Subject Securities, or (ii) (A) any change, or any development or event involving a prospective change, in the condition (financial or other), business, properties or results of operations of the Company or its subsidiaries which, in the sole judgment of the Remarketing Agent, is material and adverse and makes it impractical or inadvisable to proceed with completion of the Remarketing or the sale of and payment for the Subject Securities; (B) any downgrading in the rating of the Subject Securities or any other debt securities of the Company by any "nationally recognized statistical rating organization" (as defined for purposes of Rule 436(g) under the Securities Act), or any public announcement that any such organization has under surveillance or review its rating of the Subject Securities or any other debt securities of the Company (other than an announcement with positive implications of a possible upgrading, and no implication of a possible downgrading, of such rating); (C) any suspension or limitation of trading in securities generally on the New York Stock Exchange, or any setting of minimum prices for trading on such exchange, or any suspension of trading of any securities of the Company on any exchange or in the over-the-counter market; (D) any banking moratorium declared by U.S. Federal or New York authorities; or (E) any outbreak or escalation of major hostilities in which the United States is involved, any declaration of war by Congress or any other substantial national or international calamity or emergency if, in the sole judgment of the Remarketing Agent, the effect of any such outbreak, escalation, declaration, calamity or emergency makes it impractical or inadvisable to proceed with completion of the Remarketing or the sale of and payment for the Subject Securities.
Market Event means (i) a public offering of equity securities of Employer commenced during the Term and completed no later than one year after the Term or (ii) a sale of all of the outstanding stock of Employer or the sale of all or substantially all of the assets of Employer to an unrelated third party completed no later than one year after the Term. Furthermore, the Board of Directors of Employer may waive such limitations in its sole discretion.
Market Event means an event or series of events resulting in:
Market Event means the occurrence of (i) a change in U.S. or international financial, political or economic conditions or currency exchange rates or exchange controls as would, to the sole judgment of the Remarketing Agent, be likely to prejudice materially the success of the Remarketing, issue, sale or distribution of the Subject Securities, or (ii) (A) any change, or any development or event involving a prospective change, in the condition (financial or other), business, properties or results of operations of the Company and its subsidiaries taken as a whole which, in the sole judgment of the Remarketing Agent, is material and adverse and makes it impractical or inadvisable to proceed with completion of the Remarketing or the sale of and payment for the Subject Securities; (B) any downgrading in the rating of the Subject Securities or any other debt securities of the Company by any "nationally recognized statistical rating organization" (as defined for purposes of Rule 436(g) under the Securities Act), or any public announcement that any such organization has under surveillance or review its rating of the Subject Securities or any other debt securities of the Company (other than an announcement with positive implications of a possible upgrading, and no implication of a possible downgrading, of such rating); (C) any suspension or limitation of trading in securities generally on the New York Stock Exchange, or any setting of minimum prices for trading on such exchange, or any suspension of trading of any securities of the Company on any exchange or in the over-the-counter market; (D) any banking moratorium declared by U.S. Federal or New York authorities; or (E) any outbreak or escalation of major hostilities in which the United States is involved, any declaration of war by Congress or any other substantial national or international calamity or emergency if, in the sole judgment of the Remarketing Agent, the effect of any of the events specified in (B), (C), (D) or (E) makes it impractical or inadvisable to proceed with completion of the Remarketing or the sale of and payment for the Subject Securities.
Market Event means but shall not necessarily be limited to the Urbana’s Market at the Square, Holiday Market, and Middle Market held in the city.
Market Event means the farmer’s market, holiday market, middle market, and similar market-type events sponsored, hosted, promoted, or conducted by the city or a third person within the city’s boundaries.
Market Event means (i) any change in the global, national, or regional political conditions (including civil unrest, riots, hostilities, acts of war, sabotage, terrorism or military actions or any escalation or material worsening of any such actions) or in the global, national or regional financial or economic conditions affecting the industries, regions and markets in which the Debtors operate, including any change in the United States or applicable foreign economies or securities, commodities (including oil and natural gas) or financial markets, (ii) changes in the market price or trading volume of the equity or debt securities of the Company or any other Debtor (but not the underlying facts giving rise to such changes unless such facts are otherwise excluding pursuant to a different clause in this Backstop Commitment Letter), (iii) earthquakes, any weather-related event, natural disasters or outbreak or escalation of hostilities or acts of war or terrorism, (iv) any changes after the date hereof in applicable Law or GAAP or enforcement thereof, (v) any epidemic, pandemic or disease outbreak (including the COVID-19 pandemic), or any Law, regulation, statute, directive, pronouncement or guideline issued by a Governmental Authority, the Centers for Disease Control and Prevention, or the World Health Organization, “sheltering-in-place,” curfews or other restrictions that relate to, or arise out of, an epidemic, pandemic or disease outbreak (including the COVID-19 pandemic) or any change in such Law, regulation, statue, directive, pronouncement or guideline or interpretation thereof following the date of this Backstop Commitment Letter or any material worsening of such conditions threatened or existing as of the date hereof, and(vi) declarations of national emergencies in the countries where any Debtor conducts a material portion of business.