Partial Termination Event definition

Partial Termination Event means this Agreement is or could be terminated in relation to one or more particular Named Projects pursuant to Conditions 5.4.2 or 5.4.3;
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Partial Termination Event shall occur if on any day (i) the Transaction Equity for such day exceeds 4.9% of the number of outstanding Common Shares on such day or (ii) the Net Transfer Balance for such day exceeds the Available Common Shares for such day, in each case determined on an aggregate basis for all outstanding Transactions. Upon the occurrence of a Partial Termination Event, Citibank shall be entitled to commence an Unwind Period with respect to a portion of the Outstanding Aggregate Amount for all Transactions equal to the amount determined by Citibank so that after completion of the Unwind Period related to the Partial Termination Event, (x) in the case of (i) above, the Transaction Equity would not exceed 4.9% of the number of outstanding Common Shares and (y) in the case of (ii) above, the Net Transfer Balance would not exceed the Available Common Shares. Citibank shall allocate the portion of such Outstanding Aggregate Amount that is to be the subject of the Unwind Period to one or more Transactions as it determines appropriate. Such Unwind Period shall commence on a Trading Day and end on and include a Trading Day, each as designated by Citibank in a notice to Counterparty delivered at least two Business Days prior to the commencement date of the Unwind Period designated in such notice. At the option of Citibank upon notice to Counterparty, an Unwind Period that has commenced with respect to a Transaction shall terminate on the Trading Day prior to the start of the Unwind Period for such Partial Termination Event. WHERE:
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Partial Termination Event means the event envisaged under clause 72.8 (Partial Termination by TfL);
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Examples of Partial Termination Event in a sentence

  • The Third Party Conditions of the Purchaser Parties set forth on Schedule 8.2(d) shall have been satisfied and shall be in effect in relation to each Project, save to the extent that any of those conditions relate to a Project in respect of which a Project Partial Termination Event has occurred.

  • If any Project is subject to a Project Partial Termination Event, the Parties agree to work cooperatively in good faith to resolve any separation, transition and IT issues arising therefrom and shall commence the transition of IT systems for the Project in accordance with Section 6.25.

  • For the avoidance of doubt, subject to Section 8.1(e), the failure of a Third Party Condition in this Section 8.2(d) or Section 8.3(d) with respect to a Project, unless otherwise waived, will result in a Project Partial Termination Event with respect to such Project only.

  • The Third Party Conditions of the Sellers set forth in Schedule 8.3(d) shall have been satisfied and shall be in effect, save to the extent any of those conditions relate to a Project in respect of which a Project Partial Termination Event has occurred.

  • At the option of Citibank upon notice to Counterparty, an Unwind Period that has commenced with respect to a Transaction shall terminate on the Trading Day prior to the start of the Unwind Period for such Partial Termination Event.

  • A "Partial Termination Event" shall occur if on any day (i) the Transaction Equity for such day exceeds 4.9% of the number of outstanding Common Shares on such day or (ii) the Net Transfer Balance for such day exceeds the Available Common Shares for such day, in each case determined on an aggregate basis for all outstanding Transactions.

  • A "Partial Termination Event" shall occur if on any day the Transaction Equity for such day exceeds 4.9% of the number of outstanding Common Shares on such day determined on an aggregate basis for all outstanding Transactions.

  • For purposes of "Optional Unwind" and "Maturity Termination," and unless Citibank (in the case of "Share Price Event," "Credit Event" or "Partial Termination Event") elects to terminate an Unwind Period in effect in accordance with the last sentence of such paragraphs, any Daily Transfer Amount for which an Unwind Period is in effect shall be deemed not outstanding for purposes of determining the Outstanding Aggregate Amount to be subject to such an Unwind Period.

  • For purposes of "Optional Unwind" and "Maturity Termination," and unless Citibank (in the case of a "Credit Event" or "Partial Termination Event") elects to terminate an Unwind Period in effect in accordance with the last sentence of such paragraphs, any Daily Delivery Amount for which an Unwind Period is in effect shall be deemed not outstanding for purposes of determining the Outstanding Aggregate Amount to be subject to such an Unwind Period.

  • For purposes of "Optional Unwind" and "Maturity Termination," and unless Citibank (in the case of "Share Price Event," "Credit Event" or "Partial Termination Event") elects to terminate an Unwind Period in effect in accordance with the last sentence of such paragraphs, any Daily Delivery Amount for which an Unwind Period is in effect shall be deemed not outstanding for purposes of determining the Outstanding Aggregate Amount to be subject to such an Unwind Period.


More Definitions of Partial Termination Event

Partial Termination Event means any of the events envisaged under Clause 62.11 (Termination);
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Partial Termination Event means the event envisaged under Clause 61.7 (Partial Termination by TfL);"Partial Termination Notice"means a notice issued by TfL pursuant to Clause 62.3 (Termination);"Parties"means TfL and the Service Provider and "Party" shall be construed accordingly;"Pass-Through Charge"means a charge payable and calculated in accordance with paragraph 5 of Schedule 7 (Charging and Operational Pricing);"Pay Next Day"means the facility that allows Customers to make a Charge Payment up to midnight on the relevant Charging Day following the date of travel;"Payment Authorisation"means authorisation from the Merchant Acquirer that the payment has been approved;"Payment Card Industry Data Security Standard" or "PCI DSS" means the proprietary information security standard for organisations that handle card holder information for all debit, credit, pre-paid, e-wallet, ATM, and POS cards;"PCI-DSS"has the meaning given to it Clause 45.8 (PCI-DSS);"PECED"means Privacy and Electronic Communications (EC Directive) Regulations 2003;"Pending Claim"means a Scenario 1 Pending Claim and/or a Scenario 2 Pending Claim (as the context requires or permits);"Performance Indicator" or "PI"means an indicator of the Service Provider's performance against which Service Levels and Service Failure Deductions will be applied as set out in Schedule 5 (Service Level Agreement); "Performance Indicator Report" has the meaning given to it in paragraph 10 of Schedule 10 (Contract Management and Reporting);"Performance Indicator Report Date"means, in respect of a Performance Indicator Report for a Month, the eighth (8th) Working Day following the end of each Month;"Performance Management Regime"has the meaning given to it in paragraph 2.1 of Schedule 5 (Service Level Agreement); "Period"means one of the thirteen four week intervals, which starts on the 1st April and finishes on the 31st March each financial year and "Periodic" should be construed accordingly;"Permanent Evidence Store" or "PES"means the permanent Data store for Evidential Records held in the Service Systems; "Persistent Breach"means a breach of this Agreement or of the Guarantee (as appropriate) which has continued beyond twenty (20) Working Days after the date of service of the notice referred to in Clause 61.4 (Termination) or has recurred three (3) or more times during the Month after the date of service of such notice; "Person Liable"means, in relation to a Vehicle, the person who the Service Provider has properly established as the p...
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Partial Termination Event means an event described in the Gas Purchase Contact, which requires the partial termination thereof.
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Partial Termination Event shall have the meaning given in Section 5 hereof.
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Partial Termination Event has the meaning set forth in Section 8.2(e).
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Related to Partial Termination Event

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

  • Additional Termination Event has the meaning specified in Section 5(b).

  • Company Termination Event has the meaning set forth in Section 10 hereof.

  • Partial Termination has the meaning set forth in the Section 6.3(a).

  • Consultation Termination Event shall have the meaning assigned to such term or an analogous term in the Servicing Agreement.

  • ERISA Termination Event means (i) a “Reportable Event” described in Section 4043 of ERISA and the regulations issued thereunder (other than a “Reportable Event” not subject to the provision for 30-day notice to the PBGC under such regulations), or (ii) the withdrawal of a Borrower or any of its ERISA Affiliates from a “single employer” Plan during a plan year in which it was a “substantial employer”, both of such terms as defined in Section 4001(a) of ERISA, or (iii) the filing of a notice of intent to terminate a Plan or the treatment of a Plan amendment as a termination under Section 4041 of ERISA, or (iv) the institution of proceedings to terminate a Plan by the PBGC or (v) any other event or condition which might constitute grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Plan or (vi) the partial or complete withdrawal of a Borrower or any ERISA Affiliate of such Borrower from a “multiemployer plan” as defined in Section 4001(a) of ERISA.

  • Unmatured Termination Event means an event that, with the giving of notice or lapse of time, or both, would constitute a Termination Event.

  • Commitment Termination Event means the earlier of (a) automatically and without notice or further action, the occurrence of any Event of Default described in Section 7.01(i) (Bankruptcy, Insolvency, etc.) with respect to the Borrower and (b) the occurrence and continuation of any other Event of Default under this Agreement pursuant to which either a Commitment Termination Event has been expressly declared or a declaration of the Loan to be due and payable has been given, in each case pursuant to Section 7.03 (Action if other Event of Default).

  • Exercise Termination Event (i) the Effective Time (as defined in the Merger Agreement) of the Merger; (ii) termination of the Merger Agreement in accordance with the provisions thereof if such termination occurs prior to the occurrence of an Initial Triggering Event, except a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional); or (iii) the passage of 12 months after termination of the Merger Agreement if such termination follows the occurrence of an Initial Triggering Event or is a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional) (provided that if an Initial Triggering Event continues or occurs beyond such termination and prior to the passage of such 12-month period, the Exercise Termination Event shall be 12 months from the expiration of the Last Triggering Event but in no event more than 18 months after such termination). The "Last Triggering Event" shall mean the last Initial Triggering Event to expire. The term "Holder" shall mean the holder or holders of the Option.

  • Early Termination Event has the meaning specified in Section 9.2.

  • Forbearance Termination Event has the meaning set forth in Section 3(a) hereto.

  • Event Termination Date See Section 2(e) hereof.

  • Swap Termination Event means any event defined as a “Swap Termination Event” in the Interest Rate Swap Agreement.

  • Control Termination Event shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Incipient Event of Termination means an event that but for notice or lapse of time or both would constitute an Event of Termination.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Termination Events means each of the events specified in Clause 10.3 of this Contract.

  • Event of Termination has the meaning specified in Section 7.01.

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

  • Servicer Termination Event shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, any analogous concept under the servicing agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this Agreement.

  • Automatic Termination shall have the meaning set forth in Section 2.3.2.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.