Potential Trigger Event definition

Potential Trigger Event means an event, condition or default that, with the giving of notice, the passage of time, or both, would constitute a Trigger Event.
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Potential Trigger Event means an event that but for notice or lapse of ----------------------- time or both would constitute a Trigger Event. I_9
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Potential Trigger Event means the occurrence of any facts, events and/or circumstances which will become a Trigger Event if those facts, events and/or circumstances are not remedied:
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Examples of Potential Trigger Event in a sentence

  • It has held that such a right of access would be illusory if a Contracting Stateʹs legal system allowed a final, binding judicial decision to be inoperative to the detriment of one party.

  • Any BFC2 Potential Trigger Event, BFC2 Illegality Event, breach, default or similar event is "continuing" if it is has not been remedied or waived.

  • The vast majority of these records are international terrorist records – less than 1 percent of records related to the identities of suspected domestic terrorists.

  • The basement extension would have no external visual manifestations and meets all technical standards and considerations.

  • FPL shall complete the replacement of a portion of the existing containment spray system carbon steel piping with stainless steel piping by December 1, 2024, so that any remaining carbon steel piping will not normally be internally exposed to borated water during the subsequent period of extended operation.

  • To the extent that the Portfolio Loss Percentage is not a number indicated in the first column of the Trigger Matrix, the Trigger Rating Factor shall be determined by the Calculation Agent in its sole and absolute discretion as being in the row corresponding to the highest number indicated in the first column of the Trigger Matrix which is equal to or lower than the Portfolio Loss Percentage and the column corresponding to the relevant Potential Trigger Event Date.

  • Trigger Rating Factor: For any Potential Trigger Event Date means theapplicable Portfolio Weighted Average Rating Factor taken from the matrix set out in Annex E (“the Trigger Matrix”).

  • No Trigger Event has occurred and no Potential Trigger Event is continuing or might reasonably be expected to result from the entry into of, or the performance of any transaction contemplated by, the Finance Documents.

  • A Potential Trigger Event will be subject to a specified remedy period which willnot be less than 1 (one) Business Day.

  • A rate equal to the Preference Dividend Rate plus 2% (two percent), which will apply (unless otherwise agreed by the RetailCo Preference Shareholder) if (i) any Preference Dividend is not paid in full on the applicable Preference Dividend Date, (ii) a Redemption Amount is not paid in full on the relevant Redemption Date or (iii) any Potential Trigger Event occurs.


More Definitions of Potential Trigger Event

Potential Trigger Event means any event or condition that, with notice or the passage of time or both, could reasonably be expected to constitute a Trigger Event.
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Potential Trigger Event means a “Potential Trigger Event” as defined in and for the purposes of the Class A Preference Share Terms, the Class B Preference Share Terms, the Class C Preference Share Terms and the Class D Preference Share Terms;
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Potential Trigger Event means any event or condition that, with the giving of notice or the passage of time, or both, would be a Trigger
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Potential Trigger Event means any event which, with the lapse of time and/or the giving of any notice and/or the making of any determination (in each case where the lapse of time and/or giving of notice and/or determination is provided for in the terms of such Trigger Event, and assuming no intervening remedy or waiver), would become a Trigger Event;
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Related to Potential Trigger Event

  • Sequential Trigger Event With respect to any Distribution Date, a Sequential Trigger Event is in effect if (a) with respect to any Distribution Date occurring before July 2009, the circumstances in which the aggregate amount of Realized Losses incurred since the Cut-off Date through the last day of the related Prepayment Period divided by the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date exceeds 0.20% and (b) with respect to any Distribution Date occurring in or after July 2009, a Trigger Event is in effect.

  • Covenant Trigger Event shall occur at any time that Availability is less than the greater of (a) $12.5 million and (b) 10% of the Line Cap then in effect. Once commenced, a Covenant Trigger Event shall be deemed to be continuing until such time as Availability equals or exceeds the greater of (i) $12.5 million and (ii) 10% of the Line Cap then in effect for 30 consecutive days.

  • Auto-Call Trigger Event means an event which occurs if, in the determination of the Calculation Agent, the Index Performance as of the Valuation Time on an Auto-Call Valuation Date is greater than or equal to the relevant Auto-Call Trigger Level.

  • Trigger Event shall have the meaning specified in Section 14.04(c).

  • Delinquency Trigger Event means, for any Collection Period, the aggregate Principal Balance of Delinquent Receivables that have been Delinquent Receivables for 61 days or more as a percentage of the Pool Balance as of the last day of the Collection Period exceeding or being equal to 6.62%.

  • Swap Provider Trigger Event A Swap Termination Payment that is triggered upon: (i) an Event of Default under the Interest Rate Swap Agreement with respect to which the Swap Provider is a Defaulting Party (as defined in the Interest Rate Swap Agreement), (ii) a Termination Event under the Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party (as defined in the Interest Rate Swap Agreement) or (iii) an Additional Termination Event under the Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party.

  • Final Trigger Level means 85.00%, being a percentage against which the performance of the Index will be measured in order to determine the Final Redemption Amount.

  • Moody’s First Trigger Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, (i) if such entity has a short-term unsecured and unsubordinated debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A2” and a short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-1”, or (ii) if such entity does not have a short-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A1”.

  • Auto-Call Trigger Level means the level set out below for the relevant Auto-Call Valuation Date (i.e. as shown in the same row as that date):

  • Moody’s Second Trigger Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, (i) if such entity has a short-term unsecured and unsubordinated debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A3” and a short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-2”, or (ii) if such entity does not have a short-term unsecured and unsubordinated debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A3”.

  • Company Triggering Event shall be deemed to have occurred if: (a) the Company shall have made a Company Board Adverse Recommendation Change; (b) the Company Board or any committee thereof shall have publicly approved, endorsed or recommended any Acquisition Proposal; or (c) the Company shall have entered into any letter of intent or similar document relating to any Acquisition Proposal in violation of the terms of the Agreement.

  • Covenant Trigger Period means the period (a) commencing on the day that (i) an Event of Default occurs or (ii) Availability is less than the greater of (x) 10% of Available Credit and (y) $20,000,000 and (b) continuing until, at all times thereafter for a period of 30 consecutive days during which, (i) no Event of Default exists and (ii) Availability shall have been not less than the greater of (x) 10% of Available Credit and (y) $20,000,000.

  • Flip-In Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Trigger Event Date means a date on which a Trigger Event has occurred as determined by the Calculation Agent.

  • ii) Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Swap Counterparty Trigger Event A Swap Counterparty Trigger Event shall have occurred if any of a Swap Default with respect to which the Swap Counterparty is a Defaulting Party, a Termination Event with respect to which the Swap Counterparty is the sole Affected Party or an Additional Termination Event with respect to which the Swap Counterparty is the sole Affected Party has occurred.

  • Ratings Decline Period means the period that (i) begins on the earlier of (a) the date of the first public announcement of the occurrence of a Change of Control and (b) the occurrence of a Change of Control and (ii) ends 90 days following consummation of such Change of Control; provided that such period shall be extended for so long as the rating of the Notes, as noted by the applicable Rating Agency, is under publicly announced consideration for downgrade by the applicable Rating Agency.

  • Cumulative Loss Trigger Event If, with respect to any Distribution Date, the quotient (expressed as a percentage) of (x) the aggregate amount of Realized Losses incurred since the Cut-off Date through the last day of the related Due Period, divided by (y) the Cut-off Date Pool Principal Balance, exceeds the applicable Cumulative Loss Percentages set forth below with respect to such Distribution Date: Distribution Date Occurring In Cumulative Loss Percentage March 2008 through February 1.400% for the first month, plus an additional 2009 1/12th of 1.750% for each month thereafter (e.g., 2.275% in September 2008) March 2009 through February 3.150% for the first month, plus an additional 2010 1/12th of 1.750% for each month thereafter (e.g., 4.025% in September 2009) March 2010 through February 4.900% for the first month, plus an additional 2011 1/12th of 1.400% for each month thereafter (e.g., 5.600% in September 2010) March 2011 through February 6.300% for the first month, plus an additional 2012 1/12th of 0.750% for each month thereafter (e.g., 6.675% in September 2011) March 2012 and thereafter 7.050%

  • Voting Rights Triggering Event means the failure of the Company to pay dividends on the Preferred Stock with respect to six or more quarterly periods (whether or not consecutive).

  • Subsequent Triggering Event means either of the following events or transactions occurring after the date hereof:

  • Auto-Call Trigger Rate means the applicable percentage in respect of the relevant Auto-Ca l Valuation Date on which an Auto-Call Trigger Event has occurred as set out in the definition of Auto-Call Trigger Level above (i.e. as shown in the same row as that date).

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

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

  • Delinquency Trigger means, for any Payment Date and the related Collection Period, 24.00%.