Probity Event definition

Probity Event means any event or occurrence which:
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Probity Event has the meaning given in clause 9.4; and
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Probity Event means an event, matter, situation or thing that in TfNSW’s reasonable opinion:
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Examples of Probity Event in a sentence

  • The Probity Event Notice must describe the nature of the Probity Event and the circumstances giving rise to it or likely to give rise to it.

  • Such notice must describe the circumstances giving rise to the occurrence (or possible occurrence) of the Probity Event.

  • During any such meeting, the Parties must use reasonable endeavours to agree on the actions to be taken by the RTO to reverse the effect of the Probity Event.

  • If the Parties are unable to agree within 5 Business Days of such meeting (or any longer period RMS may agree) RMS may give notice to the RTO setting out the action it must take to address the adverse effect of the Probity Event, and the RTO must comply with any such notice as soon as possible and in any event within 5 Business Days of receiving the notice.

  • The Supplier must give notice to TfNSW as soon as it becomes aware that a Probity Event has occurred or is likely to occur.

  • Following receipt of a Probity Event Notice under clause 22.1(a), the Concessionaire must promptly comply with any reasonable request from the RTA for access to the Concessionaire's Personnel for the purpose of undertaking any investigations that the RTA may wish to carry out in relation to the actual or likely occurrence of the Probity Event.

  • Upon the issue of a Probity Event Notice the Parties must meet at a time nominated or agreed by RMS to discuss the occurrence of the Probity Event.

  • Probity Investigations Following the issue of a Probity Event Notice, the RTO must promptly comply with any reasonable request from RMS for access to the RTO’s Personnel for the purpose of undertaking any investigations that RMS may wish to carry out in relation to the actual or likely occurrence of the Probity Event.

  • Such notice must describe the circumstances giving rise to the possible occurrence of the Probity Event.

  • Such notice must describe the nature of the Probity Event and the circumstances giving rise to it or likely to give rise to it.


More Definitions of Probity Event

Probity Event means an event, matter, situation or thing that in Roads and Maritime’ reasonable opinion:
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Related to Probity Event

  • Non-Viability Event means the earlier of:

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

  • Liquidity Event means a Change of Control or an IPO.

  • Cybersecurity Event means any act or attempt, successful or, to the extent known by Provider, unsuccessful, to gain unauthorized access to, disrupt or misuse an Information System or Nonpublic Information stored on such Information System. The ongoing existence and occurrence of attempted but Unsuccessful Security Incidents shall not constitute a Cybersecurity Event under this definition. “Unsuccessful Security Incidents” are activities such as pings and other broadcast attacks on Provider’s firewall, port scans, unsuccessful log-on attempts, denials of service and any combination of the above, so long as no such incident results in unauthorized access, use or disclosure of Molina Nonpublic Information or sustained interruption of service obligations to Molina.

  • Sale Event means (i) the sale of all or substantially all of the assets of the Company on a consolidated basis to an unrelated person or entity, (ii) a merger, reorganization or consolidation pursuant to which the holders of the Company’s outstanding voting power and outstanding stock immediately prior to such transaction do not own a majority of the outstanding voting power and outstanding stock or other equity interests of the resulting or successor entity (or its ultimate parent, if applicable) immediately upon completion of such transaction, (iii) the sale of all of the Stock of the Company to an unrelated person, entity or group thereof acting in concert, or (iv) any other transaction in which the owners of the Company’s outstanding voting power immediately prior to such transaction do not own at least a majority of the outstanding voting power of the Company or any successor entity immediately upon completion of the transaction other than as a result of the acquisition of securities directly from the Company.

  • Capital Event means and includes: (i) any transaction involving the sale, exchange or other disposition of the Project or the Company (but excluding any incidental sales or exchanges of tangible personal property and fixtures), (ii) any financing, refinancing or borrowing secured by the Project or the Company, and (iii) any condemnation or recovery of damage awards and property insurance proceeds (excluding proceeds from any rent or business interruption insurance).

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

  • Regulatory Event means, following the occurrence of a Change in Law (as defined below) with respect to the Issuer and/or Société Générale as Guarantor or in any other capacity (including without limitation as hedging counterparty of the Issuer, market maker of the Certificates or direct or indirect shareholder or sponsor of the Issuer) or any of its affiliates involved in the issuer of the Certificates (hereafter the “Relevant Affiliates” and each of the Issuer, Société Générale and the Relevant Affiliates, a “Relevant Entity”) that, after the Certificates have been issued, (i) any Relevant Entity would incur a materially increased (as compared with circumstances existing prior to such event) amount of tax, duty, liability, penalty, expense, fee, cost or regulatory capital charge however defined or collateral requirements for performing its obligations under the Certificates or hedging the Issuer’s obligations under the Certificates, including, without limitation, due to clearing requirements of, or the absence of, clearing of the transactions entered into in connection with the issue of, or hedging the Issuer’s obligation under, the Certificates, (ii) it is or will become for any Relevant Entity impracticable, impossible (in each case, after using commercially reasonable efforts), unlawful, illegal or otherwise prohibited or contrary, in whole or in part, under any law, regulation, rule, judgement, order or directive of any governmental, administrative or judicial authority, or power, applicable to such Relevant Entity (a) to hold, acquire, issue, reissue, substitute, maintain, settle, or as the case may be, guarantee, the Certificates, (b) to acquire, hold, sponsor or dispose of any asset(s) (or any interest thereof) of any other transaction(s) such Relevant Entity may use in connection with the issue of the Certificates or to hedge the Issuer’s obligations under the Certificates,(c) to perform obligations in connection with, the Certificates or any contractual arrangement entered into between the Issuer and Société Générale or any Relevant Affiliate (including without limitation to hedge the Issuer’s obligations under the Certificates) or (d) to hold, acquire, maintain, increase, substitute or redeem all or a substantial part of its direct or indirect shareholding in the Issuer’s capital or the capital of any Relevant Affiliate or to directly or indirectly sponsor the Issuer or any Relevant Affiliate, or (iii) there is or may be a material adverse effect on a Relevant Entity in connection with the issue of the Certificates.

  • Qualifying Transaction means a transaction where a CPC acquires Significant Assets, other than cash, by way of purchase, amalgamation, merger or arrangement with another Company or by other means.

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

  • Benchmark Transition Event means the occurrence of one or more of the following events with respect to the then-current Benchmark:

  • Illegality Event means that: