Refund Event definition

Refund Event. Shall have the meaning assigned to it in Clause 3.1.

Refund Event as defined in Section 3.3.

Refund Event. Where either a VAS Service has not been delivered to the customer or the incorrect VAS Service has been delivered to the customer or the VAS Service contains an error, or is not a bona fide service, but excluding anything directly caused by a failure of the Intarget network;

Examples of Refund Event in a sentence

• Provided that a change in composition of the Board due to fraud by such persons, permanent disability of such persons, resignation by such persons or death of such persons shall not be a Refund Event provided a substitute (to the satisfaction of the Acquirers) of such person is appointed by the Target Company within 60 (Sixty) days of such change.

• In the event of a Partial Escrow Refund Event, the Company will provide copies of the Early Fiat Repayment Notice(s) to the Portal and the Portal will release the Early Fiat Repayment Amount(s) to the relevant Lenders.

• In the event of an Escrow Refund Event, all funds remaining in the Escrow Account from the Series Debt Amount shall be due to the Lenders pari passu with all other Lenders, based on said Lender’s Debt Amount.

• However, the time to request a refund is subject to a pre-emptive period that commences on the date on which any of the above-mentioned circumstances occurs and ends after the 5-year period subsequent to the calendar year during which the Refund Event occurs.

• In the event the Seller fails to pay the complete Refund Amount to the Acquirers within 7 (Seven) days of the issuance of the Refund Event Notice and the Refund Security has not been enforced by the Acquirers to receive the entire Refund Amount and the value of the Refund Security falls below the Advance Amount, then the Seller has agreed to certain standstill provisions in relation to CGL to prevent the devaluation of the Refund Security.

More Definitions of Refund Event

Refund Event shall have the meaning assigned such term in Section 8.1(c).

Refund Event. Where either a VAS Service has not been delivered to the customer or the incorrect VAS Service has been delivered to the customer or the VAS Service contains an error, or is not a bona fide service, but excluding anything directly caused by a failure of the INTARGET network; “Technical response”: The time from when the fault is reported by the CLIENT to the time that it is allocated to an engineer, as more fully detailed in clauses 5a and 5b below;

Refund Event has the meaning ascribed thereto in subparagraph 2(b) hereof;

Refund Event has the meaning ascribed thereto in subparagraph 2(b) hereof; (ddd) “Refund Right” has the meaning ascribed thereto in subparagraph 2(b) hereof; (eee) “Responses” has the meaning ascribed thereto in subparagraph 4(g) hereof;‌‌

Refund Event has the meaning ascribed thereto in §5.1(a);

Refund Event has the meaning set forth in Section 3.4.

Refund Event means a termination of the Facility resulting from Prudential's provision of a notice of termination as contemplated by clause (ii) of paragraph 2B unless a Default or Event of Default existed at the time of the provision of such notice.