Restricted Event definition

Restricted Event means a Restricted Change or a Restricted Force Majeure Event.
Restricted Event has the meaning specified in Section 8.01.
Restricted Event shall have the meaning specified in Section 4.06(e).

Examples of Restricted Event in a sentence

  • All advertisements or announcements for the Restricted Event must indicate compliance with University policies.

  • Upon registration of a Restricted Event the chapter advisor will be notified.

  • A Relevant Athlete will be solely responsible for continuing to comply with the Eligibility Conditions for as long as she wishes to compete in the female classification in a Restricted Event at International Competitions.

  • They do not apply to any other athletes, or to any other events, or to any other competitions (although if a Relevant Athlete does not meet the Eligibility Conditions then she will not be eligible to set a World Record in a Restricted Event at a competition that is not an International Competition).

  • The automatic transfer will be deemed to be effective as of immediately before the consummation of the Restricted Event.


More Definitions of Restricted Event

Restricted Event means the occurrence of any of the following events:
Restricted Event means, with respect to Ashton and its subsidiaries, any of the following:
Restricted Event means (a) any declaration or payment of any dividend or other distribution or payment in respect of shares of capital stock; (b) any amendment of the Organizational Documents; (c) any payment or increase of any bonuses, salaries or other compensation to any shareholder, director, officer or (except in the Ordinary Course of Business) employee or entry into any employment, severance or similar Contract with any director, officer or employee; (d) the adoption of, or increase in the payments to or benefits under, any Employee Benefit Plan for or with any employees of the Company; (e) any damage to or destruction or loss of any property or assets of the Company, whether or not covered by insurance, materially and adversely affecting the properties, assets, business, financial condition or prospects of the Company; (f) the entry into, termination of or receipt of notice of termination of any license, distributorship, dealer, sales representative, joint venture, credit or similar Contract or transaction involving a total remaining commitment by the Company of more than $10,000; (g) any sale (other than sales of inventory in the Ordinary Course of Business), lease or other disposition of any property or asset of the Company or the imposition of any Encumbrance on any material property or asset of the Company, including the sale, lease or disposition of any Intellectual Property Asset; (h) the cancellation or waiver of any claims or rights with a value to the Company in the aggregate in excess of $10,000; (i) any material change in the accounting methods used by the Company; or (j) any agreement or commitment, whether written or oral, to do any of the foregoing.
Restricted Event means, with respect to Seller’s operation of the Business: (a) entering into, terminating or receiving notice of termination of any Permit, license, royalty, noncompetition, joint venture, credit or other Contract or transaction that involves a total remaining commitment of more than $25,000; (b) selling, leasing, licensing or otherwise disposing of any material asset, or incurring or suffering any Encumbrance on any material property or asset; (c) canceling or waiving any claim or right, or writing down or writing off any accounts or notes receivable, in each case with a value in excess of $25,000; (d) changing any accounting method or principle; (e) failing to cause any uncontested liability or obligation in excess of $25,000 individually or in the aggregate to be paid or satisfied when the same becomes due; (f) incurring or suffering material damage to or destruction or loss of any of any material asset, whether or not covered by insurance; (g) failing to pay any supplier or other creditor in the ordinary course of business consistent with past practice for longer than 60 days; (i) licensing, selling or transferring any Intellectual Property Assets, other than Permitted Encumbrances; (j) entering into a Contract or making a binding commitment to do any of the foregoing; (k) terminating, or permitting the termination or expiration of any Permit; or (l) agreeing to or executing any settlement or compromise with any with any Governmental Authority or third Person.
Restricted Event means (a) any declaration or payment of any dividend or other distribution or payment in respect of shares of capital stock; (b) any amendment of the Organizational Documents; (c) any payment or increase of any bonuses, salaries or other compensation to any shareholder, director, officer or (except in the Ordinary Course of Business) employee or entry into any employment, severance or similar Contract with any director, officer or employee; (d) the adoption of, or increase in the payments to or benefits under, any Employee Benefit Plan for or with any employees of the applicable Party; (e) any damage to or destruction or loss of any property or assets of the applicable Party, whether or not covered by insurance, materially and adversely affecting the properties, assets, business, financial condition, operations, income, expenses or prospects of the applicable Party; (f) the entry into, termination of or receipt of notice of termination of any license, distributorship, dealer, sales representative, joint venture, credit or similar Contract or transaction involving a total remaining commitment by the applicable Party of more than $10,000; (g) any sale (other than sales of inventory in the Ordinary Course of Business), lease or other disposition of any property or asset of the applicable Party or the imposition of any Encumbrance on any material property or asset of the applicable Party, including the sale, lease or disposition of any Intellectual Property Asset; (h) the cancellation or waiver of any claims or rights with a value to the applicable Party in excess of $10,000; (i) any material change in the accounting methods used by the applicable Party; or (j) any agreement or commitment, whether written or oral, to do any of the foregoing.
Restricted Event means: (a) the entry into, termination of, material amendment of, or receipt of notice of termination of any license or other Contract or transaction that relates to the Purchased Assets; (b) any sale, lease or other disposition of any property or asset or the imposition of any Lien on any property or asset included in the Purchased Assets or (c) any failure to cause any liability or obligation relating to Seller or a Purchased Asset to be paid or satisfied when the same becomes due.
Restricted Event means any Restricted Merger and any Restricted Asset Disposition. (h) "Restricted Merger" Defined. "Restricted Merger" means any consolidation or merger of the Company or any Subsidiary with any other corporation or the conveyance, transfer or lease of substantially all of its assets in a single transaction or series of transactions to any Person (except that a Subsidiary of the Company may (x) consolidate with or merge with, or convey, transfer or lease substantially all of its assets in a single transaction or series of transactions to, the Company or another Subsidiary of the Company and (y) convey, transfer or lease all of its assets in a transaction which is not a Restricted Asset Disposition), provided that the consolidation or merger of the Company with, or the conveyance, transfer or lease of substantially all of the assets of the Company in a single transaction or series of transactions to, any Person shall not constitute a Restricted Merger so long as: (1) the successor formed by such consolidation or the survivor of such merger or the Person that acquires by conveyance, transfer or lease substantially all of the assets of the Company as an entirety, as the case may be (the "Successor Corporation"), shall be a solvent corporation organized and existing under the laws of the United States of America, any State thereof or the District of Columbia; (2) if the Company is not the Successor Corporation, such corporation shall have executed and delivered to each holder of Notes its assumption of the due and punctual performance and observance of each covenant and condition of this Agreement and the Notes (pursuant to such agreements and instruments as shall be reasonably satisfactory to the Required Holders), and the Company shall have caused to be delivered to each holder of Notes an opinion of nationally recognized independent counsel, or other independent counsel reasonably satisfactory to the Required Holders, to the effect that all agreements or instruments effecting such assumption are enforceable in accordance with their terms and comply with the terms hereof; and (3) immediately after giving effect to such transaction (x) no Default or Event of Default would exist and (y) the Successor Corporation could incur $1 of additional Consolidated Funded Debt pursuant to Section 10.2(3).