Revaluation Event means an event that results in adjustment of the Carrying Value of each Partnership property pursuant to Section 5.4(d).
Revaluation Event means an event that results in adjustment of the Carrying Value of each Partnership property pursuant to Section 5.5(d).
Revaluation Event means each occurrence of any of the following with respect to any Collateral Obligation during the time such Collateral Obligation is Collateral:
Examples of Revaluation Event in a sentence
The Servicer shall deliver to the Facility Agent and the Collateral Agent, promptly after any of its Responsible Officers having obtained knowledge thereof, but in no event later than (a) two (2) Business Days thereafter, notice of any Event of Default or (b) three (3) Business Days thereafter, notice of any Servicer Default, Revaluation Event or Material Modification.
The Servicer shall deliver to the Facility Agent, the Collateral Administrator and the Collateral Agent (for delivery to each Agent pursuant to Section 17.3), promptly (but in no event later than three (3) Business Days) after any of its Responsible Officers having obtained actual knowledge thereof, notice of any Revaluation Event or Material Modification.
More Definitions of Revaluation Event
Revaluation Event means, with respect to any Collateral Loan as of any date of determination, the occurrence of any one or more of the following events (any of which, for the avoidance of doubt, may occur more than once):
Revaluation Event means, with respect to any Collateral Loan as of any date of determination after the related Trade Date, the occurrence of any one or more of the following events (any of which, for the avoidance of doubt, may occur more than once):
Revaluation Event means any of the following occurrences: (1) the contribution of money or other property (other than a de minimis amount) by a new or existing Partner to the capital of the Partnership as consideration for the issuance of an additional Unit or other interest in the Partnership; (2) the distribution of money or other property (other than a de minimis amount) by the Partnership to a retiring or continuing Partner as consideration for a Unit or other interest in the Partnership; or (3) the termination of the Partnership for Federal income tax purposes under section 708(b)(1)(B) of the Code; provided, however, under no circumstances shall the issuance of Units pursuant to Section 12.5 of the Agreement constitute a Revaluation Event; and provided further, that the occurrence of an event described in clause (1) or (2) above shall not constitute a Revaluation Event if the General Partner reasonably determines that it is not necessary to adjust the Book Bases of the Partnership's assets or the Partners' Capital Accounts in connection with the occurrence of any such event.
Revaluation Event has the meaning set forth in Section 4.05(b).
Revaluation Event means, except as otherwise determined by the Board, (a) the acquisition from the Company of an additional Interest by any new or existing Member in exchange for a Capital Contribution or as consideration for services performed on behalf of the Company, (b) a distribution by the Company of money or other property in reduction or liquidation of an Interest or (c) the liquidation of the Company (as defined in Regulations Section 1.704-1(b)(2)(ii)(g)).
Revaluation Event. (1) a Contribution (other than a de minimis amount), (2) a Liquidating Distribution (other than a de minimis amount), or (3) a Liquidation of the Company.
Revaluation Event means (a) the acquisition of an additional interest in the Company by any new or existing Member in exchange for more than a de minimis contribution (other than the contributions contemplated in Section 6.01(a)) and (b) the liquidation of the Company or a distribution by the Company to a Member of more than a de minimis amount of Company property; provided, however, that the Managers may elect, in their sole discretion, to treat other events as Revaluation Events.