Risk Event means there occurs a loss of 5% or more of firmwide total capital from a reportable operational risk event determined in accordance with the firmwide Reporting Operational Risk Events Policy.
Risk Event means the occurrence of (a) a Credit Event or (b) an Additional Risk Event. “Risk Event Determination Date” the date on which the Issuer delivers a Risk Event Notice.
Risk Event means certain events which will result in delay in the achievement of identified work or milestones, as identified on the Risk Events Matrix attached as Exhibit L to the Agreement.
Examples of Risk Event in a sentence
Data Provider will provide at least 2 months prior notice to Data Recipient, except that Data Provider will not be obligated to provide such notice if the change or discontinuation is necessary to address a Risk Event.
More Definitions of Risk Event
Risk Event means an event that either has occurred or has the potential to occur; there are two types of risks events: A good or positive event, and a bad or negative event.
Risk Event has the meaning assigned to such term in the Subordinated Debentures Indenture.
Risk Event an occurrence or change of a particular set of circumstances that may have potentially adverse Consequences and may require action to address. In particular, the occurrence of a Risk Event changes the Levels of some or all of the Attributes of a risky situation.
Risk Event has the meaning specified in Section 14.3(c).
Risk Event is defined in SS Section 1.1;
Risk Event a crisis, disaster, emergency or any other event or potential event (including a Force Majeure event) which is reasonably likely to have a material and adverse effect on a party’s ability to meet its obligations under this Agreement;
Risk Event means any of the following: (i) material breach by the Merchant of applicable laws and regulations; (ii) material deficiencies and/or weakness of information security system that causes an outage to one or more distinct service components thus impacting Wallet Pay Services; and (iii) material deficiencies and/or weakness of AML / CFT system that causes an outage to one or more distinct service components thus impacting the Wallet Pay Services;