SPEED EVENT definition

SPEED EVENT means a competition in which a vehicle’s/machine’s performance is judged by timing its progress over a given distance or by the distance covered by the vehicle/machine in a given time. The term "speed event" will also include hill climbs, sprints, rallycross, autocross, slalom, record attempts and other similar competitions.

Related to SPEED EVENT

  • Covered Event means any event or occurrence related to the fact that Indemnitee is or was a director, officer, employee, agent or fiduciary of the Company, or any subsidiary of the Company, or is or was serving at the request of the Company as a director, officer, employee, agent or fiduciary of another corporation, partnership, joint venture, trust or other enterprise, or by reason of any action or inaction on the part of Indemnitee while serving in such capacity.

  • Insured Event shall have the meaning given such term in Section 12.4.

  • Specified Event has the meaning given to such term in the definition of “Consolidated EBITDA.”

  • Unmatured Event of Default means any event that, if it continues uncured, will, with lapse of time, notice or lapse of time and notice, constitute an Event of Default.