SPT Event 3 definition

SPT Event 3 means achieving at least 40.0% of women on the boards of directors at Reporting Companies by December 30, 2031.
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Examples of SPT Event 3 in a sentence

  • This Agreement may be terminated by any Purchaser, as to such Purchaser's obligations hereunder only and without any effect whatsoever on the obligations between the Company and the other Purchasers, by written notice to the other parties, if the Closing has not been consummated on or before July __, 2006; provided, however, that no such termination will affect the right of any party to xxx for any breach by the other party (or parties).

  • If, as of the Notification Date, the Republic has not delivered a Satisfaction Notification to the Trustee confirming satisfaction with, and published the Verification Reports verifying the satisfaction of, (i) both the SPT Event 1a and the SPT Event 1b, the Additional Payment will be equal to 50 basis points of the then outstanding principal amount of the Notes; and (ii) the SPT Event 3, the Additional Payment will be equal to 50 basis points of the then outstanding principal amount of the Notes.

  • Each of the targets in the SPT Event 1a, the SPT Event 1b and the SPT Event 3 shall be adjusted, as notified by the Republic to the Trustee in an Officer’s Certificate, to any other more ambitious target included in a sustainability performance target event set forth in any sustainability-linked notes that the Republic may issue subsequent to the issuance of the Notes.

  • For the avoidance of doubt, if, as of the Notification Date, the Republic has not delivered a Satisfaction Notification to the Trustee confirming satisfaction with, and published the Verification Reports verifying the satisfaction of: (i) both the SPT Event 1a and the SPT Event 1b, and (ii) the SPT Event 3, the Additional Payment will be equal to 100 basis points of the then outstanding principal amount of the Notes.

Related to SPT Event 3

  • Trigger Event Date means a date on which a Trigger Event has occurred as determined by the Calculation Agent.

  • Default Event means the occurrence of any of the following events:

  • Relevant Event means any Termination Event or any Mandatory Prepayment Event or any event which after the giving of notice or lapse of time or the satisfaction of any other condition (or any combination thereof) would constitute a Termination Event or a Mandatory Prepayment Event;

  • Milestone Event has the meaning set forth in Section 4.4.

  • Adjustment Event means each of the following events:

  • Event Date shall have the meaning set forth in Section 2(d).

  • Knock-out Event means the event as defined in §4(4).

  • Index Adjustment Event means, in respect of the Index, an Administrator/Benchmark Event, an Index Cancellation, an Index Disruption or an Index Modification.

  • Flip-Over Event means any event described in clause (x), (y) or (z) of Section 13(a) hereof.

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

  • Trigger Event shall have the meaning specified in Section 14.04(c).