Termination Trigger definition

Termination Trigger shall have the meaning set forth in Section 11.1(a) hereof.
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Termination Trigger has the meaning set forth in Section 3.01.
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Termination Trigger means receipt by the Republic (with a copy to the Trustee) on or after January 31, 2021 and prior to March 24, 2021 of written notice from Holders of a Majority in aggregate principal amount of the Notes then Outstanding stating that the Republic has failed to negotiate in good faith the terms of the debt restructuring.”
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Examples of Termination Trigger in a sentence

  • If no such replacement can be found or is willing to assume the duties of the Depository, then a Termination Trigger will occur pursuant to Section 11.1 of this Trust Agreement.

  • In the event that such Majority ownership has not been restored on or prior to the expiration of such 90-day period, a Termination Trigger will occur pursuant to subclause (iii) of clause (a) of this Section 11.1.

  • Notwithstanding the foregoing, if the Current FMV of the Property as of the date the Termination Trigger occurs is less than the Lease Commencement FMV, then Tenant will not have a right or option to terminate this Lease pursuant to this Section 2(b) and this Lease will continue in full force and effect, and in accordance with the terms hereof.

  • For the avoidance of doubt, nothing in this clause (ii) is intended to or shall operate to extend the Guaranteed Substantial Completion Date or the Substantial Completion Termination Trigger Date.

  • In the event of a Subservicer Termination Trigger (as defined in the related Trust Agreement), the Servicer shall terminate the related Subservicer at the direction of the NIMS Insurer.

  • The determination of an Automatic Termination Trigger Event is subject to the FX Convertibility Event Provisions and FX Transferability Event Provisions.

  • If the Company elects to terminate the Conversion Right upon a Conversion Termination Trigger Event, the Company will be required to deliver an irrevocable notice to holders of Convertible Notes within five Trading Days of the date of the Conversion Termination Trigger Event (the “Conversion Termination Notice,” and the date of such Conversion Termination Notice, the “Conversion Termination Notice Date”).

  • The Trustee will give prompt notice of the occurrence of any Termination Trigger of which it has knowledge or of which it has been informed to the Calculation Agent, the Down Trustee and the Registered Owners of the Up MacroShares.

  • The Buyer Contract Manager shall not have the authority to amend or waive any terms of this Agreement or to execute any Change Order; provided, however, that the Buyer Contract Manager shall have the authority to authorize a Change Notice as provided in Section 8.2 or a Change Order that modifies the scope of the Work but does not result in a modification to the Guaranteed Substantial Completion Date, the Substantial Completion Termination Trigger Date, or the Purchase Price.

  • The Trustee will give prompt notice of the occurrence of any Termination Trigger of which it has knowledge or of which it has been informed to the Calculation Agent, the Up Trustee and the Registered Owners of the Down MacroShares.


More Definitions of Termination Trigger

Termination Trigger means the standard of performance described as such in respect of a Critical Service Level in Appendix 3-A of Schedule 3 (Service Levels and Service Credits).
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Termination Trigger means the occurrence of any of the following during the period from the date of a ROFO Electing Notice through the applicable Closing Date: a material casualty or condemnation to the Property, the Bankruptcy of the Company or any Subsidiary, a material payment default by a tenant under a Major Lease that remains uncured as of such Closing Date, or the Bankruptcy of a tenant under a Major Lease.
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Termination Trigger means the Investor and its Permitted Transferees have sold or otherwise disposed of a sufficient number of Percentage Interests such that due to such disposals the Percentage Interests directly or indirectly held by the Investor (or a Permitted Transferee) is less than ***% of the Investor’s Percentage Interest as of immediately after the Closing (assuming for these purposes that all Installment Payments under Section 1.3 had then been made and the Investor’s Percentage Interest was appropriately increased).
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Termination Trigger has the meaning set forth in Section 9.2. “Third-Party Claim” has the meaning set forth in Section 8.4.1. “Top Customers” has the meaning set forth in Section 2.20. “Top Vendors” has the meaning set forth in Section 2.20. “Trade Laws” has the meaning set forth in Section 2.28.5. “Transfer Taxes” has the meaning set forth in Section 10.4. “Treasury Regulations” means the regulations promulgated under the Code. “Unpaid Transaction Expenses” has the meaning set forth in Section 1.1.2. “Unreleased Claims” has the meaning set forth in Section 7.4. “Zero Profit Extension” has the meaning set forth in the Disclosure Schedules.
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Termination Trigger means the occurrence of any of the following during the period from the date of a ROFO Electing Notice through the applicable Closing Date: a material casualty or condemnation to the Property, the Bankruptcy of the Company or any Subsidiary, a material payment default by a tenant under a Major Lease that remains uncured as of such Closing Date, or the Bankruptcy of a tenant under a Major Lease. “TIAA” means Teachers Insurance and Annuity Association of America, a New York corporation. “TIAA Owner” has the meaning set forth in the Preamble. “TIAA Owner Member” means any Member that is an Affiliate of TIAA. As of the Effective Date, TIAA Owner is a TIAA Owner Member. “TIAA Purchase Agreement” has the meaning set forth in the Preamble. “Transfer” has the meaning set forth in Section 8.1(a). “Treasury Reg.” or “Treasury Regulations” means the final and temporary income tax regulations promulgated under the Code, as such regulations may be amended from time to time (including corresponding provisions of succeeding regulations). “TRS” means a taxable REIT subsidiary (as such term is defined in section 856(l) of the Code and the Treasury Regulations promulgated thereunder) of an Affiliated REIT. “Trust” means AustralianSuper. 17 “United States” or “U.S.” means the United States of America, its territories and possessions, any State of the United States of America and the District of Columbia. “Variance” means, with respect a cost or expense item or items, the amount by which such item or items exceeds the amount set forth therefor in the applicable line item or budget, as the case may be. ARTICLE 3
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Termination Trigger has the meaning set forth on Section 15.1.1 of the Lease.
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Related to Termination Trigger

  • Initial Triggering Event means any of the following events or transactions occurring after the date hereof:

  • Servicer Termination Test With respect to any Distribution Date, the Servicer will fail the Servicer Termination Test if the Realized Loss Percentage for the Mortgage Loans exceeds the applicable percentages set forth below with respect to such Distribution Date: January 2006 through December 2007 2.75% January 2008 through December 2008 3.25% January 2009 through December 2009 3.75% January 2010 and thereafter 4.50%

  • Company Triggering Event shall be deemed to have occurred if: (a) the Company shall have made a Company Board Adverse Recommendation Change; (b) the Company Board or any committee thereof shall have publicly approved, endorsed or recommended any Acquisition Proposal; or (c) the Company shall have entered into any letter of intent or similar document relating to any Acquisition Proposal in violation of the terms of the Agreement.

  • Subsequent Triggering Event means any of the following events or transactions occurring after the date hereof: (i) The acquisition by any person (other than Grantee or any Grantee Subsidiary) of beneficial ownership of 25% or more of the then outstanding Common Stock; or (ii) The occurrence of the Initial Triggering Event described in clause (i) of subsection (b) of this Section 2, except that the percentage referred to in clause (z) of the second sentence thereof shall be 25%.

  • Termination Upon a Change in Control means a termination of Officer’s employment with Corporation within 12 months following a “Change in Control” that constitutes a Termination Other Than For Cause described in Section 2.1(b).

  • Change of Control Triggering Event means the occurrence of both a Change of Control and a Rating Event.

  • Company Termination Event has the meaning set forth in Section 10 hereof.

  • Terminating Event means any of the following events:

  • Event Termination Date See Section 2(e) hereof.

  • Termination After Change in Control means either of the following events occurring within twelve (12) months after a Change in Control:

  • Swap Provider Trigger Event A Swap Termination Payment that is triggered upon: (i) an Event of Default under the Interest Rate Swap Agreement with respect to which the Swap Provider is a Defaulting Party (as defined in the Interest Rate Swap Agreement), (ii) a Termination Event under the Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party (as defined in the Interest Rate Swap Agreement) or (iii) an Additional Termination Event under the Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party.

  • Master Servicer Termination Test With respect to any Distribution Date, the Master Servicer Termination Test will be failed if the Cumulative Loss Percentage exceeds 4.00%.

  • Servicer Termination Event shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, any analogous concept under the servicing agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this Agreement.

  • Ratings Trigger Event has the meaning set forth in Section 3.14 of the Sale and Servicing Agreement.

  • ERISA Termination Event means (i) a “Reportable Event” described in Section 4043 of ERISA and the regulations issued thereunder (other than a “Reportable Event” not subject to the provision for 30-day notice to the PBGC under such regulations), or (ii) the withdrawal of a Borrower or any of its ERISA Affiliates from a “single employer” Plan during a plan year in which it was a “substantial employer”, both of such terms as defined in Section 4001(a) of ERISA, or (iii) the filing of a notice of intent to terminate a Plan or the treatment of a Plan amendment as a termination under Section 4041 of ERISA, or (iv) the institution of proceedings to terminate a Plan by the PBGC or (v) any other event or condition which might constitute grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Plan or (vi) the partial or complete withdrawal of a Borrower or any ERISA Affiliate of such Borrower from a “multiemployer plan” as defined in Section 4001(a) of ERISA.

  • Termination Fee Event has the meaning ascribed thereto in Section 8.2(2).

  • Swap Termination Event means any event defined as a “Swap Termination Event” in the Interest Rate Swap Agreement.

  • Termination for Cause" shall mean termination of the Executive's employment because of:

  • Potential Termination Event means an event which, with the passage of time or the giving of notice, or both, would constitute a Termination Event.

  • Servicer Event of Termination One or more of the events described in Section 7.01.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of (1) two years following such Change in Control or (2) the Executive’s death.

  • Flip-In Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Servicer Termination Events (or any analogous term under the Lead Securitization Servicing Agreement) include customary market termination events with respect to failure to make advances, failure to timely remit payments to the Non-Lead Note Holders as required hereunder or under the Lead Securitization Servicing Agreement (subject to no more than one business day grace period), failure to timely deposit amounts into any REO Account or to remit to a Servicer for deposit into a related collection or custodial account, failure to deliver (or cause to be delivered) materials or information required in order for each Non-Lead Note Holder or each Non-Lead Depositor to timely comply with its obligations under the Exchange Act, the Securities Act and Form SF-3, and for rating agency downgrades or other triggers with respect to any certificates issued in connection with a Non-Lead Securitization, subject to customary grace periods (provided that, in the case of failures related to the securities laws, such grace periods will not cause a Non-Lead Depositor to fail to comply with the applicable provisions of such securities laws). Upon the occurrence of such a Servicer Termination Event with respect to the Master Servicer affecting a Non-Lead Securitization Note Holder and the Master Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Master Servicer shall be required, upon the direction of such Non-Lead Securitization Note Holder, to appoint a subservicer with respect to such Non-Lead Securitization Note. Upon the occurrence of a Servicer Termination Event with respect to the Special Servicer affecting a Non-Lead Securitization Note Holder and the Special Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Trustee shall, upon direction of such Non-Lead Securitization Note Holder, terminate the Special Servicer with respect to, but only with respect to, the Mortgage Loan;

  • Covenant Trigger Event shall occur at any time that Availability is less than the greater of (a) $12.5 million and (b) 10% of the Line Cap then in effect. Once commenced, a Covenant Trigger Event shall be deemed to be continuing until such time as Availability equals or exceeds the greater of (i) $12.5 million and (ii) 10% of the Line Cap then in effect for 30 consecutive days.

  • Agreement Termination Date is defined in Section 7.4.

  • Early Termination Event has the meaning specified in Section 9.2.