Trigger definition

Trigger means the act of a train arriving at, passing or departing from a Recording Point;
Trigger means the act of a train arriving at, passing or departing from a Recording Point. "Zero Exposure" has the meaning ascribed to it in paragraph 11.1.1.
Trigger for indemnification and not as a "deductible" (for example, if the indemnity claims for which GRS or the Stockholders would, but for the provisions of this subparagraph (ii), be liable is in the aggregate amount of $100,000, and 1% of the Purchase Price is $70,000, the Stockholders would then be liable for the entire $100,000 and not just $30,000). This Section 9.04(ii) will not apply to any breach of any representations and warranties of which any party had actual Knowledge at any time prior to the date on which such representation and warranty is made or any intentional breach by any party of any covenant or obligation, and GRS or the Stockholders, as the case may be, will be jointly and severally liable for all damages with respect to such breaches.

Examples of Trigger in a sentence

  • If the Floor Price Trigger Date occurs prior to the date that is ninety (90) days from the Purchase Price Date (the “Prepayment Start Date”), then beginning on the Prepayment Start Date and each calendar month thereafter, Lender will have the right to demand that Borrower pay the Mandatory Monthly Prepayment Amount for such month in cash to Lender with the entire Outstanding Balance being due and payable on the six (6) month anniversary of the Prepayment Start Date.

  • Notwithstanding anything herein (including this Section 6.6) to the contrary, in no event shall any Unavoidable Delay (i) extend the deadline for or excuse the performance of any obligation or covenant that can be satisfied by the payment of a liquidated sum; (ii) extend the deadline for or otherwise apply to any Put Trigger Event (except that the foregoing will not apply in determining whether an Event of Default exists), or (iii) delay the Opening Date beyond the Outside Date.

  • At any time following the occurrence of any Trigger Event, Lender may, at its option, increase the Outstanding Balance by applying the Trigger Effect (subject to the limitation set forth below).

  • If the Additional Registration Statement is not declared effective by the SEC within one hundred twenty (120) days of the Trigger Date, the Outstanding Balance will automatically increase by one percent (1%) and will continue increasing by one percent (1%) every thirty (30) days thereafter until the Additional Registration Statement is declared effective.

  • If the Floor Price Trigger Date occurs on or after the one (1) year anniversary of the Purchase Price Date, then on the Floor Price Trigger Date and each calendar month thereafter, Lender will have the right to demand that Borrower pay the Mandatory Monthly Prepayment Amount in cash to Lender for such month with the entire Outstanding Balance being due and payable on the Maturity Date.


More Definitions of Trigger

Trigger. After an Acquiring Person has become such, the Company may not consolidate or merge with, or sell 50% or more of its assets or earning power to, any person (a "Flip-Over Transaction or Event") if at the time of such merger or sale (or agreement to do any of the foregoing) the Acquiring Person controls the Board of Directors and, in the case of a merger, will receive different treatment than all other shareholders unless proper provision is made so that each Right would thereafter become a right to buy, for the Exercise Price, that number of shares of common stock of such other person having a market value of twice the Exercise Price.
Trigger. Upon announcement that any person has acquired 15% or more of the outstanding Common Stock, then:
Trigger means any use or activity listed in section 343-5(a), HRS, requiring preparation of an environmental assessment.
Trigger means to cause an event or situation to happen or exist. In the case of a Forbearance Agreement, a trigger would be a condition that causes or requires the curtailment of all or part of the right to make withdrawals under a specific Edwards Aquifer Authority Groundwater Withdrawal Permit.
Trigger means the applicable trigger specified in Tables B-1 and B-2 of the LARP Implementation Plan;
Trigger means any use or activity listed in section 343-5(a), HRS, requiring preparation of an environmental assessment. Unless defined in this section, elsewhere within this chapter, or in chapter 343, HRS, a proposing agency or approving agency may use its administrative rules or statutes that they implement to interpret undefined terms. [Eff ] (Auth: HRS §§343-5, 343-6) (Imp: HRS §§343-2, 343-6)
Trigger means any event or activity that qualifies as construction, abandonment, or a fundamental