Examples of Trigger Event Date in a sentence
Notwithstanding anything to the contrary in this Agreement, the Retrocessionaire shall have no obligation to apply amounts in the Retrocessionaire Capital Account to satisfy obligations hereunder or otherwise pay amounts to any XL Retrocedant or any of their Affiliates unless a Trigger Event Date has occurred and only in the amount of the corresponding Total Required Investor Call Amount (as defined in the Investor and Support Undertakings Agreement).
On the Collateral Trigger Event Date the Borrower shall deliver written notice of the occurrence thereof to the Administrative Agent together.
Nothing in this clause applies to any payment referred to in paragraph 1(b)(i) of Schedule A which occurs on the Trigger Event Date as provided in paragraph 1(b)(i) of Schedule A.
On the Non-Viability Trigger Event Date, subject to the provisions described in Section 2.3 above and Section 3.10 below, the following provisions will apply.
The Cash Incentive Award shall vest and be earned and payable as follows: (i) 1/3 on the Trigger Event Date; (ii) an additional 1/3 on the first anniversary of the Trigger Event Date; and (iii) the final 1/3 on the second anniversary of the Trigger Event Date.