Triggering Date definition

Triggering Date means the date of a Triggering Event.

Triggering Date means the earlier of (i) the date on which any meeting of the stockholders of the Corporation called for the purpose of obtaining Stockholder Approval is finally adjourned and at which the Amendment is rejected by the Corporation’s stockholders and (ii) the date that is 105 days from the Closing Date.

Triggering Date means the earlier to occur of (i) the date the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare a Covered Financial Restatement or (ii) the date a court of competent jurisdiction, regulator, or other legally authorized body directs the Company to prepare a Covered Financial Restatement; provided that the recovery of Excess Incentive Compensation pursuant to this Recovery Policy as a result of this clause (ii) shall only be required if such action by such court, regulator or other legally authorized body, as applicable, is final and non-appealable.

Examples of Triggering Date in a sentence

• Except with respect to any claim against or debt or other obligation of the Employee properly recorded on the books and records of the Company prior to the Triggering Date, there shall be no right of set off or counterclaim against, or delay in, any payment by the Company to the Employee or his beneficiaries provided for in this Agreement in respect of any claim against or debt or other obligation of the Employee, whether arising hereunder or otherwise.

• The Company shall take whatever steps are necessary to maintain the trust established pursuant to the Irrevocable Trust Agreement and shall comply with the terms of the Irrevocable Trust Agreement both before and after the Triggering Date and until the Irrevocable Trust terminates by its own terms.

• On or after the Triggering Date, the Employee shall not be required to change the situs of his employment from his permanent place of employment immediately prior to the Triggering Date.

• On the Triggering Date or as soon thereafter as the Company knows of the occurrence of a Triggering Event, the Company shall transfer cash to the Irrevocable Trust created by the Irrevocable Trust Agreement, an executed copy of which is attached hereto as Exhibit A, in an amount no less than the total amount which would be payable to the Employee pursuant to Section 10 of this Agreement as if the Employee's employment terminated on the Triggering Date.

• The obligation of the Company to make monthly payments hereunder shall cease if any time after the Triggering Date the daily VWAP is greater than the Floor Price for a period of 20 consecutive Trading Days, unless a subsequent Triggering Date occurs.

More Definitions of Triggering Date

Triggering Date means (i) with respect to the Escrow Shares, the date falling three months prior to the Release Date; (ii) with respect to the Director Shares, the date that the transfer restrictions lapse with respect to such Director Shares; (iii) with respect to the Fusion Fuel Securities, the Lockup Expiration Date, and (iv) with respect to all other Registrable Securities, the date hereof.

Triggering Date means the date of a Triggering Event. A "Triggering Event" shall be deemed to have occurred if (a) any person or group (as such terms are used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act")) is or becomes the beneficial owner (as defined in Rule 13d-3 under the Exchange Act) directly or indirectly, of securities of the Company representing more than 20% of the combined voting power of the Company's then outstanding securities, or (b) at any annual or special meeting of shareholders of the Company one or more directors are elected who were not nominated by management of the Company to serve on the Board of Directors of the Company, or (c) the Company is merged or consolidated with another corporation and as a result of such merger or consolidation less than 51% of the outstanding voting securities of the surviving or resulting corporation are owned in the aggregate by the former shareholders of the Company, other than by a party to such merger or consolidation or affiliates (within the meaning of the Exchange Act) of any party to such merger or consolidation, as the same existed immediately prior to such merger or consolidation, or (d) the Company sells all or substantially all of its assets to another corporation which is not a wholly-owned subsidiary of the Company.

Triggering Date. ’ means the date described in para-

Triggering Date means the date of the consummation of a bona fide underwritten public offering of Common Stock, as a result of which at least 20% of the outstanding shares of Common Stock are listed on a U.S. national securities exchange or the Nasdaq National Market.

Triggering Date means the date of the consummation of a bona fide underwritten public offering of Common Stock, as a result of which at least 20% of the outstanding shares of Common Stock are listed on a United States national securities exchange or the Nasdaq National Market.

Triggering Date means the earlier to occur of (i) the date the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare a Covered Financial Restatement or (ii) the date a court of competent jurisdiction, regulator, or other legally authorized body directs the Company to prepare a Covered Financial Restatement; provided that the recovery of Excess Incentive Compensation pursuant to this Recovery Policy as a result of this clause (ii) shall only be required if such action by such court, regulator or other legally authorized body, as applicable, is final and non-appealable. Attachment A Recovery Policy Participation Agreement This Recovery Policy Participation Agreement (this “Participation Agreement”) to the Incentive Compensation Recovery Policy (the “Recovery Policy”) of Light & Wonder, Inc. (the “Company”) is entered into between the Company and [NAME]. Capitalized terms used but not defined in this Participation Agreement shall have the meanings assigned to such terms in the Recovery Policy By signing below, the undersigned:

Triggering Date means the date upon which the Availability is less than or equal to the greater of (a) 12.5% of the Maximum Revolver Amount and (b) $50,000,000 at any time; provided that in the event the Availability has been the greater of (i) 12.5% of the Maximum Revolver Amount and (ii) $50,000,000 at all times for thirty (30) consecutive Business Days, then the Triggering Date shall be deemed to not be continuing for purposes of this Agreement, and the requirements of Section 7.21 shall not be required unless a subsequent Triggering Date occurs.