Triggering Event Date definition

Triggering Event Date has the meaning set forth in Section 4(o).

Triggering Event Date means the date federal laws in the United States are amended to permit the general cultivation, distribution and possession of marijuana (as defined in 21 U.S.C 802) or to remove the regulation of such activities from the federal laws of the United States.

Triggering Event Date means the date on which the Triggering Event occurs.

Examples of Triggering Event Date in a sentence

• In lieu of such opinions for subsequent periodic filings, in the discretion of the Agent, the Company may furnish a reliance letter from such counsel to the Agent, permitting the Agent to rely on a previously delivered opinion letter, modified as appropriate for any passage of time or Triggering Event Date (except that statements in such prior opinion shall be deemed to relate to the Registration Statement and the Prospectus as amended or supplemented as of such Triggering Event Date).

• This Warrant shall, without any further action by either party hereto, be cancelled and extinguished in its entirety if the Note is fully extinguished (by repayment in cash and/or conversion into Common Stock) prior to the Triggering Event Date.

• The fees and disbursements of Agent’s counsel pursuant to subsections (vi) and (vii) above shall not exceed (A) $75,000 in connection with the execution of this Agreement and (B) $25,000 in connection with each Triggering Event Date (as defined below) on which the Company is required to provide a certificate pursuant to Section 4(o).

More Definitions of Triggering Event Date

Triggering Event Date means the time and date of the first occurrence of a Triggering Event.

Triggering Event Date shall have the meaning assigned to such term in the definition of "Designated Downgrading" herein.

Triggering Event Date means the last day of the first fiscal quarter of Borrower in which Borrower recognizes revenues from sales or licensing of Borrower’s Lymphoseek® product exceeding $2,000,000.

Triggering Event Date means December 31, 2018; provided, however, that if the Completion Date occurs on or after June 15, 2018, Triggering Event Date shall mean March 31, 2019.

Triggering Event Date means the earlier to occur of the following: (a) any date upon which the sum of (i) Qualified Cash, plus (ii) Excess Availability shall be less than $15,000,000, or (b) any date upon which Excess Availability shall be less than $5,000,000.

Triggering Event Date means the earlier of (a) the first date that the Leverage Ratio is equal to or greater than 2.00 to 1.00, or (b) the first date that an Event of Default shall occur after March 10, 2006.

Triggering Event Date has the meaning ascribed to such term in the Plan of Arrangement.