Unmatured Liquidation Event definition

Unmatured Liquidation Event means any event which, with the giving of notice or lapse of time, or both, would become a Liquidation Event.
Sample 1Sample 2Sample 3
Unmatured Liquidation Event. Any event which, with the giving of notice or lapse of time, or both, would become a Liquidation Event.
Sample 1Sample 2Sample 3
Unmatured Liquidation Event means any event or condition which, with the giving of notice, lapse of time and/or passage of a vote with respect thereto, would become a Liquidation Event.
Sample 1

Examples of Unmatured Liquidation Event in a sentence

  • As of the date of this Certificate, the Authorized Officer (as defined in the Agreement) that is executing this Certificate is not aware of the occurrence and continuance of any Liquidation Event, Unmatured Liquidation Event or Pay-Out Event (each as defined in the Agreement).

  • The Seller further represents and warrants that before and after giving effect to this Amendment, no event has occurred and is continuing that constitutes a Liquidation Event or an Unmatured Liquidation Event.

  • The Master Servicer shall, from time to time after the occurrence and during the continuance of an Unmatured Liquidation Event or a Liquidation Event, at the request of any Purchaser Agent, furnish to such Purchaser Agent (promptly after any such request) a calculation of the amounts set aside for the Investors in such Purchaser Agent’s Purchaser Group pursuant to Section 3.1.

  • No event has occurred and is continuing that constitutes a Liquidation Event, Unmatured Liquidation Event or Credit Event.

  • At any time following the occurrence and during the continuance of an Unmatured Liquidation Event or Liquidation Event, the Agent is hereby authorized to give notice to the Lock-Box Banks, as provided in the Lock-Box Agreements, of the transfer to the Agent of dominion and control over the lock-boxes and related accounts to which the Obligors of Pool Receivables make payments.

  • No event has occurred and is continuing and no condition exists which constitutes a Liquidation Event or an Unmatured Liquidation Event.

  • Seller and the Servicer hereby represent --------------- and warrant that, after giving effect to this Amendment (i) the representations and warranties of Seller and Servicer contained in Article VI ---------- of the Receivables Purchase Agreement are true and correct as of the date hereof and (ii) no Liquidation Event or Unmatured Liquidation Event has occurred and is continuing.

  • ENERPLUS 2015 Q2 REPORT 35 The following table summarizes the change in fair value for the three and six months ended June 30, 2015 and 2014.

  • As soon as possible and in any event within ------------------ five days after the occurrence of each Liquidation Event and each Unmatured Liquidation Event, a written statement of the chief financial officer or chief accounting officer of Servicer setting forth details of such -45- event and the action that Servicer proposes to take with respect thereto.

  • Both before and immediately after giving effect to this Amendment, no Liquidation Event or Unmatured Liquidation Event exists or shall exist.


More Definitions of Unmatured Liquidation Event

Unmatured Liquidation Event means any event which, with the giving of notice or lapse of time, or both, would become a Liquidation Event. “Unpaid Balance” of any Receivable means at any time the unpaid principal amount thereof.
Sample 1

Related to Unmatured Liquidation Event

  • Deemed Liquidation Event means: (i) a merger or consolidation in which the Corporation is a constituent party or a subsidiary of the Corporation is a constituent party and the Corporation issues shares of its capital stock pursuant to such merger or consolidation, except any such merger or consolidation involving the Corporation or a subsidiary in which the shares of capital stock of the Corporation outstanding immediately prior to such merger or consolidation continue to represent, or are converted into or exchanged for shares of capital stock that represent, immediately following such merger or consolidation, at least a majority, by voting power, of the capital stock of the surviving or resulting corporation or if the surviving or resulting corporation is a wholly owned subsidiary of another corporation immediately following such merger or consolidation, the parent corporation of such surviving or resulting corporation; or (ii) the sale, lease, transfer, exclusive license or other disposition, in a single transaction or series of related transactions, by the Corporation or any subsidiary of the Corporation of all or substantially all the assets of the Corporation and its subsidiaries taken as a whole, or the sale or disposition (whether by merger or otherwise) of one or more subsidiaries of the Corporation if substantially all of the assets of the Corporation and its subsidiaries taken as a whole are held by such subsidiary or subsidiaries, except where such sale, lease, transfer, exclusive license or other disposition is to a wholly owned subsidiary of the Corporation.

  • Liquidation Event means, whether in a single transaction or series of transactions, the voluntary or involuntary liquidation, dissolution or winding up of the Company or such Subsidiaries the assets of which constitute all or substantially all of the assets of the business of the Company and its Subsidiaries, taken as a whole.

  • Realization Event means (i) the consummation of a Sale of the Company; or (ii) any transaction or series of related transactions in which the Investor sells at least 50% of the Shares directly or indirectly acquired by it (from the Company or otherwise) and at least 50% of the aggregate of all Investor Investments.

  • Unmatured Event of Default means any event which, with the giving of notice, the passage of time or both, would constitute an Event of Default.

  • Load Reduction Event means a reduction in demand by a Member or Special Member for the purpose of participating in the PJM Interchange Energy Market.

  • Unmatured Default means an event which but for the lapse of time or the giving of notice, or both, would constitute a Default.

  • Deemed Liquidation means a liquidation of the Company that is deemed to occur pursuant to Treas. Reg. Section 1.708-1(b)(1)(iv) in the event of a termination of the Company pursuant to section 708(b)(1)(B) of the Code.

  • Amortization Event has the meaning specified in Article IX.

  • Dissolution Event means (i) a voluntary termination of operations, (ii) a general assignment for the benefit of the Company’s creditors or (iii) any other liquidation, dissolution or winding up of the Company (excluding a Liquidity Event), whether voluntary or involuntary.

  • Redemption Event has the meaning set forth in Section 3.4.

  • Revaluation Event means an event that results in adjustment of the Carrying Value of each Partnership property pursuant to Section 5.4(d).

  • Subordination Event means any one of the following events:

  • Mandatory Prepayment Event means any of the following:

  • Valuation Event means an event in which the Company at any time during a Valuation Period takes any of the following actions:

  • 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 PBGC), or (ii) the withdrawal of the Borrower or any of its ERISA Affiliates from an ERISA Plan during a plan year in which the Borrower or any of its ERISA Affiliates was a “substantial employer” as defined in Section 4001(a)(2) of ERISA, or (iii) the filing of a notice of intent to terminate an ERISA Plan or the treatment of an ERISA Plan amendment as a termination under Section 4041 of ERISA, or (iv) the institution of proceedings to terminate an ERISA Plan by the PBGC or to appoint a trustee to administer any ERISA Plan, or (v) any other event or condition that would constitute grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any ERISA Plan.

  • Early Amortization Event means the occurrence of any of the following:

  • Relevant Event means any Termination Event, Mandatory Prepayment Event or Further Novation Event, or any event which only with the passage of time, the giving of any notice or the fulfilment of any other condition (or a combination thereof) would constitute a Termination Event, Mandatory Prepayment Event or Further Novation Event;