Unwinding Event definition

Unwinding Event has the meaning set forth in Section 7.03.
Unwinding Event shall have the meaning ascribed to it in Section 10.02.
Unwinding Event has the meaning set forth in Section 9.02(b).

Examples of Unwinding Event in a sentence

  • Notwithstanding the foregoing, the provisions of this Section 7.03(b) will not be applicable if, prior to any Transfer, the initial transferor Member receives from the Permitted Transferee its agreement not to undertake any actions that would be reasonably likely to result in an Unwinding Event.

  • Notwithstanding the foregoing, the provisions of this Section 8.03(b) will not be applicable if, prior to any Transfer, the initial transferor Member receives from the Permitted Transferee its agreement not to undertake any actions that would be reasonably likely to result in an Unwinding Event.

  • However, if RG Closing for RG1 SPV has occurred prior to the occurrence of an Unwinding Event, then unwinding with respect to RG1 SPV shall not be permitted in any event.

  • If an Unwinding Event has occurred, each Seller may exercise its Unwinding Option by providing written notice (the “Unwinding Notice”) to the Purchaser within 30 days of the earlier of (a) the date of such Seller’s receipt of the Unwinding Event Notice and (b) the date such Seller actually becomes aware of the occurrence of an Unwinding Event.

  • The Purchaser shall provide written notice (the “Unwinding Event Notice”) to each Seller of whether an Unwinding Event has occurred within 15 business days of the relevant Unwinding Event Deadline Date.


More Definitions of Unwinding Event

Unwinding Event. As defined in Section 3(a).
Unwinding Event has the meaning set forth in Section 8.3(c) of this Agreement.
Unwinding Event is defined in Section 11.2. “Withholding Indemnified Parties” and “Withholding Indemnified Party” are defined in Section 5.4.

Related to Unwinding Event

  • Delaying Event means any failure of a Party to perform any of its obligations set forth in this Agreement, caused in whole or in part by: 2.63.1 the failure of the other Party to perform any of its obligations set forth in this Agreement, including but not limited to a Party’s failure to provide the other Party with accurate and complete Service Orders; 2.63.2 any delay, act or failure to act by the other Party or its End User, agent or subcontractor; or 2.63.3 any Force Majeure Event.

  • Triggering Event means any Section 11(a)(ii) Event or any Section 13 Event.

  • Change of Control Triggering Event means the occurrence of both a Change of Control and a Rating Event.

  • 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.

  • Rating Event means the rating on the Notes is lowered by each of the Rating Agencies and the Notes are rated below an Investment Grade Rating by each of the Rating Agencies on any day within the 60-day period (which 60-day period will be extended so long as the rating of the Notes is under publicly announced consideration for a possible downgrade by any of the Rating Agencies) after the earlier of (a) the occurrence of a Change of Control and (b) public notice of the occurrence of a Change of Control or the Company’s intention to effect a Change of Control; provided that a Rating Event will not be deemed to have occurred in respect of a particular Change of Control (and thus will not be deemed a Rating Event for purposes of the definition of Change of Control Triggering Event) if each Rating Agency making the reduction in rating does not publicly announce or confirm or inform the Trustee in writing at the request of the Company that the reduction was the result, in whole or in part, of any event or circumstance comprised of or arising as a result of, or in respect of, the Change of Control (whether or not the applicable Change of Control has occurred at the time of the Rating Event).