Acceleration Event

Acceleration Event. Means an event with respect to which an Award Agreement provides for the acceleration of the exercisability or lapse of restrictions applicable to any Award.

Acceleration Event. Shall have the meaning set forth in the Company's 2004 Stock Incentive Plan.

Acceleration Event. It being understood that this Agreement shall not be deemed effective or delivered unless and until the Lender shall provide the Pledgor with three (3) business days prior written notice that Lender has elected to accelerate the Loans for payment after the occurrence and during the continuation of an Event of Default (as defined in the Notes) beyond the applicable grace period for cure (an "Acceleration Event") and intends to deliver a Written Direction (as defined in the Escrow Agreement) to... the escrow agent directing the Escrow Agent to release the Escrow Property (as defined in the Escrow Agreement) to Lender. View More

Acceleration Event. (i) the failure by the Company to pay in full the outstanding principal balance of and any accrued and unpaid interest on any Note on the final maturity date of such Note; (ii) the acceleration of the outstanding principal balance of and any accrued and unpaid interest on, any Note by any Lender or by any person or entity acting on behalf of any Lender; or (iii) any of the Debtor Parties (A) suffers the entry against it of a judgment, decree or order or relief by a court of competent... jurisdiction in an involuntary proceeding commenced under any applicable bankruptcy, insolvency or other similar law of any jurisdiction now or hereafter in effect, including the federal Bankruptcy Code, as from time to time amended, or has any such proceeding commenced against it which remains undismissed for a period of sixty days; (B) commences a voluntary case under any applicable bankruptcy, insolvency or similar law now or hereafter in effect, including the federal Bankruptcy Code, as from time to time amended; or applies for or consents to the entry of an order for relief in an involuntary case under any such law; or makes a general assignment for the benefit of creditors; or fails generally to pay (or admits in writing its inability to pay) its debts as such debts become 3 due; or takes corporate or other action to authorize any of the foregoing; or (C) suffers the appointment of or taking possession by a receiver, liquidator, assignee, custodian, trustee, sequestrator or similar official of all or a substantial part of its assets in a proceeding brought against or initiated by it, and such appointment or taking possession is neither made ineffective nor discharged within thirty days after the making thereof, or such appointment or taking possession is at any time consented to, requested by, or acquiesced to by it. View More

Acceleration Event. Means the occurrence of any of the following events on or after the Effective Date: (i) with respect to Covered Options granted under the 1995 Plan or the 1997 Plan, a Change in Control; or (ii) with respect to all Covered Options, the Optionee's death.

Acceleration Event. Shall mean the dissolution of the Corporation or other event described in Section 7.1 of the Plan (which generally covers certain mergers or similar reorganizations) that the Corporation does not survive (or does not survive as a public company in respect of its Common Stock) or a Change in Control Event.

Acceleration Event. Means the occurrence of a Change of Control on or after the Effective Date with respect to Covered Awards:

Acceleration Event. Means the occurrence of any one or more of the following events: (i) a Liquidation Event; (ii) a Bankruptcy Event; (iii) the Corporation shall consummate a public offering of shares of Common Stock pursuant to an effective registration statement under the Securities Act (other than (x) a registration relating to a transaction covered by Form S-4 (or successor form) adopted by the Securities and Exchange Commission, including a transaction covered by ... Rule 145 (or successor rule) adopted by the Securities and Exchange Commission, (y) a registration statement solely relating to Common Stock held by third parties (including Common Stock to be held by or issued pursuant to an employee benefit or stock ownership plan) and (z) pursuant to the Registration Rights Agreement); (iv) (a) the average of the Closing Price for each day during any period of twenty (20) consecutive Trading Days exceeds $14.40 per share on the twentieth (20th) Trading Day of such period or (b) if not sooner, immediately prior to a conversion pursuant to Section 7(b) hereof; or (v) any other Fundamental Transaction. View More

Acceleration Event. (a) a breach or default, after the passage of all applicable notice and cure or grace periods, under any other agreement, instrument or promissory note other than the Loan Documents between, among or by (i) Debtor and, or for the benefit of, (ii) Lender, (b) a "change of control" of Debtor, as such term is defined under section 13d for the Securities Exchange Act of 1934, or (c) at any time that the current members of the Board of Directors of Debtor shall not constitute a majority of the Board... of Directors, unless any such new members shall have been affirmatively approved by a majority of those members currently serving in such capacity. View More

Acceleration Event. Shall mean the exercise by TIMET of its rights under Section 5.3(a) of the Conversion Agreement.