Suspension Event

Suspension Event. The period commencing on the date on which the Borrower receives a Takeover Proposal and ending on the date on which the Borrower's board of director's rejects such Takeover Proposal

Suspension Event. The first Due Date immediately following the occurrence of one of the following, provided that no Default has occurred and no event has occurred that with the passage of time or giving of notice would be deemed a Default:(i) following a Termination Event (as hereinafter defined), each of the following has occurred:(A) a New Lease has been executed by one or more New Tenants demising the Leased Premises;(B) all of the Leased Premises are occupied;(C) each New Tenant is paying rent in accordance... with the terms and conditions of its New Lease and is open for business;(D) no New Tenant is in default under the terms and conditions of its New Lease, and there is no event which, with the passage of time or giving of notice, or both, would constitute a default under such lease, and(E) Borrower has delivered to Lender an estoppel certificate acceptable to Lender from each New Tenant, or(ii) following a Credit Rating Event, Standard & Poors Rating Services has issued a senior unsecured corporate credit rating for Lease Guarantor that is "BB" or above or an equivalent rating has been issued by Moody's Investors Service, Inc. (or by another credit rating agency acceptable to Lender in the event such credit rating agencies cease to exist or cease to provide credit rating services), and such credit rating has been maintained by Lease Guarantor for a period of at least six consecutive months View More

Suspension Event. That the Board has determined in its reasonable good faith judgment that the offer or sale of Registrable Securities would reasonably be expected to have a material adverse effect on the Company and its stockholders for such registration statement to be effected at such time

Suspension Event. Means any of the Company Board shall have determined in good faith that (i)(a) the offer or sale of any Registrable Securities pursuant to the Registration Statement would materially impede, delay or interfere with any proposed financing, offer or sale of securities, acquisition, disposition, merger, tender offer, business combination, corporate reorganization or other significant transaction involving the Company; or (b) the sale of Registrable Securities pursuant to the Registration Statement... would require the disclosure of material non-public information not otherwise required to be disclosed under applicable law; provided that, in the case of either clause (a) or (b), (1) the Company has a bona fide business purpose for preserving confidentiality of the proposed transaction or information, (2) disclosure would be materially detrimental to the Company or its ability to consummate the proposed transaction, or (3) the proposed transaction renders the Company unable to comply with Commission requirements; or (ii) after the advice of counsel, the Company is required by law, rule or regulation, or it is in the best interests of the Company, to supplement the Registration Statement or file a post-effective amendment to the Registration Statement in order to incorporate information into the Registration Statement for the purpose of (a) reflecting in the Prospectus included in the Registration Statement any facts or events arising after the effective date of the Registration Statement (or of the most-recent post-effective amendment) that, individually or in the aggregate, represents a fundamental change in the information set forth in the Prospectus; (b) including in the Prospectus included in the Registration Statement any material information with respect to the plan of distribution not disclosed in the Registration Statement or any material change to such information; or (c) updating the Prospectus included in the Registration Statement in accordance with Section 10(a)(3) of the Securities Act. View More