Termination Event

Example Definitions of "Termination Event"
Termination Event. Means any of the following events: (1) The Executive terminates employment for Good Reason within 24 months after a Change in Control; (2) The Company terminates the Executive's employment other than for Cause, Disability or death within 24 months after a Change in Control; (3) The Company terminates the Executive's employment ... before a Change in Control if: (A) The termination is not for Cause, Disability or death; and (B) The termination occurs either on or after: (i) The announcement by Bancorp, or any other Person, that a Change in Control is contemplated or intended; or (ii) The date a contemplated or intended Change in Control should have been announced under applicable securities or other laws; or (4) The date the Executive's continued employment begins under Section 3(b). View More Arrow
Found in WEST COAST BANCORP /NEW contract
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Termination Event. Means any of the following events: (1) The Executive terminates employment for Good Reason within 24 36 months after a Change in Control; provided, however, that for purposes of Section 4(g)(2) of this Agreement (exception to the six-month delay in payment of the severance benefit), the Executive will be deemed to have terminated employment for Good Reason only if: (A) The termination occurs within 24 months after the occurrence of a Good Reason event; and (B) Before terminating employment, the... Executive provided the Company: (i) With reasonable notice of the occurrence of the Good Reason event; and (ii) A period of at least 30 days in which the Company could remedy the Good Reason event; (2) The Company terminates the Executive's employment other than for Cause, Disability or death within 24 36 months after a Change in Control; (3) The Company terminates the Executive's employment before a Change in Control if: (A) The termination is not for Cause, Disability or death; and (B) The termination occurs either on or after: (i) The announcement by Bancorp, or any other Person, that a Change in Control is contemplated or intended; or (ii) The date a contemplated or intended Change in Control should have been announced under applicable securities or other laws; or (4) The date the Executive's period of continued employment begins under Section 3(b). 3(b) ends. View More Arrow
Found in WEST COAST BANCORP /NEW contract
Termination Event. Means any of the following events: (1) The Executive terminates employment for Good Reason within 24 months after a Change in Control; provided, however, that for purposes of Section 4(g)(2) of this Agreement (exception to the six-month delay in payment of the severance benefit), the Executive will be deemed to have terminated employment for Good Reason only if: (A) The termination occurs within 24 months after the occurrence of a Good Reason event; and (B) Before terminating employment, the... Executive provided the Company: (i) With reasonable notice of the occurrence of the Good Reason event; and (ii) A period of at least 30 days in which the Company could remedy the Good Reason event; (2) The Company terminates the Executive's employment other than for Cause, Disability or death within 24 months after a Change in Control; (3) The Company terminates the Executive's employment before a Change in Control if: (A) The termination is not for Cause, Disability or death; and (B) The termination occurs either on or after: (i) (iii) The announcement by Bancorp, or any other Person, that a Change in Control is contemplated or intended; or (ii) (iv) The date a contemplated or intended Change in Control should have been announced under applicable securities or other laws; or (4) The date the Executive's period of continued employment begins under Section 3(b). 3(b) ends. View More Arrow
Found in WEST COAST BANCORP /NEW contract
Termination Event. Means any of the following events: (1) The Executive terminates employment for Good Reason within 24 months after a Change in Control; provided, however, that for purposes of Section 4(g)(2) of this Agreement (exception to the six-month delay in payment of the severance benefit), the Executive will be deemed to have terminated employment for Good Reason only if: (A) The termination occurs within 24 months after the occurrence of a Good Reason event; and (B) Before terminating employment, the... Executive provided the Company: (i) With reasonable notice of the occurrence of the Good Reason event; and (ii) A period of at least 30 days in which the Company could remedy the Good Reason event; (2) The Company terminates the Executive's employment other than for Cause, Disability or death within 24 months after a Change in Control; (3) The Company terminates the Executive's employment before a Change in Control if: (A) The termination is not for Cause, Disability or death; and (B) The termination occurs either on or after: (i) (v) The announcement by Bancorp, or any other Person, that a Change in Control is contemplated or intended; or (ii) (vi) The date a contemplated or intended Change in Control should have been announced under applicable securities or other laws; or (4) The date the Executive's period of continued employment begins under Section 3(b). 3(b) ends. View More Arrow
Found in WEST COAST BANCORP /NEW contract
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Termination Event. The termination of the Grantee's employment with the Company and its subsidiaries for any reason whatsoever, regardless of the circumstances thereof, and including without limitation upon death, disability, retirement or discharge or resignation for any reason, whether voluntary or involuntary. For purposes hereof, the Committee's determination of the reason for termination of the Grantee's employment shall be conclusive and binding on the Grantee and the Grantee's representatives or legatees.... Upon a Termination Event, the Grantee shall cease to vest in any Restricted Shares. View More Arrow
Found in Animal Health International, Inc. contract
Termination Event. The (i) the termination of the Grantee's employment with the Company and its subsidiaries any Subsidiary for any reason whatsoever, regardless of the circumstances thereof, and including without limitation upon death, disability, retirement or discharge or resignation for any reason, whether voluntary or involuntary. involuntary, and (ii) upon the occurrence of a Sale Event (as defined in the Plan) where the Grantee's Restricted Shares are not 2 assumed or continued. For purposes hereof, the... Committee's determination of the reason for termination of the Grantee's employment shall be conclusive and binding on the Grantee and the Grantee's representatives or legatees. Upon a Termination Event, the Grantee shall cease to vest in any Restricted Shares. View More Arrow
Found in Sailpoint Technologies Holdings, Inc. contract
Termination Event. The Shall mean the termination of the Grantee's employment Service Relationship with the Company and its subsidiaries for any reason whatsoever, regardless of the circumstances thereof, and including without limitation upon death, disability, retirement or discharge or resignation for any reason, whether voluntary or involuntary. For purposes hereof, the Committee's determination of the reason for termination of the Grantee's employment Service Relationship shall be conclusive and binding on... the Grantee and the Grantee's representatives or legatees. Upon a Termination Event, the Grantee shall cease to vest in any Restricted Shares. View More Arrow
Found in Open Link Financial, Inc. contract
Termination Event. The termination of the Grantee's employment with the Company and its subsidiaries Service Relationship for any reason whatsoever, regardless of the circumstances thereof, and including without limitation upon death, disability, retirement or discharge or resignation for any reason, whether voluntary or involuntary. For purposes hereof, the Committee's Board of Directors' determination of the reason for termination of the Grantee's employment shall be conclusive and binding on the Grantee and... the Grantee's representatives or legatees. Upon a Termination Event, the Grantee shall cease to vest in any Restricted Shares. View More Arrow
Found in MCK COMMUNICATIONS INC contract
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Termination Event. The occurrence of an Event of Default under the Note, other than the Designated Event of Default, or a default under Section 3 of this Agreement.
Found in AMERICAN HOMEPATIENT INC contract
Termination Event. The occurrence of an Event of Default under the Note, other than the Designated Event of Default, or a default under Section 3 of this Agreement. Default.
Found in AMERICAN HOMEPATIENT INC contract
Termination Event. The occurrence of an Event of Default under the Note, other than the Designated Event of Default, or a default under Section 3 of this Agreement. Default.
Found in AMERICAN HOMEPATIENT INC contract
Termination Event. The Shall mean the occurrence of an Event of Default under the Note, other than the Designated Event of Default, or a default under Section 3 of this Agreement. Default.
Found in AMERICAN HOMEPATIENT INC contract
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Termination Event. An event specified as such in Clause 7
Found in KENTUCKY UTILITIES CO contract
Termination Event. An Means an event specified as such in Clause 7
Found in KENTUCKY UTILITIES CO contract
Termination Event. An Means an event specified as such in Clause 7
Found in KENTUCKY UTILITIES CO contract
Termination Event. An Means an event specified as such in Clause 7 7;
Found in KENTUCKY UTILITIES CO contract
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Termination Event. A Termination Event as defined in Paragraph 18.
Found in LIFE TIME FITNESS, INC. contract
Termination Event. A Shall mean a Termination Event as defined in Paragraph 18.
Found in PW EAGLE INC contract
Termination Event. A Shall mean a Termination Event as defined in Paragraph 18.
Found in Cree Inc contract
Termination Event. A Shall mean a Termination Event as defined in Paragraph 18.
Found in ATRIUM CORP contract
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Termination Event. Shall mean the occurrence of any of the following: (1) any representation or warranty made or deemed made by any Credit Party in this Agreement shall be false, misleading or erroneous in any material respect when made or deemed to have been made, (2) any Credit Party shall fail to perform, observe or comply with any covenant, agreement or term contained in this Agreement (other than any such covenant, agreement or term which requires compliance with the provisions of, or which is incorporated... by reference from, any of the Loan Documents), (3) any Credit Party shall fail to comply with any provision of this Agreement, or any default by any Credit Party, event of default by any Credit Party, Default, or Event of Default, other than the Specified Defaults, shall occur under any other Loan Document, as, and to the extent, modified hereby, (4) any Credit Party shall commence a voluntary proceeding seeking liquidation, reorganization, or other relief with respect to itself or its debts 2 under any bankruptcy, insolvency, or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian, or other similar official of it or any of its property or shall consent to any such relief or to the appointment of or taking possession by any such official in an involuntary case or other proceeding commenced against it or shall make a general assignment for the benefit of creditors or shall generally fail to pay its debts as they become due or shall take any corporate or other action to authorize any of the foregoing, (5) an involuntary proceeding shall be commenced against any Credit Party seeking liquidation, reorganization, or other relief with respect to it or its debts under any bankruptcy, insolvency, or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian, or other similar official for it or any of its property, or (6) any event or condition shall occur after the Effective Date which (in the reasonable opinion of Administrative Agent) shall have a Material Adverse Effect. View More Arrow
Found in BUCA INC contract
Termination Event. Shall mean the The occurrence of any of the following: (1) (i) any representation or warranty made or deemed made by any Credit Party Borrower in this Agreement shall be false, misleading or erroneous in any material respect when made or deemed to have been made, (2) (ii) any Credit Party Borrower shall fail to perform, observe or comply timely with any covenant, agreement or term contained in this Agreement (other than Agreement, (iii) any such covenant, agreement or term which requires... compliance with the provisions of, or which is incorporated by reference from, any of the Loan Documents), (3) any Credit Party shall fail to comply with any provision of this Agreement, or any default by any Credit Party, default, event of default by any Credit Party, Default, default, Default or Event of Default, other than the Specified Defaults, shall occur under this Agreement or the Loan Documents, (iv) any other Loan Document, as, and to the extent, modified hereby, (4) any Credit Party Borrower shall commence a voluntary proceeding seeking liquidation, reorganization, or other relief with respect to itself or its debts 2 under any bankruptcy, insolvency, or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian, or other similar official of it or any a substantial part of its property or shall consent to any such relief or to the appointment of or taking possession by any such official in an involuntary case or other proceeding commenced against it or shall make a general assignment for the benefit of creditors or shall generally fail to pay its debts as they become due or shall take any corporate or other action to authorize any of the foregoing, (5) (v) an involuntary proceeding shall be commenced against any Credit Party Borrower seeking liquidation, reorganization, or other relief with respect to it or its debts under any bankruptcy, insolvency, or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian, or other similar official for it or any a substantial part of its property, or (6) (vi) any event or condition shall occur after the Effective Date which (in the reasonable opinion of Administrative Agent) shall have a Material Adverse Effect. Effect; provided that no Termination Event shall occur as a result of any Borrower issuing an unsecured note payable to a vendor in the course of compromising and settling amounts owed to such vendor even though such note may constitute Indebtedness. View More Arrow
Found in FURRS RESTAURANT GROUP INC contract
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Termination Event. (a) The termination of the Employee without Cause; or (b) The resignation of Employee for Good Reason upon no less than Thirty (30) days advance written notice to the Company clearly sighting the circumstance constituting Good Reason, and further that during such Thirty (30) day notice period the Company fails to, or elects not to, cure such cause for Good Reason.
Found in AIRNET COMMUNICATIONS CORP contract
Termination Event. Each of the following events shall be a "TERMINATION EVENT:" (a) The termination of the Employee without Cause; or (b) The resignation of Employee for Good Reason upon no less than Thirty (30) days advance written notice to the Company clearly sighting the circumstance constituting Good Reason, and further that during such Thirty (30) day notice period the Company fails to, or elects not to, cure such cause for Good Reason.
Found in AIRNET COMMUNICATIONS CORP contract
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Termination Event. Shall mean your resignation without Good Reason or a termination by the Company for Cause or Disability or by reason of your death.
Found in PATHMARK STORES INC contract
Termination Event. Shall mean your resignation without Good Reason or a termination by the Company for Cause or Disability or by reason of your death. Cause.
Found in PATHMARK STORES INC contract
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Termination Event. Shall mean the occurrence of any of the following: (i) the occurrence of any Default or Event of Default under the Credit Agreement other than a Specified Default; (ii) any breach by any Credit Party of any agreement or covenant contained in this Agreement, including without limitation any commitment made under Section 4 hereof; (iii) any representation or warranty made by any Credit Party in this Agreement (including without limitation any... commitment made under Section 4 hereof) shall cease to be true and accurate in all material respects; (iv) the date that the Forbearance Period (as defined in the First Lien Forbearance Agreement) terminates in accordance with the terms of the First Lien Forbearance Agreement (other than as a result of clause (iv) of the definition of "Termination Event" in the First Lien Forbearance Agreement [the Agent or Lenders deliver notice of default or Notice of Intent to Exercise with respect to a Specified Default]); (v) any creditor of any Credit Party or Parent shall commence involuntary bankruptcy proceedings against such Credit Party or Parent; (vi) any creditor of any Credit Party or Parent shall attempt to execute a judgment, or shall obtain attachment on any asset of such Credit Party or Parent or otherwise shall exercise any similar remedy against any asset of such Credit Party or Parent (but excluding any notice of default or termination or the commencement of any suit, arbitration or other legal process which has not developed into an occurrence described before this parenthetical); or (vii) any Credit Party or Parent shall commence a voluntary case under the Bankruptcy Code or file a proceeding seeking protection under any other law for the relief of debtors. View More Arrow
Found in RHI Entertainment, Inc. contract
Termination Event. Shall mean the occurrence of any of the following: 2 (i) the occurrence of any Default or Event of Default under the Credit Agreement other than a Specified Default; (ii) any breach by any Credit Party of any agreement or covenant contained in this Agreement, including without limitation any commitment made under Section 4 6 hereof; (iii) any representation or warranty made by any Credit Party in this Agreement (including without limitation any commitment made under Section 4 6 hereof) shall... cease to be true and accurate in all material respects; (iv) any "Default" or "Event of Default" under the date that Second Lien Agreement pursuant to which the Forbearance Period Second Lien Agent or the "Required Lenders" as defined under the Second Lien Agreement deliver any notice of default or any Notice of Intent to Exercise (as defined in the First Second Lien Forbearance Agreement) terminates in accordance with the terms Intercreditor Agreement), regardless of the First Lien Forbearance Agreement (other than as a result of clause (iv) of the definition of "Termination Event" in the First Lien Forbearance Agreement [the Agent or Lenders deliver whether any such notice of default or Notice of Intent to Exercise with respect purports to be based on any occurrence which constitutes a Specified Default]); Default; (v) any creditor of any Credit Party or Parent shall commence involuntary bankruptcy proceedings against such Credit Party or Parent; (vi) any failure of any Credit Party to pay any interest on the Loans (but not on the Termination Amounts described below, it being understood that non-payment of interest on the Termination Amounts shall not constitute a Termination Event) or any Commitment Fees, Letter of Credit fronting fees or Letter of Credit commissions as and when due under the Credit Agreement; (vii) the Borrower shall have failed to provide reasonable cooperation with FTI Consulting, Inc. ("FTI") or with the Agent or shall have failed to pay any invoice of FTI or Morgan, Lewis & Bockius LLP by such time as payment thereof is due in accordance with the November 20, 2009 letter agreement between Borrower and Agent; (viii) any creditor of any Credit Party or Parent shall attempt to execute a judgment, or shall obtain attachment on any asset of such Credit Party or Parent or otherwise shall exercise any similar remedy against any asset of such Credit Party or Parent (but excluding any notice of default or termination or the commencement of any suit, arbitration or other legal process which has not developed into an occurrence described before this parenthetical); or (vii) (ix) any Credit Party or Parent shall commence a voluntary case under the Bankruptcy Code or file a proceeding seeking protection under any other law for the relief of debtors. View More Arrow
Found in RHI Entertainment, Inc. contract
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Termination Event. The determination of the Company that either of the following has occurred: (i) any use or disclosure by an Optionee of confidential information or trade secrets of the Company or any Parent or Subsidiary in violation of any confidentiality, non-competition or nondisclosure agreement by which the Optionee is bound, or (ii) the termination of Optionee's Continuous Relationship for cause as defined pursuant to applicable law, as a result of a breach of Optionee's employment or consulting... agreement, theft, fraud or embezzlement, or any disclosure or use of confidential information or trade secrets described in part (i) of this paragraph View More Arrow
Found in ELECTRO RENT CORP contract
Termination Event. The determination of the Company that either of the following has occurred: Means (i) any use or disclosure by an Optionee of confidential information or trade secrets of the Company or any Parent or Subsidiary in violation of any confidentiality, non-competition confidentiality or nondisclosure agreement by which the Optionee is bound, or (ii) the termination of Optionee's Continuous Relationship Status as an Employee or Consultant for cause as defined pursuant to applicable law, as a result... of a breach of Optionee's employment or consulting agreement, as a result of theft, fraud or embezzlement, or as a result of any disclosure or use of confidential information or trade secrets described in part (i) of this paragraph paragraph. View More Arrow
Found in IRIS INTERNATIONAL INC contract
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