Trigger Event

Example Definitions of "Trigger Event"
Trigger Event. Any of the following: (a) the occurrence of any default under any Credit Document consisting of a bankruptcy, insolvency or similar event with respect to the Company or any Subsidiary having assets in excess of $100,000,000, provided that in the case of the commencement of any involuntary bankruptcy with respect to the Company or any such Subsidiary, no Trigger Event shall be deemed to have occurred unless and until the shortest period of grace, applicable to an involuntary bankruptcy default... and provided for in the then applicable Credit Documents, has expired; or (b) the actual acceleration of any Obligations in a principal amount in excess of $100,000,000 by the holder or holders thereof or their representatives View More
Trigger Event. The sale of shares of Common Stock by the Company after the Issuance Date and prior to the Expiration Date other than (i) by means of the exercise of warrants or options outstanding prior to the Issuance Date, or (ii) pursuant to the exercise of options issued under any of the Company's employee stock option plans, retirement plans, deferred compensation plans, restricted stock plans, or other equity incentive programs. If an option or warrant outstanding on the Issuance Date is thereafter... amended to reduce the exercise price it shall not be considered outstanding as of the Issuance Date. Trigger Event shall also include the issuance by the Company of securities convertible into shares of Common Stock that entitle any Person to acquire shares of Common Stock at a price per share less than the PIPE Purchase Price ("Convertible Securities") View More
Trigger Event. The meaning assigned to such term in the Margining Agreement
Trigger Event. The grant, exercise, cancellation, release, assignment or other disposal of any Rights pursuant to this Plan
Trigger Event. (i) the occurrence of a Default beyond any applicable notice and cure period, (ii) the occurrence of a DSCR Trigger Event or (iii) the occurrence of a Go Dark Trigger Event
Trigger Event. Means a failure by Borrower to pay any principal or interest when due (by operation of law or otherwise) on the Loan or a failure by Boston Scientific or any of its Subsidiaries to pay any principal or interest when due on any Principal Indebtedness.
Trigger Event. Means any of (a) a failure by Holdco Buyer to timely comply with any of its obligations under this Agreement, (b) any bankruptcy, reorganization, debt arrangement or other proceeding under any bankruptcy or insolvency law, or any dissolution or liquidation proceeding, instituted by or against Holdco Buyer that remains undismissed, undischarged or unbonded for a period of 20 days and (c) any failure by Holdco Buyer to timely comply with its payment obligations under the 2015 Purchase Agreement,... including the obligations to pay (i) any Note Prepayment Amount (as such term is defined under the 2015 Purchase Agreement), (ii) any Deemed Interest Amount (as such term is defined under the 2015 Purchase Agreement) and (iii) any accrued and unpaid interest on any Exchangeable Notes (as such term is defined under the 2015 Purchase Agreement), in each case, as required by the 2015 Purchase Agreement. View More
Trigger Event. Means a transformative transaction intended to increase the market value of the Company equity for the benefit of its shareholders, which may involve, for example, a spinoff of one or more wholly-owned subsidiaries of the Company (collectively, "Spinco"), a going private transaction, a leveraged recapitalization, or termination of the Company's regulated investment company status.
Trigger Event. The occurrence of a Termination Event or Credit Rating Event
Trigger Event. (a) any Event of Default (as defined in the Senior Loan Documentation) relating to the payment of any amount due pursuant to the Senior Loan Documentation or relating to financial covenant requirements under the Senior Loan Documentation, or (b) if at any time the ratio of the Corporation's aggregate Indebtedness for Borrowed Money (which shall include with respect to the Preferred Stock the aggregate Deemed Original Issue Price of, and all accrued and unpaid Liquidation Accruing Dividends on,... the shares of Preferred Stock then-outstanding) to its trailing twelve month Adjusted EBITDA exceeds 7.7x, as of the last day of the most recent fiscal quarter ended on or prior to the date of determination for which quarterly or annual financial statements are available, such Adjusted EBITDA to be determined giving pro forma effect to transactions completed during such fiscal quarter, as though they had occurred on the first day of such fiscal quarter, provided, that no pro forma effect shall be given to any acquisition transactions that occur during such fiscal quarter unless the holders of the Preferred Stock have been provided a quality of earnings report from a financial advisor of national standing reasonably satisfactory to holders of a majority of such Preferred Stock, to the extent that giving pro forma effect to such transaction would result in an increase in Adjusted EBITDA of five percent (5%) or more. View More
  • 1
  • 2
All Definitions