Common use of No Trigger Event Clause in Contracts

No Trigger Event. No Trigger Event has occurred and is continuing and no condition, event or act has occurred and is continuing that with the giving of notice and/or the lapse of time and/or any determination or certification would constitute a Trigger Event or Event of Default, in each case, on the part of the Share Trust.

Appears in 2 contracts

Sources: Participation Agreement (Williams Companies Inc), Participation Agreement (Williams Communications Group Inc)