Applicable Trigger Date definition

Applicable Trigger Date means (a) the Change Date with respect to the Post-Change Period; (b) the date of an Imminent Control Change with respect to the Imminent Control Change Period; (c) the date of a Significant Acquisition with respect to a Post-Significant Acquisition Period; and (d) the date of a Disaggregation with respect to a Post-Disaggregation Period.
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Applicable Trigger Date means either of the third anniversary of the Issuance Date and the fourth anniversary of the Issuance Date.
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Examples of Applicable Trigger Date in a sentence

  • Executive shall be entitled to an office or offices of a size and with furnishings and other appointments, and to secretarial and other assistance substantially equivalent to the office or offices, furnishings, appointments and assistance as in effect with respect to Executive on the Applicable Trigger Date.

  • During the Post-Change Period, the Base Salary shall be reviewed no more than 12 months after the last salary increase awarded to Executive prior to the Applicable Trigger Date and thereafter shall be reviewed and shall be increased at any time and from time to time as shall be substantially consistent with increases in base salary awarded to peer executives of the Company generally.

  • To the extent that immediately prior to the Applicable Trigger Date, the Executive has been on the payroll of, and participated in the incentive or employee benefit plans of, an Affiliate of the Company, the references to the Company contained in Sections 2.8(a)(i) through (vii) and the other Sections of this Agreement referring to benefits to which the Executive may be entitled shall be read to refer to such Affiliate.

  • In addition to Base Salary, the Company shall provide or cause to be provided to Executive the opportunity to receive payment of an annual incentive (the “Annual Incentive”) with an award opportunity no less, including target performance goals not materially more difficult to achieve, than that in effect immediately prior to the Applicable Trigger Date for each applicable performance period which commences prior to the Termination Date and ends during the Post-Change Period.

  • For a period of six years after the Termination Date (or for any known longer applicable statute of limitations period), the Company shall provide Executive with coverage under a directors’ and officers’ liability insurance policy in an amount no less than, and on terms no less favorable than, those provided to senior executive officers and directors of the Company on the Applicable Trigger Date.

  • To the extent that immediately prior to the Applicable Trigger Date, the Executive has been on the payroll of, and participated in the incentive or employee benefit plans of, an Affiliate of the Company, the references to the Company contained in Sections 2.9(a)(i) through (vi) and the other Sections of this Agreement referring to benefits to which the Executive may be entitled shall be read to refer to such Affiliate.

  • Awards under the LTIP shall be granted to Executive with aggregate target opportunities (including target performance goals not materially more difficult to achieve) no less than the average of the Executive's awards (expressed as a percentage of Executive's Base Salary in effect at the beginning of the applicable performance period) granted in the three-year period ending on the Applicable Trigger Date.

  • To the extent that immediately prior to the Applicable Trigger Date, Executive has been on the payroll of, and participated in the incentive or employee benefit plans of, an Affiliate of the Company, the references to the Company contained in Sections 6.8(a), (a)(i) and (a)(ii) and the other Sections of this Agreement referring to benefits to which Executive may be entitled shall be read to refer to such Affiliate.

  • Awards under the LTIP shall be granted to Executive with aggregate target opportunities (including target performance goals not materially more difficult to achieve) no less than the average of Executive's awards (expressed as a percentage of Executive's Base Salary in effect at the beginning of the applicable performance period) granted in the three-year period ending on the Applicable Trigger Date.

  • To the extent that immediately prior to the Applicable Trigger Date, a Participant has been on the payroll of, and participated in the incentive or employee benefit plans of, an Affiliate of Exelon (as defined in Section 7.32), the references to the Company or Exelon contained in applicable Sections of this Plan referring to benefits to which a Participant may be entitled shall be read to refer to such Affiliate.

Related to Applicable Trigger Date

  • ii) Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Trigger Event Date means a date on which a Trigger Event has occurred as determined by the Calculation Agent.

  • Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Flip-In Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Covenant Trigger Event shall occur at any time that Availability is less than the greater of (a) $12.5 million and (b) 10% of the Line Cap then in effect. Once commenced, a Covenant Trigger Event shall be deemed to be continuing until such time as Availability equals or exceeds the greater of (i) $12.5 million and (ii) 10% of the Line Cap then in effect for 30 consecutive days.