Coverage Event Cure Failure definition

Coverage Event Cure Failure means each of (i) the inability of the Company to demonstrate (as determined in the sole discretion of the Administrative Agent), prior to the end of the applicable Coverage Event Cure Period, the non-existence of a Coverage Event (whether due to an increase in the Net Asset Value during the Coverage Event Cure Period or otherwise) and (ii) the failure by the Company to effect a Coverage Event Cure as set forth in the definition of such term.
Coverage Event Cure Failure means the failure by the Company to effect a Coverage Event Cure as set forth in the definition of such term. "Coverage Event Cure Period" means the period commencing on the Business Day on which the Administrative Agent notifies the Investment Manager (which such notice shall be given by the Administrative Agent prior to 2:00 p.m., New York City time, on any Business Day, and if not given by such time, such notice shall be deemed to have been given on the next succeeding Business Day) of the occurrence of the events set forth in clause (A)(i) of the

Related to Coverage Event Cure Failure

  • Threshold Event Cure shall have the meaning assigned to such term in Section 5(g).

  • Non-Monetary Default Cure Period shall have the meaning assigned to such term in Section 11(d).

  • Volume Failure means, with respect to a particular date of determination, the aggregate daily dollar trading volume (as reported on Bloomberg) of the Common Stock on the Principal Market on any Trading Day during the twenty (20) Trading Day period ending on the Trading Day immediately preceding such date of determination, is less than $500,000 (as adjusted for any stock splits, stock dividends, stock combinations, recapitalizations or other similar transactions occurring after the Subscription Date).

  • Transaction Failure means the failure to consummate a Business Combination within 18 months of the Effective Date (or 24 months after the Effective Date, if a letter of intent, agreement in principle or definitive agreement has been executed within 18 months after the Effective Date and the Business Combination relating thereto has not yet been consummated within such 18-month period).

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