Fee Trigger Event definition

Fee Trigger Event has the meaning assigned in Section 8.03(a)(ii).
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Fee Trigger Event means any of the following events or transactions occurring after the date hereof: (i) The acquisition by any person (other than an Acquiror Person) of beneficial ownership of 25% or more of the then outstanding Company Common Stock; or (ii) The occurrence of the Preliminary Fee Trigger Event described in Section 8.03(b)(i), except that the percentage referred to in clause (iii) of the definition of "Acquisition Transaction" shall be deemed 25%.
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Fee Trigger Event means, with respect to each of the Issuer Manager, Property Manager and the Special Servicer, either (a) the initial Issuer Manager, Property Manager or Special Servicer shall be replaced hereunder by any party that is not an Affiliate thereof, or (b) the Advisory Agreement shall cease to be in effect.
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Examples of Fee Trigger Event in a sentence

  • Borrower shall notify Bank of the occurrence of any Success Fee Trigger Event promptly upon the occurrence thereof.

  • The payment of any amounts due pursuant to this Article 3.2.2 shall constitute the sole and exclusive remedy of the Company in case of a Reverse Break-Up Fee Trigger Event.

  • Following the occurrence of the Breakup Fee Trigger Event, the Breakup Fee shall be payable within (3) Business Days after the closing of an Alternative Transaction from the proceeds of such Alternative Transaction.

  • After the consummation of the transaction giving rise to a Fee Trigger Event, at the request of Grantee, Issuer shall repurchase the Option from Grantee (notwithstanding that it is not then exercisable for shares of Common Stock) at a price (the "Option Repurchase Price") equal to $15 million in cash less any $2 Million Fee paid pursuant to the preceding sentence within 5 business days of such request.

  • Upon the occurrence of a Prepayment Fee Trigger Event, the Borrower shall pay to the Collateral Agent, for the account of the Purchasers, the Prepayment Fee.

  • Any Prepayment Fee payable in accordance with this Section 3.2(e) shall be presumed to be equal to the liquidated damages sustained by the Purchasers as the result of the occurrence of the Prepayment Fee Trigger Event, and the Borrower and the other Loan Parties agree that it is reasonable under the circumstances currently existing.

  • In case the Commitment Fee paid under Commitment Fee Trigger Event 1 exceeds the commitment fee payable under Commitment Fee Trigger Event 2, the commitment fee payable under the Commitment Fee Trigger Event 2 shall be deemed to be zero (and for the avoidance of doubt, EIF shall not return an excess of the paid commitment fee under Commitment Fee Trigger Event 1).

  • Payment of such amounts shall be payable not later than the third Business Day following such Fee Trigger Event.

  • In case a Commitment Fee Trigger Event 2 occurs and the Financial Intermediary has paid a commitment fee pursuant to Commitment Fee Trigger Event 1, such paid commitment fee shall be deducted from the commitment fee payable as a result of the Commitment Fee Trigger Event 2 occurring.

  • If a Break-up Fee Trigger Event occurs, then, immediately after a demand by Meye▇ ▇▇▇refor, PRG will pay the sum of $1,000,000 to a non-profit medical institution of national stature designated by Meye▇.


More Definitions of Fee Trigger Event

Fee Trigger Event means any of the following events or transactions occurring after the date hereof:
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Fee Trigger Event has the meaning set forth in Section 8.03(c). "FHA" means the Federal Housing Administration. "FHLMC" means the Federal Home Loan Mortgage Corporation. "FHMA" means the Farmers' Home Mortgage Administration. "FNMA" means the Federal National Mortgage Association. "GNMA" means the Government National Mortgage Association. "Governmental Authority" means any court, administrative agency or commission or other federal, state or local governmental authority or instrumentality. "Hazardous Substance" means any substance in any concentration that is: (a) listed, classified or regulated pursuant to any Environmental Law; (b) any petroleum product or by-product, asbestos-containing material, lead-containing paint or plumbing, polychlorinated biphenyls, radioactive materials or radon; or (c) any other substance which is or may be the subject of regulatory action by any Governmental Authority pursuant to any Environmental Law. "HSR Act" means the Hart-▇▇▇▇▇-▇▇▇▇▇▇ ▇▇▇itrust Improvements Act of 1976. 3 8 "HUD" means the United States Department of Housing and Urban Development. "Indemnified Party" has the meaning set forth in Section 6.13(a). "Index Group" means the group of the eighteen (18) companies listed below, the common stock of all of which shall be publicly traded and as to which there shall not have been, since the Starting Date and before the Determination Date, an announcement of a proposal for the acquisition or sale of such company. In the event that the common stock of any such company ceases to be publicly traded or any such announcement is made with respect to any such company, such company will be removed from the Index Group, and the weights (which have been determined based on market capitalization) redistributed proportionately for purposes of determining the Index Price. The eighteen (18) companies and the weights attributed to them are as follows:
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Fee Trigger Event has the meaning assigned in Section 8.03(a)(ii). “Form F-4” has the meaning assigned in Section 6.02(a).
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Related to Fee Trigger Event

  • Ratings Trigger Event has the meaning set forth in Section 3.14 of the Sale and Servicing Agreement.

  • Trigger Event shall have the meaning specified in Section 14.04(c).

  • 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.

  • Delinquency Trigger Event means, for any Collection Period, the aggregate Principal Balance of Delinquent Receivables that have been Delinquent Receivables for 61 days or more as a percentage of the Pool Balance as of the last day of the Collection Period exceeding or being equal to 6.62%.

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