Partial Termination Event definition

Partial Termination Event means this Agreement is or could be terminated in relation to one or more particular Named Projects pursuant to Conditions 5.4.2 or 5.4.3;
Partial Termination Event shall have the meaning given in Section 5 hereof.
Partial Termination Event has the meaning set forth in Section 8.2(e).

Examples of Partial Termination Event in a sentence

  • For the avoidance of doubt, subject to Section 8.1(e), the failure of a Third Party Condition in this Section 8.2(d) or Section 8.3(d) with respect to a Project, unless otherwise waived, will result in a Project Partial Termination Event with respect to such Project only.

  • The Third Party Conditions of the Purchaser Parties set forth on Schedule 8.2(d) shall have been satisfied and shall be in effect in relation to each Project, save to the extent that any of those conditions relate to a Project in respect of which a Project Partial Termination Event has occurred.

  • The Third Party Conditions of the Sellers set forth in Schedule 8.3(d) shall have been satisfied and shall be in effect, save to the extent any of those conditions relate to a Project in respect of which a Project Partial Termination Event has occurred.

  • If any Project is subject to a Project Partial Termination Event, the Parties agree to work cooperatively in good faith to resolve any separation, transition and IT issues arising therefrom and shall commence the transition of IT systems for the Project in accordance with Section 6.25.

  • At the option of Citibank upon notice to Counterparty, an Unwind Period that has commenced with respect to a Transaction shall terminate on the Trading Day prior to the start of the Unwind Period for such Partial Termination Event.

  • A "Partial Termination Event" shall occur if on any day (i) the Transaction Equity for such day exceeds 4.9% of the number of outstanding Common Shares on such day or (ii) the Net Transfer Balance for such day exceeds the Available Common Shares for such day, in each case determined on an aggregate basis for all outstanding Transactions.

  • For purposes of "Optional Unwind" and "Maturity Termination," and unless Citibank (in the case of "Share Price Event," "Credit Event" or "Partial Termination Event") elects to terminate an Unwind Period in effect in accordance with the last sentence of such paragraphs, any Daily Transfer Amount for which an Unwind Period is in effect shall be deemed not outstanding for purposes of determining the Outstanding Aggregate Amount to be subject to such an Unwind Period.

  • Unless such Partial Termination Event shall have been subsequently waived by Party A pursuant to Section 11.2 of the Mortgage Loan Purchase and Servicing Agreement, the Early Termination Date with respect to this Additional Termination Event shall be deemed to occur automatically on the date on which the Partial Termination Condition has been satisfied, if such date occurs on or prior to the date which is ninety (90) days after the occurrence of the related Partial Termination Event.


More Definitions of Partial Termination Event

Partial Termination Event means an event described in the Gas Purchase Contact, which requires the partial termination thereof.
Partial Termination Event means the event envisaged under Clause 61.7 (Partial Termination by TfL); "Partial Termination Notice" means a notice issued by TfL pursuant to Clause 62.3 (Termination); "Parties" means TfL and the Service Provider and "Party" shall be construed accordingly; "Pass-Through Charge" means a charge payable and calculated in accordance with paragraph 5 of Schedule 7 (Charging and Operational Pricing); "Pay Next Day" means the facility that allows Customers to make a Charge Payment up to midnight on the relevant Charging Day following the date of travel; "Payment Authorisation" means authorisation from the Merchant Acquirer that the payment has been approved; "Payment Card Industry Data Security Standard" or "PCI DSS"
Partial Termination Event means the event envisaged under clause 72.8 (Partial Termination by TfL);
Partial Termination Event means any of the events envisaged under Clause 62.11 (Termination);
Partial Termination Event shall occur if on any day (i) the Transaction Equity for such day exceeds 4.9% of the number of outstanding Common Shares on such day or (ii) the Net Transfer Balance for such day exceeds the Available Common Shares for such day, in each case determined on an aggregate basis for all outstanding Transactions. Upon the occurrence of a Partial Termination Event, Citibank shall be entitled to commence an Unwind Period with respect to a portion of the Outstanding Aggregate Amount for all Transactions equal to the amount determined by Citibank so that after completion of the Unwind Period related to the Partial Termination Event, (x) in the case of (i) above, the Transaction Equity would not exceed 4.9% of the number of outstanding Common Shares and (y) in the case of (ii) above, the Net Transfer Balance would not exceed the Available Common Shares. Citibank shall allocate the portion of such Outstanding Aggregate Amount that is to be the subject of the Unwind Period to one or more Transactions as it determines appropriate. Such Unwind Period shall commence on a Trading Day and end on and include a Trading Day, each as designated by Citibank in a notice to Counterparty delivered at least two Business Days prior to the commencement date of the Unwind Period designated in such notice. At the option of Citibank upon notice to Counterparty, an Unwind Period that has commenced with respect to a Transaction shall terminate on the Trading Day prior to the start of the Unwind Period for such Partial Termination Event. WHERE:

Related to Partial Termination Event