Revocation Event definition

Revocation Event means with respect to a Bar, Settlement Class Resolution, or Case-Specific Resolution, a legislative amendment or a revocation, rescission, reversal, overruling, or interpretation that in any way limits the effect of such Bar, Settlement Class Resolution, or Case-Specific Resolution on Released Claims or any other action or event that otherwise deprives the Bar, Settlement Class Resolution or Case-Specific Resolution of force or effect in any material respect.
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Revocation Event means, in respect of a Series, an event or circumstance where (i) such Series comprises Airtime Vouchers but does not also comprise Lease Assets at that time (ii) the Revocation Date has occurred and (iii) Axiata is unable within 45 days of the Revocation Date to lease new assets to the Trustee pursuant to a Supplemental Headlease Agreement or (in its capacity as Wakeel) obtain Airtime Vouchers pursuant to a Supplemental Airtime Purchase Agreement, in each case for an amount at least equal to the aggregate amount of Airtime Vouchers owned by the Trustee but unsold as at the Revocation Date;
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Revocation Event means a determination by the Board in its sole discretion that any of the following has occurred or is likely to occur:
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Examples of Revocation Event in a sentence

  • This offset will be calculated as the dollar amount difference between (1) the total amount of incentive payments paid by ▇▇▇▇▇▇▇ during the time the Bar, Settlement Class Resolution, or Case- Specific Resolution subject to the Revocation Event was in effect, and (2) the total amount of Incentive Payments that would have been due from ▇▇▇▇▇▇▇ during that time without the Bar, Settlement Class Resolution, or Case-Specific Resolution subject to the Revocation Event being in effect.

  • If ▇▇▇▇▇▇▇ made a payment as a result of the existence of a Bar, Settlement Class Resolution, or Case-Specific Resolution in a Settling State, and that Bar, Settlement Class Resolution, or Case-Specific Resolution is subject to a Revocation Event, ▇▇▇▇▇▇▇ shall receive a dollar-for-dollar offset against its obligation to make remaining payments that would be apportioned to that State or Participating Subdivisions listed on Exhibit G.

  • The amount of incentive payments that would have been due, referenced in (2) above, will be calculated based on considering any Subdivision that provides a release within one hundred eighty (180) days after the Revocation Event as having been a Participating Subdivision (in addition to all other Participating Subdivisions) during the time that the Bar, Settlement Class Resolution, or Case-Specific Resolution subject to the Revocation Event was in effect.

  • If a Revocation Event causes a Settling State to no longer qualify for Incentive D, the Settling State shall return to ▇▇▇▇▇▇▇ all payments made under Incentive D.

  • If Allergan made a payment as a result of the existence of a Bar, Settlement Class Resolution, or Case-Specific Resolution in a Settling State, and that Bar, Settlement Class Resolution, or Case-Specific Resolution is subject to a Revocation Event, Allergan shall receive a dollar-for-dollar offset against its obligation to make remaining payments that would be apportioned to that State or Participating Subdivisions or Participating Special Districts listed on Exhibit G.


More Definitions of Revocation Event

Revocation Event means, in respect of a Series, an event or circumstance where (i) such Series comprises Airtime Vouchers but does not also comprise Lease Assets at that time
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Revocation Event means with respect to a Bar, Settlement Class Resolution, or Case-Specific Resolution, a legislative amendment or a revocation, rescission,
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Revocation Event means, an event or circumstance where (i) the Revocation Date has occurred; and (ii) the Government of Malaysia is unable within 60 days of the Revocation Date to sell new assets to the Trustee pursuant to a sale agreement or (in its capacity as Wakeel) obtain Vouchers pursuant to a supplemental voucher purchase agreement, in each case for an amount at least equal to the aggregate Voucher Face Value of Vouchers owned by the Trustee but unsold as at the Revocation Date.
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Revocation Event means, an event or circumstance where (i) the Revocation Date has occurred; and
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Revocation Event means the occurrence of an event where:
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Revocation Event means with respect to a Bar, Settlement Class Resolution, or Case-Specific Resolution, a legislative amendment or a revocation, rescission, reversal, overruling, or interpretation that in any way limits the effect of such Bar,
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Revocation Event means, in respect of a Series, an event or circumstance where (a) the Revocation Date has occurred and (b) TM is unable within 45 days of the Revocation Date to (in its capacity as Wakeel) obtain Vouchers pursuant to a Supplemental Asset Purchase Agreement for an amount at least equal to the aggregate amount of Vouchers owned by the Trustee but unsold as at the Revocation Date;
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