Subsequent Triggering Event definition
Examples of Subsequent Triggering Event in a sentence
Such fee shall be payable in immediately available funds on or before the second business day following the occurrence of the Subsequent Triggering Event.
Issuer shall notify Grantee promptly in writing of the occurrence of any Initial Triggering Event or Subsequent Triggering Event (together, a "Triggering Event"), it being understood that the giving of such notice by Issuer shall not be a condition to the right of the Holder to exercise the Option.
By the Board of Directors of Washington Mutual, if a Subsequent Triggering Event (as defined in the Stock Option Agreement) has occurred.
If and when at any time before the occurrence of a Fee Termination Event (i) any Single Triggering Event shall have occurred; or (ii) both an Initial Triggering Event and a Subsequent Triggering Event shall have occurred, then O.A.K. shall pay to Chemical (not later than two Business Days after the occurrence of the earlier of the Single Triggering Event or the Subsequent Triggering Event) an amount equal to $3,000,000.00 in immediately available funds (the "Termination Fee").
The Boards of Directors of Cohoes and ▇▇▇▇▇▇ River have mutually agreed it is in the best interests of their respective corporations to amend the Option Agreements and the Options to place an economic cap on the value thereof in the event a Subsequent Triggering Event (as defined in the Option Agreements) occurs under either of the Option Agreements.