Termination Option Event definition

Termination Option Event means any of the following events or conditions:

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Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

Termination Option Event means an event as described in Condition 4 or 6.

Examples of Termination Option Event in a sentence

If the Depositary acts under this paragraph, that action shall also be a Termination Option Event.
A Redemption of all or substantially all of the Deposited Securities shall be a Termination Option Event.
The Depositary may initiate termination of this Deposit Agreement if (i) at any time 60 days shall have expired after the Depositary delivered to the Company a written resignation notice and a successor depositary has not been appointed and accepted its appointment as provided in Section 5.4 or (ii) a Termination Option Event has occurred.
The Depositary may initiate termination of the Deposit Agreement if (i) at any time 60 days shall have expired after the Depositary delivered to the Company a written resignation notice and a successor depositary has not been appointed and accepted its appointment as provided in Section 5.4 of that Agreement or (ii) a Termination Option Event has occurred.