Trigger Determination Date definition
Examples of Trigger Determination Date in a sentence
If, on any Default Trigger Determination Date, the Default Ratio exceeds the applicable Default Ratio Trigger Level, the Parties shall enter into negotiations and seek to agree on any amendments of the Eligibility Criteria with a view to reducing the probability of further Loss Amounts.
Subject to the following sentence, the Company shall not pay interest on the Debt Securities on any Interest Payment Date in an amount in excess of the New Common Equity Amount if a Mandatory Deferral Trigger Event has occurred on the Trigger Determination Date with respect to such Interest Payment Date.
The notice of election of Optional Deferral, once given, will be irrevocable and the deferral of interest on the applicable Interest Payment Date will be considered an Optional Deferral for all purposes under the Indenture notwithstanding the occurrence of a Mandatory Deferral Trigger Event on the Trigger Determination Date with respect to such Interest Payment Date if such notice is provided prior to such Trigger Determination Date.
The Toshiba Project Leader and the PDF Project Manager will consult with ************ of PDF as they together shall deem necessary and appropriate.
During a Trigger Period, the restrictions on interest payments from sources other than the Alternative Payment Mechanism will continue until neither of the conditions in clauses (i) and (ii) of the definition of “Trigger Event” exists as of a subsequent Trigger Determination Date.