Breach Event definition

Breach Event means either:

Breach Event means any of the following events: the breach of any Contractual Obligations by the Pledgors or the Domestic Affiliates under Cooperation Agreements, and any representations and warranties or other information under the Cooperation Agreements presented by the Pledgors and the Domestic Affiliates are or are proved to be false or misleading in any material respect, or any agreement in the Cooperation Agreements become invalid or unfulfilled due to change of PRC laws and regulations, the promulgation of new PRC laws and regulations or any other reason, and the Parties fail to find an alternative arrangement.

Breach Event means any of the circumstances set out in Clause 7 hereof.

Examples of Breach Event in a sentence

• Promptly upon expiry of the Remedy Period, the Issuer shall give a notice to the Noteholders ( Breach Notice) in accordance with Condition 16 (Notices) of such Breach Event and outline the procedure for exercising the option contained in Condition 2.9 below.

• Advisor shall promptly notify Intermedia of any breach, impermissible use, or disclosure (“Breach Event”) of PII within twenty-four (24) hours of any such Breach Event.

• The option in Condition2.9 above shall be exercisable by the Noteholders by the delivery of a written notice (a Breach of Financial Covenant Redemption Notice) to the Issuer at its registered office within 30 (thirty) days after the occurrence of the Breach Event, unless prior to the delivery by that Noteholder of its Breach of Financial Covenant Redemption Notice the Issuer gives notice to redeem the Notes.

• The Issuer may not exercise its rights under this Condition 4 to defer Coupon Payments if a Capital Disqualification Event has occurred (and the Issuer has notified the FSA of such occurrence), unless a Capital Breach Event has also occurred and is continuing.The Issuer may at any time satisfy any Deferred Coupon Payment by operation of the procedures set out in Condition 6.

• To the extent that any Security Breach Event involves Protected Health Information (as defined below), and is subject to the Health Insurance Portability and Accountability Act of 1996 (Pub.

More Definitions of Breach Event

Breach Event. Each one of the events, and each one of the circumstances set forth in section 14 (Breaches) of the Agreement, (regardless of whether it was caused by a reason under the control of the Management Venture or of any other body whatsoever, or otherwise) all if each one of such events and each one of such circumstances were not immediately remedied, and if the Client determined a date to correct the breach, pursuant to its exclusive discretion, then until such date.

Breach Event means the occurrence of one or more of the following during the term of the Purchase Agreement:

Breach Event means failure by Shareholder to comply with any agreement under Sections 5.1(g) or (i) after giving effect to any notice or grace periods set forth therein.

Breach Event means any one of the following events (whatever the reason and whether it shall be voluntary or involuntary or effected by operation of law or pursuant to any judgment, decree or order of any court, or any order, rule or regulation):

Breach Event shall have the meaning assigned to it under the New Employment Agreement.

Breach Event means any one or more of the following: a breach by the Customer of any term of the Standard Terms and Conditions, an attempt by the Customer to reach a compromise with its creditors, the Customer being placed in liquidation or sequestration whether provisional or final, the Customer being placed into business rescue, a judgment debt being entered against the Customer and remaining unsatisfied for a period of 5 calendar days and the Customer ceasing to carry on business;

Breach Event has the meaning specified in Section 9.1 of this Agreement.