Election Notice definition

Election Notice has the meaning set forth in Section 11.01(b).

Election Notice has the meaning attributed to it in Section 5.3(a).

Election Notice has the meaning set forth in Section 2.3(b)(iii).

Examples of Election Notice in a sentence

• If an Equity Conditions Failure has occurred as of the Dividend Notice Date, then unless the Company has elected to effect a Capitalized Dividend, the Dividend Election Notice shall indicate that unless such applicable Holder waives the Equity Conditions Failure, the Dividend shall be effected as a Capitalized Dividend.

• The date and time of a Subsequent Closing (each, a “Subsequent Closing Date” and together with the Initial Closing Date, each a “Closing Date”) shall be 10:00 a.m., New York time, on the date upon which the conditions to such Subsequent Closing set forth in Sections 6 and 7(b) are satisfied or waived (or such other date as is set forth by the Buyers in the Election Notice); provided, that in no event will any Election Notice be delivered after the date that is one (1) year from the Initial Closing Date.

• If the Borrower does not timely deliver an Interest Election Notice in accordance with this Section 5.1, (A) then the Borrower shall be deemed to have delivered an Interest Election Notice confirming the payment of accrued interest as PIK Interest on such Interest Payment Date and (B) such failure to deliver an Interest Election Notice shall not constitute an Event of Default.

• The Company agrees that the issuance of a Press Release for an Election Notice shall not be required as the delivery of an Election Notice shall not constitute material, nonpublic information.

• A Conversion Election Notice, once delivered, shall be irrevocable unless otherwise agreed in writing by Borrower Representative.

More Definitions of Election Notice

Election Notice shall have the meaning given to such term in Section 20.1 of the Lease.

Election Notice shall have the meaning set forth in Section 6.1(b).

Election Notice has the meaning given to such term in Section 4.4.

Election Notice shall have the meaning assigned to it in Section 2.01(d) of the Sale Agreement.

Election Notice has the meaning assigned to such term in Section 3.04(c)(ii).

Election Notice bears the meaning ascribed thereto in Section 7.4(d)(ii);

Election Notice shall have the meaning assigned to in Section 4.2(b).