Election Date Clause Samples
The Election Date clause defines the specific date by which a party must make a formal choice or decision under the terms of the agreement. In practice, this clause sets a clear deadline for actions such as exercising an option, selecting a contractual right, or notifying the other party of an intended course of action. By establishing a firm timeline, the clause ensures certainty and prevents disputes over whether a party acted within the permitted period, thereby promoting clarity and efficient contract administration.
Election Date. 5 Euroclear........................................................... 5
Election Date. In connection with any commitment, definitive agreement or similar event relating to an Investment, Restricted Payment or Disposition, the Borrower may designate such Investment, Restricted Payment or Disposition as having occurred on the date of the commitment, definitive agreement or similar event relating thereto (such date, the “Election Date”) if, after giving pro forma effect to such Investment, Restricted Payment or Disposition and all related transactions in connection therewith and any related pro forma adjustments, the Borrower or any of its Subsidiaries would have been permitted to make such Investment, Restricted Payment or Disposition on the relevant Election Date in compliance with this Agreement, and any related subsequent actual making of such Investment, Restricted Payment or Disposition will be deemed for all purposes under this Agreement to have been made on such Election Date, including, without limitation, for purposes of calculating any ratio, compliance with any test, usage of any baskets hereunder (if applicable) and Adjusted EBITDA and for purposes of determining whether there exists any Default or Event of Default (and all such calculations on and after such Election Date until the termination, expiration, passing, rescission, retraction or rescindment of such commitment, definitive agreement or similar event shall be made on a Pro Forma Basis giving effect thereto and all related transactions in connection therewith).
Election Date. “Election Date” shall have the meaning set forth in Section 11.2(c) of this Agreement. 1.47
Election Date. Section 3.1
Election Date. 9 eligible guarantor institution.................................................9 Employees.....................................................................25
Election Date. 5 ERISA....................................................................26
Election Date. 27 8.35 Encumbrance..................................................................................27 8.36
Election Date. “Election Date” has the meaning given in Section 9.6.5.
Election Date. 15.6.1 By mutual agreement between the Administration and the faculty/Union, the election of a department chairperson will take place no later than April 30 of the final year of the incumbent's term of office. The name of the elected chairperson will be transmitted to the University Administration.
15.6.2 When a department chairperson vacancy occurs for reasons other than the expiration of an incumbent's term, the ▇▇▇▇, in consultation with the department and Vice President for Academic Affairs, will determine when to hold the election for a department chairperson to fill out the academic year. Before the close of the academic year, a regular election will be held to fill the three-year term in accordance with established procedures.
Election Date. Any election shall have been properly made only if the Payment Agent shall have received at its designated office, by 5:00 p.m., New York City time, on (i) the date of the Company Stockholder Meeting or (ii) if the Closing Date is more than four Business Days following the Company Stockholder Meeting, the date that is two Business Days prior to the Closing Date, or, in each case, such other date as Parent and the Company may mutually agree and publicly announce (the “Election Date”), a Form of Election properly completed and signed and accompanied by (A) Certificates representing the shares of Company Common Stock to which such Form of Election relates, duly endorsed in blank or otherwise in form acceptable for transfer on the books of the Company, or an appropriate guarantee of delivery of such Certificates as set forth in the Form of Election, or (B) in the case of Uncertificated Shares or
