90-Day Date definition
Examples of 90-Day Date in a sentence
If, on the 90-Day Date, Escrow Agent has not previously disbursed any of the Escrow Funds to the Company under Section 2.1.1 above and does not then hold Escrow Funds, exclusive of interest and other amounts accrued thereon, in the amount of at least $2,000,000, Escrow Agent may, on five (5) days prior written notice to the Company, terminate the Escrow and disburse the Escrow Funds to the Company for the specific purposes of the Company's refund of the Escrow Funds to the investors.
Promptly after the Registration Statement has been declared effective, the Company shall advise Escrow Agent of the date 90 days after such effective date (the "90-Day Date") by which the Company is obligated to have received acceptable subscriptions for at least $3,000,000.
Date: Date: Name: Annual Teaching Assignment: 90-Day Date: Other It is my judgment, based upon adopted criteria, that this employee's overall performance has been during the evaluation period.
If, on the 90-Day Date, Escrow Agent has not previously disbursed any of the Escrow Funds to the Company under Section 2.1.1 above and does not then hold Escrow Funds, exclusive of interest and other amounts accrued thereon, in the amount of at least $3,000,000, Escrow Agent may, on five (5) days prior written notice to the Company, terminate the Escrow and disburse the Escrow Funds to the Company for the specific purposes of the Company's refund of the Escrow Funds to the investors.
Promptly after the Registration Statement has been declared effective, the Company shall advise Escrow Agent of the date 90 days after such effective date (the "90-Day Date") by which the Company is obligated to have received acceptable subscriptions for at least $2,000,000.
In the event that the Registration Statement is not declared effective by the date (the "90-Day Date") that is 90 days after the date of the filing of the Registration Statement with the Commission pursuant to Section 7.1.1(b) above, the Company shall pay to the Purchaser liquidated damages in an amount equal to 0.25% of the total purchase price of the Shares purchased by the Purchaser pursuant to this Agreement for each week after the 90-Day Date that the Registration Statement is not declared effective.