APT Date definition

APT Date means the first date after the date hereof that shares of Common Stock are deemed to have become Actively Publicly Traded.
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Examples of APT Date in a sentence

  • Neither the Ministry of Economy nor the Dubai Department of Economic Development: (1) have approved the Plan or the Agreement; (2) have taken steps to verify the information set out therein; and (3) have any responsibility for such documents.

  • So long as Phronesis owns at least 50% of the shares of Common Stock purchased by it pursuant to the provisions of the Purchase Agreement and the Warrant, the prior written approval of Phronesis shall be required in order for any Management Stockholder or Affiliate thereof to consummate any Related Party Transaction prior to the earlier to occur of (a) the APT Date or (b) the expiration of eight (8) years following the Closing Date.

  • So long as the Purchaser owns at least 50% of the shares of Common Stock purchased by it pursuant to the provisions of this Agreement, the prior written approval of the Purchaser shall be required in order for the Company to consummate, or to cause any of its subsidiaries to consummate, any Related Party Transaction (as defined in the Stockholders Agreement) prior to the earlier of (i) the APT Date (as defined in the Stockholders Agreement) or (ii) the eight anniversary of the Closing Date.

Related to APT Date

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.

  • Exit Date means the date on which the employer becomes an exiting employer; and

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • Current Date means any day during the 20-day period ending on the date of the Closing.

  • Issuer Call Commencement Date means the first Business Day following the three year period from and including the Issue Date;