Blackout Window definition
Blackout Window means, (a) for each fiscal quarter of the Company, the period beginning on the date that is ten (10) Business Days prior to the date that the Company is required to provide its unaudited financial statements for such fiscal quarter to the Members pursuant to Section 7.1(a)(ii) and ending at 5:00 p.m. New York City time on the first Business Day following the date on which such financial statements are provided to the Members, and (b) for each fiscal year of the Company, the period beginning on the date that is ten (10) Business Days prior to the date that the Company is required to provide its audited financial statements for such fiscal year to the Members pursuant to Section 7.1(a)(ii) and ending at 5:00 p.m. New York City time on the first Business Day following the date on which such financial statements are provided to the Members.
Blackout Window means the period commencing on the Closing Date and ending on the earlier of (a) the 30th day following the final settlement of the Securitization of 100% of the Loan (less any amount retained by Lender to comply with Risk Retention Requirements, to the extent Lender does not satisfy such requirements through the retention of securities issues in connection with a Securitization), and (b) the 180th day following the Closing Date.
Blackout Window means, (a) for each fiscal quarter of the Company, the period beginning on the date that is ten (10) Business Days prior to the date that the Company is required to provide its unaudited financial statements for such fiscal quarter to the Members
Examples of Blackout Window in a sentence
The Corporation shall not be obligated to effect or participate in any Demand Registration, Underwritten Takedown or Shelf Offering during a Management Blackout Window.
Notwithstanding anything contained in this Section 12, an Offer may not be delivered during a Blackout Window, except with the prior written consent of each of the Major Holders of a Holder Group which is then entitled to appoint at least one Manager under Section 6.4(a)(i) or Section 6.4(a)(ii) (other than the Selling Holder, if applicable).
The Corporation shall not be obligated to effect or participate in any Underwritten Takedown or Shelf Offering during a Management Blackout Window.