Blacksands Rights Period definition

Blacksands Rights Period means any period during which Blacksands (i) directly or indirectly holds at least thirty percent (30%) of the issued and outstanding Common Shares (calculated in accordance with Section 2.6 and as adjusted for any share splits, reverse share splits, share dividends, recapitalizations and the like) or (ii) is required to account for its equity interest in the Company under the equity method of accounting under GAAP or under applicable financial reporting requirements of the Securities and Exchange Commission.
Sample 1

Examples of Blacksands Rights Period in a sentence

  • So long as the Blacksands Rights Period is in effect, the Company shall pre-clear with Blacksands all press releases or similar public disclosures.

  • So long as the Blacksands Rights Period is in effect (with respect to Blacksands) or so long as the Current Shareholder Designation Period is in effect (with respect to the Current Shareholders), then, as soon as available, but not later than thirty (30) days prior to the beginning of each fiscal year, the Company shall cause to be delivered to Blacksands and/or the Current Access Shareholder, as applicable, the Annual Plan for the next fiscal year.

Related to Blacksands Rights Period

  • Rights Period has the meaning set forth in Section 4.1(b);

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination and (B) subsequent to the Business Combination, (x) if the closing price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

  • Lockup Period has the meaning set forth in Section 2.4(d)(i).

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.

  • Lock-up Period means the period beginning on the date hereof and continuing through the close of trading on the date that is 90 days after the date of the Prospectus (as defined in the Underwriting Agreement).

  • Resale Restriction Termination Date shall have the meaning specified in Section 2.05(c).

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • Start-up Period means up to 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age range of the Academy will have some pupils present).

  • Registration Default Period shall have the meaning assigned thereto in Section 2(c).

  • Exchange Right has the meaning provided in Section 8.05(a) hereof.

  • Company Cure Period has the meaning specified in Section 10.01(b).

  • Voting Rights Triggering Event means the failure of the Company to pay dividends on the Preferred Stock with respect to six or more quarterly periods (whether or not consecutive).

  • Triggering Event means any Section 11(a)(ii) Event or any Section 13 Event.

  • Recapture Period means, with respect to any Project, the period from the date such Project is Placed in Service through the fifth anniversary of such date.

  • Founder Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier to occur of (A) one year after the completion of the Company’s initial Business Combination or earlier if, subsequent to the Company’s initial Business Combination, the last sales price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (B) the consummation by the Company of any subsequent liquidation, merger, stock exchange or other similar transaction, which results in all of the Company’s stockholders having the right to exchange their shares of the Common Stock for cash, securities or other property.

  • Registration Period shall have the meaning specified in Section 5(C), below.

  • Standstill Termination Date means the earlier of (i) 90 days after the Board Designation Termination Date and (ii) the later of (A) the first anniversary of the date of this Agreement and (B) 90 days after the date on which all Purchaser Designated Directors have resigned or been removed from the Board and the Purchaser has permanently waived and renounced its Board designation rights under Section 1.

  • restricted security term means each of the terms “non-voting security”, “subordinate voting security”, and “restricted voting security”;

  • Default Period means, with respect to any Defaulting Lender, the period commencing on the date of the applicable Funding Default and ending on the earliest of the following dates: (i) the date on which all Commitments are cancelled or terminated and/or the Obligations are declared or become immediately due and payable, (ii) the date on which (a) the Default Excess with respect to such Defaulting Lender shall have been reduced to zero (whether by the funding by such Defaulting Lender of any Defaulted Loans of such Defaulting Lender or by the non-pro rata application of any voluntary or mandatory prepayments of the Loans in accordance with the terms of Section 2.13 or Section 2.14 or by a combination thereof) and (b) such Defaulting Lender shall have delivered to Company and Administrative Agent a written reaffirmation of its intention to honor its obligations hereunder with respect to its Commitments, and (iii) the date on which Company, Administrative Agent and Requisite Lenders waive all Funding Defaults of such Defaulting Lender in writing.

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Repurchase Right has the meaning specified in Section 11.1 hereof.

  • Forfeiture Period means the period from the Grant Date until the Forfeiture Date.

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • Put Restriction means the days between the beginning of the Pricing Period and Closing Date. During this time, the Company shall not be entitled to deliver another Put Notice.

  • Purchase Option Period As defined in Section 9.03(a) hereof.