Buyback Date definition

Buyback Date means the date on which title to the System transfers to Railways pursuant to Railways exercising its purchase option under Article 28 &Schedule M

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Buyback Date the next Business Day following the expiration of a period of 30-90 consecutive days during which time the Borrower concerned has not paid the full amount of the Borrower Loan Repayment(s).

Buyback Date is the date after the Subscription Close Date and before the Maturity Date on which the Company redeems or converts into equity the aPledge Digital Security Tokens held by the Holder.

Examples of Buyback Date in a sentence

In addition to the foregoing Consideration, the Buyer shall pay CSC $2,000,000 on the Buyback Date (the "Contingent Buyback Liability").
If the Trading Volume on the date that is 90 days following the Measurement Date (the "Buyback Date") is less than 50,000 shares, then, to the extent requested by CSC, the Buyer shall be required to purchase any Unsold Shares (excluding the Guaranteed Shares) at the Market Price on the Closing of this Agreement.
Prior to the Buyback Date: The Buyback Absolute Value is fixed at the Buyback Base Value.
Upon receipt of the Buyback Notice, Elandia and ▇▇▇▇▇▇▇▇ shall have ninety (90) days to mutually select an Independent Appraiser and to prospectively designate a date within such 90-day period that shall be used by the Independent Appraiser to measure and establish the Fair Market Value per Series A Preferred Unit as of the Buyback Date.
In order to exercise its Buyback Right, ▇▇▇▇▇▇▇▇ must deliver written notice (“Buyback Notice”) to Elandia prior to the Buyback Date.
After the Buyback Date: The Buyback Absolute Value increases annually by an amount equal to the Buyback Value multiplied by the Buyback Increment Percentage.
Notwithstanding the foregoing, the Contingent Liability shall not be due and payable by the Company if either (a) the Trading Volume on the Buyback Date equals or exceeds 50,000 shares; or (b) if Buyer complies with the payment obligation provided in (S)1.9.

More Definitions of Buyback Date

Buyback Date means the 180th day following the Closing Date, PROVIDED, HOWEVER, that the Buyback Date shall be extended beyond the 180th day following the Closing Date for any time period of delay that is the result solely of Joel's need to address any regulatory agency concerns regarding the adequacy of Joel's financial statements.

Buyback Date has the meaning ascribed to such term in Section 11.1.

Buyback Date means the date set at the end of the second year on which the Licensor will buy back the ILO Unit from the Licensee. The Buyback Date will be no later than three years from the Commencement Date unless otherwise stated in Schedule A.

Buyback Date means the date on which title to the System transfers to Railways