Challenge Period definition

Challenge Period means the end of the period of 28 days beginning with the first day on which the condition at Clause 4.1.1 has been satisfied;

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Challenge Period as defined in the Final DIP Order.

Challenge Period means the expiry of the later of:

Examples of Challenge Period in a sentence

• Changes to the Challenge Period may be announced on the Sponsor’s website.

• Proposals received following the Challenge Period may be rejected at Sponsor’s sole determination.

• Notwithstanding the foregoing limitations, up to $50,000 in the aggregate of the Carve-Out, any Cash Collateral or any proceeds of the DIP Facility or DIP Collateral may be used by any Committee prior to the Challenge Period Termination Date to investigate the matters covered by the Claims Stipulations.

• If a chapter 7 trustee or a chapter 11 trustee is appointed or elected during the Challenge Period, then the Challenge Period Termination Date with respect to such trustee only, shall be the later of (i) the last day of the Challenge Period and (ii) the date that is twenty (20) days after the date on which such trustee is appointed or elected.

• The Program shall commence on March 1, 2005 and continue until all earned disbursements are made following the end of the Challenge Period.

More Definitions of Challenge Period

Challenge Period means the earlier of (a) sixty (60) days after the formation of any Committee, but in no event later than seventy-five (75) days after the Petition Date, (b) if no Committee is formed, seventy-five (75) days after the Petition Date and (c) the date of confirmation of a chapter 11 plan. The Challenge Period may only be extended (A) with the written consent of the Prepetition RBL Agent with respect to the Prepetition RBL Obligations, the Prepetition RBL Loan Documents or the Prepetition Senior Liens; the Prepetition FLMO Term Loan Agent with respect to the Prepetition FLMO Obligations, the Prepetition FLMO Term Loan Documents or the Prepetition Senior Liens; the Prepetition FLLO Term Loan Agent with respect to the Prepetition FLLO Obligations, the Prepetition FLLO Term Loan Documents or the Prepetition FLLO Liens; or the Prepetition Second Lien Collateral Trustee with respect to the Prepetition Second Lien Obligations, the Prepetition Second Lien Documents or the Prepetition Second Liens, or (B) by the Court, upon a motion for cause shown, in each case, prior to the expiration of the Challenge Period.

Challenge Period shall have the meaning set forth in the applicable DIP Order.

Challenge Period has the meaning given such term in Section 6(b).

Challenge Period means the 28-day period, starting on the day on which the chairman of the Creditors’ Meeting and Member’s Meeting lodges their report of the Creditors’ Meeting and Member’s Meeting in accordance with Rule 1.17 of the Rules, during which a creditor of the Company can challenge the CVA under sections 6(3)(a) or 6(3)(b) of the Act and Rule 1.15B(3) of the Rules or a member of the Company can challenge the CVA under section 4A(3) of the Act;

Challenge Period has the meaning set forth in the Interim Order, or, after the entry of the Final Order, in the Final Order.

Challenge Period means the three year period commencing February 1, 2005 and ending January 31, 2008.

Challenge Period means the following periods each calculated from and including the relevant Permission Date: