Examples of Clean-Up Period in a sentence
Enforcement Proceeding'' means the investigation of the alleged rule violation by ESI culminating in the Notice of Apparent Liability for Forfeiture.
Notwithstanding the above, if the relevant circumstances are continuing after the expiry of the Clean-Up Period, there shall be an immediate Default or Event of Default, as applicable, and all rights and remedies which would apply with regard thereto but for this Section 6.03 shall arise and be exercisable.
Notwithstanding the immediately preceding sentence, if the relevant circumstances are continuing on or after the expiry of the Clean-Up Period, there shall be a breach of representation or warranty, notwithstanding the immediately preceding sentence (and without prejudice to the rights and remedies of the Administrative Agent and the Lenders).
Borrower acknowledges and aggress that no proceeds of the Revised LOC shall be available during the Annual Clean-Up Period.
Each of the events or circumstances set out in this Clause 25 is an Event of Default (save for Clause 25.23 (Acceleration) and subject to Clause 25.24 (Clean-Up Period)).