Conditional Notice definition
Examples of Conditional Notice in a sentence
In the event that a Conditional Notice is given and sufficient amounts as referred to in the Conditional Notice are not so received, the redemption shall not be made and the Trustee shall, within a reasonable time thereafter, give notice, to the persons and in the manner in which the notice of redemption was given, that such amounts were not received and the redemption was not effected.
Notwithstanding the foregoing, the Borrower may condition any notice of prepayment on the consummation of a Conditional Notice Transaction and rescind or postpone any notice of termination of the Commitments if such Conditional Notice Transaction shall not be consummated or otherwise shall be delayed.
Notwithstanding anything to the contrary contained in this Agreement, the Borrower may condition any notice of prepayment of Swing Line Loans on the consummation of a Conditional Notice Transaction and rescind, or extend the date for prepayment specified in, any notice of prepayment under this Section 2.04(b)(ii), if such Conditional Notice Transaction shall not be consummated or shall otherwise be delayed.
The foregoing notwithstanding, the Company's Board of Directors may, by written notice (a "Conditional Notice") to the Grantee, inform the Grantee that it (or PTBI or another Exercising Person) intends to exercise the Mabesa Option but only if the Grantee intends to exercise this Option, in which event the Exercise Event shall be deemed to have commenced on the date that the Grantee receives the Conditional Notice.
In the event of a Conditional Notice, this Warrant shall be exercised only in the event such transaction is consummated, and shall be deemed so exercised immediately prior to the consummation of such public offering or Change of Control transaction (but after giving effect to any adjustment to the Exercise Price).
If the Grantee elects to exercise this Option following the delivery of a Conditional Notice, the Company must, unless otherwise required by law or other legal impediment or expressly permitted by the Grantee, at its sole discretion, exercise (or cause PTBI or another Exercising Person to exercise) the Mabesa Option.
If Owner has not issued a Notice to Proceed for an SGF within ninety (90) days after the Effective Date, either Party shall have the right to terminate this Agreement with respect to each such SGF with respect to which a Notice to Proceed has not been issued by delivering a Notice of termination (a "Conditional Notice of Termination") to the other Party.
If Owner does issue a Notice to Proceed with respect to such affected SGF within ten (10) days of receipt of a Conditional Notice of Termination, this Agreement shall take full force and effect with respect to such affected SGF and the Conditional Notice of Termination shall be ineffective.
The Agent will use its best efforts to cause each Purchaser to execute the Lock-Up Letter, Shareholder Consent and Conditional Notice of Conversion in the form attached hereto as Exhibit "A" and will deliver the original executed copy of each such document to eAutoclaims as soon as possible, but no later than five business days prior to the effective date of the registration statement contemplated in such letter.
Where the Contractor’s access to part of the right-of-way is restricted, either the Special Provisions in the Contract or the Conditional Notice to Proceed will indicate such restrictions.