CP Date definition
Examples of CP Date in a sentence
For the avoidance of doubt, Parent shall not be required to pay or cause to be paid the Phase Two First Tier Equity Funding Amount unless and until the Second Phase CP Date has occurred.
If the CP Date has not occurred within ninety (90) Days following any such notice, either Party may terminate this Agreement by delivering written notice of termination to the other Party.
If a Condition is not satisfied (or waived in accordance with clause 2.3) on or before the CP Date, then either the Seller or the Buyer (relevant Party) may, provided that the relevant Party has complied in all material respects with its obligations under this clause 2 terminate this Agreement by notice in writing to each other Party.
This Agreement shall become effective on the Effective Date; provided that GCE’s obligation to sell Renewable Diesel to EXXONMOBIL, and EXXONMOBIL’s obligation to purchase Renewable Diesel from GCE, shall become effective upon the CP Date, with deliveries to commence on the Start Date.
Commencing on the CP Date, Stripe shall process CP Transactions conducted at point-of-sale Shopify Payment Merchant locations in the Territory.
Unless SRA agrees in writing that it is not required or is required by a different date, as soon as reasonably practical, and in any case not more than 90 days, after the execution of this Agreement (CP Date), the Parties must work together to develop and agree on a detailed agreement to enable the Commercialisation of the Marketable Project IP (Commercialisation Agreement).
In the event (x) the Second Phase CP Date fails to occur on or before December 31, 2015 or (y) the Project Completion Date occurs prior to the sixth anniversary of the Closing Date, the Term Loan Facility Agent shall, of its own motion or as requested by the Borrower, generate and promptly provide to the Intercreditor Agent and the Borrower a revised Amortization Schedule (in respect of which it shall have consulted with the Borrower).
On Completion, the Buyer agrees to pay to the Seller to the Mallesons ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Trust Account (or otherwise as the Seller directs, provided that such direction has been given by the CP Date) the Purchase Price of $16,000,000, less the Deposit Amount.
The Conditions Precedent are inserted for the benefit of the Buyer or the Seller and if any of the Conditions Precedent are not satisfied on the CP Date (and have not been waived in accordance with clause 4.3) then, if the party who wishes to terminate this agreement has complied with clause 4.2 ("Reasonable endeavours"), this agreement may be terminated at any time before Completion by notice given by the Buyer or the Seller to the other of them.
Should the Recipient fail to fulfil the condition precedent specified: in clause 4.1(a) above by the Project Plan, Co-funding and POA CP Date; or in clauses 4.1(b) or 4.1(c) above by the Security and Approvals CP Date, or such longer period as the Department may agree in writing: then: this Agreement will automatically terminate unless the parties agree otherwise in writing; and the Recipient shall have no claim to any of the Grant provided for under this Agreement.