CP Deadline definition
Examples of CP Deadline in a sentence
If the Parties agree in writing to change the deadline for satisfaction of the Conditions Precedent to the revised date notified by Seller or another date, such revised date shall be deemed the CP Deadline for all purposes of this Agreement.
The Storage Operator’s notice on an expected revised date does not affect the applicable CP Deadline.
Notwithstanding the foregoing, if the Financial Closing CP has not been satisfied or waived on or before the CP Deadline based on the terms of this Agreement, Kolmar shall have the right to provide written notice (the “Financial Close Negotiation Notice”) to Gevo within thirty (30) Days of the CP Deadline that it desires to negotiate the terms of this Agreement with Gevo to ensure financial closing.
By separate letter agreement on even date herewith Borrower has requested that the CP Deadline be extended to October 1, 2010.
Either Seller or Buyer may provide a Tier 3 CP Termination Notice with immediate effect at any time prior to Seller’s Tier 3 CP Deadline and/or Buyer’s Tier 3 CP Deadline, respectively, if it reasonably determines that such Party’s Tier 3 CPs will not be achieved by Seller’s Tier 3 CP Deadline and/or Buyer’s Tier 3 CP Deadline, respectively.
If either Condition Precedent is not satisfied by the CP Deadline in circumstances other than where such Condition Precedent has been waived in accordance with Section 2.3.2, Seller shall give notice to that effect to Buyer and, if requested by Buyer, shall provide an explanation of the reason for the delay in satisfaction of the Conditions Precedent and the revised date by which it is reasonably expected that the Conditions Precedent will be satisfied.
For the avoidance of doubt, if the Dumex CP Deadline is extended pursuant to the Dumex China SPA, the earliest date on which condition (b)(ii) above may be assessed to determine whether it has been satisfied is on such extended Dumex CP Deadline as determined in accordance with the Dumex China SPA.
Following approval and confirmation of the RJ Plan, and after the CP Deadline, the RJ Company Parties, will launch a solicitation process through DTC, whether under the Scheme of Arrangement (as applicable) or otherwise, for the period of 30 days, during which Noteholders shall be permitted to select the payment options they wish to receive pursuant to the RJ Plan, as provided in this Term Sheet and to be further provided in the Restructuring Support Agreement.
Seller may provide a Tier 4 CP Termination Notice with immediate effect at any time prior to Seller’s Tier 4 CP Deadline if it reasonably determines that any Tier 4 Seller’s CPs will not be achieved by Seller’s Tier 4 CP Deadline.
The FOB Sale and Purchase Agreements shall be in full force and effect, and all conditions precedent thereunder shall have been satisfied by the CP Deadline (as defined in the applicable FOB Sale and Purchase Agreement).