CP Period definition
Examples of CP Period in a sentence
The obligations of the Vendor to consummate and effect the sale and purchase of the Sale Shares contemplated under this Agreement shall be conditional upon the following Conditions Precedent having been fulfilled by the Purchaser within the CP Period.
For so long as the Class A Holders are entitled to purchase Shares pursuant to Section 5.1, subject to subsections (b), (d) and (e) of this Section 7.17, each Class A Holder hereby agrees to exercise its rights to purchase from the Company, and shall so purchase and the Company shall sell, shares of Series 3 PCS Stock pursuant to Section 5.1 hereof upon, and simultaneously with, an Issuance Event that occurs during an Applicable CP Period.
The obligations of the Purchaser to consummate and effect the sale and purchase of the Sale Shares contemplated under this Agreement shall be conditional upon the following Conditions Precedent having been fulfilled by the Vendor within the CP Period.
During the CP Period, no later than March 31 of each AKP Fiscal Year (except as set forth in Section 7.2.1), AKP shall create and submit to the JSC for review the Commercialization Plan for the following Commercialization Plan Period.
The obligations of the Purchasers to consummate and effect the sale and purchase of the Sale Shares contemplated under this Agreement shall be conditional upon the following Conditions Precedent having been fulfilled by the Vendor within the CP Period.
Save for the MBSB Loan Redemption Sum of approximately RM21,000,000.00, the MAIS Settlement of RM6,000,000.00, which shall be settled by ASSB on behalf of KHSB within the First CP Period, the Bank Guarantee and the Corporate Guarantee for the purposes as stated in items 5.3 (viii) and (ix), there are no other contingent liabilities and guarantees to be assumed by ASSB and/or Paramount arising from the DRA.
HSYJ undertakes and agrees to use reasonable endeavours to procure fulfillment of all the Conditions Precedent to the satisfaction of Verakin Property within the CP Period.
The DRA is conditional upon and subject to the consent of the Selangor state authority and the approval of EPU for the Land Transfer and the Development Approvals having been obtained prior to the expiry of the Second Phase CP Period.
In the event that the CP above are not fulfilled within the CP Period, then MJPerak shall settle the Debt by way of cash or in kind within three (3) months with an automatic renewal of three (3) months from the date of the Debt Settlement Agreement or such extended period as the Parties may mutually agree in writing (“Settlement Period”), failing which the Lender shall entitle to exercise its rights under the Promissory Note.