Cut-off Date definition
Examples of Cut-off Date in a sentence
In the event that the chartering of the Vessel terminates for any reason after the Early Buy-out Option Notification Cut-off Date applicable to the Second Early Buy-out Date, such supplemental hire amount shall not reduce or affect the obligation of the Charterer to make a relevant termination amount (including, without limitation, the Stipulated Loss Value or the Special Termination Value as applicable) in connection with such termination, which must be paid in full.
In respect of each Asphalt Repo Transaction, in the event Citi and DKTS do not agree to roll such outstanding Asphalt Repo Transaction by the Asphalt Repo Cut-off Date (other than in the last month of the Term), then the Parties will be deemed to roll such outstanding Asphalt Repo Transaction (a “Deemed Asphalt Repo Transaction”) two (2) Business Days after the Asphalt Repo Cut-off Date (such date, the “Deemed Asphalt Repo Roll Date”).