Default Start Date definition

Default Start Date means (x) the date following the date first set forth above on which an Event of Default occurs, unless such Default Start Date is deferred in writing by Required Lenders and (y) the acceleration (whether automatic or by notice) of the obligations under the Financing Agreement.
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Examples of Default Start Date in a sentence

  • All non-compete agreements and other restrictive covenants with any Target Employee of EVO Companies or its Affiliates who accept employment with Operator are hereby deemed waived, to the extent necessary to permit employment by the Operator, by EVO Companies and EVO Companies shall reconfirm such waiver if requested by Operator after the Default Start Date.

  • During the Transition Period, EVO Companies shall provide to the Operator and all of its subsidiaries all of the centralized data processing and computing services, including, but not limited to, access to hardware, software and personnel of EVO Companies that were provided by EVO Companies to Operator prior to the Default Start Date.

  • Commencing on the Default Start Date, EVO Companies will provide Operator with access to all Target Employees to permit Operator to offer employment to such employees.

  • This Agreement shall commence on the Default Start Date and shall continue in full force and effect through the end of Transition Period unless terminated pursuant to Section 11.2 or Section 11.3.

  • EVO Companies’ obligations to provide Transition Services (i) shall not commence until the Default Start Date, and (ii) subject to the early termination of any individual Transition Service in accordance with the terms herein, shall terminate following the end of the Transition Period.

  • Attached hereto as Schedule 2.3 is a list of Transition Services that would be provided pursuant to this Agreement if the Default Start Date is assumed to be the date first set forth above, identifying each such Transition Service in reasonable detail and identifying the Provider of each such Transition Service.

  • Promptly following the Default Start Date, but in no event later than thirty days after the Default Start Date, EVO Companies shall deliver to Operator a listing of all assets owned by Operator or any of its subsidiaries (“Operator Assets”) which are capable of physical delivery or electronic transmission and are then in the possession of any Provider or in the possession of any third-party operating at the direction of any Provider, and are not otherwise already in Operator’s possession or control.