Disposition Period definition

Disposition Period means, for any Disposition, a period of twelve months ending on the date of such Disposition.
Disposition Period means the period beginning on the Effective Time and ending one year following the Closing Date.
Disposition Period means the period beginning on the execution date of the Merger Agreement and ending on December 31, 2023.

Examples of Disposition Period in a sentence

  • The Servicer, acting on behalf of the Trustee, shall dispose or cooperate with the Trustee in disposing of such REO prior to the close of the third calendar year following the year of its acquisition by the Trustee (the "REO Disposition Period") or, if an extension has been obtained from the Internal Revenue Service pursuant to Section 14.4.2(b), within such period.

  • If the Servicer is otherwise unable to sell such REO, the Servicer shall before the end of the REO Disposition Period or, if an extension has been obtained from the Internal Revenue Service pursuant to Section 14.4.2(b), before the end of such period, following the acquisition of such REO, auction such REO to the highest bidder in an auction reasonably designed to bring a fair price.

  • If the Servicer is otherwise unable to sell such REO, unless otherwise directed by the Master Servicer, the Servicer shall before the end of the REO Disposition Period or, if an extension has been obtained from the Internal Revenue Service pursuant to Section 14.4.2(b), before the end of such period, following the acquisition of such REO, auction such REO to the highest bidder in an auction reasonably designed to bring a fair price.

  • Unless otherwise directed by the Master Servicer, the Servicer, acting on behalf of the Trustee, shall dispose or cooperate with the Trustee in disposing of such REO prior to the close of the third calendar year following the year of its acquisition by the Trustee (the "REO Disposition Period") or, if an extension has been obtained from the Internal Revenue Service pursuant to Section 14.4.2(b), within such period.

  • Unless approved by the Acting Holders, prior to the end of the Disposition Period, the Company shall not grant any lien, security interest, pledge or similar interest in any Potentially Transferable Assets or any Net Proceeds.


More Definitions of Disposition Period

Disposition Period. If any Series Principal Balance is greater than zero on its related Series Disposition Period Date, a period commencing on such Series Disposition Period Date and ending on the earlier of (i) the date upon which such Series Principal Balance is reduced to zero and (ii) the Rated Final Payment Date for such Series.
Disposition Period means the period beginning on the execution date of the Merger Agreement and ending on the date that is twelve-months after the Closing Date.
Disposition Period. Where Cash Settlement or Net Share Settlement is elected or otherwise applies, on the Optional Termination Date or Termination Date (as applicable) (the "Commencement Date"), Party A or the Hedge Entity shall commence selling the Shares acquired by Party A or the Hedge Entity during the Accumulation Period. The following definitions will apply to this sale program. (I) "Final Trading Date": the earlier of (1) the date on which Party A, or the Hedge Entity, has effected transactions on the Exchange by which it has completed the sale of Shares equal to the Relevant Share Number, (2) the 90th calendar day following the Commencement Date, and, in the case of Net Share Settlement only, (3) the date on which Party A, or the Hedge Entity, has effected transactions on the exchange such that the Daily Settlement Amount (as defined below) is an amount less than or equal to zero (a "Zero Settlement Amount"); provided, however, that Party A and the Hedge Entity shall be deemed not to have effected transactions such that the absolute value of a negative Daily Settlement Amount is equal to or greater than the closing price for one Exchange Board Lot (100) of Shares, as reported by the Exchange in respect of the Final Trading Date. (II) "Final Settlement Date": the day on which any sale transaction effected on the Exchange on the Final Trading Date would settle. (III) "Disposition Settlement Day": each day of the period commencing on, and including, the Commencement Date to, and including, the Final Settlement Date. (IV) "Disposition Trading Day": in respect of any Disposition Settlement Day, the day on which any sale transaction effected on the Exchange that settles on such Disposition Settlement Day is effected. (V) "Disposition Period": the period beginning with the Commencement Day, and continuing up to and including the Final Settlement Date. Notwithstanding the foregoing, the Disposition Period shall not be less than 15 days and Party A shall, in effecting sales, observe the volume constraints prescribed by Rule 10b-18 under the Securities Exchange Act of 1934 as if those constraints applied to sales of securities.
Disposition Period means the period beginning on the execution date of the Merger Agreement and ending on the 18 month anniversary of the Closing Date; provided, that, for any sale, transfer, license, assignment, or other divestiture, disposition or commercialization of any Oxford Assets, the Disposition Period means the period beginning on the execution date of the Merger Agreement and ending on the 24 month anniversary of the Closing Date solely with respect to such Oxford Assets.
Disposition Period means the period beginning on the Effective Time and ending on the two-year anniversary of the Closing Date.
Disposition Period means the period beginning on the execution date of the Merger Agreement and ending on December 31, 2020.
Disposition Period means the two-year period following the Record Date; provided, however, such period will be automatically extended for any Claim for an additional one-year period to the extent any Claim is appealed during the initial two-year term.