Equity Transfer Date definition

Equity Transfer Date means November 19, 2013 [the date the equity transfer and Spin Off Date].
Equity Transfer Date shall be added as a defined term under Section 1.01 of the Security Instrument, as follows:
Equity Transfer Date means the date on which the Equity Interests in Reorganized Millennium are (i) transferred from the Holders of the Existing Equity Interests of Millennium to the Holders of Allowed Existing Credit Agreement Claims and (ii) immediately thereafter, transferred from the Holders of Allowed Existing Credit Agreement Claims to New Holdco, which date shall be at least one (1) Business Day following payment of the Settlement Contribution and payment of the USA Settlement Funding Contribution to the USA, and in any event shall be no later than December 31, 2015.

Examples of Equity Transfer Date in a sentence

  • In order to ensure the Guarantee Agreement to be released within 12 months from the Equity Transfer Date, (i) the Purchaser shall pledge the Sale Interest in favour of the Company on the Equity Transfer Date and such pledge shall be discharged after the Guarantee Agreement is released; and (ii) the Target shall pledge all shares in Songya Lake Construction held by it in favour of the Company on the Equity Transfer Date and execute the relevant guarantee and counter-guarantee agreements.

  • Reprocessing and further use of single-use devices may only take place where permitted by national law and only in accordance with this Article.

  • In connection with the sale and purchase of the Sale Interest, it is agreed by the parties to the SP Agreement that the release of the Guarantee Agreement shall be arranged by the Purchaser within 12 months from the Equity Transfer Date through negotiation with the Banks.

  • Privacy policies involving data at rest, in transit, and in use will have to be enforced within and across these environments.

  • Conditions to the Equity Transfer Date The occurrence of the Equity Transfer Date is subject to each of the following conditions precedent: (i) All conditions to the Effective Date of the Plan as provided in Article VIII.B above shall have been satisfied or waived.

  • Formation of Millennium Lender Claim TrustOn the Equity Transfer Date, but after the transactions described in clauses (i) and (ii) of the definition of Equity Transfer Date, the Millennium Lender Claim Trust shall be created and shall be funded by Reorganized Millennium in the amount of $2,000,000 Cash (as provided below), plus such additional tangible or intangible assets as the Reorganized Millennium shall determine.

  • New Holdco Common Stock Issued Under the Plan On the Equity Transfer Date, immediately following the transfer of 100% of the Equity Interests in Reorganized Millennium to New Holdco, in exchange therefor, New Holdco will distribute the New Holdco Common Stock Pro Rata to the Holders of Existing Credit Agreement Claims pursuant to the terms set forth in the Plan and the RSA.

  • Control Services) Section 4.2 (Alternative Control Services) Set out, for each tariff class related to standard control services, the Section 3.2.3 expected weighted average revenue for the relevant regulatory year andalso for the current regulatory year.

  • Other undertakings by the Purchaser and the TargetRelease of the Guarantee AgreementWithin 12 months from the Equity Transfer Date, the Purchaser shall negotiate with the Banks and arrange for the release of the Guarantee Agreement with the Banks.

  • The Guarantee Fee, which, exclusive of any damages payable in respect of it, is capped at RMB47,500,000 (equivalent to approximately HK$51,879,500), is calculated by multiplying the remaining amount of the Guarantee obligations under the Guarantee Agreement by an annual rate of 5%, based on the actual number of days starting from the Equity Transfer Date to the date of release of the Guarantee Agreement.


More Definitions of Equity Transfer Date

Equity Transfer Date means the Payment Date scheduled to occur on
Equity Transfer Date means the Payment Date scheduled to occur on of each year, commencing , 1996.
Equity Transfer Date means 2013.
Equity Transfer Date means the date of the completion of the change in

Related to Equity Transfer Date

  • Subsequent Transfer Date With respect to each Subsequent Transfer Instrument, the date on which the related Subsequent Mortgage Loans are sold to the Trust Fund.

  • Employee Transfer Date means in respect of any particular Transferring Employee the date on which the part of the Services to which they are assigned transfers from the Previous Contractor to the Contractor;

  • Post-Transaction Period means, with respect to any Specified Transaction, the period beginning on the date such Specified Transaction is consummated and ending on the last day of the eighth full consecutive fiscal quarter immediately following the date on which such Specified Transaction is consummated.

  • Initial Transfer Date means the Series Issuance Date for the first Series of Transition Bonds.

  • Risk Transfer Date means the date when the risk of loss or damage to the Works passes from the Contractor to the Employer in accordance with sub Clauses 38.2 and 39.1.

  • Non-Transfer Event means any event or other changes in circumstances other than a purported Transfer, including, without limitation, any change in the value of any Shares.

  • Relevant Transfer Date means, in relation to a Relevant Transfer, the date upon which the Relevant Transfer takes place;

  • Disposition Date shall have the meaning ascribed thereto in Subsection 5.1(d);

  • Post-Event Transferee shall have the meaning set forth in Section 7(e) hereof.

  • Term SOFR Transition Event means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section 2.14 that is not Term SOFR.

  • Make-Whole Acquisition Stock Price means the consideration paid per share of Common Stock in a Make-Whole Acquisition. If such consideration consists only of cash, the Make-Whole Acquisition Stock Price shall equal the amount of cash paid per share of Common Stock. If such consideration consists of any property other than cash, the Make-Whole Acquisition Stock Price shall be the average of the Closing Price per share of Common Stock on each of the 10 consecutive Trading Days up to, but not including, the Make-Whole Acquisition Effective Date.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Specified Acquisition Period means a period elected by the Borrower that commences on the date elected by the Borrower, by notice to the Administrative Agent, following the occurrence of a Specified Acquisition and ending on the earliest of (a) the third Quarterly Testing Date occurring after the consummation of such Specified Acquisition, (b) the date designated by the Borrower as the termination date of such Specified Acquisition Period, or (c) the Quarterly Testing Date on which the Borrower is in compliance with Section 7.09 as such compliance is determined as if such period was not a Specified Acquisition Period; provided, in the event the Leverage Ratio exceeds 5.00 to 1.00 as of the end of any Fiscal Quarter in which a Specified Acquisition has occurred, the Borrower shall be deemed to have so elected a Specified Acquisition Period with respect thereto on such last day of such Fiscal Quarter, and provided, further, following the election (or deemed election) of a Specified Acquisition Period, the Borrower may not elect (or be deemed to have elected) a subsequent Specified Acquisition Period unless, at the time of such subsequent election, the Leverage Ratio does not exceed 5.00 to 1.00; and provided further with respect to a Specified Acquisition by an Unrestricted Subsidiary or a joint venture, a Specified Acquisition Period may be elected by the Borrower (or may be deemed elected by the Borrower) only if the consideration for such Specified Acquisition is raised by the Borrower or a Subsidiary. Only one Specified Acquisition Period may be elected (or deemed elected) with respect to any particular Specified Acquisition.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the Shareholders. Such term does not include:

  • Expected Principal Payment Date means April 15, 2010.

  • Investment End Date : means 11 November 2022, or if such day is not a Scheduled Trading Day, the following day which is a Scheduled Trading Day.

  • Sale Transaction has the meaning set forth in Section 3(a).

  • Post-Acquisition Period means, with respect to any Permitted Acquisition, the period beginning on the date such Permitted Acquisition is consummated and ending on the last day of the sixth full consecutive fiscal quarter immediately following the date on which such Permitted Acquisition is consummated.

  • Senior Principal Payment Amount For any Distribution Date on or after the Stepdown Date and as long as a Trigger Event has not occurred with respect to such Distribution Date, will be the amount, if any, by which (x) the Class Principal Balance of the Senior Certificates immediately prior to such Distribution Date exceeds (y) the lesser of (A) the product of (i) 77% and (ii) the Aggregate Collateral Balance for such Distribution Date and (B) the amount, if any, by which (i) the Aggregate Collateral Balance for such Distribution Date exceeds (ii) 0.50% of the Aggregate Collateral Balance as of the Cut-off Date. Servicer: Calmco, or its successors in interest, as applicable.

  • IPO Closing Date means the closing date of the IPO.

  • Investment Date means the date of the Investment Commitment Closing.

  • Shares Acquisition Date means the first date of public announcement by the Company or an Acquiring Person that an Acquiring Person has become such.

  • Deferred Intercompany Transaction has the meaning set forth in Treas. Reg. Section 1.1502-13.

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • the transfer date means 1 September 1989;

  • Stock Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) under the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such.