First Long Stop Date definition
Examples of First Long Stop Date in a sentence
If Caspian and/or Omidyar do not invest into the Company on or before the First Closing Long Stop Date and Northern Arc does not invest in the Company on or before the Northern Arc First Long Stop Date, then this Agreement shall automatically stand terminated in relation to such Anchor Investor, and the Agreement shall be construed accordingly.
If the Planning Condition is not satisfied by the First Long Stop Date then either party may by service of fifteen (15) Working Days written notice on the other terminate this agreement and upon expiry of such notice if the Planning Condition is not satisfied this agreement shall be terminated.
The Purchaser and ICI shall each use its reasonable endeavours to procure that the First Completion Condition is fulfilled as soon as is practical following execution of this Agreement and in any event before the First Long Stop Date.