Five Year Date definition
Examples of Five Year Date in a sentence
If the Minimum Improvements are not completed, the maximum amount of the TIF Note shall not exceed the Qualified Costs that are completed as of the Five Year Date.
In case any such mutilated, destroyed, lost or stolen Note has become or is about to become due and payable, the Company in its discretion may, instead of issuing a new Note, pay such Note, provided such payment is either not made prior to the day following the Five Year Date or is made only following the occurrence of an Event of Default.
If this Agreement is terminated for any reason prior to the fifth anniversary of the Effective Date (the "Five Year Date"), Operator and DCC agree that AirTouch may, if it so elects in its sole discretion, continue any or all of the Roaming Agreements entered into pursuant to Section 4(a) until the Five Year Date.
On or before the 15th day after the occurrence of a Termination of Trading (unless such Termination of Trading occurs prior to the Five Year Date, then on the 15th day following the Five Year Date), the Company shall mail to all Holders of Notes a notice of the occurrence of such Termination of Trading, the Repurchase Price and the procedures which the Holder must follow to exercise the repurchase right.
If this Agreement is terminated for any reason prior to the fifth anniversary of the Initial Effective Date (the "Five Year Date"), Operator and DCC agree that AirTouch may, if it so elects in its sole discretion, continue any or all of the Roaming Agreements entered into pursuant to Section 4(a) until the Five Year Date.
Except for Section 8.3(d) below, this Section 8.3 shall only become applicable (i) on or after the date that is five (5) years after the First Procedure Date (the “Five Year Date”), and (ii) if the average number of Procedures actually performed using the Equipment during the twelve (12) month period immediately preceding the Five Year Date was not less than one hundred fifty (150) Procedures (collectively, the “New Technology Preconditions”).
On each annual anniversary of the Five Year Date, the annual advisory fee shall be reduced by 12% (i.e., the annual advisory fee percentage shall decrease from 2.25% of the aggregate Cost Basis of the Portfolio Securities as of the beginning of such Fiscal Quarter to 1.98%, to 1.74%, and so on).
In case any such mutilated, destroyed, lost or stolen Note has become or is about to become due and payable, the Company in its discretion may, instead of issuing a new Note, pay such Note, provided that such payment is either not made prior to the day following the Five Year Date or is made only following the occurrence of an Event of Default.
If this Agreement is terminated for any reason prior to the fifth anniversary of the Effective Date (the "Five Year Date"), Operator and DCC agree that WMC may, if it so elects in its sole discretion, continue any or al! of the roaming agreements entered into pursuant to Section 4(a) until the Five Year Date.