Initial Review Date definition
Examples of Initial Review Date in a sentence
The Revolving Line of Credit Loan shall be subject to review ------ and, at the sole option and discretion of the BANK, renewal on the Revolving Line of Credit Initial Review Date set forth on the first page of this Agreement, and, if renewed, thereafter on each subsequent anniversary of the Revolving Line of Credit Initial Review Date (the Revolving Line of Credit Initial Review Date, and each anniversary thereof to which the Revolving Line of Credit Loan is renewed and extended, being a "Review Date").
Pending demand, the Revolving Line of Credit Loan shall be subject to review and, at the sole option and discretion of the BANK, renewal on the Revolving Line of Credit Initial Review Date set forth on the first page of this Agreement, and, if renewed, thereafter on March 15, 1998, and if then renewed thereafter on each subsequent anniversary of March 15th (the Initial Review Date, March 15, 1998 and each anniversary thereof to which the Revolving Line of Credit Loan is renewed, being a "Review Date").
Commencing six (6) months from the date of this Agreement (the “Initial Review Date”), the Executive’s Base Salary and the Options (as defined below) may be increased, at the Board’s sole discretion, on the Initial Review Date and on each anniversary date of this Agreement, based on Executive’s performance as President and Chief Operating Officer of the Company.