Initial Standstill Period definition

Initial Standstill Period shall have the meaning set forth in Section 2.1(a)(i).
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Initial Standstill Period has the meaning set forth in Section 4.1(a).
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Initial Standstill Period means a period of 180 days following the delivery by the Collateral Agent to each Secured Debt Representative of a Notice of Actionable Default, provided that, if an Act of Instructing Secured Parties to commence an Enforcement Proceeding has been delivered to the Collateral Agent prior to the expiry of such 180 day period in accordance with Sections 2.3, 2.4 and 3.3, the Initial Standstill Period shall continue for the duration of such Enforcement Proceeding, provided that (i) such Enforcement Proceeding is being diligently pursued by the applicable Secured Parties (or the Collateral Agent at their direction) with respect to all or a material portion of the applicable Collateral or (ii) the Collateral Agent (at the direction of the applicable Secured Parties) is diligently attempting to vacate any stay on the enforcement of its Liens.
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Examples of Initial Standstill Period in a sentence

  • The Revolving Agent hereby agrees to deliver a Conditional Account Agent Transfer Notice to the Conditional Controlled Account Bank (i) upon the Discharge of Revolving Credit Obligations and (ii) prior to the Discharge of Revolving Credit Obligations, at the request of the Initial Controlling Other Pari Passu Agent, after the expiration of the Initial Standstill Period and so long as the Revolving Agent has not commenced any Enforcement Action.

  • Until payment in full of all the Senior Obligations (unless Stryker has purchased the Senior Obligations pursuant to Section 4.03 below), and except in connection with actions during the Initial Standstill Period, Stryker will refrain from making demand of the Debtor or Mariel for payment of the Subordinated Obligations or exercising any rights for the enforcement of payment of the Subordinated Obligations against the Debtor or Mariel, without the prior written consent of Knight.

  • It could be argued that LoopNet had an interest in such pictures, as the pictures themselves could act as a draw for customers.

  • From and after the end of the Initial Standstill Period, any Investor may Transfer beneficial or record ownership of any Voting Securities, subject to compliance with Section 2.2(d) and clauses (b), (c) or (d) and (f) below.

  • There are 16 broad career clusters broken down into multiple pathways.

  • During the Initial Standstill Period, Stryker shall keep Knight reasonably informed of the process, the prospects of realization of value from Collateral and the status of any potential offers to purchase the Collateral.

  • UBS-LB agrees that from December 8, 1998 through December 18, 1998 (or such earlier date as the Initial Standstill Period may begin under Section 6 herein) (such period, the "Preliminary Standstill Period"), subject to the terms and conditions set forth below, UBS-LB will not require any settlement under the Forward Agreement and will not sell, assign or otherwise transfer any interest in any of the Underlying Shares or shares delivered as collateral under the Forward Agreement.

  • After the Initial Standstill Period, the Chairman (or his or her nominee) of the Workout Committee for a Debtor Company must chair meetings of Financial Institution Creditors of that Debtor Company.

  • Creditors After the Initial Standstill Period, the Chairman (or his or her nominee) of the Workout Committee for a Debtor Company must chair meetings of Financial Creditors of that Debtor Company.

  • The Revolving Agent hereby agrees to deliver an Other Account Agent Transfer Notice to any such depositary bank (i) upon the Discharge of Revolving Credit Obligations and (ii) prior to the Discharge of Revolving Credit Obligations, at the request of the Initial Controlling Other Pari Passu Agent, after the expiration of the Initial Standstill Period and so long as the Revolving Agent has not commenced any Enforcement Action.


More Definitions of Initial Standstill Period

Initial Standstill Period means the period commencing on the date of this Agreement and ending on the second anniversary of the Effective Date.
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Initial Standstill Period has the meaning ascribed to such term in Section 3.01(a).
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Initial Standstill Period shall have the meaning set forth in Section 2.1(a)(ii). "Investment Agreement" shall have the meaning set forth in the Recitals. "Investment Completion Date" shall have the meaning set forth in Article I of the Investment Agreement. "Joint Venture" shall have the meaning set forth in Article I of the Investment Agreement. "Joint Venture Agreement" shall mean that certain Joint Venture Agreement, dated as of June 22, 1995, among FT, DT, Sprint and Sprint Global Venture, Inc. "Joint Venture Documents" shall have the meaning set forth in Article I of the Investment Agreement. "JV Entity" shall have the meaning set forth in Article I of the Investment Agreement. "Largest Other Holder" shall mean the Other Holder, if any, who Beneficially Owns a larger percentage of the Outstanding Sprint Voting Securities than any other Person, provided that, for purposes of this definition, FT, DT, their Affiliates and Associates and Qualified Stock Purchasers shall be considered a single Person. "Major Competitor" shall have the meaning set forth in Article I of the Investment Agreement. "Other Agreements" shall mean the Investment Agreement, the Stockholders' Agreement, the Registration Rights Agreement, the FT Investor Confidentiality Agreement and the DT Investor Confidentiality Agreement. "Other Holder" shall mean any Person other than (i) FT, DT, any of their respective Affiliates or Associates or any Qualified Stock Purchaser, (ii) Sprint, (iii) any Subsidiary of Sprint, (iv) any employee benefit plan of Sprint or of any Subsidiary of Sprint, or (v) any Person organized, appointed or established by Sprint or any Subsidiary of Sprint for or pursuant to the terms of any such plan. "Outstanding Sprint Voting Securities" shall mean the Sprint Voting Securities outstanding as of any particular date, plus all Sprint Voting Securities which as of such date any of FT or DT or any of their respective Affiliates is committed to acquire from Sprint or has the right to acquire (or to commit to acquire) from Sprint pursuant to the Investment Agreement and the Stockholders' Agreement. "Owned of Record or Voted by" shall have the meaning specified in Section 310(b)(4) of the Communications Act and published interpretations thereof by the FCC and the U.S. federal courts. "Passive Financial Institution" shall mean a bank (or comparable financial institution), insurance company, pension or retirement fund which acquires Voting Securities or other equity interests in a Qualified Subsidia...
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Related to Initial Standstill Period

  • Standstill Period has the meaning set forth in Section 3.1.

  • Term Loan Standstill Period has the meaning provided in Section 8.01(b).

  • Lock-up Period means the period beginning on the date hereof and continuing through the close of trading on the date that is 90 days after the date of the Prospectus (as defined in the Underwriting Agreement).

  • Lockup Period has the meaning set forth in Section 2.4(d)(i).

  • Waiver Period ’ means, for each applicable fee, the period of time from the initial effective date of the MIAX Emerald Fee Schedule until such time that the Exchange has an effective fee filing establishing the applicable fee. The Exchange will issue a Regulatory Circular announcing the establishment of an applicable fee that was subject to a Waiver Period at least fifteen (15) days prior

  • Forbearance Period means the period between the Effective Date and the Termination Date, inclusive.

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination and (B) subsequent to the Business Combination, (x) if the closing price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

  • Acquisition Period means any period commencing on the date that a Material Acquisition is consummated through and including the last day of the second full fiscal quarter following the date on which such acquisition is consummated; provided that there shall be at least one full fiscal quarter between any two Acquisition Periods.

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • Founder Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier to occur of (A) one year after the completion of the Company’s initial Business Combination or earlier if, subsequent to the Company’s initial Business Combination, the last sales price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (B) the consummation by the Company of any subsequent liquidation, merger, stock exchange or other similar transaction, which results in all of the Company’s stockholders having the right to exchange their shares of the Common Stock for cash, securities or other property.

  • Second Extension Period means the period commencing on the day following the First Extended Scheduled Maturity Date and ending on the Second Extended Scheduled Maturity Date.

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • 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.

  • Standstill Termination Date means the earlier of (i) 90 days after the Board Designation Termination Date and (ii) the later of (A) the first anniversary of the date of this Agreement and (B) 90 days after the date on which all Purchaser Designated Directors have resigned or been removed from the Board and the Purchaser has permanently waived and renounced its Board designation rights under Section 1.

  • Shelf Period has the meaning set forth in Section 2.02(b).

  • Cover Period means the period from the cover start date to the cover end date.

  • Agreement Period means the time period specified in Article IV, Paragraph A, herein.

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • License Period means the period beginning from the Commencement Date and ending on the Termination Date.

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • Exclusivity Period shall have the meaning set forth in Section 6.11.

  • Shelf Filing Event shall have the meaning set forth in Section 2(c) hereof.

  • Consultation Period means the period of sixty (60) days or such other longer period as the Parties may agree, commencing from the date of issuance of a Developer Preliminary Default Notice or ESCOM Preliminary Default Notice as provided in Article 16 of this Agreement, for consultation between the Parties to mitigate the consequence of the relevant event having regard to all the circumstances.

  • Acquisition Date With respect to any REO Property, the first day on which such REO Property is considered to be acquired by the Trust Fund within the meaning of Treasury Regulations Section 1.856-6(b)(1), which is the first day on which the Trust Fund is treated as the owner of such REO Property for federal income tax purposes.

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.