IRREVOCABILITY definition

IRREVOCABILITY means a situation in which the transfer of an asset or financial instrument, or the discharge of an obligation by an operator of a system or its participants may not be revoked by the transferor;
IRREVOCABILITY. This offer shall be irrevocable by......................................until.............................. on the........................................ day of.................................................................................,20. after which time if not accepted, this Agreement shall be null and void and all monies paid thereon shall be returned to the Tenant without interest or deduction.
IRREVOCABILITY. Any notice under clause 17.1 (Prepayment of Tranche A Advances), 17.2 (Prepayment of Tranche B Loan Advances), 17.3 (Cancellation), or 18.1 (Additional Right of Prepayment and Cancellation) shall be irrevocable. The amount of any prepayment under clause 17 (Prepayment and Cancellation) shall become due and payable on the date specified in the relevant notice. No amount cancelled under clause 17.3 (Cancellation) or 18.1 (Additional Right of Prepayment and Cancellation) may subsequently be reinstated.

Examples of IRREVOCABILITY in a sentence

  • Subject to Section 6.12(a), any amounts due following a termination under this Agreement (other than the Accrued Obligations) shall be paid to the Executive within thirty (30) days of the Irrevocability Date, but in no event later than the time necessary for the payment of such amounts to qualify as a “short term deferral” for purposes of Section 409A.

  • In the event that the Irrevocability Date has occurred, Cleveland-Cliffs shall so notify the Trustee promptly.

  • SFA - 32 10.01 Irrevocability ...............................................

  • POWER OF ATTORNEY 38 14.1 Power of Attorney 38 14.2 Irrevocability 39 14.3 Priority of Agreement 39 14.4 Exercise of Power 39 ARTICLE XV.

  • On or after the Irrevocability Date, the Trustee may be removed at any time by agreement of Cleveland-Cliffs and a majority of the Executives.

  • On or after the Irrevocability Date, the Trustee may be removed at any time by agreement of Cleveland-Cliffs and a majority of the Directors.

  • Irrevocability of funds means that binding legal documents, such as loan agreements, mortgages/deeds of trust, partnership agreements, operating agreements, or similar documents committing funds have been executed by the applicable parties, though disbursement of such funds may be subject to meeting progress milestones, avoiding default, and meeting other commercially reasonable conditions precedent under such documents.

  • Section 6.1 Irrevocability 20 Section 6.2 Term; Termination 20 Section 6.3 Taxes.

  • Irrevocability: Property which prevents a person or entity from denying having executed a particular action or transaction.

  • Proration At or about 8 a.m., New York City time, on Monday, December 10, Procedures If you wish to submit a tender offer pursuant to the Offer, you, the Luxembourg Tender Agent The Luxembourg Tender Agent may assist holders of the Bonds in Irrevocability; Withdrawal Rights Tender offers will become irrevocable upon expiration of the Offer.


More Definitions of IRREVOCABILITY

IRREVOCABILITY of the granted licenses Add Sub-Clause 1.17: Any license granted to the Employer to access and use Software supplied to the Employer under the Contract, shall be irrevocable
IRREVOCABILITY. A Drawing Notice shall be irrevocable and, subject to the provisions of this Agreement, the Borrower named therein shall draw the Advance on the Drawing Date specified in the Drawing Notice.
IRREVOCABILITY. A Drawing Notice shall be irrevocable and, subject to clause 10, the Borrower shall borrow the stated amount on the stated date.
IRREVOCABILITY. This offer shall be irrevocable by. . . . day of ..........................................., 20 , after which time if not accepted, this Offer shall be null and void and all monies paid thereon shall be returned to the Tenant without interest or deduction.
IRREVOCABILITY. A notice under clause 7.1 shall be irrevocable and the Loan shall become due and payable on that Interest Payment Date.
IRREVOCABILITY. This Offer shall be irrevocable by Purchaser until...5:00 PM.... on the...27th....day of....

Related to IRREVOCABILITY

  • Unconditional Date means the date on which the Offer is declared or becomes unconditional in all respects.

  • Release of Claims means the Release of Claims in substantially the same form attached hereto as Exhibit B (as the same may be revised from time to time by the Company upon the advice of counsel).

  • General Release has the meaning stated in Section 6.03.

  • Waiver and Release means the Waiver and Release attached hereto as Exhibit A.

  • Notice of Revocation means, in connection with the revocation by a Beneficial Owner or its Agent Member of its Notice of Tender, a notice, substantially in the form attached to the Tender and Paying Agent Agreement, delivered by a Beneficial Owner or its Agent Member to the Tender and Paying Agent indicating an intention to revoke the tender of some or all of the VRDP Shares for sale on a Purchase Date pursuant to Section 1 of Part II of this Statement.