Lockbox Date definition

Lockbox Date means February 20, 2016.

Lockbox Date means 11:59 p.m. local time on February 20, 2019.

Lockbox Date means 11:59 p.m. local time on a date agreed to by CPLP and DSS LP (provided that, if they fail to agree, the Lockbox Date will be 11:59 p.m. local time on the last day of the month in which this information statement becomes effective, but not earlier than December 31, 2018).

Examples of Lockbox Date in a sentence

• The File header indicates the file date (Lockbox Date) of the data present in the file.

• In addition, if the Lockbox Date has not yet occurred as of the dates specified in this sentence, Citadel will use its Commercially Reasonable Efforts to update and furnish to Dispatch the SpinCo Illustrative Example as follows: as at December 31, 2018 (such update to be furnished to Dispatch by January 20, 2019) and as at January 31, 2019 (such update to be furnished to Dispatch by February 20, 2019).

• At least five days prior to the due date of any Pre-Lockbox Return or Straddle Return, Sellers shall pay to Buyer the amount of Taxes for periods (or portions thereof) ending on or prior to the Tax Lockbox Date shown as due on any Pre-Lockbox Returns or Straddle Returns (the “Pre-Tax Lockbox Date Liability”).

• On November 27, 2018, CPLP and DSS LP entered into the Transaction Agreement pursuant to which Diamond S received, via contribution from CPLP, CPLP’s crude and product tankers and associated inventories, $10 million in cash plus the amount of charter hire received in advance but not yet earned and net payments received from the Lockbox Date with specific arrangements relating to the funding of working capital, and such assets were combined with DSS LP’s business and operations.

• As promptly as practicable but in no event later than five Business Days following the Lockbox Date, Citadel will, at its expense, prepare and submit to Dispatch a statement, certified by the chief executive or financial officer of the Citadel GP, setting forth Citadel’s calculation of Adjusted SpinCo Working Capital, including SpinCo Inventory, Cash on SpinCo Vessels and advances for Eligible Ballast Water Treatment Systems and Scrubbers (the “Adjusted SpinCo Working Capital Statement”).

More Definitions of Lockbox Date

Lockbox Date has the meaning set forth in Section 4.01(c).

Lockbox Date means December 31, 2021. “Lockbox Period” means the period from (but excluding) the Lockbox Date through (and including) the Closing Date. “Material Adverse Effect” means a material adverse effect upon the financial condition, business, or results of operations of the Companies or their Subsidiaries, taken as a whole (after taking into account any coverage in respect thereof under existing insurance policies); provided, however, that none of the following (or the results thereof) shall be taken into account, either alone or in combination, in determining whether a Material Adverse Effect has occurred: (a) changes to general economic, banking, currency or capital market conditions, (b) any political conditions, including political instability or other calamity, crisis or emergency, acts of war, declared or undeclared, outbreaks or escalations of hostilities, or acts or threats of terrorism, ( c) changes in IFRS or similar accounting standards, (d) changes in any Laws including the interpretation or enforcement thereof, (e) any change, effect, fact, event, development, occurrence and/or condition that is generally applicable to the industries or markets in which the Companies operate, (f) the execution or performance of this Agreement, the consummation of the Transactions or the announcement of the Transactions (including by reason of the identity of Buyer) or any communication by Buyer or any of its Affiliates regarding their respective plans or intentions with respect to the business of the Companies, and including the impact thereof on relationships with customers, vendors, partners or employees, (g) any failure by the Companies to meet any internal or published projections, forecasts or revenue or earnings predictions for any period ending on or after the date of this Agreement (provided, however, that the underlying causes of such failure (subject to the other provisions of this definition) shall not be excluded by this clause (g)), (h) any action or omission pursuant to this Agreement or at the request of or with the prior written consent of Buyer or not taken because Buyer did not grant a consent hereunder, (i) hurricanes, earthquakes, storms, floods or other natural disasters, epidemics, pandemics, other outbreak s of illness (including COVID-19 and any COVID-19 Measures and all other actions taken in connection with, related to, or in respect of COVID-19 and/or resulting therefrom) or acts of God or (j) any matter involving the Companies which has b...

Lockbox Date means April 30, 2016.

Lockbox Date means March 31, 2021.

Lockbox Date means September 30, 2019.

Lockbox Date has the meaning set forth in Section 2.11.

Lockbox Date means October 1, 2022.