Examples of Long Stop Date in a sentence
If the above conditions precedent are not satisfied by the Long Stop Date, the Settlement Agreement shall be automatically terminated with immediate effect.Completion Completion of the Debt Capitalisation shall take place within seven Business Days after the date on which the last conditions precedent is satisfied, or at such other date, time and venue as the parties may agree in writing.
The remaining Conditions cannot be waived.If any of the Conditions shall not have been fulfilled (or waived) by the Long Stop Date and in respect of Condition (d) above by the Completion Date, the SP Agreement shall terminate and cease to have effect (save as certain clauses), in which case none of the parties to the SP Agreement shall have any claim against the other for costs, damages, compensation or otherwise (save in respect of any prior breach of the SP Agreement).