Permitted Time Period definition
Permitted Time Period means the longer of (i) if applicable, the period of time commencing on the date of the Restricted Portion Notice and ending on the last day of the time period which equals to half of the time period within which Chaview or Aegis, as applicable, is required by the Law in question to cease holding the Restricted Portion, and (ii) sixty (60) days from the date of the Restricted Portion Notice.
Examples of Permitted Time Period in a sentence
The Company may at any time during the Permitted Time Period (as defined below) identify one or more purchasers that are willing and able to acquire the Restricted Portion from Chaview or Aegis, as applicable, on terms (including as to price) not less favorable than those indicated by Chaview or Aegis, as applicable.