Post-Closing Transition Period definition

Post-Closing Transition Period has the meaning set forth in Section 6.05(a).
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Post-Closing Transition Period means the period from the Closing Date to the date that is 6 months after the Closing Date, provided that the Concessionaire may terminate the Post- Closing Transition Period earlier on written notice to the University.
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Post-Closing Transition Period means the period from the Closing Date to the date that is 9 months after the Closing Date, provided that the Concessionaire may terminate the Post- Closing Transition Period earlier on written notice to the University.
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Examples of Post-Closing Transition Period in a sentence

  • If Busey Bank terminates Employee’s employment prior to the end of the Post-Closing Transition Period, Busey Bank shall pay the Retention Bonus if the termination is other than for disciplinary or unsatisfactory performance reasons in accordance with the provisions of First Busey’s personnel manual.

  • Subject to receipt of the Release, Busey Bank shall pay to Employee the Retention Bonus described in this Section 3 at the next regularly scheduled Busey Bank payday administratively feasible following the Effective Date of the Release (as defined in the Release); provided, however, that if the end of the Post-Closing Transition Period occurs on or after November 1, 2016, then the Retention Bonus shall be paid on the first Busey Bank payday following January 1, 2017.

  • The Pre-Closing Transition Period and the Post-Closing Transition Period are collectively referred to herein as the “Transition Periods”).

  • Buyer shall maintain the employment of any such employees actually employed by Buyer for the duration of the Post-Closing Transition Period, provided, however, that Buyer may terminate the employment of any such employee for cause.

  • After the Post-Closing Transition Period, at the Buyer’s sole and absolute discretion, Buyer intends to offer employment, on an “at will” basis, to the Chief Operating Officer of the Seller (with the position of “Regional Director”) and certain business development and franchise sales personnel designated by the Buyer at its sole discretion (collectively, the “Designated Employees”).

  • After the Post-Closing Transition Period, at the Buyer’s sole and absolute discretion, Buyer may offer employment, on an “at will” basis, to personnel of Seller as designated by Buyer at its sole discretion.

  • Busey Bank shall pay to Employee $35,000 (the “Retention Bonus”) contingent upon Employee continuing to work for Pulaski Bank and/or Busey Bank until the end of the Post-Closing Transition Period and executing and not revoking the Release and Waiver Agreement attached as Exhibit A (the “Release”).

  • If Busey Bank terminates Executive’s employment prior to the end of the Post-Closing Transition Period, Busey Bank shall pay the Retention Bonus if the termination is other than for Cause (as defined below).

  • Busey Bank shall pay to Employee $20,000 (the “Retention Bonus”) contingent upon Employee continuing to work for Pulaski Bank and/or Busey Bank until the end of the Post-Closing Transition Period and executing and not revoking the Release and Waiver Agreement attached as Exhibit A (the “Release”).

  • Subject to receipt of the Release, Busey Bank shall pay to Executive the Retention Bonus described in this Section 3 at the next regularly scheduled Busey Bank payday administratively feasible following the Effective Date of the Release (as defined in the Release); provided, however, that if the end of the Post-Closing Transition Period occurs on or after November 1, 2016, then the Retention Bonus shall be paid on the first Busey Bank payday following January 1, 2017.


More Definitions of Post-Closing Transition Period

Post-Closing Transition Period has the meaning set forth in §5(b) below.
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Post-Closing Transition Period means the period commencing immediately following Closing and terminating on the Transition Completion Date.
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Post-Closing Transition Period has the meaning specified in Section 7.23(f).
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Related to Post-Closing Transition Period

  • Post-Closing Period means any taxable period or portion thereof beginning after the Closing Date. If a taxable period begins on or before the Closing Date and ends after the Closing Date, then the portion of the taxable period that begins on the day following the Closing Date shall constitute a Post-Closing Period.

  • Contract Transition Period means the 90 day transition as defined in Section F of this Contract.

  • Allowance transfer deadline means midnight of January 30 or, if January 30 is not a business day, midnight of the first business day thereafter and is the deadline by which allowances may be submitted for recordation in an affected unit’s compliance subaccount for the purposes of meeting the unit’s acid rain emissions limitation requirements for sulfur dioxide for the previous calendar year.

  • Start-up Period means up to 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age range of the Academy will have some pupils present).

  • Pre-Closing Period means any Tax period ending on or before the Closing Date.

  • Post-Closing Straddle Period means the portion of a Straddle Period beginning the day after the Closing Date.

  • Pre-Closing Taxable Period means any Taxable period ending on or prior to the Closing 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.

  • 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).

  • Post-Acquisition Period means, with respect to any Permitted Acquisition, the period beginning on the date such Permitted Acquisition is consummated and ending on the last day of the sixth full consecutive fiscal quarter immediately following the date on which such Permitted Acquisition is consummated.

  • 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.

  • 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).

  • Post-Transaction Period means, with respect to any Specified Transaction, the period beginning on the date such Specified Transaction is consummated and ending on the last day of the eighth full consecutive fiscal quarter immediately following the date on which such Specified Transaction is consummated.

  • Pre-Closing Straddle Period means the portion of a Straddle Period ending on the Closing Date.

  • Transition Period means the period beginning with the Registration Date and ending as of the earlier of: (i) the date of the first annual meeting of stockholders of the Company at which directors are to be elected that occurs after the close of the third calendar year following the calendar year in which the Registration Date occurs; and (ii) the expiration of the “reliance period” under Treasury Regulation Section 1.162-27(f)(2).

  • Post-Closing Tax Period means any taxable period beginning after the Closing Date and, with respect to any Straddle Period, the portion of such Straddle Period beginning after the Closing Date.

  • Anticipated Closing Date shall have the meaning set forth in Section 1.6(a).

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

  • Closing Period means the period between the close of business on the date of this Agreement and the Closing.

  • Employee Transfer Date means in respect of any particular Transferring Employee the date on which the part of the Services to which they are assigned transfers from the Previous Contractor to the Contractor;

  • Pre-Distribution Period means any Tax Period ending on or before the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period ending on the Distribution Date.

  • Assumed Final Distribution Date The Distribution Date occurring in November 2035.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

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

  • Pre-Closing Tax Period means any Tax period ending on or before the Closing Date.