PR Period definition

PR Period means, with respect to the parties:

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PR Period means, with respect to the parties, one month or as otherwise agreed between the parties from time to time.

PR Period has the meaning given to that term in Section 4.2 of this Agreement.

Examples of PR Period in a sentence

• Within the PR Period, each Investor other than Shell may elect to purchase all or a portion of its Pro Rata Amount of the Remaining New Securities at the same price and on the same terms and conditions as indicated on the Offer Notice by notifying the Company in writing of the number or percentage of New Securities it intends to purchase.

• After the PR Period, the Company shall deliver an over-allotment notice to each Fully Exercising Investor to inform them of the aggregate number of Over-Allotment Issuance Shares that are available for over-allotment.

• If any Investor elects not to exercise its Preemptive Right or fails to exercise its Preemptive Right in full or fails to respond to the Company in writing within the PR Period, then the remaining New Securities unpurchased by the Investors in accordance with Sections 4.2 and 4.3 hereof (the “Over-Allotment Issuance Shares”) shall be made available to each Investor who has fully exercised its Preemptive Right (the “Fully Exercising Investor”) for over-allotment.

• From the date such notice is effectively delivered, such greater or lesser frequency will apply and the first following PR Due Date will be the earlier of the date agreed between the parties and the last Joint Business Day in the PR Period starting on the date on which the immediately preceding Data Reconciliation occurred or, in the absence of such agreement, the first Joint Business Day occurring on or immediately following the date such notice is effective.

• In no event shall the PR Period extend beyond the date that is forty-five (45) days after the Execution Date.

More Definitions of PR Period

PR Period means each period from (but excluding) a PR Deadline Date to (and including):

PR Period means, with respect to the Bank and the Specified Customer, each period agreed as such between the Bank and the Specified Customer pursuant to the Portfolio Reconciliation Requirements provided that, in the absence of such agreement, the PR Period will be: (a) if the Portfolio Reconciliation Requirements provide that the frequency at which Data Reconciliation may be conducted is daily, one Joint Business Day; (b) if the Portfolio Reconciliation Requirements provide that the frequency at which Data Reconciliation may be conducted is weekly, one calendar week; (c) if the Portfolio Reconciliation Requirements provide that the frequency at which Data Reconciliation may be conducted is quarterly, three calendar months; or (d) if the Portfolio Reconciliation Requirements provide that the frequency at which Data Reconciliation may be conducted is annually, one calendar year.

PR Period means, with respect to the parties: if the Portfolio Reconciliation Requirements require Data Reconciliation to occur each business day, one Joint Business Day; if the Portfolio Reconciliation Requirements require Data Reconciliation to occur once per week, one calendar week; if the Portfolio Reconciliation Requirements require Data Reconciliation to occur once per quarter, three calendar months; or if the Portfolio Reconciliation Requirements require Data Reconciliation to occur once per year, one calendar year.