Preference Expiration Date definition

Preference Expiration Date means the date which is ninety-one (91) days after the date the required Additional Enhancer Collateral is delivered to AEC Custodian pursuant to Section 8.22 of the Participation Agreement and the security interest of the Benefited Participants therein is duly perfected (as such date would be determined for purposes of the preference provisions of the United States bankruptcy laws).
Sample 1

Examples of Preference Expiration Date in a sentence

  • Class B Liquidation Preference: Upon a Liquidation, prior to the Liquidation Preference Expiration Date, subject to the payment or provision for payment of the debts and other liabilities of New Topco, each outstanding Class B Share will be entitled to receive, out of the remaining assets of New Topco available for distribution to its stockholders, an amount equal to $10.61 per Class B Share (the “Class B Liquidation Preference Amount”) before any distribution will be made to the holders of Class A Shares.

  • Failure to give such notice however, will not prevent the Preference Warrants from expiring and becoming void on the Preference Expiration Date.

  • The Company will give notice of expiration to then registered holders of Preference Warrants not less than 90 nor more than 120 days prior to the Preference Expiration Date.

  • Any Preference Warrant not exercised before 5:00 p.m., New York City time, on the Preference Expiration Date shall become void, and all rights of the holder under the Preference Warrant Certificate evidencing such Preference Warrant and under this Agreement shall cease.

  • Class B Automatic Conversion: On the Liquidation Preference Expiration Date, each outstanding Class B Share will automatically convert, without any further action required to be taken by New Topco or any shareholder, into one Class A Share (subject to anti-dilution adjustments) and the Class B Shares will no longer be outstanding.

  • At the earlier of (i) receipt by the management board of a written request of the relevant holder of class B ordinary shares with respect to the number of class B ordinary shares specified by such holder, (ii) acquisition by the Company of one or more class B ordinary shares or (iii) upon the Liquidation Preference Expiration Date with respect to each outstanding class B ordinary share, each such class B ordinary share will be converted into one (1) class A ordinary share.

  • The applicable date of expiration of a particular Preference Warrant is referred to herein as the "Preference Expiration Date" of such Preference Warrant.

  • In the event of a Liquidation prior to the Liquidation Preference Expiration Date, from the balance, if any, remaining after payment of all creditors of the Company, to the extent possible, an amount equal to the Class B Liquidation Preference, minus any amount distributed to the class B ordinary shares following a Deemed Liquidation, if any, will be distributed to each holder of class B ordinary shares with respect to each class B ordinary shares held.

  • The Nuclear Energy Management (NEM) School at the International Centre for TheoreticalPhysics (ICTP), Trieste, Italy, is an annual event to introduce young professionals from both developing and developed countries to the principles of effective nuclear energy programme management.

  • For a lexiconLL |= ([⌃, D], ⇢, $), we call any function that is [⌃ v, D] valu- ation, a valuation over .

Related to Preference Expiration Date

  • L/C Expiration Date means the day that is thirty days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Stated Expiration Date has the meaning specified in Section 3.05(d).

  • Lease Expiration Date means the later of (i) the date of the final payment in full of the Dutch Note and (ii) the Vehicle Lease Expiration Date for the last Lease Vehicle leased by the Lessee hereunder. The “Term” of this Agreement shall mean the period commencing on the Lease Commencement Date and ending on the Lease Expiration Date.

  • Initial Expiration Date shall have the meaning set forth in Section 1.1(d).

  • Final Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • Term Expiration Date means the earlier of (i) the date that is thirty (30) years after the Term Commencement Date; provided that if such date occurs within an NFL Season or within thirty (30) days following an NFL Season, such date shall be automatically extended to the date that is thirty (30) days following the end of such NFL Season, as applicable, or (ii) the date on which the Stadium Lease is terminated pursuant to the express rights and terms of the Stadium Lease.

  • Release Expiration Date means the date that is twenty-one (21) days following the date upon which the Company timely delivers to Executive the Release (which shall occur no later than seven (7) days after the Date of Termination), or in the event that such termination of employment is “in connection with an exit incentive or other employment termination program” (as such phrase is defined in the Age Discrimination in Employment Act of 1967, as amended), the date that is forty-five (45) days following such delivery date.

  • Warrant Expiration Date means 5:00 P.M. (New York time) on __________, 2001 or the Redemption Date as defined in Section 8, whichever is earlier; provided that if such date shall in the State of New York be a holiday or a day on which banks are authorized or required to close, then 5:00 P.M. (New York time) on the next following day which in the State of New York is not a holiday or a day on which banks are authorized or required to close. Upon notice to all warrantholders the Company shall have the right to extend the warrant expiration date.

  • Cure Expiration Date has the meaning set forth in Section 8.04(a).

  • License expiration date means June 30 of even-numbered years.

  • Offer Expiration Date has the meaning set forth in the definition of “Offer to Purchase.”

  • Option Expiration Date means the last day of the maximum term of an Option.

  • Commitment Expiration Date means the date on which IHCDA’s commitment under the Program expires.

  • Scheduled Expiration Date is defined in Schedule 1 to the Lease.

  • Fundamental Change Expiration Time shall have the meaning specified in Section 16.02(b)(ix).

  • Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

  • Revolving Credit Expiration Date means the earlier to occur of (a) August 12, 2000, as the same may be extended from time to time in the sole and absolute discretion of the Bank or (b) the date on which this Agreement is terminated pursuant to Section 3.03 hereof.

  • Stated Expiry Date is defined in Section 2.6.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.

  • Early Preference Share Valuation Date means the date specified as such in the relevant Early Preference Share Redemption Notice which shall fall not less than one day and not more than 180 days following the day such Early Preference Share Redemption Notice is given. The Early Preference Share Redemption Notice may provide that such date is subject to adjustment in accordance with certain disruption or adjustment events, as determined by the Calculation Agent.

  • Base Date means a date 30 day prior to the submission of tenders.

  • Letter of Credit Expiration Date means the day that is seven days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Class B Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Non-Disrupted Valuation Date means a Valuation Date which is not a "Disrupted Day". “Normal Exposure” means a +1x exposure to the Reference Asset.