Proposed Payment Date definition
Examples of Proposed Payment Date in a sentence
The Calculation Agent shall promptly (and in any event, not later than two (2) Business Days after receiving a Proposed Payment Date Report) either consent to such Proposed Payment Date Report or incorporate changes thereto after consultation with the Portfolio Asset Servicer (such Proposed Payment Date Report as consented to or changed by the Calculation Agent, and as acknowledged by the Calculation Agent in writing, a “Payment Date Report”).
A Purchaser may accept the offer to prepay made pursuant to this Section 9.6 by causing notice of such acceptance to be delivered to CanArgo Energy Corporation at least 15 days prior to the Proposed Payment Date.
The Cash Bonus shall only be paid to the extent the Company’s Chief Financial Officer has determined, as of a date within 10 business days of the date the Cash Bonus is to be paid (the “Proposed Payment Date”), that the Current Ratio, after paying the Cash Bonus, and any other cash bonuses awarded by the Compensation Committee and/or the Board of Directors of the Company, which are unpaid as of such Proposed Payment Date, will be equal to at least 1.0 (the “Payment Date Current Ratio”).
The Calculation Agent shall promptly (and in any event, not later than two (2) Business Days after receiving a Proposed Payment Date Report) either consent to such Proposed Payment Date Report or incorporate changes thereto after consultation with the Portfolio Asset Servicer (such Proposed Payment Date Report as consented to or changed by the Calculation Agent, and as acknowledged by the Calculation Agent in writing, a "Payment Date Report").
A Purchaser may accept the offer to prepay made pursuant to this Section 10.6 by causing notice of such acceptance to be delivered to the Company at least 15 days prior to the Proposed Payment Date.
A Purchaser may accept the offer to prepay made pursuant to this Section 9.6 by causing notice of such acceptance to be delivered to the Company at least 15 days prior to the Proposed Payment Date.
The Cash Bonus shall only be paid to the extent the Company’s Principal Accounting Officer has determined, as of a date within 10 business days of the date the Cash Bonus is to be paid (the “Proposed Payment Date”), that the Current Ratio, after paying the Cash Bonus, and any other cash bonuses awarded by the Compensation Committee and/or the Board of Directors of the Company, which are unpaid as of such Proposed Payment Date, will be equal to at least 1.0 (the “Payment Date Current Ratio”).
The Borrower shall deliver written notice to the Administrative Agent not less than five (5) Business Days prior to any date other than a Scheduled Payment Date on which it proposes to make a Restricted Junior Payment, such notice to be accompanied by a pro forma Borrowing Base Certificate and LTV Certificate, and a Proposed Payment Date Report with respect to the proposed Inter-Period Payment Date on which such Restricted Junior Payment is to be made.
The Cash Bonus shall only be paid to the extent the Company’s Chief Financial Officer has determined, as of a date within 10 business days of the date the Cash Bonus is to be paid (the “Proposed Payment Date”), that the Current Ratio, after paying the Cash Bonus, and any other cash bonuses awarded by the Compensation Committee, which are unpaid as of such Proposed Payment Date, will be equal to at least 1.0 (the “Payment Date Current Ratio”).
The Facility Servicer shall promptly (and, in any event, not later than two (2) Business Days after receiving a Proposed Payment Date Report) either consent to such Proposed Payment Date Report or incorporate changes thereto after consultation with the Borrower (such Proposed Payment Date Report as consented to or changed by the Facility Servicer, and as acknowledged by the Facility Servicer in writing, a “Payment Date Report”).