Requirement Date definition
Examples of Requirement Date in a sentence
The earliest date on which the issuance of such shares contemplated by the immediately preceding sentence occurs shall constitute, with further notice from a Buyer, a "Meeting Requirement Date." The term "Meeting Date" means the date which is seventy-five (75) days after the Meeting Requirement Date.
Except as otherwise provided above, Adopter may not, after the Certification Requirement Date, sell or distribute a Licensed Product to the public, or cause a Licensed Product to be sold or distributed to the public, unless and until such Licensed Product is an Acknowledged Product or is a Licensed Content Product.
Borrower shall, no later than the Backup Servicer Requirement Date, contractually engage a third party to act as the liquidation agent for the Lenders following an Event of Default, which engagement shall be on terms reasonably acceptable to Lenders.
From and after the Liquidity Requirement Date, Guarantor shall, within forty-five (45) days after the end of each Quarterly Period (as that term is defined in the Loan Agreement), deliver to Lender statements evidencing, in a manner reasonably satisfactory to Lender, that Guarantor is in compliance with the Liquidity Requirement.
The Requirement Date shall be not less than 10 days after the date of the First Requirement Notice.
On or prior to the date each Reserve Report (other than the Initial Reserve Report) is required to be delivered by the Borrower pursuant to Section 8.11(a) (each, a “Minimum Hedging Requirement Date”), the Borrower shall deliver evidence in form and substance satisfactory to the Administrative Agent that it has entered into Hedge Agreements to be in compliance with this Section 8.17 as of such Minimum Hedging Requirement Date.
Notwithstanding anything contained in this Section 9.1(g) to the contrary, the foregoing requirements set forth in this Section 9.1(g) shall not apply with respect to any Minimum Hedging Requirement Date as of which, after giving effect to any Credit Event occurring on such date, both (i) the pro forma Consolidated Total Net Leverage Ratio as of such date is less than 0.50 to 1.00 and (ii) the Total Exposures as of such date is less than ten percent (10%).
In the event that the Company has not raised at least One Million Dollars ($1,000,000) in additional equity capital between the date of the First Closing and the date that is one hundred twenty (120) days after the date of the First Closing (the “Equity Requirement Date”), the Conversion Price shall automatically become $0.25 per share, effective the first Business Day after the Equity Requirement Date.
On the Certificate Requirement Date which is applicable to each of the first three calendar quarters of 1997, the Borrower shall pay to the Agent for the account of the Banks, PRO-RATA according to their respective Commitments on such Certificate Requirement Date, a quarterly excess leverage fee (the "QUARTERLY EXCESS LEVERAGE FEE").
If within thirty days of receipt by the Operator of an original FOC, the Operator submits an Order Request which apart from the Customer Requirement Date is identical to the Order Request, that gave rise to the original FOC, BT shall apply the same charges in its FOC as BT applied in its original FOC.