Examples of RoU Trigger Date in a sentence
As at 30 September 2021 and 31 December 2020, the subsidiaries, which are engaged in hire purchases and financial leases businesses, have hire purchase and financial lease receivables.
Either party must notify the other that a Restriction of Use is a Type 2 Restriction of Use or a Type 3 Restriction of Use and that the circumstances in paragraph 2.6(b) or 2.7(b) (as applicable) apply within [56] days of the RoU Trigger Date.
Either party wishing to make a request pursuant to Clause 2.6(b) or Clause 2.7(b) must notify the other that a Restriction of Use is a Type 2 Restriction of Use or a Type 3 Restriction of Use and that the circumstances in paragraph 2.6(b) or 2.7(b) (as applicable) apply within 56 days of the RoU Trigger Date relating to the Period in which that Restriction of Use commences.
Paragraph 2.8 (a) of Schedule 4 states that the person making a request pursuant to Clause 2.6(b) or Clause 2.7(b) must notify the other that a Restriction of Use is a Type 2 Restriction of Use or a Type 3 Restriction of Use and that the circumstances in paragraph 2.6(b) or 2.7(b) (as applicable) apply within 56 days of the RoU Trigger Date relating to the Period in which that Restriction of Use commences.
We would welcome clarification of the meaning of the definition of RoU Trigger Date (b) in Schedule 4.