Second Round definition
Examples of Second Round in a sentence
The Second Round Contributing Credit Parties shall reimburse, to such Claiming Credit Parties, an aggregate amount equal to the total remaining Excess Payments of such Claiming Credit Parties; provided, however, that in no event shall the amount so paid by any Second Round Contributing Credit Party exceed the amount of its Net Worth (before giving effect to the contribution made by such party under this Section 1C).
Subject to the foregoing proviso, the amount so contributed by each Second Round Contributing Credit Party shall be equal to such total remaining Excess Payments multiplied by a fraction, the numerator of which is the Net Worth of such Second Round Contributing Credit Party, and the denominator of which is the aggregate Net Worth of all Second Round Contributing Credit Parties.
Each Second Round Offeree shall notify the Transferor, prior to the expiration of such offer, specifying the number of Aggregate Remaining Shares that such Offeree agrees to purchase.
If a Finalist does not respond to the notification attempt within three (3) business days from the first notification attempt, then the Finalist may be disqualified and an alternate potential Finalist will be selected from among qualifying Second Round entries based on the Judging Rubric described herein.
To the extent the Fund agrees to a shorter Round Trip, Second Round Trip, and/or Purchase Restriction Period with any other Intermediary, the Fund agrees to promptly notify GWFS, and send an amendment to this agreement reflecting the provisions more favorable to GWFS.
Following the acceptance by Oi of all subscriptions to purchase Offered Shares tendered during the First Round Leftover Subscription Period and Second Round Leftover Subscription Period as described above, each Investor shall subscribe to the number of Offered Shares equal to the total number of Unsubscribed Shares multiplied by the Investors’ Commitment Percentage at the Rights Offer Price.
No investigation by Buyer prior to or after the date of this Agreement shall diminish or obviate any of the representations, warranties, covenants or agreements of Sellers contained herein.
Such holder may accept either (a) its Ratable Portion of the net proceeds in respect of such Prepayment Transfer or (b) both its Ratable Portion and its Second Round Ratable Portion, in each case, of the net proceeds in respect of such Prepayment Transfer; provided, that failure to accept such offer in writing by the Prepayment Response Date shall be deemed to constitute a rejection of the Prepayment Offer.
The letter by IPA that makes the First Round Offer, the Second Round Offer, if necessary, or the Final Offer, if necessary, as the case may be.
The offer made by IPA pursuant to Section 33 of the Original Power Sales Contracts to each of the Original Purchasers to renew their Original Purchaser Entitlements and any offers of Orphan Original Purchaser Entitlements thereafter made by IPA to Committed Original Purchasers in accordance with the terms and provisions set forth in Section 26 of the Renewal Power Sales Contracts and consisting of the First Round Offer, the Second Round Offer, if necessary, and the Final Offer, if necessary.