Stabilisation Period definition
Examples of Stabilisation Period in a sentence
The amount of any reduction will apply equally to all RateSetter investors entitled to protection from the Provision Fund as at the date the Stabilisation Period is entered into, and will be paid in full into the Provision Fund.
The Overallotment Option shall be exercisable once, in whole or in part, by notice in writing to the Selling Shareholder at any time on or before the Stabilisation Period End Date and, to the extent not exercised, may be terminated by the Joint Global Coordinators (on behalf of the Managers) at any time.
On or before the Stabilisation Period End Date and to the extent permitted by applicable laws and regulations, the Stabilisation Manager or its agents or delegates shall be authorised (but shall not be obliged) to engage in stabilisation activities (“Stabilisation Transactions”), provided that any overallotment shall not exceed 10 per cent.
The size of the long position, and the time period for which the Lead Manager will maintain such a position during the Stabilisation Period, are at the sole discretion of the Lead Manager and is uncertain.
When the borrower pays that interest (which could be during or after the Stabilisation Period), 70p will automatically be deducted from the payment due to you (10 x 7p) and paid into the Provision Fund.
When the borrower next makes a payment of capital (whether or not that is during the Stabilisation Period), £10 of the payment will be automatically deducted and paid into the Provision Fund.
A Stabilisation Period of 3 (three) months from the date of Agreement shall be provided to the Service Provider allowing for streamlining of the services aimed at receiving segregated wet and sanitary waste only through daily field monitoring to achieve the goal of segregated wet and sanitary waste collection and 100% geographic coverage.
The Stabilisation Period is expected to expire on 7 January 2007, and that after this date, when no further stabilising action may be taken, demand for the Shares, and therefore its price, could fall.
The Stabilising Manager agrees that at no time will the cumulative aggregate number of Shares which it has, on or before the Stabilisation Period End Date, acquired or agreed to acquire in Stabilisation Transactions less the cumulative aggregate number of Shares which it has disposed of or agreed to dispose of in Stabilisation Transactions exceed [15]10 per cent.
During the Stabilisation Period, as detailed below, the Lead Manager as stabilising manager or any person acting for it, may offer or agree to purchase, or purchase, the Shares for the sole purpose of preventing or minimising any reduction in the market price of the Shares, which will be effected in compliance with all applicable laws and regulatory requirements, including the Securities and Futures (Price Stabilising) Rules made under the SFO.