Swap Date, definition
Examples of Swap Date, in a sentence
At the record date for Party B’s shareholders to exercise their rights to swap their shares for Party A’s shares ("Swap Date"), Party A shall proceed to allocate shares to the shareholders of Party B based on the swap ratio stipulated in Article 4 of this Agreement according to the List of Entitled Shareholder.
All such Required Governmental Approvals and other consents, substitutions and approvals that have been obtained by either Party shall be in writing and executed counterparts thereof shall be delivered to the other Party at or prior to the Closing (with respect to the Purchased Assets), the applicable Tower Return Date (with respect to any Returned Tower Assets) or the Tower Swap Date (with respect to any Swapped-in Tower Assets and Swapped-out Tower Assets), as applicable.
The term of the Lease for the Suite 110 Premises shall commence on the Swap Date and expire on the last day of the Extension Lease Term (as defined in the Eight Amendment).
In the event that, as of the Letter of Credit Swap Date, there are outstanding Certificates of Instruction, the Escrow Agreement shall remain in effect until all amounts in the Escrow Account have been released by the Escrow Agent in accordance with the Escrow Agreement.
Effective as of the Swap Date, Suite 130 is released from the Lease and upon the Swap Date and thereafter Suite 130 shall not be part of the Premises.
Any failure by Tenant to timely surrender and vacate the Surrendered Space to Landlord on or before the Swap Date shall constitute a holdover as to which the provisions of Section 8.01 of the Lease shall apply as though such Section referred solely to the Surrendered Space.
Notwithstanding anything to the contrary in this MLA, each SLA with respect to a Site that becomes a Returned Tower or a Swapped-out Tower pursuant to the terms of the Asset Purchase Agreement shall automatically terminate with effect from the applicable Tower Return Date (in the case of a Returned Tower) or Tower Swap Date (in the case of a Swapped-out Tower).
The Borrower will, after the Required Swap Date, have and maintain the Required Swap Agreements.
Centrex Four shall pay interest on the outstanding principal amount of all Warehouse Fundings at a rate per annum equal to the Warehouse Interest Rate, calculated on the basis of a year of 360 days for the actual number of days elapsed, except that from and after the first Distribution Date following the Warehouse Interest Swap Date, such interest shall be calculated for each Distribution Period on the basis of a year of twelve 30-day months.
The Tower Swap Closing will take place at the offices of Hadiputranto, Hadinoto & Partners at 10:00 a.m. Jakarta time on the Tower Swap Date, or at such other time and place as shall be mutually agreed by the Parties.