Takedown Period definition

Takedown Period means the period commencing on the Initial Closing Date and ending upon the first to occur of: (a) the date on which the Remaining Commitment of the Investor is zero dollars; (b) the occurrence of a Change of Control; (c) the termination of this Agreement in accordance with Article VIII; (d) the occurrence of an Insolvency Event, or (e) the fifth anniversary of the Initial Closing.
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Takedown Period means the earlier of: (i) the fifth anniversary of the Effective Date, or such later date set by the Board in its sole discretion, (ii) the funding of each Member’s Remaining Commitment or (iii) the consummation of a Qualified Public Offering.
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Takedown Period means the period from the Effective Date until the earlier of (a) the third (3rd) anniversary of the Effective Date, or such later date set by the Board (and approved by Fortis Operating); (b) the date on which EnCap’s Remaining Commitments are zero dollars ($0.00); (c) the consummation of an Exit Event; or (d) the Bankruptcy of the Company.
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Examples of Takedown Period in a sentence

  • No event that would cause the termination of the Takedown Period shall have occurred.

  • During the Takedown Period, Investor shall purchase from the Company Series AA-1 Preferred Stock at the Series AA-1 Price at one or more Subsequent Closings at such times and in such amounts as set forth on Annex C.

  • Subject to the terms hereof, on and after the ---------------- Effective Date Bank will advance Debtor the sum of up to Two Million Five Hundred Thousand Dollars ($2,500,000.00), which shall be used to finance the purchase of computers and software for the CRO Division, as follows: until the First Takedown Period, in an amount up to One Million Five Hundred Thousand Dollars ($1,500,000.00) and until December 29, 1997 in an amount up to One Million Dollars ($1,000,000.00).

  • Commencing on the first day of the month immediately following the expiration of the Takedown Period, and on the first day of each calendar month thereafter, Debtor shall pay to Bank forty-eight (48) equal monthly installments of principal together with all unpaid interest as it shall have accrued on the Non- Revolving Equipment Loan amortized over such forty-eight (48) months.

  • UNOCI and Licorne forces referred reported cases of criminality to the authorities on both sides of the zone.

  • The owner of the vehicle shall be responsible for compensation payable arising out of accident / payment to third party, if involved.

  • Subject to the terms hereof, on and after the --------------- Effective Date until the close of business on September 26, 1997 (the "First Takedown Period"), Bank will advance Debtor the sum of up to Three Million Dollars ($3,000,000.00), which shall be used to finance the leasehold improvements made to that certain building located at 000 Xxxxxxxx Xxxxx, Xxxx Xxxxxxxxxx, Xxxxxxxxxxxx leased to Pharmaceutics (the "First Term Loan").

  • Commencing on the first day of the month immediately following the expiration of the Takedown Period, and on the first day of each calendar month thereafter, Debtor shall pay to Bank forty- eight (48) equal monthly installments of principal together with all unpaid interest as it shall have accrued on the Non-Revolving Equipment Loan amortized over such forty-eight (48) months.

  • During the Takedown Period, Lender shall use best efforts to identify and obtain additional sources of funding in the amount of an additional $5,000,000 for Borrower, the terms of which funding shall be acceptable to Borrower.

  • Pursuant to a plan approved in writing by Parks, Permittee, at its sole cost and expense, shall be responsible for all security at the Premises and provide a 24 hour-a-day security system, from the beginning of each Setup Period continuously through the end of the subsequent Takedown Period, including the entire Operating Season.


More Definitions of Takedown Period

Takedown Period. All Equipment Schedules shall takedown prior to March 31, 1998. Maintenance, Taxes, and Insurance: For the account of the Lessee.
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Takedown Period means any time during the period from December 11, 2002 to February 7, 2004, or during any extension of such period by Lender (which extension shall not incur additional cost to Borrower), during which no material adverse change in the financial condition of Borrower has occurred.
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Related to Takedown Period

  • Registration Period shall have the meaning specified in Section 5(C), below.

  • Initial Offering Period means the initial period during which a Series of the Trust will offer its Shares prior to the commencement of investment operations of such Series;

  • Shelf Period has the meaning set forth in Section 2.02(b).

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7 a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • Run-out Period means a period after the close of a Plan Year or other period during which Participants in a flexible spending arrangement (FSA) may request reimbursement for expenses incurred during the Period of Coverage.

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • Initial Required Registration Amount means (I) the sum of (i) the number of Common Shares and (ii) the maximum number of Warrant Shares issued and issuable pursuant to the Warrants, without regard to any limitations on exercise of the Warrants or (II) such other amount as may be permitted by the staff of the SEC pursuant to Rule 415.

  • Opt-Out Period means the period that begins the day after the earliest date on which the Notice is first mailed, and that ends no later than 30 days before the Final Approval Hearing. The deadline for the Opt-Out Period will be specified in the Notice.

  • Off-Peak Period means the period during which the demand on an electric utility system is not at or near its maximum. For the purpose of this section, the off-peak period includes all hours that are not in the peak period.

  • Registration Deadline means, for purposes of the Registration Statement required pursuant to Section 2(a)(i), the earlier of (i) the date that is seventy-five (75) days after the date that the applicable Registration Statement is actually filed or (ii) the date that is seventy-five (75) days after the applicable Filing Deadline and, with respect to any Registration Statement required pursuant to Section 2(a)(ii), the Additional Registration Deadline.

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination and (B) subsequent to the Business Combination, (x) if the closing price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

  • Shelf Takedown Notice shall have the meaning given in subsection 2.1.3.

  • Lock-up Period means the period beginning on the date hereof and continuing through the close of trading on the date that is 90 days after the date of the Prospectus (as defined in the Underwriting Agreement).

  • ROFO Period is defined in Section 6.1(a).

  • Offering Commencement Date means the first day of each Offering Period.

  • Resale Period shall have the meaning assigned thereto in Section 2(a) hereof.

  • Application Period means the months beginning with the month in which the application is considered to be filed, through and including the month in which an eligibility determination is made.

  • Lockup Period has the meaning set forth in Section 2.4(d)(i).

  • Nomination Period means a period of time that Customer includes in a nomination for gas service.

  • Shelf Takedown means an Underwritten Shelf Takedown or any proposed transfer or sale using a Registration Statement, including a Piggyback Registration.

  • Demand Date means, with respect to a transfer by a party:

  • Registration Notice has the meaning specified in Section 2.1(a).

  • Required Notice Period means the number of days required notice set forth below applicable to the Aggregate Reduction indicated below: Aggregate Reduction Required Notice Period £$100,000,000 two Business Days >$100,000,000 to $250,000,000 five Business Days ³$250,000,000 ten Business Days

  • Election Period shall have the meaning set forth in Section 14.3(a).

  • PAGA Period means the period from June 25, 2020 through December 31, 2022.