Transfer Restriction Period definition

Transfer Restriction Period means, (i) with respect to each Investor other than Nortel Networks Inc., the period of time commencing on the date of this Agreement and ending upon the first anniversary of the date of this Agreement, and (ii) with respect to Nortel Networks Inc., the period of time commencing on the date of this Agreement and ending on February 28, 2003.

Transfer Restriction Period shall have the meaning set forth in SECTION 17.18.

Transfer Restriction Period means, with respect to the Sub-advisor, the Offering Period plus 12 months, and with respect to the Advisor, the Offering Period plus six months.

Examples of Transfer Restriction Period in a sentence

• In no event shall a Risk Retention Certificate be held as a Global Certificate during the RR Interest Transfer Restriction Period.

• The same shall apply, with respect to shares resulting from consolidation, if the Corporation conducts a share consolidation in relation to the shares of common stock of the Corporation during the Transfer Restriction Period.

• During the Transfer Restriction Period, if, due to the Qualified Person’s holding of the Shares, the Qualified Person acquires shares of the Corporation for no consideration or the number of shares held by the Qualified Person increases (including the case where, during the Transfer Restriction Period, the Corporation conducts a stock split or a free share distribution in relation to the shares of common stock of the Corporation), the provisions of this Agreement shall also apply to such shares.

• The Qualified Person may exercise voting rights pertaining to the Shares and has the right to receive dividends of surplus pertaining to the Shares at all times, including during the Transfer Restriction Period.

• In no event shall a Class VRR Certificate be held as a Global Certificate during the VRR Interest Transfer Restriction Period.

More Definitions of Transfer Restriction Period

Transfer Restriction Period. The period from the Closing Date to the earliest of (i) the date that is the latest of: (A) the date on which the total unpaid principal balance of the Mortgage Loan has been reduced to 33% of the total unpaid principal balance of the Mortgage Loan as of the Cut-off Date; (B) the date on which the total outstanding Certificate Balance of the Certificates has been reduced to 33% of the total outstanding Certificate Balance of the Certificates as of the Closing Date; or (C) two years after the Closing Date, (ii) the date on which the Mortgage Loan has been defeased in accordance with the risk retention requirements set forth in §244.7(b)(8)(i) of the Credit Risk Retention Rules, or (iii) the date on which the Credit Risk Retention Rules have been (x) officially abolished or (y) subject to consent of the Retaining Sponsor (such consent may only be withheld to the extent the Retaining Sponsor (i) reasonably 55 determines that the Rule applies to the Securitization or the Required Third Party Purchaser Retention Amount, (ii) provides to the Third Party Purchaser the Retaining Sponsor’s basis for the withheld consent, and (iii) gives the Third Party Purchaser a reasonable opportunity to address the Retaining Sponsor’s concerns), officially determined by the relevant regulatory agencies to be no longer applicable to the transaction or the Class HRR Certificates; provided that the termination of the Transfer Restriction Period shall not be effective without the written consent of the Retaining Sponsor.

Transfer Restriction Period means the period of time during which a Stock Award will remain subject to the transfer restrictions set forth in Section 4.05 of the Plan.

Transfer Restriction Period means the period commencing on the date which is thirty (30) days prior to any Securitization and ending on the date which is thirty (30) days following such Securitization.

Transfer Restriction Period has the meaning set forth in Section 3.1(a).

Transfer Restriction Period means the period beginning on the date hereof and ending on the earliest to occur of (i) an initial public offering by the Company of at least 25% of the outstanding Shares or that results in gross proceeds to the Company of at least $100 million, (ii) the occurrence of a Change in Control or (iii) the Lapse Date.

Transfer Restriction Period means the period beginning on the date hereof and ending on the earlier of (a) a Control Event and (b) the three-year anniversary of the Initial Public Offering.

Transfer Restriction Period means the “Transfer Restriction Period” as defined in the Stockholders Agreement.