unreasonable delay definition
Examples of unreasonable delay in a sentence
WITHOUT UNREASONABLE DELAY, THE COMPANY SHALL PREPARE AND THE TRUSTEE SHALL AUTHENTICATE DEFINITIVE NOTES IN EXCHANGE FOR TEMPORARY NOTES.
FOR ALCOHOL TESTS, "UNREASONABLE DELAY" MEANS TWENTY (20) MINUTES OR MORE; FOR DRUG TESTS, "UNREASONABLE DELAY" MEANS TWO (2) HOURS.
IN THE EVENT THE COMPANY RESTRICTS OR DELAYS THE TRANSFER OR CLEARANCE OF SUCH CERTIFICATES BY ▇▇▇▇▇▇ OR HIS DESIGNEE (WHETHER BY STOP TRANSFER ORDER, UNREASONABLE DELAY OR OTHERWISE), THE COMPANY SHALL PAY TO ▇▇▇▇▇▇ OR HIS DESIGNEE THE DELAY DAMAGES FOR EACH BUSINESS DAY OF SUCH RESTRICTION OR DELAY.
IF TEMPORARY WARRANT CERTIFICATES ARE ISSUED, THE COMPANY WILL CAUSE DEFINITIVE WARRANT CERTIFICATES TO BE PREPARED WITHOUT UNREASONABLE DELAY.
IF TEMPORARY RECEIPTS ARE ISSUED, THE COMPANY AND THE DEPOSITARY WILL CAUSE DEFINITIVE RECEIPTS TO BE PREPARED WITHOUT UNREASONABLE DELAY; PROVIDED THAT IF SUCH TEMPORARY RECEIPTS ARE GLOBAL RECEIPTS HELD BY A DEPOSITARY FOR A CLEARING SYSTEM, DEFINITIVE RECEIPTS NEED NOT BE PREPARED UNTIL THE RECEIPTS CEASE TO BE SO HELD.
ANY UNREASONABLE DELAY MAY RESULT IN THE ASSESSMENT OF ADDITIONAL FEES.