Unrestricted Period definition

Unrestricted Period means a period when Sponsor or a PlayStudios Holder is permitted to transfer at least some of its Registrable Securities to a third party for cash without restriction under the Sponsor Agreement, Company Bylaws or otherwise.

Unrestricted Period means any period of time that is not a Restricted Period.

Unrestricted Period has the meaning set forth in Section 3.4.

Examples of Unrestricted Period in a sentence

• In the event the Seller does not consummate the sale of the Offered Shares during the ROFO Unrestricted Period, the Company’s right of first offer and the Major Investors’ rights of first offer and Co-Sale Rights shall again become effective, and no transfer of such Offered Shares may be made thereafter by such Seller without again offering the same to the Company and the Major Investors in accordance with this Section 3.1.

• Notwithstanding anything to the contrary contained in this Section 1.07, during the Specified Unrestricted Period, each of the Xxxxxxx Entities shall be classified as an Unrestricted Subsidiary without further action (and for the avoidance of doubt, without compliance with the requirements under Section 1.07(b)).

• If such Transfer does not occur within the Unrestricted Period, Xxxx will thereafter remain subject to the restrictions contained in this Article III with respect to such ROFO Project (and direct and indirect Equity Interests therein).

• Xxxx shall deliver a ROFO Offer to the REIT prior to engaging in any negotiation regarding any proposed Transfer of any ROFO Project (or any portion thereof) to any Third Party (other than, for avoidance of doubt, Xxxx Affiliates), unless such negotiation occurs during an Unrestricted Period.

• If the Company fails to pay the additional damages set forth in this Section within five (5) business days following the date required for payment, then such payment shall bear interest at the rate of 2% per month (pro rated for partial months) until such payments are made; provided, that, the Company shall not be required to pay such amounts in cash during the Unrestricted Period but such amounts shall be payable on fifth business day following the subsequent Unrestricted Period.

More Definitions of Unrestricted Period

Unrestricted Period shall have the meaning set forth in Section 5.2(d). “Using Member” shall have the meaning set forth in Section 9.10(a). “Vendor” shall have the meaning set forth in Section 6.15(b).

Unrestricted Period shall have the meaning set forth in Section 4(f).

Unrestricted Period means any period of one or more days in which both (i) the aggregate gross cash proceeds received by the Borrower and its Subsidiaries from all Asset Sales made by the Borrower and its Subsidiaries on or after the Amendment No. 4 Effective Date and on or prior to such day (excluding all proceeds received from Assets Sales of the facilities and related assets, stock or any combination thereof pertaining to the Matrix Entities) equals or exceeds $175,000,000 and (ii) the Adjusted Leverage Ratio as of the last day of the two most recent fiscal quarters for which financial statements have been, or are required to have been, delivered pursuant to Sections 5.01(a) and (b) did not exceed 5.0 to 1.0.

Unrestricted Period means each and every period other than a Restricted Period.

Unrestricted Period. 2.3 “Value Added Tax” 3.11(b)

Unrestricted Period means, with respect to any Fiscal Quarter, SCUSA purchased at least 70% of Qualifying Offered Contracts originated during the prior Fiscal Quarter. For clarification purposes only, there is no Pricing Threshold with respect to the Unrestricted Period.

Unrestricted Period means each period during which (a) the Loans are rated at least BB and Ba2 by S&P and Xxxxx’x, respectively, and (b) at least one such rating is BB+ or Ba1 or higher; provided that if the Loans are rated by neither S&P nor Xxxxx’x, then “Unrestricted Period” shall mean each period during which Consolidated Tangible Net Worth is greater than $680,000,000.