Voluntary Administration Period definition

Voluntary Administration Period means the period of time commencing on the Appointment Date and concluding on the Effective Date;

Examples of Voluntary Administration Period in a sentence

• Each Owner and Lessor bound by the Deed acknowledges and agrees that: 11.1.1 the Voluntary Administrators have not, during the Voluntary Administration Period or prior to or as at the Effective Date, adopted, ratified or become liable to the Lessors under any Lease with the Lessors; 11.1.2 the Deed Administrators shall not adopt, ratify or become liable to the Lessors under any Lease with the Lessors; and 11.1.3 it shall use its best endeavours to mitigate any loss and damage suffered by it.