Operative Time. Notwithstanding the execution of this Supplemental Indenture on the date hereof, the Amendments shall not amend the Indenture and become operative unless and until the Company accepts for purchase all of the outstanding Notes validly tendered for purchase pursuant to the Offer and a majority in principal amount of the outstanding Notes tendered as of the date hereof have not been withdrawn (the date and the time of such acceptance being referred to herein as the “Operative Time”). At the Operative Time, the Amendments shall be deemed fully operative without any further notice or action on the part of the Company, the Trustee, Holder or any other Person. In the event that the Holders of a majority of the outstanding Notes have withdrawn their written consents to this Supplemental Indenture as provided in the Offer or the Offer is terminated or withdrawn, or any condition of the Offer and the consent solicitation is not satisfied or waived by the Company, this Supplemental Indenture shall be null and void.
Operative Time. Notwithstanding the execution of this Supplemental Indenture on the date hereof, the Amendments shall not amend the Indenture and become operative unless and until the Company accepts for purchase all of the outstanding Notes validly tendered for purchase pursuant to the Offer as of such date and a majority in principal amount at maturity of the outstanding Notes have been tendered as of the date hereof (the date and the time of such acceptance being referred to herein as the "Operative Time"). The Company will provide a written notice to the Trustee as soon as reasonably practicable after the determination of such Operative Time. At the Operative Time, the Amendments effected hereby shall be deemed fully operative without any further notice or action on the part of the Company, the Guarantors, the Trustee, the Holders or any other person. In the event that the Offer is terminated or withdrawn, or any condition of the Offer and the consent solicitation is not satisfied or waived by the Company, this Supplemental Indenture shall be null and void.
Operative Time. The period for which cover will be provided for under this Insurance is from the time the Insured Person leaves his home address to report for work with an Assured under the terms of the Offshore Diving Industry Agreement, anywhere in the world, during the whole time away and until return to home.
Operative Time. The Operative Time shown in the Schedule shall have the meanings as shown in the Definitions of Operative Times. Maximum Incident Limit The maximum amount the Insurer will pay in the aggregate under this Policy and any other policy of Personal Accident Insurance policy issued by the Insurer in the Insured’s name in respect of all losses and in respect of all Insured Persons arising out of one and the same Incident. If a claim exceeds the Maximum Incident Limit stated in the Schedule, the Insurer will pay an amount which is proportionately reduced until the total does not exceed the said limit. For the purposes of this Insurance the word “Incident” shall mean all individual losses arising out of and directly occasioned by one catastrophic event. However the duration and extent of any one Incident so defined shall be limited to only those individual losses occurring during any one period of 72 consecutive hours and within a radius of ten (10) miles. Special Conditions applying to this Section
Operative Time. The Operative Time shown in the Schedule shall have the meanings as shown in the Definitions of Operative Times.
Operative Time. An Accident giving rise to the loss under this Section of Cover must:
Operative Time. Following receipt of the Requisite Consents (as defined in the Solicitation Statement), the parties hereto will execute this Agreement. This Agreement will become effective upon execution, but the proposed amendments to the Original CSTA effected hereby will not become operative until the Original Notes are accepted for payment and exchange in the exchange offer (as described in the Solicitation Statement), which is expected to occur immediately prior to the closing of the Swap (as defined in the Solicitation Statement).
Operative Time. Operative time means the period, whilst you are undertaking a trip away from your permanent place of residence which commences during the period of insurance and is planned to last no longer than thirty (30) days. Cover will commence from time of leaving home and continue until arrival back at home in the United Kingdom.
Operative Time. Refers to the Operative Time selected by the Policyholder for this policy and as shown in the Policy Schedule and shall have the respective meaning as shown in the section of ‘Operative Times of Cover”.
Operative Time. The Proposed Amendment shall become operative upon the payment in full of the Initial Consent Fee (as defined in the Consent Solicitation Statement) to each of the Holders entitled to receive such payment pursuant to the Consent Solicitation Statement.
