Abandonment Period definition

Abandonment Period means, for any First Lien Trust Asset designated by the First Lien Agent as a First Lien Excluded Asset, the earlier of (a) 15 days after the date of such designation (or, if such date is not a Business Day, the first Business Day thereafter) or (b) the Liquidation Trust's abandonment or other disposition of the asset.
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Abandonment Period means, for any First Lien Trust Asset designated by the First Lien Agentas a First Lien Excluded Asset, the earlier of (a) 15 days after the date of such designation (or, if such date is not a Business Day, the first Business Day thereafter) or (b) the Liquidation Trust's abandonment or other disposition of the asset. 2A. "Abandonment Property" means, individually, (a) the St. Louis Property only if designated as a Terminated Property; (b) the Detroit Axle Property only if designated as a Terminated Property; (c) any Terminated Other Property only if such property has been designated as an Abandonment Property pursuant to the provisions of Section IV.O.2.e; and (d) any Environmental Response Trust Property designated as an Abandonment Property pursuant to the provisions of Section IV.O.2.c.
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Examples of Abandonment Period in a sentence

  • Extension of Abandonment Period for Securities and Contents of Safety Deposit Boxes.

  • The developer will not cease construction activities for any period of more than 60 consecutive days (the "Abandonment Period") without written authorization to do so from the Town Engineer.

  • For the avoidance of doubt, any carrying costs, including carrying costs related to compliance with the environmental laws, associated with an Unsold Property prior to the date on which such Unsold Property has been designated a Terminated Property pursuant to Section IV.O.2.b, or prior to the conclusion of the Abandonment Period for First Lien Collateral, shall not be funded from the funds in the Owned Property Reserve.

  • It is however a simple matter to digitise any existing paper maps, and asked the meeting to share any existing information they had on seagrass distributions with the PCU and SEA START RC.

  • The extension must be requested in writing prior to the expiration of the Abandonment Period and justifiable cause demonstrated by factual information supported by a sworn affidavit or other reliable information.

  • The legalization program for Active Space passed its first read, as did the Polk Pacific Area Design Guidelines and the North Beach CU Abandonment Period ordinance sponsored by Supervisor Peskin.

  • Developer shall not cease construction activities for any period of more than 60 consecutive days (the "Abandonment Period").

  • The First Lien Agent may designate a Covered Asset as one that it neither wishes to fund as an Estate Asset nor as a Foreclosed Asset (an "Excluded Asset"); provided that such asset will continue to be treated as an Estate Asset until the earlier of (a) 15 days after the date of such designation (or, if such date is not a businessday, the first business day thereafter) or (b) the Debtors' abandonment or other disposition of the asset (the "Abandonment Period").

  • University shall not be liable for any opportunities or any other compensation, benefits, income, or any amounts from any sources that might ensue as a result of University's Lennination of this Agreement without cause.

  • The First Lien Lenders shall have no obligations to fund any costs of an Excluded Asset after the conclusion of the Abandonment Period.

Related to Abandonment Period

  • Postponement Period has the meaning ascribed to such term in Section 2.1(b).

  • Curtailment Period means the period of time during which Seller reduces generation from the Project, pursuant to a Curtailment Order. The Curtailment Period shall be inclusive of the time required for the Project to ramp down and ramp up; provided that such time periods to ramp down and ramp up shall be consistent with the Ramp Rate designated in the Cover Sheet.

  • Remediation Period has the meaning specified in Section 8.2(a);

  • Clean-Up Period has the meaning specified in Section 8.02(b).

  • Event Period shall have the meaning assigned to such term in Section 7.2 hereof.

  • Application Period means the months beginning with the month in which the application is considered to be filed, through and including the month in which an eligibility determination is made.

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • Consent Period has the meaning set forth in Section 3.05(d)(ii).

  • Opt-Out Period means the period that begins the day after the earliest date on which the Notice is first distributed, and that ends no later than 30 days before the Final Approval Hearing. The deadline for the Opt-Out Period shall be specified in the Notice.

  • Agreement Period shall have the meaning ascribed thereto in Clause 3.2 of this Agreement.

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • Assessment Period means such period as is prescribed in sections 19 to 21 over which income falls to be calculated;

  • REO Disposition Period As defined in Section 3.14. REO Proceeds: Proceeds, net of any related expenses of the Servicer, received in respect of any REO Property (including, without limitation, proceeds from the rental of the related Mortgaged Property) which are received prior to the final liquidation of such Mortgaged Property.

  • Acquisition Period means any period commencing on the date that a Material Acquisition is consummated through and including the last day of the second full fiscal quarter following the date on which such acquisition is consummated; provided that there shall be at least one full fiscal quarter between any two Acquisition Periods.

  • Regulatory Exclusivity Period means, with respect to each Licensed Product in any country in the Territory, a period of exclusivity (other than Patent exclusivity) granted or afforded by Applicable Law or by a Regulatory Authority in such country that prevents the approval or marketing of any Biosimilar Product of such Licensed Product in such country.

  • Prepayment Period With respect to any Distribution Date, the calendar month preceding the calendar month in which such Distribution Date occurs.

  • Notification Period has the meaning given to such term in Clause 3.10(b) or 3.10(c) of the Gold Bullion Terms, as the case may be.

  • SOFR Observation Period means, in respect of an Interest Accrual Period, the period from (and including) the date falling the number of SOFR Observation Shift Days prior to the first day of such Interest Accrual Period to (but excluding) the date falling the number of SOFR Observation Shift Days prior to the Interest Period Date for such Interest Accrual Period;

  • Repayment Period means the period beginning on the Loan Commencement Date and continuing for 36 calendar months.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Recovery Period means the three completed fiscal years immediately preceding the date that the Company is required to prepare the accounting restatement described in this Policy, all as determined pursuant to Rule 10D-1, and any transition period of less than nine months that is within or immediately following such three fiscal years.

  • Examination Period as defined in Section 4.01.

  • Interruption Period shall have the meaning set forth in Section 5 hereof.

  • Settlement Period has the meaning specified therefor in Section 2.02(d)(i) hereof.