Backstop Date definition

Backstop Date means the date (being not earlier than 28 days from the date of the modification notice) specified as such in a modification notice (or such later date as may be established under paragraph 3.5(a) or 4.6); "modification notice" has the meaning ascribed to it in paragraph 2.1;

Backstop Date has the meaning ascribed to it in Clause 16.2;

Backstop Date means, with respect to any Program Vehicle subject to a Guaranteed Depreciation Program that has been turned back under such Guaranteed Depreciation Program, the date on which the Manufacturer of such Program Vehicle is obligated to purchase such Program Vehicle in accordance with the terms of such Guaranteed Depreciation Program.

Examples of Backstop Date in a sentence

• In consideration for providing the JPM Backstop, JPM shall be entitled to a backstop fee of US$3,000,000, which shall be earned on the JPM Backstop Date and paid in full on January 2, 2008.

• Tembec shall pay forthwith reasonable Transaction Expenses incurred through to the JPMSI Backstop Date and, on a monthly basis thereafter, pay Transaction Expenses incurred from the JPMSI Backstop Date through to the earlier of (i) 30 days following the Implementation Date or (ii) the JPM Backstop Termination Date.

• Tembec shall pay forthwith reasonable Transaction Expenses incurred through to the JPM Backstop Date and, on a monthly basis thereafter, pay Transaction Expenses incurred from the JPM Backstop Date through to the earlier of (i) 30 days following the Implementation Date or (ii) the JPM Backstop Termination Date.

• As consideration for the Backstop Loan Commitment, Tembec shall pay to JPMSI $355,000 on January 2, 2008 which fee shall be non-refundable and earned by JPMSI on the JPMSI Backstop Date.

• For the purposes of this Agreement, the -------------------- term "Option" as used herein shall refer to each Nonstatutory Stock Option awarded to Grantee under Section 6 of the Plan and covered by this Agreement, as listed on Schedule 1 attached hereto.

More Definitions of Backstop Date

Backstop Date means 3 months after the Longstop Date;

Backstop Date has the meaning ascribed to it in Clause 16.2; “Commencement Date” means the date of signature of this contract;

Backstop Date means the earlier of (i) the Expiry Date (as defined in each Refund Guarantee) unless such Expiry Date has been extended to Lenders satisfaction, and (ii) March 31, 2017;

Backstop Date means March 29, 2007 or such later date, if any, as may be agreed by Seller and Buyer.

Backstop Date means July 31, 2024.

Backstop Date means the last day of the [*] full month following the month in which the Option Effective Date occurs.

Backstop Date means in relation to a Ship the date falling 30 days after the latest date allowed for delivery of a Ship under the relevant Building Contract prior to a Borrower having the right to terminate such Building Contract, which date is the date identified as such in Schedule 2 (Ship Information).