Examples of Initial Acceptance Period in a sentence
If District notifies Contractor that a Deliverable does not satisfy or conform to the Final Criteria within the Initial Acceptance Period, Contractor shall, at no cost to District, take whatever action is necessary to correct any deficiencies within thirty (30) calendar days after District’s notification to Contractor, unless a shorter correction period is agreed upon by the Parties.
While a Deliverable Work Plan may specify a longer period of time for the Initial Acceptance Period, the Initial Acceptance Period shall be no shorter than sixty (60) days.
Initial Acceptance Period; Indicative timetable The Initial Acceptance Period starts on 15 October 2021 and ends on 29 October 2021 at 4.00 p.m. (Belgian time).
The risk associated with and the ownership of the Shares that were validly tendered during the Initial Acceptance Period or any subsequent Acceptance Period will transfer to the Bidder on the relevant Payment Date at the time when payment of the Bid Price is made by the Paying Agent Bank on behalf of the Bidder (i.e., the time when the Bidder's account is debited for this purpose).
Although 15,000 Warrants and 13,000 Stock Options were also tendered during the Initial Acceptance Period, they could not be transferred to the Bidder as these Securities are non-transferrable according to the relevant Warrant and Stock Option plans.