Opportunity Period definition

Opportunity Period means ten (10) calendar days from the time a Capital Maritime Entity notifies the Board or the General Partner of a Business Opportunity.
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Opportunity Period means: • with respect to a Period Charter Opportunity or Bareboat Charter Opportunity, 48 hours from the time a Capital Maritime Entity notifies Crude Carriers of such Period Charter Opportunity or Bareboat Charter Opportunity; • with respect to a Spot Charter Opportunity, a reasonable period of time in light of the circumstances (including without limitation the time period the Spot Charter Opportunity is expected to be available) from the time a Capital Maritime Entity informs Crude Carriers of such Spot Charter Opportunity; • with respect to a Vessel Acquisition Opportunity, 120 hours from the time a Capital Maritime Entity notifies Crude Carriers of such Vessel Acquisition Opportunity, unless Crude Carriers notifies Capital Maritime that it wishes to extend the Opportunity Period for such Vessel Acquisition Opportunity, in which case the Opportunity Period for such Vessel Acquisition Opportunity shall be 192 hours from the time a Capital Maritime Entity notifies Crude Carriers of such Vessel Acquisition Opportunity; and • with respect to any other Business Opportunity, 120 hours from the time a Capital Maritime Entity notifies Crude Carriers of such Business Opportunity.
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Opportunity Period has the meaning defined in clause 10.2(a);
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Examples of Opportunity Period in a sentence

  • It is the understanding of the parties to this Agreement that the Partnership does not expect to make any non-cash quarterly distributions to holders of OCGH Units in respect of the Full EVU Opportunity Period.

  • If the Corporation elects, within the Opportunity Period, to pursue or acquire such Business Opportunity or to direct such Business Opportunity to another Person, then Capital Maritime shall refrain, and shall cause all other Capital Maritime Entities to refrain, from pursuing or acquiring such Business Opportunity until such time as the Corporation abandons its pursuit of such Business Opportunity.

  • If the Corporation does not elect, within the Opportunity Period, to pursue or acquire such Business Opportunity or to direct such Business Opportunity to another Person, then any Capital Maritime Entity may pursue or acquire such Business Opportunity.

  • In all events the appraiser shall be instructed to take into account the efforts made to sell the Project during the Opportunity Period.

  • For purposes of this Section 2(c)(i)(C), “Average Stock Price” means the volume weighted average stock price (using average daily trading volumes), as reported on Bloomberg, for any period of 20 trading days (x) that occurs within the Incentive Opportunity Period and (y) during which the average daily dollar trading volume of the Shares on NYSE equals or exceeds $2,800,000.

  • Notwithstanding the foregoing it is understood and agreed that in no event shall the Royalty Period commence later than the first day of the seventh year from and after the Royalty Opportunity Period.

  • If the Operating Partnership does not so respond by the end of the REIT Opportunity Period, the Operating Partnership shall be deemed to have rejected the REIT Opportunity.

  • The right of the Class B Member to make additional Capital Contributions for the purchase of Containers by the Company shall not be affected by the expiration or earlier termination of the Purchase Opportunity Period under Section 2.2.

  • Any Shares earned pursuant to the Special Incentive Opportunity will be issued to the Executive as soon as practicable after the end of the Incentive Opportunity Period, except as expressly provided in Section 4(b)(v) of this Agreement, or, as described below in the event of a Change in Control.

  • The Operating Partnership shall have ten (10) days (the "REIT Opportunity Period") from the date of its receipt of the REIT Opportunity Notice to notify the appropriate Tenant in writing that it has accepted or rejected the REIT Opportunity.


More Definitions of Opportunity Period

Opportunity Period means the timeframe specified in an opportunity announcement for the department to accept applications for a grant for planning or developing a community renewable energy project.
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Opportunity Period means the timeframe specified in an Opportunity Announcement for the department to accept applications for energy conservation projects.
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Opportunity Period. The meaning set forth in Section 7.1.
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Opportunity Period has the meaning given that term in Section 5.13.4 hereof.
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Related to Opportunity Period

  • duty period means a period which starts when a crew member is required by an operator to report for or to commence a duty and ends when that person is free of all duties, including post-flight duty;

  • Exclusivity Period shall have the meaning set forth in Section 6.11.

  • Indemnity Period means the period during which the results of the business are affected beginning with the occurrence of the monetary win but not exceeding the maximum indemnity period

  • 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).

  • Facility Period means the period beginning on the date of this Agreement and ending on the date when the whole of the Indebtedness has been repaid in full and the Security Parties have ceased to be under any further actual or contingent liability to the Finance Parties under or in connection with the Finance Documents.

  • Confidentiality Period means, (A) with respect to Confidential Information (other than trade secrets), during the term of the Service Term and for a period of one (1) year after termination of the Service Term, and (B) with respect to trade secrets, during the term of the Service Term and for such period thereafter as the information in question falls within the definition of trade secrets under prevailing law.

  • PAGA Period means the period from May 10, 2022, through May 21, 2023.

  • Study Period means the period commencing at 9:00 a.m. on the date hereof, and continuing through 5:00 p.m. on the Closing Date.

  • Eligibility period means the period in which a business may

  • Minimum Hire Period means the Minimum Hire Period as described on the invoices, quotation, authority to hire, or any other forms as provided by the Supplier to the Client.

  • Affordability Period means the period during which the average rent in a Project is required to be maintained at an affordable level, as determined in accordance with the Program Guidelines or as otherwise established by the County;

  • Penalty Period has the meaning set forth in Section 6.3.

  • Negotiation Period has the meaning given in Clause 5.10;

  • Affiliation period means a period which, under the terms of the health insurance coverage offered

  • Consulting Period has the meaning assigned thereto in Section 14(f) hereof.

  • Audit Period means the seven year period following Contractor’s provision of any work under the Contract.

  • Evaluation Period bears the meaning ascribed thereto in Section 7.4(d)(i);

  • Experience period means the most recent period of time for which experience is reported, but not for a period longer than three (3) full years. (7-1-93)

  • Cover Period means the period from the cover start date to the cover end date.

  • Minimum Term means each minimum initial and subsequent period of service for each Service as shown on the Service Agreement and Order Schedule, the initial period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed or if not stated on the Service Agreement or order schedules, the Minimum Term will be 12 months or such other period as may be notified to you in accordance with paragraph 19.2.

  • Hire Period means the period commencing when the Customer holds the Hire Goods on hire (including Saturdays Sundays and Bank Holidays) and ending upon the happening of any of the following events:

  • Original Term means the period from the Commencement Date until the end of the fiscal year of Lessee in effect at such Commencement Date.

  • Summer Period means the June, July, August, and September billing months. “Winter Period” means the December, January, February, and March billing months. “Transition Period” means the April, May, October, and November billing months.

  • COBRA Period means the period beginning on the Date of Termination and ending on the six-month anniversary thereof; provided, however, that in the event the Qualifying Termination occurs on or within 24 months following a Change in Control, then the COBRA Period instead shall end on the 12-month anniversary thereof.

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7 a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • Extended Reporting Period means a designated period of time after a claims-made policy has expired during which a claim may be made and coverage triggered as if the claim has been made during the policy period.