Standstill Termination Date means the earlier of (i) the first anniversary of the Board Rights Termination Date and (ii) the later of (A) the third anniversary of this Agreement or (B) the first anniversary of the date on which both the Purchaser Designated Director has resigned from the Board and the Purchaser has permanently waived and renounced the Purchaser’s Board observation rights and Board designation rights in Section 1 and Section 2 of this Agreement.

Standstill Termination Date shall have the meaning set forth in Section 5.2(h)(5).

Standstill Termination Date means the earlier of (i) the sixth anniversary of the Closing and (ii) the date on which the Stockholder and its Affiliates cease to Beneficially Own Voting Securities representing at least 10% of the Fully Diluted Voting Power.

Examples of Standstill Termination Date in a sentence

This Agreement shall terminate on the Standstill Termination Date.
Prior to the Standstill Termination Date, no LIH Entity, nor any Affiliate or Associate thereof which acquires Voting Securities in accordance with the terms of this Agreement, will Transfer Beneficial Ownership of any Voting Securities to any of their respective Affiliates or Associates unless each such Person becomes a signatory to this Agreement and a party hereunder.
This Agreement shall terminate on the Standstill Termination Date, except that in any such case the provisions of this Section 2 shall survive any termination of this Agreement and except that no party to this Agreement shall be relieved or released from liability for damages arising out of a breach of this Agreement before such termination.
Upon the occurrence of the Standstill Termination Date, the Standstill Period shall automatically terminate and the Lenders shall, at any time thereafter, be permitted and entitled under Section 8.02 of the Credit Agreement to, among other things, terminate the Commitments, accelerate the Loans, require cash collateral for L/C Obligations, enforce the Liens granted under the Collateral Documents and exercise all other rights and remedies available under the Loan Documents or applicable law.
The occurrence of the Standstill Termination Date shall be deemed an Event of Default under the Credit Agreement.

More Definitions of Standstill Termination Date

Standstill Termination Date has the meaning set forth in Section 3.2(c).

Standstill Termination Date means the earlier of (a) the repayment in full in cash of the Senior Obligations and (b) March 31, 2007;

Standstill Termination Date means the earliest of:

Standstill Termination Date means September 9, 2000.

Standstill Termination Date means the third anniversary of the Closing.

Standstill Termination Date means the date on which GSO, the GSO Funds and their respective Affiliates Beneficially Own less than 1.0% of the outstanding Voting Securities.