Common use of Date of Delivery of Drawdown Notice Clause in Contracts

Date of Delivery of Drawdown Notice. A Drawdown Notice shall be deemed delivered on: (i) the Trading Day it is received by email to xxxxxxxxx@xxxxxxxxxx.xxx. if such notice is received prior to 5:00 pm Eastern Time; or (ii) the Trading Day prior to the Trading Day it is received if the Drawdown notice is received by email to xxxxxxxxx@xxxxxxxxxx.xxx prior to the start of trading on the Trading Day it is received; or (iii) the immediately succeeding Trading Day if Drawdown Notice is received by facsimile or otherwise after 5:00 pm Eastern Time on a Trading Day or at any time on a day which is not a Trading Day. No Drawdown Notice may be deemed delivered on a day that is not a Trading Day or if positive receipt is not acknowledged by Auctus.

Appears in 2 contracts

Samples: Drawdown Equity Financing Agreement (Sunvalley Solar, Inc.), Drawdown Equity Financing Agreement (Sunvalley Solar, Inc.)

AutoNDA by SimpleDocs

Date of Delivery of Drawdown Notice. A Drawdown Notice shall be deemed delivered on: (i) the Trading Day it is received by email to xxxxxxxxx@xxxxxxxxxx.xxxlxxxxxxxx@xxxxxxxxxx.xxx. if such notice is received prior to 5:00 pm Eastern Time; or (ii) the Trading Day prior to the Trading Day it is received if the Drawdown notice is received by email to xxxxxxxxx@xxxxxxxxxx.xxx lxxxxxxxx@xxxxxxxxxx.xxx prior to the start of trading on the Trading Day it is received; or (iii) the immediately succeeding Trading Day if Drawdown Notice is received by facsimile or otherwise after 5:00 pm Eastern Time on a Trading Day or at any time on a day which is not a Trading Day. No Drawdown Notice may be deemed delivered on a day that is not a Trading Day or if positive receipt is not acknowledged by Auctus.

Appears in 1 contract

Samples: Drawdown Equity Financing Agreement (Sunvalley Solar, Inc.)

AutoNDA by SimpleDocs

Date of Delivery of Drawdown Notice. A Drawdown Notice shall be deemed delivered on: (i) the Trading Day it is received by email to xxxxxxxxx@xxxxxxxxxx.xxx. lxxxxxxxx@xxxxxxxxxx.xxx and txx@xxxxxxxxxx.xxx , if such notice is received prior to 5:00 pm p.m. Eastern Time; or (ii) the Trading Day prior to immediately succeeding the Trading Day it on which the Drawdown Notice is received if the (x) such Drawdown notice Notice is received by email to xxxxxxxxx@xxxxxxxxxx.xxx prior to the start of trading on the Trading Day it facsimile, (y) such Drawdown Notice is received, in any manner, after 5:00 p.m. Eastern Time on a Trading Day; or (iii) the immediately succeeding Trading Day if Drawdown Notice is received by facsimile or otherwise after 5:00 pm Eastern Time on a Trading Day or at any time on a day which is not a Trading Day. No Drawdown Notice may be deemed delivered on a day that is not a Trading Day or if positive receipt is not acknowledged by Auctus.

Appears in 1 contract

Samples: Drawdown Equity Financing Agreement (Solanbridge Group, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!