Common use of Imposition of Standstill Period Clause in Contracts

Imposition of Standstill Period. (a)Each Standstill Period will commence on the date the Standstill Event in relation to such Standstill Period shall have occurred and will terminate upon the earliest to occur of (i) the date which is 180 days after the later of (a) occurrence of an Event of Default as defined in the Acquisition Note or (b) the giving of the Standstill Event Notice; (ii) the date, after such Standstill Period shall have commenced, such Standstill Event shall have been cured or waived or shall otherwise have ceased to exist; or (iii) March ____, 2000.

Appears in 5 contracts

Samples: Subordination Agreement (Pomeroy Computer Resources Inc), Subordination Agreement (Pomeroy Computer Resources Inc), Subordination Agreement (Pomeroy Computer Resources Inc)

AutoNDA by SimpleDocs

Imposition of Standstill Period. (a)Each Standstill Period will commence on the date the Standstill Event in relation to such Standstill Period shall have occurred and will terminate upon the earliest to occur of (i) the date which is 180 days after the later of (a) occurrence of an Event of Default as defined in the Acquisition Note or (b) the giving of the Standstill Event Notice; (ii) the date, after such Standstill Period shall have commenced, such Standstill Event shall have been cured or waived or shall otherwise have ceased to exist; or (iii) March ____, 2000June 26,1999.

Appears in 1 contract

Samples: Subordination Agreement (Pomeroy Computer Resources Inc)

Imposition of Standstill Period. (a)Each a) Each Standstill Period will commence on the date the Standstill Event in relation to such Standstill Period shall have occurred and will terminate upon the earliest to occur of (i) the date which is 180 days after the later of (a) occurrence of an Event of Default as defined in the Acquisition Note or (b) the giving of the Standstill Event Notice; (ii) the date, after such Standstill Period shall have commenced, such Standstill Event shall have been cured or waived or shall otherwise have ceased to exist; or (iii) March ____July 24, 2000.

Appears in 1 contract

Samples: Subordination Agreement (Pomeroy Computer Resources Inc)

Imposition of Standstill Period. (a)Each a) Each Standstill Period will commence on the date the Standstill Event in relation to such Standstill Period shall have occurred and will terminate upon the earliest to occur of (i) the date which is 180 days after the later of (a) occurrence of an Event of Default as defined in the Acquisition Note or (b) the giving of the Standstill Event Notice; (ii) the date, after such Standstill Period shall have commenced, such Standstill Event shall have been cured or waived or shall otherwise have ceased to exist; or (iii) March ____, 2000.

Appears in 1 contract

Samples: Subordination Agreement (Pomeroy Computer Resources Inc)

AutoNDA by SimpleDocs

Imposition of Standstill Period. (a)Each a) Each Standstill Period will commence on the date the Standstill Event in relation to such Standstill Period shall have occurred and will terminate upon the earliest to occur of (i) the date which is 180 days after the later of (a) occurrence of an Event of Default as defined in the Acquisition Note or (b) the giving of the Standstill Event Notice; (ii) the date, after such Standstill Period shall have commenced, such Standstill Event shall have been cured or waived or shall otherwise have ceased to exist; or (iii) March ____December 7, 2000.

Appears in 1 contract

Samples: Employment Agreement (Pomeroy Computer Resources Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.