Long Stop Dates Sample Clauses

Long Stop Dates. The Parties agree and acknowledge that (i) if any closing condition specified in Section 5 hereof has not been fulfilled or otherwise waived by the Initial Investors within 90 days following the Effective Date, the Initial Investors shall, at their election, be relieved of all of their respective obligations under this Agreement without thereby waiving any other right the Initial Investors may have by reason of such failure or such non-fulfillment, and (ii) if the closing conditions specified in Section 5 hereof have been satisfied or otherwise waived by the Initial Investors but any closing condition specified in Section 6 hereof has not been fulfilled or otherwise waived by the Company within 90 days thereafter, the Company shall at its election be relieved of all of its obligations under this Agreement with respect to the Initial Investors without thereby waiving any other right the Company may have by reason of such failure or such non-fulfillment.
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Long Stop Dates. 13.6.1 If the Final Developer’s Works Practical Completion Date has not occurred by the Long Stop Date as such date is extended by Force Majeure and/or Tenant’s Delay then the Tenant shall be entitled by serving not less than two weeks’ prior written notice, such notice to be served within one month of the Long Stop Date (time being of the essence) to determine this Agreement and this Agreement shall unless Final Developer Works Practical Completion has occurred in the meantime terminate upon the expiry of such notice, such determination to be without prejudice to any right of action by any party in respect of any antecedent breach of any of the other parties 13.6.2 If the Developer has not specified an Early Access Date or an Access Date has not occurred by the Early Access Long Stop Date as such date is extended by Force Majeure and/or Tenant’s Delay then the Tenant shall be entitled by serving not less than two weeks’ prior written notice, such notice to be served within one month of the Early Access Long Stop Date (time being of the essence) to determine this Agreement and this Agreement shall, unless an Early Access Date or an Access Date has occurred in the meantime, terminate upon the expiry of such notice, such determination to be without prejudice to any right of action by any party in respect of any antecedent breach of any of the other parties
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Long Stop Dates. The Parties agree and acknowledge that (i) if any closing condition specified in Section 5 hereof has not been fulfilled or otherwise waived by the Investors within 90 days following the Effective Date, the Investors shall, at their election, be relieved of all of their respective obligations under this Agreement without thereby waiving any other right the Investors may have by reason of such failure or such non-fulfillment, and (ii) if the closing conditions specified in
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Long Stop Dates. If the Conditions Precedent to each tranche are not satisfied or not waived by each of Anchor Investor on or before the First Closing Long Stop Date, or the Second Closing Long Stop Date or the Third Closing Long Stop Date, as the case may be, then the Anchor Investors shall be under no obligation to invest the tranches to be invested on the First Closing Date, Second Closing Date or Third Closing Date (as the case may be). Provided that if the Conditions Precedent to the First Closing are not satisfied by the Company or waived by each Anchor Investor, on or before the First Closing Long Stop Date, then each Anchor Investor may in its sole discretion either, (i) terminate this Agreement (other than Clause 7.3 (Survival)) and no Party shall have any claim against any other Party (except in respect of any rights and liabilities which have accrued in relation to any breach of the provisions of Clauses stated in Clause 7.3 (Survival)); or (ii) may waive (in writing) any pending Condition Precedent in its entirety or consent (in writing) for such Condition Precedent to be completed as a post-Closing action under this Agreement within mutually agreed timelines and shall proceed to Closing in accordance with relevant provisions under Clause 4 of this Agreement. The closing long stop date for, (i) Caspian and Omidyar for the first tranche of Subscription Securities to be issued to them shall be October 31, 2021, unless otherwise agreed to by the Parties in writing (“First Closing Long Stop Date”); (ii) Northern Arc for the first tranche Subscription Securities to be issued to Northern Arc shall be December 31, 2021 (“Northern Arc First Closing Long Stop Date”), (iii) the second tranche of Subscription Securities shall be December 31, 2021, unless otherwise agreed to by the Board (“Second Closing Long Stop Date”); and (iv) the third tranche of Subscription Securities shall be December 31, 2022, unless otherwise agreed to by the Board (“Third Closing Long Stop Date”). Authenticated through Xxxxxxxxx.xxx (880qDt1) Authenticated through Xxxxxxxxx.xxx (880qDt1) Authenticated through Xxxxxxxxx.xxx (880qDt1) Authenticated through Xxxxxxxxx.xxx (880qDt1) Xxxxxx Xxxxxxxxx Date: Fri Sep 24 22:35:09 IST 2021 Authenticated through Xxxxxxxxx.xxx (880qDt1) BV Narasimham Date: Sat Sep 25 12:56:53 IST 2021 Authenticated through Xxxxxxxxx.xxx (880qDt1) Xxxxxxx Xxx Date: Wed Sep 29 11:14:06 IST 2021 Authenticated through Xxxxxxxxx.xxx (880qDt1) XXXXX XXXXXX Date: Mon Sep 27 10:46:2...
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Long Stop Dates. The Concessionaire shall only be entitled to an extension of time in respect of any Long-Stop Date to the extent expressly permitted under clause 4.7 (Extension of time), and not under this clause 6, and, for the avoidance of doubt, this clause 6 shall not affect the application of clause 4.7(g).
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Long Stop Dates. (a) Without prejudice to Section 4.1, should the condition precedent set forth under Section 4.2(i) not have been fulfilled (or waived, to the extent contemplated herein) for whatever reason on or prior to September 30, 2014, the Purchaser shall have the right to terminate this Agreement, in which case the Parties shall be released from all obligations hereunder, and neither Party shall have any right or claim of any nature whatsoever against the other Parties as a result thereof, except for any rights and obligations already arisen in connection with or by virtue of any breach of the terms and conditions of this Agreement. (b) Without prejudice to Sections 4.1 and 10.9(A), should the conditions precedent set forth under Section 4.2 not have been fulfilled (or waived, to the extent contemplated herein) for whatever reason on or prior to July 31, 2015, each Party shall have the right to terminate this Agreement, in which case the Parties shall be released from all obligations hereunder, and neither Party shall have any right or claim of any nature whatsoever against the other Parties as a result thereof, except for any rights and obligations already arisen in connection with or by virtue of any breach of the terms and conditions of this Agreement.
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Related to Long Stop Dates

  • Effective Dates This Letter of Understanding shall take effect for all grievances filed on or after February 1, 2022. This XXX shall expire upon successful ratification of a Memorandum of Agreement with respect to central terms. Should a Memorandum of Agreement with respect to central terms not be successfully ratified, the parties will meet within thirty (30) calendar days of the unsuccessful ratification vote to either extend or terminate this XXX. If this XXX is terminated, the parties agree to move grievances filed under the interim procedure back to the appropriate central or local grievance procedure and to their respective steps in those procedures.

  • Multiple Closing Dates In the event the Corporation shall issue on more than one date Additional Shares of Common Stock that are a part of one transaction or a series of related transactions and that would result in an adjustment to the Conversion Price of any series of Preferred Stock pursuant to the terms of Subsection 5.4.4, and such issuance dates occur within a period of no more than ninety (90) days from the first such issuance to the final such issuance, then, upon the final such issuance, such Conversion Price shall be readjusted to give effect to all such issuances as if they occurred on the date of the first such issuance (and without giving effect to any additional adjustments as a result of any such subsequent issuances within such period).

  • Tranches Notwithstanding anything to the contrary contained herein, no more than ten (10) LIBOR Rate Loans may be outstanding hereunder at any one time during the Availability Period.

  • Closing Dates Each Closing of the purchase of Convertible Debentures by the Buyers shall occur at the offices Yorkville Advisors Global, LP, 0000 Xxxxxxxxxxx Xxxxxx, Xxxxxxxxxxxx, XX 00000. The date and time of each Closing shall be as follows: (i) the First Closing shall be 10:00 a.m., New York time, on the first Business Day on which the conditions to the Closing set forth in Sections 6 and 7 below are satisfied or waived (or such other date as is mutually agreed to by the Company and each Buyer) (the “First Closing Date”), (ii) the Second Closing shall be 10:00 a.m., New York time, by the third Business Day after the date on which the Registration Statement is filed by the Company with the SEC, provided the conditions to the Closing set forth in Sections 6 and 7 below are satisfied or waived (or such other date as is mutually agreed to by the Company and each Buyer) (the “Second Closing Date”), and (iii) the Third Closing shall be 10:00 a.m., New York time, by the third Business Day after the Registration Statement is first declared effective by the SEC, provided the conditions to the Closing set forth in Sections 6 and 7 below are satisfied or waived (or such other date as is mutually agreed to by the Company and each Buyer) (the “Third Closing Date” and collectively referred to as the “Closing Dates”). As used herein “Business Day” means any day other than a Saturday, Sunday or other day on which commercial banks in New York, New York are authorized or required by law to remain closed.

  • Seniority Dates Upon request, the Employer agrees to make available to the Union the seniority dates of any employees covered by this Agreement. Such seniority dates shall be subject to correction for error on proper representation by the Union.

  • Repayment Dates The first Instalment shall be repaid on the date falling three months after the Drawdown Date, each subsequent Instalment shall be repaid at three-monthly intervals thereafter and the last Instalment, shall be repaid together with the Balloon Instalment, on the Final Repayment Date.

  • Pay Dates Pay dates shall be on the fifteenth (15th) and the last day of each month.

  • Vesting Dates The ISOs shall vest as follows, subject to earlier vesting in the event of a termination of Service as provided in Section 6 or a Change in Control as provided in Section 7:

  • PRICING STRUCTURES Licenses and Support Services for the Licensed Programs to which this OST applies are granted according to the pricing structures mentioned in the related Transaction Document. Standard pricing structures are defined in the section “DEFINITIONS” of this OST, even though those pricing structures may not be applicable to the DS Offerings to which this OST applies. Other pricing structures may be made available on a case by case basis.

  • Interest Options Except as specifically otherwise provided, Borrowings shall bear interest at an annual rate equal to the lesser of (a) the Base Rate plus the Applicable Margin, or the Eurodollar Rate plus the Applicable Margin (in each case as designated or deemed designated by Borrower and, in the case of Eurodollar Borrowings, for the Interest Period designated by Borrower), and (b) the Maximum Rate. Each change in the Base Rate and Maximum Rate is effective, without notice to Borrower or any other Person, upon the effective date of change.

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