NO LIQUID MARKET Sample Clauses

NO LIQUID MARKET. At any time after the commencement of the Required Period or the Step-in Period, the Lender may take such steps as are reasonable, including issuing a Request for Pre-Qualification for the purposes of determining whether, and the extent to which, a market exists either for the sale of the business or shares of the Private Party. At any time in the Required Period or Step-In Period, the Agent may issue written notice to the CoT (the “No Liquid Market Notice”): confirming that the Lenders have issued a Request For Pre-Qualification for the provision of the Project Deliverables for the unexpired portion of the Project Term and that there is No Liquid Market; and describing in detail the pre-qualification process undertaken by the Lenders. On or before the tenth 10th Business Day following the CoT’s receipt of the No Liquid Market Notice, the CoT shall, acting reasonably, issue written notice to the Agent stating whether or not it agrees with the Agent that No Liquid Market exists, and if it disagrees with the Agent, its reasons for such disagreement. If the CoT fails to issue a notice as required in Clause 6.3 or the Parties do not agree that No Liquid Market exists, then the Agent must refer the dispute (which shall be deemed to exist if the CoT fails to issue the required notice), for determination in terms of the Fast-track Dispute Resolution procedure set out in Schedule 21 [Dispute Resolution Procedure] of the PPP Agreement which shall apply to such dispute, mutatis mutandis. If the Parties agree that No Liquid Market exists or it is so determined as aforesaid, then the Termination Notice shall become effective and the PPP Agreement shall terminate automatically on the date of such agreement or determination and the provisions of paragraph 4 [No Retendering Procedure] of Schedule 16 [Compensation on Termination] of the PPP Agreement shall apply. If the No Liquid Market Notice is issued and a dispute is referred for determination as contemplated in Clause 6.3, then the Required Period shall be extended by the period over which the dispute is determined.
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NO LIQUID MARKET. 4.1 At any time during the Required Period the Agent may issue a written notice (the “No Liquid Market Notice”) to the Authority setting out the reasons why the Agent does not believe that a Liquid Market exists.
NO LIQUID MARKET. 4.1 At any time during the Required Period the Security Trustee may issue a written notice (the "No Liquid Market Notice") to the Authority setting out the reasons why the Security Trustee does not believe that a Liquid Market exists.
NO LIQUID MARKET. 4.1. At any time in the Required Period (and not thereafter) and provided the Lender has stepped-in in terms of clause 5.1, the Lender may issue written notice to the Municipality (the "No Liquid Market Notice"):
NO LIQUID MARKET 

Related to NO LIQUID MARKET

  • Holidays Falling on Saturday or Sunday (a) For an employee whose workweek is from Monday to Friday and when any of the above-noted holidays fall on a Saturday and is not proclaimed as observed on some other day, the following Monday shall be deemed to be the holiday for the purpose of this agreement; and when a holiday falls on a Sunday and it is not proclaimed as being observed on some other day, the following Monday (or Tuesday, where the preceding section already applies to the Monday), shall be deemed to be the holiday for the purpose of this agreement.

  • Union Bulletin Board ‌ The Employer will provide bulletin board facilities for the exclusive use of the Union, the site to be determined by mutual agreement. The use of such bulletin board facilities shall be restricted to the business affairs of the Union.

  • Bulletin Board The Employer shall provide a bulletin board which shall be placed so that all employees will have access to it and upon which the Union shall have the right to post notices of regular meetings, special meetings, seminars or Union activities.

  • Holiday Falling on Saturday or Sunday For an employee whose normal workweek is from Monday to Friday and when any of the above-noted holidays falls on a Saturday and is not proclaimed as being observed on another day, the following Monday will be deemed to be the holiday. When a holiday falls on a Sunday and it is not proclaimed as being observed on another day, the following Monday (or Tuesday, where the preceding section already applies), will be deemed to be the holiday for the purpose of this agreement.

  • Floating Holiday All employees except intermittent, emergency, and temporary employees shall also receive one (1) floating holiday each fiscal year of this Agreement. However, seasonal employees shall be eligible for only one (1) floating holiday per season and intermittent employees shall receive one (1) floating holiday each fiscal year of this Agreement if they complete ninety-one (91) working days in that fiscal year. Unless waived by the supervisor, the employee must request the floating holiday at least fourteen (14) calendar days in advance. The Appointing Authority may limit the number of employees that may be absent on any given day subject to the operational needs of the Appointing Authority. Any conflicts for requested holidays shall be resolved on the basis of State Seniority within the employee's work unit. The Appointing Authority shall make a reasonable effort to approve the requested holiday. Floating holidays may not be accumulated. An employee who has not requested the floating holiday by March 1 of each fiscal year or by thirty (30) calendar days prior to the end of an employee's season shall be scheduled to take a floating holiday on a day chosen by the Appointing Authority or be paid for the floating holiday in cash at the option of the Appointing Authority.

  • Union Bulletin Boards The Employer will provide bulletin boards in each building which may be used by the Union for posting notices of the following types:

  • Bulletin Boards The Employer shall provide bulletin board facilities for the exclusive use of the Union, the sites to be determined by mutual agreement. The use of such bulletin board facilities shall be restricted to the business affairs of the Union.

  • Unlisted/Non-Published Subscribers <<customer_name>> will be required to provide to BellSouth the names, addresses and telephone numbers of all <<customer_name>> customers that wish to be omitted from directories.

  • Holidays on Saturday or Sunday When a holiday falls on a Saturday, the preceding workday not a holiday shall be deemed to be that holiday. When a holiday falls on Sunday, the following workday not a holiday shall be deemed to be that holiday.

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