Suspension Date Sample Clauses

Suspension Date. Upon the occurrence of an Event of Default under Sections 5.2 (a)-(f), the other party, (the “Non-Defaulting Party”), shall have the right, but not the obligation, within thirty (30) days, to designate by facsimile or other reasonable means any of the subsequent ten (10) Business Days as a suspension date (the “Suspension Date”). Upon the occurrence of an Event of Default under Sections 5.2(a)-(f), the Non-Defaulting Party shall have the right to draw on any outstanding collateral deposits in whole or in part, liquidate any Performance Assurance then held by or for the benefit of the Secured Party free from any claim or right of any nature whatsoever of the Defaulting Party, including any equity or right of purchase or redemption by the Defaulting Party, and/or exercise any of the rights and remedies of a Secured Party with respect to all Performance Assurance, including such rights and remedies under law then in effect.
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Suspension Date. The suspension will be effective as of the date and time of submission of written notification.
Suspension Date. The "Suspension Date" shall be defined as the earlier of (i) the date upon which TAM discontinues participation in all Global Distribution Systems ("GDS") within Brazil or (ii) (a) * days following the date upon which Sabre Subscriber locations within Brazil which generated * % of TAM ticket sales revenue generated by Sabre Subscribers for the preceding * months prior to the Effective Date of the Agreement have had Infrastructure preparation completed as described in Section 7.4 and (b) Brazilian travel agents and other related producers (e.g. tour operators, consolidators, etc.) who produced * % of TAM's domestic point of sale passenger revenue in the preceding * months prior to the Effective Date of the Agreement have had access to training on the Technology Solution or (iii) the * Brazilian travel agencies, including * % of their branches, or related producers, who produced the most revenue for TAM in the preceding * months (a) have had access to training on the Technology Solution and (b) of these * top producers, all Sabre Subscribers have had Infrastructure preparation completed as described in Section 7.4.
Suspension Date. The [****] day after Maxygen’s receipt from Avidia of any report described in Section 5.4.1(a) above shall be deemed a “Suspension Date.” After such Suspension Date, Maxygen may not exercise any further Target Options; provided, if (i) such [****] Change of Control does not occur within [****] days of Avidia’s notice to Maxygen [****], or within [****] thereof [****], if any regulatory ruling or government consent * Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. is required for such Change of Control, or (ii) Avidia has abandoned its discussions pertaining to such [****] Change of Control, then upon the earlier to occur of such events, Avidia shall promptly notify Maxygen and such Suspension Date shall no longer be in effect, and Maxygen’s rights shall be reinstated as they were prior to such Suspension Date.
Suspension Date. Your last day of full-time work with the Company as Senior --------------- Vice President of Sales was February 26, 2001 (the "Suspension Date"). From the Suspension Date until the Effective Date (as defined below under the ADEA Waiver heading), you have been and will remain an employee of the Company on an unpaid leave of absence (the "Leave Period"). During the Leave Period, except to the extent specified in this Agreement (and in that case only if the Agreement becomes effective), you will not receive any salary, you will not accrue any vacation benefits or other paid time off, and the vesting of any stock options, or lapse of any Company repurchase right on purchased stock, will be suspended. If the Effective Date does not occur prior to April 21, 2001, then unless otherwise elected at the sole discretion of the Company, your employment will be considered to have terminated effective as of February 26, 2001, and you will not receive any of the benefits set forth below. In addition, if you do not accept this Agreement, the Company will exercise its repurchase right with respect to any Company shares that you obtained via an early exercise provision. During the Leave Period, you will not be required, nor are you authorized, to conduct any activities on behalf of the Company except as specifically requested by the Company.

Related to Suspension Date

  • Lock-Up Period Participant hereby agrees that Participant shall not offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or indirectly, any Common Stock (or other securities) of the Company or enter into any swap, hedging or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any Common Stock (or other securities) of the Company held by Participant (other than those included in the registration) for a period specified by the representative of the underwriters of Common Stock (or other securities) of the Company not to exceed one hundred and eighty (180) days following the effective date of any registration statement of the Company filed under the Securities Act (or such other period as may be requested by the Company or the underwriters to accommodate regulatory restrictions on (i) the publication or other distribution of research reports and (ii) analyst recommendations and opinions, including, but not limited to, the restrictions contained in NASD Rule 2711(f)(4) or NYSE Rule 472(f)(4), or any successor provisions or amendments thereto). Participant agrees to execute and deliver such other agreements as may be reasonably requested by the Company or the underwriter which are consistent with the foregoing or which are necessary to give further effect thereto. In addition, if requested by the Company or the representative of the underwriters of Common Stock (or other securities) of the Company, Participant shall provide, within ten (10) days of such request, such information as may be required by the Company or such representative in connection with the completion of any public offering of the Company’s securities pursuant to a registration statement filed under the Securities Act. The obligations described in this Section 4 shall not apply to a registration relating solely to employee benefit plans on Form S-1 or Form S-8 or similar forms that may be promulgated in the future, or a registration relating solely to a Commission Rule 145 transaction on Form S-4 or similar forms that may be promulgated in the future. The Company may impose stop-transfer instructions with respect to the shares of Common Stock (or other securities) subject to the foregoing restriction until the end of said one hundred and eighty (180) day (or other) period. Participant agrees that any transferee of the Option or shares acquired pursuant to the Option shall be bound by this Section 4.

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