60-Day Period definition

60-Day Period means the 60-day period specified in Section 1110(a)(2)(A) of the Bankruptcy Code.
60-Day Period shall have the meaning set forth in Section 1.04(a) hereof.
60-Day Period means any period of 60 consecutive calendar days on which the Company’s common stock trades on the Nasdaq Stock Market and (II) “Average Stock Price” is calculated by averaging the closing price of the Company’s common stock for each trading day that occurs during the 60 Day Period (for calendar days during the 60 Day Period that are not trading days, the closing price on such days shall be deemed to be the closing price on the most recent previous trading day) (e.g., the closing price on a Saturday will be deemed to equal the closing price on Friday, the day before). Except as otherwise specifically provided herein or in the Employment Agreement, there shall be no proportionate or partial vesting in the periods prior to each Vesting Date, and all vesting shall occur only on the appropriate Vesting Date. Upon the termination of the Optionee’s Continuous Service, any unvested portion of the Option shall terminate and be null and void.

Examples of 60-Day Period in a sentence

  • If the sixty (60)-day period following a “separation from service” begins in one calendar year and ends in a second calendar year (a “Crossover 60-Day Period”), then any severance payments that would otherwise occur during the portion of the Crossover 60-Day Period that falls within the first year will be delayed and paid in a lump sum during the portion of the Crossover 60-Day Period that falls within the second year.

  • If the sixty (60)-day period following a “separation from service” begins in one calendar year and ends in a second calendar year (a “Crossover 60-Day Period”), then any severance payments contingent upon a release and that would otherwise occur during the portion of the Crossover 60-Day Period that falls within the first year will be delayed and paid in a lump sum during the portion of the Crossover 60-Day Period that falls within the second year.

  • Notwithstanding anything herein to the contrary, no provision of this Section 4.01(c) relating to Section 1110 or the 60-Day Period shall apply prior to the Plan Effective Date.

  • If the sixty (60)-day period following a “separation from service” begins in one calendar year and ends in a second calendar year (a “Crossover 60-Day Period”), then any severance payments contingent upon the Release and that would otherwise occur during the portion of the Crossover 60-Day Period that falls within the first year will be delayed and paid in a lump sum during the portion of the Crossover 60-Day Period that falls within the second year.

  • You shall not offer the Marketed Interest to any other party during the 60-Day Period.

  • The following definitions apply for the purposes of this Schedule 4: 60-Day Period means the 60 calendar days preceding the calendar day that relates to the first Trading Interval for which the calculation is made.

  • If you learn of the loss, theft, compromise, or unauthorized use of your login ID and/or password and you inform us of such issue, but NOT within 2 Business Days of learning of such issue, and if we can prove that we could have stopped someone from conducting such improper transaction or unauthorize use or access if you had informed us, you could lose up to $500; provided, such untimely notice to us is given before the end of the 60-Day Period for an issue reflected on such statement.

  • During the 90-Day Period and 60-Day Period, Caterpillar shall have access to the Product License, but shall pay the finally-determined royalty for use during those periods and thereafter.

  • Day Period and that is effective for a period not longer than three months from the expiry of the 60-Day Period).

  • If the sixty (60)-day period following a “separation from service” begins in one calendar year and ends in a second calendar year (a “Crossover 60-Day Period”), then any Severance Payments contingent upon the Release and that would otherwise occur during the portion of the Crossover 60-Day Period that falls within the first year will be delayed and paid in a lump sum during the portion of the Crossover 60-Day Period that falls within the second year.


More Definitions of 60-Day Period

60-Day Period has the meaning specified in Section 6.03(a).
60-Day Period is defined in Section 1.5 of this Agreement.
60-Day Period means a 60 day period commencing on the day a Lessee Bankruptcy Event or an Indenture Event of Default pursuant to Section 4.01(f), (g), (h) or (i) of any Indenture has occurred.
60-Day Period means the 60-day period prior to the CEO’s notice to the Company under this Section 1.19(C) of the CEO’s notice to the Company and the Employer of the initial existence of the condition(s) constituting Good Reason;
60-Day Period means any period of 60 consecutive calendar days on which the Company’s common stock trades on the Nasdaq Stock Market and (II) “Average Stock Price” is calculated by averaging the closing price of the Company’s common stock for each trading day that occurs during the 60 Day Period (for calendar days during the 60 Day Period that are not trading days, the closing price on such days shall be deemed to be the closing price on the most recent previous trading day) (e.g., the closing price on a Saturday will be deemed to equal the closing price on Friday, the day before). Notwithstanding any other provision of Section 2(a), if the Company is acquired by a third party at a stock price per share equal to or greater than one of the thresholds set forth in Section 2(a) above, the applicable shares of common stock subject to the Stock Options shall vest in accordance with such threshold regardless of whether the Company’s closing trading stock price exceeds such threshold for such period of time as set forth above.