Abandonment Date definition

Abandonment Date means with respect to any proposed transaction or tender offer, exchange offer or another transaction for which a public announcement as contemplated by this Paragraph C has been made, the date upon which the Corporation (in the case of clause (i) above) or the person, group or entity (in the case of clause (ii) above) publicly announces the termination or abandonment of the proposed transaction or tender offer, exchange offer or another transaction which caused this Paragraph C to become operative.

Abandonment Date means the date on which (A) an Acquisition Agreement, Asset Sale Agreement or Plan of Liquidation is terminated (pursuant to its terms or otherwise) without having been consummated, (B) the parties to an Acquisition Agreement or Asset Sale Agreement abandon the transactions contemplated thereby, (C) the Bank or the Company abandons a Plan of Liquidation or (D) a court or regulatory body having competent jurisdiction enjoins or issues a cease and desist or stop order with respect to or otherwise prevents the consummation of, or a regulatory body notifies the Bank or the Company that it will not approve, an Acquisition Agreement, Asset Sale Agreement or Plan of Liquidation or the transactions contemplated thereby and such injunction, order or notice has become final and not subject to appeal.

Abandonment Date has the meaning given to it in Section 3.2(d).

Examples of Abandonment Date in a sentence

• A&M SYSTEM may retain any prepaid portion of the Program Fees equal to the amount owed by TENANT for one month’s occupancy in addition to other fees and costs incurred by TENANT under the terms of this Agreement, and may re-let the Premises at any time after the Abandonment Date.

• Until the earlier of the Phase II Closing and the Abandonment Date, the Purchaser and their Representatives shall contact or communicate with the customers, suppliers and licensors of the Business in connection with the transactions contemplated hereby only with the prior written consent of the Seller, which shall not be unreasonably withheld or delayed and may be conditioned upon a designee of the Seller being present at any meeting or conference.

• If Purchaser intends to allow to lapse, abandon or surrender any part of the Property (the “Abandonment Property”), Purchaser shall give notice of such intention to Vendor and any subsidiary of Vendor at least 60 days in advance of the applicable date of expiration or the proposed date of abandonment or surrender (one or the other, an “Abandonment Date”) along with details of the Abandonment Date and of any encumbrance on the Abandonment Property.

• Following the Phase I Closing, the Purchaser shall maintain outstanding the Phase II Letter of Credit, or any substitute or replacement letter of credit thereto, until the earlier of (a) the Phase II Closing Date and (b) the resolution of any Proceeding initiated by the Seller within 60 days following the occurrence of an Abandonment Date at Purchaser’s election pursuant to Section 7.2 asserting a breach of this Agreement by Purchaser’s failure or inability to consummate the Phase II Closing.

More Definitions of Abandonment Date

Abandonment Date means the Abandonment Date as defined in Paragraph 36.

Abandonment Date means the date on which (a) an Acquisition Agreement, Asset Sale Agreement or Plan of Liquidation is terminated (pursuant to its terms or otherwise) without having been consummated, (b) the parties to an Acquisition Agreement or Asset Sale Agreement abandon the transactions contemplated thereby, (c) the Company abandons a Plan of Liquidation or (d) a court or regulatory body having competent jurisdiction enjoins or issues a cease and desist or stop order with respect to or otherwise prevents the consummation of, or a regulatory body notifies the Company that it will not approve, an Acquisition Agreement, Asset Sale Agreement or Plan of Liquidation or the transactions contemplated thereby and such injunction, order or notice has become final and not subject to appeal; or

Abandonment Date means, in relation to each Borrowing Base Asset and each Projection, the date shown in such Projection on which it is reasonably anticipated that such Borrowing Base Asset and/or the relevant facilities relating thereto will be abandoned.

Abandonment Date means, in relation to a Borrowing Base Asset at any time, the date on which the revenue received from the exploitation of such Borrowing Base Asset is less than the operating costs necessary to generate that revenue, as reasonably determined by the Technical Agent applying the underlying assumptions and data used in the most recently delivered Banking Case.

Abandonment Date has the meaning provided in Section 7.2(a);

Abandonment Date means, in relation to each Borrowing Base Asset, the date on which it is assumed that production of Petroleum from that Borrowing Base Asset will no longer be commercially viable and the operation of such Borrowing Base Asset will cease for economic reasons.

Abandonment Date shall have the meaning set forth in Section 3.5.