Acceleration Trigger Date definition

Acceleration Trigger Date means the Expiry Date specified by the Company on the Acceleration Notice, which shall be not less than 30 days after the occurrence of the Acceleration Trigger;
Acceleration Trigger Date has the meaning set forth in Section 4(a) hereof.
Acceleration Trigger Date in section 1.1 of the Indenture in its entirety.

Examples of Acceleration Trigger Date in a sentence

  • The Company shall give written notice to the warrant holders specifying the earlier time of expiry of the Warrants within three (3) Business Days of the Acceleration Trigger Date.

  • If the closing price of the Horn Shares on the Exchange is greater than $2.00 for a period of 30 consecutive trading days, then on the date that is the 30th consecutive trading date (the “Acceleration Trigger Date”) the expiry of the Warrant shall be accelerated to that date that is 20 business days after the Acceleration Trigger Date.

  • The Warrants contain an acceleration provision providing that if, after November 25, 2015, the closing price of the Units on the TSX Venture Exchange is higher than $1.50 for 20 consecutive trading days, then on the 20th consecutive trading day (the “AccelerationTrigger Date”) the expiry date of the Warrants will be accelerated to the 10th business day after the Acceleration Trigger Date.

  • Each Option will expire at 5.00pm (Melbourne time) on the earlier of: ▪ 20 December 2024; and ▪ 20 business days after the Acceleration Trigger Date, (Expiry Date).An Option not exercised before 5.00pm (Melbourne time) on the Expiry Date will automatically lapse at that time.

  • These figures put New Zealand eighth among the OECD countries (Statistics New Zealand, 2010).

  • Similar nature of work will be as defined by the Railway Authority.- Financial Capacity: The Proponent must submit its Audited Annual Reports of last three financial years immediately preceding the date of submission of proposal so as to assess its financial capacity by the Railway.

  • On the 20th consecutive trading day above $1.75 (the “Acceleration Trigger Date”), the Warrants’ expiry date may be accelerated to 30 trading days after the Acceleration Trigger Date by the issuance of a news release announcing such acceleration, within two trading days of the Acceleration Trigger Date.

  • To determine the number of credit hours required to successfully complete during the academic year or cumulatively to remain in compliance, multiply the number of hours for which the student is enrolled at the end of the drop/add period of the semester by 0.70 (70%) rounded down to the nearest whole credit hour.

  • The options will expire on the earlier of 20 December 2024 and 20 business days after the Acceleration Trigger Date (or date that the ATL 1102 Phase IIb in DMD facility analysis results are announced by the Company on the ASX).In 07 June 2022, ASX combined the free-attaching options under one option code (ANPAF) as all were issued under the same terms.

  • Each Option will expire at 5.00pm (Melbourne time) on the earlier of:  20 December 2024; and  20 business days after the Acceleration Trigger Date, (Expiry Date).An Option not exercised before 5.00pm (Melbourne time) on the Expiry Date will automatically lapse at that time.

Related to Acceleration Trigger Date

  • Acceleration Event means the occurrence of an Event of Default (a) in respect of which Agent has declared all or any portion of the Obligations to be immediately due and payable pursuant to Section 10.2, (b) pursuant to Section 10.1(a), and in respect of which Agent has suspended or terminated the Revolving Loan Commitment pursuant to Section 10.2, and/or (c) pursuant to either Section 10.1(e) and/or Section 10.1(f).

  • Change of Control Triggering Event means the occurrence of both a Change of Control and a Rating Event.

  • Covenant Trigger Event shall occur at any time that Availability is less than the greater of (a) $12.5 million and (b) 10% of the Line Cap then in effect. Once commenced, a Covenant Trigger Event shall be deemed to be continuing until such time as Availability equals or exceeds the greater of (i) $12.5 million and (ii) 10% of the Line Cap then in effect for 30 consecutive days.

  • Debt Repayment Triggering Event means any event or condition which gives, or with the giving of notice or lapse of time would give, the holder of any note, debenture or other evidence of indebtedness (or any person acting on such holder’s behalf) the right to require the repurchase, redemption or repayment of all or a portion of such indebtedness by the Company or any of its subsidiaries.

  • Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Final Trigger Level means 85.00%, being a percentage against which the performance of the Index will be measured in order to determine the Final Redemption Amount.

  • Triggering Event means any Section 11(a)(ii) Event or any Section 13 Event.

  • Trigger Event Date means a date on which a Trigger Event has occurred as determined by the Calculation Agent.

  • Amortization Event has the meaning specified in Article IX.