Appraisal Date definition

Appraisal Date means each sixth-month anniversary of the Effective Date.

Appraisal Date. The earlier to occur of (a) the date of issuance of the Issuer's "Series 2002-1 Notes" and (b) April 15, 2002 (or if such day is not a Business Day, the next succeeding Business Day), and, thereafter, each anniversary (or if such day is not a Business Day, the next succeeding Business Day) of the occurrence of such earlier date.

Appraisal Date has the meaning set forth in Section 11.4 of this Agreement.

Examples of Appraisal Date in a sentence

• The risk reductions shall be subject to upward or downward adjustment by the General Partner if, during the period between the Appraisal Date and the Effective Date (as defined in Section 15.5), there has been a material increase or decrease in the current price of oil or gas or in the estimated amount of the Partnership's Proved Reserves.

• As of December 31, 1992 and annually thereafter (the "Appraisal Date") the General Partner shall appraise the Proved Reserves and other assets of the Partnership pursuant to the provisions set forth herein and shall assign a repurchase price (the "Repurchase Price") to the Unit Holders' Units in the Partnership in accordance with the provisions set forth herein.

• Upon completion of the appraisal of the Partnership's assets as of the Appraisal Date, the General Partner shall notify each Unit Holder of the Repurchase Price and his proportionate share thereof and either the General Partner or one of its Affiliates will offer to purchase such Unit Holder's Units in exchange for such Unit Holder's proportionate share of the Repurchase Price (a "Repurchase Offer").

• The Repurchase Price shall be recalculated monthly with the Repurchase Price being reduced by the amount of any cash distributions to Unit Holders during the period from the Appraisal Date to the date of the payment of the Repurchase Price and shall otherwise be adjusted to reflect the effect of material operations during such period, including a material increase or decrease in the current price of oil or gas or in the estimated amount of the Partnership's Proved Reserves.

• The Repurchase Price shall be recalculated monthly with the Repurchase Price being reduced by the amount of any cash distributions to Unit Holders during the period from the Appraisal Date to the date of the payment of the Repurchase Price and shall otherwise be adjusted to reflect the effect of material operations during such period.

More Definitions of Appraisal Date

Appraisal Date means December 31, 2001.

Appraisal Date means each of (a) the date of the appraisal conducted prior to the Effective Date, (b) any date upon which the Agent receives results of an appraisal conducted by an Eligible Appraiser at the Agent's request in accordance with Section 7.4 and (c) any other date on which results are received by the Agent of an appraisal conducted by an Eligible Appraiser at any Borrower's request or, if an Event of Default exists, the Agent's request.

Appraisal Date means December 31, 1998.

Appraisal Date means December 31, 2012.

Appraisal Date means the “cut off” date or “reference” date for the most recent appraisal ordered by the Administrative Agent in accordance with Section 5.12.

Appraisal Date means, with respect to any appraisal delivered to the Administrative Agent in accordance with the terms hereof, the last day of the month in which the applicable Appraisal Effective Date occurs.

Appraisal Date as used in this paragraph shall mean: (a) the date or dates on which the appraisals conducted during 1980 were completed, which appraisals were delivered by the Company on January 5, 1981; and (b) thereafter, such later date or dates, if any, which is five years after the last previous appraisal date under this Indenture, provided that the Company may, at its option by thirty days' written notice to the Trustee, fix any appraisal date at any date which is not less than two and one-half years nor more than five years after the last previous appraisal date under this Indenture.