Backstop Deadline definition

Backstop Deadline has the meaning given to that term in Clause 6.3 (Accession and position disclosure).
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Examples of Backstop Deadline in a sentence

  • If that Backstop Party then acquires a further US$10,000,000 in principal amount of Senior Claims after the Backstop Deadline and transfers US$5,000,000 in principal amount of its Senior Claims to any person, that person shall not be deemed to be a Backstop Party.

  • Backstop Parties should also notify the Information Agent if they are exercising their Further Backstop Election by the Backstop Deadline.

  • In addition, each Subscriber may satisfy its obligation to make the Backstop Purchase by purchasing Private Purchase Shares from shareholders that have delivered shares of Common Stock for redemption during the period from the Backstop Deadline to the commencement of the Special Meeting.

Related to Backstop Deadline

  • Closing Deadline means the date and time specified on the RFP Cover Page or any Addenda issued by TO LIVE, as the date and time by which Proponents must submit their Proposal;

  • Opt-Out Deadline means the date identified in the Preliminary Approval Order and Class Notice by which a Request for Exclusion must be filed in writing with Class Counsel (or the Administrator) for a Settlement Class Member to be excluded from the Settlement Class. The Opt-Out Deadline shall be no later than 30 days before the Final Approval Hearing.

  • Backstop Agreement means that certain backstop commitment agreement by and among the Backstop Parties, Valaris, and the other Debtor parties thereto, as amended by that certain amended backstop commitment agreement, dated February 5, 2021, by and among the Backstop Parties, Valaris, and the other Debtor parties thereto, as may be further amended, supplemented, or modified from time to time, setting forth, among other things, the terms and conditions of the Rights Offering and the Backstop Commitments, attached as Exhibit 2 to the Restructuring Term Sheet.

  • Consummation Deadline As defined in Section 3(b) hereof.

  • Extension Deadline means, with respect to a letter of credit, the Cutoff Time on the Business Day preceding the day on which the letter of credit expires.