Block Notice definition

Block Notice has the meaning assigned to such term in Section 13.04(b).
Block Notice means a Notice of Block (as defined in the Parent Guaranty) delivered by the Parent Guarantor pursuant to the Parent Guaranty suspending the right of the Company or a Subsidiary Applicant to obtain LOCs hereunder.
Block Notice shall have the meaning set forth in 2.3(a).

Examples of Block Notice in a sentence

  • From and after its receipt of a Block Notice, the Custodian shall only comply with Requests for Release and Receipt and Proper Instructions from the Collateral Agent (acting at the direction of the Administrative Agent) or Administrative Agent.

  • From and after its receipt of a Block Notice, the Custodian shall only comply with Proper Instructions from the Collateral Agent or Administrative Agent.

  • In the absence of receipt of the Block Notice, the Custodian may conclusively assume that there is no Event of Default unless it has actual knowledge of such occurrence.

  • From and after its receipt of a Block Notice, the Custodian and the Collateral Administrator shall only comply with Proper Instructions from the Collateral Agent (acting at the direction of the Administrative Agent) or Administrative Agent.

  • From and after its receipt of a Block Notice, the Custodian shall only comply with Proper Instructions from the Collateral Agent (acting at the direction of the Administrative Agent) or Administrative Agent.

  • From and after its receipt of a Block Notice, the Custodian and the Collateral Administrator, as applicable, shall only comply with Proper Instructions from the Collateral Agent (acting at the direction of the Administrative Agent) or Administrative Agent.

  • See Block Notice of Removal ¶ 29; Trice-Adams Notice of Removal ¶ 31.

  • If, at the end of the 60-day period (or 10-day period in the case of a Block Notice) following the expiration of the 30-day period (or 10-day period in the case of a Block Notice) for the Stockholders to purchase the Common Stock, the Selling Stockholder has not completed the sale of such shares of the Common Stock as aforesaid, all the restrictions on sale, transfer or assignment contained in this Agreement shall again be in effect with respect to such shares of the Common Stock.

  • Unless the Lender has delivered a Forced Conversion Block Notice within the time period set out in Section 4.2(d) hereof, the closing of the Forced Conversion transaction contemplated by delivery of the Forced Conversion Notice shall be completed on the 20th Business Day following delivery of the Forced Conversion Notice.

  • From and after its receipt of a Block Notice, the Document USActive 59109857.10 Custodian shall only comply with Requests for Release and Receipt and Proper Instructions from the Collateral Agent (acting at the direction of the Administrative Agent) or Administrative Agent.


More Definitions of Block Notice

Block Notice has the meaning given to it in clause 7.4 (Suspension of Permitted HY Subordinated Debt Payments and FRN Subordinated Debt Payments and Permitted HY Funding Loan Debt and FRN Funding Loan Debt Payments until the Senior Discharge Date).
Block Notice has the meaning given to such term in Section 2.3.
Block Notice has the meaning given to that term in Schedule 2 (Form of Notice).
Block Notice has the meaning set forth in Section 3.4(b).
Block Notice means a Notice of Block (as defined in the Guaranty) delivered by the Guarantor pursuant to the Guaranty suspending the right of the Borrower to obtain Term Loans hereunder.

Related to Block Notice

  • OJEU Notice means the contract notice published in the Official Journal of the European Union.

  • FOIA Notice means a decision notice, enforcement notice and/or an information notice;

  • CFIUS Notice means a joint voluntary notice with respect to the transactions contemplated by this Agreement prepared by the parties and submitted to CFIUS in accordance with the requirements of the DPA.

  • Minimum Offering Notice means a written notification, signed by Broker, pursuant to which the Broker shall represent (1) that subscriptions for the Minimum Offering have been received, (2) that, to the best of Broker’s knowledge after due inquiry and review of its records, Cash Investment Instruments in full payment for that number of Shares equal to or greater than the Minimum Offering have been received, deposited with and collected by NCPS, (3) and that such subscriptions have not been withdrawn, rejected or otherwise terminated, and (4) that the Subscribers have no statutory or regulatory rights of rescission without cause or all such rights have expired.