Examples of Buyback Notice in a sentence
So long as no Event of Default has occurred and is continuing on both the date a Borrower Buyback Notice (as defined below) is delivered to the Administrative Agent and Lenders and the date a Borrower Buyback (as defined below) is made (both immediately before and after giving effect thereto), Borrower shall be permitted to make voluntary prepayments of Loans at any time and from time to time (each, a “Borrower Buyback”) during the term of this Agreement pursuant to the provisions of this clause (j).
So long as no Default or Event of Default has occurred and is continuing on both the date a Discounted Buyback Notice (as defined below) is delivered to Agent and Lenders and the date a Discounted Buyback (as defined below) is made (both before and after giving effect thereto), Borrower shall be permitted to make voluntary prepayments of the Term Loans from internally generated funds (each, a “Discounted Buyback”) during the term of this Agreement pursuant to the provisions of this Section 2.7(d).
The closing of such Buyback Event shall occur no later than the later of (x) 60 days following the receipt of any regulatory approvals required in connection with such Buyback Right and (y) 60 days following the delivery of a Buyback Notice.
Any 2016 ZDP Shareholder wishing to accept such buyback offer must give the Issuer written notice of such acceptance within 20 business days of receipt of such Buyback Notice and any 2016 ZDP Shareholder accepting such buyback offer will receive payment for their 2016 ZDP Shares within 10 business days of receipt of the Buyback Notice.
If the Company fails or declines to provide the Buyback Notice within the Buyback Period in accordance with this Section 10(d), the Company shall have no rights to purchase the Subscribed Shares from the Subscriber.