Cap Termination Date definition

Cap Termination Date means the first date, if any, on which the Requisite NYSE Shareholder Approval has been obtained and the Authorized Share Amendment Effective Date has occurred.
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Examples of Cap Termination Date in a sentence

  • If the Company does not elect a Settlement Method prior to the deadline set forth in the immediately preceding sentence, the Company shall no longer have the right to elect Cash Settlement or Combination Settlement and the Company shall be deemed to have elected Physical Settlement in respect of its Conversion Obligation, subject to the second sentence of Section 14.02(a) at all times prior to the Cap Termination Date.

  • At any time after the Cap Termination Date has occurred, the Company may irrevocably elect to satisfy its Conversion Obligation with respect to the Notes to be converted after the date of such election by delivering cash up to the aggregate principal amount of Notes to be converted, and Common Shares, cash or a combination thereof in respect of the remainder, if any, of its Conversion Obligation.

  • The Transferor will obtain and at all times prior to a date (the "Cap Termination Date") which is twenty-seven months after the later of a Special Termination Date and Termination Date, as each may be extended, maintain one or more interest rate caps (collectively, "Interest Rate Caps"), the notional amounts of which, individually or in the aggregate, shall equal or exceed the outstanding balance of the Net Investments.