Examples of Clawback Date in a sentence

As the Clawback Date of March 1, 2021 has passed and the required gross revenue milestones were not met by CBIO, 3,450,000 common shares were cancelled and returned to treasury (Note 5).
The aggregate of 6,900,000 shares will be held in escrow by the Company and released to the CBIO shareholders as follows: • 1,725,000 shares on the date that is five business days from the end of any three month period following the Closing Date and before March 1, 2021 (the "Clawback Date") in which CBIO generates $500,000 or more in gross revenue in such three month period.
Any shares remaining in escrow on the Clawback Date will be cancelled and returned to treasury.
Section 106 Agreements normally contain a Clawback Date where financial contributions are made.

More Definitions of Clawback Date

Clawback Date means (i) with respect to any payment default, 60 days after the occurrence thereof and (ii) with respect to any other Event of Default, 60 days after the Senior Subordinated Notes Trustee and holders of the Senior Subordinated Notes knew or, in the exercise of reasonable diligence, should have known, of such Event of Default.

Clawback Date means (i) with respect to any Payment Default (as hereinafter defined), 60 days after the occurrence thereof, (ii) with respect to any Event of Default caused by the failure by the Credit Parties to comply with the provisions of Section 7.8 of the Notes Purchase Agreement for any period of time, 60 days after the Agent and Holders shall have received the financial statements and Compliance Certificate required to be delivered in respect of such period then most recently ended pursuant to Section 7.3 of the Notes Purchase Agreement and (iii) with respect to any Event of Default other than those specified in clauses (i) and (ii), 60 days after the Agent and Holders knew or, in the exercise of reasonable diligence, should have known, of such Event of Default. As used herein, the term "Payment Default" shall mean any Event of Default under Section 9.1(a) or 9.1(b) of the Notes Purchase Agreement. No Payment Default shall be deemed to have been cured unless the full amount of the overdue payment to which such Payment Default relates shall have been paid in full prior to any acceleration of the Senior Indebtedness or unless waived by the then holders of the Senior Indebtedness as provided in the Notes Purchase Agreement.

Clawback Policy is defined in Section 14.
Prior Plan means the coverage provided on a group or group-type basis by the group insurance policy, benefit plan or service plan that was terminated on the day before the Effective Date of the Plan and replaced by the Plan.
Award Date means the date upon which the Committee took the action granting an Award or such later date as the Committee designates as the Award Date at the time of the Award.
ESPP means the Company’s Employee Stock Purchase Plan.
Payback Period means the reasonably estimated period of time that it takes for the cost savings resulting from a capital improvement to equal the total cost of the capital improvement. Landlord, by itself or through an affiliate, shall have the right to directly perform, provide and be compensated for any services under this Lease. If Landlord incurs Expenses for the Building or Property together with one or more other buildings or properties, whether pursuant to a reciprocal easement agreement, common area agreement or otherwise, the shared costs and expenses shall be equitably prorated and apportioned between the Building and Property and the other buildings or properties.