Clawback Date definition

Clawback Date means the earliest date on which Gibco shall have the right to exercise the Clawback Option pursuant to and in accordance with Section 3.07 of the Purchase Agreement.

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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 has the meaning given in Clause 6.2.1 (Special Provisions Regarding Carried Interest).

Examples of Clawback Date in a sentence

The Project Completion Date for any Project shall not have occurred by the applicable Project Completion Clawback Date.
The value of the Fund’s assets deemed to be distributed in such hypothetical final distribution shall be the Value on such Interim Clawback Date determined by the General Partner (subject to Section 13.2.5.5).
With respect to the first Direct Funding Disbursement, the Project Commencement Date shall have occurred no later than the Project Commencement Clawback Date.
With respect to the first Direct Funding Disbursement for each Project, the Project Commencement Date for such Project shall have occurred no later than the applicable Project Commencement Clawback Date.
With respect to the first Disbursement for each Project, the Project Commencement Date for such Project shall have occurred no later than the applicable Project Commencement Clawback Date.
The Project Completion Date shall not have occurred by the Project Completion Clawback Date.
To avoid doubt, the Clawback Date may fall outside the relevant Clawback Period, provided that the relevant Clawback Request was received by the Crown during the Clawback Period.

More Definitions of Clawback Date

Clawback Date means, in respect of any Clawback Land, the later of:

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 Date means March 1, 2021;