Clearing Date definition

Clearing Date shall be the date on which the Investor receives the Put Shares as DWAC Shares in its brokerage account.

Clearing Date shall be the date on which the Investor receives the Put Shares in its brokerage account.

Clearing Date means the date on which the Estimated Advance Shares have been deposited into the Investor’s brokerage account and the Investor’s broker has confirmed with the Investor that such Estimated Advance Shares have cleared into Investor’s brokerage account and the Investor may execute trades of such Estimated Advance Shares.

Examples of Clearing Date in a sentence

• The Pricing Period with respect to such Drawdown Notice shall begin on the first (1st) Trading Day immediately following the applicable Clearing Date.

• This may ultimately delay any applicable Drawdown Notice Date, Clearing Date, Advance Shares True-Up Date, and Closing Date related to a Drawdown Notice.

• The Clearing Date will be reported to Issuer, and Issuer will issue Reset Shares if needed.

• The Company acknowledges and agrees that the Investor may sell shares of the Company’s Common Stock relating to a particular Drawdown Notice, including, without limitation, all of the Estimated Advance Shares delivered on the Clearing Date with respect to such Drawdown Notice, at any time after the Drawdown Notice is received by the Investor.

• Subject to the terms, conditions and limitations of this Agreement, the Investor promptly shall notify the Company in writing of the occurrence of the Clearing Date associated with a Drawdown Notice.

More Definitions of Clearing Date

Clearing Date means the first entire Business Day that the Investor holds the Purchase Notice Shares in its brokerage account and is eligible to trade shares.

Clearing Date means the first entire Business Day on which the Investor receives the DWAC Shares set forth in the Purchase Notice in its brokerage account.

Clearing Date the first date upon which both (i) the Exchange Shares under any Exchange Notice have been deposited into the Investor’s designated brokerage account, and (ii) the Investor has thereafter received confirmation from its brokerage firm that it may execute trades involving such Exchange Shares.

Clearing Date shall be the date when the Holder has commenced selling the converted shares.

Clearing Date shall be the date in which the Estimated Put Shares (as defined in Section 2.2(a)) have been deposited into the Investor's brokerage account.

Clearing Date means ten business days after the date that the Put Shares have been accepted and cleared by Investor’s brokerage firm.

Clearing Date means the first entire Business Day on which the Investor receives the DTC Shares set forth in the Purchase Notice in its brokerage account.