Examples of Closure period in a sentence
Notwithstanding the foregoing, if a Conversion Date in respect of this Note would otherwise fall during a period in which the register of ADSs of the Depositary is closed generally or for the purpose of establishing entitlement to any distribution or other rights attaching to the ADSs (a “Book Closure Period”), such Conversion Date will be postponed to the first Trading Day following the expiry of such Book Closure Period.
Tenant shall continue to pay Rent during the Closure Period, except for through-put charges due to Landlord under this Lease.
If such Business Day falls within the Book Closure Period (as defined in the Indenture) then the Conversion Date will be the Business Day following the last day of the Book Closure period.
The term “Wind-Down Costs” shall mean the estimated reasonable expenses owed to Persons (other than any Party or its Affiliates) which New University is, or will be, obligated to pay to fulfill its educational obligations to students, its obligations to faculty and other employees (including severance), and such other reasonable expenses, including lease obligations and contingent liabilities (or insurance covering such liabilities), during the Closure Period and, to the extent applicable, thereafter.
During any Closure Period, Tenant shall have the right and option, at Tenant's cost and expense, to operate the Elevator for the benefit of the Project, including fulfilling Landlord's obligations for operation of the Elevator under this Lease, including specifically those in Articles 6 and 11.