Examples of Commitment Outside Date in a sentence
The closing of the transactions contemplated hereby (the “Closing”) will occur on or before the Commitment Outside Date, unless extended by the mutual consent of the Parties (the “Closing Date”).
If the Closing has not occurred by the Commitment Outside Date, then the Backstop Fee shall be issued on the Commitment Outside Date unless (i) a Backstopper Default has occurred and has not been remedied; (ii) any of the conditions set forth in Section 7 hereof are not satisfied as of the Commitment Outside Date; or (iii) the Agreement has been terminated in accordance with Sections 8(a)(iii), 8(b)(B)(i) or 8(b)(B)(ii).
Unless previously terminated, the Commitments shall automatically terminate on the Commitment Outside Date.
Accrued Ticking Fees shall be payable in arrears on the last Business Day of each March, June, September and December of each year, commencing on the first such date to occur after the 90th day after the Effective Date and ending on the earlier of the Commitment Outside Date and the date of termination of all the Commitments.
If the Closing has not occurred by the Commitment Outside Date, then the Backstop Fee shall be issued on the Commitment Outside Date unless (i) a Backstopper Default has occurred and has not been remedied; (ii) any of the conditions set forth in Section 7 hereof are not satisfied as of the Commitment Outside Date; or (iii) the Agreement has been terminated in accordance with Sections 8(a)(iii), 8(b)(B) (i) or 8(b)(B)(ii).
Notwithstanding the foregoing, either Sellers or Purchaser may elect to continue pursuing such Loan Assumption by delivering written notice of such election to the other party on or before the Loan Assumption Commitment Outside Date (the “Extension Election”), in which event Sellers and Purchaser shall continue to pursue such Loan Assumption in accordance with the terms of this Section 11.
In order to achieve the aim of the work I used a historical approach and comparative analyses.
Unless the Final Effective Date has occurred, the Rights Offering will be deemed automatically terminated without any action or notice by any party upon the earlier of (i) termination of the Plan or rejection of the Plan by all classes entitled to vote, (ii) termination of the Backstop Commitment Agreement in accordance with its terms and (iii) the Commitment Outside Date (as such date may be extended pursuant to the terms of the Backstop Commitment Agreement).