Examples of Conditional Period in a sentence
With reference to the announcements made on 13 January 2017, 27 November 2017 and 26 January 2018 in relation to the above, NWPBu and Dato’ Ismail have mutually agreed to extend the Conditional Period for the SSA to 13 April 2017, 31 December 2017 and 31 March 2018 respectively.
The Security Interest will not be automatically released on the last day of the Conditional Period with respect to payment of any amount payable under an Indemnified Amount Notice.
The Security Interest will automatically be released on the last day of the Conditional Period with respect to payment of any ILUA Termination Amount but without prejudice to any rights or obligations that existed on or before that date.
B11 Corporate Exercises (cont’d) On 14 July 2020, TTSB and IWH had vide an exchange of letters dated 14 July 2020 agreed to extend the Conditional Period for another 6 months i.e. from 21 August 2020 to 20 February 2021 for the Parties to fulfill the Conditions Precedent set out in the SPAs. RHB Investment Bank, on behalf of the Company had sought an extension of time until 21 March 2021 to submit the draft Circular in relation to the above Proposals.
For example, for η = 50%, the doubling efficiency would need to be greater than 2/3.
ILUA Termination Event has the meaning given in the ILUAs. ILUA Termination Default means the occurrence of an event whereby the Trustee is served any ILUA Termination Notice during the Conditional Period and fails to pay the State the ILUA Termination Amount on the date specified for payment under the Trust Deed.
In the event that any of the Conditions Precedent is not obtained or fulfilled on or before the Conditional Period, or such other date as may be mutually agreed upon by the Parties in writing, either Party may by giving notice in writing to the other Party to terminate the Agreements.
On 13 January 2017, the Board announced that NWP Builders Sdn Bhd and Dato’ Ismail Bin Hassan have mutually agreed to extend the Conditional Period for the SSA to 13 April 2017.
On 02/10/2018,The Board of Directors of MQ Tech (Company) has entered into a third supplemental agreement to the SSA with the Purchaser to extend the Conditional Period for a further term of Six (6) months from 02 October 2018 to 01 April 2019 in order to facilitate the fuilfilment of Conditions Precedent.
The State may only issue an ILUA Termination Notice prior to the Conditional Period Expiry Date which is 20 years from settlement effective date.