Confirmation Period definition

Confirmation Period means a period of 3 days from the Signature Date by the Purchaser or such longer period as may be agreed to between the parties in writing;

Confirmation Period means the period during which a seller must either confirm or reject an offer made by the highest bidder after the completion of an auction. The highest bidder is bound by the Rules of Auction and shall not have the opportunity to withdraw his/her offer until the seller has confirmed the sale, or the predetermined confirmation period has expired.

Confirmation Period means the period during which the SELLER must either accept and confirm or reject an OTP signed by the highest bidder declared the PURCHASER after the completion of an auction. The PURCHASER is bound by the OTP and shall not have the opportunity to withdraw his / her offer until the SELLER has confirmed the OTP, or the predetermined CONFIRMATION PERIOD has expired;

Examples of Confirmation Period in a sentence

• The Broker must then execute and return by email the Commitment Letter within the Confirmation Period defined in such Commitment Letter, otherwise it will lapse.

• The collective impairment provisions of the Company are defined as the sum of incurred losses for both counterpart credit risk and country risk, adjusted for the following parameters: • Loss Confirmation Period (LCP): the Company has opted for a LCP of 1 year given the predominantly corporate structure of the portfolio, and• Concentration Index: the concentration factor is applied to all counterparties with Large Corporate Regulatory Segmentation and validated rating models developed at Parent level.

• A Participant who fails to return the completed Acceptance Form before the expiry of the Confirmation Period will be deemed to have refused the Offer and the Restricted Stock Units.

• Subject to availability, requests for usage of Space Available Time at the Home Club will be confirmed by the Program Manager after clearing any applicable Wait List, but in no event prior to the Space Available Confirmation Period, of up to a maximum of seven (7) evenings.

• If Buyer provides evidence during the Confirmation Period of any UCC Financing Statements naming a Transferor or any of its affiliates as debtor and encumbering a Property (whether in connection with mortgages, deeds of trust or personal property financings which are not assumed by Buyer), then Transferors shall use reasonable efforts to cause the release of such UCC Financing Statements as soon as practicable after the closing.

More Definitions of Confirmation Period

Confirmation Period means the period commencing on the date of this Agreement, and ending at 5:00 p.m., California time on April 8, 1999, provided that the Confirmation Period may end earlier at Buyer's election upon delivery by Buyer to Transferors of the Confirmation Letter (representing the conclusive waiver by Buyer of any further Confirmation Period).

Confirmation Period has the meaning ascribed to such term in subsections (d) (i) (y) of Clause Fourth hereof.

Confirmation Period shall have the meaning ascribed to such term in Section 7.2(d) hereof.

Confirmation Period means the period commencing on June 3, 1998, and ending at 5:00 p.m. Eastern Standard Time on July 8, 1998; provided, however, that the Confirmation Period may expire earlier, at Acquiror's election, upon delivery by Acquiror to Contributor of the Confirmation Letter, in which event Acquiror shall be deemed to have absolutely and conclusively waived any further Confirmation Period.

Confirmation Period has the meaning set forth in Section 2.2(b).

Confirmation Period is defined in Section 3.6.

Confirmation Period means a period of 3 (THREE) days from the Signature Date by the Purchaser or such longer period as may be agreed to between the parties in writing;