Cool Down Period definition

Cool Down Period has the meaning ascribed thereto under Article 2.1 (Issuance of the Bonds);
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Cool Down Period means a number of Trading Days, starting as from each Closing Date, during which the Issuer shall not be entitled to issue a new Tranche without the Investor’s prior written consent. The duration of the Cool Down Period shall be equal to forty (40) Trading Days following the Closing Date of each relevant Tranche. In the case where a Cool Down Period is ongoing, and:
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Cool Down Period means a period following a Closing Date during which the Issuer may only issue a new Tranche at the Investor’s option which shall be (a) with respect to the First Tranche, the period from the First Issuance Date up to the Second Issuance Date, (b) with respect to the Second Tranche, the period from the Second Issuance Date up to the Third Issuance Date, (c) with respect to the Third Tranche, a period of fifty (50) Trading Days following the Closing Date of the Third Tranche and (d) with respect to the Fourth Tranche and each Subsequent Tranche the lesser of (i) thirty (30) Trading Days following the Closing Date of the relevant Tranche and (ii) the period defined by the formula below and expressed in Trading Days: Agreement for the Issuance and Subscription of Convertible Notes 5 Cool Down Period = Where:
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Examples of Cool Down Period in a sentence

  • Notwithstanding anything to the contrary in this Agreement, the Investor shall also have the right to exercise its Investor Call in accordance with this Clause 2.3.1 even if (i) no Tranches have been drawn down by the Issuer and (ii) a Cool Down Period is ongoing.


More Definitions of Cool Down Period

Cool Down Period means a period of In the case where a Cool Down Period is ongoing, and:
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Cool Down Period means a period of one hundred (100) trading days.
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Cool Down Period means a period of seven (7) days from the date that Digital Assets are unstaked.
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Cool Down Period means a period, starting as from each Closing Date, during which the Issuer shall not be entitled to issue a new Tranche without the Investor's prior written consent, whose duration shall be of twenty (20)
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Cool Down Period means the amount of trading days during which the Corporation shall not be entitled to issue Securities pursuant to a subsequent Closing without the Investor’s prior written consent and will be determined by the below formula (rounded to the nearest whole number): Trading days And with, V= Value of the tranche of Debentures to be issued in USD *Calculated as at the date of the most recent Closing Date (trimmed for 5% of the outliers, which in this case would mean removing the highest and the lowest value when calculating the 40-day average daily value traded) in USD.
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Related to Cool Down Period

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • Start-up Period means up to a maximum of 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age-range of the Academy will have some pupils present).

  • Minimum Hire Period means the Minimum Hire Period as described on the invoices, quotation, authority to hire, or any other forms as provided by the Supplier to the Client.

  • Run-Out Period means a period after the close of a Plan Year or other period during which Participants in a flexible spending arrangement (FSA) may request reimbursement for expenses incurred during the Period of Coverage.

  • PAGA Period means the period from May 1, 2020 to November 7, 2022.

  • Billing Period means (subject to Article 6.1 of the Agreement) the calendar month ending with the Metering Date. The first Billing Period shall commence from the Commercial Operation Date and end with the Metering Date corresponding to the month in which the Commercial Operation Date occurs.

  • Negotiation Period has the meaning given in Clause 5.10;

  • Shipment Date means the date for shipment of Product requested by Buyer in a Purchase Order.

  • extended reduction period means the period for which a person is in receipt of an extended reduction in accordance with paragraph 89, 96 or 101;

  • Rectification Period means the period of time set out in Section 4.3 of this RFP during which a Proponent will be permitted to rectify its Proposal to satisfy the mandatory submission requirements of this RFP.

  • Shut down means a condition or conditions wherein a piece of equipment or system cannot be operated by the device or control that a homeowner should normally use to operate it. If its safety switch or circuit breaker is in the "off" position, or its fuse is missing or blown, the inspector is not required to reestablish the circuit for the purpose of operating the equipment or system.

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;

  • Extended Period As defined in Section 9.04(b).