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

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.

Examples of Cool Down Period in a sentence

If parents respect the Cool Down Period, their concerns are MORE likely to be fully addressed in a reasonable discussion, when emotions are not as high.
Subject to the Cool Down Period and satisfaction (or waiver) of the conditions set forth in Article 4 (Conditions Precedent) below, the Subscriber agrees to, on each Issue Date, fully subscribe and pay for, or procure to be subscribed and paid for, the relevant number of Bonds issued in accordance with the provisions of the Agreement.
Notwithstanding the Cool Down Period, the Investor may, at its option, instruct the Corporation (Investor Call Notice) to drawdown up to eleven (11) Tranches (an Investor Call) subject to reduction as described below, in which case, the Corporation would be obliged to issue the Debentures subject to the Investor Call and the accompanying Warrants within three (3) trading days of receiving the Investor Call Notice.
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.
At the end of the Cool Down Period, Shopify may approve the launch of any additional third party merchant of record providers on the Shopify Platform and no exclusive relationship between the Parties shall apply to the GLBE 3P Services.
However, the Cool Down Period between the final issue date of the second Tranche and the issue date for the third Tranche shall end on 1 March 2024.
Your Digital Assets will only be returned to your wallet address after the Cool Down Period has ended.

More Definitions of Cool Down Period

Cool Down Period means a period of seven (7) days from the date that Digital Assets are unstaked.

Cool Down Period means a period of

Cool Down Period means a period of one hundred (100) trading days.

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)

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:

Cool Down Period means a period of maximum forty-five (45) Trading Days following the issuance of the first Tranche, during which the Issuer shall not be entitled to issue a new Tranche without the Investor’s prior consent.