Examples of CP Period in a sentence
If the shareholders’ approval is not obtained within the CP Period, the SPA shall be terminated.
If the Shareholders Approval is not obtained within the CP Period, the sale and purchase of the Land shall be terminated whereupon the Purchaser’s solicitors shall return to: (a) the Purchaser the deposit together with the interest accrued thereon; and (b) the Vendor’s solicitors the documents received by the Purchaser’s solicitors under Clause 5 of the SPA, and thereafter neither party shall have any claim whatsoever against each other save and except for antecedent breach.
The SPA is conditional upon the approval of the Estate Land Board for the transfer of the Property from the Proprietor to the Purchaser ( “ELB Approval”) being obtained by or before the expiry of the CP Period (as defined in section 1(b) below) (“Condition Precedent”).
In the second experiments however the transitional phase imposes a higher probability on the role played by the hosts and newcomers: the firsts are more likely to act as speakers (teachers) and the seconds to b hearer (learners).
To approve the sixth period teaching assignment for Cherie McLaughlin, IHHS, Spanish I CP (Period 6) at the contractual stipend of $9,530, pro-rated, effective for the period February 14 - March 11, 2019.
Value-in-use was determined by discounting the future cash flows generated by applying the discount rate of 7.8% (2022: 7.1%) for AKLEH Co and 8.1% (2022: 7.9%) for LKSA Co. The rate used to discount future cash flows is subject to change in economic conditions and is reviewed annually.[In the event that the conditions precedent were not fulfilled by the respective Concession Companies within the conditions precedent period ("CP Period") or any extended period, SCAs 2022 shall be null and void.
If the CSPA Conditions Precedent cannot be fulfilled within the CSPA CP Period, the CSPA shall automatically terminate upon the expiry of the CSPA CP Period whereupon the Vendor’s solicitors shall refund the Earnest Deposit to FBO within 7 days of such termination and thereafter the CSPA shall be null and void and be of no further force or effect but without prejudice to any legal right or claim either party may have against the other in respect of any antecedent breach of the CSPA.
If the Conditions Precedent are not fulfilled within the CP Period by reason of the default of either SDSB or the Vendors, the non- defaulting party may rescind the SSA by giving written notice to the defaulting party.
Barring unforeseen circumstances, the Proposed Acquisition is expected to be completed no later than the end of first quarter of year 2020 taking into consideration the CP Period and the agreed time frame for full payment of the Purchase Consideration.
The obligations of the Vendor to consummate and effect the sale and purchase of the Sale Shares contemplated under this Agreement shall be conditional upon the following Conditions Precedent having been fulfilled by the Purchaser within the CP Period.