Day Period definition
Examples of Day Period in a sentence
Notwithstanding the foregoing, the Borrower shall pay interest in accordance with Section 2.10(c) for so long as the Covered Debt Amount exceeds the Borrowing Base during such 30-Business Day Period.
If the Receiving Member does not send its Election Notice within such 30 Day Period, such Receiving Member(s) shall be deemed conclusively to have elected to sell its entire Membership Interest.
The Member obligated to purchase under this Section 10.4(c) shall fix a closing date not later than sixty (60) days following the earlier of the date of the delivery of the Election Notice and the expiration of such 30 Day Period (which period may be extended if lender approval, if required, has not been obtained by such date) and shall deposit five percent (5%) of the purchase price (the “Deposit”) in the escrow established for the closing of the sale.
Any unvested options which would have otherwise vested during such 90 Day Period shall continue to vest during that period and to the extent any unvested options have vested during such 90 Day Period, the Executive shall also be entitled to exercise those options within a rolling 90 day period after the date of vesting of such options, which period will not exceed 180 days following the Date of Termination.
The covenants, agreements and proxy contained herein with respect to the Securities shall terminate upon the earliest of (a) the Effective Time, (b) the first anniversary of the date hereof, (c) the termination of the Merger Agreement pursuant to Section 8.01(a), 8.01(c) or 8.01(d)(i) or, by the Company, pursuant to Section 8.01(f) thereof and (d) the expiration of the 10 Day Period.