Deficit Notice definition

Deficit Notice has the meaning set forth in Section 3.5(d).
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Deficit Notice has the meaning ascribed thereto in Clause 4.5(b); Deficit Shares has the meaning ascribed thereto in Clause 6.2; Difference has the meaning ascribed thereto in Clause 3.3.9; Disclosed Information (i) all information in the Data Room, (ii) any other information made available to the Purchaser and its advisers in writing, (iii) all information included in the Disclosure Letter, all under (i), (ii) and (iii) as electronically stored on DVD’s attached as Schedule 1.1(b), and (iv) all information of the Group Companies available in the trade register of the Chamber of Commerce;
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Deficit Notice has the meaning given in clause 4(e).
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Examples of Deficit Notice in a sentence

  • The imposition of furloughs shall be subject to receipt of a Projected Deficit Notice (PDN) from the Controller stating that the department's budget will be insufficient to support the department's level of spending through the end of the fiscal year.

  • To the extent practicable, furlough shall be equitably distributed among all of the employees in the affected department or operational unit to which the Projected Deficit Notice (PDN) has application; and, all of the employees in the affected class(es).

  • The parties hereto acknowledge and agree that the rights and obligations under this Lease Payment Deficit Notice shall become effective at the Effective Date.

  • The Milk Deficit Notice must specify the estimated likely Milk Deficit, and the likely time periods over which the Milk Deficit will occur.

  • In the event Buyer delivers a Margin Deficit Notice to Seller after 10 a.m., New York City time, on any Business Day, Seller shall be required to transfer such cash no later than 5 p.m., New York City time, on the subsequent Business Day.

  • If Buyer delivers a Margin Deficit Notice to Seller on or prior to 10 a.m., New York City time, on any Business Day, then Seller shall transfer such cash to Buyer no later than 5 p.m. New York City time, on such Business Day.

  • Seller shall perform the obligations under this Article 4(a) by the close of the next succeeding Business Day if the Margin Deficit Notice was received by Seller prior to 3:00 p.m. New York City time, or, the second (2nd) succeeding Business Day if the Margin Notice was received by Seller after 3:00 p.m. New York City time (the “Margin Deadline”).

  • If at any time there exists a Margin Deficit for which Buyer has delivered to Seller a Margin Deficit Notice, Seller shall cure same in accordance with Section 4.

  • Notwithstanding the foregoing, upon receipt of a Margin Deficit Notice with respect to a Purchased Loan, the applicable Seller may elect, rather than pay to Buyer the Margin Deficit Amount, to repurchase such Purchased Loan on or before the date for payment of such Margin Deficit Amount set forth in such Margin Deficit Notice, by payment of such Purchased Loan’s Repurchase Price in accordance with Section 3(d).

  • If Buyer delivers a Margin Deficit Notice to Seller on or prior to 6 p.m. (New York time) on any Business Day, then Seller shall transfer such cash to Buyer no later than 5 p.m. (New York time) the following Business Day.

Related to Deficit Notice

  • Opt-Out Notice has the meaning specified therefor in Section 2.02(a) of this Agreement.

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • Allocation Notice shall have the meaning assigned to such term in Section 11.14(i) hereof.

  • Reduction Notice has the meaning set forth in Section 1.3.

  • Collection Notice means a notice, in substantially the form of Annex A to Exhibit VI, from the Agent to a Collection Bank.