Exercise Commencement Date definition

Exercise Commencement Date means six (6) months after the Agreement Date, provided that in the event that a Company is subject to a Restructuring, the Exercise Commencement Date shall commence on the date on which such Restructuring is completed as agreed between the Holder and the Grantor.
Exercise Commencement Date means the earliest to occur of the date on which (i) the Holder has satisfied all of its obligations pursuant to Sections 1 and 4 of the Equity Commitment Letter, dated as of the date hereof among the Company, the Holder and the other Investor Guarantors named therein (the "Equity Commitment Letter"), (ii) the Holder has satisfied in full its Guarantor's Commitment, as such term is defined in the Investor Guaranty Agreement, dated as of the date hereof among the Company, the Holder and the other Investor Guarantors named therein (the "Investor Guaranty"), and (iii) the Investor Guaranty has terminated in accordance with its terms.
Exercise Commencement Date means the earliest of (i) June 10, 2023, (ii) the date on which the aggregate principal amount of all outstanding loans under the Credit Agreement have been repaid, prepaid, cancelled or otherwise discharged in full, (iii) the first date on which all outstanding loans under the Credit Agreement are owned or held by one or more lenders that are the Company or any of its Affiliates, and (iv) the first date on which any Event of Default (as defined in the Credit Agreement) has occurred and in connection with such Event of Default the aggregate principal amount of all outstanding loans under the Credit Agreement have been declared due and payable.

Examples of Exercise Commencement Date in a sentence

  • This Warrant may be exercised at any time and from time to time after 9:00 A.M. EST on the Exercise Commencement Date, but no later than 5:00 P.M. EST on the fifth anniversary of the Exercise Commencement Date (the “Expiration Time”) at which time this Warrant shall become void and all rights hereunder shall cease.

  • This Warrant is exercisable in whole or in part at any time and from time to time during the period commencing on the Exercise Commencement Date and ending on (but excluding) the Expiration Date.

  • The date that the applicable portion of the Option becomes vested is referred to herein as the “Exercise Commencement Date.” Subject to Section 8 of the Plan, following the Exercise Commencement Date, the applicable portion of the Option shall be and shall remain exercisable until it becomes unexercisable under Section 2.9. Once the Option becomes unexercisable, it shall be forfeited immediately.

  • In the second section of that essay Hempel introduces the Deductive-Nomological Model of explanation, according to which (I’ll risk the reminder) an explanation of a fact X is a sound argument for X that essentially contains a law-stating premise.

  • Subject to the provisions of Sections 1.5, "Transfer and Assignment," and 3.1, "Registration and Legends," this Warrant may be exercised at any time and from time to time after 9:00 a.m., P.S.T., on _____________, 2005 (the "Exercise Commencement Date"), but no later than 5:00 p.m., P.S.T., ___________, 2008 (the "Expiration Date"), at which point it shall become void and all rights under this Warrant shall cease.


More Definitions of Exercise Commencement Date

Exercise Commencement Date means September 8, 2004.
Exercise Commencement Date means the later of (i) the date of the closing of the IPO and (ii) the date on which the registration statement filed by the Company relating to the issuance of the Warrants has been declared effective by the Securities and Exchange Commission and the Warrants have been issued by the Company.
Exercise Commencement Date. The applicable portion of the New Option shall remain exercisable until the last day of the calendar year in which the Exercise Commencement Date occurs (or such shorter period as may be applicable to a New Option that becomes exercisable pursuant to Section 13 of the Plan); provided, however, that, all New Options must be exercised within sixty (60) days following the Exercise Commencement Date unless written consent is received by the Company to extend such period through the end of the year. In the event the Optionee fails to exercise the applicable portion of any New Option in full within the applicable period following the Exercise Commencement Date, such applicable portion of the New Option shall be forfeited immediately in accordance with Section 6(e)(iii) of the Plan. As provided in Section 6(e)(i) of the Plan, the Optionee shall, at the time of such exercise, sell to the Company, and the Company shall repurchase, at par value, one share of Company Special Stock for each Share subject to the applicable portion of the New Option so exercised.
Exercise Commencement Date means the three year anniversary of the Original Issue Date.
Exercise Commencement Date has the meaning set forth in the Warrants.
Exercise Commencement Date means ________, 2006.
Exercise Commencement Date means the earlier to occur of (i) the one year anniversary of the date hereof and (ii) the date that the Holder has made Advances (as defined in the Credit and Security Agreement) in an aggregate amount equal to or greater than fifty percent (50%) of its Commitment Amount (as defined in the Credit and Security Agreement). This Warrant shall be subject to cancellation by the Company if the Holder defaults in its obligation to make Advances to the Company in accordance with the Credit and Security Agreement prior to the Exercise Commencement Date.