Extended Deadline definition
Examples of Extended Deadline in a sentence
Failure to make all such filings on or before the Current Filings Deadline or the Extended Deadline, as applicable, shall be an “Event of Default” under the Debentures.
From and after the Current Filings Deadline or the Extended Deadline, as applicable, during the period that the Purchasers own any of the Securities, the Company shall timely file (or obtain extensions in respect thereof and file within the applicable grace period) all reports required to be filed by the Company pursuant to the Exchange Act, even if the Company is not then subject to the reporting requirements of the Exchange Act.
The Company shall undertake to file a registration statement covering such number of shares of common stock of the Company equal to one-third of the number of shares of outstanding common stock held by public stockholders, not including any shares held by affiliates of the Company, or the common shares issued or to be issued pursuant to the Secured Debenture (the "Total Registered Shares"), by the Deadline or the Extended Deadline, if applicable.
This Loan shall automatically renew for an additional twelve (12) months after the Initial Deadline Date and for consecutive twelve (12) month periods thereafter (each an "Extended Deadline Date") unless (i) a demand has been made by Bank, (ii) an Event of Default has occurred and is continuing, or (iii) Bank notifies Borrower within thirty (30) days prior to the Initial Deadline Date or any Extended Deadline Date that the Loan is due or will not be automatically extended.
The Company agrees that in the event it is unable to have a registration statement declared effective with respect to issuing Securities to the Buyers, that it shall not file any registration statement (excluding any registration statement on Form S-8) for another investor for a period of 90-days from the Extended Deadline.
In the event the Company is unable to have a registration statement declared effective by the Extended Deadline, and the Company has met all of the other conditions precedent under the Transaction Documents, or the Buyers have waived such conditions, then the Company shall pay to the Buyers the Break-up Fee at that time.
If Tenant fails to so deliver to Landlord the Termination Notice, the Termination Option shall lapse as to the applicable Milestone Event and Tenant shall have no further right to terminate the Lease based upon the failure to meet the then applicable Milestone Event deadline and, further, following the expiration of the final Extended Deadline exercise period, Tenant's right to terminate this Lease under this Paragraph shall expire and be of no further force or effect.
If the failure is due solely to the Company's inability to have the Registration Statement declared effective by the Effectiveness Deadline, then the parties shall use their best efforts to file and have declared effective a registration statement no later than the 180-day anniversary of such filing (the "Extended Deadline").
If the Company does not achieve the Jobs Benchmark on or before the Extended Deadline, then the amount of all of the Grant Payments by the County to the Company listed in Section 3(a) shall be reduced by an amount equal to (i) the amount of the applicable Grant Payment multiplied by the percentage of the Jobs Benchmark that has not been achieved multiplied by (ii) twenty-five percent (25%).
A motion to Approve Extended Deadline of December 2, 2021, to ▇▇▇▇ ▇▇▇▇▇ and His Company to Bring Property in Compliance with Current Zoning was made and approved.