Extension Proposal definition

Extension Proposal has the meaning set forth in Section 8.01(d).

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Extension Proposal shall have the meaning set forth in Section 28.2 hereof.

Extension Proposal has the meaning set forth in Section 5.20(a).

Examples of Extension Proposal in a sentence

• If either party fails to timely submit an Extension Proposal, the other party’s submitted proposal shall determine the Base Rent and escalations for the Extension Term.

• If both parties submit Extension Proposals, then Landlord and Tenant shall meet within 7 days after delivery of the last Extension Proposal and make a good faith attempt to mutually appoint a single Arbitrator (and defined below) to determine the Market Rate and escalations.

• If either party fails to timely submit an Extension Proposal, the other party’s submitted proposal shall determine the Base Rent for the Extension Term.

• If both parties submit Extension Proposals, then Landlord and Tenant shall meet within 7 days after delivery of the last Extension Proposal and make a good faith attempt to mutually appoint a single Arbitrator (as defined below) to determine the Market Rate and escalations.

• If both parties submit Extension Proposals, then Landlord and Tenant shall meet within 7 days after delivery of the last Extension Proposal and make a good faith attempt to mutually appoint a single Arbitrator (and defined below) to determine the Market Rate.

More Definitions of Extension Proposal

Extension Proposal means the proposal to amend the Acquiror Organizational Documents to extend the period of time Acquiror is afforded under the Acquiror Organizational Documents to consummate an initial Business Combination, or any additional proposal to further extend such period of time.

Extension Proposal means the written proposal prepared by the Service Provider in response to the Purchaser request for an extension, under Clause 3. It shall set out proposed variations to the Prices and any other Contract terms which the Service Provider deems appropriate;

Extension Proposal means the extension of the date by which the SPAC has to consummate a business combination (the “Termination Date”) from the Initial Termination Date to May 8, 2024 (the “Extended Termination Date”).

Extension Proposal has the meaning specified in Section 7.9.

Extension Proposal means the proposal to approve the Charter Amendment and to allow Arrowroot, without another stockholder vote, to elect to extend the Termination Date to consummate an initial business combination on a monthly basis up to five times by an additional one month each time after the Charter Extension Date, by resolution of Arrowroot’s board of directors, if requested by the Sponsor, and upon five days’ advance notice prior to the applicable Termination Date, until August 6, 2024, unless the closing of an initial business combination shall have occurred prior thereto.

Extension Proposal is defined in Section 2.2(a). “Event of Force Majeure” is defined in Section 10.1(a). “FERC” means the Federal Energy Regulatory Commission. “Gathering System” shall mean the (i) Gathering System, as defined in the APA, including, without limitation, those interests and properties described in Schedule A, Schedule B, Schedule F, Schedule G, Exhibit G and Exhibit O attached to the APA, together with any modifications, alterations, replacements, extensions or expansions of such Gathering System approved by the Parties in accordance with this Agreement; provided, however, that the term “Gathering System” shall not include any Solely Owned Segments or NNG SOS Segments or any modifications, alterations, replacements, extensions or expansions of such Solely Owned Segments or NNG SOS Segments. “Governmental Authorities” means any court, government (federal, state, local or foreign), department, political subdivision, commission, board, bureau, agency, official or other regulatory, administrative or governmental authority, including but not limited to the FERC, the Federal Trade Commission, the Securities and Exchange Commission, any state public service or public utility or similar commission, any other governmental, quasi-governmental or nongovernmental body administering, regulating or having general oversight over natural gas, or other markets or transmission systems. “Governing Documents” means, with respect to an entity, (a) in the case of a corporation, the applicable articles of incorporation, by-laws, or charter documents, of such corporation, (b) in the case of a limited liability company, the applicable certificate of formation, limited liability company agreement, operating agreement, or similar agreement for such company, (c) in the case of a partnership, the applicable certificate of limited partnership, partnership agreement or limited partnership agreement, as the case may be, or (d) any other instrument, document or agreement relating to the formation, ownership, management, voting rights, or operation of such entity. “Hazardous Materials” means any substance or material that is designated, classified, characterized or regulated as a “hazardous substance”, “hazardous waste”, “hazardous material”, “toxic substance”, “pollutant” or “contaminant” under Environmental Laws. “Initial Contract Operator” is defined in Section 3.1(a). “IRR” means shall be the cumulative internal rate of return determined for an Owner or an SOS Owner, as the case may be, as...

Extension Proposal a notice served by the Partner pursuant to clause