Failure Date definition

Failure Date is defined in Section 22.
Failure Date. As defined in Section 2(b)(v).
Failure Date means the date (should it occur) that the Court's Final Judgment and Order approving this Settlement as required in Section 6 is overturned, in whole or in material part, by final, non-appealable order or ruling of this Court or another court of competent jurisdiction with authority to do so, or when any one or more of the conditions in Section 8 are not satisfied; provided that the Failure Date shall mean December 31, 2006 or such later date as may be agreed to by the Settling Parties if neither the Failure Date nor the Effective Date shall have occurred on or before such date.

Examples of Failure Date in a sentence

  • With respect to each fiscal quarter ended after a Milestone Failure Date, if the cumulative Net Sales through such fiscal quarter ended exceed the cumulative Milestones through such fiscal quarter, then all prior adjustments to this paragraph (e) shall be reversed.

  • Upon each Milestone Failure Date, the Conversion Price in effect on such Milestone Failure Date shall, at the election of the Registered Holder, be decreased to the VWAP for the five (5) Trading Days immediately following such Milestone Failure Date multiplied by the Designated Discount Rate applicable to such Milestone Failure as set forth in the Milestone table below.

  • With respect to each fiscal quarter ended after a Milestone Failure Date, if the cumulative Net Sales through such fiscal quarter ended exceed the cumulative Milestones such fiscal quarter, then all prior adjustments made pursuant to this paragraph (e) shall be reversed.

  • Upon each Milestone Failure Date, the Warrant Price in effect on such Milestone Failure Date shall, at the election of the Registered Holder, be decreased to 115% of the VWAP for the five (5) Trading Days immediately following such Milestone Failure Date.

  • If by the 15th day following the Resolution Failure Date Seller and Buyer have been unable to settle an Unresolved Dispute the obligations of Seller and Buyer in this Section 18 will terminate with respect to the Unresolved Dispute.

  • The Reserve Payments will be equal to two percent (2%) of the Purchase Price of any outstanding Notes (plus accrued but unpaid interest) for each month (or part thereof) following the date that an insufficient number of shares of Common Stock (as determined above) was reserved for such purpose (the "Failure Date") continuing through the date a sufficient number of additional shares of Common Stock (as determined above) is reserved for such purpose (the "Reserve Date").

  • The duplicate confirmations and account statements that you are required to submit to the CCO on a monthly basis may be used to satisfy your quarterly reporting obligation only if the confirmations and account statements contain all of the information required to be included on this report and they are submitted to the CCO by the deadline for submission of this report.

  • Following the QUIPS Failure Date, AT&T and Comcast will use their commercially reasonable efforts to consummate the QUIPS Exchange.

  • If by the 15th day following the Resolution Failure Date Sears and SHO have been unable to settle an Unresolved Dispute the obligations of Sears and SHO in this Section 17 shall end with respect to the Unresolved Dispute.

  • If by the fifteenth (15th) Business Day following the Resolution Failure Date, the Parties have been unable to settle an Unresolved Dispute, the obligations of the Parties in this Article XI shall terminate with respect to such Unresolved Dispute.


More Definitions of Failure Date

Failure Date shall have the meaning as set forth in Paragraph 3.5 of this Agreement.
Failure Date shall have the meaning set forth in Section 3.4 hereof.
Failure Date is defined in Section 3.7.
Failure Date has the meaning specified therefor in Section 2.04(b). ------------- ---------------

Related to Failure Date

  • Transaction Failure Date means the 18-month anniversary of the Effective Date (or the 24 month anniversary of the Effective Date, if a letter of intent, agreement in principle or definitive agreement has been executed within 18 months after the Effective Date and the Business Combination relating thereto has not yet been consummated within such 18-month period).

  • Cure Date means the MuniPreferred Basic Maintenance Cure Date or the 1940 Act Cure Date, as the case may be.

  • Hire Date has the meaning given to it in Section 2.6(a).

  • Listing Failure Event means that:

  • Reporting Failure has the meaning set forth in Section 2.4.

  • Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • Milestone Failure means a failure by the Grant Recipient fully to achieve any Milestone by the relevant Milestone Date;

  • Technical Failure means the discontinuation of Development or Commercialization of a Product for technical, scientific, medical or regulatory reasons, including, but, not limited to, unacceptable preclinical toxicity, demonstration of a side effect profile significantly worse than currently marketed products, or inability to manufacture in an acceptable purity or for an acceptable price.

  • Listing Failure means the situation where the Bonds have not been listed on the corporate bond list of Nasdaq Stockholm (or any other Regulated Market) within sixty (60) calendar days after the Issue Date.

  • Start Date for Term Calculation Purposes Only: Regardless of actual award/effective date of Contract, for Agreement “term” calculation purposes only, the Agreement “start date” is the last day of the month that Award Notifications are anticipated as published in the Solicitation. Example: If the anticipated award date published in the Solicitation is August 27, 2020 but extended negotiations delay award until September 24, 2020 the end date of the resulting initial “two-year” term Agreement, (which is subject to an extension(s)) will still be August 31, 2022 in this example

  • Quarterly Commencement Date means the 1st day of each of April, July, October and January in each year.

  • First Trading Date means 26 August 2022.35 Kalendertagen nach dem Bewertungstag folgt. Zur Klarstellung: die Frist von 35 Kalendertagen ist zwingend und kann weder durch die Emittentin noch den Gläubiger abbedungen werden.

  • Daily Failure Amount means the product of (x) .005 multiplied by (y) the Closing Sale Price of the Common Stock on the applicable Share Delivery Date.

  • Commercial Operations Date or "COD": The date on which Facility first achieves Commercial Operations.

  • disclosure date means either of the following:

  • Policy Date means the date on which the Search Report was prepared.

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.

  • Date of Completion with respect to a Project shall mean: (i) the date upon which such Project and all components thereof have been acquired or constructed and are capable of performing the functions for which they were intended, as evidenced by an Engineers’ Certificate filed with the Trustee and the Issuer; or (ii) the date on which the Issuer determines, upon the recommendation of or in consultation with the Consulting Engineer, that it cannot complete such Project in a sound and economical manner within a reasonable period of time as evidenced by an Engineers’ Certificate filed with the Trustee and the Issuer; provided that in each case such certificate of the Consulting Engineer shall set forth the amount of all Costs of such Project which have theretofore been incurred, but which on the Date of Completion is or will be unpaid or unreimbursed.

  • Termination Date means the date of the termination of the Executive’s employment with the Company.

  • Public Information Failure Payments shall have the meaning ascribed to such term in Section 4.3(b).

  • Anniversary means each annual anniversary date of the Effective Date during the Term (as defined in Section 5 hereof).

  • Service Level Failure means a failure to perform the Software Support Services fully in compliance with the Support Service Level Requirements.