First Holdback Expiration Date definition

First Holdback Expiration Date means the date that is twelve (12) months after the Closing Date.
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First Holdback Expiration Date has the meaning ascribed to it in SECTION 1.03(B).
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First Holdback Expiration Date is defined in Section 2.10
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Examples of First Holdback Expiration Date in a sentence

  • On the First Holdback Expiration Date, any remaining balance of the Purchaser's Holdback in excess of $1,000,000 shall be released from the Escrow Account and paid immediately to Sellers unless a dispute is pending, in which case the Escrow Agreement shall govern.

  • Section 1014 must be construed in light of the general rule that lienholders are entitled to satisfy their debts out of the condemnation award in the order of their respective priorities.

  • On the First Holdback Expiration Date, any portion of the ------------- Purchaser's Holdback in excess of One Million Dollars ($1,000,000) remaining in the Escrow Account shall be released to Sellers in accordance with the Escrow Agreement or, in the event of a pending dispute, as provided in the Escrow Agreement (the "First Release").

  • On the First Holdback Expiration Date, any portion of the Purchaser's Holdback in excess of One Million Dollars ($1,000,000) remaining in the Escrow Account shall be released to Sellers in accordance with the Escrow Agreement or, in the event of a pending dispute, as provided in the Escrow Agreement (the "First Release").

  • From time to time prior to the date which is nine months from the Closing Date (the "First Holdback Expiration Date"), in accordance with the Escrow Agreement Purchaser may apply the Purchaser's Holdback to pay, or to provide for the payment of, any liability of Parent or Sellers to Purchaser resulting from (i) post-Closing adjustments of the Cash Component or (ii) Parent's and Sellers' indemnification obligations under Section 11.01.

  • On the First Holdback Expiration Date, any portion of the Purchaser's Holdback in excess of One Million Dollars ($1,000,000) remaining in the Escrow Account shall be released to Sellers in accordance with the Escrow Agreement or, in the event of a pending dispute, as provided in the Escrow Agreement (the "FIRST Release").

Related to First Holdback Expiration Date

  • L/C Expiration Date means the day that is thirty days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Offer Expiration Date has the meaning set forth in the definition of “Offer to Purchase.”

  • Release Expiration Date means the date that is twenty-one (21) days following the date upon which the Company timely delivers to Executive the Release (which shall occur no later than seven (7) days after the Date of Termination), or in the event that such termination of employment is “in connection with an exit incentive or other employment termination program” (as such phrase is defined in the Age Discrimination in Employment Act of 1967, as amended), the date that is forty-five (45) days following such delivery date.

  • Cure Expiration Date has the meaning set forth in Section 8.04(a).

  • Option Expiration Date means the last day of the maximum term of an Option.

  • Term Expiration Date means the earlier of (i) the date that is thirty (30) years after the Term Commencement Date; provided that if such date occurs within an NFL Season or within thirty (30) days following an NFL Season, such date shall be automatically extended to the date that is thirty (30) days following the end of such NFL Season, as applicable, or (ii) the date on which the Stadium Lease is terminated pursuant to the express rights and terms of the Stadium Lease.

  • Final Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • Stated Expiration Date has the meaning specified in Section 3.05(d).

  • Initial Expiration Date is defined in Section 1.1(c) of the Agreement.

  • Lease Expiration Date means the later of (i) the date of the final payment in full of the French Advances and (ii) the Vehicle Lease Expiration Date for the last Lease Vehicle leased by the Lessee hereunder. The “Term” of this Agreement shall mean the period commencing on the Lease Commencement Date and ending on the Lease Expiration Date.

  • Commitment Expiration Date means the date on which IHCDA’s commitment under the Program expires.

  • Founder Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier to occur of (A) one year after the completion of the Company’s initial Business Combination or earlier if, subsequent to the Company’s initial Business Combination, the last sales price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (B) the consummation by the Company of any subsequent liquidation, merger, stock exchange or other similar transaction, which results in all of the Company’s stockholders having the right to exchange their shares of the Common Stock for cash, securities or other property.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Warrant Expiration Date means 5:00 P.M. (New York time) on __________, 2001 or the Redemption Date as defined in Section 8, whichever is earlier; provided that if such date shall in the State of New York be a holiday or a day on which banks are authorized or required to close, then 5:00 P.M. (New York time) on the next following day which in the State of New York is not a holiday or a day on which banks are authorized or required to close. Upon notice to all warrantholders the Company shall have the right to extend the warrant expiration date.

  • Scheduled Expiration Date is defined in Schedule 1 to the Lease.

  • Holdback Period has the meaning set forth in Section 3(a).

  • Lock-up Period means the period beginning on the date hereof and continuing through the close of trading on the date that is 90 days after the date of the Prospectus (as defined in the Underwriting Agreement).

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Non-Call Period has the meaning set forth under the definition of “Specific Redemption Provisions.”

  • Inception Date means in respect of a Fund, the first date on which the Fund issued shares.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • License expiration date means June 30 of even-numbered years.

  • Accretion Termination Date As defined in the Series Supplement.

  • Lease Termination Date means the last day of the Lease Term.

  • Escrow End Date has the meaning specified in the Escrow Agreement.