Examples of First Long Stop Date in a sentence
Danone, Gourmet Grace, HY Holdings, Mr. Zhu Xinli and Huiyuan have entered into a waiver agreement dated 31 August 2008 pursuant to which each of Danone, Gourmet Grace and Huiyuan have agreed not to enforce certain of their rights under the Pre-IPO Investment Documents until either the Share Offer becomes or is declared unconditional in all respects, the First Long Stop Date expires before the Pre-Condition is satisfied or the Share Offer lapses or is withdrawn.
If the Pre-Conditions are satisfied on or before the First Long Stop Date, a further announcement will also be made as soon as practicable thereafter.
As all the First Conditions have been fulfilled by the First Long Stop Date, the First Completion took place on 6 January 2021 pursuant to the terms of the Subscription Agreement.
If the Planning Condition is not satisfied by the First Long Stop Date then either party may by service of fifteen (15) Working Days written notice on the other terminate this agreement and upon expiry of such notice if the Planning Condition is not satisfied this agreement shall be terminated.
The Purchaser and ICI shall each use its reasonable endeavours to procure that the First Completion Condition is fulfilled as soon as is practical following execution of this Agreement and in any event before the First Long Stop Date.