First Restriction definition

First Restriction shall have the meaning ascribed to it in paragraph 2.12(a)(i);

Examples of First Restriction in a sentence

  • Where a Restriction of Use is subject to one or more Over-runs, then the entire duration from the start of the First Restriction to the end of the last Over-run in respect of the Restriction of Use shall be treated as making up a single Restriction of Use.

  • In either case during the First Restriction Period or the Second Restriction Period, any attempt to do so contrary to the foregoing provisions of this Section 2(a) shall be null and void.

  • In the event that a court of competent jurisdiction determines that the First Restriction Period is unenforceable, the First Restriction Period shall mean the period ending at least 3 years from the Effective date.

  • In its final report (No. 07/09 of 19/10/07), the IAS stated that all eight remaining actions plans have been successfully implemented and that management has taken adequate and effective action to address all the findings and issues contained in its previous reports.

  • Notwithstanding anything to the contrary in this Section 6.1, in the event that the Current Market Price is, for the first time after the Issue Date, less than $4.00 (subject to adjustment for any stock-split or stock combination to occur after the date hereof), then Holder shall not have the right to convert the Series B Preferred Stock until the earlier of (i) a Trading Day on which the Current Market Price is $4.00 or more and (ii) thirty (30) days after the First Restriction Date.

  • Twenty percent (20%) of the Parent Common Shares issued to the Company Stockholders at Closing shall be deemed restricted and such holder shall not Transfer such Parent Common Shares until the date that is Four Hundred Twenty (420) calendar days after the Closing Date (the “Fourth Restriction Date”, together with the First Restriction Date, the Second Restriction Date and the Third Restriction Date, the “Restrictions Dates” and individually, a “Restriction Date”).

  • From the aforesaid, it becomes clear that the Partzuf AB originates in the First Restriction, while the letter Vav (ZA) in the Partzuf SAG indicates it originates in the Second Restriction.

  • During the First Restriction Period, any certificates representing the Restricted Shares shall carry a legend evidencing the restrictions of this Agreement.

  • In the event that prior to the First Restriction Date Parent Common Shares are issued (i) upon exercise of Parent Options or Parent Warrants or (ii) after Closing as Heroes Shares or Sin City Shares, then thirty percent (30%) of such Parent Common Shares shall be deemed restricted and such holder shall not Transfer such Parent Common Shares until the First Restriction Date.

  • After completing two full year/two cycles of operation, most sites are eligible for a certification review visit.

Related to First Restriction

  • Investment Restrictions means the investment restrictions of the Fund as set forth in the Declaration of Trust including, without limitation, those described in section 2.0 of this Annual Information Form.

  • Transfer-Restricted Security means any Security that constitutes a “restricted security” (as defined in Rule 144); provided, however, that such Security will cease to be a Transfer-Restricted Security upon the earliest to occur of the following events:

  • Company Restricted Stock means all shares of Company Common Stock, subject to vesting or other restrictions, whether granted pursuant to the Company Stock Plans or otherwise.

  • Restriction of Use means, in respect of any day, any difference from the normal capability of all or any part of the Routes (where the normal capability of the Routes is expressed in the Applicable Timetable Planning Rules relevant to that day notified to each Timetable Participant on or before D-26) which results in: