Forfeiture Notice definition

Forfeiture Notice shall have the meaning specified in Section 6.2(a).
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Forfeiture Notice means the notice requiring payment of calls on Shares in accordance with clause 25.
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Forfeiture Notice means a notice given by the Manager to a Unitholder pursuant to clause 4.17(a).
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Examples of Forfeiture Notice in a sentence

  • Within ten (10) days after receiving the Forfeiture Notice, the Optionee shall make full payment of such liability to the Company in cash, or to the extent such Optionee still owns Shares acquired through the affected exercise and the Committee elects in the Forfeiture Notice to receive such Shares, stock certificates evidencing such Shares still owned by the Optionee (duly endorsed for transfer with signature guaranteed).

  • Notwithstanding any other provision of the Option, any portion of the Option that is vested (either in accordance with the normal vesting dates set forth in Section 2 or pursuant to an acceleration of vesting under Section 3) and is or becomes exercisable on or after the date on which Optionee receives the Forfeiture Notice shall remain exercisable for seven (7) days following the date on which Optionee receives the Forfeiture Notice (but in no event later than the Expiration Date).

  • To enforce such liability against such Optionee, the Committee shall notify the Optionee thereof in writing within three (3) years of the date of the affected Option exercise, which notice (the "Forfeiture Notice") shall include a statement of the form of payment which the Committee has elected to receive from the Optionee with respect to Shares still owned by the Optionee.

  • If the Executive has transferred such shares in a transaction which is not a sale (including, for example, a gift to a family member or entity), the Profit Amount payable by Executive to Employer shall be an amount equal to the difference between the value of such shares on the date of the Forfeiture Notice and the exercise price.

  • Where a property is, or appears to be, abandoned, a Forfeiture Notice will be served on the property, giving the tenant four weeks to respond.

  • Within ten (10) days after receiving the Forfeiture Notice, the Awardee shall make full payment of such liability to the Company in cash or, to the extent such Awardee still owns Shares acquired through the affected exercise and the Committee elects in the Forfeiture Notice to receive such Shares, stock certificates evidencing such Shares still owned by the Awardee (duly endorsed for transfer with signature guaranteed).

  • As a consequence, this is the common, ‘canonical’ and institutional way of thinking that still dominates the political, socio-cultural and educational fields today.

  • The State also advised that a fourth permit would not be extended after a period of an additional year.On August 20, 2021, the Company filed a Petition for Judicial Review of the Forfeiture Notice and has retained legal counsel to initiate and vigorously undertake the appeal process.

  • Alltel Corporation Apparent Liability for Forfeiture, Notice of Apparent Liability for Forfeiture, 21 FCC Rcd 746 (2006); AT&T Inc.

  • Apparent Liability for Forfeiture, Notice of Apparent Liability for Forfeiture, 21 FCC Rcd 751 (2006); Cbeyond Communications, LLC Apparent Liability for Forfeiture, Notice of Apparent Liability for Forfeiture, 21 FCC Rcd 4316 (2006).


More Definitions of Forfeiture Notice

Forfeiture Notice has the meaning set forth in Section 10.7(d).
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Forfeiture Notice means a notice referred to in section forfeiture order means an order referred to in section
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Forfeiture Notice means a notice issued by GrainCorp to You in compliance with clause 11 of Part D. Freight Differential means the per Tonne difference in the cost of execution between an Origination Site and the Outload Site to the nominated Destination on Your Order to Outload as determined by GrainCorp in the ‘GNC Swap Differentials’ published on the GrainCorp website. Genetically Modified/GM means plant or animal material whose genetic code has been artificially altered in order to give it specific characteristics.
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Forfeiture Notice means the notice requiring payment of calls on Shares in accordance with Article 28.
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Related to Forfeiture Notice

  • Forfeiture Period means the period from the Grant Date until the Forfeiture Date.

  • Pre-Notice shall have the meaning ascribed to such term in Section 4.13.

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Non-Vested Shares means any portion of the Restricted Stock subject to this Agreement that has not become vested pursuant to this Section 2.

  • Forfeiture means that portion of a Participant's Account that is not Vested, and occurs on the earlier of:

  • Termination Warning Notice means a notice sent by the Secretary of State to the Academy Trust, stating his intention to terminate this Agreement.

  • Forfeiture Event means the occurrence of at least one of the following (a) the Corporation is required, pursuant to a determination made by the Securities and Exchange Commission or by the Audit Committee of the Board, to prepare a material accounting restatement due to the noncompliance of the Corporation with any financial reporting requirement under applicable securities laws as a result of misconduct, and the Committee determines that (1) the Participant knowingly engaged in the misconduct, (2) the Participant was grossly negligent with respect to such misconduct or (3) the Participant knowingly or grossly negligently failed to prevent the misconduct or (b) the Committee concludes that the Participant engaged in fraud, embezzlement or other similar misconduct materially detrimental to the Corporation.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Exercise Termination Event (i) the Effective Time (as defined in the Merger Agreement) of the Merger; (ii) termination of the Merger Agreement in accordance with the provisions thereof if such termination occurs prior to the occurrence of an Initial Triggering Event, except a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional); or (iii) the passage of 12 months after termination of the Merger Agreement if such termination follows the occurrence of an Initial Triggering Event or is a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional) (provided that if an Initial Triggering Event continues or occurs beyond such termination and prior to the passage of such 12-month period, the Exercise Termination Event shall be 12 months from the expiration of the Last Triggering Event but in no event more than 18 months after such termination). The "Last Triggering Event" shall mean the last Initial Triggering Event to expire. The term "Holder" shall mean the holder or holders of the Option.

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Repurchase Period means a period of 90 consecutive days commencing on the date when the Optionee’s Service terminates for any reason, including (without limitation) death or disability.

  • Rollover Notice shall have the meaning ascribed thereto in Section 5.2.

  • Cure Notice means a notice of a proposed amount to be paid on account of a Cure Claim in connection with an Executory Contract or Unexpired Lease to be assumed under the Plan pursuant to section 365 of the Bankruptcy Code, which notice shall include: (a) procedures for objecting to proposed assumptions of Executory Contracts and Unexpired Leases; (b) Cure Claims to be paid in connection therewith; and (c) procedures for resolution by the Bankruptcy Court of any related disputes.

  • Penalty Notice means a written no- tification from the Director informing a respondent that the Director has made a finding of violation and, absent a request for a hearing, will impose a civil monetary penalty.

  • Transfer Notice Date has the meaning given to it in Section 2.06.

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Transfer Notice means the notice of a proposed transfer of Shares described in Section 8.

  • Termination for Good Reason means a Termination of Employment by Executive for a Good Reason.

  • Demand Exercise Notice has the meaning set forth in Section 2.1(a).

  • Forfeiture Restrictions means any prohibitions and restrictions set forth herein with respect to the sale or other disposition of Shares issued to the Recipient hereunder and the obligation to forfeit and surrender such shares to the Company.

  • Notice of Award means formal notice of award of the Contract to the Contractor issued by the Contracting Officer.

  • forfeiture order means a forfeiture order referred to in section 61(1);

  • Restriction Notice has the meaning set forth in Section 8.04(f) hereof.