Initial Standstill Period definition

Initial Standstill Period has the meaning set forth in Section 4.1(a).
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Initial Standstill Period shall have the meaning set forth in Section 2.1(a)(i).
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Initial Standstill Period means a period of 180 days following the delivery by the Collateral Agent to each Secured Debt Representative of a Notice of Actionable Default, provided that, if an Act of Instructing Secured Parties to commence an Enforcement Proceeding has been delivered to the Collateral Agent prior to the expiry of such 180 day period in accordance with Sections 2.3, 2.4 and 3.3, the Initial Standstill Period shall continue for the duration of such Enforcement Proceeding, provided that (i) such Enforcement Proceeding is being diligently pursued by the applicable Secured Parties (or the Collateral Agent at their direction) with respect to all or a material portion of the applicable Collateral or (ii) the Collateral Agent (at the direction of the applicable Secured Parties) is diligently attempting to vacate any stay on the enforcement of its Liens.
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Examples of Initial Standstill Period in a sentence

  • After the expiration of the Initial Standstill Period, the Initial Controlling Other Pari Passu Agent is under no obligation to consult with any Agent on behalf of any Other Pari Passu Lien Obligations or Revolving Credit Obligations (Capped) in connection with an Enforcement Action with respect to the Shared Collateral.

  • For the avoidance of doubt, such penalties shall not be applicable during the Preliminary Standstill Period, the Initial Standstill Period or the Standstill Period, until any of such periods is terminated pursuant to the provisions of Section 8 hereof.

  • UBS-LB further agrees that from the date on which the provisions of this letter agreement become effective in accordance with Section 6 hereof through January 4, 1999 (such period, the "Initial Standstill Period"), subject to the other terms and conditions set forth below, UBS-LB will not require any settlement under the Forward Agreement and will not sell, assign or otherwise transfer any interest in any of the Underlying Shares or shares delivered as collateral under the Forward Agreement.

  • After the Initial Standstill Period, the Chairman (or his or her nominee) of the Workout Committee for a Debtor Company must chair meetings of Financial Institution Creditors of that Debtor Company.

  • During the Initial Standstill Period, Stryker shall keep Knight reasonably informed of the process, the prospects of realization of value from Collateral and the status of any potential offers to purchase the Collateral.

  • Any determination as to whether the Companies are entitled to an extension of the Initial Standstill Period as contemplated by this Section 7 shall be made by UBS-LB, which determination shall not be unreasonable.

  • It could be argued that LoopNet had an interest in such pictures, as the pictures themselves could act as a draw for customers.

  • From and after the end of the Initial Standstill Period, any Investor may Transfer beneficial or record ownership of any Voting Securities, subject to compliance with Section 2.2(d) and clauses (b), (c) or (d) and (f) below.

  • Such obligation shall be subject to the terms and conditions of the Credit Agreement; provided, however, that in the event that such obligation is not complied with as a result of the terms and conditions of the Credit Agreement, then the Initial Standstill Period (or the Standstill Period, as the case may be) shall be terminated.

  • Until payment in full of all the Senior Obligations (unless Stryker has purchased the Senior Obligations pursuant to Section 4.03 below), and except in connection with actions during the Initial Standstill Period, Stryker will refrain from making demand of the Debtor or Mariel for payment of the Subordinated Obligations or exercising any rights for the enforcement of payment of the Subordinated Obligations against the Debtor or Mariel, without the prior written consent of Knight.


More Definitions of Initial Standstill Period

Initial Standstill Period shall have the meaning set forth in Section 2.1(a)(ii). "Investment Agreement" shall have the meaning set forth in the Recitals. "Investment Completion Date" shall have the meaning set forth in Article I of the Investment Agreement. "Joint Venture" shall have the meaning set forth in Article I of the Investment Agreement. "Joint Venture Agreement" shall mean that certain Joint Venture Agreement, dated as of June 22, 1995, among FT, DT, Sprint and Sprint Global Venture, Inc. "Joint Venture Documents" shall have the meaning set forth in Article I of the Investment Agreement. "JV Entity" shall have the meaning set forth in Article I of the Investment Agreement. "Largest Other Holder" shall mean the Other Holder, if any, who Beneficially Owns a larger percentage of the Outstanding Sprint Voting Securities than any other Person, provided that, for purposes of this definition, FT, DT, their Affiliates and Associates and Qualified Stock Purchasers shall be considered a single Person. "Major Competitor" shall have the meaning set forth in Article I of the Investment Agreement. "Other Agreements" shall mean the Investment Agreement, the Stockholders' Agreement, the Registration Rights Agreement, the FT Investor Confidentiality Agreement and the DT Investor Confidentiality Agreement. "Other Holder" shall mean any Person other than (i) FT, DT, any of their respective Affiliates or Associates or any Qualified Stock Purchaser, (ii) Sprint, (iii) any Subsidiary of Sprint, (iv) any employee benefit plan of Sprint or of any Subsidiary of Sprint, or (v) any Person organized, appointed or established by Sprint or any Subsidiary of Sprint for or pursuant to the terms of any such plan. "Outstanding Sprint Voting Securities" shall mean the Sprint Voting Securities outstanding as of any particular date, plus all Sprint Voting Securities which as of such date any of FT or DT or any of their respective Affiliates is committed to acquire from Sprint or has the right to acquire (or to commit to acquire) from Sprint pursuant to the Investment Agreement and the Stockholders' Agreement. "Owned of Record or Voted by" shall have the meaning specified in Section 310(b)(4) of the Communications Act and published interpretations thereof by the FCC and the U.S. federal courts. "Passive Financial Institution" shall mean a bank (or comparable financial institution), insurance company, pension or retirement fund which acquires Voting Securities or other equity interests in a Qualified Subsidia...
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Initial Standstill Period means the period commencing on the date of this Agreement and ending on the second anniversary of the Effective Date.
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Initial Standstill Period has the meaning ascribed to such term in Section 3.01(a).
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Related to Initial Standstill Period

  • Standstill Period has the meaning set forth in Section 3.1.

  • Term Loan Standstill Period has the meaning provided in Section 8.01(b).

  • 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).

  • Lockup Period has the meaning set forth in Section 2.4(d)(i).

  • Forbearance Period means the period beginning on the date hereof and ending on the Forbearance Termination Date.

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination and (B) subsequent to the Business Combination, (x) if the closing 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 (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

  • Acquisition Period means the period ending five (5) business days prior to

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Standstill Termination Date means the earlier of (i) the first anniversary of the Board Rights Termination Date and (ii) the later of (A) the third anniversary of this Agreement or (B) the first anniversary of the date on which both the Purchaser Designated Director has resigned from the Board and the Purchaser has permanently waived and renounced the Purchaser’s Board observation rights and Board designation rights in Section 1 and Section 2 of this Agreement.

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • Exclusivity Period has the meaning set forth in Section 6.4.1.

  • Consultation Period means the period of sixty (60) days or such longer period as the Parties may agree, commencing from the date of issue of a TSP’s Preliminary Notice or a Nodal Agency’s Preliminary Termination Notice, as provided in Article 13 of this Agreement, for consultation between the Parties to mitigate the consequence of the relevant event having regard to all the circumstances;

  • Acquisition Date With respect to any REO Property, the first day on which such REO Property is considered to be acquired by the Trust Fund within the meaning of Treasury Regulations Section 1.856-6(b)(1), which is the first day on which the Trust Fund is treated as the owner of such REO Property for federal income tax purposes.