Initial Trigger Date definition

Initial Trigger Date means the fourth Trading Day following the Original Issue Date.

Initial Trigger Date means the date that is the earlier of (i) thirty (30) days prior to the deadline for nomination of directors and stockholder proposals pursuant to the Bylaws for the 2024 Annual Meeting and (ii) one hundred and twenty (120) days prior to the first anniversary of the 2023 Annual Meeting.

Initial Trigger Date means the later to occur of (i) the date which is the third anniversary of the Signing Date, and (ii) the date which is the second anniversary of the First Commercial Sale; PROVIDED that if the date referred to in clause (ii) occurs after the date which is forty-two months after the Signing Date, the Initial Trigger Date shall be the date which is forty-two months after the Signing Date.

Examples of Initial Trigger Date in a sentence

• Except for the Initial Trigger Date, the instructions contemplated by the foregoing sentence must be provided to Company by Broad within [**] days after the applicable Trigger Date.

• As used herein, the term “Trigger Date” shall mean the (i) Initial Trigger Date, and (ii) the Subsequent Trigger Dates.

• The Borrower will not permit Availability to be less than $5,000,000 at any time; PROVIDED, that Availability may be less than $5,000,000 at any time (the first such time, the "Initial Trigger Date") so long as the Fixed Charge Coverage Ratio is at least 1.1:1.0 for the twelve (12) month period ending (a) on the last day of the month preceding the Initial Trigger Date, and (b) on the last day of each month thereafter (regardless of whether Availability exceeds $5,000,000 after the Initial Trigger Date).

• The term “Subsequent Trigger Dates” shall mean each date subsequent to the Initial Trigger Date on which a Property is removed pursuant to Section 6(b), 6(c), 6(d), 7(c), 12 or 19.

More Definitions of Initial Trigger Date

Initial Trigger Date means the date if any, on which the number of Removed Properties pursuant to Section 6(b), 6(c), 6(d), 7(c), 12 or 19 shall reach three (3) Properties in the aggregate. The term “Subsequent Trigger Dates” shall mean each date subsequent to the Initial Trigger Date on which a Property is removed pursuant to Section 6(b), 6(c), 6(d), 7(c), 12 or 19. If this Agreement is so terminated, the Exxxxxx Money Deposit plus all interest accrued thereon shall be returned immediately to Buyer, and, except as otherwise provided in this Agreement, neither of the Parties shall have any further liability or obligation under this Agreement. Seller’s failure to terminate this Agreement by any Termination Deadline shall be deemed to be a waiver of Seller’s right to terminate this Agreement with respect to the corresponding Trigger Date.

Initial Trigger Date means the date that is the earlier of (i) thirty (30) days prior to the deadline for nomination of directors and