Liquidation Termination Date definition

Liquidation Termination Date means the later of (i) 15 months after the closing of the IPO or (ii) 24 months after the closing of the IPO if a letter of intent, agreement in principle or definitive agreement to consummate an Initial Business Combination was executed within such 15-month period and such Initial Business Combination was not consummated within such 15-month period.
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Liquidation Termination Date means the date, if any, that occurs after a Liquidation Commencement Date and is designated as the "Liquidation Termination Date" by the Agent (in its sole discretion) on at least one Business Day's notice to Seller.
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Liquidation Termination Date is defined in Section 1.2.
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Examples of Liquidation Termination Date in a sentence

  • If the Initial Business Combination shall not have been consummated prior thereto, then, on the Liquidation Termination Date, the Company shall promptly deliver to the Trustee the Initial Liquidation Notice.

  • At any time during a calendar month prior to the Liquidation Termination Date, the Company may deliver to the Trustee an Income Disbursement Request Letter, for disbursement of up to the lesser of (x) $100,000 and (y) the after-tax income arising from the Trust Property during the prior calendar month, provided, that the amount distributed by the Trustee to the Company pursuant to this Section 4(g) shall not exceed $1,500,000 in the aggregate.

  • The Trustee also shall take such other actions as it may deem necessary to inform the Beneficiaries as to the occurrence of such Liquidation Termination Date.

  • Such notice to the Public Stockholders shall be given by U.S. mail or via the Depository Trust Company (“DTC”), within five (5) days after the relevant Liquidation Termination Date, notifying the Public Stockholders as to such event.

  • Not later than the 30th day next following notice of such request, but in no event earlier than the 45th day prior to he Liquidation Termination Date then in effect, each Liquidity Lender will notify the Liquidity Agent whether it consents to such extension, provided that in the event that a Liquidity Lender does not respond to such request such Liquidity Lender shall be deemed to have denied its consent to such request.

  • On the occurrence of a Liquidation Termination Date, the Company shall give written notice to the Trustee to that effect, and the Trustee shall liquidate the Property on the second Business Day prior to the date specified therein as the date on which the Company in good faith expects liquidating distributions to commence, as part of the Plan of Liquidation.

  • The Trustee, upon consultation with the Company and the Representative, shall forward a copy of the notice from the Company as to the occurrence of a Liquidation Termination Date to each Public Stockholder of record on the record date for determination of stockholders entitled to vote on the Company’s dissolution.