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.

  • 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.

  • 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.

  • 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.

Related to Liquidation Termination Date

  • Accretion Termination Date As defined in the Series Supplement.

  • Liquidation Period has the meaning set forth in Section 10.6 of this Agreement.

  • Senior Termination Date For each Senior Certificate Group, the Distribution Date on which the aggregate Class Certificate Balance of the related Classes of Senior Certificates has been reduced to zero.

  • Loan Termination Date means each day on which a deposit is made into the Collateral Account in respect of Terminated Loans.

  • Event Termination Date See Section 2(e) hereof.

  • Escrow Termination Date has the meaning set forth in Section 11.7.

  • Liquidation Date means (a) in the case of an event giving rise to the dissolution of the Partnership of the type described in clauses (a) and (b) of the first sentence of Section 12.2, the date on which the applicable time period during which the holders of Outstanding Units have the right to elect to continue the business of the Partnership has expired without such an election being made, and (b) in the case of any other event giving rise to the dissolution of the Partnership, the date on which such event occurs.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Initial Termination Date shall have the meaning set forth in Section 7.1(b).

  • Lease Termination Date means the last day of the Lease Term.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Plan Termination Date means the date that is ten (10) years after the Effective Date, unless the Plan is earlier terminated by the Board pursuant to Section 15 hereof.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Accrual Termination Date Not applicable.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).

  • Restriction Termination Date means the first day after the Initial Date on which the Board of Directors determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT or that compliance with the restrictions and limitations on Beneficial Ownership, Constructive Ownership and Transfers of Shares set forth herein is no longer required in order for the Corporation to qualify as a REIT.

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.

  • Forbearance Termination Date means the earlier to occur of (i) the closing of a Transaction; (ii) October 31, 2001, or (iii) the date upon which the Forbearance Default occurs.

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Liquidity Termination Date means the earlier to occur of the following:

  • Bankruptcy Coverage Termination Date The point in time at which the Bankruptcy Loss Coverage Amount is reduced to zero.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Standstill Termination Date means the earlier of (i) 90 days after the Board Designation Termination Date and (ii) the later of (A) the first anniversary of the date of this Agreement and (B) 90 days after the date on which all Purchaser Designated Directors have resigned or been removed from the Board and the Purchaser has permanently waived and renounced its Board designation rights under Section 1.