Examples of Longstop Date in a sentence
If the Effective Date is not achieved by the CP Longstop Date or such later date as the parties to the Implementation Agreement may agree under the conditions set out in the Implementation Agreement1, then either Party shall be entitled to terminate this Agreement on seven (7) Business Days' notice to the other Party, provided that such Conditions Precedent remains unsatisfied and not waived as at the Termination Date.
The Project Company shall use its reasonable endeavours to achieve Financial Close on or before the Financial Close Longstop Date.
As soon as reasonably practicable following the date of this Agreement (and in any event no later than the Longstop Date), the Shareholders shall use commercially reasonable endeavours to agree and appropriately document between them each Agreed Threshold value applicable to the provisions of this Agreement which are subject to an Agreed Threshold.