Examples of Outstanding Period in a sentence
The undertakings in this Clause 19 remain in force and are required to be complied with only during any L/C Outstanding Period.
The undertakings in this Clause 18 (apart from the undertakings in Clause 18.5 (Information: miscellaneous), 18.6 (Notification of default), Clause 18.7 (Use of websites) and Clause 18.8 (“Know your customer” checks)) remain in force and are required to be complied with only during any L/C Outstanding Period.
The undertakings in this Clause 20 (apart from the undertakings in Clause 20.1 (Authorisations), Clause 20.2 (Compliance with laws), Clause 20.4 (Merger), Clause 20.5 (Change of business) and Clause 20.8 (Taxes)) remain in force and are required to be complied with only during any L/C Outstanding Period.
During the Outstanding Period, the Company will keep true records and books of account in which full, true and correct entries will be made of all dealings or transactions in relation to its business and affairs in accordance with generally accepted accounting principles applied on a consistent basis.
Borrower agrees to pay to the Administrative Agent, for distribution to the Banks pursuant to Section 9A.8 hereof, a non-refundable Letter of Credit fee (the "Letter of Credit Fee") equal to the LIBOR Based Rate Factor then in effect per annum on the Stated Amount of each Letter of Credit, computed on a daily basis, from and including the Issuance Date of such Letter of Credit to the Stated Expiry Date ("Outstanding Period").
During the Outstanding Period, the Company shall maintain in full force and effect its corporate existence, rights and franchises and all licenses and other rights to use intellectual property owned or possessed by it and reasonably deemed by management to be necessary to the conduct of its business.
During the Outstanding Period, the Company will keep its properties in good repair, working order and condition, reasonable wear and tear excepted, and from time to time make all necessary and proper repairs, renewals, replacements, additions and improvements thereto; and the Company will at all times comply with each provision of all leases to which it is a party or under which it occupies property if the breach of such provision could reasonably be expected to have a Material Adverse Effect.
During the Outstanding Period, the Company shall duly observe and conform in all material respects to all valid requirements of governmental authorities relating to the conduct of its business or to its properties or assets.
During the Outstanding Period, the Company agrees that except in connection with a Form 8-K or a registration statement or in correspondence with the SEC, the Company will not disclose publicly or privately the identity of the Subscribers unless expressly agreed to in writing by a Subscriber or only to the extent required by law and then only upon five days prior notice to Subscriber.
During the Outstanding Period, the Company will use its best efforts to continue the listing or quotation of the Common Stock on the Principal Market or other market with the reasonable consent of Subscribers holding a majority of each of the Shares, Warrants and Warrant Shares, and will comply in all material respects with the Company's reporting, filing and other obligations under the bylaws or rules of the Principal Market.