Ownership Date definition

Ownership Date has the meaning set forth in Section 3.2.
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Ownership Date means the date on which the Owner became the registered owner of the Lands;
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Ownership Date means January 2, 2014.
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Examples of Ownership Date in a sentence

  • From and after the Genco Public Ownership Date until the Option Closing Date or, if the Option is not exercised, the Option Expiration Date, Regco shall comply with the provisions applicable to it contained in Article VIII and shall exercise its rights as a stockholder of Genco and otherwise use its best efforts to enable and cause Genco to comply with the provisions applicable to it contained in Article VIII.

  • The LLC will use commercially reasonable efforts to plan for a transition to commercially available versions of the Systems (or other software systems) on or before the Minority Ownership Date (as defined below) and to limit, to the extent commercially reasonable, any modifications to the Source Code and any use of customized versions of the Systems after the Minority Ownership Date.

  • For the period beginning on the Genco Public Ownership Date and extending through the end of the Pricing Period, Genco shall establish a dividend policy under which it will distribute to its shareholders through regular quarterly cash dividends complying with this Section 7.9 ("Regular Cash Dividends") all its annual earnings which it may lawfully distribute to shareholders under corporate law or applicable regulatory restrictions.

  • On or prior to the Genco Public Ownership Date, Regco shall establish commercially reasonable terms and conditions (which shall be determined by Regco on the basis of its judgment as to the terms Genco could obtain from an unaffiliated lender) under which it will lend funds to Genco from time to time upon the request of Genco on or prior to the earlier of the Option Closing Date and the Option Expiration Date.

  • From and after the Genco Public Ownership Date and prior to the Option Closing Date or, if the Option is not exercised, the Option Expiration Date, the Chief Executive Officer of Genco shall at all times be a full time employee of Genco.

  • In such event, Resources may exercise the option by giving written notice thereof to Regco at any time after the occurrence of the Regco Change in Control Event (provided the Genco Public Ownership Date has occurred and at least 30 trading days have occurred thereafter) and prior to the Option Expiration Date.

  • At least three persons who qualify as Independent Directors shall be appointed to the Board of Directors of Genco no later than three months following the Genco Public Ownership Date, provided that to the extent permitted by applicable stock exchange and other requirements two Independent Directors may be so designated no later than such time and the appointment of the third Independent Director may be delayed until a date no later than twelve months following the Genco Public Ownership Date.

  • No "Distribution Date" or "15% Ownership Date" (as such terms are defined in the Virata Rights Agreement) has occurred.

  • To implement such payment policy, the initial Genco dividend set at the Genco Public Ownership Date shall be based on estimated earnings for the remainder of the calendar year in which the Genco Public Ownership Date occurs.

  • Within 30 days after the Minority Ownership Date, the LLC will notify Vignette of the proposed Selected Systems, to include the number of copies, the number of servers, the location of the servers, the URL's hosted, and the number of pages served per day.


More Definitions of Ownership Date

Ownership Date means the first date on which all of the following have occurred: (a) the Financing Contingency and the Transmission Contingency have been waived; (b) WPSC and DPC have each received all Required Permits, and have executed the Ground Lease, Easement and EI Agreement, and all Required Permits are in full force and effect; (c) DPC has paid to WPSC (i) its share (based upon DPC's Ownership Share) of all costs incurred in connection with the design, engineering, procurement, licensing, permitting, pre-certification activities, administrative and general, interconnection, fueling, construction, operation and maintenance of Weston 4 on or prior to such date, plus a return on those costs at the WPSC Cost of Capital pursuant to Section 3(c), and (ii) its share (based upon DPC's New Common Ownership Share) of all costs incurred in connection with the design, engineering, procurement, licensing, permitting, pre-certification activities, administrative and general, interconnection, construction, operation and maintenance of the Weston New Common Facilities on or prior to such date, plus a return on those costs at the WPSC Cost of Capital pursuant to Section 3(c); and (iii) its share (based upon DPC's Existing Common Ownership Share) of all costs incurred on or prior to such date in connection with those modifications of the Weston Existing Common Facilities that are being made in conjunction with and as part of the Weston 4 project, plus a return on those costs at the WPSC Cost of Capital pursuant to Section 3(c); and (d) DPC has paid to WPSC an amount equal to the Fixed Charges associated with WPSC's investment in the Site and the Easement Property, calculated from the date construction begins on Weston 4 until the date the Companies execute the Ground Lease and the Easement.
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Ownership Date means the first date of public announcement (which, for the purpose of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) of the Exchange Act) by the Company or a 28% Stockholder after the Declaration Date disclosing the facts by virtue of which a Person has become a 28% Stockholder.
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Ownership Date means December 16, 2015.
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Ownership Date means the date that is 12 months after the Closing Date.
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Related to Ownership Date

  • Ownership Change means a change in a hospital’s owner, lessor, or operator under 42 CFR 489.18(a).

  • Ownership Percentage with respect to any Member means the percentage of ownership of a Member determined by taking the total Capital Units held by such Member divided by the aggregate total number of issued and outstanding Capital Units.

  • Ownership Share means, with respect to any Subsidiary of a Person (other than a Wholly Owned Subsidiary) or any Unconsolidated Affiliate of a Person, the greater of (a) such Person’s relative nominal direct and indirect ownership interest (expressed as a percentage) in such Subsidiary or Unconsolidated Affiliate or (b) such Person’s relative direct and indirect economic interest (calculated as a percentage) in such Subsidiary or Unconsolidated Affiliate determined in accordance with the applicable provisions of the declaration of trust, articles or certificate of incorporation, articles of organization, partnership agreement, joint venture agreement or other applicable organizational document of such Subsidiary or Unconsolidated Affiliate.

  • Ownership Change Event means the occurrence of any of the following with respect to the Company: (i) the direct or indirect sale or exchange in a single or series of related transactions by the stockholders of the Company of securities of the Company representing more than fifty percent (50%) of the total combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of Directors; (ii) a merger or consolidation in which the Company is a party; or (iii) the sale, exchange, or transfer of all or substantially all of the assets of the Company (other than a sale, exchange or transfer to one or more subsidiaries of the Company).

  • Ownership Threshold means, with respect to any Person, Beneficial Ownership of the greater of (A) 15% of the Common Shares at any time outstanding or (B) the percentage of the outstanding Common Shares Beneficially Owned by such Person on the date of this Rights Agreement, plus in the case of this clause (B) 1% of the Common Shares outstanding on such date.