Recovery Date definition

Recovery Date means either: 2.1.8.1. the lapsing of the state of Disaster 3 (Three) months after the state of disaster was declared on 15 March 2020, being 15 June 2020; or 2.1.8.2. at any time before the date as set out in 2.1.8.1, should the Minister terminate the state of disaster; or 2.1.8.3. in the event that the state of Disaster is extended, the end of any extension of the state of Disaster by the Minister, which extension will be Gazetted;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Recovery Date means the date on which Squire has been repaid 100% of its capital contributions to Aracore including, but not limited to, the Initial Financing.

Recovery Date means the date that any principal or interest on the Loan is paid by JPE to ASC.

Examples of Recovery Date in a sentence

• If the Grantee resigns (including due to retirement) or is terminated for cause prior to the Recovery Date then the unvested Restricted Share Units will be terminated without any further vesting after the date of the Suspension Event, unless otherwise agreed by the Company.

• If the Grantee resigns (including due to Retirement) or is terminated for Cause prior to the Recovery Date then the unvested Restricted Share Units will be terminated without any further vesting after the date of the Suspension Event, unless otherwise agreed by the Company.

• If the Suspension Event has occurred and prior to the Recovery Date, the Grantee dies, is disabled or is terminated without cause, then the provisions of this Section 5 and Section 6 continue to apply notwithstanding the Suspension Event.

• If the Grantee resigns (including due to retirement) or is terminated for cause prior to the Recovery Date then the unvested Earned Performance Share Units will be terminated without any further vesting after the date of the Suspension Event, unless otherwise agreed by the Company.

• If the Suspension Event has occurred and prior to the Recovery Date, the Grantee dies, is disabled or is terminated without cause, then the provisions of this Sections 4(a), 4(b) and Section 6 continue to apply notwithstanding the Suspension Event.

• During the period, if any, following the Initial GUC Distribution Date and prior to the Final Recovery Date, the Trust Administrator shall make such determination no less frequently than once each calendar year and no more frequently than once each calendar quarter, and following the Final Recovery Date such determination shall be made once each calendar quarter.

• The Tenant agrees that the Capital Amount will be calculated by the Landlord at the Recovery Date and hereby admits being indebted to the Landlord for the Capital Amount.

• Rent from the Recovery Date or the Cancellation Date will be the full amount due by the Tenant under the Lease Agreement.

• If the Suspension Event has occurred and prior to the Recovery Date, the Grantee dies, is disabled or is terminated without Cause, then the provisions of this Section 5 and Section 6 continue to apply notwithstanding the Suspension Event.

• F1 is the Relevant Index Figure the Designated Date or, if a Recovery Date has been agreed or determined, at the Recovery Date.

More Definitions of Recovery Date

Recovery Date has the meaning specified in Section 5 of this Agreement.

Recovery Date means the date on which the first of either an Owner or an Investor recovers its Prior Costs from Net Proceeds.

Recovery Date shall have the meaning set forth in Article II of the Operating Agreement of TOP Gathering, LLC, of even date herewith.