Examples of Refund Notice in a sentence
For purposes of this Section 3.3, the value of each Share shall be the average closing price on the New York Stock Exchange of CryoLife’s common stock for the ten (10) trading days preceding and ending on the Business Day immediately preceding the date on which SMI receives the Refund Notice.
Upon the giving of the Refund Notice to Clean Technologies, Investor shall have no further obligation to make any Funding Payment until all of the conditions in Section 2.5 and Section 2.7 are satisfied.
If SMI is unable to cure any Refund Event within sixty (60) days after receipt of the applicable Refund Notice, CryoLife shall have the right (but not the obligation) to satisfy all or any portion of any Losses incurred by the CryoLife Indemnitees as a result of such Refund Event (the “Refund Losses”) by promptly cancelling a number of Shares with an aggregate value up to the aggregate amount of such Refund Losses.
The Depositary shall also deliver with each check in payment of a portion of the distribution specified in the Refund Notice (other than a check in payment of a refund of withholding tax under the Convention) a written reminder to the Owners (in the form agreed with the Company) of the procedures set forth in the Refund Notice.
By noon of the Business Day following the later of the day on which the Escrow Agent has received the Refund Notice or the day on which such subscriber's funds are collected by the Escrow Agent, the Escrow Agent shall return such subscriber's cash deposit, without interest thereon, to the Company, and shall, as soon as practicable, mail (by first class mail) to the subscriber at such subscriber's address as furnished to the Escrow Agent by the Company less any applicable withholding taxes or fees.
By noon of the Business Day following the later of the day on which the Escrow Agent has received the Refund Notice or the day on which such subscriber's funds are collected by the Escrow Agent, the Escrow Agent shall return such subscriber's cash deposit, without interest thereon, to the subscriber, and shall, as soon as practicable, mail (by first class mail) to the subscriber at such subscriber's address as furnished to the Escrow Agent by the Company less any applicable withholding taxes or fees.
Such written reminder and the Refund Notice shall state (among other requirements) that all certifications of entitlement to a refund of Italian withholding tax under the Convention (including each report of ownership by a financial intermediary) must be dated later than the date of the Dividend Notice and that each such certification that is dated on or before the date of the Dividend Notice shall be treated as incomplete by the Depositary and the Company.
If Shareholders have not so cured such event within such period of time, or if such event is not curable, then 4MC may give a notice (the "Refund Notice") to Xxxxxxxxx and Xxxxxx requesting repayment of the Deposit.
The Administrative Agent has questioned whether the Tax Refund Notice satisfied the requirements of the Credit Agreement.
In the event that Buyer shall deliver to Escrow Agent a Refund Notice, Escrow Agent shall, within one (1) Business Day after receipt of such Refund Notice, give written notice to the Bank together with a copy of the Refund Notice, in accordance with the notice provisions set forth in Section 15 hereof.