Remedies Exercise Date definition

Remedies Exercise Date has the meaning specified in Section 18.2(b).
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Remedies Exercise Date shall have the meaning set forth in the DIP Order. “Remedies Exercise Notice” shall have the meaning set forth in the DIP Order.
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Remedies Exercise Date means the date, which date shall be determined by the Administrative Agent in its sole and absolute discretion, on which the Administrative Agent shall commence the exercise of any remedies pursuant to Section 15 of the Security and Pledge Agreement or the Borrower shall commence any action to sell all or substantially all of its and its Subsidiaries’ assets (excluding, for the avoidance of doubt, any Dispositions described on Schedule 6.10).”
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Examples of Remedies Exercise Date in a sentence

  • Until the Second Lien Remedies Exercise Date, the Second Lien Agent, on behalf of itself and the Second Lien Secured Parties, agrees not to seek relief from the automatic stay or any other stay in any Insolvency Proceeding in respect of any portion of the Collateral (other than in connection with the provision of DIP Financing) without the First Lien Agent’s express written consent.

  • Following the earlier of the Bank Loan Termination Date and the Term Loan Remedies Exercise Date, except as otherwise expressly provided in this Intercreditor Agreement, (x) the Term Loan Agent shall be entitled to deal with the Collateral in its possession or under its control in accordance with the terms of the Term Loan Documents and (y) the rights of the Revolving Credit Agent shall at all times be subject to the terms of this Intercreditor Agreement.

  • Except to the extent set forth in Section 3.5, the ABL Agent, for itself and on behalf of the ABL Secured Parties, agrees that none of the ABL Agent or the ABL Secured Parties will take any action that would interfere with any Exercise of Secured Creditor Remedies undertaken by the Term Agent under the Term Documents with respect to the Term Priority Collateral (or after the Term Remedies Exercise Date, the ABL Priority Collateral).

  • The ABL Agent, for itself and on behalf of the ABL Secured Parties, hereby waive any and all rights it or the ABL Secured Parties may have as a junior lien creditor or otherwise to contest, protest, object to, or interfere with the manner in which the Term Agent seeks to enforce its Liens in any Term Priority Collateral (or after the Term Remedies Exercise Date, the ABL Priority Collateral).

  • Following the earlier of the Bank Loan Termination Date and the Term Loan Remedies Exercise Date, the Term Loan Agent shall have the exclusive right, subject to the rights of the Credit Parties under the Term Loan Agreement, to settle and adjust all insurance claims compensating for the loss, damage or destruction of Collateral (including all business interruption insurance claims).

  • Following the earlier of the Bank Loan Termination Date and the Term Loan Remedies Exercise Date, the Revolving Credit Agent hereby agrees, upon request of Term Loan Agent at any time and from time to time, to execute such other documents or instruments as may be reasonably requested by Term Loan Agent further to evidence of public record or otherwise the senior priority of the Liens securing the Term Loan Debt as contemplated hereby.

  • The date following the Remedy Standstill Period and identified in the prior written notice delivered by the Term Loan Agent to the Revolving Credit Agent as provided in Section 3.2(a), provided that the Term Loan Remedies Exercise Date shall not be deemed to have occurred if prior to the expiration of the Remedy Standstill Period the Revolving Credit Agent is diligently pursuing in good faith the exercise of its enforcement rights and remedies against all or a material portion of the Collateral.

  • Until the earlier of the Bank Loan Termination Date and the Term Loan Remedies Exercise Date, the Revolving Credit Agent shall have the exclusive right, subject to the rights of the Credit Parties under the Revolving Credit Agreement, to settle and adjust all insurance claims compensating for the loss, damage or destruction of Collateral (including all business interruption insurance claims).

  • Until the earlier of the Bank Loan Termination Date and the Term Loan Remedies Exercise Date, the Revolving Credit Agent shall have the exclusive right to give notices, take any action under or settle any disputes arising under and in connection with any cash management arrangement, including without limitation under Section 7.2 of the Revolving Credit Agreement and any Security Documents required to have been delivered pursuant to such Section 7.2 of the Revolving Credit Agreement.

  • The Term Agent, for itself and on behalf of the Term Credit Parties, agrees that none of the Term Agent or the Term Credit Parties will take any action that would interfere with any Exercise of Secured Creditor Remedies undertaken by the ABL Agent or any ABL Secured Party under the ABL Documents with respect to the ABL Priority Collateral (or after the ABL Remedies Exercise Date, the Term Priority Collateral).


More Definitions of Remedies Exercise Date

Remedies Exercise Date shall have the meaning set forth in the DIP Order.
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Related to Remedies Exercise Date

  • Initial Exercise Date shall have the meaning ascribed to such term in the Preamble.

  • Initial Warrant Exercise Date means __________, 1997.

  • Automatic Exercise Date means, with respect to an Option or a Stock Appreciation Right, the last business day of the applicable Option Term or Stock Appreciation Right Term that was initially established by the Administrator for such Option or Stock Appreciation Right (e.g., the last business day prior to the tenth anniversary of the date of grant of such Option or Stock Appreciation Right if the Option or Stock Appreciation Right initially had a ten-year Option Term or Stock Appreciation Right Term, as applicable).

  • New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.

  • Exercise Date means the last day of each Offering Period.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

  • RMB Non-Transferability means the occurrence of any event that makes it impossible for the Issuer to deliver RMB between accounts inside Hong Kong or from an account inside Hong Kong to an account outside Hong Kong (including where the RMB clearing and settlement system for participating banks in Hong Kong is disrupted or suspended), other than where such impossibility is due solely to the failure of the Issuer to comply with any law, rule or regulation enacted by any Governmental Authority (unless such law, rule or regulation is enacted after the Issue Date of the first Tranche of the relevant Series and it is impossible for the Issuer due to an event beyond its control, to comply with such law, rule or regulation);

  • Date of Exercise means the date on which the Company shall have received (i) this Warrant (or any New Warrant, as applicable), with the Form of Election to Purchase attached hereto (or attached to such New Warrant) appropriately completed and duly signed, and (ii) payment of the Exercise Price for the number of Warrant Shares so indicated by the holder hereof to be purchased.

  • Aggregate Option Exercise Price means, as of any date of determination, the sum of the exercise prices payable upon exercise in full of all Vested Options held by all Optionholders immediately prior to the Effective Time, based on the Estimated Merger Consideration or the Final Adjusted Merger Consideration, as applicable.

  • Exchange Rights shall have the meaning set forth in Paragraph 2 hereof.

  • Option Exercise Date has the meaning specified in Section 2.1.

  • Exchange Right has the meaning set forth in Section 2.1 hereof.

  • Automatic Exercise Applicable; and means that for each Expiration Date, a number of Warrants equal to the Daily Number of Warrants for such Expiration Date will be deemed to be automatically exercised at the Expiration Time on such Expiration Date.

  • Exercise Notice Deadline In respect of any exercise of Options hereunder on any Conversion Date, the “Scheduled Trading Day” prior to the scheduled first “VWAP Trading Day” of the “Observation Period” (each as defined in the Indenture, but, in the case of any such Observation Period, as modified by the provision set forth opposite the caption “Convertible Security Settlement Method”) relating to the Convertible Securities converted on the Conversion Date occurring on the relevant Exercise Date; provided that in the case of any exercise of Options hereunder in connection with the conversion of any Relevant Convertible Securities on any Conversion Date occurring during the period starting on and including June 4, 2020 and ending on and including the second “Scheduled Trading Day” immediately preceding the “Maturity Date” (each as defined in the Indenture) (the “Final Conversion Period”), the Exercise Notice Deadline shall be noon, New York City time, on the “Scheduled Trading Day” (as defined in the Indenture) immediately preceding the “Maturity Date” (as defined in the Indenture).

  • Conversion Rights means exchange of, or the rights to exchange, the Principal Amount of the Loan, or any part thereof, for fully paid and nonassessable Common Stock on the terms and conditions provided in the Debentures.

  • Non-transferability means the occurrence of any event that makes it impossible for the Issuer to deliver Renminbi between accounts inside Hong Kong or from an account inside Hong Kong to an account outside Hong Kong, other than where such impossibility is due solely to the failure of the Issuer to comply with any law, rule or regulation enacted by any Governmental Authority (unless such law, rule or regulation is enacted after the Issue Date and it is impossible for the Issuer, due to an event beyond its control, to comply with such law, rule or regulation).

  • Minimum Exercise Amount means the Minimum Exercise Amount as specified in § 1 of the Product and Underlying Data.

  • Exercise Termination Event (i) the Effective Time (as defined in the Merger Agreement) of the Merger; (ii) termination of the Merger Agreement in accordance with the provisions thereof if such termination occurs prior to the occurrence of an Initial Triggering Event, except a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional); or (iii) the passage of 12 months after termination of the Merger Agreement if such termination follows the occurrence of an Initial Triggering Event or is a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional) (provided that if an Initial Triggering Event continues or occurs beyond such termination and prior to the passage of such 12-month period, the Exercise Termination Event shall be 12 months from the expiration of the Last Triggering Event but in no event more than 18 months after such termination). The "Last Triggering Event" shall mean the last Initial Triggering Event to expire. The term "Holder" shall mean the holder or holders of the Option.

  • Share Termination Settled in relation to the Transaction means that the Share Termination Alternative is applicable to the Transaction.

  • Automatic Exchange Rights means the benefit of the obligation of Parent to effect the automatic exchange of Parent Common Shares for Exchangeable Shares pursuant to Section 5.13.

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

  • Warrant Exercise Price means $0.05 per share.

  • Demand Exercise Notice has the meaning set forth in Section 2.1(a).

  • Market Value per Share means, as of any particular date, the closing price of a Common Share as reported for that date on the New York Stock Exchange or, if the Common Shares are not then listed on the New York Stock Exchange, on any other national securities exchange on which the Common Shares are listed, or if there are no sales on such date, on the next preceding trading day during which a sale occurred. If there is no regular public trading market for the Common Shares, then the Market Value per Share shall be the fair market value as determined in good faith by the Committee. The Committee is authorized to adopt another fair market value pricing method provided such method is stated in the applicable Evidence of Award and is in compliance with the fair market value pricing rules set forth in Section 409A of the Code.