Examples of Replacement Event Notice in a sentence
The escrow holder will release the items in escrow to CamelBak unless Innova disputes the existence of the Replacement Event, and commences arbitration of the issue within fifteen days of the Replacement Event Notice, which arbitration shall be conducted by a single arbitrator chosen in accordance with the commercial rules of the American Arbitration Association, but otherwise shall be conducted in accordance with section 25 below.
The directors of the Issuer shall forthwith either notify the Trustee, the Noteholders and the Realisation Agent of the receipt of such Replacement Event Notice or, where the directors of the Issuer have determined that a Realisation Agent Bankruptcy has occurred, send a Replacement Event Notice to the Trustee, the Noteholders and the Realisation Agent (the date of such notification being the “Notification Date”).
For the avoidance of doubt, where more than one valid Replacement Event Notice in respect of the same Realisation Agent Bankruptcy has been issued, only the earliest of these will be valid for the purposes of this Condition 10(c) (Termination and Replacement following a RealisationAgency Bankruptcy).
The directors of the Issuer shall either notify the Trustee, the Noteholders and the Disposal Agent of the receipt of such Replacement Event Notice or, where the directors of the Issuer have determined that a Disposal Agent Bankruptcy has occurred, send a Replacement Event Notice to the Trustee, the Noteholders and the Disposal Agent (the date of such notification being the “Notification Date”).
KW may (but shall not be required to), at any time following the occurrence of a Replacement Event, up to the date that is ninety (90) days following delivery of a Replacement Event Notice, deliver a termination notice to CCA (“Termination Notice”) removing CCA as Managing Member and terminating any and all rights CCA may have to manage the Company.
For the avoidance of doubt, where more than one valid Replacement Event Notice in respect of the same Realisation Agent Bankruptcy has been issued, only the earliest of these will be valid for the purposes of this Condition 10(c) (Termination and Replacement following a Realisation Agency Bankruptcy).
For the avoidance of doubt, where more than one valid Replacement Event Notice in respect of the same Disposal Agent Bankruptcy has been issued, only the earliest of these will be valid for the purposes of this Condition 10(c) (Termination and Replacement following a Realisation Agency Bankruptcy).
The directors of the Issuer shall either notify the Trustee, the Noteholders and the Realisation Agent of the receipt of such Replacement Event Notice or, where the directors of the Issuer have determined that a Realisation Agent Bankruptcy has occurred, send a Replacement Event Notice to the Trustee, the Noteholders and the Realisation Agent (the date of such notification being the “Notification Date”).