Required Delivery Date definition
Examples of Required Delivery Date in a sentence
If the Company fails to issue and deliver (or cause to be delivered) to the Buyer by the Required Delivery Date a new Note so delivered to the Company by such Buyer that is free from all restrictive and other legends, then, in addition to all other remedies available to such Buyer, the Company shall pay in cash to such Buyer on each day after the Required Delivery Date that the issuance is not timely effected an amount equal to 2% of the original principal amount of such Buyer’s Note.
The Company shall cause its counsel to issue a legal opinion to the Transfer Agent or the Buyers promptly after such time as such legend is no longer required under this Section, and in any event within such time as to enable the Transfer Agent to remove the legend hereunder by the Required Delivery Date, if required by the Transfer Agent to effect the removal of the legend hereunder, or if requested by a Buyer, respectively.
If the Company fails to issue and deliver (or cause to be delivered) to the Investor by the Required Delivery Date a Note so delivered to the Company by such Investor that is free from all restrictive and other legends, then, in addition to all other remedies available to such Investor, the Company shall pay in cash to such Investor on each day after the Required Delivery Date that the issuance is not timely effected an amount equal to 2% of the original principal amount of such Investor's Note.
The Required Delivery Date (RDD) shall be a date determined from the date the order is placed and the agreed Contractor’s “lead time” for delivery of the relevant Contractor Deliverable specified in Annex A to Schedule 2.
The shipping documents shall indicate a Required Delivery Date (RDD) no later than 14 days after shipment is picked up by the carrier for locations within continental United States (CONUS).