Examples of Rescission Date in a sentence
The Company shall give notice of any such rescission by first-class mail, postage prepaid, mailed as promptly as practicable but in no event later than the close of business on that day which is five Trading Days following the Rescission Date to each Holder of Securities at the close of business on the Rescission Date and to the Trustee and the Paying Agent.
The obligation of the Company under this Section 7(o) shall be deferred during any Suspension Period and shall recommence upon a Suspension Rescission Date.
On a Suspension Rescission Date, the provisions of this Section 7(l) shall once again be operative.
The Company shall give notice of any such rescission by first−class mail, postage prepaid, mailed as promptly as practicable but in no event later than the close of business on that day which is five Trading Days following the Rescission Date to each Holder of Securities at the close of business on the Rescission Date and to the Trustee and the Paying Agent.
By his acceptance and execution of this instrument, Employee acknowledges and confirms his consent hereto and waives any claim that the herein-specified reduction of his annual salary from the date hereof to and including the Rescission Date constitutes a breach of, or otherwise provides him with any right to terminate his employment under, his Employment Agreement.