Residual Period definition
Examples of Residual Period in a sentence
Each 3 month period within the contract term until the final 3 month or lesser period prior to the contract term end date (the ‘Residual Period’); and the number of months in the Residual Period.
There will be no Residual Period if the Bank has terminated this Agreement pursuant to the third sentence of Section 7(a) of this Agreement.
Each full 12 month period within the contract term until the final 12 month or lesser period prior to the contract term end date (the ‘Residual Period’); and the number of months in the Residual Period.
The Placement Agent will provide the Company with a list of purchasers who are subject to the Residual Period within five (5) business days of the earlier of the date of termination or expiration of the Offering.
The "Residual Period" shall extend for twelve months after the date of the expiration of the Term.