Examples of Restart Date in a sentence
Servicer covenants and agrees hereby to deliver to Trustee, on or prior to the Automatic Addition Termination Date or any Automatic Addition Suspension Date (but in the latter case, prior to a Restart Date) within a reasonable time period after any Transferred Account is created, but in any event not later than 15 days after the end of the month within which the Transferred Account is created, a notice specifying the new account number for any Transferred Account and the replaced account number.
If the Debentures are converted during the first five years, the Company may elect to pay cash equal to the fair value of the common stock at the time of the conversion.
Servicer covenants and agrees hereby to deliver to Indenture Trustee, after the Automatic Addition Termination Date or any Automatic Addition Suspension Date (but in the latter case, prior to a Restart Date) within a reasonable time period after any Transferred Account is created, but in any event not later than 15 days after the end of the month within which the Transferred Account is created, a notice specifying the new Account Number for any Transferred Account.
The Borrowers’ failure to restart Refinery operations as required hereinabove as of the Required Restart Date shall be deemed an Event of Default under the Credit Agreement.
For purposes of satisfying this covenant, Borrowers shall be required to (i) resume refining operations at the Refinery on or before the Required Restart Date, and (ii) process on average, for seven (7) consecutive days immediately following the actual date of restart, an amount of crude oil daily equal to 40,000 bpd (the “Restart”).