Restriction Commencement Date definition

Restriction Commencement Date means the date upon which the Charter containing this Article IX is accepted for record with the State Department of Assessments and Taxation of Maryland.
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Restriction Commencement Date means the date upon which the filing of these Articles of Amendment and Restatement of the Corporation with the Maryland State Department of Assessments and Taxation becomes effective.
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Restriction Commencement Date means the date of incorporation of the Corporation.
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Examples of Restriction Commencement Date in a sentence

  • Beginning on the Restriction Commencement Date and prior to the Restriction Termination Date, any Transfer that, if effective, would result in the Corporation being "closely held" within the meaning of Section 856(h) of the Code shall be void ab initio as to the Transfer of such number of shares of Stock which would cause the Corporation to be "closely held" within the meaning of Section 856(h) of the Code, and the intended transferee shall acquire no rights in or to such portion of the Stock.

  • Except as provided in Section 5.12, beginning on the Restriction Commencement Date and prior to the Restriction Termination Date, no Person other than an Existing Holder shall Beneficially Own Stock in excess of the Ownership Limit, and no Existing Holder shall Beneficially Own Stock in excess of the Existing Holder Limit for such Existing Holder.

  • Students must enroll for the Credit/No Credit option in all sport and recreation courses; no letter grades are issued.

  • From the Restriction Commencement Date and up to and including the Restriction Termination Date, any Transfer that, if effective, would result in the Corporation being “closely held” within the meaning of section 856(h) of the Code shall be void ab initio as to the Transfer of such shares of Capital Stock which would cause the Corporation to be “closely held” within the meaning of section 856(h) of the Code; and the intended transferee shall acquire no rights in such shares of Capital Stock.

  • Except as provided in Section 11.13 of this Article XI, from the Restriction Commencement Date and up to and including the Restriction Termination Date, no Person shall Beneficially Own any class of shares of the outstanding Capital Stock in excess of the Ownership Limit; provided, however, that the Ownership Limit shall not apply to any Person whose ownership of Capital Stock of the Corporation in excess of the Ownership Limit is approved by the Board of Directors.

  • Except as provided in this Paragraph (B), beginning on the Restriction Commencement Date and at all times thereafter but prior to the Restriction Termination Date, no Person other than an Existing Holder shall Beneficially Own Capital Stock of the Corporation in excess of the Ownership Limit, and no Existing Holder shall Beneficially Own Capital Stock of the Corporation in excess of the Existing Holder Limit for such Existing Holder.

  • In accordance therewith, the Shares will be released from the Repurchase Option over a four year schedule, with 25% of the Shares being released on the first anniversary of the Restriction Commencement Date, as defined in the Restricted Stock Agreement, and the remaining portion of the Shares being released in 36 monthly instalments thereafter.

  • Through their activity, 1.6 billion daily users unintentionally cre- ate the raw material that is then processed by Facebook.

  • Except as provided in Sections 9.12 and 9.20, and subject to paragraph (f) of this Section 9.2, from the Restriction Commencement Date until the Restriction Termination Date, no Person (other than an Existing Holder) shall Beneficially Own Shares in excess of the Ownership Limit and no Existing Holder shall Beneficially Own Shares in excess of the Existing Holder Limit for such Existing Holder.

  • From the Restriction Commencement Date until the Restriction Termination Date, the Trust shall maintain and, upon request, make available to each Existing Holder, a schedule which sets forth the then current Existing Holder Limit for each Existing Holder.


More Definitions of Restriction Commencement Date

Restriction Commencement Date means a date on which a Restriction Trigger Event shall have occurred.
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Restriction Commencement Date means the first date on which the Corporation issues shares of Capital Stock.
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Restriction Commencement Date means the date upon which the Charter containing this Article IX is accepted for record with the State
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Related to Restriction Commencement Date

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.

  • the commencement date means the date on which the Contract shall take effect, as notified by the Authority to the Contractor in a letter awarding the Contract.

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

  • Lease Commencement Date has the meaning specified in Section 3.2 of the Master Lease.

  • Policy Commencement Date means the date of commencement of the Policy as specified in the Schedule.

  • Offering Commencement Date means the first day of each Offering Period.

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • Loan Commencement Date means, with respect to each Loan, the first Business Day of the calendar month following the Funding Date of such Loan.

  • Service Commencement Date in respect of a Service or a particular instance of a Service means the date on which that particular Service or particular instance of a Service is first provided to the Customer, or as otherwise explicitly set out in this Agreement;

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Commencement Date means the date of this Agreement.

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.

  • Recommencement Date As defined in Section 6(d) hereof.

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Services Commencement Date means the date delivery of the Services shall commence as specified in the Key Provisions. If no date is specified in the Key Provisions this date shall be the Commencement Date;

  • Employment Commencement Date means the date on which the Employee first performs an Hour of Service.

  • Issuer Call Commencement Date means the date specified as such in the definition of the relevant Series in the applicable Final Terms;

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • Billing Commencement Date means the earlier of:

  • Offer Commencement Date means the date on which Purchaser commences the Offer, within the meaning of Rule 14d-2 under the Exchange Act.

  • Quarterly Commencement Date means the 1st day of each of April, July, October and January in each year.

  • Framework Commencement Date means [insert date dd/mm/yyyy];

  • Annuity Commencement Date is the first day of the month an annuity begins under this contract. This date may not be later than the date a Participant's periodic benefits are required to commence under the Code.

  • Pay Out Commencement Date means the date on which a Trust Pay Out Event is deemed to occur pursuant to Section 9.01 of the Agreement or a Series 2001-D Pay Out Event is deemed to occur pursuant to Section 7 hereof.