Second Adjustment Date definition

Second Adjustment Date means the earlier of (i) the date that is twelve (12) months after the Effective Date, or (ii) provided that Borrower is in compliance with the terms and provisions of this Agreement and no Event of Default or Unmatured Event of Default shall exist, the date selected by Borrower by written notice to Administrative Agent. Any such election by Borrower shall be irrevocable.
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Second Adjustment Date shall have the meaning ascribed to such term in Section 1.04(b);
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Second Adjustment Date means May 1, 2017.
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Examples of Second Adjustment Date in a sentence

  • If XXXX equals zero, no adjustment to the Original Purchase Price shall be made for the Second Adjustment Date.

  • On April 15, 2023 (the “Second Adjustment Date”), the Conversion Price shall be adjusted to the lesser of: (i) the Conversion Price in effect on the Second Adjustment Date, or (ii) 85% of the average closing price of the Common Stock on the Trading Market for the fifteen (15) Trading Days prior to the Second Adjustment Date.

  • To bridge this gap, frequency converters are necessary, increasing costs and introducing operational complexities.

  • Parent shall then calculate the "Second Adjustment to Purchase Price" as follows: XXXX = SADV - FADV where XXXX is the Second Adjustment to Purchase Price; SADV is the Second Adjustment Date Value as calculated on the Second Adjustment Date using the Valuation Method; and FADV is the First Adjustment Date Value.

  • Parent shall then calculate the "Second Adjustment to -------------------- Purchase Price" as follows: -------------- XXXX = SADV - FADV where XXXX is the Second Adjustment to Purchase Price; SADV is the Second Adjustment Date Value as calculated on the Second Adjustment Date using the Valuation Method; and FADV is the First Adjustment Date Value.


More Definitions of Second Adjustment Date

Second Adjustment Date means the date on which the Company achieves Product Sales Revenues equal to or exceeding $15 million for the trailing 12 month period.
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Second Adjustment Date has the meaning set forth in Section 6(a)(iii) hereof.
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Second Adjustment Date means a date after the First Adjustment Date that is the earliest of (1) the date that is the twenty first (21st) Trading Day immediately following the date that some or all of the Registrable Securities have become registered pursuant to an effective Registration Statement, (2) the date that is the twenty first (21st) Trading Day immediately following the date that such Buyer can sell all of the Registrable Securities without restriction or limitation pursuant to Rule 144, (3) the date that is the twenty first (21st) Trading Day immediately following the date that is one (1) year immediately following the Closing Date.
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Second Adjustment Date means the date that is thirty (30) days following the First Adjustment Date (or if such date is not a Trading Day, the Trading Day immediately preceding such date).
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Second Adjustment Date means the earlier of (i) the final settlement of all contract reconciliations between the Specified Customers and the Company for contract years ending prior to January 1, 2023 or (ii) December 31, 2023.
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Second Adjustment Date means the date on which the Second Adjustment Period ends;
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Second Adjustment Date has the meaning set forth in Section 2.10(b).”
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