Examples of Second Expiration Date in a sentence
The Board would like to emphasise that when considering whether to enter into the Supplemental Agreement, the Directors believe that the current expected timeline for obtaining the Conversion Approval is achievable and it remains the Company’s intention that the Conversion Approval will be obtained by the Second Expiration Date and the tile of the Land can be transferred to the Group directly.
At any time following the first anniversary of the Second Expiration Date, Parent or the Surviving Corporation shall be entitled to require the Exchange Agent to deliver to it any shares of Parent Common Stock and cash in lieu of fractional shares that have not been disbursed to Company Stockholders, other than property held in escrow, and Parent shall be entitled to cancel any such shares (in each case subject to abandoned property, escheat or other similar requirements under Applicable Law).
No later than 12 months prior to the Second Expiration Date, the Parties shall discuss whether options other than a liquidation of the JV Co are available to allow the pursuit of the JV Co’s business objectives and the possibility of a partial or full sale of the JV Co and/ or a partial or full exit of Stellantis and/or Wonderful Stars, in each case with a view to obtaining the best market value for the JV Co’s assets.
Upon mutual agreement between the Parties, this Agreement shall be deemed extended until the date that is the 20th anniversary of Completion (the "Second Expiration Date").
If a Put Exercise Notice covering 100% of Bressler’s Company Shares shall not have been delivered to Parent by the Second Expiration Date, Parent shall have the irrevocable and exclusive right, but not the obligation, to require Bressler to sell to Parent or its designee all of his remaining Company Shares at the Put-Call Purchase Price (the “ Call Right”).