Second Installment Payment Date definition

Second Installment Payment Date shall have the meaning given to such term in Section 2.02(e).

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Second Installment Payment Date shall have the meaning set forth in Section 6.6(a) hereof.

Second Installment Payment Date is defined in Section 3.2(b).

Examples of Second Installment Payment Date in a sentence

• Elevation has legally binding capital commitments sufficient to, and will have, on the First Installment Payment Date and the Second Installment Payment Date, respectively, sufficient funds to, pay the Installment Payment payable at such date pursuant to Section 2.2.

• Notwithstanding anything to the contrary herein, (i) on or prior to the date that is ninety (90) days prior to the Second Installment Payment Date, the Issuer shall have funded the Insurance Reserve Account in an amount not less than the Second Installment Amount, and (ii) on or prior to the date that is ninety (90) days prior to the Third Installment Payment Date, the Issuer shall have funded the Insurance Reserve Account in an amount not less than the Third Installment Amount.

• Prior to the Second Installment Payment Date, the Company shall further amend the Company Rights Agreement in a manner reasonably satisfactory to Elevation to comply with the intention expressed in Section 4.5 of the Amended and Restated Stockholders’ Agreement.

• Upon and in the event of CNG's payment of the Second Installment Payment on or before the Second Installment Payment Date, CNG shall be entitled to designate a majority of members of the Board of Directors of CLCK.

• CNG shall have no cure period whatsoever for the failure to pay the Second Installment Payment in a timely manner on the Second Installment Payment Date.

• Consultant shall receive payment of the First Installment on the First Installment Payment Date and the Second Installment on the Second Installment Payment Date.

• If, prior to the Second Installment Payment Date, Executive’s employment is terminated by the Company without Cause (as defined below) or Executive resigns for Good Reason (as defined below) then the Executive will be eligible to receive the Second Installment on the next regularly scheduled payroll date following the Release Effective Date (as defined below), provided that Executive has timely executed and has not revoked the Release by such date.