Examples of Second Long Stop Date in a sentence
If the conditions precedent to the HK Yinger CB Subscription Agreement are not fulfilled at or before 5: 00 p.m. on the Second Long Stop Date, then unless the Company and HK Yinger mutually agree to further extend the long stop date, the HK Yinger CB Subscription Agreement shall lapse and become null and void and the parties to the HK Yinger CB Subscription Agreement shall be released from all obligations thereunder forthwith, save for liabilities for any antecedent breaches thereof.
If the HK Yinger CB Subscription proceeds to completion before the Second Long Stop Date, the Company will be able to apply the raised proceeds in partial set-off and repayment of the outstanding principal and accrued interest of the First and Second HK Yinger Loans on or before their respective contractual due dates.
In addition to the proceeds referred to above, the Company has also conditionally raised a further£0.45 million (before expenses) through the PrimaryBid Offer, which is conditional on, amongst other things, Second Admission becoming effective by no later than 8.00 a.m. on 20 July 2020 (or such later time and/or date as the Company and finnCap may agree, not being later than 8.00 a.m. on the Second Long Stop Date).
Regular education teachers who serve identified students are encouraged to pursue an add-on licensure.
Oceanwide Holdings (the holding company of the Second Purchaser) has obtained the necessary approval from the relevant authorities in the PRC in respect of the Second Possible Transaction and the transaction contemplated thereunder.If the Parties enter into S&P Agreement on or before the Second Long Stop Date, the deposit will be changed to deposit under the S&P Agreement and be released to the Sellers.