Examples of Stay Period in a sentence
If a Change of Control (as defined in Section 3.4.1 hereof) occurs, and the Executive continues employment for six (6) months after the date of the Change of Control (as defined in Section 3.4.1 hereof) (the “Stay Period”), the Executive may terminate the Employment Term (the “Resignation”) during the ninety (90) days following the Stay Period (the “Window Period”).
The Applicants are seeking an extension of the Stay Period to May 31, 2021 to provide sufficient time for the Applicants to finalize and seek approval of the APA, and to close the APA on or before May 31, 2021, which is the maturity date of the DIP Facility.
Justice Hainey granted January 18, 2018, the Stay Period was extended to March 30, 2018.
After the expiration of a Stay Period, the Liquidating Member may, at its option, provide a new Appraisal Election Notice as provided in Section 12.5.1 at any time or reinstate the Sale Notice given pursuant to Section 12.5.4 by written notice to the Company given within 10 business days following the expiration of such Stay Period, in which case the last permitted Pay Date shall be extended by the number of days of the Stay Period.
Stay Period"); (c) approving the interim financing agreement among the Companies, as borrowers, and Invico Diversified Income LP (“IDI”), as lender (the “Interim Financing Agreement”); and (d) appointing BDO Canada Limited ("BDO") as the Monitor of the Companies in these proceedings.