Takedown Period definition

Takedown Period means the period commencing on the Initial Closing Date and ending upon the first to occur of: (a) the date on which the Remaining Commitment of the Investor is zero dollars; (b) the occurrence of a Change of Control; (c) the termination of this Agreement in accordance with Article VIII; (d) the occurrence of an Insolvency Event, or (e) the fifth anniversary of the Initial Closing.
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Takedown Period means any time during the period from December 11, 2002 to February 7, 2004, or during any extension of such period by Lender (which extension shall not incur additional cost to Borrower), during which no material adverse change in the financial condition of Borrower has occurred.
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Takedown Period means the earlier of: (i) the fifth anniversary of the Effective Date, or such later date set by the Board in its sole discretion, (ii) the funding of each Member’s Remaining Commitment or (iii) the consummation of a Qualified Public Offering.
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Examples of Takedown Period in a sentence

  • No event that would cause the termination of the Takedown Period shall have occurred.

  • Subject to the terms hereof, on and after the --------------- Effective Date until the First Takedown Period, Bank will advance Debtor the sum of up to One Million Five Hundred Thousand Dollars ($1,500,000.00), which shall be used to finance new equipment for Pharmaceutics.

  • During the Takedown Period, Lender shall use best efforts to identify and obtain additional sources of funding in the amount of an additional $5,000,000 for Borrower, the terms of which funding shall be acceptable to Borrower.

  • During the Takedown Period Lender shall loan to Borrower pursuant to the terms and conditions hereof, those amount(s) listed on one or more Funding Requests submitted to Lender in such form and substance acceptable to the Lender, setting forth a request for funding and attaching thereto a “Schedule B” describing in detail that portion of the Borrower’s goods, Soft Costs and Equipment against which an advance is to be made hereunder; provided, Soft Costs shall comprise no more than 15% of any advance.

  • Subject to the terms hereof, on and after the --------------- Effective Date until the close of business on September 26, 1997 (the "First Takedown Period"), Bank will advance Debtor the sum of up to Three Million Dollars ($3,000,000.00), which shall be used to finance the leasehold improvements made to that certain building located at 000 Xxxxxxxx Xxxxx, Xxxx Xxxxxxxxxx, Xxxxxxxxxxxx leased to Pharmaceutics (the "First Term Loan").

  • Subject to the terms hereof, on and after the ---------------- Effective Date Bank will advance Debtor the sum of up to Two Million Five Hundred Thousand Dollars ($2,500,000.00), which shall be used to finance the purchase of computers and software for the CRO Division, as follows: until the First Takedown Period, in an amount up to One Million Five Hundred Thousand Dollars ($1,500,000.00) and until December 29, 1997 in an amount up to One Million Dollars ($1,000,000.00).

  • During the period from the making of each Advance of the Non-Revolving Equipment Loan, throughout the term of the Takedown Period (as defined in the Non-Revolving Equipment Note), Debtor will pay interest as it accrues on the Non-Revolving Equipment Loan, on the first day of each calendar month, but shall not be obligated to make principal repayments.

  • Commencing on the first day of the month immediately following the expiration of the Takedown Period, and on the first day of each calendar month thereafter, Debtor shall pay to Bank forty-eight (48) equal monthly installments of principal together with all unpaid interest as it shall have accrued on the Non- Revolving Equipment Loan amortized over such forty-eight (48) months.

  • Purchaser/Builder shall have the right at any time to proceed to settlement on more Lots than the minimum number of Lots required to be purchased during any 2008-2011 Takedown Period, at the purchase price applicable to such 2008-2011 Takedown Period.

  • The Remaining Commitment of EnCap shall be reduced to zero dollars ($0.00) upon the expiration of the Takedown Period (and, if necessary, the Company shall revise Schedule I to appropriately reflect such decrease without the consent of any other Person).


More Definitions of Takedown Period

Takedown Period means the period from the Effective Date until the earlier of (a) the third (3rd) anniversary of the Effective Date, or such later date set by the Board (and approved by Fortis Operating); (b) the date on which EnCap’s Remaining Commitments are zero dollars ($0.00); (c) the consummation of an Exit Event; or (d) the Bankruptcy of the Company.
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Takedown Period. All Equipment Schedules shall takedown prior to March 31, 1998. Maintenance, Taxes, and Insurance: For the account of the Lessee.
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Related to Takedown Period

  • Registration Period shall have the meaning assigned to such term in Section 3(a).

  • Demand Registration Notice has the meaning set forth in Section 2.1.

  • Initial Offering Period means the period commencing with the initial effective date of the Prospectus and terminating no later than the ninetieth (90th) day following such date unless extended for up to an additional 90 days at the sole discretion of the General Partner.

  • Shelf Period has the meaning set forth in Section 2.02(b).

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • Run-out Period means a period after the close of a Plan Year or other period during which Participants in a flexible spending arrangement (FSA) may request reimbursement for expenses incurred during the Period of Coverage.

  • Ramp Period The Ramp Period begins on the Effective Date and ends after three (3) full months. At all times during the Ramp period, Customer will receive the rates, discounts, charges and credits in the agreement and will not be subject to an AVC. Annual Volume Commitment (“AVC”): Customer agrees to pay Company no less than $2,836,000 in Total Service Charges in each twelve-month period during the Initial Term (“Contract Year”), which is the Annual Volume Commitment (“AVC”).

  • Initial Required Registration Amount means (I) the sum of (i) the number of Common Shares and (ii) the maximum number of Warrant Shares issued and issuable pursuant to the Warrants, without regard to any limitations on exercise of the Warrants or (II) such other amount as may be permitted by the staff of the SEC pursuant to Rule 415.

  • Opt-Out Period means the period that begins the day after the earliest date on which the Notice is first distributed, and that ends no later than 30 days before the Final Approval Hearing. The deadline for the Opt-Out Period shall be specified in the Notice.

  • Registration Deadline means the day falling 90 Registration Business Days after the Issue Date;

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination and (B) subsequent to the Business Combination, (x) if the closing price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

  • Shelf Takedown Notice shall have the meaning given in subsection 2.1.3.

  • Lock-up Period means the period beginning on the date hereof and continuing through the close of trading on the date that is 90 days after the date of the Prospectus (as defined in the Underwriting Agreement).

  • ROFO Period is defined in Section 6.1(a).

  • Offering Commencement Date means the first day of each Offering Period.

  • Resale Period shall have the meaning assigned thereto in Section 2(a) hereof.

  • Application Period means the months beginning with the month in which the application is considered to be filed, through and including the month in which an eligibility determination is made.

  • Lockup Period has the meaning set forth in Section 2.4(d)(i).

  • Nomination Period means, in respect of a Nomination, the period from the Nomination Start Time to the Nomination End Time;

  • Shelf Takedown means an Underwritten Shelf Takedown or any proposed transfer or sale using a Registration Statement, including a Piggyback Registration.

  • Drawdown Period means the period commencing on the Execution Date and ending on the earlier of (i) 30 April 2012 and (ii) any date on which the Commitment is finally cancelled or fully drawn under the terms of this Agreement;

  • Demand Date means, with respect to a transfer by a party:

  • Registration Notice has the meaning specified in Section 2.1(a).

  • Required Notice Period means the number of days required notice set forth below applicable to the Aggregate Reduction indicated below: ≤$100,000,000 two Business Days >$100,000,000 to $250,000,000 five Business Days ≥$250,000,000 ten Business Days

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.