Examples of Takeout Notice in a sentence
Any failure to comply with the terms of a Bridge Takeout Notice (as defined in the Facilities Fee Letter) for any reason will be deemed to be a “Demand Failure Event” (as defined in the Facilities Fee Letter) under the Bridge Facility Documentation.
The coefficient of exchange rate (-0-0855) denotes that a one percent increase in exchange rate will bring about a 0.0855 percent decrease in economic growth, holding other factors constant.
The Senior Takeout Option shall be exercisable by written notice (the "Senior Takeout Notice") to the Agent and the Lessor at a price, payable by wire transfer of immediately available funds, equal to the Investment Liquidation Amount, plus any other sums then due and owing to the Lessor under the Operative Documents and any Break Costs in connection with or as a result of such sale or realization by the Lessor (the "Senior Takeout Price").
The Junior Takeout shall take place within five (5) Business Days (the "Junior Takeout Period") after the receipt by the B-Note Holders of the Junior Takeout Notice.
The Ministry of Labor and Social Affairs reported that two of five working children were below the age of six.
The purchase of the Investments (the “Senior Takeout”) shall take place within five (5) Business Days (the "Senior Takeout Period") after the receipt by the Lessor of the Senior Takeout Notice.
Demand Failure Event: Any failure to comply with the terms of a Bridge Takeout Notice (as defined in the Facilities Fee Letter) for any reason will be deemed to be a “Demand Failure Event” (as defined in the Facilities Fee Letter) under the Bridge Facility Documentation.
Any failure to comply with the terms of a Backstop Bridge Takeout Notice (as defined in the Fee Letters) for any reason will be deemed to be a “Backstop Bridge Takeout Demand Failure Event” (as defined in the Fee Letters) under the Unsecured Bridge Facility Documentation (as defined below).
Any failure to comply with the terms of a Backstop Bridge Takeout Notice (as defined in the Fee Letters) for any reason will be deemed to be a “Backstop Bridge Takeout Demand Failure Event” (as defined in the Fee Letters) under the Secured Bridge Facility Documentation (as defined below).
Upon receipt by the Agent of the Junior Takeout Notice, the Agent shall postpone any planned sale of or realization on the Collateral pending the purchase of the B-Notes (the "Junior Takeout").