Takeover Date definition

Takeover Date means the date Operator commences management of the Hotel, which date shall be confirmed by the parties and memorialized by a separate writing executed by both Owner and Operator within five (5) business days following the Takeover Date.

Takeover Date means in relation to a Takeover, the date on which Control of the Company is unconditionally acquired (or, where the Takeover is by way of a scheme of arrangement or compromise between the Company and its shareholders under applicable law, the date on which the scheme is sanctioned);

Takeover Date means the date the Company and the Policy Owner agree in writing that cover under this Policy commences for a specified group of employees or members who join the Fund or are transferred to the Fund under a Takeover Policy, not being a date prior to the Effective Date.

Examples of Takeover Date in a sentence

• The tariff mechanism (including the Ceiling Tariffs in respect of Regulated Tariffs) shall be effective from the Takeover Date, subject to the transitional rebate programme, designed to facilitate a reasonable transition into the new Tariffs, for relevant users, as set out in paragraphs 2 to 5 below.

• If this Agreement is terminated for any reason prior to the tenth (10th) anniversary of the Takeover Date, then Owner shall pay to Operator, concurrent with the effective date of termination of this Agreement the unamortized portion of the Key Money Contribution (the “Unamortized Key Money”).

• Operator shall not recognize any labor union for purposes of representing Hotel Employees, except (i) any currently recognized by the employer prior to the Takeover Date and (ii) pursuant to a lawful final order of the National Labor Relations Board.

• Owner shall pay to Operator, on a monthly basis, a Basic Fee equal to one and seven-tenths percent (1.70%) of Total Revenues for services rendered under this Agreement commencing on the Takeover Date and continuing through the remainder of the Operating Term.

• The transitional rebate programme will be effective from the Takeover Date for the period ending three (3) years from the effective date of the new tariff mechanism.

More Definitions of Takeover Date

Takeover Date means the date on which Successor Landlord shall have succeeded to the rights of Former Landlord (including Landlord) under the Lease as a result of Takeover Event.

Takeover Date means the date on which the Contractor assumes control and responsibility for any Contractor Well.

Takeover Date means 5th July, 1999;

Takeover Date has the meaning set forth in Section 20.18.

Takeover Date means in relation to a Takeover, the date on which Control of the Company is unconditionally acquired;

Takeover Date means the date immediately following the expiration of the Employee Transition Services Agreement or the earlier termination of the Employee Transition Services Agreement on a date mutually agreed to by Purchaser and Seller that is on or before December 31, 2015.

Takeover Date means the date on which the incoming insurer’s policy commences.