the Resolution Date definition
Examples of the Resolution Date in a sentence
In the event that the parties are not able to agree a resolution within 30 days of you notifying us of the dispute in accordance with clause 4(a) (the Resolution Date), you may terminate this Agreement, with such termination taking effect 90 days after the Resolution Date.
If Executive delivers a Dispute Notice by the Delivery Deadline, the Company will, as permitted by Section 409A, pay the amounts described in Sections 6.1(a)(2) and 6.1(a)(3) in a lump sum within 30 days after the date that the dispute is resolved and an executed Release is delivered and becomes irrevocable in accordance with its terms (the “Resolution Date”), but in no event later than the calendar year in which the Resolution Date occurs.
In the event that the Merger Agreement is terminated for any reason and the Merger does not close, the tolling of the Initial Term shall cease seven (7) days after the Resolution Date and the Employment Agreement shall otherwise remain in full force and effect.
As a result of such tolling, the ninety (90) day period prior to the end of the Initial Term before which either party under the Employment Agreement must deliver written notice to the other of its intention not to renew the Employment Agreement shall not commence until seven (7) days after the Resolution Date.
The Initial Term (as defined in Section 4(a) of the Employment Agreement) shall be tolled from the date of this Agreement until the earlier of: (a) the termination of the Merger Agreement, or (b) the closing of the Merger (such date in (a) or (b) being the "Resolution Date") .
For any Escrow Shares to be disbursed with respect to Indemnification Claims, the Escrow Shares shall be valued at the Purchaser Share Price as of the Resolution Date of such Indemnification Claim.
The valid Eligibility Instructions (including with respect to currency of payment) shall be irrevocable, unless revocation is required by applicable law or, prior to the Resolution Date, if a Lock-Up Agreement is terminated or the terms of the Solicitation are amended by the Issuer (such revocation to be on terms set out in the Consent Solicitation Memorandum).
Subject to paragraph 5 below, the Beneficial Owners waive in full (i) any and all conversion or redemption rights under the Trust Deed and the Conditions (including those arising or that have arisen under Condition 7(e), but excluding any redemption rights arising pursuant to the Proposed Restructuring) and (ii) any and all Events of Default, Potential Events of Default or any other breaches by the Issuer under the Trust Deed or Conditions existing or occurring on or before the Resolution Date.
Promptly and, in any event, no later than three (3) Business Days following the Resolution Date, (i) if the Closing Members’ Equity (as finally determined under this Section 2.9) is greater than the Target Members’ Equity, LFCM shall pay to Lazard Group an amount of cash equal to such difference and (ii) if Target Members’ Equity is greater than the Closing Members’ Equity (as finally determined under this Section 2.9), Lazard Group shall pay to LFCM an amount of cash equal to such difference.
If the Resolution is obtained on or before the Resolution Expiration Date, Escrow Agent shall disburse the Resolution Escrow Amount to iStar, on behalf of Seller and the Other Sellers, within two (2) Business Days of the date on which Escrow Agent receives a joint order executed by iStar, on behalf of Seller and the Other Sellers, and Purchaser setting forth the Resolution Date and directing the disbursement of the Resolution Escrow Amount to iStar, on behalf of Seller and the Other Sellers.