Tolling Date definition

Tolling Date means with respect to Highway Sections identified in Clause 10, the date or dates from which the Concessionaire is entitled to charge and collect tolls at the relevant toll plazas in respect of such Highway Sections pursuant to Clause 10;
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Tolling Date has the meaning set forth in Section 2(a)(v).
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Tolling Date has the meaning set forth in Section 18A.
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Examples of Tolling Date in a sentence

  • Between the Effective Date and the Tolling Date, the parties agree not to initiate any litigation or other legal proceeding against the other party with regards to the claim described above.

  • This Agreement has no effect on Diamond's claims or causes of action that, prior to the Tolling Date, were already barred by the statute of limitations or otherwise barred by the passage of time, and this Agreement shall not be construed to revive any such time-barred claims or causes of action.

  • This Agreement does not constitute an admission by either of the Parties of the existence of any claim, cause of action or defense, and this Agreement shall not be used or referred to in any proceeding for any purpose other than to establish the Tolling Date.

  • City and Diamond hereby agree that the running of any and all statutes of limitation and any other defenses based on the passage of time on any and all claims and causes of action that Diamond has against City based upon the claim filed by Diamond on December 10, 2008, which were not already barred by the statute of limitations or passage of time, as of the Tolling Date shall be tolled through September 12, 2009.

  • Following receipt of such notice, the Independent Engineer shall make a determination, subject to Clauses 6.2 and 21.4, with respect to: any extension of the Effective Date, any date for Construction Commencement, any Time for Completion, any Opening Date or any Tolling Date to which the Concessionaire is entitled; and/or any monetary compensation to which the Concessionaire is entitled; and/or any relief from penalties under Clause 11.9.3 to which the Concessionaire is entitled.

  • City and Xxxxxxx hereby agree that the running of any and all statutes of limitation and any other defenses based on the passage of time on any and all claims and causes of action that Diamond has against City based upon the claim filed by Xxxxxxx on December 10, 2008, which were not already barred by the statute of limitations or passage of time, as of the Tolling Date shall be tolled through September 12, 2009.

  • This Agreement, and the Tolling Period established in Section 1, shall not nullify or impair any defense or affirmative defense that was available to any Party prior to the Tolling Date, except to the extent of the Tolling Period established in Section 1.


More Definitions of Tolling Date

Tolling Date has the meaning given that term in SECTION 13.01 hereof.
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Related to Tolling Date

  • Billing Date means the date upon which the monthly statement is generated and debited to the customer's account.

  • Off-Peak Period means the period during which the demand on an electric utility system is not at or near its maximum. For the purpose of this section, the off-peak period includes all hours that are not in the peak period.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • polling day means the day fixed for holding the poll at an election;

  • Ending Date means the last day of each Offering Period.

  • Issuer Call Commencement Date means the date specified as such in the definition of the relevant Series in the applicable Final Terms;

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Grace Period Business Day means a day on which commercial banks and foreign exchange markets are generally open to settle payments in the place or places and on the days specified for that purpose in the relevant Obligation and if a place or places are not so specified, in the jurisdiction of the Obligation Currency.

  • CSD Business Day means a day on which the Book-Entry Securities System is open in accordance with the regulations of the CSD.

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7 a.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.

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • Second Closing Date means the date of the Second Closing.

  • Anticipated Closing Date shall have the meaning set forth in Section 1.6(a).

  • Scheduled Closing Date Has the meaning specified in the Note Purchase Agreement.

  • Billing Commencement Date means the earlier of:

  • non-business day means Saturday, Sunday and any other day that is a holiday as defined in the Interpretation Act (Canada);

  • Pricing Date means, for any fiscal quarter of the Consolidated Group ending on or after September 30, 2018, the date on which the Administrative Agent is in receipt of the MLP’s most recent consolidated financial statements (and, in the case of the year-end financial statements, audit report) for the fiscal quarter then ended, pursuant to Section 6.1. The Applicable Margin shall be established based on the Total Leverage Ratio for the most recently completed fiscal quarter and the Applicable Margin established on a Pricing Date shall remain in effect until the next Pricing Date. If the Borrowers have not delivered the MLP’s consolidated financial statements by the date such financial statements (and, in the case of the year-end financial statements, audit report) are required to be delivered under Section 6.1, until such financial statements and audit report are delivered, the Applicable Margin shall be the highest Applicable Margin (i.e., the Total Leverage Ratio shall be deemed to be greater than 4.50 to 1.0). If the Borrowers subsequently deliver such financial statements before the next Pricing Date, the Applicable Margin established by such late delivered financial statements shall take effect from the date of delivery until the next Pricing Date. In all other circumstances, the Applicable Margin established by such financial statements shall be in effect from the Pricing Date that occurs immediately after the end of the fiscal quarter covered by such financial statements until the next Pricing Date. Each determination of the Applicable Margin made by the Administrative Agent in accordance with the foregoing shall be conclusive and binding on the Borrowers and the Lenders absent manifest error. Notwithstanding the foregoing, if, as a result of any restatement of or other adjustment to the consolidated financial statements of the MLP or for any reason, the Lenders determine that (a) Total Leverage Ratio as calculated on any Pricing Date was inaccurate and (b) a proper calculation of Total Leverage Ratio would have resulted in a higher Applicable Margin for any period, then the Borrowers shall automatically and retroactively be obligated to pay to the Administrative Agent for the benefit of the Lenders, promptly on demand by the Administrative Agent, an amount equal to the excess of the amount of interest and fees that should have been paid for such period over the amount of interest and fees actually paid for such period.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • IPO Closing Date means the closing date of the IPO.

  • Closing Date has the meaning set forth in Section 2.2.

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Delayed Closing Date means the date, set in accordance with section 3, on which the Vendor agrees to Close, in the event the Vendor cannot Close on the Firm Closing Date.

  • Bank Closing Date means the close of business of the Failed Bank on the date on which the Chartering Authority closed such institution.

  • Start-up Period means up to 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age range of the Academy will have some pupils present).

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.