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

  • For the avoidance of doubt, the time period starting from the Tolling Date and ending with the Restriction Termination Date shall be excluded in calculating the applicable Effectiveness Date.

  • 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 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.

  • For the avoidance of doubt, the time period starting from the Tolling Date and ending with the Restriction Termination Date shall be excluded in calculating the applicable Effective Date.

  • 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 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.

  • The loss of anticipated revenue/completion delay insurance policy will provide protection against loss of anticipated revenue and additional expense caused by the Tolling Date being later than the Anticipated Tolling Date because of the occurrence of indemnifiable loss or damage from perils insured against under the CAR policy concerned.

  • 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.

  • The required Effectiveness Date for such Registration Statement will be tolled from the Tolling Date until such time as the Company is able to effect the registration of the Cut Back Shares in accordance with any SEC Restrictions if such Registrable Securities cannot at such time be resold by the Holders thereof without volume limitations pursuant to Rule 144 (such date, the “Restriction Termination Date”).


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.

  • 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 calendar date specified in the Notice of Intent as the date upon which lead - based paint abatement activities are completed.

  • Issuer Call Commencement Date means the first Business Day following the three year period from and including the Issue Date;

  • 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 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.

  • 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”).

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

  • Commissioning Date means that date when construction of the contemplated Project is complete, and the Maintenance Term commences;

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

  • Anticipated Closing Date means the anticipated closing date of any proposed Qualified Sale Transaction, as determined in good faith by the Board of Directors on the Applicable Date.

  • 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 Borrower ending on or after July 31, 2018, the date on which the Administrative Agent is in receipt of the Borrower’s most recent Compliance Certificate and financial statements (and, in the case of the year‑end financial statements, audit report) (the “Borrower Information”) for the Fiscal Quarter then ended, pursuant to Section 8.5 hereof. The Applicable Margin shall be established based on the Consolidated 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 (a) an Event of Default exists or (b) the Borrower has not delivered the Borrower Information by the date the same is required to be delivered under Section 8.5 hereof, then, at the request of the Required Lenders, until such Event of Default no longer exists or such Borrower Information is delivered, the Applicable Margin shall be the highest Applicable Margin (i.e., Level IV shall apply); provided, the Administrative Agent will provide notice to Borrower when such highest Applicable Margin goes into effect. If the Borrower subsequently delivers such Borrower Information before the next Pricing Date, the Applicable Margin established by such late delivered Borrower Information shall take effect from the date of delivery until the next Pricing Date. In all other circumstances, the Applicable Margin established by such Borrower Information shall be in effect from the Pricing Date that occurs immediately after the end of the Fiscal Quarter covered by such Borrower Information 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 Borrower and the Lenders if reasonably determined. The parties understand that the Applicable Margin set forth herein shall be determined and may be adjusted from time to time based upon the Borrower Information. If it is subsequently determined that any such Borrower Information was incorrect (for whatever reason, including, without limitation, because of a subsequent restatement of earnings by the Borrower) at the time it was delivered to the Administrative Agent and the Lenders, and if the applicable interest rate or fees calculated for any period were lower than they should have been had the correct information been timely provided, then such Applicable Margin for such period shall be automatically recalculated using the correct Borrower Information. The Administrative Agent shall promptly notify the Borrower in writing of any additional interest and fees due because of such recalculation, and the Borrower shall pay within five (5) Business Days of receipt of such written notice such additional interest or fees due to the Administrative Agent, for the account of each Lender holding Commitments and Loans at the time the additional interest and fee payment is received. Any recalculation of the Applicable Margin required by this provision shall survive the termination of this Agreement, and this provision shall not in any way limit any of the Administrative Agent’s or any Lender’s other rights under this Agreement. If it is subsequently determined that any such Borrower Information was incorrect (for whatever reason, including, without limitation, because of a subsequent restatement of earnings by the Borrower) at the time it was delivered to the Administrative Agent and the Lenders, and if the applicable interest rate or fees calculated for any period were higher than they should have been had the correct information been timely provided, then neither the Administrative Agent nor any Lender shall be required to refund or return any portion of such interest or fee.

  • 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 means the date on which the Closing occurs.

  • 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.

  • Scheduled Commissioning Date or “SCD” of the Project shall mean [Insert 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 a maximum of 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).