Unrestricted Period definition

Unrestricted Period means a period when Sponsor or a PlayStudios Holder is permitted to transfer at least some of its Registrable Securities to a third party for cash without restriction under the Sponsor Agreement, Company Bylaws or otherwise.

Unrestricted Period means any period of time that is not a Restricted Period.

Unrestricted Period shall have the meaning set forth in Section 5.2(d). “Using Member” shall have the meaning set forth in Section 9.10(a). “Vendor” shall have the meaning set forth in Section 6.15(b).

Examples of Unrestricted Period in a sentence

• In the event the Seller does not consummate the sale of the Offered Shares during the ROFO Unrestricted Period, the Company’s right of first offer and the Major Investors’ rights of first offer and Co-Sale Rights shall again become effective, and no transfer of such Offered Shares may be made thereafter by such Seller without again offering the same to the Company and the Major Investors in accordance with this Section 3.1.

• If, upon the expiration of the Six-Month Unrestricted Period, Genesis or the REIT, as applicable, has not consummated a Transfer or leasing of, or a management agreement with respect to, the subject Covered Facility, then such other party may not Transfer or lease, or enter into a management agreement with respect to a subject Covered Facility without giving a new Transfer Notice, Lease Notice or Management Notice, as the case may be, in accordance with the terms and conditions of this Agreement.

• If such Transfer does not occur within the Unrestricted Period, Xxxx will thereafter remain subject to the restrictions contained in this Article III with respect to such ROFO Project (and direct and indirect Equity Interests therein).

• If the Selling Stockholder ever wishes to Transfer the Offered Shares, for a price per share of Capital Stock that is less than the Offered Price or on material terms and conditions that are more favorable than the Offered Terms, or if the Selling Stockholder wishes to Transfer the Offered Shares following the expiration of the Unrestricted Period, then the Selling Stockholder shall be required to first comply with this Section 4 anew.

• If no agreement has been reached between Xxxx and the REIT during the Negotiation Period, then, during the Unrestricted Period, Xxxx shall have the right to solicit offers from, negotiate with, and enter into agreements with, any Third Party to Transfer such ROFO Project, as long as such Transfer is on terms no more favorable to the Third Party than those offered to the REIT during the Negotiation Period.

More Definitions of Unrestricted Period

Unrestricted Period shall have the meaning set forth in Section 4(f).

Unrestricted Period has the meaning set forth in Section 3.4.

Unrestricted Period means each period during which (a) the Loans are rated at least BB and Ba2 by S&P and Xxxxx’x, respectively, and (b) at least one such rating is BB+ or Ba1 or higher; provided that if the Loans are rated by neither S&P nor Xxxxx’x, then “Unrestricted Period” shall mean each period during which Consolidated Tangible Net Worth is greater than $680,000,000.

Unrestricted Period means each period during which Consolidated Tangible Net Worth is greater than $680,000,000.

Unrestricted Period. 2.3 “Value Added Tax” 3.11(b)

Unrestricted Period means any period of one or more days in which both (i) the aggregate gross cash proceeds received by the Borrower and its Subsidiaries from all Asset Sales made by the Borrower and its Subsidiaries on or after the Amendment No. 4 Effective Date and on or prior to such day (excluding all proceeds received from Assets Sales of the facilities and related assets, stock or any combination thereof pertaining to the Matrix Entities) equals or exceeds $175,000,000 and (ii) the Adjusted Leverage Ratio as of the last day of the two most recent fiscal quarters for which financial statements have been, or are required to have been, delivered pursuant to Sections 5.01(a) and (b) did not exceed 5.0 to 1.0.

Unrestricted Period means each and every period other than a Restricted Period.