Unwind Notice definition
Examples of Unwind Notice in a sentence
No Merger Cash Consideration or Expense Reimbursements previously paid to Selling Stockholder prior to the date of the Unwind Notice shall be refundable to Parent upon consummation of the Unwind Transfer and Unwind Repurchase, and the Parties shall have no further obligations under this Agreement.
If Advocate reasonably and in good faith disputes that an Unwind Event has occurred, it shall provide ▇▇▇▇▇▇▇ Foundation a Dispute Notice within ten (10) business days following delivery of the Unwind Notice by ▇▇▇▇▇▇▇, and thereafter the Parties shall attempt in good faith to resolve the dispute, or at either Party’s option, may seek declaratory relief from a court of competent jurisdiction to adjudicate whether an Unwind Event has occurred.
The Unwind Notice shall identify the Required Post-Closing Approvals that have not been obtained and shall set forth CBL's good faith calculation of the Unwind Purchase Price.
Should Selling Stockholder deliver such Unwind Notice, the Parent may discontinue all future Merger Cash Consideration payments to Selling Stockholder hereunder.
Additionally, if LifePoint does not deliver an Unwind Notice at least 30 days prior to the Order Date (or, if the Order Date is within 40 days of the date the Order is issued, as soon as commercially practicable after the issue date of the Order), the Unwind Right shall expire and this Agreement will terminate and be of no further force or effect.
If otherwise permitted under this Release, a Party may deliver an Unwind Notice to the other Parties notwithstanding the fact that another Party has previously delivered an Unwind Notice, and notwithstanding the fact that another Party has revoked a previously delivered Unwind Notice.
If the parties are unable through value engineering to obtain an estimate of Project Costs in amount acceptable to ▇▇▇▇▇▇▇▇ in its discretion, then ▇▇▇▇▇▇▇▇ may terminate this Agreement by delivery to Herndon of an Unwind Notice.
Within ten business days after receipt of an Unwind Notice, and provided the Unwind Event has not been cured within such ten business day period, this Agreement shall be deemed terminated and of no further force and effect.
As a result of implementing a Client Mandatory Unwind Notice, investors may suffer heavy losses on the investment in SPAC Securities.
The Unwind Transfer shall occur within 30 days of the date of the Unwind Notice.