Reinstatement Date Clause Samples

Reinstatement Date. The date when the insurance cover under this Policy resumes after it is terminated due to failure to pay Premium. The Coverage Expiry Date of:
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Reinstatement Date. If the Obligors fail to tender to any Purchaser the Accepted Notes to be purchased by such Purchaser on the scheduled Closing Date for such Accepted Notes as provided in Section 3.1, or any of the conditions specified in Section 4 shall not have been fulfilled by 2:00 p.m., Chicago time, on the Business Day prior to such scheduled Closing Date, the Company shall, prior to 2:00 p.m., Chicago time, on the Business Day prior to such scheduled Closing Date notify AIG (which notification shall be deemed received by each Purchaser) in writing whether (i) such closing is to be rescheduled (such rescheduled date to be a Business Day during the Issuance Period not less than one Business Day and not more than ten Business Days after such scheduled Closing Date (the “Rescheduled Closing Date”)) and certify to AIG (which certification shall be for the benefit of each Purchaser) that the Company reasonably believes that it will be able to comply with the conditions set forth in Section 4 on such Rescheduled Closing Date and that the Company will pay the Delayed Delivery Fee in accordance with Section 2.3(b) or (ii) such Closing is to be canceled and certify that the Company will pay the Cancellation Fee in accordance with Section 2.3(c). In the event that the Issuer shall fail to give such notice referred to in the preceding sentence, AIG (on behalf of each Purchaser) may at its election, at any time after 2:00 p.m., Chicago time, on the Business Day prior to such scheduled Closing Date, notify the Obligors in writing that such closing is to be canceled. If the Obligors Lincoln Electric Holdings, Inc. Uncommitted Master Shelf Facility fail to provide notice of delay or cancellation or any of the conditions specified in Section 4 shall not have been fulfilled by 2:00 p.m., Chicago time, on the Business Day prior to such scheduled Closing Date, nothing herein shall obligate the Purchasers to purchase the Notes. Notwithstanding anything to the contrary in this Agreement, the Company may not elect to delay a closing with respect to any Accepted Note on more than one (1) occasion, unless each Purchaser shall have otherwise agreed in writing.
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Reinstatement Date. Cause the Reinstatement Date to occur on or prior to December 31, 2016.
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Related to Reinstatement Date

  • Reinstatement, etc The Guarantor agrees that this Guaranty shall continue to be effective or be reinstated, as the case may be, if at any time any payment (in whole or in part) of any of the Guaranteed Obligations is rescinded or must otherwise be restored by any Lender Party, upon the insolvency, bankruptcy or reorganization of the Borrowers, any other Loan Party or otherwise, all as though such payment had not been made.

  • Reinstatements If a policy reinsured on an automatic basis is reinstated in accordance with its terms or the rules of the Company, as provided to the Reinsurer, the Reinsured Policy will be reinstated automatically by the Reinsurer. The Reinsurer's approval is required only for the reinstatement of a facultative policy when the Company's regular reinstatement rules indicate that more evidence than a Statement of Good Health is required. The Company's liability with respect to the premiums in arrears is set out in Exhibit F.

  • Reinstatement If the Trustee or Paying Agent is unable to apply any United States dollars or non-callable Government Securities in accordance with Section 8.02 or 8.03 hereof, as the case may be, by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, then the Company's obligations under this Indenture and the Notes shall be revived and reinstated as though no deposit had occurred pursuant to Section 8.02 or 8.03 hereof until such time as the Trustee or Paying Agent is permitted to apply all such money in accordance with Section 8.02 or 8.03 hereof, as the case may be; provided, however, that, if the Company makes any payment of principal of, premium, if any, or interest on any Note following the reinstatement of its obligations, the Company shall be subrogated to the rights of the Holders of such Notes to receive such payment from the money held by the Trustee or Paying Agent.

  • Reinstatement Rights Reinstatement rights shall automatically cease five (5) years from the date ULA was commenced, and no further rights to reinstatement shall exist unless extended by written mutual consent of the School Board, the licensed teacher, and the union.

  • Reinstatement after Leave An employee on an approved leave of absence is required to contact the Appointing Authority if an extension is being requested. Failure to contact the Appointing Authority about an extension prior to the end of the approved leave shall be deemed to be a voluntary resignation, and the employee shall be severed from State service. The Local Union and the Appointing Authority may agree to waive the five (5) month reassignment restriction in order to temporarily fill the position of an employee on unpaid Military Leave until s/he returns from active duty. Any employee returning from an approved leave of absence as covered by this Article shall be entitled to return to employment in his/her former position or another position in his/her former class/class option in his/her seniority unit, or a position of comparable duties and pay within his/her seniority unit. Employees returning from extended leaves of absence (one (1) month or more) shall notify their Appointing Authority at least two (2) weeks prior to their return from leave. Employees may return to work prior to the agreed upon termination date with the approval of the Appointing Authority. Employees returning from an unpaid leave of absence shall be returned at the same rate of pay the employee had been receiving at the time the leave of absence commenced plus any automatic adjustments that would have been made had the employee been continuously employed during the period of absence. (See also Article 12, Section 7A, regarding return from a leave of absence to a vacancy.)