Estimation Date definition

Estimation Date is defined in Section 2.6(a).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Estimation Date has the meaning set forth in Section 1.02(b)(ii).

Estimation Date means the nearest reasonably practicable date prior to the date on which the Exchange Offer is commenced (or prior to the last Trading Day that ends at least twenty (20) Trading Days prior to the date the Parties expect the Distribution Date to occur, if Entergy elects to effect the Distribution as a Spin-Off) as mutually agreed in writing by the Parties, or such other date as may be reasonably agreed to by the Parties.

Examples of Estimation Date in a sentence

If Seller does not provide Buyer notice of its election within forty-five (45) days after the applicable Condemnation Value Estimation Date (but in any event at least twenty (20) days prior to the Closing Date), Buyer may elect to terminate this Agreement within ten (10) Business Days after the end of such forty-five (45) day period by written notice to Seller.
If Seller does not provide Buyer written notice of its election within forty-five (45) days after the applicable Restoration Cost Estimation Date (but in any event at least twenty (20) days prior to the Closing Date), Buyer may elect to terminate this Agreement within ten (10) Business Days after the end of such forty-five (45) day period by written notice to Seller.
It is understood that as of the Estimation Date, the value of the Included Assets shall equal the value of the Included Liabilities.
The Splitco Securities Principal Amount may be increased pursuant to Section 3.2. In addition, as of the Estimation Date, (i) if the Parent Estimated Debt Expenses exceed the Parent Allocated Debt Expenses, then the Splitco Securities Principal Amount shall be increased by the amount of such excess, and (ii) if the Parent Allocated Debt Expenses exceed the Parent Estimated Debt Expenses, then the Splitco Securities Principal Amount shall be reduced by the amount of such excess.
At Closing, Seller shall pay to Buyer the aggregate balance of the Deposit Liabilities (including accrued but not credited interest or earnings), estimated as of the Close of Business as of a date not more than five (5) calendar days prior to the Closing Date (the “Estimation Date”) less the Purchase Price as estimated as of the Estimation Date.

More Definitions of Estimation Date

Estimation Date means such date as the Seller estimates in good faith to be the date two weeks prior to the Closing Date and which is communicated by Notice to the Purchaser not less than two Business Days in advance of such estimated date;

Estimation Date shall have the meaning assigned thereto in Section 4.8(b).

Estimation Date means (i) if Parent elects to effect the Distribution as a Split-Off, ten business days prior to the date on which the Split-Off exchange offer is commenced or (ii) if Parent elects to effect the Distribution as a Spin-Off, the last trading day that ends at least 20 trading days prior to the date the parties expect the Distribution Date to occur, or such later date as may be reasonably agreed by the parties hereto.

Estimation Date means, the first day of each Settlement Period, provided that if such day is not a Business Day, the Estimation Date shall occur as the next Business Day;

Estimation Date means the date which is the last Business Day of the month preceding the month in which the Closing shall occur.

Estimation Date means (i) if Parent elects to effect the Distribution as a Split-Off, ten business days prior to the date on which the Split- Off exchange offer is commenced or (ii) if Parent elects to effect the Distribution as a Spin-Off, the last trading day that ends at least 20 trading days prior to the date the parties expect the Distribution Date to occur, or such later date as may be reasonably agreed by the parties hereto.

Estimation Date shall have the meaning given such term in Section 2.5.

Filter & Search

Related Definitions