Initial Completion Date definition
Examples of Initial Completion Date in a sentence
Du Pont's medi-cal plan will apply any amounts paid under ▇▇▇▇▇▇▇'▇ medical plan by a Protein Em-ployee or deduct-ibles and copayments during the year in which such Transfer Date falls toward deduct-ible, out-of-pocket limits and the orthodontia bene-fits of Du Pont's medi-cal plan for the plan year in which the Initial Comple-tion Date occurs, unless the cover-age option selected by the Protein Em-ployee does not have deductibles or out-of-pocket or similar lim-its.
If such assets cannot be transferred, assigned or delivered prior to the Initial Completion Date or the re-spective Foreign Clos-ing Date, as the case may be, ▇▇▇▇▇▇▇ shall use its best efforts to give the benefits of ownership of such assets to the U.S. Protein Subsidiary or Foreign Protein Subsidiary, as the case may be, until trans-fer, assignment or delivery can be complet-ed.
On and following the Initial Completion Date, even if the Closings with respect to any Foreign Protein Subsid-iaries have not occurred, ▇▇▇▇▇▇▇ shall no longer authorize divi-dends or other distri-butions to be made by, or capital contributions to be made to, any Foreign Protein Subsidiar-ies, and any funding of cash needs of such Subsidiaries for which Closings have not occurred shall be made by Du Pont pursuant to the terms of the re-spective Operating Agree-ments.
On the Initial Completion Date, the Company shall file a Registration Withdrawal Request on Form RW with the SEC with respect to the Company Prospectus.
The Escrow Agent shall release to the Seller (a) the Initial Deposit Amount on the Initial Completion Date as a partial payment of the Shares Purchase Price and (b) the Option Deposit Amount on the Subsequent Completion Date as a partial payment of the Option Purchase Price, but, in each case, only after receiving written instructions from the Purchaser (or the Arbitral Tribunal) to proceed with the applicable release.