SAR Termination Date definition

SAR Termination Date means 12:01 a.m., Eastern time, on November 1, 2017, or such later time as the Purchaser’s obligations to purchase the Second Acquisition Shares may be extended pursuant to the Purchaser’s tolling rights in the first sentence of Section 5.3 and the second sentence of Section 5.7 of the License Agreement.
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SAR Termination Date shall have the meaning set forth in the Purchase Agreement.
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SAR Termination Date means the date that is the later of (a) the tenth anniversary of the date of this Agreement and (b) the earlier of (x) the date that is 6 months following the date that the Second Acquisition Right Conditions are satisfied and (y) the date that is 6 months following the tenth anniversary of the date of this Agreement.
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Examples of SAR Termination Date in a sentence

  • If the Participant’s Service Provider relationship is terminated because of the death of the Participant or Disability of the Participant, the SAR may be exercised by the Participant (or the Participant’s legal representative) at any time prior to the expiration of twelve (12) months from the date of such termination, but in any event no later than the SAR Termination Date.

  • If the Participant ceases to be a Service Provider for any reason except by reason of death or Disability, the SAR, to the extent unexercised and exercisable by the Participant on the date on which the Participant ceased to be a Service Provider, may be exercised by the Participant within three (3) months after the date on which the Participant’s relationship as a Service Provider terminates, but in any event no later than the SAR Termination Date.

  • Subject to a FAR Refusal or SAR Refusal, as applicable, the Company will have the unilateral right to terminate the rights of the Purchaser set forth in Section 2.4 of this Agreement upon written notice to the Purchaser if the Purchaser does not deliver the (i) FAR Notice by the FAR Termination Date pursuant to Section 2.4(a) hereof or (ii) SAR Notice by the SAR Termination Date pursuant to Section 2.4(c) hereof.

  • The SAR shall terminate and may no longer be exercised on the first to occur of (i) the SAR Termination Date as defined above, (ii) the last date for exercising the SAR following termination of employment as described in Section 7, or as otherwise set forth in the Plan.

  • If the exercise of the SAR is so prevented, the SAR shall remain exercisable until three (3) months after the date the Participant is notified by the Participating Company that the SAR is exercisable but in no event later than the SAR Termination Date.


More Definitions of SAR Termination Date

SAR Termination Date means the date occurring seven (7) years after the Date of Grant.
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Related to SAR Termination Date

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Senior Termination Date For each Senior Certificate Group, the Distribution Date on which the aggregate Class Certificate Balance of the related Classes of Senior Certificates has been reduced to zero.