Takeover Date definition

Takeover Date means the date Operator commences management of the Hotel, which date shall be confirmed by the parties and memorialized by a separate writing executed by both Owner and Operator within five (5) business days following the Takeover Date.
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Takeover Date means one (1) month from the date of this Agreement (subject to the transfer of the Licence in the name of the Purchaser) and on which date, the Purchaser will be given access to the Facility Center and will takeover the management and operations of the Business at the Facility Center.
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Takeover Date means in relation to a Takeover, the date on which Control of the Company is unconditionally acquired (or, where the Takeover is by way of a scheme of arrangement or compromise between the Company and its shareholders under applicable law, the date on which the scheme is sanctioned);
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Examples of Takeover Date in a sentence

  • Owner shall pay to Operator, on a monthly basis, a Basic Fee equal to one and seven-tenths percent (1.70%) of Total Revenues for services rendered under this Agreement commencing on the Takeover Date and continuing through the remainder of the Operating Term.

  • If this Agreement is terminated for any reason prior to the tenth (10th) anniversary of the Takeover Date, then Owner shall pay to Operator, concurrent with the effective date of termination of this Agreement the unamortized portion of the Key Money Contribution (the “Unamortized Key Money”).

  • The Key Money Contribution shall be amortized in equal monthly amounts over an eight (8) year period commencing on the second (2nd) anniversary of the Takeover Date.

  • Operator shall not recognize any labor union for purposes of representing Hotel Employees, except (i) any currently recognized by the employer prior to the Takeover Date and (ii) pursuant to a lawful final order of the National Labor Relations Board.

  • Any Options exercised pursuant to this Clause 7.1 on or before the Takeover Date shall be conditional upon and shall not take effect until immediately before the change of Control and if the change of Control does not arise the notices of exercise delivered in relation to such Options shall be null and void and all such Options shall remain in force and may be subsequently exercised in accordance with and subject to the Rules.


More Definitions of Takeover Date

Takeover Date means the date on which Successor Landlord shall have succeeded to the rights of Former Landlord (including Landlord) under the Lease as a result of Takeover Event.
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Takeover Date means in relation to a Takeover, the date on which Control of the Company is unconditionally acquired;
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Takeover Date has the meaning set forth in Section 20.18.
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Takeover Date means the date the Company and the Policy Owner agree in writing that cover under this Policy commences for a specified group of employees or members who join the Fund or are transferred to the Fund under a Takeover Policy, not being a date prior to the Effective Date.
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Takeover Date means the date on which the Contractor assumes control and responsibility for any Contractor Well.
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Takeover Date means 5th July, 1999;
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Takeover Date means (i) the date on which any offer for RSL which constitutes a Takeover becomes or is declared wholly unconditional; (ii) the date on which any scheme of arrangement relating to a Takeover becomes effective; or (iii) otherwise the date on which the Takeover becomes effective, provided, in each case, that such date shall be a date on or prior to 30 June 2016;
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