Wind Down Date definition
Examples of Wind Down Date in a sentence
Loans may be prepaid in accordance with the terms of Section 2.09 hereof and, to the extent prepaid, provided the Wind Down Date shall not have occurred, may be re-borrowed hereunder in accordance with the terms hereof (including satisfaction of all conditions precedent contained in Section 5.02).
No later than sixty (60) days after the Wind Down Date, or sixty (60) days from the completion of wind down activities on behalf of a particular Minnesota Client, whichever is earlier, Accretive Health shall destroy or return to any Minnesota Client all PHI and Personal Financial Information in its possession, custody, or control using protocols developed in cooperation with the Minnesota Client.
Accretive Health shall, in a manner which does not interfere with the business affairs of any Minnesota Client, wind down and cease all of its business operations in the State of Minnesota and on behalf of any Minnesota Client, by the Wind Down Date, other than any Continuation of Prior Licensing of Accretive Health's Technology as mutually agreed upon by the Minnesota Clients and Accretive Health.
If, on any day prior to the Wind Down Date during which the provisions of this Section 4.03(c) are in effect, funds are to be distributed under clauses Third or Fourth above to the Noteholders of more than one Series, such funds shall be distributed among such Noteholders ratably in accordance with their Series Allocation Percentages until the amount of the required or requested payments to be distributed to such Noteholders has been paid in full.
It is understood that the requirements of this Section 6.2 shall be deemed to be satisfied if Seller has operated, maintained and preserved the Acquired Assets during the period commencing on the date hereof and ending on the Wind Down Date consistent with Prudent Standards and Practices and Hull Maintenance and so that the Barges' hulls meet the Baseline Hull Conditions and the Acquired Assets otherwise operate (through and until the Generation Assets cease to operate) at the Baseline Performance Levels.