Preference Expiration Date

Preference Expiration Date. Shall be the date which is ninety-one (91) calendar days after the date on which the Termination Payment is paid (the "Payment Date") by Tenant to the Landlords if during the ninety (90) calendar day period after the Payment Date Tenant has not become the subject of an Insolvency Proceeding ("Preference Expiration Date"). In the event that an Insolvency Proceeding is commenced but thereafter dismissed, the Preference Expiration Date shall occur if and when the dismissal order becomes final,... provided that nothing in the Insolvency Proceeding or the dismissal order has affected, altered or modified this Agreement and provided Tenant has not become the subject of a further Insolvency Proceeding during such ninety (90) calendar day period after the Payment Date. View More