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drop dead date

   Also found in: Financial, Acronyms, Wikipedia 0.01 sec.

drop dead date n. a provision in a contract or a court order which sets the last date an event must take place (such as payment) or otherwise certain consequences will automatically follow, such as cancelling the contract, taking property or entering a judgment.



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I guess the drop dead date is when someone stops bidding," Regent says, adding he expects a resolution to come by July or August.
1(a)(iv) of the Acquisition Agreement unless the Acquisition has not closed by October 6, 2009, which effectively extends the drop dead date from September 29, 2009 to October 6, 2009 in the event that stockholder approval is obtained.
He said: ``Nobody should see 2008 as a drop dead date when everything has got to be done.
 
 
 
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