Initial Closing Date definition

Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

Initial Closing Date has the meaning set forth in Section 2.1.

Initial Closing Date means the date of the Initial Closing.

Examples of Initial Closing Date in a sentence

• Seller and Purchaser acknowledge and agree that cash due to Seller from Purchaser on the Initial Closing Date and on the First Additional Delivery Date has been paid by Purchaser and received by Seller, and that the Deemed Satisfied Payoff Amount has been satisfied by Seller.

• Prior to the Initial Closing Date, the Seller shall have entered into Lock-Box Agreements with all of the Lock-Box Banks and delivered executed counterparts of each to the Administrator.

• Any term of this Agreement to which effect is not given on the Initial Closing Date or on any Assignment Date (including in particular, but without limitation, the liability of the Seller under the Representations and Warranties and the indemnity in Clause 6.5 and the provisions of Clause 4) shall not merge and shall remain in full force and effect notwithstanding the sale and purchase contemplated by this Agreement.

More Definitions of Initial Closing Date

Initial Closing Date means the Trading Day on which all of the Transaction Documents have been executed and delivered by the applicable parties thereto, and all conditions precedent to (i) the Purchasers’ obligations to pay the Subscription Amount and (ii) the Company’s obligations to deliver the Securities, in each case, have been satisfied or waived, but in no event later than the second Trading Day following the date of this Agreement.

Initial Closing Date means the date of this Agreement.

Initial Closing Date shall have the meaning set forth in the Securities Purchase Agreement.

Initial Closing Date has the meaning set forth in Section 4.

Initial Closing Date. The Closing Date on which the Initial Purchaser purchases and the Seller sells the first Mortgage Loan Package hereunder.

Initial Closing Date shall have the meaning set forth in Section II.d.

Initial Closing Date means 26 March 2001;