2025 Closing Clause Samples
2025 Closing. On December 29, 2025, the Seller shall sell, transfer, assign and convey to the Buyer, and the Buyer shall purchase, acquire and accept from the Seller, free and clear of all Liens, all of the Seller’s right, title and interest in and to the 2025 Assigned Royalty Payments (such purchase and sale of such 2025 Assigned Royalty Payments, the “2025 Closing”).
2025 Closing. The Seller and the Buyer hereby acknowledge and agree that the 2025 Closing shall take place on the date hereof immediately following the execution and delivery of this Amendment No. 2 by the Buyer, the Seller and Royalty Pharma plc. In furtherance of the foregoing, the Buyer will pay the 2025 Upfront Purchase Price immediately following execution and delivery of this Amendment No. 2 by the Buyer, the Seller and Royalty Pharma plc. The parties agree that any required notice and timing provisions set forth in the Purchase Agreement are hereby waived in connection with the 2025 Closing.