CLOSING OF Clause Samples
CLOSING OF. PURCHASE The closing of any purchase of shares pursuant to exercise of the Purchase Option shall be held at the offices of Empower on a date agreed to by Empower and Superior, but not later than the later of (1) thirty days after delivery by Superior to Empower of the Exercise Notice relating to the Shares to be purchased or (2) ten clays after the determination of the Fair Market Value Per Share as set forth in Section 40 At the closing:
(i) Empower will deliver to Superior certificates representing the Shares to be purchased, bearing (if applicable) the legend specified in Section 3(h).
(ii) Superior will deliver the Exercise Price to Empower immediately available funds.
(iii) If requested by Empower with respect to any shares which have not been registered under the 1933 Act, Superior will deliver a written statement that (A) it is purchasing the shares for investment and not with a view toward its distribution or sale, (B) it is aware that the shares have not been registered under Federal or state securities laws, and will constitute "restricted stock" as that term is defined under Rule 144 promulgated under the 1933 Act, and (C) it is aware that any restricted stock may not be sold, transferred or otherwise disposed of by Superior without registration unless, in the opinion of counsel acceptable to Empower, such registration is not required under the 1933 Act or applicable state securities laws.
CLOSING OF the purchase of the Leased Premises shall take place within ninety (90) days of Tenant's notice to Landlord and at a time and place within the Atlanta, Georgia area as the parties may agree. Tenant shall have a period of sixty (60) days from the date it exercises its right of first refusal to Purchase to inspect the Leased Premises and to obtain a title commitment survey and environmental report to determine that the condition of the title, environmental status and survey do not adversely affect Tenant's ownership or use of the Leased Premises. In the event Tenant determines that there is an adverse impact on Tenant's use or ownership of the Leased Premises, Tenant shall have the option to terminate its decision to purchase the Leased Premises and all of the terms and conditions of this Lease shall continue in full force and effect.. If Tenant does not terminate its decision to purchase the Leased Premises prior to the end of the 60-day period, then the Closing will occur as provided herein.
CLOSING OF. When a full-time employee with one (I) or more years’ service to department closing or a Job Junior employee, the agrees to give training to said employee, for position presently within the unit, Said employee shall be the eight rate in that If the employee is successfully within the a new employee, under acceleration period of the new classification. If employee cannot satisfactorily be retrained in that he shall be existence; otherwise, he I be with severance pay, as below. If an employee refuses part-time he shall be considered to have terminated with the Company. Any regular, employee with one or more years' whose by the Company under provision, receive one (I) severance pay for each of full-time service, up to a maximum of weeks' pay. does not to employees who