Common use of Closing of equity Clause in Contracts

Closing of equity. 3.1 For the purpose of this agreement, the term “completion date of equity transfer” shall mean the date on which change in equity of the Target is registered with the commercial & industrial authority (the “Completion Date”).As of the completion date, the Transferee shall undertake all rights and obligations of the Transferor to the Target covered by the assigned equity.

Closing of equity. 3.1 For the purpose of this agreement, the term “completion date of equity transfer” shall mean the date on which change in equity of the Target is registered with the commercial & industrial authority (the “Completion Date”).As Date”). As of the completion date, the Transferee Transferees shall undertake all rights and obligations of the Transferor to the Target covered by the assigned equity.

Closing of equity. 3.1 For the purpose of this agreement, the term “completion date of equity transfer” shall mean the date on which change in equity of the Target Company is registered with the commercial & industrial authority (the “Completion Date”).As of the completion date, the Transferee shall undertake all rights and obligations of the Transferor to the Target Company covered by the assigned equity.

Closing of equity. 3.1 For the purpose of this agreement, the term “completion date of equity transfer” shall mean the date on which change in equity of the Target Company is registered with the commercial & industrial authority (the “Completion Date”).As of the completion date, the Transferee shall undertake all rights and obligations of the Transferor Transferors to the Target Company covered by the assigned equity.

Closing of equity. 3.1 For the purpose of this agreementThis Agreement, the term “completion date of equity transfer” shall mean the date on which change in equity of the Target is registered with the commercial & industrial authority (the “Completion Date”).As of the completion date, the Transferee shall undertake all rights and obligations of the Transferor to the Target covered by the assigned equity.