Fourth Closing Date Clause Samples
The 'Fourth Closing Date' clause defines the specific date on which the fourth scheduled closing of a transaction will occur. In practice, this clause sets a clear timeline for when parties must fulfill their obligations related to the fourth installment or phase of a deal, such as delivering assets, making payments, or transferring ownership. By establishing this date, the clause ensures all parties are aligned on key deadlines, thereby promoting orderly execution and reducing the risk of misunderstandings or delays in multi-stage transactions.
Fourth Closing Date. The words “at such time and place as the Company and the Purchasers shall mutually agree in writing, but in any event not later than fourteen (14) days after the Board determines that the Company’s cash position requires the infusion of additional funds to continue to operate its business” in Section 2.7 of the CNA shall be deleted and replaced in their entirety with the following words: “on April 26, 2016, or at such other time and place as the Company and the Purchasers shall mutually agree in writing”.
Fourth Closing Date. The Transferee shall pay the Fourth Installment of the Purchase Price pursuant to Section 3.2.4 and Section 3.3 hereof to the Transferors (the “Fourth Closing”). The day of payment of the Fourth Installment of Purchase Price shall be the fourth closing date (the “Fourth Closing Date”).
Fourth Closing Date. Subject to the terms and conditions hereof and on the basis of the representations and warranties set forth herein, Lessees agree to sell to the Owner Trustee, and the Owner Trustee agrees to purchase from Lessees, on the fourth Closing Date the Group of Equipment described in the Interim Lease Supplement executed and delivered on such Closing Date and in connection therewith, the Owner Trustee agrees to pay to Lessees the Equipment Cost for such Group of Equipment. On the fourth Closing Date, Lessees shall deliver such Group of Equipment to the Owner Trustee, and the Owner Trustee shall accept such delivery.
Fourth Closing Date. Subject to performance all terms and conditions provided hereof, the sale, assignment, transfer, and delivery of the SHARES and the Closing Purchase Price, shall be simultaneously on the Closing Date, this is, on the fourth (4th) day of April two thousand six (2006) at ten thirty (10:30) a.m., Law Firm ICAZA, G▇▇▇▇▇▇▇-▇▇▇▇ & A▇▇▇▇▇, located at C▇▇▇▇ ▇▇▇▇▇▇▇▇ de la Guardia N▇. ▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ of Panama. The parties hereof may mutually agree to postpone the Closing Date.