Offering Closing Clause Samples
The Offering Closing clause defines the specific point in time when the sale and purchase of securities in an offering are finalized and the transaction is completed. Typically, this clause outlines the conditions that must be satisfied before closing can occur, such as regulatory approvals, delivery of documents, and payment of funds. By clearly establishing when and how the closing takes place, this clause ensures that all parties understand their obligations and the sequence of events, thereby reducing uncertainty and facilitating a smooth completion of the transaction.
Offering Closing. The closing of the Offering shall occur substantially concurrently with the Closing.
Offering Closing. The Parties acknowledge and agree that the Series is undertaking a public offering of the Class A Units of the Series, pursuant to Regulation A under the Securities Act or an alternate offering provision or exemption from registration thereunder, as determined by the Series (the “Offering”), which Offering is intended to provide to the Series the funds as required to consummate the Transactions. Subject to the satisfaction of the other conditions and requirements as set forth herein, the closing of the Transactions (the “Closing”) shall occur on first Business Day following the Date that the Offering has resulted in the Series having sufficient funds, or the Series having sufficient funds from other sources, in each case as determined by the Series, or such other date as may be agreed by the Parties (the “Closing Date”), via the exchange of electronic documents and other items as required herein.
Offering Closing. All conditions to the closing of the Offering set forth in the underwriting agreement to be entered into by and among the Company and the underwriters in the Offering shall have been satisfied or waived and the Offering shall be simultaneously closing.
Offering Closing. Other than consummation of the transactions contemplated hereby, all conditions precedent to the closing of the Offering shall have been satisfied or irrevocably and unconditionally waived.
Offering Closing. This Agreement will automatically terminate and be of no force and effect if the closing of the Offering does not occur on or before August 31, 2010.