Right to Delay Closing Sample Clauses

Right to Delay Closing. In the event that (x) the provisions of Section 1.10(a) would result in a reduction of the Merger Consideration if calculated on the date on which the Closing would otherwise occur pursuant to Section 1.2 and (y) in good faith the Company has reasonably determined that a material number of additional Consents from PAM Advisory Clients in respect of PAM Advisory Contracts are reasoxxxly likely to be delivered to the Xxmpany within the next thirty (30) calendar days, the Company shall have the right, by written notice to Parent delivered within one Business Day after the end of the Reference Period, to delay the Closing to the date specified in such notice, which date shall be no later than the date thirty (30) calendar days after the date on which the Closing would otherwise occur pursuant to Section 1.2; provided, that in the event that the Company shall have elected to delay the Closing pursuant to this Section 1.10(c), the Company shall not have the right to terminate this Agreement pursuant to Section 7.1(h); and provided, further, that the Company may exercise the right described in this Section 1.10(c) no more than once.
Sample 1
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Related to Right to Delay Closing

  • Conditions Precedent to the Closing Date The obligation of the Lenders to execute this Agreement and make any requested Loans on the Closing Date is subject to the prior satisfaction of each of the following conditions (unless waived in writing by Administrative Agent with the consent of the Lenders):

  • Conditions to the Closing Date The obligations of each Bank to make the Loans contemplated by subsections 2.1 and 2.2 and of the Issuing Bank to issue Letters of Credit contemplated by subsection 3.1 shall be subject to the compliance by the Company with its agreements herein contained and to the satisfaction of the following conditions on or before the Closing Date:

  • Conditions Precedent to the Effective Date The occurrence of the Effective Date pursuant to Section 13.10 is subject to the satisfaction of the following conditions:

  • Conditions Precedent to Closing Date The obligation of the Lenders to make each Loan hereunder, and the obligation of the Letter of Credit Issuer to issue Letters of Credit hereunder, in each case, on the Closing Date are subject to the satisfaction on or prior to the Closing Date of each of the following conditions:

  • Post-Closing Conditions On or before each of the dates specified in this Section 4.3, Borrower shall satisfy each of the items specified in the subsections below:

  • Conditions Precedent to the Effectiveness of this Agreement The effectiveness of this Agreement is subject to the receipt by IBM Credit of, or waiver in writing by IBM Credit of compliance with, the following conditions precedent:

  • Conditions Precedent to the Closing Conditions precedent to the Closing are as follows:

  • Conditions Precedent to Effective Date This Agreement shall become effective on the date (such date, the “Effective Date”) when each of the following conditions is satisfied (or waived) in accordance with the terms herein:

  • CONDITIONS PRECEDENT TO THE MERGER The obligations of the Parties to effect the Merger are subject to the satisfaction, at or prior to the Closing, of each of the following conditions:

  • Conditions to Obligation of the Company to Effect the Merger Unless waived by the Company, the obligation of the Company to effect the Merger shall be subject to the fulfillment at or prior to the Effective Time of the following additional conditions:

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