Single Closing Sample Clauses
Single Closing. Subject to the rights of Buyer to remove one or more single assets under Paragraphs 3, 13 and 14 above, it is the intent of the parties that, and Seller is not obligated to proceed with Closing hereunder unless, all of the Properties are acquired by Buyer or its assigns (in accordance with Paragraph 21(a), above) in a single Closing.
Single Closing. All Common Shares and Preferred Shares to be Transferred by the Selling Shareholder and the Preferred Shareholder(s) with respect to a single Notice of Sale and any related Election Notice shall be Transferred to the Purchaser in a single closing on the terms and conditions described in such Notice of Sale. The Company agrees not to register any Transfer of Common Shares by the Selling Shareholder to which the Preferred Shareholder’s co-sale right apply unless the Selling Shareholder is in full compliance with the applicable provisions of this Agreement.
Single Closing. Conversion of Series B Preferred Shares. All Common Shares and Series B Preferred Shares to be Transferred by XFL and the Investor with respect to a single Notice of Sale shall be Transferred to the Purchaser in a single closing on the terms and conditions described in such Notice of Sale. If the Purchaser desires to purchase the Common Shares into which any Investor Preferred Shares included in the Elected Shares would be convertible at the time of such Transfer but for the limitations on such conversion set forth in Section 4.1 of the Authorizing Resolution, the Company agrees to waive such limitations and to permit such Investor Preferred Shares to be converted into such Common Shares in connection with such Transfer.
Single Closing. All Common Shares to be Transferred by the Parent and any Investor with respect to a single Notice of Sale shall be Transferred to the Purchaser in a single closing on the terms and conditions described in such Notice of Sale. No Investor shall be obligated to Transfer any Common Shares to the Purchaser if the Parent defaults in its obligation to Transfer its Common Shares to the Purchaser. In connection with any such sale of Common Shares under this Section 3.02(c), each electing Investor agrees to enter into and deliver a purchase and sale agreement for the benefit of the Purchaser in connection with the Transfer of their Common Shares under this Section 3.02(c), which purchase and sale agreement shall contain standard and customary representations, warranties, covenants and indemnities by each electing Investor for the benefit of the Purchaser; provided, however, that such representations, warranties, covenants and indemnities shall be substantially similar to those made by the Parent for the benefit of the Purchaser. If any electing Investor defaults in its obligation to Transfer Common Shares, the Parent and the other Investors may (but shall not be obligated to) Transfer to the Purchaser (on a pro-rata basis) an additional number of Common Shares not greater than the number of shares with respect to which default was made and thereafter the defaulting Investor shall not be entitled or obligated to Transfer to the proposed Purchasers such shares.
Single Closing. The Company Shares and Warrants will be sold at a single Closing unless otherwise agreed to by the Company and the Investors in writing.