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Common use of SPA Clause in Contracts

SPA. The closing of the transactions contemplated by the SPA shall have occurred.

Appears in 2 contracts

Sources: Merger Agreement (Genco Shipping & Trading LTD), Merger Agreement (Baltic Trading LTD)

Related Clauses

  • AMENDMENT AGREEMENT
  • Share Purchase Agreement
  • Exchange Agreement
  • Purchase Agreement
  • Stock Purchase Agreement

Parent Clauses

  • Representations and Warranties
  • General Undertakings
  • Definitions
  • REPRESENTATIONS AND WARRANTIES OF SHAREHOLDER
  • Conditions

Sub-Clauses

  • No binding obligations on the Purchaser
  • Commitment to sell the Shares and the Intercompany Loan
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