Status at Closing Sample Clauses

Status at Closing. At Closing, Seller shall have (i) paid or cause to be paid all Taxes it is required to pay as of such time, and (ii) withheld with respect to its employees all federal and state income taxes, FICA, FUTA and other Taxes required to be withheld as of such time, if any.
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Status at Closing. Global Energy, Inc. represents that at the completion of the Closing, in addition to its conveyance of the shares of Lima Energy Company to USASF, it shall have conveyed all its interest in the Project and to Lima Energy Company, subject to Section 2.3 of this Agreement.
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Status at Closing. All representations and warranties of Seller contained in Section 12.2(a) or otherwise made in writing by Seller in connection with the transactions provided for in this Agreement shall be true and correct on the Date of this Agreement and on the Closing Date, except to the extent Buyer has been notified in writing by Seller or otherwise to the contrary after the Date of this Agreement and prior to the Closing Date. At the Closing, Seller shall deliver to Buyer, pursuant to Section 8.5, Seller's Closing Certificate to confirm the status of Seller's representations and warranties.
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Status at Closing. At Closing JLLM shall have no material assets and no liabilities, except for notes payable following Closing in the aggregate amount of $20,000 (the “Remaining Notes”), copies of which shall be furnished by JLLM to CMT at Closing as set forth in Schedule 6.11, it shall not be involved in any legal proceedings, and shall have no material agreements, arrangements, or obligations, whether oral or written, and that shall have no outstanding options, warrants, or other instruments convertible into equity securities of JLLM or which would grant any party the right to purchase equity securities of JLLM.
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Status at Closing. At Closing, (i) SYSX will have unpaid liabilities, and (ii) may have arrangements for the issuance or grant(s) of options, warrants, or other instruments convertible into SYSX Common Stock, capital stock or securities, or which would grant certain rights as referenced herein.
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Related to Status at Closing

  • Actions at Closing At the Closing, the following actions will take place:

  • Payment at Closing The Borrower shall have paid (A) to the Administrative Agent, the Arrangers and the Lenders the fees set forth or referenced in Section 4.3 and any other accrued and unpaid fees or commissions due hereunder, (B) all reasonable fees, charges and disbursements of counsel to the Administrative Agent (directly to such counsel if requested by the Administrative Agent) to the extent accrued and unpaid prior to or on the Closing Date, plus such additional amounts of such reasonable fees, charges and disbursements as shall constitute its reasonable estimate of such fees, charges and disbursements incurred or to be incurred by it through the closing proceedings (provided that such estimate shall not thereafter preclude a final settling of accounts between the Borrower and the Administrative Agent) and (C) to any other Person such amount as may be due thereto in connection with the transactions contemplated hereby, including all taxes, fees and other charges in connection with the execution, delivery, recording, filing and registration of any of the Loan Documents.

  • Transactions at Closing At the Closing, the following transactions shall occur, which transactions shall be deemed to take place simultaneously and no transaction shall be deemed to have been completed or any document delivered until all such transactions have been completed and all required documents delivered:

  • Cash at Closing At Closing, Purchaser shall pay to Seller, by wire transferred current federal funds, an amount equal to the Purchase Price, minus the sum of the Xxxxxxx Money which Seller receives at Closing from the Escrowee, and plus or minus, as the case may require, the closing prorations and adjustments to be made pursuant to Section 4(C) below.

  • Deliveries by Buyer at Closing At the Closing, Buyer shall deliver to Seller:

  • Transactions at the Closing At the Closing, the following transactions shall occur, which transactions shall be deemed to take place simultaneously and no transaction shall be deemed to have been completed or any document delivered until all such transactions have been completed and all required documents delivered:

  • Actions at the Closing At the Closing:

  • Deliveries by Seller at Closing At the Closing, Seller shall deliver or cause to be delivered to Buyer the following:

  • Purchaser’s Obligations at Closing At Closing, Purchaser shall:

  • Seller’s Obligations at Closing At Closing, Seller shall:

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