Business Closure Period definition

Business Closure Period means the period commencing on the Asset Closing Date and ending on the earliest of (a) the agreement of all of the parties hereto, (b) the receipt by Buyer of the certification by Seller and ROC as the completion of the Business Closure contemplated by Section 7.9(f) or (c) the date that is one-hundred eighty (180) days after the Asset Closing Date; provided, with respect to clause (c), that Seller may, at its option, extend the Business Closure Period for up to ninety (90) days to obtain any required Approval under the Gaming Laws in order to terminate the Lease and transfer operation of the Property to Buyer so long as such Approval is the only matter remaining to complete the Business Closure.
Sample 1

Examples of Business Closure Period in a sentence

  • Notwithstanding the foregoing, the representations and warranties of the parties hereto contained herein shall survive the delivery of the Grant, Bargain and Sale Deed and the Asset Closing and through three (3) months after the end of the Business Closure Period (the “Representation and Warranty Survival Period”).

  • Buyer understands and agrees that it is solely Buyer’s responsibility to obtain any and all operating agreements and Approvals necessary to operate the Property from and after the Lease Termination Date; provided, that the foregoing shall not relieve Seller of its obligations under Section 7.9 and Buyer shall have no responsibility to obtain any Approval necessary to operate the Property in connection with the conduct of the Business (including during the Business Closure Period).

Related to Business Closure Period

  • disclosure period means the period commencing on 11 July 2016 (being the date 12 months prior to the commencement of the Offer Period) and ending on the Disclosure Date;

  • Books Closure Date means the date and time to be determined by the Manager on which the register of Unitholders will be closed for the purpose of determining the entitlements of Unitholders to a Distribution;

  • Time of Sale Disclosure Package means the Prospectus most recently filed with the Commission before the time of this Agreement, including any preliminary prospectus supplement deemed to be a part thereof, each Issuer Free Writing Prospectus, and the description of the transaction provided by the Underwriters included on Schedule II.

  • Post-closure plan means a plan indicating the actions to be taken for the care, maintenance, and monitoring of the Development after closure, that will prevent, mitigate, or minimize the threat to public health and the environment;

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • Closure plan means the plan for closure prepared in accordance with the requirements of § 265.112.

  • Pre-Closing Period means any taxable period ending on or before the Closing Date.

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Lock-up Period means the period beginning on the date hereof and continuing through the close of trading on the date that is 90 days after the date of the Prospectus (as defined in the Underwriting Agreement).

  • Start-up Period means up to 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age range of the Academy will have some pupils present).

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Second Closing Date has the meaning set forth in Section 1.3.

  • Scheduled Closing Time means, in respect of an Exchange or Related Exchange and a Scheduled Trading Day, the scheduled weekday closing time of such Exchange or Related Exchange on such Scheduled Trading Day, without regard to after hours or any other trading outside of the regular trading session hours.

  • Purchase and Sale Termination Date has the meaning set forth in Section 1.4 of the Sale Agreement.

  • Share Acquisition Date means the first date of public announcement by the Company (by press release, filing made with the Securities and Exchange Commission or otherwise) that an Acquiring Person has become such.

  • Private Placement Lock-up Period means, with respect to Private Placement Warrants that are held by the initial purchasers of such Private Placement Warrants or their Permitted Transferees, and any of the Ordinary Shares issued or issuable upon the exercise or conversion of the Private Placement Warrants and that are held by the initial purchasers of the Private Placement Warrants or their Permitted Transferees, the period ending 30 days after the completion of the Company’s initial Business Combination.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • disclosure date means either of the following:

  • Final Approval Date means the date on which the Court enters its Order and Judgment approving the Settlement.

  • Acquisition Closing Date means the “Closing Date” under and as defined in the Acquisition Agreement.

  • Time of Sale Prospectus means the Preliminary Prospectus, as amended or supplemented immediately prior to the Applicable Time, together with the free writing prospectuses, if any, identified in Schedule B hereto. As used herein, “Road Show” means a “road show” (as defined in Rule 433 under the Securities Act) relating to the offering of the Offered Shares contemplated hereby that is a “written communication” (as defined in Rule 405 under the Securities Act). All references in this Agreement to the Registration Statement, the Preliminary Prospectus, any preliminary prospectus, the Base Prospectus and the Prospectus shall include the documents incorporated or deemed to be incorporated by reference therein. All references in this Agreement to financial statements and schedules and other information which are “contained,” “included” or “stated” in, or “part of” the Registration Statement, the Rule 462(b) Registration Statement, the Preliminary Prospectus, any preliminary prospectus, the Base Prospectus, the Time of Sale Prospectus or the Prospectus, and all other references of like import, shall be deemed to mean and include all such financial statements and schedules and other information which is or is deemed to be incorporated by reference in the Registration Statement, the Rule 462(b) Registration Statement, the Preliminary Prospectus, any preliminary prospectus, the Base Prospectus, the Time of Sale Prospectus or the Prospectus, as the case may be. All references in this Agreement to amendments or supplements to the Registration Statement, the Preliminary Prospectus, any preliminary prospectus, the Base Prospectus, the Time of Sale Prospectus or the Prospectus shall be deemed to mean and include the filing of any document under the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder (collectively, the “Exchange Act”) that is or is deemed to be incorporated by reference in the Registration Statement, the Preliminary Prospectus, any preliminary prospectus, the Base Prospectus, or the Prospectus, as the case may be. All references in this Agreement to (i) the Registration Statement, the Preliminary Prospectus, any preliminary prospectus, the Base Prospectus or the Prospectus, any amendments or supplements to any of the foregoing, or any free writing prospectus, shall include any copy thereof filed with the Commission pursuant to its Electronic Data Gathering, Analysis and Retrieval System (“XXXXX”) and (ii) the Prospectus shall be deemed to include any “electronic Prospectus” provided for use in connection with the offering of the Offered Shares as contemplated by Section 3(n) of this Agreement. In the event that the Company has only one subsidiary, then all references herein to “subsidiaries” of the Company shall be deemed to refer to such single subsidiary, mutatis mutandis. The Company hereby confirms its agreements with the Underwriters as follows:

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.

  • Issuer Call Commencement Date means the date specified as such in the definition of the relevant Series in the applicable Final Terms;

  • Stockholder Approval Date means the date on which Stockholder Approval is received and deemed effective under Delaware law.

  • Acquisition Period means any period commencing on the date that a Material Acquisition is consummated through and including the last day of the second full fiscal quarter following the date on which such acquisition is consummated; provided that there shall be at least one full fiscal quarter between any two Acquisition Periods.

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).