China Closing Payment definition

China Closing Payment means an amount equal to Six Million U.S. Dollars (U.S. $6,000,000).
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Examples of China Closing Payment in a sentence

  • China Holdings shall have opened an assets settlement account (资产变现账户) for the receipt of the China Closing Payment.

  • Pursuant to Section 6.25, the consideration that Buyer shall pay Seller or its Affiliates for the China Shares shall be an amount equal to (a) China Closing Payment plus (b) the China Final Cash, less (c) the amount, if any, by which the China Final Net Working Capital is less than the China Target Net Working Capital, plus (d) the amount, if any, by which the China Final Net Working Capital is greater than the China Target Net Working Capital.

  • The closing of the purchase of the China Shares, and all closing activities and obligations with respect thereto, shall be deferred until all China Approvals have been received, including the payment of the China Closing Payment in accordance with Section 6.25, but, for the avoidance of doubt, in no event shall the China Closing occur prior to the Base Closing.

Related to China Closing Payment

  • Closing Payment has the meaning set forth in Section 2.2(a).

  • Closing Payment Amount will have the meaning set forth in Section 1.3(a).

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Second Closing has the meaning set forth in Section 2.2.

  • Subsequent Closing shall have the meaning ascribed to such term in Section 2.4.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Second Closing Date means the date of the Second Closing.

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

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

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

  • Closing Merger Consideration has the meaning set forth in Section 2.02

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Final Closing means the last closing under the Private Placement;

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Pre-Closing Straddle Period means the portion of a Straddle Period ending on the Closing Date.

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

  • Series Closing Date means the date designated as such in the Series Term Sheet.

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

  • Option Closing means the closing of the purchase and sale of the Option Shares pursuant to Section 2.2.