Class B Closing definition

Class B Closing means the date designated by the Managing Trustee on, or as of which, subscribers acquire Class B Subordinated Interests and become Class B Beneficiaries.
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Class B Closing has the meaning assigned to it in Section 2.4.
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Class B Closing means the closing of the transactions contemplated by the Class B Note Purchase Agreement.
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Examples of Class B Closing in a sentence

  • Any Escrow Interest shall be paid to the subscribers who become Class B Beneficiaries by the Escrow Agent within fifteen (15) days after the Class B Closing; provided, however, that no Escrow Interest shall be paid with respect to subscription payments received fewer than three days prior to such Closing.

  • Upon receipt of subscriptions for not less than the Minimum Offering acceptable to the Managing Trustee and the determination of the Managing Trustee to proceed to the Class B Closing, the Escrow Agent shall release the proceeds of such subscriptions to the Trust.

  • The phrase is included in 3-306.04 to provide discretion so that an interpreter coordinator can appoint an interpreter in every hearing, even when a certified interpreter is unavailable.

  • Promptly after the Class B Closing the Trust will make the Special Class A Distribution to the Class A Beneficiaries.

  • On the terms and conditions set forth in this Agreement and the other Basic Documents, and in reliance on the covenants, representations and agreements set forth herein and therein, the Issuer shall issue and cause the Trustee to authenticate and deliver to the Class A Note Purchaser an amended and restated Class A Note on the Class B Closing Date.

  • The Class A Notes were originally issued on the Class A Closing Date and the Class B Notes will be issued on the Class B Closing Date.

  • MDC Holdco shall have the right to postpone any scheduled Class B Closing until any such governmental or regulatory approval is obtained.

  • The term of the Commitment hereunder (the "Class A Term") shall be for a period commencing on the Class B Closing Date and ending on the Class A Facility Termination Date.

  • The obligation of Owner to participate in the transaction contemplated hereby on the Class B Closing Date is subject to the satisfaction or waiver by Owner, on or prior to the Class B Closing Date, of the conditions precedent set forth below in this Section 4.3.

  • On or before the Class B Closing Date, the Borrower shall provide the Liquidity Provider with a fully executed Internal Revenue Service Form W-9, showing a complete exemption from U.S federal backup withholding tax.

Related to Class B Closing

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

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

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

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

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

  • Class B Final Distribution Date means the August 16, 2021 Distribution Date.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

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

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

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

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Class A Shares means Class A ordinary shares, par value US$0.0001 per share, in the share capital of the Company.

  • Original Closing Date means March 21, 2013.

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

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

  • 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.

  • IPO Closing Date means the closing date of the IPO.

  • Class A-2 Final Distribution Date has the meaning set forth in the Sale and Servicing Agreement.

  • Tender Closing Date means the date and time set out in column (C) of Part 1 of the Schedule to the Tender Notice;

  • Delayed Closing Date means the date, set in accordance with section 3, on which the Vendor agrees to Close, in the event the Vendor cannot Close on the Firm Closing Date.

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

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

  • Scheduled Closing Date Has the meaning specified in the NPA.