Closes definition

Closes or "closing" means the permanent shutdown of:
Sample 1
Closes or “Closing” shall mean the consummation of a Financing and/or Merger Transaction including the payment and delivery of any funds by the Company, or a duly appointed escrow agent, and/or the issuance and/or acceptance of any assets, securities or debt instruments by the Company, or a duly appointed escrow agent to a group Introduced to the Company by Bibicoff. If the transaction is concluded through multiple or stepped milestones, then each such separate funding shall be deemed a Closing.
Sample 1

Examples of Closes in a sentence

  • Provided the Merger Closes, Interim Consultant shall not, during the Service Period and for the 12 months immediately thereafter, directly or indirectly, contact or solicit any designated customers of the Company or any of its Affiliates for the purpose of selling to the designated customers any services or products which are the same as or substantially similar to, or in any way competitive with, the services or products sold by the Company or any of its Affiliates during the Service Period.

  • Subject to the terms and conditions of this Agreement, and without regard to the occurrence or non-occurrence of a change in control or other reorganization of the Company, the Company will pay to you an Retention Payment if the Transaction Closes during the Term of this Agreement and you remain employed by the Company or its successor in interest as of a date that is 30 calendar days after the date of Closing (the "Determination Date").

  • Annual Rent increases pursuant to the Leases are to be paid through the day preceding the Closing Date; provided, however, that if this transaction Closes, Buyer will receive a Rent credit at Closing equal to the annual Rent increases beginning November 1, 2016 through the day preceding the Closing Date, which the parties shall Prorate for the month in which Closing occurs.

  • Thank you for joining us today and thank you for your continued support of HTI.Operator Closes the Call The conference has now concluded.

  • The cost to develop these audited statements shall be borne by the respective parties to this transaction as follows: If this contemplated transaction Closes then both parties shall be responsible for half the cost (up to a maximum of $ 7,500 for the Seller) with the Seller able to pay his half of the cost by reducing the number of shares of GKIG stock being issued to him at Close so that the reduction in value of stock received is equal to his half of the audit cost.

  • If this transaction Closes, percentage rent under the Leases for the year 2016 (if any) shall accrue through October 31, 2016 and shall be paid to Seller at Closing; provided that Buyer shall provide to Seller all information and documents necessary to calculate any such percentage rent no later than December 15, 2016, with such calculation to be an amount mutually agreed upon by Seller and Buyer prior to Closing.

  • The two closings of the sale and purchase of the Shares shall take place with respect to each of MTVP and MTRCM on such date as set forth beside such Purchaser’s name on Schedule I (each, a “Close”); provided, however, that Seller shall have no further obligation to sell the Shares to Purchaser if the Closes have not occurred on or prior to December 31, 2009.

  • Additional Closes, upon substantially identical terms and conditions to those contained herein, shall be held in accordance with the increments and timetable set forth in Section 1 until all 600,000 Shares have been sold.

  • Seller shall have entered into the Escrow ---------------- Agreement, dated the date hereof (the "Escrow Agreement"), among Buyer, Seller, ---------------- the Closes, National Coin Laundry Holding, Inc., National Coin Laundry, Inc., National Laundry Equipment Company and Key Trust Company, N.A., substantially in the form of Exhibit K attached hereto.

  • FTC, FTC’s Competition Bureau Closes Investigation into Comcast, Time Warner Cable and Adelphia Communications Transactions, at http://www.ftc.gov/opa/2006/01/fyi0609.htm (last visited June 19, 2006).

Related to Closes

  • Business Combination Date means the date upon which a Business Combination is consummated.

  • Closing has the meaning set forth in Section 2.2.

  • New entrant means a teacher who is not a present teacher.

  • Business Combination means a merger, consolidation, statutory share exchange or similar transaction that requires the approval of the Company’s stockholders.

  • IPO means the Company’s initial public offering of securities.

  • Initial Business Combination means the acquisition by the Company, whether through a merger, share exchange, asset acquisition, stock purchase, reorganization, recapitalization or similar type of transaction, of one or more business or entities (“Target Business” or “Target Businesses”), whose collective fair market value is equal to at least 80% of the balance in the Trust Account and resulting in ownership by the Company or the holders of IPO Shares of at least 51% of the voting equity interests of the Target Business or Businesses or all or substantially all of the assets of the Target Business or Businesses;

  • Close-Out Date means a day on which, pursuant to the provisions of Section 8.1, the Non-Defaulting Party closes out Currency Obligations and/or Options or such close-out occurs automatically. "Closing Gain", as to the Non-Defaulting Party, means the difference described as such in relation to a particular Value Date under the provisions of Section 8.1.

  • Exit Management Date means each of the following:

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

  • Sale Period has the meaning set forth in Section 8.7,

  • Business Combination Transaction means:

  • Closed is defined in Section 2.5.

  • close links means a situation in which two or more natural or legal persons are linked by:

  • Divestiture Date means the date on which the Divestiture Assets are divested to Acquirer pursuant to this Final Judgment.

  • Public Trading Date means the first date upon which Common Stock is listed (or approved for listing) upon notice of issuance on any securities exchange or designated (or approved for designation) upon notice of issuance as a national market security on an interdealer quotation system.

  • Company Sale a sale, conveyance or other disposition of the Company, whether by merger, consolidation, sale of all or substantially all of the Company’s assets or sale of capital stock, including any issuance or transfer of Capital Stock of the Company to any Person.

  • Retail transaction means the purchase of prepaid wireless telecommunications service from a seller for any purpose other than resale.

  • Close links shall mean a situation in which two or more natural or legal persons are linked by:

  • Deep sedation means a drug-induced depression of consciousness during which patients cannot be easily aroused but respond purposefully following repeated or painful stimulation. The ability to independently maintain ventilatory function may be impaired. Patients may require assistance in maintaining a patent airway, and spontaneous ventilation may be inadequate. Cardiovascular function is usually maintained.

  • close corporation means a close corporation within the meaning of the Close Corporations Act, 1984 (Act No. 69 of 1984);

  • Homeless shelter means a facility providing temporary housing and services for homeless persons.

  • Consummation Date means the date of the substantial consummation (as defined in Section 1101 of the Bankruptcy Code and which for purposes of this Agreement shall be no later than the effective date) of a Reorganization Plan that is confirmed pursuant to an order of the Bankruptcy Court.

  • Close of Business means 5:00 p.m. (New York City time).

  • Closing Location means the location that all Proposals for this RFP will be accepted at.

  • Go-Live Date means the date on which the City, acting reasonably, confirms in writing that the Services satisfy the functional, technical and security requirements as set out in this Agreement;

  • Co-location means the use of an existing tower or structure to support antennae for the provision of wireless services. A replacement tower that is constructed on the same site as an existing tower will be considered a co-location as long as the new tower is no taller than the old tower and that the old tower is removed in a reasonable short time frame after the new tower is constructed.