Closing Event definition
Examples of Closing Event in a sentence
Subject to the terms of Section 5, the closing of the sale and purchase of the Milestone Shares under this Agreement (the "Milestone Closing") shall be held on the date specified by the parties within thirty (30) days after the Milestone Closing Event (the "Milestone Closing Date") at the offices of Cool▇▇ ▇▇▇ward LLP ("Cool▇▇ ▇▇▇ward"), 4365 ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇ at such time and place as SIGNAL and DPM may agree.
This Agreement may also be terminated and the transactions contemplated herein abandoned by either Buyer or Seller by written notice to the other party, in the event a Material Adverse Closing Event has occurred.
Regardless of the order of the Closing Events set out below, each Closing Event shall only be deemed to have been carried out and become effective once all Closing Events have been carried out.
The partial liquidated damages pursuant to the terms hereof shall apply on a daily pro rata basis for any portion of a month prior to the cure of a Second Closing Event.
On the Subsequent Closing Date, subject to the occurrence of the Subsequent Closing Event, upon the terms and conditions set forth herein, the Company agrees to sell, and the Purchaser agrees to purchase, the Subsequent Closing Preferred Stock.
This Agreement will automatically terminate if the Closing Event does not occur in accordance with the Merger Agreement.
A Delayed Second Closing Event shall have occurred and the Requisite Stockholder Approval shall have been obtained.
The parties recognize that in the event of a Closing Event, as described below the level of shrinkage is likely to substantially increase and Supplier will be disproportionately and adversely impacted thereby.
The partial liquidated damages pursuant to the terms hereof shall apply on a daily pro rata basis for any portion of a month prior to the cure of a First Closing Event.
If the January 1 Closing Event occurs, Section 2.05 of the SAPA shall be deleted and replaced in its entirety by the following provisions.