Closing Obligations definition

Closing Obligations shall have the meaning ascribed thereto in Section 9.1.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Closing Obligations shall have the meaning ascribed to it in Clause 5.2;

Closing Obligations means the Seller’s Closing Obligations and the Purchaser’s Closing Obligations as set forth in Clauses 5.2 and 5.3 respectively.

Examples of Closing Obligations in a sentence

• The effectiveness of any action taken at the Closing towards fulfillment of any Closing Obligation is conditional upon completion of all other actions taken towards fulfillment of all other Closing Obligations; failure to complete one of said actions shall automatically render all other such actions null and void.

• Tenant shall provide all communications regarding the Post Closing Obligations, including Tenant’s proof of satisfactory completion thereof to Landlord, addressed to: ▇▇▇▇▇ ▇.

• At Closing all cash and cash equivalents including, without limitation, the proceeds of the Purchase Price remaining after the payment of the Company Closing Obligations, shall be transferred to the Operating Subsidiary.

• Notwithstanding the foregoing, in the event that the Final Closing Obligations terminate and the Final Closing does not take place, the representations and warranties in described clauses (a) through (c) above will terminate twelve (12) months after the Initial Closing Date.

• Schedule 5 Post Closing Obligations......................................

More Definitions of Closing Obligations

Closing Obligations has the meaning set forth in Section 6.19(a)(i).

Closing Obligations has the meaning set forth in Section 8.3.

Closing Obligations means the Genetrix Closing Obligations and the TiGenix Closing Obligations.

Closing Obligations has the meaning given to that term in Clause 5.1.

Closing Obligations means all: (i) Indebtedness as of the close of business on the Closing Date; (ii) Change of Control Obligations; (iii) 50% of the Transaction Expenses as of the close of business on the Closing Date (without duplication of corresponding Working Capital) and (iv) without duplication of the foregoing (i) through (iii), any liabilities that would be recorded on the consolidated balance sheet of the Corporation in accordance GAAP as of the Closing Date.

Closing Obligations. At the Closing: Seller is delivering or causing to be delivered to Buyer: certificates representing the Shares, duly indorsed (or accompanied by duly executed stock powers), for transfer to Buyer; the Registration Rights Agreement; and Buyer is delivering or will cause to be delivered to Seller: certificates representing the Buyer Shares issuable to Seller in the name of Seller; the Warrant; the Registration Rights Agreement; and The Other Shareholders are delivering their certificates representing shares of the Company's common stock duly indorsed (or accompanied by duly executed stock powers) for transfer to Buyer, and Buyer is delivering or will cause to be delivered to the Other Shareholders certificates representing the Buyer Shares issuable to the Other Shareholders in the names of the Other Shareholders.

Closing Obligations. ANNIE'S shall have performed all obligations required to be performed by it hereunder, the performance of which has not been waived by HOLDINGS, and HOLDINGS shall have received a certificate to that effect, dated the Closing Date, signed by the Chief Operating Officer and the Chief Financial Officer of ANNIE'S;