Closing (PTM) definition

Closing (PTM) means the completion of the sale to, and the purchase by, the Buyer of the Purchased Shares from PTM RSA and the completion of all other transactions contemplated by this Agreement that are to occur contemporaneously with the purchase and sale of the Purchased Shares from PTM RSA;
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Examples of Closing (PTM) in a sentence

  • On the Closing Date for Closing (PTM), JOGMEC shall deliver or cause to be delivered to the Escrow Agent the Escrow Documents for Purchased Shares held by Tiger Gate (as nominee for and on behalf of JOGMEC) representing 6.4% of the equity of the Company to the Escrow Agent to be held by the Escrow Agent pursuant to the Escrow Agreement.

  • On the Closing Date for Closing (PTM), the Buyer shall pay $12.8 million to the Escrow Agent in respect of the Purchase Price for Purchased Shares held by Tiger Gate (as nominee for and on behalf of JOGMEC) representing 6.4% of the equity of the Company to be held by the Escrow Agent pursuant to the Escrow Agreement.

  • The Buyer shall be obliged to complete the Closing only if each of the Conditions Precedent set out in the following Subsections of this Section 7.2 have been satisfied in full before the Closing Date in respect of Closing (PTM).