CP Close definition
CP Close means the date on which each of the conditions precedent in Clause 4.1 (Initial Conditions Precedent) are satisfied or waived by all Lenders (in their absolute discretion) and as notified by the Lenders to the Borrower in writing on the date thereof.
Examples of CP Close in a sentence
The Group Structure Chart most recently provided to the Lenders sets out the true and correct corporate structure and ownership of the Group as at, in respect of the Group Structure Chart delivered as a condition precedent to CP Close, CP Close or, in respect of any subsequent Group Structure Chart delivered, the date of such delivery, and does not omit any material detail.