Delayed Closing has the meaning set forth in Section 2.6.

Delayed Closing means a delay in the CLM RTS cut-off and RTGS RTS II cut-off (scheduled for 18:00).

Delayed Closing means, in respect of a Delayed Business, completion of the transfer of legal ownership of that Delayed Business to the Purchaser in accordance with this Schedule;

Examples of Delayed Closing in a sentence

The Vendor shall give written notice to the Purchaser of the Delayed Closing Date as soon as the Vendor knows that it will be unable to Close on the Firm Closing Date, and in any event at least 10 days before the Firm Closing Date, failing which delayed closing compensation is payable from the date that is 10 days before the Firm Closing Date, in accordance with paragraph 7(c).
In setting the Delayed Closing Date (or new Delayed Closing Date), the Vendor shall comply with the requirements of section 3, and delayed closing compensation shall be payable in accordance with section 7.
After the Delayed Closing Date is set, if the Vendor cannot Close on the Delayed Closing Date, the Vendor shall select and give written notice to the Purchaser of a new Delayed Closing Date, unless the delay arises due to Unavoidable Delay under section 5 or is mutually agreed upon under section 4, in which case the requirements of those sections must be met.
The Delayed Closing Date may be any Business Day after the date the Purchaser receives written notice of the Delayed Closing Date but not later than the Outside Closing Date.
Paragraphs (b) and (c) above apply with respect to the setting of the new Delayed Closing Date.

More Definitions of Delayed Closing

Delayed Closing has the meaning set forth in Section 2.1.

Delayed Closing has the meaning given to it in Schedule 25;

Delayed Closing means the closing of a transaction identified in reasonable detail on Schedule 1.1(a) attached hereto. Designated Proceeds — see Section 6.1.2(a).

Delayed Closing has the meaning given in Schedule 22 (Delayed Businesses);

Delayed Closing has the meaning set forth in Section 1(a)(ii).

Delayed Closing shall have the meaning specified in Section 5.7(b).

Delayed Closing shall have the meaning set out in Section 5.4;