Disposition Closing definition

Disposition Closing has the meaning set forth in Section 10.6.
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Disposition Closing means the closing of the Disposition in all material respects in accordance with the terms of the Disposition Agreement without amendment or waiver in either case materially adverse to the Corporation, unless the consent of NBF, on behalf of the Underwriters, is given to such amendment or waiver;
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Examples of Disposition Closing in a sentence

  • At the Disposition Closing, the Former Member shall deliver to the Company and/or the Remaining Members an instrument of transfer (containing warranties of title and no encumbrances) conveying the Former Member’s Interest.

  • The purchase price shall be payable as follows: (i) at least twenty percent (20%) of the purchase price shall be paid at the Disposition Closing (defined below) and the balance of the purchase price shall be payable in three (3) equal annual principal installments, plus simple accrued interest at the annual rate of six percent (6.0%), commencing on the one (1) year anniversary date of the Disposition Closing and continuing on such date for each succeeding year for the three (3) years.

  • The purchase price shall be payable as follows: (i) at least twenty percent (20%) of the purchase price shall be paid at the Disposition Closing (defined below) and the balance of the purchase price shall be payable in three (3) equal annual principal installments, plus simple accrued interest at the annual rate of five percent (5.0%), commencing on the one (1) year anniversary date of the Disposition Closing and continuing on such date for each succeeding year for the three (3) years.

  • The date and time on which the Second Disposition Closing actually occurs and the transactions contemplated in connection therewith become effective is hereinafter referred to as the "Second Disposition Effective Date".

  • BW and the Environment Agency are included in the list of designated bodies that may authorise others to carry out functions on their behalf.

  • At the Disposition Closing, the Former Member shall deliver to the Company and/or the Remaining Members an instrument of transfer (containing warranties of title and no encumbrances) conveying the Former Member's Interest.

  • No Default, Event of Default or Borrowing Base Deficiency will exist on the Subject Disposition Closing Date and no Default, Event of Default or Borrowing Base Deficiency will result from the Subject Disposition.

  • The Xxxxxxx Disposition Closing Date shall occur on or prior to December 31, 2009.

  • Administrative Agent shall have received from Borrower on or prior to the Xxxxxxx Disposition Closing Date true and complete copies of any 1031 Exchange Documents necessary to facilitate the Xxxxxxx Disposition Exchange Agreement, in each case in form and substance satisfactory to Administrative Agent.

  • On and effective as of the Xxxxxxx Disposition Closing Date, the Borrowing Base shall be reaffirmed to be $900,000,000.

Related to Disposition Closing

  • Acquisition Closing Date means the date on which the Acquisition is consummated.

  • Second Closing has the meaning set forth in Section 2.2.

  • Option Closing means the closing of the purchase and sale of the Option Shares pursuant to Section 2.2.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

  • Tender Closing Date means the date and time set out in column (C) of Part 1 of the Schedule to the Tender Notice;

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Merger Closing means “Closing,” as that term is defined in the Merger Agreement.

  • Subsequent Closing shall have the meaning ascribed to such term in Section 2.4.

  • Second Closing Date means the date of the Second Closing.

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Disposition Date shall have the meaning ascribed thereto in Subsection 5.1(d);

  • Closing means the closing of the purchase and sale of the Securities pursuant to Section 2.1.

  • Sale Transaction has the meaning set forth in Section 3(a).

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Plant closing means the closing of a plant site or other corporate location that directly results in termination of the Grantee’s Service.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Final Closing means the last closing under the Private Placement;

  • Closing Transactions has the meaning set forth in Section 11.8(a)(i) of these Bylaws.

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Additional Closing has the meaning set forth in Section 2.3.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.