Examples of Effective Date Effective Date in a sentence
The purchase price for the Sale Equity is calculated on the Effective Date as follows:• The tangible net asset value of Radiant, to be determined as at the Effective Date (“Effective Date TNAV”), less;• A fixed amount of R20 million,subject to a maximum purchase amount of R117 million.
The representations and warranties by Seller set forth in Section 9.1 being true and correct in all material respects as of the Closing except (i) representations and warranties stated in Section 9.1 to be as of the Effective Date (“Effective Date Reps”), and (ii) as modified by notice (in accordance with Section 9.1) to which Buyer has no right to object, or does not object in writing by the later of (x) three Business Days after receipt thereof or (y) the end of the Study Period.
Within its BAFO the Hosting Supplier specified the maximum numbers of each unit required to deliver the Hosting Services in accordance with the Service Requirements, Service Levels and all other applicable provisions of the Agreement, based on the Hosting Supplier’s own due diligence alone and the total scope of the hosting services provided under the Exiting Contracts that were in scope for replacement by the Hosting Supplier as at the Effective Date (“Effective Date Scope”).
Subject to this restriction, Lessor hereby grants Lessee in connection with Lessee’s activities on the Property (i) the right to use any water rights owned by Lessor on the Property, (ii) access, through xxxxx or by other means, to any surface or ground water sources on or under the Property, and (iii) the right to use all xxxxx, dams, surface diversions, ditches, storage tanks, and related fixtures and appurtenances existing on the Property on the Effective Date (“Effective Date Water Facilities”).
Effective Date, Closing Date and Closing 3.1. Effective Date “Effective Date" shall have the meaning as defined in Section 1.13.
The exercise price per Ordinary Share under this Warrant shall be $1.00, subject to adjustment hereunder (the “Exercise Price”); provided, however, in the event that 80% of the average of the 10 VWAPs immediately following the Effective Date (“Effective Date Price”) is less than $1.00, then the Exercise Price shall be immediately reduced (without any further action by the Company or the Holder) to equal the greater of $0.50 and the Effective Date Price.
The respective representations and warranties of each Seller set forth in Section 9.1 being true and correct in all material respects as of the Closing except (i) representations and warranties stated in Section 9.1 to be as of the Effective Date (“Effective Date Reps”), and (ii) as modified by written notice (in accordance with Section 9.1) to which Buyer has no right to object, or does not object in writing by the later of (x) five Business Days after receipt thereof or (y) the end of the Study Period.
In so doing, we developed a conservative, lower-bound estimate of the value of the space and supplies.
Torre approves the unaudited financial statements of the TGS Group in respect of the period from 1 March 2013 up to and including the Effective Date (“Effective Date Accounts”).
Radiant Disposal Consideration-The “Radiant Disposal Consideration” for the Sale Equity will be calculated on the Effective Date as follows:• The tangible net asset value of Radiant to be determined as at the Effective Date (“Effective Date TNAV”), less;• A fixed amount of R20 million,subject to a maximum Radiant Disposal Consideration of R117 million.