Event Closing definition
Examples of Event Closing in a sentence
Each Triggering Event Notice shall include the number of Pre-Emptive Right Securities which CBG and/or GCILP shall be entitled to purchase as a result of the applicable Triggering Event, a calculation demonstrating how such number was determined, the Triggering Event Price and the anticipated Triggering Event Closing Date and the terms and conditions of the Pre-Emptive Right Securities, if other than Common Shares.
To the extent that the SPA Purchaser defaults in respect of any of its obligations under the SPA to purchase Securities on the Event Closing Date or the Maturity Closing Date the Trust shall sell the Securities as promptly as is reasonably practicable in accordance with the advice of a financial advisor to be chosen in the manner set forth below (such advisor being herein called the "DEALER-ADVISOR").
The Ticket Office Event Closing Statement, showing detailed sales information, debits, and credits will be sent to the Sponsor.
Now, therefore, subject to and contingent upon the occurrence of an Event Closing, the Underwriter and the Company hereby consent to the Purchase (the “Consent”), which Consent shall become effective only upon the occurrence of an Event Closing, if at all, subject to the other conditions set forth in this Section 4.
One month after the cancelled event, the event will be closed and an Event Closing Statement issued to the sponsor.
Each Triggering Event Notice shall include the number of Pre-Emptive Right Securities which the Lender shall be entitled to purchase under the applicable Triggering Event, a calculation demonstrating how such number was determined, the Triggering Event Price and the anticipated Triggering Event Closing Date and the terms and conditions of the Pre-Emptive Right Securities, if other than Common Shares.
Upon sponsor request, a preliminary Event Closing Statement may be available the second working day after the close of the event.
If this Agreement is terminated pursuant to Section 7.01(d)(i)(A), then Seller shall pay Purchaser an amount equal to $2,250,000 (the “Reduced Termination Fee”) within 1 Business Day after such termination; provided, that in the event that a Takeover Event Closing subsequently occurs, Seller shall pay Purchaser the Termination Fee (less the amount of the Reduced Termination Fee previously paid) concurrently with such Takeover Event Closing.
The Purchasers and the Company hereby acknowledge and agree that the Preferred Shares issued at each Closing (other than the Second Closing or Qualified Event Closing, if any) are part of an "investment unit" under principles of Section 1273(c)(2) of the Code, which includes the Warrants issued on such date.
The Fundamental Event Closing has not occurred by such date and, as a result an Event of Default has occurred and is continuing under Section 9.2 of the Loan Agreement.