Final Closing Date definition
Examples of Final Closing Date in a sentence
On or before each of the Initial Closing Date and the Final Closing Date, the Placement Agent and counsel for the Placement Agent shall have received such information and documents as they may reasonably require for the purposes of enabling them to pass upon the issuance and sale of the Securities as contemplated herein, or in order to evidence the accuracy of any of the representations and warranties, or the satisfaction of any of the conditions or agreements, herein contained.
The Company will notify the Purchasers and the Placement Agent in writing, prior to the Final Closing Date of (i) any Disqualification Event relating to any Issuer Covered Person and (ii) any event that would, with the passage of time, become a Disqualification Event relating to any Issuer Covered Person.
The Company has no knowledge of any facts or circumstances which lead it to believe that it will file for reorganization or liquidation under the bankruptcy or reorganization laws of any jurisdiction within one year from the Final Closing Date.
In addition, the Placement Agent shall have received on the Final Closing Date a bringdown letter from such counsel, dated as of the Final Closing Date, confirming that the Initial Opinion may be relied upon as of the Final Closing Date (subject to any changes set forth therein and acceptable to the Placement Agent in its reasonable discretion).
On the Final Closing Date, the Escrow Agent shall release to the Company the Additional Subscription Amounts previously paid by the Purchasers pursuant to the terms of the Escrow Agreement.