Final Closing Time definition

Final Closing Time has the meaning set forth in Section 3.06.
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Examples of Final Closing Time in a sentence

  • The Net Working Capital, as defined in Section 3.4(b)(ii), of the Company reflected on the Net Working Capital Statement is referred to herein as the “Final Closing Time Working Capital Position.” The cash component of the Final Closing Time Working Capital Position shall be at least One Hundred Thousand and No/100 Dollars ($100,000).

  • If the Final Closing Time Working Capital is less than the Agreed Closing Time Working Capital Position by more than Twenty Thousand and No/100 Dollars ($20,000), then the Company shall pay the difference, less the Band Amount, to the Purchaser.

  • Subject to Sections 3.4(b)(iv) and (v) hereof, within ten (10) business days after the delivery of the Net Working Capital Statement, the Company or the Purchaser as the case may be, shall pay the Purchaser or the Company as the case may be, the amount by which the Agreed Closing Time Working Capital Position, as defined in Section 3.4(b)(iii) differs from the Final Closing Time Working Capital Position by more than Twenty Thousand and No/100 Dollars ($20,000) (the “Band Amount”).

  • For the avoidance of doubt, if the Final Closing Time Working Capital Position exceeds the Agreed Closing Time Working Capital Position by more than Twenty Thousand and No/100 Dollars ($20,000), then the Purchaser shall pay the difference, less the Band Amount, to the Company.

  • In the event that the Final Closing Time occurs, at such final Call Closing, Magiclytics shall deliver to the Company the originals of the corporate minute books, books of account, contracts, records, and all other books or documents of Magiclytics in the possession of Magiclytics or its representatives.

  • Notwithstanding the forgoing, the Parties acknowledge and agree that the provisions of this Article IX shall apply with respect to any indemnification obligations that may arise following the Closing and prior to the occurrence of the Final Closing Time and, during such time period the Parties shall have the rights and obligations as set forth both in this Article IX and in the remainder of this Agreement, including, without limitation, the provisions of Article VII and Section 10.21.