First Close definition

First Close has the meaning established within Section 2.01(a) of this Agreement.
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First Close means the first closing of the Fund which will occur on or before 31 March 2022.
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First Close means the Initial Closing as that phrase is defined in the Asset Purchase Agreement.
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Examples of First Close in a sentence

  • The Title Policy issued at the First Close of Escrow shall provide coverage in the amount of the Parcel A Purchase Price.

  • Buyer and Seller agree to execute and deliver to Escrow Holder prior to the First Close of Escrow a Memorandum of Agreement in the form attached hereto as Exhibit "C" confirming the parties' rights and obligations under this paragraph 8(e).

  • THAT on the Signing and First Close Date, the Parties shall sign Additions to the Service Agreements.

  • Escrow Holder shall cause such document to be recorded at the First Close of Escrow.

  • Escrow Holder shall record such Memorandum of Agreement at the First Close of Escrow.

  • Prior to the First Close of Escrow, Buyer shall execute and deliver to Escrow Holder a request for reconveyance, in Escrow Holder's standard form, requesting the reconveyance of Parcel B from the lien of the Deed of Trust in the event Buyer defaults under this Agreement prior to the Second Close of Escrow and Seller elects to terminate this Agreement without drawing upon the Letter of Credit.

  • The First Close Limited Partner shall contribute the amount specified in paragraph (E) of Background as its Capital Contribution on the Closing Date and on any date on which the First Close Limited Partner increases its Commitment in accordance with clause 4.1.3.2 shall contribute a further Capital Contribution being 0.0001 per cent.

  • The Indian shareholders agree that the Net Working Capital of Indian during the period from First Close until Effective Time and at Effective Time shall not be less than $750,000.

  • Seller shall not compromise, settle or adjust any claims to such award without Buyer's prior written consent, and Buyer shall have the sole right after the First Close of Escrow to negotiate and otherwise deal with the condemning authority with respect to any threatened taking of all or any portion of the Property.

  • Possession of the Property and shall be delivered to Buyer at the First Close of Escrow free and clear of all leases or rights of other parties to possess or occupy all or any portion of the Property.