First Closing Time definition

First Closing Time means 2:00 p.m. (Toronto time) on the Closing Date or such other time on the First Closing Date as the Corporation and the Agent may mutually agree upon in writing;
First Closing Time has the meaning set forth in Section 1.2(a).
First Closing Time such time and date of payment for and delivery of Option Shares, if not the First Closing Time, is hereinafter called an “Option Closing Time”; and each such time and date is hereinafter called a “Closing Time.” Payment shall be made to the Company by wire transfer of immediately available funds to a bank account designated by the Company, against delivery to the Representatives for the respective accounts of the Underwriters of the Shares. It is understood that each Underwriter has authorized the Representatives, for its account, to accept delivery of, receipt for, and make payment of the purchase price for, the Shares which it has agreed to purchase. The Representatives, individually and not as representatives of the Underwriters, may (but shall not be obligated to) make payment of the purchase price for the Shares to be purchased by any Underwriter whose funds have not been received by the Closing Time, but such payment shall not relieve such Underwriter from its obligations hereunder.

Examples of First Closing Time in a sentence

  • The OP Units to be issued to the Company by the Operating Partnership in connection with the Company’s issuance of the Offered Shares have been duly authorized for issuance by the Operating Partnership to the Company and, at the First Closing Time, will be validly issued and fully paid.

  • Such time and date for delivery of the Firm Shares is herein called the "First Closing Time", such time and date for delivery of the Optional Shares, if not the First Closing Time, is herein called the "Second Closing Time", and each such time and date for delivery is herein called a "Closing Time".

  • At the First Closing Time, the Representatives shall have received the favorable opinions, dated as of such Closing Time, of [▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇], counsel for the Selling Shareholder, to the effect set forth in Exhibit A-4 hereto, and to such further effect as counsel to the Underwriters may reasonably request.

  • At the First Closing Time, the Representatives shall have received the favorable opinions, dated as of such Closing Time, of ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇, counsel for the Selling Stockholders, to the effect set forth in Exhibit A-3 hereto, and to such further effect as counsel to the Underwriters may reasonably request.

  • In order to document the Underwriters' compliance with the reporting and withholding provisions of the Tax Equity and Fiscal Responsibility Act of 1982 with respect to the transactions herein contemplated, such Selling Shareholder will deliver to you prior to or at the First Closing Time (as hereinafter defined) a properly completed and executed United States Treasury Department Form W-9 (or other applicable form or statement specified by Treasury Department regulations in lieu thereof).

  • In order to document the Underwriters' compliance with the reporting and withholding provisions of the Tax Equity and Fiscal Responsibility Act of 1982 with respect to the transactions herein contemplated, such Selling Stockholder will deliver to you prior to or at the First Closing Time (as hereinafter defined) a properly completed and executed United States Treasury Department Form W-9 (or other applicable form or statement specified by Treasury Department regulations in lieu thereof).

  • Delivery of certificates for the Firm Shares to be purchased by the Underwriter and payment therefor shall be made at the offices of Fraser ▇▇▇▇▇▇ Casgrain LLP, 1 First Canadian Place, 39th Floor, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇ (or such other place as may be agreed to by the Company and the Underwriter) at the First Closing Time on the First Closing Date.

  • As further consideration for the purchase of the shares from the Company, at and as of the First Closing Time, the Purchaser (as duly authorized by Altamira Management Ltd.) shall relinquish and forever give up the Dilution Penalty, and no further document or certificate concerning this relinquishment and give up shall be necessary.

  • In addition, the Vendor and the Shareholder shall have complied with all covenants and agreements herein agreed to be performed or caused to be performed by them at or prior to the First Closing Time.

  • Subject to the terms and conditions hereof, the transactions contemplated herein shall be closed at the First Closing Time and at the Second Closing Time at the offices of ▇▇▇▇▇▇ ▇▇▇▇▇▇ LLP at ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ or at such other place or places as may be mutually agreed upon by the Vendor and the Purchaser.


More Definitions of First Closing Time

First Closing Time means 10:00 am in Toronto on the First Closing Date or such other time on the First Closing Date as the parties hereto may agree upon;
First Closing Time means 8:00 a.m. (Montréal time) on the First Closing Date.
First Closing Time means 10:00 o'clock in the forenoon on the Closing Date or such other time on such date as the Parties may agree as the time at which the Closing shall take place.

Related to First Closing Time

  • Closing time means the date and hour specified in the bidding documents for the receipt of bids.

  • Option Closing Time means 8:00 a.m. (Toronto time) on any Option Closing Date or such other time on any Option Closing Date as the Company and the Underwriters may agree;

  • First Closing has the meaning set forth in Section 2.2(a).

  • Scheduled Closing Time means, in respect of an Exchange or Related Exchange and a Scheduled Trading Day, the scheduled weekday closing time of such Exchange or Related Exchange on such Scheduled Trading Day, without regard to after hours or any other trading outside of the regular trading session hours.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.