Further Closing Date definition
Examples of Further Closing Date in a sentence
The Transferee shall exercise due care in respect of the Transferred Assets and itself bear the damage and loss risk of the Transferred Assets from the Initial Closing Date to Further Closing Date.
Both parties may specify in writing other time as Further Closing Date according to the performance of this Agreement.
Both parties agree that the ownership of the Transferred Assets as listed in Annex 1 will be officially transferred after the remaining portion of the Transfer Price is paid on the Further Closing Date.
The closing of the Further Purchase shall be held at the office of Buchalter, Nemer, Fields & Younger, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Suite 2400, Los Angeles, California, on the date requested by the Company, provided that such date is 60 days or more after such request is made (the "Further Closing Date").
The Seller shall not be liable for any Further Claim unless a notice of the Further Claim is given by the Investor to the Seller specifying the matters set out in Clause 8.2 within 18 months following the Further Closing Date.
On the Further Closing Date (a) the Issuer shall deliver the Further Global Note Certificate to the Registrar for authentication, and (b) the Registrar shall deliver the authenticated Further Global Note Certificate to the Common Depositary.
The net proceeds of any Further Advances to be made on any Further Closing Date must be deposited in the Loan Payments Account and may be applied by the Borrower for its general corporate purposes or for making a Restricted Payment provided that the Restricted Payment Condition is satisfied and subject to Clause 14.2.4 (Restricted Payments).
If any payment is made by the Seller to the Investor in respect of any claim for any breach of this Agreement (or any agreement entered into under this Agreement), the payment shall be treated so far as lawfully possible as an adjustment of the Further Share Consideration that is paid by the Investor on the Further Closing Date for the Further Shares under this Agreement and the Further Share Consideration shall be deemed to have been reduced by the amount of such payment.
If any class of Notes is issued at a premium or discount, an amount equal to any such premium will be paid to the Borrower by the Issuer on the Closing Date or relevant Further Closing Date as a premium on the Closing Date Advance, Further Advance or New Advance.