Definition of HSI Closing


HSI Closing means the closing of the HSI Public Offering.
Sample 1

Examples of HSI Closing in a sentence

In the case of Options not immediately exercisable in full, the Committee may at any time accelerate the time at which all or any part of the Options may be exercised and may waive any other conditions to exercise, subject to the terms of the Option Agreement and the Plan, and provided that the Committee may not accelerate the exercise date prior to the HSI Closing.
If such bank accounts are not transferred on or prior to Closing, then any obligations for checks made by NLS but not cashed as of the Closing (provided that such underlying liability or obligation is included as HSI Current Liabilities in the final determination of the HSI Closing Working Capital) that are satisfied by NLS shall be treated as a Current Asset of the Contributed Schein Vet Business for purposes the final determination of HSI Closing Working Capital pursuant to Section 2.4.
From and after the Closing Date, if HSI receives payment (including by set-off) for (i) any accounts receivable included as HSI Current Assets in the final determination of HSI Closing Working Capital as of the Closing Date or (ii) rebates receivable to the extent related to the Contributed Schein Vet Business and allocated in a manner consistent with HSIs past practices, HSI shall, as promptly as practicable, remit such payment to BAHS.