Initial Closing definition

Initial Closing shall have the meaning ascribed to such term in Section 2.1.

Initial Closing has the meaning set forth in Section 2.1.

Initial Closing means the closing of the purchase and sale of the Common Stock pursuant to Section 2.1.

Examples of Initial Closing in a sentence

• The Purchaser shall have delivered to the Seller each document as set forth under Section 4.02(b), in case of the Initial Closing, Section 4.02(d), in case of the SOP Closing, Section 4.02(f), in case of any Tranche 1 Earn-Out Closing, and Section 4.02(h), in case of any Tranche 2 Earn-Out Closing.

• Within forty (40) Business Days after the Initial Closing Date, the Purchaser shall prepare and deliver to the Seller a statement setting forth its good faith calculation of the Closing Target Company Cash, which statement shall include all reasonable details and be substantially in the form of Schedule 2.08(a) of the Disclosure Letter (the “Closing Statement”) prepared in the form set forth on Schedule 2.08(a) of the Disclosure Letter.

• The closing of the Initial Consideration Shares (the “Initial Closing”) shall take place remotely via the electronic exchange of documents and signatures on the tenth (10th) Business Day following the last of the conditions to the Initial Closing set forth in Section 10.01 and Section 10.02 and Article XI are satisfied or waived other than conditions that by their nature are to be satisfied as of the Initial Closing, or on such other date and time as may be mutually agreed in writing by the Parties.

• The Reorganization (except for any steps that are specified not to be completed on or prior to the Initial Closing) shall have been consummated in accordance with the Reorganization Plan, the Transaction Documents and applicable Law.

• The Purchaser shall file with the NYSE the supplemental listing application in respect of the ADSs representing such Consideration Shares and shall file with the HKSE the listing application in respect of the maximum number of Consideration Shares to be issued by the Purchaser pursuant to this Agreement, in each case before the Initial Closing.

More Definitions of Initial Closing

Initial Closing shall have the meaning set forth in Section 3.1.

Initial Closing shall have the meaning specified in Section 7.2(a) hereof.

Initial Closing means the first closing of the Offering that will occur after the Minimum Offering is achieved.

Initial Closing means the date of the initial sale of shares of the Company’s Series C Preferred Stock pursuant to the Purchase Agreement.

Initial Closing has the meaning set forth in Section 3.1 of this Agreement.

Initial Closing has the meaning set forth in the Purchase Agreement.

Initial Closing shall have the meaning assigned thereto in the Master PSA.