Examples of Initial Closing Conditions in a sentence
We presently have sufficient authorized shares to proceed with the Initial Closing upon satisfaction of the Initial Closing Conditions.
Ownership of the Pre-Closing Assets shall remain with Hydro until the Initial Closing Date, at which time, subject to the satisfaction of the Initial Closing Conditions, ownership of the Pre-Closing Assets, together with the Pre-Closing Liabilities, shall be transferred to the Limited Partnership as part of the Initial Closing Transaction.
In addition to the conditions provided in other provisions of this Agreement, Buyer's obligation to perform its undertakings provided in this Agreement (including its obligation to purchase the Property) are conditioned upon the satisfaction or written waiver of Buyer of each of the following (collectively, the "Buyer's Initial Closing Conditions"), (Seller's Initial Closing Conditions and Buyer's Initial Closing Conditions shall hereinafter be referred to herein collectively as the "Closing Conditions").
The Initial Closing shall take place at 11:00 a.m. on the third Business Day following the fulfillment or waiver of all of the Initial Closing Conditions (other than those Initial Closing Conditions that by their terms are intended to or may be fulfilled at the Initial Closing), or such other date and time agreed by the Parties, at the offices of Fangda Partners, 00xx Xxxxx, Xxx Xxxxxxxx Xxxxxx, 0 Xxxxxxxxx Xxxxx, Xxxxxxx in Hong Kong or any other place agreed in writing by the Parties.
In connection therewith, Sellers and Buyer hereby acknowledge and agree to waive the five (5) Business Day period after Buyer’s written waiver of the Initial Closing Conditions as set forth in Section 2.4 of the Agreement as a condition of setting the date of such Initial Closing.
Further, the Instructions shall include an acknowledgement and agreement from the Company and the Depositor that as of the Initial Closing date, the Initial Closing Conditions have been or will be fully satisfied.
Subject to the satisfaction (or waiver by each Investor) of the Initial Closing Conditions, the Initial Closing shall take place remotely via the exchange of documents and signatures, on the first (1st) Business Day following satisfaction of the Initial Closing Conditions, or at such time and place as the Company and each of the Investors mutually agree upon, orally or in writing (the “Initial Closing”).
Further, the Instructions shall include an acknowledgement and agreement from the Company and Depositors that as of the Initial Closing date, the Initial Closing Conditions have been or will be fully satisfied.
In addition to the conditions provided in other provisions of this Agreement Seller's obligation to perform its undertakings provided in this Agreement (including its obligation to sell the Property to Buyer) are conditioned upon the satisfaction or written waiver by Seller of the following (collectively, "Seller's Initial Closing Conditions"): ( a ) Performance by Buyer.
There are certain Initial Closing Conditions NCN and TPC must meet or Hydro could proceed with the project anyway.