Initial Closing Managed Properties definition

Initial Closing Managed Properties means the Properties which as of the Initial Closing Date, (i) are not Purchaser Licensed Properties, (ii) do not have any Unsatisfied Closing Conditions related to it (or to any Properties subject to the same Existing Real Property Loan) and (iii) are located in jurisdictions in which the applicable Law recognizes and permits the management of the Properties by Purchaser’s Manager pursuant to an Interim Operating Agreement.
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Related to Initial Closing Managed Properties

  • 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.

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Second Closing Date has the meaning set forth in Section 1.3.

  • Amendment Closing Date means the first date that all the conditions precedent set forth in this Amendment are satisfied or waived in accordance herewith.

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

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Acquisition Closing Date means the “Closing Date” under and as defined in the Acquisition Agreement.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Additional Closing Date shall have the meaning set forth in Section 2.3.2.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • First Amendment Closing Date has the meaning assigned to such term in the First Amendment.

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • Additional Closing has the meaning set forth in Section 2.3.

  • Second Amendment Closing Date has the meaning assigned to such term in the Second Amendment.

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • Third Amendment Closing Date has the meaning assigned to such term in the Third Amendment.

  • Loan Closing Date means the date upon which the Loan is made to the Company.

  • Increased Facility Closing Date any Business Day designated as such in an Increased Facility Activation Notice.

  • Second Closing has the meaning set forth in Section 2.2.

  • Series Closing Date means the date designated as such in the Series Term Sheet.

  • Closing Date Mortgaged Property as defined in Section 3.1(h).

  • Closing Dates means the Initial Closing Date and each Subsequent Closing Date.

  • Seller’s Closing Documents as defined in Section 3.2(a).