Interim Closing Date definition
Examples of Interim Closing Date in a sentence
On the Interim Closing Date, the consummation of the transactions contemplated by the Agreement and the Related Agreements shall be legally permitted by all laws and regulations to which Purchasers and the Company are subject.
The parties hereto shall, and shall cause their respective Affiliates to settle any outstanding amounts owed pursuant to the Reimbursement Agreement as of immediately prior to the Termination Date and terminate the Reimbursement Agreement effective as of the Interim Closing Date.
Following the receipt of a notification by any party hereto that FINRA has denied its Consent to either of the CMAs (the “Termination Date”), the parties hereto acknowledge and agree that the Contribution Agreement shall, subject to the survival of certain provisions pursuant to Section 2.02, be deemed automatically terminated, effective as of the Interim Closing Date.
Such amendment and restatement of the Constituent Documents of the PrinceRidge Entities and termination of the IFMI Supplementary Agreement shall be effective on the last day of the Termination Period and as of the Interim Closing Date.
The representations and warranties made by the Company in Section 5 hereof shall be true and correct in all material respects as of the Interim Closing Date with the same force and effect as if they had been made as of the Interim Closing Date, and the Company shall have performed all obligations and conditions herein required to be performed or observed by it on or prior to the Interim Closing Date.